π΅ Why Weβre NOT in a Bitcoin Bear Market | Why I Just Sold 20% of my LUNA for ETH
Topics and Timestamps:
0:00 Introduction
0:20 Why I sold 20% of my LUNA for ETH
1:44 Importance of taking profits, and how big should one's "Bet Size" be when Investing?
Bitcoin Bear Market or Bull Run Mid-Cycle Correction?
3:42 I more than doubled my original ETH by selling 20% of my LUNA
5:15 Looking at potential risks and diversifying risk. Anchor's UST earn rate is likely going to drop. Ethereum is moving to Proof of Stake. Both are changes that introduce risk.
8:53 LUNA's market cap is only 1/10th as big as Ethereum's. Lots of room to grow!
10:00 Ethereum's migration to Proof of Stake ("The Merge").
11:09 Conclusion on taking profits. Goal is to multiply crypto-- not fiat.
12:10 BITCOIN SECTION. In 1 year we're going to look back and not call this a bear market. It will be a correction in a much larger price move.
12:47 Evidence why the crypto bull run is likely NOT over.
13:23 CBBI.info spots major blow-off tops and not sub-peaks (Colin Talks Crypto Bitcoin Bull Run Index)
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Disclaimer: This video is not financial or investment advice. Do not buy, sell or trade cryptocurrency, or make any financial decisions based on the content of this video. I am merely sharing what I have done and what I would do in various situations as an educational tool only.
#LUNA #LUNAtics #Ethereum #ETH $UST #bitcoin #btc #crypto #cryptocurrency #news #cbbi #blockchain
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