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2021-11-17 07:39:51 Crypto Gold News pinned «How to survive a crypto winter. Depending on which coins you invested, don't be scared if you see a big drop. If you invested in good projects, they will survive a crypto winter. Here are some tips for surviving a crypto winter: Short the blue chips.  …» Open / Comment

2021-11-17 07:39:41 How to survive a crypto winter.

Depending on which coins you invested, don't be scared if you see a big drop. If you invested in good projects, they will survive a crypto winter.

Here are some tips for surviving a crypto winter:

Short the blue chips. 

Confident traders will short crypto. This means they sell a portion of their assets at their perceived "tops" (timing is obviously very speculative). Nonetheless, the strategy here is selling at a high, then buying those assets back during the crypto winter, then prices have dropped.

HODL

Many of us have altcoins in which we invested because they have a great use case or will serve an important role a specialized market (e.g., metaverse, DeFi, tokenization, etc.). Some of these use cases or markets might not have come to full fruition yet! The drop in price is heavily related to the BTC/ETH price, which tend to drop significantly in a crypto winter. Don't let this scare you to sell. If you truly believe in the project, consider this a good time to add to your stack.

Sell

Unfortunately, some projects will ultimately meet their demise in a crypto winter. We've seen many examples of "dead coins", which lacked use case, funding, liquidity or they're a memecoin.

Every bona-fide project starts with high expectations and best intentions, believing fervently that they’ll find favor among cryptocurrency traders. However, some of them quickly fall victim to low trading volumes, due to limited listings on leading exchanges. In the cryptocurrency space, up to 60% of all projects have inferior liquidity.

Generally, low trading volumes imply that the crypto asset lacks either utility or trader interest, and this leads swiftly in most cases to abandonment. It’s estimated that six in ten coins with negligible volumes are no longer supported by their developers. Platforms tracking dead coins consider a cryptocurrency dead or abandoned if it has had a trading volume of less than $1,000 within three months.

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2021-11-17 07:21:57 Ethereum breaking the RSI support a few days ago was a key signal that a breakdown in price was likely

Obviously in hindsight its easier to see that it would happen but this is why charting the RSI does have strong prevalence to upcoming moves

RSI can front-run the direction

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2021-11-16 21:49:52 Btc Update

BTC - Bullish supertrend support bounce. Decent buy back and if we can push this daily candle up higher it might actually look pretty good. A pretty important daily close, one to be watching in 6.5 hours.

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2021-11-16 15:55:26 Short guide on understanding how far your Crypto might dip or pump

There are many indicators such as the RSI which you have might heard about, but related to the title of this post we look at another indicator.

If you’re unsure if the price keeps dipping or rising I recommend opening up the moving average lines (this one above is the 50-day MA). Once you activate these lines on your chart you can see the averages and at what time periods your coin tested these prices. This is useful because your crypto might have had resistance or support on this line (such as 1 October in this one). In this case, it’s no coincidence that the 50-day MA just provided support for BTC during the selling.

Not holding the 50-day MA is overall bearish in this case and could mean another drop to one of the other support lines (the MA lines).You can look these up by activating the other indicators, I didn’t include them now so all the lines wouldn’t confuse you.

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2021-11-16 12:20:27 Buy The Dips

3rd largest Bitcoin whale just bought the dip - buying a total of 207 BTC (4.4 million) at a price of $62k

Surce

When blood is flooding the market it is the best time to Buy

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2021-11-16 10:24:28 Don't Panic

I saw a lot of panicky in social media on the daily. I don't blame anyone for these feelings. It is scary if your investment goes down.

If you look at the charts, you'll see crypto is a long game. It will have euphoric ups and it will have miserable dips like this one. Crypto will be worth more in a couple of years. Dips and crashes only make the game longer, but not unwinnable.

Don't invest more than you need to live and accept that crypto does what it wants. Crypto enthusiasts of normal and low wealth like us can only float on the pumping and dumping waves caused by splashing whales while global adoption rates grow, causing the overall crypto market level to slowly rise.

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2021-11-15 22:23:22 BTC/USDT (D1) TF ANALYSIS

Price has been currently consolidating above a good support zone from $63500 to $62120 where we have a trendline support aswell as D1 21 EMA. The overall market structure for mid term is still on the bullish side because we are already above a strong support with EMAs and Key levels.

We can expect a bounce off from the trendline support and the key level which will be a good sign for the price to move upwards to breaking the minor resistance at $65900 before moving upwards to $69000.

If incase price breaks down from the current trendline support and D1 21 EMA we have an another very strong support at the zone from $60200 to $59140 where D1 50 EMA is also acting as a good support which can be a very strong reversal zone for the price.

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2021-11-15 21:11:25 VanEck Bitcoin Futures ETF To Launch Tomorrow

The third bitcoin futures ETF to launch in the U.S. will go live tomorrow.The VanEck Bitcoin Strategy ETF will launch on Cboe as the SEC rejected the asset manager’s spot offering last week.VanEck will attempt to gain market share by offering the lowest fees among its competitors.

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2021-11-15 21:08:02 Ethereum has been in a strong bullish uptrend since September 21

It has consistently created higher highs and higher lows:

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