FOMC meeting 14 dec - 15 dec

volatility will be wild

will be observing until the meeting to understand how the market is reacting to whatever that is gonna be mentioned

take care if you're trading!

https://www.federalreserve.gov/newsevents/calendar.htm

interesting

hoping for decoupling of crypto from equities but i wonder if it'll happen this cycle

i believe it's a question of when?

Binance SG pulling out of Singapore

take note of this

deadline: 13 Feb 2022

https://www.channelnewsasia.com/business/binance-sg-singapore-close-withdraw-mas-application-2375571

good thread for new traders

point 12* (v important)

also, health and mental state matters

remember to take time off trading and spend it outside the charts w your loved ones

https://twitter.com/CryptoShadowOff/status/1362004450773262346?s=20

pretty good coverage on hash rate and what it means

good to understand with hash rate hitting ath

https://www.sofi.com/learn/content/bitcoin-hash-rate/

chart:
https://www.blockchain.com/charts/hash-rate

#learn #reads #newbie

interesting

https://zycrypto.com/bitcoin-is-in-a-consolidating-bull-market-only-a-question-of-time-until-100k-bloomberg-intelligence/

market is slowly pricing in their expectations of the meeting

it's expected to be bearish given biden calling the peak of inflation along with accelerated tapering plans

let's see what we'll get !

rates unchanged -> not as bearish as expected, market bounced

pace of tapering doubles in effort to accelerate

3 possible i/r hikes next year in 2022

aye

https://coingape.com/terras-luna-hits-new-time-high-81-flips-binance-smart-chain-defi-tvl/

for the LUNAtics

some dip buys that helped me recover my port (in order of gains):

LUNA
AVAX
FTM
LINK
DOT

essentials:
BTC
ETH

month of december was pretty chill, not many trades taken but decent gains made

stuck to my high conviction coins and it reminded me of an important lesson (yes, I'm still learning and improving too)

trade quantity =/= trade quality

lesser trades =/= lesser profits

earning more while doing less = passive income ✅

cheers!

#tips #learn

remember to always have some liquidity on hand

dip -> buy -> recover -> trim to recover usdt -> dip -> buy -> cont.

tldr; buy low, sell high

eyes on Ribbon Finance (RBN)

just realised you can actually stake on CoinHako now

finally !!

just check the "Earn" tab at the bottom middle of the app

only applicable for some coins, APY isn't that high but since it's stuck there why not amiright

boom clap

we did it 🌕

market update

critical levels remain the same

market generally looking more bullish than before with the breakout and equities holding up

bears seem to be on a christmas break so that's good

we're still not in the clear, will wait for clean breaks to confirm bullish scenario

meanwhile I'll just be riding on my dip buys

total2 is breaking out of a major resistance -> some alts are flying

coupled with btc.d bottoming (40) we might see a short alt season here before btc.d starts bouncing

remember to take profits on yours alts along the way !!!

merry christmas everyone! 🎄

hope you guys are having a great break aside from the charts and spending time with your loved ones

wishing you all best of health and happy holidays!

cheers!