$USUAL is down at 4h chart but up on 1h, 30min, 15min, 5min.
Its good price, 1.07-1.10
It can be bullish on Monday.
I request everyone to check yourself, I am not investment advisor. Crypto market is highly volatile. I share what i observe, it can go against the expectations.
Are you worried for your investment if the market is red? #bearish
Always do your own research before making any financial decision. This is not a investment suggestion. It's for informational purpose.
There are two simple ways to recover your investment at breakeven or with the profit.
I saved 489 $USUAL tokens as profit by applying the method 2.
Method #1. Wait, you can either sell at loss or wait for a next few days to get the price up (of course, you need to check charts, research, check social media, and market trends).
Market may return back to the prices in few days, weeks and can take years. But sometimes, price never comes back. You may see hundreds of examples like $LUNC
Method #2.
#DCA - Dollar cost average. It's bit tricky but it works most of the times, especially for me.
Being new in the market, i also did mistakes and learnt from them.
I bought $CLV in november, it's price was 0.12 per token (hoping to see more green and sell at good profit). All of sudden, it went down. I had two options, the first one i shared with you and the secod one i am doing to cover my loss.
At the time of writing, it's being traded between 0.068 to 0.075.
Letās take help from math =. (All these are to help understand DCA, not a financial advice).
For example, you bought 1000 tokens for 0.12 each, that means the total investment is $120
The price went down to 0.7, It means the total investment is $70, you need $50 profit to reach $120.
So here's how DCA can help you maintaining average cost or make profit to cover the loss.
Check the market, if you see the market is sideways and will be sideways for next few days.
Buy the dip and sell the peak (it can take time, you can use buy limit or sell limit order types).
For example, you buy 100 tokens at 0.07050 and sell the 100 tokens at 0.07145.
Buying = 7.05 Selling = 7.145
Profit = 0.095
If you divide all these to your initial investment of 1000 tokens, the average cost will be 0.1199 instead of 0.12.
I do not do financial advice but can share my favorites, should I?
Razzi Sheikh
--
Bullish
mentioned that $USUAL is going to change the game.
it's just started, it's gonna change life if you can control your emotional decisions.
I have saved 489 #usual as profit from day trading starting from pre-listing till this post, holding is different ;-).
I am not investment advisor, each human has different risk/reward tolerance & expectations. it's you choice. I shared what I did with $usual and prefer in every trade.
it's simple, record each trade with buying and selling price. Do not sell everything. I sell approx 90-95% and keep 5-10%. It recovers principal and keep profit in coins.
Razzi Sheikh
--
Bullish
mentioned that $USUAL is going to change the game.
it's just started, it's gonna change life if you can control your emotional decisions.
I have saved 489 #usual as profit from day trading starting from pre-listing till this post, holding is different ;-).
$USUAL has been lucky for me. made highest profit in last 30 days (specially in last 7 days) .. are you waiting for #USUALSpotLaunch like me? ready buy dips š
I have made an investment of 8000 usd in 2023. My investment already tripled up means it has become 24000 usd. Only one year has passed, my investment is for 15 years, should I take the profit or do as per my plan??
Do you need leverage to make big profits in crypto?
The answer is a BIG NO!
All altcoins are leverage on Bitcoin and Ethereum, and they were designed for that. Simply altcoins are designed to multiply the profits you can get if you buy Bitcoin or Ethereum. For example, in 2022, Bitcoin collapsed to $16,000 and Solana to $9.
Today, Bitcoin is $100,000, while Solana is $245. Bitcoin has made 6x, while Solana has made 27x during the same period, is that clear? Solana was a leverage on Bitcoin as all altcoins! So, why burn your money with high leverage when the market itself gives you better opportunities with less risk.
This is my principle always: reduce risk! After reducing risk, the inevitable result is PROFIT.
What you need to do to win in this market without stopping is to adhere to the following:
1- Always trade spot and completely leave the leverage. The most profitable person from Bitcoin in history is Satoshi and he never used leverage on Bitcoin!
2- Never look at small frames like 1 minute or 15 minutes because they mean nothing at all.
3- Always look at the big chart, don't buy a coin that made 500% in a month or 3 months, but buy a coin that spent 3 months in sideways trading near the bottom!
4- Try to seize the easy opportunities that the surrender candles and fast liquidation candles offer you, I think this method is sure to make a fortune here.
5- Don't love or hate a coin! Focus only on your portfolio and always look for profit.
6- Don't follow analysts but follow traders and distinguished lead traders (ahem, like me!).
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