Trading success isn't a sprint; it's a marathon. It demands unwavering dedication, resilience, and years of honing your craft.
Expect setbacks, losses, and emotional challenges. Embrace them as stepping stones to growth.
Imagine emerging from this crucible stronger, wiser, and capable of generating $1,000 to $10,000 per hour from your laptop.
The journey is arduous, filled with obstacles. Yet, the rewards are unparalleled. Stay committed, learn from every stumble, and grow through each failure.
In a few years, you'll look back with pride at the distance you've covered. Your persistence and resilience will be your greatest assets.
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Pro Tips for Future Trading$BTC -$ETH $BNB #MarketDownturn *Use Maximum Leverage in All Your Trades.** Hereâs why it can be beneficial: Case 1: You have $100 in your wallet and decide to open a Bitcoin trade using $50 with 20x leverage. This means your position size will be $50 Ă 20 = $1,000. Youâll still have $50 left in your wallet.
Case 2: With the same $100, you open a Bitcoin trade using $20 with 50x leverage. Now, your position size will also be $1,000 ($20 Ă 50). But this time, you have $80 left in your wallet. Whatâs the Difference? 1. Same Trade, Different Leverages: Whether you use 20x or 50x leverage, your profit or loss will be the same as long as the price moves the same amount. 2. More Flexibility: By using less of your wallet balance for a trade, you have more remaining funds. This allows you to adjust your position size or entry price if the market fluctuates significantly.
3. More Trade Opportunities: With more balance left in your wallet, you can open additional trades while keeping the risk at the same level. Note: High leverage becomes risky only when you use a large portion of your wallet balance. For example, if you use $50 with 50x leverage, your position size will be $2,500, which increases your risk significantly.
As you can see right here, $BTC is still above 55, 100 and 200 Daily EMAs. At the time of writing this , $BTC has not flipped bearish as long as it holds above 55 Daily EMA. As of now, $BTC has not experienced any daily bearish market structure shifts. Market structure shifts bearish below 66222 on the daily. We are still holding above that level
WHAT ARE THE POSSIBILITIES TO FLIP BULLISH?
As you can see, we have sell-side liquidity below the red line. It is also where the Previous resistance gets flipped to support. If BTC sweeps this liquidity and reclaims above 200 EMA on 4H , BTC can still flip bullish and go up to 74K until June 22nd.
June is a flat month in general . Whatever pump we might get may get erased in one big red candle in the later half of the month
If you are a trader , make sure you TP your longs before this date
When it comes to my investments , Iâm making a conscious decision to hold the volatility and average in July again for September pump
But keep in mind , if you bought at 56k , your alts may go lower when btc retraces back to 60k area before next pump
We are gonna need so much patience and resilience to navigate through this price action . Gonna be an emotional rollercoaster
Donât get caught up ,donât sell low ,donât paper hand . This game is not for the weak. Plan to 100k on HTF is intact !#ETHETFsApproved #BTC $BTC $BNB $ETH #etherreum
ChatGPT Analyzes if Brett (BRETT) Can Flip Pepe (PEPE) in 2024
Check out what needs to happen for BRETT to surpass $PEPE (according to ChatGPT). TL;DR BRETT, a frog-themed meme coin, has surged nearly 400% in the past month, reaching a market cap of $1.7 billion.Analysts and ChatGPT believe it could surpass #PEPE if current trends continue.
BRETTâs Chances The cryptocurrency market jumped in the middle of the week, with the meme coin sector significantly contributing to that uptrend. Numerous assets of that type are well in the green on a seven-day scale, while the cohortâs market capitalization neared the $70 billion mark before it dropped to $61 billion after the Friday crash. One such token that has become cryptoâs rock star in the past few weeks is the frog-themed Brett (BRETT). Its value is up almost 400% on a monthly basis, recently reaching an all-time high of $0.17 (per CoinGeckoâs data).
