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@cryptofordummies
Abogado , Magister en Derecho Constitucional , criptoentusiasta desde 2019 đ.Construyendo una comunidad amigable en Binance CryptoForDummies
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"Clearance maps: The secret tool for your spot purchases"
Did you know that futures markets influence the spot price of cryptocurrencies? And that you can use that information to your advantage with liquidation maps. đ€
First, the basics:
Long/Short: Buying "long" means betting that the price will rise. Selling "short" is betting that it will fall.
Settlement:
If the price moves against you and you do not have enough margin, your futures position is automatically closed. This is called liquidation.
What are settlement maps?
First, the basics:
Long/Short: Buying "long" means betting that the price will rise. Selling "short" is betting that it will fall.
Settlement:
If the price moves against you and you do not have enough margin, your futures position is automatically closed. This is called liquidation.
What are settlement maps?
See original
I share this analysis with you. It is a thread of 4 posts! It is not advice or investment. Do your own research.
I think something similar will happen. Your analysis is very clear.
Congratulations to this content creator. (Not because he has the truth in his hand, but because it is clear that he does his homework)
I think something similar will happen. Your analysis is very clear.
Congratulations to this content creator. (Not because he has the truth in his hand, but because it is clear that he does his homework)
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Ualifi AraĂșjo
--
Bullish
$BTC Analysis 10/23/2024
I have received countless messages on my social networks, I will try to explain the current moment as much as possible in 4 different posts.
1st FIRST
#BTC, yesterday we had a good reaction going up to $67,800, but the BULLS were not able to close within the blue band again as expected and as would be best for the BULLS. So, with the failure of this, the BEARS sank the price to the bottom of the pattern that had been forming in the 4H.
I see no real reason for us to have fallen to the EMA 100 (4H) and even less for us to stay down here, however, this larger pullback is not at all abnormal, even though I don't like this pullback, it is something that is within normality, and to demonstrate this I changed my entire chart just to bring this explanation here, see;
Let's start from when we left the gray band below the green band on the chart, around $52,500. You can see that we had a good bounce from there and went to the red band and fell again, making a higher low (at the first yellow band that I drew), then we had another bounce to the red band and fell again making a higher low (second yellow band).
Now notice that the price when it came back to test the second yellow band was exactly at a point where we had difficulty passing when we were going up.
After that, we FINALLY bounced, breaking the red band on the chart and went all the way to $69K, this is the point that matters most. See what happens, when we broke the red band on the chart, we not only broke a boring resistance, we also broke this downtrend line that we were on (thick orange line on the chart). After breaking it, we didn't go back to test it, and we ended up coming back here and we are doing that now.
This 3rd yellow band on the chart, which is where we are, is also a retest of an old resistance, something normal for us to do. IS THAT WHAT WE WANTED? NO!However, we are still within normal limits and you shouldn't be so worried about it...
I have received countless messages on my social networks, I will try to explain the current moment as much as possible in 4 different posts.
1st FIRST
#BTC, yesterday we had a good reaction going up to $67,800, but the BULLS were not able to close within the blue band again as expected and as would be best for the BULLS. So, with the failure of this, the BEARS sank the price to the bottom of the pattern that had been forming in the 4H.
I see no real reason for us to have fallen to the EMA 100 (4H) and even less for us to stay down here, however, this larger pullback is not at all abnormal, even though I don't like this pullback, it is something that is within normality, and to demonstrate this I changed my entire chart just to bring this explanation here, see;
Let's start from when we left the gray band below the green band on the chart, around $52,500. You can see that we had a good bounce from there and went to the red band and fell again, making a higher low (at the first yellow band that I drew), then we had another bounce to the red band and fell again making a higher low (second yellow band).
Now notice that the price when it came back to test the second yellow band was exactly at a point where we had difficulty passing when we were going up.
After that, we FINALLY bounced, breaking the red band on the chart and went all the way to $69K, this is the point that matters most. See what happens, when we broke the red band on the chart, we not only broke a boring resistance, we also broke this downtrend line that we were on (thick orange line on the chart). After breaking it, we didn't go back to test it, and we ended up coming back here and we are doing that now.
This 3rd yellow band on the chart, which is where we are, is also a retest of an old resistance, something normal for us to do. IS THAT WHAT WE WANTED? NO!However, we are still within normal limits and you shouldn't be so worried about it...
