Who wins a race? Not a fair race though, rather an anything-goes if you ain’t cheating you ain’t trying hard enough kind of race. Probably the guy who leaps first, all else being equal, right? So you get advanced warning on who the BIG winners are going to be because they take off early and they are relentless in fighting for the win.
To that end the popular ‘don’t call me a shitcoin’ LUNA has thrown down a gauntlet to the other altcoins by taking a strong early lead. What you see above is a chart of all the major shitcoins overlapping on a percentage basis.
Very compelling picture as the sector as a whole is pointing upward. But what’s even more significant is that it did it when Bitcoin was going DOWN.
It’s easy to make money when the market is booming, a rising tide lifts all boats after all. But when it’s pulling back you give a gainer extra points for effort. In a very real sense altcoins are on a race to all time highs.
Coins (and stocks) that get all time highs on the other hand behave differently. They become everyone’s favorite, because we love investments that go up, make us look good and feel smart.
So nobody sells them. And fewer sellers means they go up faster. Which in turn attracts more buyers.
And they go further because there are always a bunch of suckers on the sidelines saying “I wish I’d bought that, I’ll wait for a pullback”… which of course never comes. Mr. Godot says hi.
If you wonder how Dogecoin went vertical – it was exactly like this (Elon tweeting was an effect and a force multiplier, not a cause).
If nothing else to me it’s very clear that bitcoin has changed character. From choppy and hard to trade, to now smooth and (somewhat) predictable.
The BTC pullback is appears to be over and after two painful months buyers are cautiously reasserting themselves.
This pullback may have been deeper than anyone anticipated but it was to be expected and in the end resulted in healthy profit taking.
Now that the correction is done and dusted crypto is going to bust a nut in the next few days. If you are still on the fence about buying, RIGHT NOW is the time.
And if you want to truly maximize profits THIS SYSTEM is what I personally use.
It actually works better than all my big brain mental masturbation, and there’s still a few places left.
You can get it here. No discounts, no gimmicks. Simply this: Get in while the getting is still good.
Enjoy your weekend! (I will for sure)
Cheers!