Solana

April

when

Entangle

<div class="finbold">
 <p class="paragraph">With the cryptocurrency market currently in a bull cycle, investors are actively seeking opportunities to earn profits, leading to a search for viable strategies and digital assets worth investing in.</p>
 <p class="paragraph">Although some segments of the <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> market believe that the sector might have reached its peak for the current phase, an on-chain <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> analyst who goes by the pseudonym <em>0xReflection</em>, in an X (formerly Twitter) post on April 9, contends that there is still room for profit in this <a rel="noopener noreferrer nofollow" title="cycle" href="https://thebittimes.com/tag/cycle.html">cycle</a>.</p>
 <p class="paragraph">According to the analyst, with Bitcoin (BTC) halving only days away, investors can potentially turn a modest $1,000 investment into a staggering $1 million during this crypto cycle.</p>
 <div class="border border-red-300 rounded-xl p-6 not-prose mb-6">
  <h3 class="text-2xl font-black mt-0 flex gap-x-3 mb-5">
   <svg width="32" height="32" viewbox="0 0 32 32" fill="none" xmlns="//www.w3.org/2000/svg"><path d="M4 10.6665V25.3332C4 28.2678 6.392 29.3332 8 29.3332H28V26.6665H8.016C7.4 26.6505 6.66667 26.4078 6.66667 25.3332C6.66667 24.2585 7.4 24.0158 8.016 23.9998H28V5.33317C28 3.8625 26.804 2.6665 25.3333 2.6665H8C6.392 2.6665 4 3.73184 4 6.6665V10.6665ZM8 5.33317H25.3333V21.3332H6.66667V6.6665C6.66667 5.59184 7.4 5.34917 8 5.33317Z" fill="#EF4444"> 
    </path> <path d="M15.996 18.6668L20.4626 14.2815C20.738 14.0166 20.9571 13.6989 21.1068 13.3473C21.2564 12.9957 21.3336 12.6176 21.3336 12.2355C21.3336 11.8534 21.2564 11.4752 21.1068 11.1236C20.9571 10.7721 20.738 10.4543 20.4626 10.1895C19.9074 9.64148 19.1587 9.33422 18.3786 9.33422C17.5985 9.33422 16.8498 9.64148 16.2946 10.1895L15.996 10.4801L15.6973 10.1881C15.1423 9.64023 14.3938 9.33301 13.614 9.33301C12.8341 9.33301 12.0856 9.64023 11.5306 10.1881C11.2552 10.453 11.0361 10.7707 10.8865 11.1223C10.7368 11.4739 10.6597 11.852 10.6597 12.2341C10.6597 12.6162 10.7368 12.9944 10.8865 13.346C11.0361 13.6975 11.2552 14.0153 11.5306 14.2801L15.996 18.6668Z" fill="#EF4444"> 
    </path>
   </svg> Picks for you</h3>
  <div class="grid md:grid-cols-2 gap-x-10 gap-y-3 md:gap-y-5 divide-y divide-gray-300 md:divide-y-0">
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    This Solana trader made from $530k to $6 million amid uncertainties <span class="self-center text-xs text-slate-500">20 mins ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    US recession is 'delayed but still coming' warns Chief Strategist <span class="self-center text-xs text-slate-500">25 mins ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    What’s happening with Brazilian Real vs. Dollar (USD/BRL)? <span class="self-center text-xs text-slate-500">18 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Supply shock alert: Bitcoin exchanges reserves at record lows <span class="self-center text-xs text-slate-500">19 hours ago</span>
   </div>
  </div>
 </div>
 <div class="mb-4 bg-slate-50 rounded-md layout-adjustment">
  <div id="finbold.com_middle" style="min-width: 300px; min-height: 250px;">
  </div>
 </div>
 <h2 class="wp-block-heading" id="h-capitalizing-on-market-cycles-nbsp">Capitalizing on market cycles&nbsp;</h2>
 <p class="paragraph">The analyst pointed out that the cryptocurrency market operates within a framework of perpetual cycles driven by waves that shape its movements. Understanding these cycles is crucial for investors navigating this dynamic landscape.</p>
 <figure class="wp-block-image aligncenter size-full"><img decoding="async" width="680" height="383" src="https://cdn.thebittimes.com/images/2024/04/10/6d60ca61d2177142469409633f290969.webp" alt class="wp-image-167731" srcset="https://cdn.thebittimes.com/images/2024/04/10/6d60ca61d2177142469409633f290969.webp 680w, https://cdn.thebittimes.com/images/2024/04/10/6d60ca61d2177142469409633f290969.webp 300w" sizes="(max-width: 680px) 100vw, 680px">
  <figcaption class="wp-element-caption"><em>Crypto market cycles. Source: X/0xReflection</em>
  </figcaption>
