Market Analysis & Prediction - The report anticipates a significant market correction in September, triggered by the FED's rate cut, unlike the insignificant cut in September 2024 [2] - The analysis points to Bitcoin's bearish chart patterns, including a CME gap around 93 thousand, liquidity concentration in the 90-95 thousand region, and the need to retest the EMA50 weekly, suggesting a correction towards the 93-95 thousand range [3] - The report highlights bearish divergences on daily and weekly Bitcoin charts, reinforcing the expectation of a correction [3] - The author expects ETH to run to 7-8 thousand and Bitcoin to push toward 145-150 thousand after the September correction [5] Retail Investor Behavior - On-chain metrics indicate retail investors typically buy high and sell low, exemplified by their late entry between 110-120 thousand after the June dip from 110 thousand to 98 thousand was largely bought by big players [4] - The market needs to flush out retail investors who entered heavily at high levels, driving prices down to their liquidation zone of 90-95 thousand before the next upward movement [4] - The current market sentiment is described as a "fake bullish sentiment" fueled by euphoria, endless expectations, and blind trust in authority, which is considered a bull trap [4] Trading Strategy - The author has been taking daily profits of 10% from ETH and BTC holdings since August 18th, rolling it into building a short position within a defined "short area" [5] - The author's strategy involves accumulating shorts and distributing spot holdings within the mentioned short area, focusing solely on BTC and excluding ETH or other altcoins [5] - The author's current portfolio allocation is 60% Cash + Shorts and 40% Spot bags, with a daily shift of 10% from Spot into Shorts, using x5 leverage [5]

Investment Strategies - Crypto investment requires a clear strategy, including coin selection, investment amount, holding period, and risk tolerance [6] - Time in the market is more effective than timing the market, emphasizing steady, consistent gains over chasing quick wins [6][7] - Diversification across different cryptos and sectors is crucial to balance risk and avoid significant portfolio damage from a single crypto's underperformance, with Bitcoin recommended as a portfolio component [9][10] Altcoin Research and Analysis - CoinMarketCap and CoinGecko are popular platforms for researching altcoins, providing market capitalization data and other relevant information [14] - Market capitalization (market cap), calculated by multiplying the price by the number of coins or tokens in circulation, indicates the size of a crypto project [16] - Cryptos with lower market caps are more volatile and easier to move in price, offering higher potential returns but also greater risks [21] - Accessibility on reputable centralized exchanges, especially those in the United States, is important for price appreciation [23] - Focus on 24-hour trading volume to gauge demand, but verify the volume's source to avoid fake trading volume from sketchy exchanges [28][29] - Check total and circulating supplies to assess the risk of new tokens flooding the market and driving prices down [29][30] - Social media activity, including follower count and engagement, and the number of crypto holders via block explorers are indicators of project health [31][32] Buying and Storing Crypto - To buy crypto, users need to create an account on a relevant exchange, complete KYC (Know Your Customer) verification, and deposit fiat currency [42][43][44] - After buying crypto on an exchange, it should be moved to a personal wallet for security, as leaving it on the exchange means it isn't fully controlled by the user [47] - Crypto can be stored in either hot wallets (software wallets connected to the internet) or cold storage (hardware devices for offline storage), with cold storage being the safer option [49][50] - When transferring crypto to a wallet, double-check the wallet address and sending/receiving networks to avoid losing funds, and consider doing a small test transaction first [55][56]

What meme coins and altcoins should I look at during the stream this week? ...

$BTC on track for $140K.$ETH eyeing more all-time highs.Altcoins will go parabolic.SAVE THIS POST. ...

Buy the dip season on #Altcoins & #Bitcoin.Shall I make a longread today on the strategy for the #Altcoin portfolio? ...

Most #altcoins will disappear in 5 years. Will yours survive? ⏳ ...

ALTCOINS ARE THE MOST OVERSOLD IN HISTORY.Others/ETH tells the real story.We’re now in the transition phase between $ETH season and Altseason.This is the phase where you DON’T lose focus! https://t.co/oPMRKD58wR ...

Which #altcoins do you strongly believe in? 💪 ...

The #Bitcoin dominance is going down.It dropped 8% and $ETH is back to an ATH.I assume we'll see #Altcoins pacing up with Ethereum in the coming period as confidence gets back to the markets. https://t.co/RkZAJQzozW ...

The markets are doing great and I think that #Altcoins are about to go wild.$SUI's ecosystem is one of the hottest in the markets.Big news: They recently got listed on Robinhood and their ecosystem $WAL & $DEEP is doing great with Trusts at Grayscale.Expecting this to break ATH soon. ...