crypocurrency
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🔻🩵🔻Latest Update To 🔻🩵🔻
👉Avoid Mistakes In #crypocurrency
🌈FOMO Buying✨
🔻🔻Avoid making impulsive purchases based on fear of missing out (FOMO). Take time to research and analyze before making investment decisions🔻🔻
✨Ignoring Risk Management✨
Don't overlook the importance of risk management strategies such as setting stop-loss orders and diversifying your portfolio to mitigate potential losses😕
✨Neglecting Research✨
⚠️Avoid investing in projects without conducting thorough research (DYOR) on their fundamentals, team, technology, and market potential⚠️
✨Falling for Pump and Dump Schemes✨
🧭Beware of schemes promising quick profits through coordinated buying and selling (pump and dump). Invest in projects with genuine value and long-term potential🧭
✨Overtrading✨
👉Resist the urge to trade excessively, as frequent trading can lead to increased transaction fees and emotional stress. Stick to a well-defined trading plan📊
✨Neglecting Security✨
🤝Don't compromise on security practices such as using hardware wallets, enabling two-factor authentication, and avoiding suspicious links or phishing attempts🤝
✨Following Social Media Hype✨
🌜Be cautious of relying solely on social media hype or influencers' recommendations for investment advice. Verify information from multiple sources before acting on it🌜
✨Panic Selling✨
👉Avoid selling your assets in response to short-term price fluctuations or negative news events. Maintain a long-term perspective and stay focused on your investment goals💪
By avoiding these common mistakes and staying informed, you can navigate the cryptocurrency market more effectively and make informed investment decisions🤟
Follow Me More ❤️
#Aviod
#2k24
#CryptoPeakTargets
#A1
👉Avoid Mistakes In #crypocurrency
🌈FOMO Buying✨
🔻🔻Avoid making impulsive purchases based on fear of missing out (FOMO). Take time to research and analyze before making investment decisions🔻🔻
✨Ignoring Risk Management✨
Don't overlook the importance of risk management strategies such as setting stop-loss orders and diversifying your portfolio to mitigate potential losses😕
✨Neglecting Research✨
⚠️Avoid investing in projects without conducting thorough research (DYOR) on their fundamentals, team, technology, and market potential⚠️
✨Falling for Pump and Dump Schemes✨
🧭Beware of schemes promising quick profits through coordinated buying and selling (pump and dump). Invest in projects with genuine value and long-term potential🧭
✨Overtrading✨
👉Resist the urge to trade excessively, as frequent trading can lead to increased transaction fees and emotional stress. Stick to a well-defined trading plan📊
✨Neglecting Security✨
🤝Don't compromise on security practices such as using hardware wallets, enabling two-factor authentication, and avoiding suspicious links or phishing attempts🤝
✨Following Social Media Hype✨
🌜Be cautious of relying solely on social media hype or influencers' recommendations for investment advice. Verify information from multiple sources before acting on it🌜
✨Panic Selling✨
👉Avoid selling your assets in response to short-term price fluctuations or negative news events. Maintain a long-term perspective and stay focused on your investment goals💪
By avoiding these common mistakes and staying informed, you can navigate the cryptocurrency market more effectively and make informed investment decisions🤟
Follow Me More ❤️
#Aviod
#2k24
#CryptoPeakTargets
#A1
Hype vs. Fundamentals: How to Avoid Investing in a Dud Cryptocurrency
👉 Making big money in a short amount of time is why hunting micro-cap gems can be life-changing for small-time investors….How to become a gem hunter
👉 Some of you are here to get rich quick and make it in one Bullrun.
👉 Whilst there are some success stories, there is survivorship bias
👉 Meaning you only hear the success stories.
👉 For every success story, there might be 5 sad stories.
👉 Gem hunting is fun, but risk management is key
👉 Common Mistakes for the Gem Hunters:-
Too Aggressive, not hedging their portfolio with stablecoins or blue chips
If BTC dips 30%, your micro-cap Coins can dip 80%.
Understand where you are in the cycle before aping into high-risk high reward micro caps
👉 Don't rely on other people and ape blindly.
👉 Develop your own intuition, your edge is built by becoming an expert
👉 Cultivate your Inner Ape
👉 Don’t be afraid to lose $$, Ape to Learn
👉 You'll get rugged.
👉 If 2/10 do a 10x & you get rugged 8x, you still doubled your money
👉 While that may be the best trade in history and not a realistic goal...
👉 The point is being early to new crypto projects can be life-changing!
👉 Finding these projects early is a skill that can be learned.
👉 Over time you will get a nose for hunting alpha
👉 It will take time to become a proficient hunter.
👉 Don't get wiped out before developing your edge
👉 Here are the things that will help you develop & improve this skill:-
Get comfortable with DEX
Coins that are listed on a Centralised Exchange (Binance, FTX, Kraken, Coinbase) usually already have a pretty high Marketcap (MC).
👉 The law of big numbers:-
if Bitcoin has an MC of 1 trillion, it needs 99 trillion to do a 100x.
👉 Some Coins with 1 million MC will need 99 million. That can happen in a couple of days in crypto.
👉 Don't want to get involved in Dex's and still find gems?
These will be low caps in the 10m-100m MarketCap range.
Do your own Research Before Investing in Any Coins or Stocks.
NFA
please Like, Share and Follow For more Informative Contents.
Thank you
#cryptotrading #crytonews #crypocurrency #BNB #BTC
👉 Some of you are here to get rich quick and make it in one Bullrun.
👉 Whilst there are some success stories, there is survivorship bias
👉 Meaning you only hear the success stories.
👉 For every success story, there might be 5 sad stories.
