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#btc #crypto #trade #long #short
My crypto journey in a nutshell:
It's been 2 year since I entered crypto market. I've lost all my money on the first year when I had zero knowledge regarding TA & I finally learned TA somehow blowing up my account multiple times..
I'm still not much of a profitable trader, I'm trying to be better everyday. I'm confident that I'll make it all back only if I stay being consistent with my gains while cutting of the losses early.
First I lost money because I lacked trading knowledge & now I'm struggling to stay profitable because I don't have a decent capital to take trades without mental stress.. Oh, what a tragedy it is.
My crypto journey in a nutshell:
It's been 2 year since I entered crypto market. I've lost all my money on the first year when I had zero knowledge regarding TA & I finally learned TA somehow blowing up my account multiple times..
I'm still not much of a profitable trader, I'm trying to be better everyday. I'm confident that I'll make it all back only if I stay being consistent with my gains while cutting of the losses early.
First I lost money because I lacked trading knowledge & now I'm struggling to stay profitable because I don't have a decent capital to take trades without mental stress.. Oh, what a tragedy it is.
Best update of $BTC
I have analized and by my recent reserch #btc will might be Bullish or Bearish but most chances are that it can cross its higher high very soon.
For some time market will remain balance,not much pump or dump but it will increase or decrease by very sudden just put your liquidition amount between 59k #usdt to 63k usdt for #buy and I will prefer not to buy short at this market situation but risk is the key to success so put liquidation amount between 77k usdt to 82k usdt for #short
I have analized and by my recent reserch #btc will might be Bullish or Bearish but most chances are that it can cross its higher high very soon.
For some time market will remain balance,not much pump or dump but it will increase or decrease by very sudden just put your liquidition amount between 59k #usdt to 63k usdt for #buy and I will prefer not to buy short at this market situation but risk is the key to success so put liquidation amount between 77k usdt to 82k usdt for #short
Bullish📈
Bearish📉
17 hr(s) left
#ETH（以太坊） $ETH
Here’s a concise guide to trading Ethereum (ETH):
Key Trading Strategies for Ethereum (ETH)
Long Position:
1. **Market Entry:** Buy ETH at the current market price.
2. **Stop-Loss:** Set a stop-loss at 5% below the entry price.
3. **Take Profit:** Set a take-profit at 10% above the entry price.
#### Short Position with Leverage:
1. **Market Entry:** Short ETH at the current market price using leverage (e.g., 10x).
2. **Stop-Loss:** Set a stop-loss at 2.5% above the entry price.
3. **Take Profit:** Set a take-profit at 5% below the entry price.
General Tips:
- **Follow Market News:** Stay updated with Ethereum news and market sentiment.
- **Use Technical Indicators:** Utilize RSI, MACD, and Bollinger Bands for entry and exit signals.
- **Risk Management:** Always manage your risk, especially when using leverage.
Example Trading Scenario
#long Example:
- **Buy ETH at $1,800**
- **Stop-Loss:** $1,710
- **Take Profit:** $1,980
#short Example with 10x Leverage:
- **Short ETH at $1,800**
- **Stop-Loss:** $1,845
- **Take Profit:** $1,710
#Technical Analysis Tools:
1. **RSI (Relative Strength Index):** Above 70 indicates overbought, below 30 indicates oversold.
2. **MACD (Moving Average Convergence Divergence):** Look for crossovers to identify trends.
3. **Bollinger Bands:** Helps identify volatility and potential breakouts.
#Final Tips:
- Research and Stay Informed: Follow Ethereum developments and broader market trends.
- Start Small: If you’re new, start with a smaller investment to learn without significant risk.
- Diversify: Don’t put all your funds into one trade; diversify your portfolio to mitigate risk.
This approach ensures a well-rounded and risk-aware trading strategy.
$BTC $SOL
Here’s a concise guide to trading Ethereum (ETH):
Key Trading Strategies for Ethereum (ETH)
Long Position:
1. **Market Entry:** Buy ETH at the current market price.
2. **Stop-Loss:** Set a stop-loss at 5% below the entry price.
3. **Take Profit:** Set a take-profit at 10% above the entry price.
#### Short Position with Leverage:
1. **Market Entry:** Short ETH at the current market price using leverage (e.g., 10x).
2. **Stop-Loss:** Set a stop-loss at 2.5% above the entry price.
3. **Take Profit:** Set a take-profit at 5% below the entry price.
General Tips:
- **Follow Market News:** Stay updated with Ethereum news and market sentiment.
- **Use Technical Indicators:** Utilize RSI, MACD, and Bollinger Bands for entry and exit signals.
- **Risk Management:** Always manage your risk, especially when using leverage.
Example Trading Scenario
#long Example:
- **Buy ETH at $1,800**
- **Stop-Loss:** $1,710
- **Take Profit:** $1,980
#short Example with 10x Leverage:
- **Short ETH at $1,800**
- **Stop-Loss:** $1,845
- **Take Profit:** $1,710
#Technical Analysis Tools:
1. **RSI (Relative Strength Index):** Above 70 indicates overbought, below 30 indicates oversold.
2. **MACD (Moving Average Convergence Divergence):** Look for crossovers to identify trends.
3. **Bollinger Bands:** Helps identify volatility and potential breakouts.
