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Like⚠️⚠️ DON'T FALL INTO THESE 5 CRYPTO TRAPS! 🪤 🟥 Your Favorite Influencer Shilling a new Coin: You see the YouTuber you've been following for years suddenly getting really bullish on a random altcoin with a dumb face thumbnail. "This one is truly a 100x gem guys, generational buying opportunity right here." Surely they've done their due diligence, right? Right?? 🟥 The "Last Chance to Buy Under $X" Posts: Speculation and FOMO are hitting a fever pitch, with people seemingly trying to outbid each other on hopium prices. Everyone's hyping why this is definitely going to be a life-changing investment if you buy now before it's too late. 🟥 Cult-Like Behavior Around a Project If any criticism or skepticism towards a project gets instantly dogpiled by a horde of rabid supporters, that's a huge red flag. The echo chamber reinforcing itself as community members compete to out-loyal each other is a classic sign of a cult mindset taking over 🟥 "This [insert random shit coin] will make you a Millionaire!" An endless supply of get-rich-quick videos promising to reveal the secrets to financial freedom through buying "secret" new coins. Don't follow channels thriving on dreaming of mansions, lambos and models on beaches. A surefire indication of peaking irrationality. 🟥 "This Time It's Different" is Famous Last Words: Every rally looks unstoppable until it doesn't. Like if you agree and follow me for more tips. Peace🤞 #LearnFromMistakes #btc #Solana⁩ #eth #LearningExperience

Like⚠️⚠️ DON'T FALL INTO THESE 5 CRYPTO TRAPS! 🪤

🟥 Your Favorite Influencer Shilling a new Coin:

You see the YouTuber you've been following for years suddenly getting really bullish on a random altcoin with a dumb face thumbnail. "This one is truly a 100x gem guys, generational buying opportunity right here." Surely they've done their due diligence, right? Right??

🟥 The "Last Chance to Buy Under $X" Posts:

Speculation and FOMO are hitting a fever pitch, with people seemingly trying to outbid each other on hopium prices. Everyone's hyping why this is definitely going to be a life-changing investment if you buy now before it's too late.

🟥 Cult-Like Behavior Around a Project

If any criticism or skepticism towards a project gets instantly dogpiled by a horde of rabid supporters, that's a huge red flag. The echo chamber reinforcing itself as community members compete to out-loyal each other is a classic sign of a cult mindset taking over

🟥 "This [insert random shit coin] will make you a Millionaire!" An endless supply of get-rich-quick videos promising to reveal the secrets to financial freedom through buying "secret" new coins. Don't follow channels thriving on dreaming of mansions, lambos and models on beaches. A surefire indication of peaking irrationality.

🟥 "This Time It's Different" is Famous Last Words: Every rally looks unstoppable until it doesn't.

