Oasis Network vs Bitcoin (ROSEBTC) peaked in December 2023, more than eight months ago. Crypto tends to move every 8-10 months.
In this article we will look at same the example as in RLCBTC (1 BTC = 1 BTC) but in reverse... Follow me for a few minutes and let's see if we agree.
This pair is about to produce a bullish wave and this is normal. We have a classic correction, a strong lower low and early reversal signals.
Marketwide action tells us that a bullish wave will soon follow. If it doesn't... Patience is key; the market moves in waves.
➖ Trading Altcoins! Example
1 BTC = 1 BTC
This is great if you are not one of us. The name of the game is Bitcoin. If you are one of us, you don't want 1 Bitcoin that grows in value but you want many BTC and each time more, as much as possible within reason.
Say Bitcoin moves from $60,000 to $90,000. That's great but nothing changes, because 1 BTC = 1 BTC.
Say ROSEBTC grows 200%, which is the equivalent to 3X. This is exceedingly easy for the Altcoins.
Now, 1 BTC turns into 3 BTC.
Bitcoin moves up or down, it doesn't matter how you slice it... 3 BTC is better than 1 BTC.
Makes sense? Hold Bitcoin long-term until new all-time highs and then sell. Win-win-win.
This is not financial advice. Remember to do your own research.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.