Why You Don’t Hit Your Trading Goal! 🚨

Here’s a shocking truth: Over 90% of crypto traders quit in their first year!

One of the main reasons is that they pursue the wrong goals.

In most cases, people start trading because they want to make money (nothing wrong with that). They set goals like “I want to make 10k in 3 months” or “100k in one year.”

The problem is that these are goals no one can control (even the world’s best trader couldn’t).

Uncontrollable goals lead to uncontrolled actions.

👉 The result: Traders make wrong decisions, lose money, and ultimately stop trading.

💡Here’s a better way to do it:
Successful people (not only in trading) usually focus on tasks, not goals.

Don’t get this wrong. Of course, they have goals.

But here’s the trick: They break down the goals into required tasks & focus on their execution.

It’s a small yet essential perspective change.

Let’s make this tangible 👇
Instead of focusing on making 100k, you break down this goal into required actions:

For example:
‣ Educate about trading: 1h daily
‣ Build trading strategies: 2h daily
‣ Backtesting: 3 times/week
‣ Document and automate processes: 2h/week
‣ Journal your trades daily
‣ Analyze your trades once a week

As a next step, you continue focusing on the execution of the actions, tracking, monitoring, and improving them.

This might sound boring, but it is exactly what you must do.

Alex Hormozi once said: Extraordinary accomplishments come from doing ordinary things for extraordinary periods.

And this is precisely what will happen if you consistently execute the defined tasks. You will reach the overall goal.

Summarized, here’s what you need to do to reach your trading goal:

✅ Set a goal
✅ Break it down into actionable tasks
✅ Execute the tasks consistently
✅ Celebrate your success!

If you want to be one of the crypto traders who don’t quit, you can check out Crypto OS. It’s the platform I developed based on the mistakes I made. It contains data-driven trade signals, backtests, trading bots, and much more. Check my X Profile for the link: @ben__crypto23
#trading

WINGS — Risky Trade, 16% Profit Potential, High Probability

$WING is one of the most interesting signals on the daily chart today.

Let's start with the critical fact: Despite the high historical probability, the trade is still risky!

Some moving averages are still bearish, and the ADX is weak.
However, on the other side, momentum indicators are neutral or bullish (MACD).

Let's talk about the signal: If you've followed my content for some time, you know that the Hyper Scalper signal is one of the most reliable.

Although the amount of historical appearances regarding WINGS is meager, the results are promising. Every appearance followed a price increase of more than 10% during the next 30 days.

In this case, the trade potential was calculated at 16.5%.

#TradeSignal #wingusdt #Altcoinseason2024

Bitcoin is still trading in its sideways channel. In order to get some serious traction it needs to break above 70k.

Increasingly number of altcoins are breaking out of their long term downward or sideways trend.

Looks like time for altcoins is here 🚀

Crypto Trading Status - 3rd June

After a mostly boring weekend price action, the crypto market starts mainly green into the new week.

Looking at the daily chart, the bullish signals are still outperforming the bearish.

Since the daily signals usually require some days to play out, we could see a bullish move soon.

TOP TRADES 🚀
The top trades on the 1D chart are currently $VGX $ALICE and $CHZ .

In terms of Voyager and Chiliz we are riding some nice shorts, whereas regarding My Neighbor Alice we are in the next wave of its massive pump.

Let's see what the week will bring. I will definitely post some trade setups later in the day.

Happy trading!

#TradingSignal #altcoins

$OMG and $WAVES — Two trade signals from the 15M chart that worked out perfectly.

Both short signals flashed right before a significant drop, leading to gains of >20% in just a couple of hours.

Congrats to everyone who traded it! Take your profits!

#TradeSignal #OMGUSDT #WAVESUSDT

JASMY - Apple Partnership⁉️ Overly Optimistic at best and most likely fake!

To get that straight at the beginning: I am a big fan of $JASMY and think it has a huge potential.

However, at the same time I prefer to stay realistic and separate confirmed news from fake.

