The Simplest Strategy for Trading Crypto (That Actually Works)
There’s a straightforward approach to trading crypto that, while slow, captures consistent profits over time. The key is to avoid making these three critical mistakes:
1. Never buy during an uptrend.
• Be greedy when others are fearful, and fearful when others are greedy.
• Train yourself to buy during dips—make this a habit. Opportunities lie in fear, not FOMO.
2. Never chase trades with heavy bets.
• Pressing your luck or forcing trades will backfire. Stick to your plan.
3. Never go all-in.
• All-in trades are a trap. Markets are full of opportunities, and being fully committed locks you out of better chances. Manage risk and stay flexible.
Six Key Principles for Short-Term Trading
1. High-level consolidation usually leads to a new high.
Similarly, low-level consolidation often leads to a new low. Wait for clarity in direction before making moves.
2. Avoid trading during sideways markets.
Most traders lose money because they can’t resist trading during flat markets. Learn to sit still when the market isn’t moving.
3. Trade with the trend: Buy on red candles, sell on green candles.
• When the daily chart closes red, buy.
• When it closes green, sell.
4. If a downtrend slows, the rebound will also be slow.
• Accelerated drops lead to faster recoveries—watch the pace of price movements.
5. Use the pyramid method for building positions.
• This is the core principle of value investing. Scale in slowly, increasing positions over time as conviction builds.
6. Don’t rush to sell at highs or buy at lows.
• After sharp rallies or crashes, markets usually enter a consolidation phase. Avoid all-in buys or sells during these periods. If the price breaks down from a consolidation, exit immediately. The key is to stay agile and push forward with the trend.
Stick to these principles, and you’ll be one step ahead of most traders. Patience and discipline are your greatest weapons in the market.
2016 and 2020 benchmarks for Bitcoin: "It is progressing very similarly"
In its latest report, blockchain analysis company CryptoQuant compared the current era of Bitcoin to 2016 and 2020.
Will Bitcoin, which has achieved a strong bullish momentum this week, be able to bring its continuation? This is the question in the minds of investors. According to blockchain analysis company CryptoQuant, this probability is high.
Emphasizing that Bitcoin generally performed well in the fourth quarters of the halving years, the company suggested that the current situation is similar to 2016 and 2020. In the report on the subject, the following statements were included:
“It should be noted that Bitcoin is in a period of positive seasonal performance. Bitcoin performs well, especially in the fourth quarters of the halving years. In the halving years in 2012, 2016 and 2020, the price increased by 9, 59 percent and 171 percent, respectively. Bitcoin has performed very similarly in the fourth quarter of 2024 so far to 2016 and 2020.”
Comparison of the Bitcoin chart in 2016 and 2020 with 2024
The report also underlined that the demand for Bitcoin, which has been stagnant since May, has revived. "Bitcoin demand reached its highest level since the end of April, with a monthly increase of 177 thousand BTC last week," the company says. According to CryptoQuant, spot Bitcoin ETF purchases support the increase in demand.
Another data that CryptoQuant draws attention to is that large investors continue to accumulate Bitcoin. In the report, "The total balance of Bitcoin whales continued to increase year-on-year and reached 670 thousand BTC. Moreover, the growth of the assets they hold is above the 365-day moving average, which is a good sign for the prices.”
**Ethereum Accumulation Addresses Surpass 19 Million ETH, Expected to Exceed 20 Million by Year-End**
As of October 18, 2024, the total amount of Ethereum held in accumulation addresses has surpassed 19 million ETH, nearly doubling from 11.5 million in January 2024. This significant increase is largely attributed to the approval of Ethereum Spot ETFs in early 2024, which has bolstered market confidence and mainstream acceptance.
The regulatory green light has made Ethereum an attractive asset for both institutions and individual investors, positioning it as a cornerstone of future financial systems. With Ethereum currently priced around $4,000, the total value of these accumulation addresses is projected to exceed $80 billion by the end of the year, rivaling some of the world's largest companies.
This trend underscores the growing institutional and retail interest in Ethereum, suggesting a robust and optimistic outlook for the cryptocurrency market.
The Ultimate $BTC Test is Here!
$69K—Heaven or Hell?
