đšđšThis post is gonna make you rich. đđđđđđ . It has been proven that trading is more of psychology than technical analysis so keeping a healthy mind is very essential
Here are some things I do to Improve my psychology and keep a healthy mind:
1. Set specific trading goals 2. Practice mindfulness and meditation 3. Keep a trading journal 4. Stay informed about market trends 5. Learn from your mistakes
Small steps can lead to significant progress in improving your mindset and overall profitability.
Like the post & please follow for such an amazing content â€ïžđ
đđđ Linea (TBA): The Next Big Thing in DeFi?
đšIntroduction:LineaTBA is a decentralized finance (DeFi) protocol that allows users to create, trade, and manage synthetic assets. Synthetic assets are derivatives that track the price of an underlying asset, such as a stock, commodity, or cryptocurrency. LineaTBA's synthetic assets are called "Liquids" and they are cross-chain compatible, meaning that they can be traded on multiple blockchains.LineaTBA is still in its early stages of development, but it has the potential to revolutionize the DeFi space. By making synthetic assets more accessible and affordable, LineaTBA can open up new investment opportunities for users and make the DeFi market more efficient.đšWhat makes LineaTBA unique?There are a few things that make LineaTBA unique among other DeFi protocols.Cross-chain compatibility: LineaTBA's Liquids are cross-chain compatible, meaning that they can be traded on multiple blockchains. This is a major advantage over other synthetic asset protocols, which are typically limited to one blockchain.Non-custodial: LineaTBA is a non-custodial protocol, meaning that users control their own assets at all times. This is in contrast to many other DeFi protocols, which require users to deposit their assets into a smart contract.Delta-one assets: LineaTBA's Liquids are delta-one assets, meaning that they track the price of the underlying asset very closely. This makes them ideal for investors who want to gain exposure to an asset without having to buy the asset itself.đšHow does LineaTBA work?LineaTBA works by using a system of "Liquid pools." Liquid pools are smart contracts that hold the collateral assets that are used to back Liquids. When a user creates a Liquid, they deposit collateral into the Liquid pool. The Liquid pool then uses this collateral to create a synthetic asset that tracks the price of the underlying asset.Users can then trade Liquids on the LineaTBA exchange. The LineaTBA exchange uses a unique algorithm to match buyers and sellers of Liquids. This algorithm ensures that users can always get a fair price for their Liquids, regardless of the market conditions.đšBenefits of using LineaTBAThere are a number of benefits to using LineaTBA, including:Access to a wider range of assets: LineaTBA allows users to gain exposure to a wider range of assets than they could otherwise. This includes assets that are not traded on traditional exchanges, such as stocks and commodities.Lower fees: LineaTBA's fees are significantly lower than the fees charged by traditional exchanges. This is because LineaTBA is a decentralized protocol and does not have to pay any intermediaries.More efficient markets: LineaTBA's cross-chain compatibility and non-custodial nature make it possible to create more efficient markets for synthetic assets. This is because users can trade Liquids on multiple blockchains and do not have to worry about their assets being locked up in a smart contract.đšWhat does the future hold for LineaTBA?LineaTBA is a relatively new protocol, but it has the potential to revolutionize the DeFi space. By making synthetic assets more accessible and affordable, LineaTBA can open up new investment opportunities for users and make the DeFi market more efficient.Here are a few specific ways that LineaTBA could be used in the future:Hedging: LineaTBA could be used to hedge against risk. For example, an investor could create a Liquid that tracks the price of gold in order to hedge against inflation.Investing in new markets: LineaTBA could be used to invest in new markets that are not accessible through traditional exchanges. For example, an investor could create a Liquid that tracks the price of a stock that is traded on a foreign exchange.Creating new financial products: LineaTBA could be used to create new financial products, such as synthetic ETFs and structured products. These new products could make it easier for investors to diversify their portfolios and achieve their financial goals.đšConclusionLineaTBA is a promising new DeFi protocol that has the potential to make synthetic assets more accessible and affordable. If LineaTBA is successful, it could revolutionize the DeFi space and open up new investment opportunities for users.#Binance #LINEA #CryptoTalks #bitcoin #DeFiChallenge $BTC
đšđš Few Tips for the next 6 Months. đđ .
1. Avoid all Debates on Twitter. Focus on your trading.
2. Don't let tweets form your narrative.
3. Avoid shorting coins which have high spot buying.
4. Make friends with people you like, but not enemies with those you dislike.
5. Crypto market will repeat it's cycle not because of history but because of greed of retail. Use this retail to your benefit. This time is no different.
