Hello 🧡 friends I m a crypto algo trader... making profit from binance webhook strategy and trading view features.. follow me to know more and more about it..
why you are taking so much leverage when you no market can move in any direction... have you ask any expert before taking big leverage. remember guys .. trading is not a gambling
Chainlink (LINK) is a decentralized oracle network that connects smart contracts to real-world data, events, and payments. The Chainlink token (LINK) is the native cryptocurrency of the Chainlink network.
*Token Details - *Token Type:Utility Token - *Blockchain: Ethereum (ERC-20) - *Consensus Algorithm: (PoS) - *Total Supply:* 1,000,000,000 LINK - *Circulating Supply:* Approximately 400,000,000 LINK
*Use Cases*
1. *Smart Contract Execution:* LINK is used to pay for the execution of smart contracts on the Chainlink network. 2. *Oracle Services:* LINK is used to pay for oracle services, which provide real-world data to smart contracts. 3. *Node Operations:* LINK is used to incentivize node operators to provide reliable and secure oracle services. 4. *Governance:* LINK holders can participate in the governance of the Chainlink network by voting on proposals.
*Key Features*
1. *Decentralized Oracle Network:* Chainlink provides a decentralized oracle network that connects smart contracts to real-world data. 2. *Secure and Reliable:* Chainlink's oracle services are secure and reliable, ensuring that smart contracts receive accurate and trustworthy data. 3. *Flexible and Customizable:* Chainlink's oracle services can be customized to meet the specific needs of smart contracts. 4. *Scalable:* Chainlink's decentralized architecture enables it to scale to meet the needs of a large number of smart contracts.
*Partnerships and Integrations*
1. *Ethereum:* Chainlink is integrated with the Ethereum blockchain. 2. Chainlink has also integrated with other blockchain platforms, including Binance Smart Chain, Solana, polkadot and Cosmos.
Chainlink's LINK token is a utility token that plays a critical role in the Chainlink network. With its decentralized oracle network, Chainlink provides a secure and reliable way for smart contracts to access real-world data. As the demand for decentralized oracle services continues to grow, the value of LINK is likely to increase.
Use Cases 1. *Fast and Private Transactions:* Verge aims to provide fast and private transactions using its Wraith Protocol, which enables users to make transactions without revealing their IP addresses. 2. *Micropayments:* Verge's low transaction fees make it suitable for micropayments. 3. *E-commerce:* Verge can be used for online transactions, providing a secure and private payment option.
Key Features 1. *Wraith Protocol:* Verge's Wraith Protocol enables private transactions by hiding IP addresses. 2. *RingCT:* Verge uses RingCT (Ring Confidential Transactions) to provide an additional layer of anonymity. 3. *Multi-Algorithm Mining:* Verge supports multiple mining algorithms, including Scrypt, X17, and Lyra2REv3.
History and Development 1. *Launch:* Verge was launched in 2014 as DogeCoinDark (DOGED). 2. *Rebranding:* In 2016, the project was rebranded as Verge (XVG). 3. *Partnerships:* Verge has partnered with various companies, including MindGeek, a leading adult entertainment company.
Market Performance 1. *Market Capitalization:* Verge's market capitalization is around $150 million.$BTC
Exchanges and Wallets 1. *Exchanges:* Verge is listed on various cryptocurrency exchanges, including Binance, Huobi, and Bittrex. 2. *Wallets:* Verge has its own official wallet, as well as support for third-party wallets like Electrum and Coinomi.
Please note that the information provided is subject to change and might not be up-to-date. It's essential to conduct your own research and consult with financial experts before making any investment.
SUI Token is the native cryptocurrency of the Sui blockchain, a decentralized, proof-of-stake (PoS) blockchain platform designed for building scalable, user-friendly decentralized applications (dApps). Here's a detailed overview of the SUI Token:
*Tokenomics:*
1. *Token Name:* SUI 2. *Token Type:* Utility Token 3. *Total Supply:* 10,000,000,000 SUI 4. *Circulating Supply:* Approximately 30% of the total supply (3,000,000,000 SUI) 5. *Token Distribution:* - 30% for the Sui Foundation - 20% for the Sui Labs (development team) - 15% for strategic partners and investors - 10% for the community (via airdrops, contests, and other initiatives) - 25% for the ecosystem development fund
*Use Cases:* 1. *Transaction Fees:* SUI is used to pay for transaction fees on the Sui blockchain. 2. *Staking:* SUI holders can participate in the proof-of-stake (PoS) consensus mechanism by staking their tokens. 3. *Governance:* SUI holders can participate in the governance of the Sui blockchain by voting on proposals. 4. *Decentralized Applications (dApps):* SUI can be used as a utility token for various dApps built on the Sui blockchain.
Key Features: 1. *Scalability:* Sui blockchain is designed to support high-performance and scalability. 2. *Security:* Sui uses a proof-of-stake (PoS) consensus mechanism, which is more energy-efficient and secure compared to proof-of-work (PoW). 3. *User-Friendly:* Sui blockchain is designed to provide a seamless user experience for developers and users. 4. *Decentralized Governance:* Sui has a decentralized governance model, which allows SUI holders to participate in decision-making processes. Roadmap: 1. *Q4 2022:* Sui Mainnet launch 2. *Q1 2023:* Sui Wallet and Explorer launch 3. *Q2 2023:* Decentralized Application (dApp) development and deployment 4. *Q3 2023:* Sui Governance and Staking mechanism launch.
Please note that the information provided is subject to change and might not be up-to-date. It's essential to conduct your own research and consult with financial experts before making any investment.
