#beginnertrader this watchlist helps me build my mental | Quinn Angelia Pullens on Binance Square

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Quinn Angelia Pullens

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#beginnertrader this watchlist helps me build my mental resilience 😂😂🤣$VIDT $GLMR $PROS 

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Tarrifs gave excuse to attribute inflation to tarrifs. AI gave an excuse to attribute unemployment to AI. But in fact both inflation and unemployment would be unfavorable even without these factors. There is nothing FED can fix in this situation, that is why we see market reacts neutral-to-negative to seemingly positive news from FED for the last 6 months. Economy is in at best uncertain and at worst in bad shape, and it is time for Admin to fix, but they seem to not have any idea how to do that. Their best bet for now is to unleash monetary policy after May and risk hyper-inflation. Of course market will explode, but we won’t be happy net total about that. Unless “white swan” happens, which is not improbable. $BTC $ETH $SOL

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So, there is nothing in FED Chair’s speech which suggests US economy is in good shape. He literally said that both unemployment and inflation risks are to the upside, and with funding rate they can tame either one or another but not both simultaneously. So as I said earlier US economy is in very confused state, and FED policies only can affect it to certain extend. Real economy healing should come from the government policy. And it is not happening for now. Handing out cash to household and businesses is not a sustainable solution to complex economical problems. We will see with what other measures current administration will come up next year. Assumption that liquidity injections pumps market prices is not always holding. It does so only in relatively healthy condition. In uncertain environment investors can decide to just hold on to cash and safe investments. In the meantime Bank of England came up with the report suggesting global economy is in pre-crisis state. Any of this means economy is going to collapse next month or in a year, it rather suggests that situation is uncertain and to produce a big move markets require more information. $ETH $BTC $SOL

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We all know that price is driven by supply and demand, we’ve been tought about demand/supply balance starting from high school. Although it is true in mechanical sense, reality is much more complicated than this. Actual financial markets mechanic is different. Price is almost entirelly controlled by sellers, to be precise by whole sellers. When sellers withdraw orders, price pumps, when they post bids price pumps. As simple as that. Demand is not a problem in mordern markets. Since markets are extremely accessible to retail traders demand can be created, it actually is created by media, influencers, exchanges, etc. - all the parties which we know are in conflict of interest. Just remeber. Market makers need inventory to actually make the market, and they never buy inventory, they are just “given” it for free or at large discount. Professional/institutional traders/investorss never buy at market price, they almost always buy at discount, often with the help of market makers. Investment banks and hedge funds and all kind of funds trade with OPM - other people money, unlike retail traders, they have sugnifficant financial cushion to smoth their operations. Not to mention all institution listed above employ highly skilled individuals and precise algorithm agains which retail traders don’t stand a chance. Just remeber, we, retail traders, are demand side, when we follow their marketing we are demand created by them and for them to sell into it. We stand a chance only on higher time frames with long-term investment strategies in large-cap (or at least mid-cap) coins which are harder to manipulate and are unlikely to dump. $BTC $ETH $SOL

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After two most recent FED rate cuts in Aug and Oct markets of course experienced volatility but didn’t leave their established ranges. Don’t expect huge explosion today. As a reminder, don’t trade with leverage in FED day. Volatility will liquidate both shorts and long and very few lucky traders will actually make profit. December and January are take profit and rebelancing months. There will likely be a pump before holidays and next one mid January. But neither of them will create new ATHs. So be like smart money. Take some profit in December, rebalance in January and keep accumulating next year. Next bull market upward legs are likely to be created in and/or after May, depending on macro-economy and geo-politics. So there is plenty of time to build a portfolio without FOMO Stay away from small-cap coins, their future is uncertain. We may not see alt-seasons in their traditional crypto sense any more. $ETH $BTC $SOL

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In late July last year it also seemed that it is about Japan. But it never is. It is always about US. Japan is just first to open market because of timezone 😂. You say but it is carry trade. But who do you think are those investors carrying it, and which government allows to leverage it so much? It is always US which exploit high risk opportunities to the max and hope to fix things later by creating new money. We may be entering few month long accumulation period. I’m not so confident in quick rebound and new ATHs right now. But it is not impossible. Economic metrics are not great. And 25bp rate cut won’t make much of a difference, neither appointing a new FED chair. However there likely will be pump before holidays so banks can take profit in the end of year and traditionally one more in January. But how genuine and strong they will be - it is not clear.. $BTC $ETH $SOL .

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