How to prepare for the end of the bull run, Part 1: Timing
Bobby Lee “blames” his brother Charlie the founder of Litecoin for causing the 2017/2018 Bitcoin price crash.He’s joking of course. Sort of.Charlie famously sold the last tranche of his Litecoin holdings in December 2017 for $350 each.Bobby remembers seeing the news hit Twitter. “I was like, gosh, that probably marks the peak,” he says.“I said to him jokingly, like you just caused the end of the bull market.”Of course, Charlie wasn’t the real reason the bull market ended, but it was a stunning piece of market timing, given he sold the last of three tranches of LTC at almost the exact top.....
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To read Part 1 of How to prepare for the end of the bull run,click here. So, youve made a million bucks this cycle and youre trying to work out how to transform those life-changing gains into money in the real world before the inevitable crash. But at the same time, you dont want to sell now and miss out on potential upside. So, what should you do?For Quantum Economics founder Mati Greenspan, the answer is simple: Be optimistic. Hes not an advocate of trying to time the market.As somebody who has been trading my entire life I mean, way before cryptocurrencies youll find that it always pays....
President Vladimir Putin has tasked several ministries and the central bank to prepare to verify information provided by government employees about their digital asset holdings. The order comes as part of a new plan to combat corruption which was recently approved by the Russian leader. Authorities to Inspect Crypto Disclosures Filed by Russian Officials as Putin Approves Anti-Corruption Plan Russian President Vladimir Putin has signed a decree approving the country’s National Anti-Corruption Plan 2021-2024. As part of the new strategy, the Russian head of state has instructed the....
Bitcoin bulls should prepare for its price to drop into the $35,000-40,000 area, per an apprehensively accurate fractal.
Bitcoin price is consolidating above $35,000, trying to build enough support to make an attempt at returning to local highs. Once there, if or not the bull run is still on will become a lot clearer. But before that happens, there could be one more deep sweep of lows, according to a highly accurate market […]
Cardano (ADA) has had an eventful year in terms of price action and ecosystem development. Network activity is surging, partnerships are rolling out, and the ADA price has pumped relatively well. The timing for all of this couldn’t be better, as money has been flowing back into the broader crypto market, and a rally looks […]