With $101M in shorts vs. $293M in longs, who’s about to get rekt?
Buckle up, brothers—Bitcoin is about to face its biggest trial yet. The $69K level has become the battlefield for a do-or-die showdown between bulls and bears.
According to the latest data, if BTC smashes through $69K, the shorts on major CEXs will get wiped out—$101M worth of liquidations incoming. Imagine the panic—sweaty palms and racing hearts among the short sellers, knowing the storm is coming.
But if BTC stumbles and drops below $68K? It’s the bulls’ turn to cry—long positions totaling $293M will get obliterated. The market would descend into chaos, leaving devastation in its wake.
This isn’t just a chart—it’s a war zone. But don’t get it twisted—liquidation maps aren’t precise death sentences. They’re more like warning systems, hinting at the market’s explosive potential when prices hit critical levels.
Those towering liquidation bars? They’re landmines waiting to detonate. When they go off, expect a wave of liquidity to sweep through the market, flipping everything upside down.
Stay sharp, brothers—the storm is coming. Are you ready to survive it?
Brothers, $BOME is setting up for a move—just like PEPE did earlier this year.
Right now, BOME’s circulating market cap sits around $667M, and everyone’s asking the same thing: When will BOME give us that 10x pump?
My answer? It’s coming soon. DYOR.
Since listing on Binance in March, BOME has been in a 7-month shakeout, bottoming at $0.0052. If you look closely, BOME’s price action mirrors PEPE’s post-Binance listing almost perfectly—just with some timing differences. And we all remember what happened next for PEPE.
So, why now? Let’s look at the signals:
• Starting October 14, BOME’s trading volume hit its highest point since April.
• BTC just reached $69,000 for the first time since August, and BOME’s daily volume surpassed $300M. That’s insane for anything outside BTC, ETH, or BNB.
• Over on Solana, GOAT hit $400M in market cap within days. SOL is pumping, showing Solana’s heat is back.
Now, you’re asking: Should I buy at $0.0097 and expect a 10x? No, brothers, not that easy.
For that explosive 10x move, BTC needs to hit new highs. Just like PEPE and BONK, meme coin madness happens during BTC’s main bull run. Without a BTC breakout, memes won’t fly as far.
So, where’s BOME headed?
Forget FOMO—let’s talk valuations:
• WIF hit $5B
• PEPE peaked at $6B
• BONK hit $3.5B
• FLOKI topped out around $3.1B
If BTC keeps climbing, especially with election hype and December’s FASB boost, BOME could easily hit $3B-$5B.
TL;DR: Buying at $0.0097 might not guarantee a clean 10x, but all signs are pointing in the right direction. Stay sharp, watch BTC, and don’t let FOMO wreck your trade. This run isn’t over yet!
Which sector and tokens are primed for the next altcoin bull run? 🤔
1. BTC Ecosystem: STX, RIF, ORDI, SATS…
Why it matters: OG Bitcoin capital is moving—projects here could catch serious momentum.
2. ETH Ecosystem: LDO, SSV, ETHFI, ENS, RPL, PENDLE…
Why it matters: ETH will always be the backbone, and these tokens are riding the staking and infrastructure wave.
3. MEME Coins: PEPE, FLOKI, BOME, WIF, BONK, SHIB, DOGE…
Why it matters: When the FOMO kicks in, memes will print money. This sector never misses during bull runs.
4. SOL Ecosystem: JTO, JUP, RAY, PYTH, TNSR, W…
Why it matters: SOL is the playground for degens—once SOL pumps, alts here will fly.
5. Modular Sector: TIA, DYM, ALT, MANTA, SAGA…
Why it matters: The next big thing? Modular networks are changing the game, and these early movers could lead the way.
6. GameFi: BNX, YGG, AXS, BAKE, ALICE, BIGTIME…
Why it matters: As attention returns to metaverse and play-to-earn, GameFi will have its moment again.
7. RWA: ONDO, CFG, GFI, TRU, RSR, POLYX…
Why it matters: Real-world assets are gaining momentum—this is where TradFi meets DeFi.
8. AI Sector: WLD, FET, ARKM, NEAR, GRT, XAI, TAO, RENDER…
Why it matters: AI is the future, and these tokens are at the frontlines of innovation.
