Found Something Interesting
@carnomaly
I respect few people in the space (so as you probably) but one of the gem finding friends hinted me a legendary project is sitting under 1m with:
- Mainnet Live
- Real doxxed team
- Registered company
- Have it`s own Chain
- Apps on iOS and Android
- Real RWA working solution
- CEX listed
- Good partners
Well on first glance it looks more than good, always investing in real companies is easy... market cap crazy low to the work done already... I remember when last time I skipped RWA gem... still hear my friend saying "I told you" when it hit 25x...
Anyone holding $CARR?
The gems i share with you are outperforming the entire #Crypto market.
โข $H 700% (8x)
โข $CSIX 150%
โข $EDGEN 60%
โข $BAYSHARK 60%
Our gems are sitting in the top gainers list together โ .
Likes & RTs appreciated
GM to the UPtober!
We are potentially approaching up-only season, which makes this next topic super important to understand when to buy, hold, and sell in crypto.
Timing your moves based on key metrics can make all the difference, so letโs break down exactly what metrics to monitor, including where we stand right now๐
What indicators to monitor?
-Fear & Greed index: https://t.co/kZMbP6HyJA
-Bitcoin monthly RSI: https://t.co/KHRTylTfcV
-Google search trends: https://t.co/LhFfrFktDe
-Crypto apps popularity: https://t.co/kn3q8BTMUk
When to Start Buying?
-Fear & Greed Index: When it's between 15-30, signaling extreme fear in the market. Great time to scoop absolute bargains across the board!
-Bitcoin monthly RSI: Look for it to drop below 30, indicating oversold conditions and a potential buy zone.
-Google Search Trends: When interest in Bitcoin is very low, like now, with trends sitting around 18, it can signal a lack of hype and retail interest - good time to accumulate.
-Crypto Apps Popularity: When crypto apps drop significantly in ranking (Coinbase is currently at #445), it reflects market lows and the absence of retail.
When to Hold?
-Fear & Greed Index: Between 40-60, like now where it sits at 50. This neutral range suggests it's best to hold or DCA in through these periods and avoid unnecessary risk like leverage.
-Bitcoin monthly RSI: In the range of 45-60, indicating a balanced market. Currently, Bitcoin's monthly RSI is around 63 - still a solid time to dca in or just hodl.
-Search Trends & App Popularity: If trends and app rankings are steady, but no wild spikes in attention, holding/DCA in is usually the best move.
When to Start Taking Profits?
-Fear & Greed Index: When it reaches 80-85+, indicating market euphoria. This is a prime time to start DCA-ing (Dollar Cost Averaging) OUT the market, 90 being the last call to react!
-Bitcoin monthly RSI: Once it climbs to 80+, itโs worth considering profit-taking. Once it hits 90+, you should definitely be preparing to exit, as this indicates the market is heavily overbought.
-Google Search Trends: Trends for "Bitcoin" spiking above 80-85, with peaks reaching 90-95, is your last call to start cashing out. For context, back in May 2021, during the $SHIB craze, search interest for bitcoin was at 100.
-Crypto Apps: When apps like Coinbase break into the Top 100, itโs a sign that retail is back, and the market is heating up. By the time it reaches Top 50, start DCA-ing out. If crypto apps hit Top 10, itโs time to get out ASAP!
Current Market Overview
-Fear & Greed Index: 50, just neutral, signaling itโs still time to hold but keep an eye out for higher levels.
-Bitcoin RSI: 63, again indicating weโre approaching a zone where youโll want to start paying attention to any upward spikes.
-Google Search Trends: 18 for word Bitcoin, one of the main indicators to monitor retail interest, which at 18 is low atm, meaning hype is not yet here, and thereโs still room to accumulate if needed. Usually it spikes during later phase of the bull market because so called ยด๏ฟฝ๏ฟฝexit liquidityยดยด is getting interested and start entering the market.
-Coinbase App Rank: #445, far from retail hype but something to keep an eye on as the market develops. Also a great indicator to monitor retail interest, once ยดยดfresh meatยดยด starts downloading crypto apps that's when we need to start capitalizing our profits.
One last thing - always stick to your personal goals. If youโve made life-changing money, donโt wait for a random influencer to call the top.
Take the profit, and change your life. Too many people end up bag-holding while waiting for higher numbers. Stay smart and in control of your gains!
NFA - DCA - DYOR