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Avoid My Mistakes! Tips from a Crypto-Veteran for Binance Beginners
Hello everyone, I am an experienced investor in the crypto world and today I am sharing with you some lessons learned along my path, in the hope that you will avoid my pitfalls and maximize your profits.
1. "Not your keys, not your bitcoins": Remember that Bitcoin was born as a payment system between people, where each person has full control of their assets. However, many users entrust the custody of their cryptos to third parties (exchanges). Serious mistake!
In the past, we have seen how seemingly untouchable giants like FTX and Celsius Network collapsed, leaving thousands of users without access to their funds. Let me tell you my story: I bought BTC a long time ago and kept it on an exchange (at the time, the largest one). I was always cautious and transferred my assets to my own wallet. When this giant collapsed due to lack of funds, I didn't lose anything! Unfortunately, many of my students ignored my advice and lost everything. Learn from their misfortune: be the custodians of your own assets!
1. "Not your keys, not your bitcoins": Remember that Bitcoin was born as a payment system between people, where each person has full control of their assets. However, many users entrust the custody of their cryptos to third parties (exchanges). Serious mistake!
In the past, we have seen how seemingly untouchable giants like FTX and Celsius Network collapsed, leaving thousands of users without access to their funds. Let me tell you my story: I bought BTC a long time ago and kept it on an exchange (at the time, the largest one). I was always cautious and transferred my assets to my own wallet. When this giant collapsed due to lack of funds, I didn't lose anything! Unfortunately, many of my students ignored my advice and lost everything. Learn from their misfortune: be the custodians of your own assets!
See original
Market Cap: The signal to unload your cryptos (and multiply your profits)
In the crypto world, market cap is like a map that guides us to the best opportunities. But what exactly is it?
Market Cap: The total value of all coins of a cryptocurrency in circulation. It is calculated by multiplying the current price of a coin by the total number of coins in circulation.
Current data:
BTC Dominance:
57.65% (Bitcoin dominates more than half of the crypto market)
Altcoin market cap (excluding BTC and ETH):
It represents the portion of the market not dominated by Bitcoin and Ethereum.
Market Cap: The total value of all coins of a cryptocurrency in circulation. It is calculated by multiplying the current price of a coin by the total number of coins in circulation.
Current data:
BTC Dominance:
57.65% (Bitcoin dominates more than half of the crypto market)
Altcoin market cap (excluding BTC and ETH):
It represents the portion of the market not dominated by Bitcoin and Ethereum.
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Don't be market liquidity! Don't be Dumb Money.
Dear reader, from now on, when you watch your "trusted news" and hear: "BTC price drops and investors fear it will drop much further. Panic in the market!", your mind, trained by @cryptofordummies, will say: "It's a wonderful day! Opportunity to buy the scarcest asset on earth cheap. And if you're more of a risk taker, altcoins that could do x50 are 70% and 80% off!"
On the contrary, when all the bull run is exhausted and the world says: "This is the best opportunity to invest in the best asset on earth! It appreciates on average 200% annually. Price at that time will be approx: $170,000 or $230,000!", at that moment, @cryptofordummies will tell you: "Be careful, stay away from this asset. It is overvalued, overheated. Possibly big investors will take profits."
On the contrary, when all the bull run is exhausted and the world says: "This is the best opportunity to invest in the best asset on earth! It appreciates on average 200% annually. Price at that time will be approx: $170,000 or $230,000!", at that moment, @cryptofordummies will tell you: "Be careful, stay away from this asset. It is overvalued, overheated. Possibly big investors will take profits."
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"Bitcoin: The weapon that gave us back control (and that governments are trying to take away from us)"
$BTC
This article is dedicated to my first 100 followers, who inspire me to continue sharing knowledge about the crypto world. And especially to a friend, a philanthropist who encouraged me to start this path with a wise piece of advice: "Don't talk about what you're going to do, just do it. Share your achievements when they're done."
It was he who, when I asked him about Bitcoin, told me: "It is a technology that gives control to the people, something that governments will never accept." His words resonated with me and motivated me to look deeper into the subject.
This article is dedicated to my first 100 followers, who inspire me to continue sharing knowledge about the crypto world. And especially to a friend, a philanthropist who encouraged me to start this path with a wise piece of advice: "Don't talk about what you're going to do, just do it. Share your achievements when they're done."
