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Nk Chinnel
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good day, I want to buy Crypto with Naira, how do I go about this please
CRYPTO MECHANIC
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$BTC Hit the $93k target we discussed earlier this week.
I will let the weekly close, We also have the monthly close on the same day.
We Will plan out the next move on monday.
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Why Many New Crypto Investors Lose Money — And How You Can Avoid Their Mistakes
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🚀 Crypto Made Simple: Why Every Beginner Should Understand Market Cycles The crypto market doesn’t move randomly — it moves in cycles. Understanding these cycles can help you avoid losses, spot opportunities, and make smarter trading decisions. Here’s a simple breakdown for beginners 👇 🔄 1. Accumulation Phase This is when the market is quiet. Prices move slowly, interest is low, and most people ignore crypto. But smart investors quietly accumulate here. It’s usually the best time to buy, yet it feels the most boring. 📈 2. Uptrend / Bull Phase News becomes positive, prices rise fast, and new traders rush in. Coins break resistance, trading volume increases, and everyone becomes optimistic. This is when many people make profits — but also when FOMO is highest. 📉 3. Distribution Phase The market becomes unstable. Big investors start selling slowly while hype is still high. Prices may look like they’re still rising, but momentum is fading. This is where many beginners get trapped. 🔽 4. Downtrend / Bear Phase Prices fall sharply, fear spreads, and many investors exit the market. Good projects become undervalued again. This phase creates the next accumulation opportunity. --- 💡 Why This Matters Recognizing these cycles helps you: Avoid buying at the top Avoid panic-selling at the bottom Position yourself early for the next trend Trade with confidence, not emotion Crypto rewards those who understand the game — not those who chase hype. --- 🔥 Final Thoughts The market will always move in cycles, but your reaction doesn’t have to. Study the patterns, stay patient, and make decisions based on knowledge, not emotions. Follow me for more simple crypto explainers and market insights. 🚀 #Crypto #Blockchain #Bitcoin #Ethereum #BNB #CryptoMarket #MarketAnalysis #CryptoTrading #CryptoEducation #LearnCrypto #CryptoForBeginners #TradingTips
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