➡️ What happened
Many JasmyCoin investors seem to think the project has partnered with Apple. As a result, JASMY has soared massively lately.

Nevertheless, to be honest, this is overly optimistic news at best and most likely fake.

➡️ The true part of the story
Tim Cook, Apple’s CEO agreed to add Japan’s “My Number” identification card functions onto iPhones. This was also confirmed by a spokesperson for the Japanese government.

The integration is a huge step since it is planned to collect tax and social security data into a single identification card for Japanese citizens.

➡️ The unconfirmed part of the story
Based on this news, JASMY investors started to spread the news that the cryptocurrency would also be integrated on iPhones.

But, there are currently no confirmed reports from Apple, Japan, or JasmyCoin that confirm this!

To get this clear: I am not saying that it isn’t possible that JASMY will be part of the deal.

However, at the moment there is ZERO evidence for it‼

#Jasmyusdt⚠️⚠️

What’s your Bitcoin weekend prediction? 👇

#Bitcoin $BTC

$SUSHI — 2 Bearish Signals on the Daily Chart — 11% Potential

Today, SUSHI flashed two bearish signals on the daily chart. Both signaling a downtrend potential of 11%.

Both signals have a quite high reliability. Out of 15 historical appearances the prices dropped more than 10% during the next 30 days.

Moreover, most trend signals look bearish. Additionally, momentum indicators are neutral.

#TradingStrategies #AltcoinInvesting #SUSHIUSD

Crypto Market Status — 1st June

May is over and Bitcoin closed in green. However, $BTC did not manage to close above 70k.

On the weekly chart it looks like Bitcoin has retest its breakout (successfully).

On the daily chart, we have the second day in a row with more bearish signals. And it were also the bearish signals that delivered the best performance during the last days.

$PEPE leads the pack of the most successful bearish signals. Trading the overbought RSI lead to gains of 11%.

So, let’s see what the weekend will bring.

Have a great Saturday and stay safe!

Can $JASMY reach $1?

Many comments asked for my JASMY long-term price prediction, and many specifically asked if I think JASMY can reach $1.

My answer is straightforward: Yes, I think it is possible that JASMY reaches $1.

Here's why and when this can happen 👇

Let's start with the limitations:
1️⃣ First off, JASMY won't hit $1 overnight. There won't be a single god candle but a bumpy road with pullbacks and corrections.
2️⃣ Secondly, to reach such heights, we need a fully-fledged bull run similar to 2020-2021.
3️⃣ JASMY needs to evolve and deliver the announced partnerships continuously.

If all of the above happens, I don't see a reason why JASMY shouldn't be able to reach $1.

➡️ JASMY has a circulating supply of ~49B tokens and a max. Token supply of 50B.
➡️ Accordingly, at a price of $1, JASMY's market cap would be ~50B.
➡️ To put that into relation, here are a few market cap numbers from the last bull run:

$ADA : 100B
$DOGE : 98B
$DOT: 50B

Therefore, it is definitely possible (based on the numbers) that JASMY reaches a 50B market cap.

🚀 Summarized: The crypto market is full of surprises. However, based on data and numbers, it is definitely possible that JASMY can reach $1.

1INCH — Decisive Moment — Back Into The Uptrend Channel?

So, here's an interesting one — please read carefully.

$1INCH flashed an overbought RSI signal on the daily chart today. As you can see on the backtests, the signal is usually highly reliable — at least for 2-5% gains and a reasonable probability for 10% and more.

However, I wouldn't go for a short trade. Here's why and what I would alternatively:

➡️ 1INCH hit the overbought territories very slightly and quickly returned to the neutral area.
➡️ The chart shows that 1INCH got rejected when trying to re-enter its long-term upward channel simultaneously.
➡️ As a result, we saw a 6% dip.

Since most of the oversold momentum indicators have already returned to neutral, I don't expect much more selling pressure.

Instead, I would assume a second test of the long-term trend. If we see another rejection, we will likely see a more significant pullback. However, if the resistance falls, opening a long position would be an excellent moment.

