importance of DCA . Dollar-cost averaging (DCA) in Trading .
1. lower your investing costs and reduce risk at the same time.
2. Dollar-cost averaging is the practice of systematically investing equal amounts of money at regular intervals, regardless of the price of a security.
3.beginers & long-time investors can both benefit from dollar-cost averaging.
4. investors buy more at lower prices and sell at at higher prices .
5. Dollar-cost averaging can reduce the overall impact of price volatility and lower the average cost
6.Dollar-cost averaging is an investment strategy used to minimize the impact of price volatility. DCA is also called the constant dollar plan.
Always remember this golden Rule if You are into trading Never get all in at one price , because market is superior and know one knows what's the bottom and what's the top .
DCA example : for an example let's take , my name is Mr X I do have 100$ to invest in crypto so as today BTC is currently at 27.4k around so I invested 30$ btc .
then after some days btc fall towards 25k I invested 30$ more so I do have left 40$ if after sometime btc will fall more I can buy at that particular time . that will help to maintain the DOLLAR average cost , and my risk will be less .
happy Trading & if you like my post kindle follow me for more post. good day
today would like to tell you bitter truth of meme coins industry .
From which You can understand the pump dump game of 300-2000% game .
what caution you need to take and things to avoid . it's all started with #Doge coin . When Elon musk tweet plays big pumps and dump games then two more coin entere $SHIB $FLOKI and
so we all knows what happened in last bull run .
& it's happening in this bull run too .
the 0.1$ & 1$ assumption, Daydream & the hype created by youtubers why ? cz they don't have any good content . so block them lol 😂.
Do you know these coins can't go there atleast in next 10-50 years why because they are in end numbers the numbers which let's take shiba inu total supply 589 trillion .
our planet whole annual GDP is $88 trillion USD .
so use common sense whoever is thinking of 1$ or cent dream keep dreaming . every 4 season spot trader think and make his 1$ to 5-20x easily buy his patience right time of entry and right time of exit .
so make sure if you are getting profit book it . rather then thinking of this 1$ or 1 cent dream cz these coins pump soon and also dump soon .
it just game of pump & dump . don't think they are having any fundamental value . go & do your own research also .
I'm talking about all meme coins . they can't be bitcoin they can't be etherium they can't be bnb who have their own block chain and run on fundamentals.
all the best all . and remember exit at right time . or else you will be at same place where u come or more deep in losses .
happy trading all . But one thing I'm bullish on $BTC to 80k soon .
HELLO BINANCIANS IM BACK WITH THE ENERGY AND NEW MOTIVATION .
BEWARE OF MARKET manipulators & negative news . HODL 🔥
I'll not take any other person or institution for example I'll take mine .
this cycle i have bought btc under 17k usd . etherium under 900$ . shiba @ .00000786 sold 90% @ .000042 $ . Sol bought at 19-20$ sold @ 70$ then with that profit accumulated a few more eth @ 1900$ . and many coins I'm in huge profit . but
so far have not sold anything BIG . only sold 20% .
i remember in 2020 many market manipulators was there when btc crossed it's previous ath around of 20k many people fearly sold btc i remember that time ihave sold my btc @ 50k usd-55k usd . and so on . i grabbed eth under 100$ and sell them @4k usd . that time .
this season same thing is happening when market already breaked it's previous ath market manipulators are spreading negative news so they can accumulate .
weak players will left soon .
i know btc can take correction near halving or after it .
but what even if btc fall to last support 50k it won't bother me because we came from bottom .
patience is the key to success why I become hard-core spot trader rather then day trade because when I calculated my profit it's almost nearly same but i got time in spot trade i can do other things in life so that makes sense.
so always start accumulating after bear market in accumulation zones .
this season Ill wait more so btc can make a new ath .
eth ill wait for above 7-8k .
and so on .
remember set a target always .
market can pump to infinity ♾️ and dump too .
so make sure always have a plan .
HEALTHY trading this super alt season many will become millionaire 😎 good luck all .
“If you don’t believe it or don’t get it, I don’t have the time to try to convince you, sorry.” — Satoshi Nakamoto
We have proposed a system for electronic transactions without relying on trust. We started with the usual framework of coins made from digital signatures, which provides strong control of ownership, but is incomplete without a way to prevent double-spending. To solve this, we proposed a peer-to-peer network using proof-of-work to record a public history of transactions that quickly becomes computationally impractical for an attacker to change if honest nodes control a majority of CPU power. Satoshi Nakamoto
Total circulation will be 21,000,000 coins. It’ll be distributed to network nodes when they make blocks, with the amount cut in half every 4 years. first 4 years: 10,500,000 coins next 4 years: 5,250,000 coins next 4 years: 2,625,000 coins next 4 years: 1,312,500 coins etc... When that runs out, the system can support transaction fees if needed. It’s based on open market competition, and there will probably always be nodes willing to process transactions for free.
It’s the same situation as gold and gold mining. The marginal cost of gold mining tends to stay near the price of gold. Gold mining is a waste, but that waste is far less than the utility of having gold available as a medium of exchange. I think the case will be the same for Bitcoin. The utility of the exchanges made possible by Bitcoin will far exceed the cost of electricity used. Therefore, not having Bitcoin would be the net waste.
the last confirmed sale by the government, which in late 2022 seized about 50,000 BTC associated with the Silk Road website, occurred in March 2023, when it unloaded 9,861 coins worth $216 million.
The crypto seized was connected to James Zhong, who was convicted in 2022 of wire fraud related to the Silk Road marketplace you can read article on Google thanks good day ahead all
HELLO BINANCIANS IM BACK WITH THE ENERGY . & MOTIVATION .
