🚀🚀🚀 #Litecoin is gearing up for its next halving event and it’s a great time to consider holding #LTC. Here’s why: [1/6]
In 2019, the previous halving year, #Litecoin outperformed many other assets, including #BTC and #ETH, with a YTD increase of +93% and a peak of +368%. [2/6]
Halving events have historically had a positive impact on the price of cryptocurrencies. With the reduction in block rewards, the supply of new coins decreases while demand remains constant, potentially leading to an increase in price. [3/6]
With the next #Litecoin halving projected to occur on Wed, Aug 02, 2023 at 09:55:57 PM GMT, now is a great time to consider holding #LTC as part of an investment portfolio. [4/6]
As with any investment, there are risks involved and past performance is not indicative of future results. It’s important to do research and invest responsibly. [5/6]
In summary, with its strong past performance and the upcoming halving event, #Litecoin is definitely an asset to watch in the coming months. 🚀🌕 #LTC#HODL [6/6]
If you like this thread please retweet the first tweet and follow me for more!
(this tweet is a great opportunity to remind your readers to help spread the reach of your thread)
Since the natural of trading is fast execution when price is right, I cannot always post it on Twitter or Telegram, but if you follow my profile on Binance Leader, I believe it will pop-up when I make a new trade.
Here it is if you don't know. Currently only do Coin-M trades.
1⃣ A High Conviction View.
$DXY (USD Index) was trading around 105, a hard support, which if it holds, I have high conviction it will bounce to 110 in a short time, aka, bullish continuation bias.
With that view, I chose to short #EURUSD and Long #USDJPY
2⃣ Money Management (MM) is 🔑
I deposited $2048 on 08.08.2022, with that fund, I can trade up to 100 lot #EURUSD. But my trade size is only 0.1 to 0.5 lot.
First trade was a loss, neverminded, I tried again the next day and started making some small wins.