👉 Gem hunting is fun, but risk management is key
👉 Common Mistakes for the Gem Hunters:-
Too Aggressive, not hedging their portfolio with stablecoins or blue chips
If BTC dips 30%, your micro-cap Coins can dip 80%.
Understand where you are in the cycle before aping into high-risk high reward micro caps
👉 Don't rely on other people and ape blindly.
👉 Develop your own intuition, your edge is built by becoming an expert
👉 Cultivate your Inner Ape
👉 Don’t be afraid to lose $$, Ape to Learn
👉 You'll get rugged.
👉 If 2/10 do a 10x & you get rugged 8x, you still doubled your money
👉 While that may be the best trade in history and not a realistic goal...
👉 The point is being early to new crypto projects can be life-changing!
👉 Finding these projects early is a skill that can be learned.
👉 Over time you will get a nose for hunting alpha
👉 It will take time to become a proficient hunter.
👉 Don't get wiped out before developing your edge
👉 Here are the things that will help you develop & improve this skill:-
Get comfortable with DEX
Coins that are listed on a Centralised Exchange (Binance, FTX, Kraken, Coinbase) usually already have a pretty high Marketcap (MC).
👉 The law of big numbers:-
if Bitcoin has an MC of 1 trillion, it needs 99 trillion to do a 100x.
👉 Some Coins with 1 million MC will need 99 million. That can happen in a couple of days in crypto.
👉 Don't want to get involved in Dex's and still find gems?
These will be low caps in the 10m-100m MarketCap range.
Do your own Research Before Investing in Any Coins or Stocks.
NFA
please Like, Share and Follow For more Informative Contents.
Thank you
#cryptotrading #crytonews #crypocurrency #BNB #BTC
#BTC☀ #MarketDownturn #CryptoNewss #crypocurrency
Retest was done at 60587 level going up, now its gonna push down to this 56900 level, if broken, then 49000 retest incoming
Retest was done at 60587 level going up, now its gonna push down to this 56900 level, if broken, then 49000 retest incoming
#MarketDownturn #BTC☀ #MarketIndicator #marketanalysis #CryptoDecision
56700 Level retest incoming for BTC. If it is broken, then retest down to 49000 level.
Should the 49000 level also be broken, then expect retest down to 38500 level.
Gonna be a bumpy ride. But is healthy, and a much needed proper retest dor BTC to continue its future growth trajectory.
Be careful on taking high leverages, bot worth the risk, seasoned traders prefer low leverage, ensuring profit gained.
Use these markets resets, and trade with your brain and intuition, dont trade with greed.
56700 Level retest incoming for BTC. If it is broken, then retest down to 49000 level.
Should the 49000 level also be broken, then expect retest down to 38500 level.
Gonna be a bumpy ride. But is healthy, and a much needed proper retest dor BTC to continue its future growth trajectory.
Be careful on taking high leverages, bot worth the risk, seasoned traders prefer low leverage, ensuring profit gained.
Use these markets resets, and trade with your brain and intuition, dont trade with greed.
Moving away from Consolidated Views
#MarketDownturns #MarketDownturnCampaign
There comes a time when we go back to the founding principles of trading., that what works for you doesn't necessary work for me, that is to mean that individual strategies doesn't work for everyone even if it's #COPYTRADING . The ability to analyze market trends doesn't apply to every trader
Moving away from Monday mayhem some #crypocurrency has improved and cooled down the market, this soothing sentiment imply that there's a better chances of making money.
Downward momentum has slowed down, now there's low confidence in the market and making use of it is number one rule of a trader and in the process the market will rejuvenate and stabilize.
Incase of unlikely outcome never panic always hold your coin ... there's time to get into the market and time to leave the market .#
Forget about Monday mayhem concentrate on how you entered the market.
#MarketDownturns #MarketDownturnCampaign
There comes a time when we go back to the founding principles of trading., that what works for you doesn't necessary work for me, that is to mean that individual strategies doesn't work for everyone even if it's #COPYTRADING . The ability to analyze market trends doesn't apply to every trader
Moving away from Monday mayhem some #crypocurrency has improved and cooled down the market, this soothing sentiment imply that there's a better chances of making money.
Downward momentum has slowed down, now there's low confidence in the market and making use of it is number one rule of a trader and in the process the market will rejuvenate and stabilize.
Incase of unlikely outcome never panic always hold your coin ... there's time to get into the market and time to leave the market .#
Forget about Monday mayhem concentrate on how you entered the market.
$BILLY is showing strength after successfully breaking out of the dynamic triangle pattern! I expect a retest, followed by a strong bullish surge.
This breakout suggests a potential trend reversal, and the retest could be a lucrative buying opportunity. If the bulls maintain momentum, $BILLY may soar to new heights!
#crypocurrency
This breakout suggests a potential trend reversal, and the retest could be a lucrative buying opportunity. If the bulls maintain momentum, $BILLY may soar to new heights!
#crypocurrency
1Inch
In Q2'24, 1inch saw a 12% increase in daily average volume, primarily driven by the Aggregation Protocol, with significant contributions from Ethereum and Layer-2 networks like Base and Arbitrum. Despite a 29% drop in circulating market cap, staking activity rose slightly, and the 1inch DAO effectively managed resources, approving funding proposals to support further growth.
#1inch #crypocurrency #BinanceSquareFamily #cryptotraders
In Q2'24, 1inch saw a 12% increase in daily average volume, primarily driven by the Aggregation Protocol, with significant contributions from Ethereum and Layer-2 networks like Base and Arbitrum. Despite a 29% drop in circulating market cap, staking activity rose slightly, and the 1inch DAO effectively managed resources, approving funding proposals to support further growth.
#1inch #crypocurrency #BinanceSquareFamily #cryptotraders