Dear traders and investors,
I've been on long 4-5 week break after not taking any for 3 years. Though it was unfortunate that whilst I was away (in China), Cryptos went through an agonising correction to which I was unable to react. With that being said, I'm confident in the long term fundamentals of blockchain technology and will take the volatility into consideration.
Now - ARKBTC.
Love buying DPoS/Staking coins for a low price, for compounded gains from staking + capital appreciation over time.
ARKBTC is one of those consistent cyclical patterns that are easy to spot and have great risk/return ratios.
Judging from the current macro sentiment in alts, though most are more bullish, it's very likely that we may be in an alt bull trap in the sense that BTC volatility (up or down) may return and cause another dip.
Scenarios:
BULL - If the price action breaks and hold 200EMA with conviction, than I'm still okay because of my long term staking position in ARK.
BEAR - If it falls back down to my ideal entry point, then I will load up heavy bags.
NEUTRAL - 15% compounding weekly returns via DPoS
Invest what you can afford to lose, don't over leverage and don't borrow to trade.
I've been on long 4-5 week break after not taking any for 3 years. Though it was unfortunate that whilst I was away (in China), Cryptos went through an agonising correction to which I was unable to react. With that being said, I'm confident in the long term fundamentals of blockchain technology and will take the volatility into consideration.
Now - ARKBTC.
Love buying DPoS/Staking coins for a low price, for compounded gains from staking + capital appreciation over time.
ARKBTC is one of those consistent cyclical patterns that are easy to spot and have great risk/return ratios.
Judging from the current macro sentiment in alts, though most are more bullish, it's very likely that we may be in an alt bull trap in the sense that BTC volatility (up or down) may return and cause another dip.
Scenarios:
BULL - If the price action breaks and hold 200EMA with conviction, than I'm still okay because of my long term staking position in ARK.
BEAR - If it falls back down to my ideal entry point, then I will load up heavy bags.
NEUTRAL - 15% compounding weekly returns via DPoS
Invest what you can afford to lose, don't over leverage and don't borrow to trade.
Comment:
ARKUSD shows bullish reversal
ARKUSD shows bullish reversal
Different Scenarios