It is quite simple: 1. 'Don't invest your whole allocated money for any coin at once', rather do DCA (Dollar Cost Averaging) in Spot and in Future trades as well. Resultantly, you will get zero losing day(100% win rate) in your PnL.
2. Do not open position more than a single . I repeat: Don't! Keeping doing DCA on your only opened position.
3. If you open 2 positions, remember, don't open both at once. I repeat: Don't at once!
4. Use only 25to30% of the funds allocated for any coin, at your first entry.
For example: If you want to invest only $100 for #LUNC. or #USTC/USDT or #FET etc (from your total available balance). You just invest $30 at first order. And the rest of the $70 should be divided in other 7 limit orders, $10 each. ( This will help to bring down our entry position.) 5. Last but not the least, always use your Future trades in Cross. Remember. $DYDX $LUNA $JTO
#JUP/USDT As #Jupiter(JUP) has formed a double-top at 0.5566 on 15mint. timeframe, so it has to breakdown towards 0.50. So we are going to take a long from below by DCA technique.
Long 15x cross Entry: 0.5205 to 0.482(DCA)
1st entry: 0.5205 (use only 20% of the funds allocated for this coin)
2nd: 0.511 3rd: 0.503 4th: 0.492 5th: 0.482
Tp: By scalping and Don't close the whole position at once. Take small profits and add when the price is down. let this cycle of money run.
According to Coinglass, in the past 24 hours , 37,657 traders were liquidated , the total liquidations comes in at $116.09 million. Long $36.94M Short $79.11M
The largest single liquidation order happened on Bitmex - XBTUSD value $5.11M
$APT #Aptos Token unlock on 12th February, 2024. This event may trigger a significant price drop as we witnessed on 12th Nov, and 12th Dec, last year. Not a Financial Advice #ZeroLossTrading#Write2Earn
Not Every Day Is a Trading Day in Crypto: Understanding Market Fluctuations
Common Phases in Crypto Trading:
High Volatility Days: These days are characterized by significant price swings, often driven by major news events, regulatory updates, or whale movements. While they offer opportunities for large profits, they also carry high risk of losses due to unpredictable fluctuations. Example: Elon Musk tweets positive sentiment about Dogecoin, causing a sudden price surge followed by a correction.
Low Volatility Days: These days witness minimal price movements and lower trading activity. While they offer less risk, they also present fewer opportunities for substantial profits. Example: Weekends or holidays often experience lower volatility due to reduced trading volume.
News-Driven Days: Significant announcements, product launches, or regulatory decisions can trigger sudden price movements in specific coins or the entire market. Example: The approval of a Bitcoin ETF could lead to a significant price increase for Bitcoin and related assets.
Correlation with Traditional Markets: Crypto markets often exhibit correlations with traditional markets, particularly during periods of economic uncertainty or global events. Example: A stock market crash could lead to a sell-off in crypto assets as investors seek safer havens.
Trading Strategies for Different Phases:
High Volatility: Focus on short-term trading strategies like scalping or day trading to capitalize on quick price movements. Employ risk management techniques like stop-loss orders to limit potential losses.
Low Volatility: Consider longer-term investment strategies like holding or dollar-cost averaging (DCA) to accumulate assets over time. Research projects with strong fundamentals and long-term potential.
News-Driven: Stay updated with relevant news and announcements to anticipate potential price movements. Be prepared to react quickly and adjust your positions based on the news. #Write2Earn#ZeroLossTrading #BTC; #USTC#LUNC/USDT$BTC $ETH $SOL
$WLD #Worldcoin finally took breath,since yesterday, after the news of Iris Scanner Scrutiny in Hong-Kong. After twicely testing the resistance 2.39, the coin, right now is trading above the support level which is between 2.344-2.336. If everything go smoothly in Hong-Kong and BTC doesn't go free fall then, this coin may test or cross 2.54-2.58 in coming days. So, in this situation I would recommend you to do DCA and scalping in both; future and spot.
Buy long 10-15x Cross or Buy in Spot
Entry: 2.344-2.156 (DCA and Scalping)
1st entry: 2.344 (Use only 30% of the allocated funds for this coin) 2nd: 2.264 3rd: 2.203 4th: 2.156 If something goes wrong 5th: 2.056. Emergency entry.
Tp: By Scalping (Partially close the position even at the small profits and re-enter when the price is down. Don't close the whole position at once. Let the cycle of money run)
Entry: 2.426-2.344 (DCA, Scalping) 1st entry: 2.426 (Use only 30% of the allocated funds for this coin) 2nd: 2.408 3rd: 2.386 4th: 2.344
Tp: By Scalping (Partially close the position even at the small profits and re-enter when the price is down. Don't close the whole position at once. Let the cycle of money run)
Set SL according toyour Risk Management Not a Financial Advice $BTC $BNB