#Final Tips:
- Research and Stay Informed: Follow Ethereum developments and broader market trends.
- Start Small: If you’re new, start with a smaller investment to learn without significant risk.
- Diversify: Don’t put all your funds into one trade; diversify your portfolio to mitigate risk.
This approach ensures a well-rounded and risk-aware trading strategy.
$BTC $SOL
I'm not much of a good trader but as per my 2 years of experience, here's my suggestion for any new trader. #trade #short #long #btc #eth
If you're new to trading then I suggest you to start with minimum capital. The amount may vary according to one's capacity but the less you put better for you.
Start with like $100-1000, forget about the profit for like 6 months. I know it sounds hard to not look for profits in trading which is the reason we trade but trust me you will ruin your learning as well as blow up the account if you chase profits specially when you're a beginner.
While you start, make sure to use minimum leverage and practice proper (I repeat proper) position sizing and make plans from the very beginning which will greatly enhance your performance and helps to build habit.
Thenafter, be patient with your trades and don't complicate things. Try not to close winning trades and never hold losing one's. Make your entry and exits preplanned and be strict with them.
Lastly, always book profits and try to take less trades. Only go for the clear setups and don't over trade.
Share your thoughts and tips as well in the comments.
I know it's hard to follow all the things I mentioned, most experienced & profitable trades also make mistakes if one could follow these things exactly as said then the win rate & accuracy is unreal.
Lastly, best suggestion for anyone entering to trading is: DON'T !
Trading requires a lot of things such as emotion control, discipline, patience, time & evaluation, extra efforts and is very painful in the beginning years so if you're not ready for all this then the correct things is to DON'T ENTER the market.
If you're new to trading then I suggest you to start with minimum capital. The amount may vary according to one's capacity but the less you put better for you.
Start with like $100-1000, forget about the profit for like 6 months. I know it sounds hard to not look for profits in trading which is the reason we trade but trust me you will ruin your learning as well as blow up the account if you chase profits specially when you're a beginner.
While you start, make sure to use minimum leverage and practice proper (I repeat proper) position sizing and make plans from the very beginning which will greatly enhance your performance and helps to build habit.
Thenafter, be patient with your trades and don't complicate things. Try not to close winning trades and never hold losing one's. Make your entry and exits preplanned and be strict with them.
Lastly, always book profits and try to take less trades. Only go for the clear setups and don't over trade.
Share your thoughts and tips as well in the comments.
I know it's hard to follow all the things I mentioned, most experienced & profitable trades also make mistakes if one could follow these things exactly as said then the win rate & accuracy is unreal.
Lastly, best suggestion for anyone entering to trading is: DON'T !
Trading requires a lot of things such as emotion control, discipline, patience, time & evaluation, extra efforts and is very painful in the beginning years so if you're not ready for all this then the correct things is to DON'T ENTER the market.
$TRB #TRB #Crypto #binance #not #short
I saw some bullish posts on my feed and felt like sharing my view on this. Although LTF chart may look bullish (for me, it isn't bullish even on LTF), HTF clearly shows that the downtrend is yet to continue its just a retest. Turn it into 1D & things should be much clearer, $80 is what I'm expecting it to reach in coming days. It maybe quick as well but might take couple of days to play out.
$80 range is where it could get some support, I don't see/feel any strong support before that area. I'm short on $TRB with SL slightly above $126.
I saw some bullish posts on my feed and felt like sharing my view on this. Although LTF chart may look bullish (for me, it isn't bullish even on LTF), HTF clearly shows that the downtrend is yet to continue its just a retest. Turn it into 1D & things should be much clearer, $80 is what I'm expecting it to reach in coming days. It maybe quick as well but might take couple of days to play out.
$80 range is where it could get some support, I don't see/feel any strong support before that area. I'm short on $TRB with SL slightly above $126.
I request professional traders to please look at my $FRONT entry price, margin and current market value.
i am in heavy loss with respect to my portfolio. please suggest me what should I do?
#front #FRONT_Market_Update #FRONTUSDT #short #btc
i am in heavy loss with respect to my portfolio. please suggest me what should I do?
#front #FRONT_Market_Update #FRONTUSDT #short #btc
I have seen many people spreading fear about possible manipulation of $PEPE but I have this to say:
Do your own research. Many of these "analysts" are mostly people who are #short on their leveraged trading and would love to see the coin fall to make profits. Don't list to them. Do your own research and have definitive decision in exiting or entering your trades.
All the best in your trading 💹
Do your own research. Many of these "analysts" are mostly people who are #short on their leveraged trading and would love to see the coin fall to make profits. Don't list to them. Do your own research and have definitive decision in exiting or entering your trades.
All the best in your trading 💹
Someone says open a short position. The other one says opening a long position. Opening both is always very risky. and when there is a sudden drop or sudden rise, you should not do this at all. I am thinking of doing copy trade for you. There is no one who is the best trader, but I see more Chinese people on the screen every day. and I think Chinese people are more successful. but he loses 5 times and wins 5 times. There is no one who always wins. Therefore, if you want to open during these periods, I recommend a short position. good luck 🐞🍀 #btc #bitcoin #binance #pepe #short
This doesn't matter whether market is green or red, if you are a well trader you will surely be in profit. #Long #short #Binance #crypto2023 #dyor
