Hi guys, since yesterday BTC happened and hit 11K milestone, which is huge and probably unexpected by many after the incredible news that NASDAQ is going to add Bitcoin for trading in Q1.
Unfortunately all Alts took a dive quickly after that, including ADABTC.
BTC had a wild ride in the past 24 hours. extreme oscillations between 11000 USD and 8000 USD - that is huge.
Understandble there is a lot of indecision in the market right now.
ADA, along with other altcoins are at a crossroads.
the big rally ADABTC had in the past days, the major roadmap update in the next hours, people not knowing if to sell or to buy - all very important and real factors for the indecision.
Now, guys, my advice to you.
We saw today a new ADABTC mini-rally, after a huge 20% drop from BTC. This is positive. That is also a good opportunity to take profits.
Nothing wrong in protecting your investment, or to take profits at this time.
it's very hard to predict the next hours considering all the factors I mentioned.
I put the points on the chart where you can take 30% chunks of your investment out. In case it goes down after the roadmap update, you can still wait to buy on lower levels to increase your ADA position.
If it goes up then you still have 40% to keep you going.
I hope it helps, if questions let me know!
Unfortunately all Alts took a dive quickly after that, including ADABTC.
BTC had a wild ride in the past 24 hours. extreme oscillations between 11000 USD and 8000 USD - that is huge.
Understandble there is a lot of indecision in the market right now.
ADA, along with other altcoins are at a crossroads.
the big rally ADABTC had in the past days, the major roadmap update in the next hours, people not knowing if to sell or to buy - all very important and real factors for the indecision.
Now, guys, my advice to you.
We saw today a new ADABTC mini-rally, after a huge 20% drop from BTC. This is positive. That is also a good opportunity to take profits.
Nothing wrong in protecting your investment, or to take profits at this time.
it's very hard to predict the next hours considering all the factors I mentioned.
I put the points on the chart where you can take 30% chunks of your investment out. In case it goes down after the roadmap update, you can still wait to buy on lower levels to increase your ADA position.
If it goes up then you still have 40% to keep you going.
I hope it helps, if questions let me know!