6. Putting any amount of focused effort to learn puts you in the top 1% easily. The competition is this easy.
đšRead this out if youâre into crypto đđ
đHere are 10 things to keep in mind:
1. Keep booking profits as you go.
2. VCs, founders, and the media are not your friends.
3. Never plan for your lifestyle based on your bull market networth.
4. Donât be greedy and try to time the market, 99% of people who succeed in a bull run are hodlers.
5. Optimists look naive but get rich. Don't try to short at the top.
6. Don't get excited and immediately quit your job.
7. Donât burn your bridges.
8. Keep learning and building. Knowledge and network are your biggest assets.
9. Donât be a hero. Donât have an ego. Always question yourself and your ability. Donât ever feel that you are very good. The second you do, you are dead.
10. You can achieve your dreams overnight but also lose them in a blink.
Bitcoin: The digital gold that keeps on shining âĄïž
Bitcoin has been on a tear lately, breaking through key resistance levels and showing no signs of slowing down. As more and more people adopt Bitcoin, its value is only going to continue to rise.
Here are just a few of the reasons why Bitcoin is such a sound investment: đđđ
â Limited supply: There will only ever be 21 million Bitcoins in existence, making it a scarce asset.
â Decentralized: Bitcoin is not controlled by any government or central bank, making it immune to manipulation.
â Global: Bitcoin can be used to send and receive payments anywhere in the world, 24/7. Secure: Bitcoin is built on blockchain technology, which is a secure and transparent way of storing data.
If you're not already invested in Bitcoin, now is the time to do so.
Don't miss out on the opportunity to own a piece of the future of finance. đđ
đš Bitcoin Market Cap Could Rise by $1 TrillionâŠ
Bitcoin Market Cap Could Rise by $1 Trillion After Spot ETFs Launch, According to CryptoQuant ReportBitcoin (BTC) is the world's largest cryptocurrency by market capitalization, and it has been on a tear lately. The asset has gained over 50% in value in the past month alone, and it is now trading at over $30,000.One of the reasons for Bitcoin's recent surge is the anticipation of the launch of spot ETFs. Spot ETFs are investment vehicles that track the price of an underlying asset, such as a stock or commodity. In this case, the underlying asset would be Bitcoin.Spot ETFs are different from futures ETFs, which track the price of Bitcoin futures contracts. Futures contracts are agreements to buy or sell an asset at a predetermined price on a future date.Spot ETFs offer a number of advantages over futures ETFs. First, spot ETFs are more direct and easier to invest in. Second, spot ETFs are typically more liquid and have lower fees than futures ETFs.According to a recent report by CryptoQuant, a crypto analytics firm, the launch of spot ETFs could cause the Bitcoin market cap to rise by as much as $1 trillion.The report states that the asset managers who are applying for spot ETFs have a combined $15.6 trillion in assets under management. If these asset managers invest just 1% of their AUM in Bitcoin, the BTC market cap would increase by $155 billion.The report also states that the launch of spot ETFs could lead to a surge in new investment into Bitcoin. This is because spot ETFs would make it easier and more convenient for investors to invest in Bitcoin.Overall, the launch of spot ETFs is a major bullish event for Bitcoin. It has the potential to bring a wave of new investment into the asset and to drive its price to new all-time highs.Here are some of the reasons why spot ETFs could have a major impact on the Bitcoin market:Spot ETFs would make it easier and more convenient for investors to invest in Bitcoin.Spot ETFs would be more liquid and have lower fees than futures ETFs.Spot ETFs would attract new investors to Bitcoin, including institutional investors.Spot ETFs would give Bitcoin more legitimacy and credibility in the eyes of the mainstream financial world.If Bitcoin's market cap does rise by $1 trillion after the launch of spot ETFs, it would be a major milestone for the asset. It would mean that Bitcoin would be worth more than all of the world's gold reserves combined.It is important to note that the CryptoQuant report is just a prediction, and there is no guarantee that Bitcoin's market cap will actually rise by $1 trillion after the launch of spot ETFs. However, the report does highlight the potential for spot ETFs to have a major impact on the Bitcoin market.#etf #Binance #crypto2023 #cryptocurrency #cryptonews $BTC
Success in trading is hard, and that's a good thing. If it were easy, it wouldn't be worth it. The struggle is what makes success so rewarding. Embrace the challenge! â€ïž #Binance #bitcoin #crypto2023 #cryptocurrency #CryptoTalks $BTC