I don't use stop loss instead of it I used heaging so that your capital is instant and you can make money on both direction.. on future trading.. but yes in spot it's mandatory
Maher Asad Raza
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How to Use a Stop Loss Effectively
A stop loss is a powerful risk management tool used by traders and investors to limit potential losses in the financial markets. Whether you're trading stocks, forex, cryptocurrencies, or any other asset, understanding how to use a stop loss effectively can help protect your capital and maintain disciplined trading.
What is a Stop Loss? A stop loss is an order placed with your broker to sell (or buy, in the case of short positions) a security once it reaches a specific price. This ensures that you exit the trade before losses grow beyond your tolerance.
Why Use a Stop Loss? 1. Risk Management: Protects your capital from significant losses. 2. Emotion Control: Removes emotional decision-making during market fluctuations. 3. Consistency: Helps maintain a systematic approach to trading.
How to Set a Stop Loss 1. Determine Your Risk Tolerance Decide how much of your capital you’re willing to lose on a single trade. A common rule is to risk no more than 1-2% of your total portfolio per trade. 2. Analyze Key Levels Use technical analysis to identify support and resistance levels. Set your stop loss below support (for long trades) or above resistance (for short trades) to avoid being stopped out by normal price fluctuations. 3. Use the Right Type of Order Fixed Price Stop Loss: A specific price level where you exit the trade. Trailing Stop Loss: Adjusts automatically as the market moves in your favor, locking in profits while protecting against downside. 4. Adapt to Market Volatility In highly volatile markets, give your trade more room to breathe by setting a wider stop loss. Adjust your position size accordingly to maintain your risk tolerance.
Example of Stop Loss Usage Suppose you buy a stock at $100, and you’re willing to risk 5%. You set your stop loss at $95. If the price falls to $95, your stop-loss order triggers, limiting your loss to 5%.
Common Mistakes to Avoid 1. Placing Stops Too Close: Tight stops may trigger prematurely due to normal market noise. 2. Ignoring Stop Losses: Moving or removing stop losses out of fear of losing can lead to bigger losses. 3. Overleveraging: Using too much leverage with inappropriate stop-loss placement can wipe out your account quickly.
Final Thoughts Using a stop loss is crucial for trading success. It protects your capital, enforces discipline, and helps you trade with confidence. Make sure to plan your trades carefully, set realistic stop-loss levels, and stick to them regardless of market emotions. #2024withBinance #BURNGMT
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but you can make profit if you have good strategy and proper tools ..
trading is a business not gambling..
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Remember, this is not investment advice, and you should always do your own research and consider your risk tolerance before making any investment decisions.
I'll provide a brief analysis of the Dogecoin (DOGE) using the Supertrend indicator. Please note that this is not investment advice, and you should always do your own research and consider your risk tolerance before making any investment decisions.
_Dogecoin (DOGE) Analysis (1-month chart)_
Using the Supertrend indicator with the following settings:
- Length: 10 - Multiplier: 3
Here's a brief analysis of the chart:
Current Price: $0.4212 Supertrend: Bullish (green line above the price)
Observations:
- The Supertrend indicator has been bullish for the past 20 days, indicating a strong uptrend. - The price has been making higher highs and higher lows, confirming the bullish trend. - The Relative Strength Index (RSI) is around 55, indicating a moderate momentum.
_Stop Loss and Take Profit Recommendations (1-month returns)_
Based on the analysis, here are some stop loss and take profit recommendations:
- Stop Loss: $0.3780 (around 10% below the current price) - Take Profit 1: $0.4910 (around 16% above the current price) - Take Profit 2: $0.5910 (around 40% above the current price)
Rationale:
- The stop loss is set around 10% below the current price to account for potential pullbacks. - Take Profit 1 is set around 16% above the current price, aiming to capture a moderate gain. - Take Profit 2 is set around 40% above the current price, aiming to capture a more substantial gain if the trend continues.
Please note that these recommendations are based on a 1-month chart and are subject to change. You should always monitor the market and adjust your strategy accordingly.
Remember, this is not investment advice, and you should always do your own research and consider your risk tolerance before making any investment decisions.
how I an making money my strategy is like I done before some Day... DCA it and here is the result ...
I'll provide a brief analysis of the PEPE meme coin using the Supertrend indicator. Please note that this is not investment advice, and you should always do your own research and consider your risk tolerance before making any investment decisions.
*PEPE Meme Coin Analysis (1-month chart)*
Using the Supertrend indicator with the following settings:
- Length: 10 - Multiplier: 3
Here's a brief analysis of the chart:
Current Price: $0.00000196 Supertrend: Bullish (green line above the price)
Observations:
- The Supertrend indicator has been bullish for the past 10 days, indicating a strong uptrend. - The price has been making higher highs and higher lows, confirming the bullish trend. - The Relative Strength Index (RSI) is around 50, indicating a neutral momentum.
*Stop Loss and Take Profit Recommendations (1-month returns)*
Based on the analysis, here are some stop loss and take profit recommendations:
- Stop Loss: $0.00000160 (around 18% below the current price) - Take Profit 1: $0.00000235 (around 19% above the current price) - Take Profit 2: $0.00000290 (around 49% above the current price)
Rationale:
- The stop loss is set around 18% below the current price to account for potential pullbacks. - Take Profit 1 is set around 19% above the current price, aiming to capture a moderate gain. - Take Profit 2 is set around 49% above the current price, aiming to capture a more substantial gain if the trend continues.
Please note that these recommendations are based on a 1-month chart and are subject to change. You should always monitor the market and adjust your strategy accordingly.
Remember, this is not investment advice, and you should always do your own research and consider your risk tolerance before making any investment decisions.
one more push and it will go above $100000...wait for alt season is coming. enjoy trading and make more and more money..best of luck to all of you... follow me to know me algo trading strategies thru webhook and trading view ...