A “whale” is a term used in the cryptocurrency market to describe a large investor or group of investors who hold a substantial amount of cryptocurrency and whose actions can significantly impact the market price of that asset. The whales show where the smart money goes, and the consumer investor will do well to follow the whales, which is why consumer investors should consider following the whales and buying TMS Network (TMS).
Bitcoin (BTC) and Ethereum (ETH) Sell-Offs Signal Rising Tide for Altcoins.
“Buy low, sell high” is a mantra of any investment manual. The start of 2023 has seen a remarkable and noteworthy increase in month-on-month earnings across the cryosphere.
Bitcoin is the first thing people think of when they hear the term cryptocurrency. And with good reason. Bitcoin (BTC) is what started it all and is still the most significant player in the game, with Bitcoin’s (BTC) market capitalization of over $445 Billion and Bitcoin (BTC) commanding 40% of the crypto market.
Bitcoin (BTC) has seen a noticeable jump in its January 2023 recovery, gaining 37% in market value, and long-term holding of Bitcoin (BTC) is always advisable. Bitcoin’s (BTC) fundamentals are solid and inviolable, and Bitcoin (BTC) will always be the standard other coins are measured.
The number two placed coin by market capitalization, and another giant in the crypto community is Ethereum (ETH). With a current market capitalization of almost $200 billion, Ethereum (ETH) commands respect, and since Ethereum (ETH) offers solutions Bitcoin (BTC) cannot (like smart contracts). Ethereum (ETH) is also the coin underpinning the DeFi revolution.
Ethereum (ETH) is the number-two coin for a substantial reason, and it’s unlikely Ethereum (ETH) will be toppled from that position.
Ethereum (ETH) has seen a slightly lower – but equally remarkable recovery over January 2023 of 30%.
Bitcoin (BTC) and Ethereum (ETH) have rewarded owners with above-average returns, which is the attraction of cryptocurrencies. This begs the question if other coins can give even bigger returns.
The answer is yes. There has been some sell-off in Bitcoin (BTC) and Ethereum (ETH) in the first week of February, showing that the whales are on the hunt for even larger profits.
TMS Network (TMS) – A Smarter Exchange Drives Smarter Crypto Profits
Investments reward early adopters in both traditional and crypto markets, as those who bought early in Tesla and Virgin Galactic can attest. But even these enormous profits in the traditional markets are dwarfed by the astronomical profits made on the crypto markets – like the anonymous investor who turned $8,000 of Shiba Inu (SHIB) into $5.7 billion.
Massive profits are possible, and one way the investor can ensure the best chance of sharing in these gigantic profits is by investing early. This opportunity lies in the soon-to-be-launched TMS Network exchange. The TMS Network (TMS) exchange is a new first-of-its-kind exchange that offers traders cryptocurrency and other investment vehicles such as CFDs, Forex, and even stocks.
What sets TMS Network (TMS) apart is that it is the first-ever decentralized exchange. Decentralization is one of the factors which makes crypto so attractive to both investors and users of cryptocurrencies, and now TMS Network (TMS) brings the decentralized nature of crypto to an exchange platform. Those who own TMS Network (TMS) tokens also own the exchange.
Users on the exchange can use TMS Network (TMS) tokens to trade any asset across the exchange in an easy-to-use and intuitive environment which sets the stage for a revolution of on-chain trading.
TMS Network (TMS) is not just about a decentralized and multi-function exchange. TMS Network (TMS) also offers the opportunity for token holders to earn commissions on trades, and TMS Network (TMS) will provide financial education to help curate intelligent investing decisions.
TMS Network (TMS) is currently in phase 1 of its presale and has a limited number of tokens for sale at $0,0003, creating early-entry opportunities and the possibility of appreciable gains.
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
No spam, no lies, only insights. You can unsubscribe at any time.
Telegram: https://t.me/tmsnetwork
Twitter: https://twitter.com/tmsnetworkio
Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.
Credit: Source link