Like if you agree and follow me for more tips. Peace🤞

#LearnFromMistakes #btc #Solana⁩ #eth #LearningExperience

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Multidimensional Guide to Trading - The Five Principles 1. Macro Aspect We refer to financial markets here, mainly the Nasdaq (IXIC) and cryptocurrency markets. Their trends are closely tied, especially as crypto develops healthily. Grasping macro dynamics and their resonance with crypto can supplement your trading. 2. Technical Aspect The technical aspect is broad, encompassing many theories and experiences. I prefer the left-side harmonic pattern trading and right-side structural trading approaches. In ranging markets, left-side catching bottoms/tops avoids emotional trades from whipsaws. Right-side suits trends better - even suboptimal entries can profit by riding the trend with proper sizing. True momentum trading is "chasing highs and lows" with the trend. But experienced traders confirm breakouts before entering to avoid false moves. 3. News/Data Aspect Behind trends lie fundamental drivers - the news/data aspect. News/data decisively impacting markets are crucial indicators to watch. We must monitor FOMC meetings influencing market liquidity. Regulatory developments also significantly impact crypto. Large institutions and traders all rely on news/data to determine trajectories, as markets won't move without catalysts. Short-term data like non-farm payrolls, unemployment, CPI etc. also influence FOMC decisions. 4. Sentiment Aspect Market sentiment extremes mark major tops/bottoms, seen via news, reports, anecdotes etc. Excessive greed signals tops, fear indicates bottoms. 5. Meme Coin Aspect Meme coins have low liquidity but attract speculators with their wealth effect during consolidations. Analyzing high volume leaders and identifying resonant chart patterns can confirm meme coin trajectories. Overall market cap metrics like Total3 are also useful for analyzing the meme coin aspect. Applying these principles requires combining analysis with strategies over the long-term. Follow for more. #hottrends #sol #btc
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⚠️Crypto Watch: Key Economic Events This Week (April 10th - 11th) That Could Impact Your Portfolio 🔷️Wednesday, 10th of April 🟥New Zealand's Interest Rate Decision: The Reserve Bank of New Zealand (RBNZ) could set the tone for global markets. A surprise increase in rates might signal a more risk-averse sentiment, which could spill over into cautiousness for crypto assets. Conversely, a rate hold or decrease could encourage risk-on trading, benefiting the crypto market. 🟥US Inflation Data (Consumer Price Index - CPI): This is a crucial metric for gauging inflationary pressures. If inflation comes in higher than expected, it could stoke fears of more aggressive interest rate hikes from the Federal Reserve, potentially pressuring crypto prices. Lower-than-anticipated inflation could provide some relief and boost risk-on assets like cryptocurrencies. 🟥Federal Reserve Minutes Release: Minutes from the previous Federal Open Market Committee (FOMC) meeting will give investors detailed insights into the rationale behind policy decisions. Look for any shifts in language about inflation expectations or rate hike trajectories, both of which can significantly impact cryptocurrency markets. 🔷️Thursday, 11th of April 🟥Chinese Inflation Data: China's inflation numbers can affect gold prices. Historically, gold has had an inverse relationship with crypto, so a spike in gold could mean investors shifting money away from crypto and vice-versa. 🟥European Interest Rate Decision: The European Central Bank (ECB) will announce its interest rate decision, a major driver of the Euro's value. Changes in the Euro can impact the USD, creating ripples in the crypto market due to the complex interplay of these currencies. 🟥US Producer Price Index (PPI): This data measures inflation from the perspective of businesses. Steep increases in PPI can point to future consumer inflation, raising concerns about potential Fed action and putting pressure on riskier assets like cryptocurrency. $BTC $SOL #hottrends #sol #BullorBear #BTCHalvingApril2024
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Don't Screw Up the Crypto Bull Market: 10 Tips for Success The cryptocurrency market is notoriously volatile, with fortunes made and lost in the blink of an eye. But that doesn't mean you can't come out ahead. This post shares essential strategies to survive – and thrive – during a bull run. 1. Learning is Power The crypto space is constantly evolving. Challenge your assumptions, seek out new (Credible) information, and never stop learning. 2. Manage Your Money Funnel It's tempting to throw all your gains back into high-risk plays. A wiser strategy is to take a portion of your high-risk profits and invest them into lower-risk options, like established cryptocurrencies or even assets outside of the crypto market such as etf stocks. 3. Focus on Your Strengths Don't try to master every niche in the crypto market. Hone in on your strengths, whether it's gaming, AI, new blockchains, or DeFi. Over-diversification leads to underperformance.. 4. Manage Your Risk Risk management is crucial. Understand TA, use proper position sizing, and never invest money you can't afford to lose. 5. Embrace Your Mistakes Everyone makes bad calls. Learn from them and move on quickly. Dwelling on mistakes won't make you any money. 6. Cut Losers Don't get attached to underperforming coins. Shift your focus to where you're seeing success. The market rewards decisiveness. 7. Focus on YOUR Portfolio Don't compare yourself to others and their flashy profits. The only portfolio that matters is yours. 8. This is Player vs. Player Most people in crypto are out to benefit themselves – sometimes at your expense. Remember, someone else might be buying at the peak when you wisely choose to take profits. It's your money against theirs. 9. Be Accountable, Not a Victim No one forced you to buy or sell. Taking responsibility is the only way to learn and improve. 10. Take Profits or Lose Them The market will erase your gains if you don't exit strategically. Do you want to be the one holding the bag at the top or cashing out juicy $? The choice is yours. #HotTrends #sol
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