After a downturn there are rebounds and opportunities How to recover after a fall like yesterday's July 4th. Some currencies and altcoins present us with alternatives to recover some of the lost money. $NOT $PEPE $SOL . You must be careful to buy low and sell high, check the volume and interest in the coins, If possible, a transaction on the same day, avoiding a possible transactional reversal. Normally on Sunday when the Chinese market enters its work it fluctuates, be attentive. #china #rebote #altcoins
Hello, I write my fundamentals and for a bear market like the current one.
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1. Diversify your portfolio in stablecoins and cryptos (BTC and ETH) but reduce investments in altcoins (high volatility and correlation with $BTC ) 2. Review the upper / low of the last 24 hours to generate short and long stop loss / profit. Buy low and sell high. 3. Stick to a strategy, record it in a journal and review. Correct if necessary 4. Generate positions that can cover you, long and short futures, but be careful with 5% to a maximum of 10% of your portfolio. Use stop/loss. 5. Check the sales volume (supply and demand) by currency, it is a market indicator. Speculation and nervousness. 6. Review the technical indicators (Rsi, MAR, Bollinger).
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At this time, speculation about the sale of whales such as Mtgox and the German Government generates panic and people rush to sell; The market goes down and the positions are liquidated, generating more bear market.
Conclusion: We will be in a bear market until the picture of previous whale sales and liquidations during July becomes clear, it is time to act with caution for conservatives and high risk for speculators.