Hello to my friends who love life and keep smiling despite all negativity. In this article I will tell you about the "collapse in the markets" for two days. Until Sunday, everything is fine, investors are coming in at $ 60,000, then thinking to take profits at $ 63,000, while Bitcoin fell $ 10100 in two days, dragging the whole market after. Most altcoins have dropped 20 - 40%. So what has changed?
Let's first look at the news and comments before the collapse;
The yield on government bonds in the US has increased. The yield rate for ten-year treasury bonds increased from 1.338% to 1.367%.
Treasury Secretary Janet Yellen sounds warned about "extremely inefficient" Bitcoin
Elon Musk said that Bitcoin and Ethereum prices are high.
Bitcoin whales transferred more than 60,000 Bitcoins to various exchanges on Sunday. Investors who saw the sales orders of the exchanges increased the selling pressure in the market. Market makers mentioned in my previous article.
Long positions in stock markets started to increase.
There have been statements from investment firms that they want to buy Bitcoin, but the price is high !!!
A suitable environment has emerged for the correction that market makers, who saw all this, wanted to make. A wave of panicking small investors came.
So what will happen…?
My friends; Whatever the reason, the dips in the market are in preparation for the next peaks. As I mentioned in previous articles, we are trying to get a share in the market makers' field.
In the long run, it always saves Bitcoin and Ethereum investors.
Bitcoin pulled back 32% from $ 42000 to $ 28750. $ 58000 afterwards ... Why are you panicking ?. Bitcoin and Ethereum is not a short-term investment. It is a long-term value.
You have to do;
Sell ??altcoins you buy at an affordable price without being greedy. Take it again in falls.
You can turn the drops in Bitcoin and Ethereum into an opportunity by keeping some cash in the altcoins you profit from.
We small investors have to be wise and patient. Do not trade daily. Don't stress out with daily news.
I remind you over and over again;
"We are investors trying to get a share in the game of market makers"
This week I think I will go down with decreases. In March, you will see the bull's anger when incentives in America are credited to people's accounts. Prior to this, investment firms started buying until we realized what happened. You will forget these days.
What I write in this article is your own thoughts. It is not investment advice.
As I always said, listen to everyone, decide for yourself ...
I'm looking forward to your comments. Thanks to your comments, we can shape my next articles together. Let's stay in touch… Take care of yourself so that you and the people around you are happy…
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