$BTC is just doing a healthy correction 10-20% correction is a healthy correction
those who are new or panic traders listen carefully if you can't control your emotions you can't be a successful trader .
rule number 1 & last is money management .
no one win 100% trades is all about practice how many winning trades are you holding .
it's all about how much money you are saving
it's all about how much money you are making .
it's all about making money from money .
for an example Theres two people X & Y .
they started trading X had 100$ & Y had 1000$ .
it's all about discipline .
X can make 1000 if he have patience and good plan .
and y can loose all early if he don't have patience and bad plan.
Dont believe in fomo .
always believe yourself and see btc chart .
understand the market sentiments .
don't be fool nd emotional to ny coin.
you can't love it you need to sell if you have good profit .
this season i bought btc @ 17k . eth @ 900$ shiba @ .00000786 , ltc @ 60$ sol @ 20$ and so on .
why because that was the real accumulating time .
so far have sold sol @ 70+ shiba @. 000040 . but grabbed another coins with profit who was in dip .
now market is getting correction I'm not scared cz I'm sure btc will not move @ 17k
right time entry is the key
right time exit is the key .
don't be too much greedy .
enjoy the profit always .
and DONT be impatient trader you will loose everything . you time , yourself control , your senses , your money . everything .
keep calm and always watch market daily .
don't invest just watch chart
learning is important always .
Trading is art .
now when see my portfolio i feel proud cz lost too much also . but learning makes you a good decision maker
after a correction we will witness the biggest BULL run + super alt season I'm not bearish 2024&2025 will make many people millionaire whoever hodl . just HOLD tight .
34 DAYS left For halving OPEN your Eyes Before it's Too late lets Understand halving . we all going to witness The biggest bull run of crypto world the biggest alt season is coming Soon .
Bitcoin halving is an event that occurs in the Bitcoin network where the reward for successfully mining new blocks is halved at regular intervals. A halving event lowers the reward Bitcoin miners receive for validating transactions by 50%,slowing the rate at which new Bitcoins enter the market. Halving happen every 210,000 blocks that are mined,which happens roughly every four years and will continue until 2140 when the 32nd halving will occur. By then, Bitcoin will have hit its maximum supply, at which point miners will only be rewarded through transaction fees paid by users as an incentive for confirming transactions.
When Bitcoin launched,the mining reward for each block was 50 BTC & over 10.5 million BTC were mined within four years.The reward has since been reduced to 6.25 BTC after three successful halvings.
The halving is one of the most significant concepts of Bitcoin tokenomics (the economic principles and processes that regulate the behaviour and value of a cryptocurrency), as it assures a progressive flow of Bitcoin into the market while keeping the maximum supply at 21 million. As of this writing, 19.53 million BTC (93%) have been mined, leaving just 1.47 million BTC to be mined in the next 116 years.
The first Bitcoin halving was in 2012 November 28, 2012, halving, which reduced the Bitcoin block reward from 50 to 25 BTC, the price of one BTC shot up from $12 to $1,032 (more than 8,500%) in less than a year.
The second Bitcoin halving in 2016
When the 420,000th block was mined, the Bitcoin block reward was cut in half again, to 12.5 BTC. Bitcoin was trading at $651 at the time Bitcoin experienced a free fall just a few weeks after the halving. However, this was merely a pause before an rise, as the price of one bitcoin reached an all-time high of $20k and last bull run in 2020 we all knows what happened . #BTC #ETH #ADA #SHIBA #DOGE #LTC #DOT #XRP
Hi folks 👋 as earlier I talked about Etf and hype created by Etfs ! but today's topic is different .
"Trading is an Art of Money Management + risk management"
so only invest what you can afford to lose but seriously once you start & learn to make profit that will be easier . Because holding profit is hard in every trading industry. it's not about how much you make its about how much you save.
I'm watching btc since 2016 when I don't even had funds at all but those days ,I regularly or weekly view btc & major coins chart to check the market sentiments i mark support & resistance and after 3 years of knowledge i come in market in 2019 when I got funds it took me three years to start my first trade. I'll tell you my mistakes first because lots of people never shared their mistakes.
1. Never invest too much in meme coins! cz of some tweets ( APART from Elon musk ) lol . 2. Never try future and options if you don't know how it works . always learn with small amount . 3. Beware of hoax and youtubers ! do your own research before buying & selling understand the market sentiment major support & resistance is common practice , at the end it's your money profit and loss is yours. 4. stay away from telegram groups . tips and call groups . 5 . Never tell anyone Apart from your own real people about trading cz once you are rich some fake people will ask you money and never return that lol .
Above i shared about mistakes . below I'm sharing Important information from my learning .
1. ALWAYS start with low amount . 2. Always Buy at dip in accumulation period from my learning btc market is of 4 year cycle it always gives two opportunities to buy at dip . 3. Always Do DCA . ( if u don't know DCA go and check my other post ) . 4. Diversification of port folio is Must . never Go All in single coin. like if you have 100$ .
buy 50$ btc 20$ eth and so on ! it's all your choice not a financial advice just an example and mine experience .
5 . Before Start future and options trading I'll recommend to become pro in spot .
Hello 👋 All , BTC again supported it's all major alt coin bottoms or else we might have seen massive fall in most of the TOP alt coins . including ETH, ADA , SHIB, DOGE, XRP ,LTC , DOT , SOL , e.g .
BTC is the king who thinks about its people I believe 200% ❤️✌️