{"id":38232,"date":"2022-12-15T21:02:39","date_gmt":"2022-12-15T21:02:39","guid":{"rendered":"http:\/\/egrowonline.com\/?p=38232"},"modified":"2022-12-15T21:02:39","modified_gmt":"2022-12-15T21:02:39","slug":"trader-who-sold-bitcoin-at-the-top-returns-to-crypto-markets-accumulating-btc-ethereum-xrp-and-one-additional-altcoin","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=38232","title":{"rendered":"Trader Who Sold Bitcoin at the Top Returns to Crypto Markets, Accumulating BTC, Ethereum, XRP and One Additional Altcoin"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>A savvy trader who sold Bitcoin (<a target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/bitcoin\/\" rel=\"noopener\">BTC<\/a>) at its peak has returned to the crypto markets, accumulating BTC, Ethereum (<a target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/ethereum\" rel=\"noopener\">ETH<\/a>), and other altcoins.<\/p>\n<p>In a new strategy session, pseudonymous crypto analyst DonAlt <a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=X5Vp0bL_pYw\" rel=\"noopener\">tells<\/a> his 45,100 YouTube subscribers that he\u2019s now looking to see whether BTC can hold onto an important support level.<\/p>\n<p>The trader says Wednesday\u2019s massive daily candle is key, and he doesn\u2019t want to see BTC fully retrace to below the $17,065 area.<\/p>\n<p>If it can hold the line, DonAlt says he\u2019ll be \u201chyper-bullish\u201d on the leading digital asset.<\/p>\n<p><em>\u201cWe kind of have to hope that this daily green candle holds. You don\u2019t want to be trading anywhere below it, that starts looking fishy, but as long it does [hold], I\u2019m going to be hyper-bullish. <\/em><\/p>\n<p><em>It just makes sense to me\u2026 I have the [proper] entry to kind of risk it, and I think it\u2019s a good risk-to-reward setup because the reward is massive and this risk is quite tiny.\u201d <\/em><\/p>\n<p>The analyst and trader, who first re-bought BTC in the low $16,000 range, also <a target=\"_blank\" href=\"https:\/\/twitter.com\/CryptoDonAlt\/status\/1603063815482101764\" rel=\"noopener\">tells<\/a> his 447,200 Twitter followers that he\u2019s currently hanging on to ETH, Litecoin (<a target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/litecoin\" rel=\"noopener\">LTC<\/a>) as well as Bitcoin.<\/p>\n<p>When asked if he\u2019s been deterred by LTC\u2019s recent dip in price, DonAlt replies that he still plans on holding the peer-to-peer decentralized network.<\/p>\n<p><em> \u201cYup, hold BTC &gt; LTC &gt; ETH. <\/em><\/p>\n<p><em>Don\u2019t really care too much as long as USD [US Dollar] goes up on alts, got enough BTC to make me happy even if it solo runs.\u201d <\/em><\/p>\n<p>DonAlt then <a target=\"_blank\" href=\"https:\/\/twitter.com\/CryptoDonAlt\/status\/1595008757175574528\" rel=\"noopener\">says<\/a> he also purchased <a target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/xrp\/\" rel=\"noopener\">XRP<\/a>, the digital asset that\u2019s a core part of Ripple Labs\u2019 payments platform.<\/p>\n<p><em>\u201cFinished buying today. <\/em><em>Bought a bunch of BTC for the long term. <\/em><em>Bought a bunch of LTC as a trade. <\/em><em>Bought a little bit of XRP for the meme.\u201d <\/em><\/p>\n<div class=\"jeg_video_container jeg_video_content\"><iframe loading=\"lazy\" title=\"BTC Range Reclaim Possible?\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/X5Vp0bL_pYw?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/div>\n<p><span style=\"color: #ffffff\">I<\/span><\/p>\n<p><em><span style=\"font-size: 13pt\">Don&#8217;t Miss a Beat \u2013 <a target=\"_blank\" href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\" rel=\"noopener\">Subscribe<\/a> to get crypto email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Check <a target=\"_blank\" href=\"https:\/\/dailyhodl.com\/crypto-markets\/\" rel=\"noopener\">Price Action<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Follow us on <a target=\"_blank\" href=\"https:\/\/twitter.com\/TheDailyHodl\" rel=\"noopener\">Twitter<\/a>, <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/thedailyhodl\/\" rel=\"noopener\">Facebook<\/a> and <a target=\"_blank\" href=\"https:\/\/t.me\/thedailyhodl\" rel=\"noopener\">Telegram<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Surf <a target=\"_blank\" href=\"https:\/\/dailyhodl.com\/daily-hodl-mix\" rel=\"noopener\">The Daily Hodl Mix<\/a><\/span><\/em><br \/>\n<\/p>\n<div class=\"hideinamp\">\n<p><a target=\"_blank\" class=\"maxbutton-4 maxbutton maxbutton-check-out-the-latest-headlines-bigger\" rel=\"noopener\" href=\"https:\/\/dailyhodl.com\/news\/\"><span class=\"mb-text\">Check Latest News Headlines<\/span><\/a><\/p>\n<p>&amp;nbsp<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2018\/06\/Get-Alerts-728x90.png\" width=\"800\" height=\"99\" \/><\/p>\n<h6>Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n<p><span style=\"font-size: 10pt\"><em>Featured Image: Shutterstock\/archy13\/INelson\/monkographic<\/em><\/span><\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/news.google.com\/__i\/rss\/rd\/articles\/CBMilwFodHRwczovL2RhaWx5aG9kbC5jb20vMjAyMi8xMi8xNS90cmFkZXItd2hvLXNvbGQtYml0Y29pbi1hdC10aGUtdG9wLXJldHVybnMtdG8tY3J5cHRvLW1hcmtldHMtYWNjdW11bGF0aW5nLWJ0Yy1ldGhlcmV1bS14cnAtYW5kLW9uZS1hZGRpdGlvbmFsLWFsdGNvaW4v0gGbAWh0dHBzOi8vZGFpbHlob2RsLmNvbS8yMDIyLzEyLzE1L3RyYWRlci13aG8tc29sZC1iaXRjb2luLWF0LXRoZS10b3AtcmV0dXJucy10by1jcnlwdG8tbWFya2V0cy1hY2N1bXVsYXRpbmctYnRjLWV0aGVyZXVtLXhycC1hbmQtb25lLWFkZGl0aW9uYWwtYWx0Y29pbi9hbXAv?oc=5\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A savvy trader who sold Bitcoin (BTC) at its peak has returned to the crypto markets, accumulating BTC, Ethereum (ETH), and other altcoins. In a new strategy session, pseudonymous crypto analyst DonAlt tells his 45,100 YouTube subscribers that he\u2019s now looking to see whether BTC can hold onto an important support level. The trader says [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":38233,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[42],"tags":[2529,2014,349,50,194,62,158,89,662,6066,114,193,58],"class_list":["post-38232","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-accumulating","tag-additional","tag-altcoin","tag-bitcoin","tag-btc","tag-crypto","tag-ethereum","tag-markets","tag-returns","tag-sold","tag-top","tag-trader","tag-xrp"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/12\/trader-sold-return-altcoin.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/38232","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=38232"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/38232\/revisions"}],"predecessor-version":[{"id":38234,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/38232\/revisions\/38234"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/38233"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38232"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38232"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}