Today I want to speak out about regulation, the abrupt exit of cool projects and the rise of meme-coins.
More and more often we hear that the arrival of the regulator is not to be missed. And about the fact that most projects "especially the pacifier projects" won't survive regulation and will disappear without a trace. Fear of being left with a digital "nothing" will induce investors/holders to make mass panic sales. But not us. At this time, we should be ready to buy and build a portfolio from fundamental projects.
I know many are expecting a rise rather than a fall in the market. I, too, am waiting for a final rise in altcoins, before a subsequent market decline. Right now I'm all in on cryptocurrency and not at all the most fundamental. In case of final rise of altcoins, I set myself a goal: "to get back all I've invested (by selling some coins) and stay with only free coins". That way I won't be afraid of any regulator, fall or rise in the market. The time of entry or exit from the market plays a huge role, not the buy or sell price.
And now let's move on to the signs, they will help you understand what is happening in the market.
The exit of big projects, exorbitant commissions and big sales of Ethereum by Vitalik, doesn't it remind you anything?
🔔The sale by the ETH Foundation or Vitalik - two times pointed to local market hais:
Nov. 11, 2021 sale of 20,000 ETH price was $4,722
https://etherscan.io/tx/0xf22e8254c32866d28f5b69f009d59ca2b45891f05e2a073b94679bd107c828a1
May 17, 2021 sale of 35,053 ETH the price was $3,280
https://etherscan.io/tx/0x3a7f91d3f35cb2f02125f2f83685f2fcaa0cd78513650fca49dedd7dc3faa1cf
May 06, 2023 sale of 15,000 ETH on Kraken
https://etherscan.io/tx/0x22dbf6ddbaf25a394c70cbd937c21b82f57352ea2cf1c849c727a160dc5fa76f
🔔There are sky-high commissions on Bitcoin and on Ethereum, both at the peak of the market.
Yes, you will say that in Bitcoin they are caused by the new standard token BRC-20. But, then the question is, "Why would anyone create a digital void (memcoin) that no one wants?" Why would anyone spend millions of dollars and disperse that void? Who benefits from it? The user who sends 100 bucks and spends 70 dollars in commissions? Or the miners who get that commission?
There's not much left before bitcoin halving. And in order to make one more bull run, we need to collect the most part of issuing in one hands (the only way to manipulate the price and push it to where it needs to go). Before the halving, about 280k new Bitcoins will get into the emission, but also do not forget the cut-off bitcoins, which were distributed in the range of 30-60 thousand dollars. To redeem 280k new Bitcoins at 30 or 40 thousand dollars, you need a huge amount of money, and it is not profitable. And to buy back near the cost of $23,000-18500 and come out with an average price to halving in the $20,000 range is more plausible.
Miners tat one way or another will sell Bitcoins, they need to pay their bills.
🔔 It's also worth paying attention to the abrupt exit of cool projects such as:Arbitrum, Sui, Cyberconnect token sale on Coinlist. Memcoin (empty) listings like PEPE on major exchanges (Binance), which take off like Ilon Musk's rockets. This is all done in order to get as much hype as possible, and give away coins (pacifiers) like PEPE - worthless .
🔔 Many people expect institutional investors to come to the crypto market. But they forget about the Bankruptcies and the fact that they hit investors' pockets hard.
I could go on and on with this list, but I think you know what I'm getting at...
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