Hello wonderful person!
So, the expected launch was not impressive and looked more like a hobby sized rocket launch than a NASA or Space-X version to the moon.
BTC dropped and moved very cautious with any strong momentum. Could it be because stock market is strong, and yield is back up? Maybe...
Personally, I need BTC to break the previous trend line in order to have full faith again (for a large bull in shorter term window, but I still have 100% faith in BTC fundamentals).
The ALT coins have seen massive gains, and strong sentiment that ALT season is still upon us (for those who wish to venture into those risky adventures).
Hedging BTC with large cap ALT coins within DeFi (UNI,Terra, Cake, etc), NFT (Theta, Chiliz, Flow, Enjin, Mana, etc) and Platform (BNB, Ada, Atom, DOT etc), would have given nice gains on both Euro and BTC front; and still believe that ALT have more room to grow
Just mentioning some to give an example, not a financial advice.
By hedging with for example 60% BTC and 40% strong ALT, you would not be that vulnerable WHEN BTC start to gain momentum again; whilst still have some nice gains from ALT coin season.
Stay safe out there and have a great time with trading, and remember to trade only what you can afford to lose and do not forget to book some profit!
So, the expected launch was not impressive and looked more like a hobby sized rocket launch than a NASA or Space-X version to the moon.
BTC dropped and moved very cautious with any strong momentum. Could it be because stock market is strong, and yield is back up? Maybe...
Personally, I need BTC to break the previous trend line in order to have full faith again (for a large bull in shorter term window, but I still have 100% faith in BTC fundamentals).
The ALT coins have seen massive gains, and strong sentiment that ALT season is still upon us (for those who wish to venture into those risky adventures).
Hedging BTC with large cap ALT coins within DeFi (UNI,Terra, Cake, etc), NFT (Theta, Chiliz, Flow, Enjin, Mana, etc) and Platform (BNB, Ada, Atom, DOT etc), would have given nice gains on both Euro and BTC front; and still believe that ALT have more room to grow
Just mentioning some to give an example, not a financial advice.
By hedging with for example 60% BTC and 40% strong ALT, you would not be that vulnerable WHEN BTC start to gain momentum again; whilst still have some nice gains from ALT coin season.
Stay safe out there and have a great time with trading, and remember to trade only what you can afford to lose and do not forget to book some profit!