Let me explain my thinking here. This might give you some ideas or you might find this information useful in some other way. However you use it, is completely up to you. My intentions are light and life. Regardless of what the market does and what happens now and in 2025, I am truly rooting for your financial growth and personal success. I want we all to grow, truly; and we've been doing this for a long time but there can be more. We are on the verge of a major bull-market, and right now is the time, a great opportunity, to prepare your positions, to build your portfolio, to later enjoy amazing growth.
Today is a new Moon day. This is the last new moon of the year.
The new Moon is a time to set intentions. Let's do it together. We want mental clarity for better decision making when trading. We want financial growth, health, wealth and success. We accept tons of profits in 2025 and beyond. And we will continue to share, communicate and trade together long-term.
Shall we get to this chart?
Thanks a lot for your continued support.
We are already LONG #SOLUSDT (Solana) with leverage. We are using between 3-7X. Leveraged trading is for experienced traders only.
How we are doing it with this one is by developing an entry range. We have this range, shown on the chart, where we use to buy and accumulate. There are no mistakes. The only mistake that can be made is using too much leverage. If we put in too much lev., the market will sniff us out and move to liquidate our position, so we keep it small. When the next move is in, this is will be confirmed by very strong bull (green) volume, we can maximize leverage but still, within reasonable numbers. Never putting ourselves (our money) at risk.
It is better to earn a safe and secure 200% on a small rise, than earn 500% on a position that is weak and filled with anxiety. Sometimes we can get this anxiety filled 500% but in the majority of cases it will result in a loss. While the well thought-out position will give us peace of mind, great profits and the ability to continue to play long-term. This continuing to play long-term is what we need. If you can win 10%, over and over, again and again; you already did it. The big waves and big profits will come in, trust me, but for this you have to have capital and the capital is protected and secure by using very low risk. When in doubt, reduce leverage (trim your position) or go spot.
Opportunities are endless so you can never go wrong. Say you reduce your position and the market advances, never think that you made a mistake or you missed on some profits. It can truly be that the market can only advance because you reduced your position. Thousands of people did the same and thus there is less greed, less weight so the market can move ahead. It is a pretty advance game. If the participants become greedy, the market can see this and moves to remove this greed. When the players are strong and secure in their positions, the market is happy and it grows. The grows translate into winning trades and success for us.
Let's get back to Solana. The only mistake that can be made is using too high leverage. You can literally start with 1X or 2X. You don't have to be 100% right and that's why you start small. When the next advance is on, the signals will be pretty clear and I will be here posting, at this point we push the gas, so to speak, as there is no going back. There is a certain point when the next move is decided so the market can no longer adapt. If you stay out and vigilant, you can catch those moves and that's when the big profits are made. Trying to catch small swings can result in whipsaw and missing the bigger wave.
The best example I have is with XRP and ADA. We ignored everything but when the market started to move, we hit the gas. Now they are ignored again, when they are ready to move again we go back. But it always takes time before one and the next wave. I hope you are following me and my thinking here.
(By the way, if I sound condescending, egotistical or arrogant, please ignore this. I am just trying of being very straight forward so my full thinking can come-out and from this you can reach your own conclusions —leave and take. Leave what you don't like, take what resonates.)
We have two ways mainly to approach this trading pair: (1) We can wait for the advance, as previously mentioned, to be confirmed through major bull volume. (2) We can start with very low leverage and increase when things become obvious. When it happens, it becomes obvious when it is happening.
One factor to keep in mind is that it tends to happen by surprise, as if out of nowhere. But if we are working daily on our devices, there is so much time to take action that there is zero need to rush (keep calm). There is no need ever to panic (keep confident) and the market always offers a second chance (right now we are seeing great entry prices all across before the next bullish wave).
You see? The only way to lose is to give up. If you keep trying, open of course to recognizing your mistakes and learning from them, you will continue to improve and without a shred of doubt, you will achieve your goals and financial success.
Cryptocurrency is the stock market for the people. It is live and open, everybody can participate.
Welcome to 2025. It will be an amazing year... I will be here with you.
Thank you for your support. We are only days away.
Thank you for reading.
Should we get back to work?
Namaste.