I sold my Cardano coins to Bitcoin right now!!! Why?
We see that the ratio Cardano/Bitcoin or ADA/BTC it's bearish as Bitcoin take strenghten in the trend. That it's a clear signal that we would need to sell our Cardano coins to get Bitcoin and conserve our Bitcoin power. I sold today 10,566 Cardano coins and get 0.45 BTC (Bitcoin). This it's a bearsih signal if you look ADA/BTC. If you have any doubts, that it's a comparison to know what asset have more power if you look how Bitcoin and Cardano up, this chart ADA/BTC it's used to know what cryptocurrency it's more powerful. That you can to look with ETH/BTC (Ethereum/Bitcoin), LINK/BTC (Chainlink/Bitcoin) and much more to know this secret strategy that nobody talk about how the alcoins work.
s3.tradingview.com/snapshots/b/BW331S0P.png
And this it's the weekly timeframe, this it's sound bearsih for ADA/BTC.
Now, if I have 0.45 BTC, if Cardano down to 0.000032 BTC, then, I use the following. a calculator and I divided the 0.45 BTC with the price what Cardano could to reach, in that case it's 0.000032 BTC. That mean that if this happen, I can to get 14,000 Cardano coins or little more when I hold 0.45 BTC and hope that ADA/BTC down to 0.000032 BTC. That you can to apply with ADA/ETH, that it's a different ratio, but if you using ETH/BTC you can to understand more.
Good luck!!!
s3.tradingview.com/snapshots/b/BW331S0P.png
And this it's the weekly timeframe, this it's sound bearsih for ADA/BTC.
Now, if I have 0.45 BTC, if Cardano down to 0.000032 BTC, then, I use the following. a calculator and I divided the 0.45 BTC with the price what Cardano could to reach, in that case it's 0.000032 BTC. That mean that if this happen, I can to get 14,000 Cardano coins or little more when I hold 0.45 BTC and hope that ADA/BTC down to 0.000032 BTC. That you can to apply with ADA/ETH, that it's a different ratio, but if you using ETH/BTC you can to understand more.
Good luck!!!
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