New term: Internet of Value (IOV) coined by Blackrock. You all heard of "Internet of Things (IOT). Here comes BITCOIN, the "Internet of Value" (IOV) โค๏ธ๐ฅ๐ฅ๐ฅ๐ฅ
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NEW: #Bitcoin is now the 10th largest asset in the world by market capitalization, surpassing giants such as JPMorgan, Berkshire Hathaway, Tesla, and Visa ๐๐
Amidst hype and greed u take profit! Sloooooowly though. NFA!
NB: Just a quick access to the network. Not done proper market analysis for 2 months.
NB: Just a quick access to the network. Not done proper market analysis for 2 months.
DrPhil_DeCrypto
Amidst hype and greed u take profit! Sloooooowly though. NFA! NB: Just a quick access to the network. Not done proper market analysis for 2 months.
If u bought BTC, ETH, SOL, and RUNE with me at the very lows of the bear market, then you are some insane percentages ahead of the FOMO mob atm.
Hi all,
The BTC halving narrative is in full force, thus BTC is mooning atm. Exciting times!
This is likely going to carry the rest of the coins with it, particularly ETH will likely reclaim its former ATH after a pause in BTC uptrend.
It is vital to note this bull trend is behaving a little differently to the previous bulls largely due to the approval of the ETFs. It is noteworthy to see BTC reclaim and may likely exceed the previous ATH before the halving has occurred. The new ATH is usually after the halving. This is all exciting but also gives some credence to the left translated cycle theory. However, this is all too early to call.
My game plan:
1. I am not going to approach this market with a fear of potential correction, or the fear of a possible left translated cycle.
2. I will simply take profit whenever I feel a certain price range is achieved. I.e. When BTC and ETH hit a new ATH, I may sell 20% of my position, and another 30% if the price is too extended. The reason for this is to remove the edge and that little tingling thought that a major correction may occur pre or post halving.
3. If a major correction happens, and I have spare cash, I will simply buy more BTC, SOL, & ETH as this bull run is setting up to be a significant one.
Now, a left translated cycle may occur if BTC decides to go parabolic now, i.e. hitting $130k-150k over the next 2-3 months. If this occurs, I will respond accordingly, otherwise, be ready for the biggest bull market yet.
The BTC halving narrative is in full force, thus BTC is mooning atm. Exciting times!
This is likely going to carry the rest of the coins with it, particularly ETH will likely reclaim its former ATH after a pause in BTC uptrend.
It is vital to note this bull trend is behaving a little differently to the previous bulls largely due to the approval of the ETFs. It is noteworthy to see BTC reclaim and may likely exceed the previous ATH before the halving has occurred. The new ATH is usually after the halving. This is all exciting but also gives some credence to the left translated cycle theory. However, this is all too early to call.
My game plan:
1. I am not going to approach this market with a fear of potential correction, or the fear of a possible left translated cycle.
2. I will simply take profit whenever I feel a certain price range is achieved. I.e. When BTC and ETH hit a new ATH, I may sell 20% of my position, and another 30% if the price is too extended. The reason for this is to remove the edge and that little tingling thought that a major correction may occur pre or post halving.
3. If a major correction happens, and I have spare cash, I will simply buy more BTC, SOL, & ETH as this bull run is setting up to be a significant one.
Now, a left translated cycle may occur if BTC decides to go parabolic now, i.e. hitting $130k-150k over the next 2-3 months. If this occurs, I will respond accordingly, otherwise, be ready for the biggest bull market yet.
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๐ฅ Bitcoin $BTC just hit new all-time high, $69,000.
what a day to be alive.
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what a day to be alive.
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However, it got rejected straight away. Now trading at 65.3k. Will see how things pan out over the next few days.
A decisive pause in BTC uptrend could lead to a strong rotation to ETH and other alts. I sold some BTC at 68K, but I feel like I shouldn't touch ETH yet. If I'm wrong about not selling ETH rn, then it is ok because the rest of the bull market is still ahead of me. Any significant (20-30%) correction at this point is to be expected and respected. It's been a great run so far. We gotta give some back to the god/s of the market, LOL ๐ ๐ ๐คฃ
Approach this bull with a good strategy, not a knee-jerk response to fear or short-term price movements.
Approach this bull with a good strategy, not a knee-jerk response to fear or short-term price movements.
DrPhil_DeCrypto
A decisive pause in BTC uptrend could lead to a strong rotation to ETH and other alts. I sold some BTC at 68K, but I feel like I shouldn't touch ETH yet. If I'm wrong about not selling ETH rn, then it is ok because the rest of the bull market is still aheadโฆ
Seems to be playing out perfectly. Beware of potential correction pre-halving, however, great ETH and alts move over the last few days.
DrPhil_DeCrypto
https://twitter.com/DrPhil_DeCrypto/status/1769472543621083585?s=19
A little birdie told me this may print. If you are playing on SOL network then please DYOR and take a smol position.
DrPhil_DeCrypto
A little birdie told me this may print. If you are playing on SOL network then please DYOR and take a smol position.
You bunch of apes, LOL. I said smol position. Anyways, if you took position, remember to take profit/initials accordingly.
DrPhil_DeCrypto
Seems to be playing out perfectly. Beware of potential correction pre-halving, however, great ETH and alts move over the last few days.
Pre-halving correction is now in play. Previous halving, we saw 20-35%, let's see how we go this halving. However, this is not something to be feared, it is a necessary pause in the bull trend.
DrPhil_DeCrypto
https://twitter.com/DrPhil_DeCrypto/status/1769472543621083585?s=19
ANUS is on ๐ฅ, LOL ๐๐๐๐
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This is the last post, LOL ๐๐๐
DrPhil_DeCrypto
Pre-halving correction is now in play. Previous halving, we saw 20-35%, let's see how we go this halving. However, this is not something to be feared, it is a necessary pause in the bull trend.
It's upon us. Not sure how shallow this will be but so far corrections are around 15-20%, however historical halving corrections are 30-40%, even 50-60% for alts. Either scenario, I'm simply buying more of the coins I like. This bull trend is going to be EPIC!
DrPhil_DeCrypto
It's upon us. Not sure how shallow this will be but so far corrections are around 15-20%, however historical halving corrections are 30-40%, even 50-60% for alts. Either scenario, I'm simply buying more of the coins I like. This bull trend is going to be EPIC!
BTC down by 20% and most alts down by 50-60%. I'm now fully allocated, and ready for post halving surge. May drop even more from here considering the current FUD, but it is ok IMHO considering the upside potential over the next 1.5 years.
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