The crypto market is waking up. While volumes remain low, we can vividly see increased interest from the public in crypto. A month ago crypto was evil, ‘everyone’ was dumping it. Now, suddenly, it will start getting more popular as prices will rise. Unfortunately, most investors missed great opportunities (and they will continue to do so) because of the bearish narrative (more about this in 7 Secrets of Successful Investing). Not over here, at InvestingHaven’s crypto research service, where we issued strategic crypto guidance since November. Many tips are rising fast now, many investors have entry prices that are already safe. The best is yet to come, as per our crypto predictions, but volatile periods will shake out those that are late in initiating new positions.
It is probably too late to enter new positions in crypto as the next shakeout will hit in a few weeks.
As it always goes, the average investors gets excited near a local top. We believe a local top is not far away in crypto, we wrote about this extensively in our premium crypto service.
We featured several top tips in January, in our research notes, most (if not all) of them are up significantly. Many members will start February with ‘free tokens’ which is our recommended strategy: sell 50% of your holding once price doubles so you hold tokens in a riskless way. It is the best way to de-risk crypto investing.
It may be late to enter new positions, however, it is not too late to start tracking positions that may be opened when the next sell-off hits the market, presumably not later than the 3d week of February.
Here is the guidance we shared with premium members: go after the tokens that have characteristics of the ‘Litecoin effect’. It’s very simple, the ‘Litecoin effect’ is a ‘break up event’ of the falling trendline that did dominate the downtrend in 2022.
As seen on the Litecoin chart, the falling trendline was broken to the upside in November, back-tested soon after, followed by a gradual rise in stages. Since the ‘break up’ points, around 56 USD, Litecoin is up some 50% with a bullish target around 124 USD. Once 124 is cleared, the uptrend will accelerate.
Tracking tokens that show the ‘Litecoin effect’ is what we have been doing since November, as soon as it occurred on the Litecoin chart. A few tokens are moving faster than Litecoin, many are working to improve, many others are not able to do anything constructive yet (they need broad crypto market momentum before they can improve, most of them are useless tokens).
We strongly recommend to follow our premium research in which we will continue to provide tips about tokens that are about to outperform, similar to Litecoin 2 months ago and several others that are up much more in January.
