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Details: ht
Friends, I see that everyone is again in a state of uproar about the recent dumps that have occurred over the last few days.
I'm not even mentioning the fear spread by the phenomena that are already expecting to get dumped.
Alright, if you're trading in the short term, one could agree at some point, but you also know that there is a handicap to short-term trading.
But if you are a long-term investor, what is there that will bother you?
If you want, I can briefly summarize the current situation.
📌#bitcoin is testing the ATH level it reached in November, in the range of 108-112K. It has come here from the 15K levels, and I'm sure many of you see that it still has a long way to go, at least as much as I do.
📌#ethereum tested the 4868$ ATH level and it is quite normal for it to react on the first attempt. Moreover, despite the reaction it received, it is holding strong and maintaining the 4100$ support.
What will you say to us about #BTC 39;den veya #ETH? I am sure many of you will talk about them below.
I am sure you will think like this, so I am leaving the #TOTAL3 chart below.
📌Friends, the graph total3 shows the fate of altcoins best and currently it is holding up nicely at the 1.13-1.16T resistance, which has not been broken since 2022, forming a nice Cup & Handle formation.
The breakout of this resistance clearly indicates that it will bring tremendous rises to the lower levels.
So what I mean is that although there are fluctuations in the short term, the long-term outlook is quite good.
No panic. No boredom. Absolutely no losing hope.
Note: If such dumps hurt you a lot in the short term, there is a very simple solution, do not engage in short-term or leveraged trading.
I see that there are people saying on the right and left that they won't get involved with #crypto again, and that it would have been better if they had bought gold.
Those who say this are usually those who trade in low market cap products with high leverage. In other words, they are trying to get rich quickly.
They say how much gold has risen in the last few years, and what we've gained from crypto. Well, if you had waited as long as you were willing to wait for $BTC or #ETH almış olsaydınız ve # GOLD during the time you call the last few years, wouldn't you have earned much more?
Well, of course, it's everyone's own decision.
Those who want buy gold-silver, those who want trade on #BIST 39;te, #forex in # NASDAQ.
But my belief is complete in this market.