#TradingStrategies #AltcoinStrategies

$JASMY still looks strong. All smaller pullbacks were bought up quickly.

However, RSI has entered overbought territories on the 4H chart. That doesn’t mean we will see an immediate reversal - just be cautious.

#jasmyustd

Good morning crypto fam,

Quick market overview to kick off the day.

➡️ Bearish signals have taken the lead. On the daily chart we have 18 bearish signals and 8 bullish. Actually not the best setup right before the weekend starts.

➡️ When looking at the most reliable signals, Bollinger Bands and Power Scalper continue to perform extraordinarily well.

➡️ However, when looking at gains the EMA crossover and Hyper Scalper signal continue to outperform the rest.

I will post some setups for the hourly and daily chart later today.

#TradingStrategies

$AAVE printed a bullish EMA crossover signal on the daily chart.

The signal is triggered when the short term EMA rises above a long term EMA and usually indicates the start of a trend (in our case a bullish trend).

The historical success rate of the signal is quite promising: In 73% AAVE pumped more than 10% during the next 30 days.

Overall, technical indicators look promising and second the signal.

#AaveProtocol #altcoins #tradesignal

100% Bullish on higher timeframes, but making some quick gains shorting doesn't hurt.

Honestly, I didn't expect shorts to perform so well today ;)

$QNT $TRB $STEEM

#SHORT📉 #altcoins

There we go! Hello, 0.03 🚀🚀🚀

Hate to say I told you so :)

$JASMY #altcoins

$CHZ — Promising Signal on the Daily Chart 🚀

Looks like it is time for the Power Scalper as we see the signal quite often at the moment.

In terms of Chiliz it looks quite promising.

Backtests show good probabilities to reach 2%, 5% or even 10%,in the following 30 days.

$ENS — Power Scalper Signal — 25% Upside Potential

ENS has delivered an extraordinary performance pumped ~100%
during the last 2 weeks.

However, based on the latest trade signal, it looks like there's potential for more gains.

The Power Scalper signal incorporates three technical indicators: the Relative Strength Index (RSI), the Semaphore Signal Level Channel (SSL), and the Trend Direction Force Index. The strategy aims to profit from the last wave of a pump before a correction becomes likely.

In this case, the profit potential is calculated at 25%.

💡Overall Assessment
➡️ Logically, the momentum indicator already signals overbought territory for this strategy. This has to be monitored
➡️ From a chart perspective, there's also more upside potential to make a higher high compared to the level of March.
➡️ Due to the overall bullish sentiment, there's a good chance of more gains before a correction occurs.

💡Backtests
Backtests show that this signal is quite reliable on the daily chart. Here are the details based on 25 signals:
- For all 25 appearances, the price increased by 2% during the next 30 days.
- For all 25 appearances, the price increased by 5% during the next 30 days.
- In 64%, the price increased by 10% or more in the next 30 days.

#tradesignal #tradeAlert

Crypto Market Status 29th May - Ready for the Pump? 💥

After yesterday’s minor correction, the market is back in the green and pointing towards new heights.

As expected, $BTC continues to range between $67k and $70k. At the same time, many altcoins have broken out of their sideways or downward channel. $LINK and $JASMY are just two prime examples, among many others.

Personally, I expect some massive upside potential during the next weeks especially when updates about #ETHETFS are released. As a result, we should see a further decline in Bitcoin’s dominance.

Therefore, the game plan is relatively simple:
👉 Don’t chase green candles
👉 Wait for smaller pullbacks and hop on the most promising trade signals
👉 Go for tokens that have shown strength during the last days/weeks
👉 Enjoy the ride

#altcoins #tradingstrategy

Unfortunately, I got wiped out by the dip a couple of days ago.

However, $LINK is perfectly on track to challenge $20.

Todays‘s candle shows massive strength 💪

Long-term I’m still convinced that it’ll one of the top coins during the bull market. $100 should be possible imho.

#ChainlinkUpdate #Altcoins👀🚀