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Anyone trading Alt Coins? (APE)
We've had a big run in MEME coins over the last few months but there are several laggers in the sector that haven't made their move yet. I wouldnt directly classify APE coin as a MEME coin as such, buts its a ticker with previously HUGE hype which hasn't seen a run back to 2023 levels (which in my mind is just a matter of time) Obviously position sizing is KING, you wouldnt want to go in with an position so large you cant afford any swings but the likelihood of this returning to 2023 levels is REALLY high. 85%+ potential gain to be had with a 16% risk drawdown to lows. Seems nice to me!!
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Anyone trading Alt Coins? (APE)
Election Year! What does that mean?
The USA has a very predictable 4 year election cycle Election > Post Election > Mid Term > Pre Election Currently we are in an Election Year, A majority of these years since 1950 have showed strong periods of growth. In regards to the small percentage of times where this is not the case, sometimes these election years have been pretty brutal but that's due to some underlying crisis or pandemic. If market conditions are "normal" then its typically a strong period for the U.S. stocks and the Dollar Index (DXY) I'm expecting to see a big year for Stocks, and now cryptocurrency also. This is the year for building a net long portfolio that I can assure you! Reactive risk management protocol, unless something significant happens economically then it would be a strong year across the board for the U.S.
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Election Year! What does that mean?
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