#Bitcoin#Eth#Usdt
I wish some one told me these before 2 years;
1-Divide your portfolio as trading & holding.
2-Never cross the line between them.
3-Make your own search & invesment for your holding bag and let them stay in cold wallets.
Every time i feel fomo about btc price, I look spx chart and get back to my cave.
According to some data (myass) if it dumps %20 ish, btc can dump %30-50 ish.
$SPX
#Ftx has more user balances than reserves. This is due to #Alameda market making activity went negative. This is speculative trading so they must pay all the losses. Ftx can't cover this much depth by bankruptcy.
If this is a mini bear cycle within the bull cycle (hypothesizing shit is not over), my best guess is that the low of the mini bear will happen in July with a second buy opportunity in the consolidation in August/September
1/
#Bitcoin's $30,000 Line in the Sand Similar to $4,000 in 2019-20: Selling Bitcoin around good support & similar dips below most means as about $30K this year hasn't ended well, and if the key question this time around is whether it's different, we see a more-enduring bull market.
This is the 200 week MA heat map. We have never had a bull market top without red dots, and this current run hasn't even seen us put in an orange dot. #bitcoin
76.7% of BTC supply is illiquid. (in strong-hands) This trends up only over time.
At the same time, demand for BTC (new users) is growing exponentially.
Bitcoin price only has one way to go in the long term.
Venezuela 🇻🇪 has the 3rd highest level of #Bitcoin adoption in the world, as people increasingly use it to mitigate economic instability.
These are some basic items in Venezuela next to how many bolivars, the local currency, it takes to buy them:
BREAKING: @PayPal plans to allow customers to withdraw cryptocurrency to third-party wallets for the first time since it began offering buy and sell options last year, an executive said at #Consensus2021.
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https://t.co/99Ec2nQk3A