Seems to be the season of Layer 2 project coins (except Matic slacking a little bit behind) well despite BTC hot mess! Avax, Near, Monnriver, FTM, Stake, Matic etc Celer Network don't want to be left behind either. For days, Celr has kept working to get back above its ATH of 28th March 2021 and kill off the one zero for good.
Be watching this one...I think it is going to be a wild card. I kinda noticed it is fond of deep correction but i think a short pullback is likely to happen from 0.077-0.75 before continuation .It still has some room left to go high. Volume has bee very impressive
Of course it exploded...every shitcoin im not buying is going balistic... FK IT!
Syl-Crypt
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@ady777, Celr a shitty coin?? Godzilla BTC is more of a shitty coin.
And quit looking for the next mooning coin and instead start looking at their values/fundamental and then wait for your moment. There are currently hundreds of coin sitting there as a treasure waiting for you to get on them..have shared some here. There is never a miss in crypto investment. If you miss this one,there is always a next one. Or rather wait for the PB and get in.
@Syl-Crypt I wonder why you are responding to that angry dude... but I love your enthusiasm and wise words ;) be patient and invest in good projects, there are alot out there ...
ady777
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@Berkley101, I didn't expect an answer from anyone...i m probably the only guy who has moments of frustration in crypto...she reminded me some important things in crypto and i thanked her.
Berkley101
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@ady777, we all have frustration moments, dont worry^^ , maybe you should invest, not trade, i will do so for the next 9 months...
Syl-Crypt
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@ady777, See man,we are all in this together. Trust when i say that i have had my own share of the frustration...you need to see my last btc update to know ..LOL! Just ranting all over the place.
Let me briefly share how i weather this market madness and see if it can help.. create like 2 portfolios..name them whatever you like. Keep one for long term asset and the second for trades. And i would suggest you stay off any form of leverage trading if you do that and focus rather on swing trades. I know future and margin trades can be tempting because of the huge profits but with them comes this level of greed that finally leads to frustration once you incur huge losses as a result.
Buy during PBs and sell when market recovers, take profits in parts. For instance if you got an asset for $100 and you make 50% or 100% profit, take off some % of those profit and leave the rest to run . You can rebuy back on PBs or fill more of your long term asset with that profit. If the market is like in shape that it is lately and you still have money to invest, DCA the trades especially for trades with losses, once market moves, repeat again! If you can't be patient for PBs and rebuy back ,stick to investment only. .
The only reason while people loose so much in crypto is greed and impatient which always lead them to chasing trades or jumping into all manner of shitty coins out there.
Also, money management is very important. Trade with the amount you can afford to leave on a trade for a long time until market recovers (Nope! not the " amount you can loose" cliche because nobody likes loosing money...)