I have free time now and I want to answer your questions so if you have any question let me know @TheCryptoExpert
I see a lot of you do not understand how thinds are going when we get news about update or something like that.
Let me explain you
For example, we got news that STRAT will release new wallet in 10 days. Right after that news, price will go 10-15% up. Then it will go 60-70% down from the top and then uptrend will start and price will go up step by step.
2-3 days before that update, price will start slowly to drop? Why?
Hype started 10 days ago and it lasts 7-8 days and now we do not have new buyers and those who bought few days ago, will see that there is not sign of new uptrend and they will start selling and price will drop very fast. If you keep holding thinking that price will boom after there release wallet, you are wrong. It won't happen because everyone know about that news and if they wanted to buy STRAT, they would buy it. They wouldn't wait for it to happen.
There are a lot of types of forks. There is fork where coin will be splitted and holders are going to receive bonus coins.
In this case, price will go up and up and once fork happend, it will drop very fast because they got coins and there is not reason to wait more.
On the other side, there is fork where coin will go through some update in certain period and holders won't receive any coin as a bonus. So that's reason why coin will jump after fork announcement but once they read everything, it will start dropping even before fork because holders will start booking profit and there are not new buyers because there is not reason to buy that coin. Software update won't affect price so much. Yes it can cause nice gain of 20-30% but it hasn't power as fork where holders will receive bonus coins or where certain % of coins will get burned so price will go up because if volume stays same and total supply becomes lower, it will cause price to go up. It is basic maths.
There are hundreds of examples and I will cover every single example in future to make you understand but for now I think this is more than enough.
I hope you got some value from this. If you like it you can share with your friends to help them understand this too 😉
Let me explain you
For example, we got news that STRAT will release new wallet in 10 days. Right after that news, price will go 10-15% up. Then it will go 60-70% down from the top and then uptrend will start and price will go up step by step.
2-3 days before that update, price will start slowly to drop? Why?
Hype started 10 days ago and it lasts 7-8 days and now we do not have new buyers and those who bought few days ago, will see that there is not sign of new uptrend and they will start selling and price will drop very fast. If you keep holding thinking that price will boom after there release wallet, you are wrong. It won't happen because everyone know about that news and if they wanted to buy STRAT, they would buy it. They wouldn't wait for it to happen.
There are a lot of types of forks. There is fork where coin will be splitted and holders are going to receive bonus coins.
In this case, price will go up and up and once fork happend, it will drop very fast because they got coins and there is not reason to wait more.
On the other side, there is fork where coin will go through some update in certain period and holders won't receive any coin as a bonus. So that's reason why coin will jump after fork announcement but once they read everything, it will start dropping even before fork because holders will start booking profit and there are not new buyers because there is not reason to buy that coin. Software update won't affect price so much. Yes it can cause nice gain of 20-30% but it hasn't power as fork where holders will receive bonus coins or where certain % of coins will get burned so price will go up because if volume stays same and total supply becomes lower, it will cause price to go up. It is basic maths.
There are hundreds of examples and I will cover every single example in future to make you understand but for now I think this is more than enough.
I hope you got some value from this. If you like it you can share with your friends to help them understand this too 😉
If you like our channel, you can invite your friends to join us through this link : https://news.1rj.ru/str/CryptoExpertSignals
Let's create strongest and biggest crypto community 🤗
Let's create strongest and biggest crypto community 🤗
Hello dear friends, I hope you are doing great. Check our latest BTC analyze below 👇
According to this, if BTC cross blue and red line, new ATH will be reached. But good for us is that grean line is broken and it could be sign of future downtrend. I hope it will happen. If BTC reach new ATH it could cause new red day for ALTs . I think ALTs are going to make double support before uptrend.
I want you to know that BTC price is determined more by FA than TA. So these charts could help us but main factor is FA. Bitcoin expects 3 more forks in next 30 days so it is hard to imagine huge correction. Little correction ( 5%-20%) is possible but bigger I do not think so. So that's why I am sharing these days more tips and suggestions because trading could be very risky these days.
This is not my prediction or something like that, I just want to help you to understand where is Bitcoin at the moment and why I am talking that it is too high for me to buy now. It needs a lot of buyers to stay at this level. All coins that I was follwoing with similar chart, made big correction ( something like this on this photo ) and I am just currious will BTC make something like that or BTC will be unique and continue uptrend withhout big corrections? For that, BTC needs a lot of buyers as I said but crypto world is at early stages so it is not possible to happen but it means sooner or later, this could face with huge downtrend. I would not like to see that because if BTC is high, it will spread positive things about cryptocurrencies and total volume could grow every single day. But sooner or later this trend will get over and BTC will have to go through correction time.
Maybe I am now a little bit contradictory. I am sharing charts about BTC and hoping to see correction but I wrote that I want to see BTC high.
I will explain about this tomorrow with full explaination so make sure to check our channel tomorrow
Maybe I am now a little bit contradictory. I am sharing charts about BTC and hoping to see correction but I wrote that I want to see BTC high.
I will explain about this tomorrow with full explaination so make sure to check our channel tomorrow
In this bloodbath, we can see one coin that is going up and it is LTC but we predicted LTC few days ago in our paid group and it is nice to have coin that is going up in these red days. This coin was too big so it could shared also in free group but I do not know honestly reason why I did not do that.Probably I forgot.
Here is the proof of our signal in paid group shared on 1st December 👇
Here is the proof of our signal in paid group shared on 1st December 👇
Crypto Signals
BTC is reached new ATH and previous resistance is broken and now it is support. In this point, BTC is testing 2 supports. Let's see if these supports will get broken or not
Good morning, I hope yoi are doing well. I am out of my laptop so I am not able to see full chart but according to tabtrader, this support is broken so finally good news for ALTs
Hello dear friends, how are you. My busy part of week is over and now let's work together. I will first analyze BTC to share with you update. Then I will post what to do with Electroneum because tomowwor is launch. Also, I am going to share my review for Finom ICO and hopefully one more ICO. Also, I need to work for my paid members, to analyze coins and share signals so most important thing is that I have time to do all these things so stay tunned 🤗😉