 </figure>
 <p class="paragraph">One prominent <a rel="noopener noreferrer nofollow" title="cycle" href="https://thebittimes.com/tag/cycle.html">cycle</a> is the bull run <a rel="noopener noreferrer nofollow" title="cycle" href="https://thebittimes.com/tag/cycle.html">cycle</a>, characterized by pumps in major <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currencies like Bitcoin, followed by a “shakeout” period of temporary price dips and culminating in an altcoin season. Recent <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a> indicates that the market has moved beyond the initial phase of the bull run <a rel="noopener noreferrer nofollow" title="cycle" href="https://thebittimes.com/tag/cycle.html">cycle</a> and is now entering the second stage.</p>
 <figure class="wp-block-image aligncenter size-full"><img decoding="async" width="680" height="415" src="https://cdn.thebittimes.com/images/2024/04/10/4708201e2a48b19d70b4f6a437a87de9.webp" alt class="wp-image-167732" srcset="https://cdn.thebittimes.com/images/2024/04/10/4708201e2a48b19d70b4f6a437a87de9.webp 680w, https://cdn.thebittimes.com/images/2024/04/10/4708201e2a48b19d70b4f6a437a87de9.webp 300w" sizes="(max-width: 680px) 100vw, 680px">
  <figcaption class="wp-element-caption"><em>Crypto market cycles. Source: X/0xReflection</em>
  </figcaption>
 </figure>
 <p class="paragraph">The expert’s insights focus on capitalizing during the market’s “shakeout” stage when prices dip before experiencing significant growth.</p>
 <p class="paragraph">In this scenario, savvy investors typically anticipate a shakeout stage preceding every alt season, providing a prime opportunity to acquire altcoins at discounted prices.</p>
 <blockquote class="wp-block-quote">
  <p class="paragraph">“Many are hesitant to enter the market now because it’s in a state of uncertainty. But, every alt season is usually preceded by a shakeout stage, allowing major players to buy alts at dirt-cheap prices. I believe it’s the last chance to grab alts, just before 100x soar,”</p>
 </blockquote>
 <h2 class="wp-block-heading" id="h-altcoins-to-capitalize-on-nbsp">Altcoins to capitalize on&nbsp;</h2>
 <p class="paragraph">Additionally, the analyst suggested eight altcoins across various narratives, each with the potential for massive gains. These include Zero1, an ecosystem based on decentralized artificial intelligence (DeAI), focusing on data governance, and Naka, a fast and affordable Bitcoin layer two blockchain tailored for DeFi applications.</p>
 <p class="paragraph">Other selections include AQTIS, a finance platform that utilizes AI and math to manage investments and returns, and Map Protocol Network, an EVM-compatible blockchain that facilitates cross-chain interactions.</p>
 <p class="paragraph">The list also included NetMind, Polytrade, Entangle and Blocksquare.&nbsp;</p>
 <p class="paragraph">These picks are from sectors such as AI, layer 2 solutions, Real-World Assets (RWA), Bitcoin Layer 2, and GameFi, reflecting diverse opportunities within the space.</p>
 <p class="paragraph">It’s worth noting that the highlighted altcoins have low market capitalization and liquidity, rendering them risky investments. Moreover, the overall market remains susceptible to inherent volatility, a factor likely to impact the return on investment.&nbsp;</p>
 <p class="paragraph"><strong><em>Disclaimer</em></strong><em>: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/here-s-how-to-turn-1k-to-1-million-during-this-crypto-cycle-tbt84993.html">https://thebittimes.com/here-s-how-to-turn-1k-to-1-million-during-this-crypto-cycle-tbt84993.html</a></p>

Here’s how to turn $1k to $1 million during this crypto cycle

Table of Contents

TheBitTimes

Alte articole publicate pe 10 apr. 2024

Treasury Deputy Secretary Advocates for Crypto Enforcement Powers

With LINK Price Under Retest, Upside Potential Rises To 100%

Cardano and MATIC’s latest buy opportunity – Will Bitcoin have a say?

Top Altcoins To Turn $1k to $100k This Bull Market

Solana (SOL) Dips Amidst AI Boom & Meme Coin Mania with NEAR and Raboo Rally

Can WIF Rebound from Recent Price Drop and Hit New All-Time High This Pre-Halving Season?

Join our free newsletter for daily crypto updates!