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How to earn $45 Daily and 820
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make sure you watch this #posttoearn
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Scalping in crypto is a short-term trading strategy where the goal is to make small, quick profits by entering and exiting trades frequently. Suppose you have $1000; the first step is to divide this amount into 10 parts of $100 each. This division gives you 10 separate opportunities to trade, which helps minimize the risk of losing your entire capital at once. Using platforms like Trading View, select a reliable trading indicator such as the Bollinger Band, which helps track price volatility and market conditions. Focus your trades on high-liquidity cryptocurrencies like Bitcoin ($BTC) and Ethereum ($ETH), as these are more stable and provide better opportunities for consistent gains. It’s important to have a clear risk-to-reward mindset, targeting a 1:2 or 1:3 ratio, where you aim to make 2 to 3 times your potential loss. For example, if you risk losing $100 in a trade, you should aim to make $200 or $300 in profit. Set your stop-loss (SL) at 15% to limit your losses, meaning the maximum you can lose per trade is $15. Your take-profit (TP) targets should be set between 30% to 45% profit, allowing you to secure small, quick wins without holding positions for too long. Scalping typically works well with a 5-minute time frame, enabling you to act swiftly on short-term market movements. With a 1:3 ratio in place, the math is in your favor: if you win just 3 out of your 10 trades, you can cover your losses and still come out ahead. For instance, if you lose 7 trades, each loss being $15, your total loss would be $105. However, if you win 3 trades with a 45% profit, you would make $135 per trade, resulting in a total profit of $405. After deducting your $105 loss, you are left with a net profit of $300. This strategy, combined with disciplined risk management, makes scalping a potentially profitable approach in the volatile crypto market. Best of luck! #MemeCoinTrending #Trading #DoYouHoldBNB #moonbix #Futures
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HERE ARE MY TOP 6 STRATEGIES FOR BECOMING RICH IN CRYPTO Diversification: Even within your chosen strategy, diversify across different types of coins to spread risk. Risk Management: Only invest what you can afford to lose. Cryptocurrency markets can be highly speculative, and while they offer high returns, they also come with significant risks. Stay Informed: Keep up with market news, technological updates, regulatory changes, and community sentiment. The crypto space evolves rapidly, and staying informed helps in making timely decisions. Security: Use secure practices for storing your cryptocurrencies, like using reputable wallets or cold storage for significant holdings. Education: Continuously educate yourself about blockchain technology, smart contracts, and the fundamentals of the projects you invest in. Understanding the tech underpinning your investments can provide better insights into their potential. Long-Term Perspective: Given your strategy leans towards holding through corrections, maintain a long-term investment perspective. This strategy focuses on finding crypto coins with strong fundamentals, community support, and a clear vision for development, aiming to navigate the volatile market with a patient, well-researched approach. Remember, while this strategy might reduce certain risks, there's always potential for loss. Always consider your financial situation and risk tolerance when making decisions. If you enjoy this post, please give it a like and follow me @Billonaireboy for more crypto posts. #Write2Earn! #writetowin #Write2Rean #CryptoMarketMoves #FutureTarding
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#BTCReboundsAfterFOMC #BinanceLaunchpoolHMSTR #NeiroOnBinance #moonbix
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