9. DePIN (Decentralized Physical Infrastructure): IOTX, HNT, IOTA, FLUX, TAO, AR, AKT…
Why it matters: Decentralized infrastructure is rewriting the rules—this sector is heating up.
10. L1 Chains: SOL, SUI, SEI, APT, NEAR, ALGO, HBAR, OSMO, CELO, FTM…
Why it matters: Layer 1 wars are still on—the next ETH killer? One of these could take the crown.
So, which sector am I betting on? I’m keeping my eyes on memes, modular networks, and AI. Meme coins always fly first, modular projects are the next narrative, and AI will lead the long-term revolution.
Pick your lane and get ready—this bull run won’t wait for anyone! 🚀
$NEIRO
{spot}(NEIROUSDT)
Let's dive into NEIRO. This coin has been on a wild ride, surging over 5000% in just a month! Currently, it's trading around $0.00194, with a 24-hour high of $0.0020877 and a low of $0.0019225.
I'd say NEIRO is consolidating right now, taking a breather before its next big move. The whales are circling, waiting for the perfect moment to strike. They're likely anticipating another significant price jump.
Technically speaking, the RSI is around 55, indicating a neutral zone. The MACD is showing a slight bullish crossover, and the moving averages are stacked in favor of the bulls. The 50-day MA is at $0.0013, the 100-day MA is at $0.008, and the 200-day MA is at $0.005.
Considering its massive growth, NEIRO might experience a slight correction. However, the overall trend remains strongly bullish. The consolidation phase will likely lead to another leg up.
Keep in mind that cryptocurrency markets are notoriously unpredictable, but NEIRO's chart looks promising. If you're already holding, consider maintaining your position. If you're looking to enter, wait for confirmation above $0.0021 or below $0.0018.
Whales are waiting for the next push, and you don't want to miss out! What's your take on NEIRO's potential?
{future}(NEIROUSDT)
#NeiroOnBinance #KryptoAlchemy
#MemeCoinTrending #Write2Earn! #BTCUptober
Hello everyone! Time for the biweekly gTrade Update! What's going on at gTrade? Read on below! 👇
🍏 GNS Incentives Moving!
#gTrade has started the #Base incentives push! Traders can earn $GNS based on three categories: fees, PnL, and loyalty! Need to get up to speed? Visit the Medium post: https://t.co/J2ocTry6Ak
🔵 Base Volume Rising!
Base continues on its upward trajectory, surpassing eleven million in volume during the second week! Traders have shown a keen interest in altcoins, heavily utilizing the altcoin (group 2) as much, or often more, than $BTC and $ETH!
📦 v9.4 is a go!
The latest update (v9.4) introduces numerous improvements, including a reduction in minimum leverage down to 1.1x, lower trading fees from 0.08 to 0.06 base fee, and reduced spreads on $BTC and $ETH down to zero! That’s not all—the fee tier whitelist revamp now allows qualified traders to jump into reduced fee tiers right away!
Know a whale? Have them apply for the whitelist: https://t.co/gtzLQHrLE1
Read more on v9.4 here:
https://t.co/5By0D1h846
💙 Brett Wraps Up!
The gTrade x Brett on Base trading competition has concluded! The top trader walked away with 33,000 $BRETT tokens, and 19 other traders took home the rest! Altogether, 110,000 $BRETT was distributed to gTraders! Thanks to all participants!
👶 New Listings!
$ZETA, $REEF, $EIGEN, $FET, $MOODENG, $MOTHER, and $POLYX bring gTrade’s offerings to 225 pairs across crypto, forex, and commodities. You want more Pairs? OK! 🫡
🌠 Join the Galxe Quest to earn a raffle spot with USDT prizes! A few simple steps, and you’re in!
https://t.co/btUI0AYwKP
📈 Leverage Just Got Bigger!
$BTC and $ETH now have leverage up to 200x available! Traders began to utilize the extra leverage almost immediately!
⚙️ Developer Update ⚙️
FE and BE: QoL improvements, release v9.4 and v9.4 fast follows, SDK work, UI and UX improvements. SC and DevOps: release v9.4, bugfixes and various optimizations across the board, scope v9.5