It was he who, when I asked him about Bitcoin, told me: "It is a technology that gives control to the people, something that governments will never accept." His words resonated with me and motivated me to look deeper into the subject.
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"Stop asking for advice and learn to manage risk!"
Tired of seeing people begging for signals to close or hold their futures positions? đ€ It's time for a dose of reality:
Investing vs. Betting: In spot, you invest in the asset for the long term. In futures, you bet on its direction with leverage. The difference is crucial!
The futures casino: Without risk management, Binance is like a casino where the house always wins. đ° Not controlling your risk only serves to measure the size of your pocket, not your skills as a trader.
Manage your capital: Define a percentage of your capital that you are willing to risk on each trade (e.g. 1%). Use stop-loss to limit losses and take profits based on your plan, not on emotions.
Investing vs. Betting: In spot, you invest in the asset for the long term. In futures, you bet on its direction with leverage. The difference is crucial!
The futures casino: Without risk management, Binance is like a casino where the house always wins. đ° Not controlling your risk only serves to measure the size of your pocket, not your skills as a trader.
Manage your capital: Define a percentage of your capital that you are willing to risk on each trade (e.g. 1%). Use stop-loss to limit losses and take profits based on your plan, not on emotions.
See original
On the way to 100 followers! But remember... #DYOR
#DYORđą
Hello crypto community! đ I'm excited to celebrate that we're already 25 followers đđȘ and we're on our way to 100! Thanks for joining me on this journey! But today, I want to talk to you about something crucial:#DYOR- Do Your Own Research.
My Life Lesson with Bitcoin #BTCđ„đ„đ„đ„đ„
In 2010, I was introduced to Bitcoin. I was swayed by other people's opinions and didn't invest. If I had done my research, I would have seen the potential. That lesson drives me to share this message with you today.
The Market Is Not Your Enemy
Hello crypto community! đ I'm excited to celebrate that we're already 25 followers đđȘ and we're on our way to 100! Thanks for joining me on this journey! But today, I want to talk to you about something crucial:#DYOR- Do Your Own Research.
My Life Lesson with Bitcoin #BTCđ„đ„đ„đ„đ„
In 2010, I was introduced to Bitcoin. I was swayed by other people's opinions and didn't invest. If I had done my research, I would have seen the potential. That lesson drives me to share this message with you today.
The Market Is Not Your Enemy
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DCA: Your Shield Against Cryptocurrency Volatility
Overwhelmed by the ups and downs of the crypto market? Looking to invest without predicting the future? Dollar-Cost Averaging (DCA) is your solution!
What is it?
Invest a fixed amount regularly, regardless of price. Build up gradually, avoiding trying to guess the best time.
Why is it great for crypto?
The crypto market is volatile. DCA protects you, buying more when the price goes down and less when it goes up.
Example:
Check out this TikTok video illustrating the power of DCA: https://vm.tiktok.com/ZMhY2wfxT/
Imagine investing $100 a month: I buy btc and your gold. let me know what you think
Psychological benefits
Eliminates the stress of predicting the market.
Encourages discipline,
avoiding impulsive decisions.
DCA vs. Other strategies
Reduce risk by cost averaging.
Simple and easy to follow.
Encourages discipline.
Accessible to everyone.
Conclusion
DCA harnesses crypto's potential without unnecessary risk. Build your financial future!
Remember! It's a long-term strategy. Stay consistent and you'll see your investment grow.
Ready to get started? Share and help others discover DCA!
Together we master volatility and achieve our goals!
Let me know what you think in the comments if you have any questions don't hesitate
Overwhelmed by the ups and downs of the crypto market? Looking to invest without predicting the future? Dollar-Cost Averaging (DCA) is your solution!
What is it?
Invest a fixed amount regularly, regardless of price. Build up gradually, avoiding trying to guess the best time.
Why is it great for crypto?
The crypto market is volatile. DCA protects you, buying more when the price goes down and less when it goes up.
Example:
Check out this TikTok video illustrating the power of DCA: https://vm.tiktok.com/ZMhY2wfxT/
Imagine investing $100 a month: I buy btc and your gold. let me know what you think
Psychological benefits
Eliminates the stress of predicting the market.
Encourages discipline,
avoiding impulsive decisions.
DCA vs. Other strategies
Reduce risk by cost averaging.
Simple and easy to follow.
Encourages discipline.
