Everyone is saying, we should wait for the market to come down and then we will have good entries in alt coins..
I took entries in some coins of large market caps. Because of bull run cycle, after btc, then eth, and then large market cap coins will pump and then so on. Dot, link, movr, ada, gala are very good options. You should take entries, even if it comes a little down, so what we know how to dca it, but we shouldn't want to miss this prices. This is my own suggestion, you guys DYOR Please.. I am not seeing a major correction now, little corrections are part of every cycle.
One mistake you guys do, I am getting lot of msgs from people about this, that most of you guys take a short trade of coins that are in gainer list. People think that they pumped so much, now the coin will dump hard, you take a short trade, but the coin pump hard and you got liquidated. Am I right? Do you know, there are some professional work top ranking traders who long the trades when the market in at over bought rsi zone, and short at over sold rsi zone. Even I always take trades on longs in gainer coins, after some verifications, when they are over pumped.
Now the question is here from where to short the market, there are some things which we have to look.
So if you guys are really interested to know, reply that in comments, so that I will post full details in the next post otherwise I won't obviously.
So Mr Trump won the elections, I wish it stays good for crypto because as per Trump statement about crypto, if he follows them, we are to the moon🚀🚀 But listen guys, as I told you 2 days before that if Trump wins the market will be bullish, and we all saw market is going for their tops. BTW I was expecting kamala to win. So as I told you, that their would be a massive pump, which we are seeing, but guys don't buy in fomo, market needs a correction, this all pumping is trumps fomo buying. Btc dominance is on 60%, it will bounce upto 70-72%, obviously alt coins will bleed and btc will pump. Don't panic if alt coins will bleed, that's a good sign, because it will bleed because dominance will go up, so dominance should go up because when the dominance will bleed from 70-72 towards 40-50 it would be a massive pump for alt coins the bullrun season. If dominance comes down from here that's not a good sign because alts will pump but that pump would be very little with a major dump afterwards. The current market is going high at the moment, you have to be very careful as it will come down a little. Don't fall for fomo buying.
So tomorrow is the day, every one says if Trump wins we are going to the moon and if kamala wins we are visiting hell. This means we open a trade with full wallet, maximum leverage and place our finger on the click to trade button, so when the announcement will be made, we go for the up or down trade and earn alot. So simple right??
For God sake don't trade tomorrow, nobody is going to kill you or nor munkar nakeer(angels) will question you that why didn't you trade on the fomo election trend. There would be a lot of manipulation tomorrow, if Trump wins, at the time of announcement, market could go up because every people will long the market, and after that the big boys will pull the carpet under our feet's. We will have our opportunities, market is designed like that it gives buyers and sellers opportunities so that we can trade in it consistently. Still if you go with the trend, that's not bad, but keep a tight and trailing stop loss with you. Don't come in fomo, big boys always play with this. Keep yourself safe. Remember you are here to trade, to earn, not to give big boys your money.
The most asked questions about this game,, and the main answer is, "I GOT LIQUIDATED"
Do you know why you got liquidated? It's because you wanted to, simple. For me future trading is very easy, may be more easy then spot trading, and I never ever got liquidated, alhamdulillah. It's only because I am here to take profit, not to give my money to big boys(whales/exchanges)
Now the main thing, why you people got liquidated, even your analysis, chart reading, technicals are perfect still you got liquidated. You know why, the answer is, market don't follow any of this, no charts, no higher highs higher lows, trend lines, patterns, no way. It's just a fomo that is installed in our minds through proper planning by the big boys. Market always go where the market has more benifits, sometimes markets goes in our favor only to build our confidence, that's it, otherwise the supports resistance patterns trends etc are all in our minds..
Now the main topic, about future trading, liquidation,, first keep that in your mind that this is binance, a trading exchange, many people think binance is name of a casino😂 where you invest 100$ and got back 1000$ over night🤦 it could be possible sometimes but still every moon is not a full moon.
Believe me you can't get liquidated and end your trade in green, if you just follow 1 rule, just 1,, and that is your margin and leverage. Simple.
Use only 0.5% of your wallet and leverage max 6. Do a long trade in a good coin, close your eyes and from where it is just take an entry, it may sound funny, but listen, take entry,if it comes down do a dca of 1% of your wallet, still you have "0" liquidity, and your entry price after dca would be very close to your breakeven, when the market is at your breakeven, exit extra margin you put at the time of dca, like this your entry would be more better and margin would be perfect, repeat it if again the market comes down, eventually the market has to give you profit. Dca only on 1d support zone.
Listen guys, market is having a tough pull back and many of you are getting liquidated or going to be. So here I am to help you out. Just tell me which coin are you in or just send me your trade picture, you won't be liquidated and the market will at once start moving in your favour.
Now you guys must be thinking what magic do I have. Listen it's very simple, if you are on any coin in long position, just let me know, I will go SHORT On that coin, and the market will suddenly go against me and on your favor. Because I always noticed, the very point I enter the trade, THE MARKET ALWAYS GOES AGAINST ME🙏🙏
Attention:: Listen guys, the market just dumped because of the war news, but keep this mind this is a temporary news and market will be back in just 1-2 days so this is an opportunity to buy. Market is going up, dump is coming but not now, probably the end of this month may be. So don't panic sell, and specially no short on futures, market is bullish and this is a very good opportunity to buy. This is my own analysis, DYOR before trading.
I haven't seen such a slow market in all my crypto market experience. If the market has to come down, why is it not coming fastly and if it wants to go up, who is stopping her😜