Good evening to all my friends. I hope you all are doing well. I am having a fantastic day. Today i met my classmates in nearby village where islamic confrence was going on. As i said yesterday that it's two day confrence, so today is last day and i enjoyed a lot with my friends. We don't meet too often because everyone is busy in their lifes. Btw let's talk about crypto market. Bitcoin is stable at 60k to 64k which is fantastic for altcoins. Many altcoins did 2x to 5x within few days after Bitcoin hit 64k. As i said in my previous posts that Bitcoin's money gonna move to altcoins soon but i think it's already started. Institutions are busy buying bitcoin and one of the big institution BlackRock now holds more than $10B worth of Bitcoin 🤑.
Many good charts i am seeing and one of charts which i am sharing here is NAKA. I bought the breakout and niw i am sitting at 10% profit. Buying breakout is best strategy for traders because in this situation, loss opportunity is very less that's why i always wait for breakout with good volume. Sometimes breakfast becomes fakeout and in that situation we loss a little bit that's why using stop loss is good for short term trades. Btw my plan is to just sit and watch my portfolio. Whenever i think a particular coin gave me good profit, i take out my money and buy other good altcoins. Guys this one year is very important for crypto traders, don't use this time on shitty things because it will come after 3 years. That's it for today. Thanks & have a good day!!
All the pictures are taken from telegram.
@abfarhan