BIG BATTLE as All Time Highs Fight Back for Altcoin Market, Bitcoin, RTY & Altcoins, Defensive Move

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    Blockchain Backer 702 Digital Art NFT Collection on XRP – https://nft.onxrp.com/collection/blockchain-backer/

    Hi, I am the Blockchain Backer, bringing you the latest cryptocurrency news and analysis. The content of my channel primarily focuses on crypto news, motivation, and chart analysis on the XRP chart, Bitcoin chart, various Altcoin charts, and market cap charts.

    DISCLAIMER: I am not a financial adviser. Investing and trading is risky, and you can lose your money. The information in this video should not be used to make any investment decisions. You should contact a licensed financial adviser prior to making any investment decisions. Any affiliate links in the description of these videos may provide a commission if you decide to purchase their products. I appreciate any and all support of my channel, and without you, I wouldn’t be here. Thank you.

    41 Comments

    1. Blockchain Backer Newsletter – https://blockchainbacker.substack.com

      Blockchain Backer's Technical Analysis Toolkit for Crypto – http://www.BCBacker.com

      Blockchain Backer 702 Digital Art NFT Collection on XRP – https://nft.onxrp.com/collection/blockchain-backer/

      Hi, I am the Blockchain Backer, bringing you the latest cryptocurrency news and analysis. The content of my channel primarily focuses on crypto news, motivation, and chart analysis on the XRP chart, Bitcoin chart, various Altcoin charts, and market cap charts.

      DISCLAIMER: I am not a financial adviser. Investing and trading is risky, and you can lose your money. The information in this video should not be used to make any investment decisions. You should contact a licensed financial adviser prior to making any investment decisions. Any affiliate links in the description of these videos may provide a commission if you decide to purchase their products. I appreciate any and all support of my channel, and without you, I wouldn't be here. Thank you.

    2. We make so much progress almost reaching $3 again, for it to just go back down right away. So stressful. As far as the crowd not being here, I feel like it’s because money is tight for a lot of people nowadays. What’s your opinion on that being the case?

    3. Definitely a conundrum… Doing it triggers the long term capital gains (15% to 20%), if it goes down cool, but if it goes up you'll now lose the difference between sold and buy back as well as changing your tax bracket from the 15% or 20% to potentially the 30% to 37% bracket.

      I can understand from both ways but still a tough call.

    4. Understand your position on risk management but any concern on your end if you have to buy back in if we do break out and then pay short term capital gains as opposed to long term capital gains if an alt season were to occur over the next few weeks?

    5. Folks, all the hype and promises were always an illusion. It’s the lottery and we’ve all be gambling. I’m out of the hodl game. Swing trades from here on out for me.

    6. I’ve lived by “good news comes at tops” thanks to you bcb. It was difficult to due the same play when the sec lawsuit ended but I’m glad I de-risked also. Appreciate you ❤

    7. 4+ years ago, I said "when he says he sells, I sell." I followed your lead, exited 1/3 of my holdings. All of mine is in XRP, (XRP ETF actually – Canada) and it's all in my TFSA. So I'll keep the cash there, and wait for a sign to get it back in. I didn't take it as financial advice, I took it as a rule I made for myself to follow someone I trust to know more. You aren't on the hook for my decisions!

    8. Been watching your videos for a long time and respect your transperancy and honesty! Have learned a lot from your content and appreciate everything you do for the community!

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