Survival in Crypto Q3: Buying, Holding and Thriving without Getting Liquidated

it's all so tiresome and boring in crypto last few months and It is now testing everyone's patience like this year will be gone soon and yet this bull run is liquidating millions and people are sitting in losses.

I wonder where all the profits is going but again it's just the exchange of market maker becoming rich behind this screen.

Retail investors are suffering from those margin calls and liquidations emails every once in a while but influencers are chilling because they can make it all back in one trade by making their followers (retailers) exit liquidity.

So every single time like always it comes down to poor retail investors like you and me ending with the loss or round tripping the profits yet we can't leave or move on from this market because this is the casino we're locked in forever.

---

My Plan is to Survive Q3 in Crypto

It seems like this quarter won't be any better than last one for crypto. People will have high hopes after every 10% up move and they'll increase the leverage but than market will liquidate them again and again.

_{image by Wuestensohn2000 from Pixabay}

I'm sure this quarter is for to buy altcoins and bitcoin or ETH and SOL but only on spot. It won't be good to play with leverage and I'd stay away from future to avoid liquidations.

Bitcoin historic performance in august

If we look at past years performance of bitcoin in the month of August it's not that good like last year it was down by -11% and this time It might repeat 2020 august month.

I believe by the end of month bitcoin will be 2% up or around it (it won't be negative/red imo)

The plan is simple: avoid futures, buy and hold Spot bags plus survive q3 in crypto doing nothing else and than rip fruits in last quarter of this year.

The return of the bulls in Q4 is inevitable

Most of people are expecting rate cuts in September as fed said they might do it and when rate cuts will happen people will either expect it to be bullish or they'll expect a market crash.

Once rate cut is priced in than market will be volatile not sideways anymore and after been down only all these months I do believe we'll go up only which is going to happen in October to end of the year.

---

Memes aren't going to die

The fact that memecoins cycle isn't even anywhere close to what we did witnessed back in 2021 is insane.

Now once trump is elected and become president of US after election which is like 99% of chance he'll become president.

And the rate cuts effect plus other positive environment for crypto will push these memecoins even higher.

Especially for the political memes the game is going to be more crazy.

Besides political memes, I'm all in Pepe because it's only memecoin that comes closer to WIF and now with Eth ETFs approved, we yet have to see how high Eth biggest memecoin will go.

---

Wrapping Up...

In the end it is also good time to farm some airdrops as we're moving to the end of the year and these are the time when Vc's fund projects.

So, there might be a chance to get a good airdrop soon. Rest, the plan is simple. We simply won't quit till market gives up and finally goes upwards like we all want. I wonder what's your thoughts and how are planning to survive this remaining year in crypto, feel free to share it in the comments.

fin.

Your support is much appreciated. Don't Forget to hit Upvote, Comment and Re-blog.

_{Thanks for reading.Greetings.}

All the content and images are mine except indicated. No copyright infringement intended. 01/08/2024.

Posted Using InLeo Alpha