BRETTâs market cap surged to a whopping $1.7 billion, making it the 69th-largest cryptocurrency and the seventh-largest in its realm. As such, we asked ChatGPT whether its uptick will continue in the near future and if it can surpass the leading frog-themed meme coin Pepe (PEPE). The popular AI-powered chatbot estimated that a flippening is possible, assuming certain factors are in place. It noted that BRETT is the top meme coin of the Base chain, which is supported by the crypto exchange Coinbase.Â
âBRETTâs association with the Base chain and its growing community support make it a strong contender to flip PEPE, especially in a bullish market scenario,â ChatGPT added. The chatbot predicted a further price increase for the meme coin should it gain additional support from exchanges. KuCoin, Bitget, BitMart, and Uphold are some of the companies that have already allowed trading services with #BRETT. One analyst who believes that a Binance listing is in the cards is the X user Mac. In their view, the largest crypto exchange could jump on the bandwagon if BRETTâs trading volume keeps up its levels. Despite its impressive performance, the assetâs market capitalization is still far from the one of its rival. PEPEâs market cap briefly pumped above $7 billion at the end of May before retracing to its current level of approximately $5.1 billion. Is $1 Incoming? BRETTâs spike caught the eye of numerous analysts, some of whom think the bull run is far from over. Crypto Rover, a popular X user with over 700,000 followers, claimed the uptrend âwill not stop anytime soon,â envisioning $1 as the next price target. Crash was bullish, too, reminding about PEPEâs market cap ascent from $300 million to over $7 billion. âNow watch BRETT do it,â they argued.
$BNB breaks ATH, and set a new High Record đŠđđ
According to 8marketcap data, BNB's market value has reached $105.85 billion, with a 24-hour increase of 10.63%. It has now surpassed coffee industry giant Starbucks (with a market value of approximately $93.77 billion) and ranks 170th in the global asset market value rankings.
Solanaâs ( $SOL ) price could be on the path of recovery, provided it can sustain the bullish cues being flashed across the market.
One benefit of SOL is that the altcoin could break away from Bitcoin, the biggest crypto asset in the world.
Solana Investors Hope for Gains
Solanaâs price could take after the investorsâ optimism as they continue to boost the network. Evidence of their bullishness is visible in SOLâs Open Interest (OI). Open interest (OI) represents the total number of outstanding futures or options contracts that have not been settled.
Over the past two weeks, this OI has risen by more than $700 million, from $1.7 billion to $2.4 billion. This sharp increase shows that investors are still pining for a price rise.
Secondly, the correlation between Solana and Bitcoin is also actively dropping. A drop in the correlation is generally considered to be a bearish sign since BTCâs rise helps the altcoin rise, too.
However, at present, this breakaway is a boon for SOL. The reason behind this is the historical instances where the altcoin rallied every time its correlation to BTC fell. At the moment, this correlation stands at 0.63, falling lower.
Since Bitcoinâs price too is observing consolidation and slow recovery presently, SOL could benefit by charting its own path.
SOL Price Prediction: Can It Climb Back?
Solanaâs price failed to close above the $190 barrier again and has since declined. The altcoin is currently changing hands at $165 back under the resistance of $169. A bullish outcome seems possible if the aforementioned cues are to be considered.
This would require SOL to first cement $170 as a support floor, then flip $175 into support as well. Subsequently, a rise to $190 and a test of the resistance would be considered a successful recovery.
However, if securing $170 and $175 as support floors fail, it would not be surprising to see SOL fall to $156. Losing this support would invalidate the bullish thesis for Solanaâs price, sending it to $137
Nearly $2.4 billion stolen in crypto attacks in 2023
According to data from blockchain security and analysis company Certik, cryptocurrency hacks have resulted in nearly $2.4 billion in stolen funds this year alone. The third quarter was the most active period for hackers, with 184 known attacks resulting in almost $700 million in stolen funds. The report states that the losses caused by hackers in the third quarter alone were greater than the total for the first and second quarters combined. While these numbers are alarming, they are significantly lower than last year's total of over $3.5 billion. According to SlowMist, there have been 450 confirmed hacking incidents as of 2023, with decentralized protocols on the Ethereum and BNB smart chains being the most common targets.
NFPrompt (NFP) on Binance Launchpool Fair Mode! Farm NFP by Staking BNB, FDUSD and TUSD
Binance is excited to announce the 41st project on Binance Launchpool - NFPrompt (NFP), an AI-driven User Generated Content (UGC) platform for Web3 creators.
Users will be able to stake their $BNB , $FDUSD and $TUSD into separate pools to farm NFP tokens over seven days, with farming starting from 2023-12-20 00:00 (UTC)