Más de 7 años en Cripto | Ayudo a profesionales y empresarios a realizar Inversiones exitosas en el mercado de las criptomonedas | Youtube @erikaespinal
If you've made it this far, it's because you're interested in learning how to invest in cryptocurrencies. You may be wondering if it's a good time to start, how to avoid losing money, or where to begin without it becoming a nightmare of technicalities. Don't worry, we've all been there. In this guide, I explain step by step how to invest in cryptocurrencies safely and intelligently. What Type of Investor Are You?
Before investing a single dollar, you need to define your investor profile. This will allow you to choose the strategies and cryptocurrencies that best fit your goals and personal situation.
Is this the end of the cryptocurrency bull market?
If you've been in the cryptocurrency world for a while, you know that volatility is not an occasional guest... it's part of the DNA of this market. And yet, every time the price of Bitcoin or any other cryptocurrency drops sharply, many feel that this time will be different. That it's the end. That there's no turning back.
Believe me, I've been there too. I experienced it firsthand in 2017, after buying bitcoin (BTC), it was around $1,000. Shortly thereafter, it fell, and many thought it was the end, but it wasn't, and it isn't now either.
Bitcoin Is Falling: Panic or The Opportunity of the Cycle?
The crypto market is in red. Bitcoin has fallen below $86,000 and uncertainty is the dominant sentiment. However, those who understand the game of cycles are seeing this drop as a unique opportunity to multiply their capital. In Mundo Crypto, we always say: what you are seeing now is part of the pattern, it's not a coincidence. And if you understand how these cycles work, you will start to look at the market with different eyes. What Is Happening in the Market? On March 6, Donald Trump signed a historic executive order: the United States will create a strategic reserve of Bitcoin. This positions the country as a relevant player in the crypto market. But instead of driving the price up, the news caused a drop.
Unraveling the Bad Decisions of Emotional Investors: Strategies to Avoid Them
At one time or another, even the most experienced investors have made poor investment decisions. Whether you heard about a hot stock or cryptocurrency and “bought the high” before a big drop… or held on to a big profit for too long and watched your gains fade… fear probably played a role. your decision. You see, the emotional roller coaster takes many investors out of the market. They buy at the highest prices, at the top and sell at the bottom...
#Bitcoin is up more than 70% this year. And it is approaching its all-time high of $68,789.
I wouldn't be surprised if most people think they've missed the boat on bitcoin again...
However, I still think you still have time for bitcoin. Personally I think Bitcoin will reach $120,000 this year and eventually $500,000. It's still a solid option to double your money in the short term and an 8x return on your investment in the long term.
What is the optimal time to sell a #criptomoneda from your portfolio and secure your profits?
There are several factors to consider:
✅First, it is important to define your financial objectives: are you looking for short-term profits or are you willing to maintain your assets for the long term?
✅ Closely monitor market conditions and the health of the cryptocurrency in question.
✅Observing technical indicators, market sentiment, and relevant news can provide you with valuable clues as to when the time might be right to sell.
A simple strategy is to partially sell when the cryptocurrency experiences significant growth, locking in profits while maintaining a portion of your assets for the long term.
However, the final decision should be in line with your risk tolerance and personal goals.
💡Remember that in the cryptocurrency market, volatility is a constant, and impulsive decisions can often lead to losses.
In short, the right time to sell will depend on your personal strategy and your vision of the market.🚀💰 #CryptoInvestment#BullMarket”
Why You Need Diamond Hands for the 2024 Crypto Bull Market
When you're under the most extreme pressure—from the media, family, friends, the value of your wallet—that's when you forge diamond hands. If you've been in the market since 2017, then you've experienced not one but two Crypto Winters. You have diamond hands, even if you've only weathered the past Crypto Winter. Not only were 2018, 2019, and early 2020 tough times... They were downright unpleasant. However, that was exactly when the projects prepared for the 2021 bull cycle were established, developed and secured for the mania to develop again.
The Altcoin Bull Cycle: The Opportunity You Shouldn't Ignore
The biggest mistake you can make today is thinking that you've already missed the current cryptocurrency rally. Since the beginning of the year, bitcoin and Ethereum (the two largest cryptocurrencies by market cap) are up 148% and 84%, respectively. If you didn't buy bitcoin or Ethereum earlier this year on the cheap, don't panic. There is another big opportunity ahead in a small subset of crypto assets that are still trading at fire sale prices. But they won't be for long. In fact, they're about to go higher... much, much higher.
Today bitcoin falling, touching one of our entry zones.
According to an article published on #Cointelegraph "Bitcoin Idle Supply Hits All-Time Highs," on-chain data suggests that Bitcoin holders are increasingly accumulating, with exchange holdings at annual lows and the percentage of idle supply at highs. historical.
According to Glassnode's latest active Bitcoin supply chart, the amount of idle BTC that hasn't moved from an address for more than one, three, and five years has been at all-time highs since July 2023.
#CryptoQuant charts also reflect Bitcoin withdrawals from exchanges; a figure that has steadily decreased since July 2021, with just over 2 million BTC remaining on exchanges. #btc
Today#bitcoinfalling, touching one of our entry zones.
In my opinion, I think we are in a good area to accumulate#bitcoinin the long term, especially with adoption which continues to increase, holders accumulating, the limited amount of bitcoin that will exist and the current economic situation.