Accessible to everyone.
Conclusion
DCA harnesses crypto's potential without unnecessary risk. Build your financial future!
Remember! It's a long-term strategy. Stay consistent and you'll see your investment grow.
Ready to get started? Share and help others discover DCA!
Together we master volatility and achieve our goals!
Let me know what you think in the comments if you have any questions don't hesitate
See original
Spot vs. Futures: Investment or Gambling?
Spot vs. Futures: Investment or Gambling? đČ
$BTC $BNB $RUNE
Post body:
The world of cryptocurrencies offers a variety of ways to participate, but two markets stand out: the spot market and the futures market. What's the difference and which one is best for you?
Spot Market: The realm of ownership. Here you buy and own cryptocurrencies directly. It's like buying shares in a company: you own a part of it. Ideal for long-term investors, following Benjamin Graham's philosophy of investing in intrinsic value.
$BTC $BNB $RUNE
Post body:
The world of cryptocurrencies offers a variety of ways to participate, but two markets stand out: the spot market and the futures market. What's the difference and which one is best for you?
Spot Market: The realm of ownership. Here you buy and own cryptocurrencies directly. It's like buying shares in a company: you own a part of it. Ideal for long-term investors, following Benjamin Graham's philosophy of investing in intrinsic value.
See original
#MyFirstSquarePost
Your First Step to Financial Freedom (Without Gambling Your Future!)"
Welcome to Crypto for Dummies! If you've ever felt overwhelmed or intimidated by the world of cryptocurrencies, you've come to the right place! Here, we'll create a safe and friendly space where you can learn about cryptocurrencies at your own pace, without confusing technical jargon or unnecessary pressure.
In this channel, we'll focus on building a solid foundation for your journey in the world of cryptocurrencies. We'll learn about risk management, emotional control, and economic fundamentals, so you can make informed decisions and build a more secure financial future.
Demystifying Cryptocurrencies: Explains in simple terms based on analogies and everyday examples to make the concepts easy to understand. In this channel you can find as a main pillar the topic of Risk management is your best friend: It emphasizes the importance of investing only what you can afford to lose and diversifying your portfolio. Explains how to set profit and loss limits to protect your capital.Investments vs. Gambling: Addresses the âlong-term investmentâ versus âshort-term gamblingâ mindset head-on. Highlights the benefits of patience and research in the world of cryptocurrencies.
$BTC
If youâre ready to start your journey into the world of cryptocurrencies in a safe and informed way, be sure to subscribe to Crypto for Dummies! Weâll be uploading new content regularly to help you build your knowledge and confidence. Donât miss out on this opportunity to learn and grow together!
âWe want to hear from you! Do you have any questions about cryptocurrencies? Do you want to share your experiences or concerns? Leave a comment below and join the conversation! At Crypto for Dummies, we believe in the power of community and collaborative learning.â
Your First Step to Financial Freedom (Without Gambling Your Future!)"
Welcome to Crypto for Dummies! If you've ever felt overwhelmed or intimidated by the world of cryptocurrencies, you've come to the right place! Here, we'll create a safe and friendly space where you can learn about cryptocurrencies at your own pace, without confusing technical jargon or unnecessary pressure.
In this channel, we'll focus on building a solid foundation for your journey in the world of cryptocurrencies. We'll learn about risk management, emotional control, and economic fundamentals, so you can make informed decisions and build a more secure financial future.
Demystifying Cryptocurrencies: Explains in simple terms based on analogies and everyday examples to make the concepts easy to understand. In this channel you can find as a main pillar the topic of Risk management is your best friend: It emphasizes the importance of investing only what you can afford to lose and diversifying your portfolio. Explains how to set profit and loss limits to protect your capital.Investments vs. Gambling: Addresses the âlong-term investmentâ versus âshort-term gamblingâ mindset head-on. Highlights the benefits of patience and research in the world of cryptocurrencies.
$BTC
If youâre ready to start your journey into the world of cryptocurrencies in a safe and informed way, be sure to subscribe to Crypto for Dummies! Weâll be uploading new content regularly to help you build your knowledge and confidence. Donât miss out on this opportunity to learn and grow together!
âWe want to hear from you! Do you have any questions about cryptocurrencies? Do you want to share your experiences or concerns? Leave a comment below and join the conversation! At Crypto for Dummies, we believe in the power of community and collaborative learning.â
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