$MON & lowcap altcoins
my reasons for accumulating monad and some altcoins of my choosing;
1) i simply refuse to believe that $BTC bottom will be below 60k (we may have a wick below this level but a weekly close will stay above) thus my thesis that we are closer to the bottom than we think.
2) below is the othersbtc chart where we can see a resistance breakout which we’ve been waiting for 4 long years.
could it retest it and come back? sure.
could is retest it, reject it and powder the altseason we all have been waiting for? also possible.
im gonna take this trade cause the R/R just screams to go with most of my port.
afterall, winners are known for taking risks!
Probably the most important $BTC analysis.
It doesn't take a genius to see that the drops are getting less aggressive with every cycle.
2015 retrace = 35.82% addresses in profit.
2019 retrace = 40.47% addresses in profit.
2022 retrace = 45.11% addresses in profit.
2026 retrace = 51.12% addresses in profit.
We are seeing a 5% increase each cycle. So do the math.
45.11% + 5% approx = exactly where BTC is now.
Hindsight is a b*tch when the weekly/monthly looks disgusting.
trading new pairs right now instead of buying community driven cult memes is like seeing the whole supermarket on 90% discount and still buying mystery meat from a guy behind the building.
harsh but true
im still in solana trenches actively cause the volume STILL is here but honestly, memes wont get crypto far enough.
tech, actual tech has to be built, altseason is the reason most joined crypto in early 2023 and so far, $HYPE is reminding us what an altcoin pump feels like
hype did deserve to flip sol
we had 4.5M unique traders on solana just a year ago. now we have just 5,221 unique traders. solana trenchers would always complain to the founders about problems but the founders would rather post dogshit no trader cares about. toly would constantly fud “memecoins” which is the reason solana even got this high
then we had axiom bundlers who would farm every single coin with 20 wallets. a guy would buy 50% of a coin nd max farm it before 50k mcap. we had numerous vamps nd scams. normies dont even wanna hear about crypto all because of solana
if we cant fix our problems, i fear solana might not make a comeback even in bull market
yet $MON is showing why it is a trade most should look into
a reversal from 10% down to 3% up in the same day why the rest of the crypto market is in shambles is something only a few alts can do with monad being one of them
higher
@CrashiusClay69 the only way to make money in crypto is to TAKE PROFITS. those who blame others for selling their PROFITS must be married to 100 other shitty altcoins which they never got to take profits on