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N4G
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Bullish
Big day tomorrow 💹
30 April 2024
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#FIL soon to be. #N4G
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To me, the market has 2 phases of retracement. One that lasts for days / weeks and the other lasts for a 3-6-9 months. To identify the last one, you have to anticipate when the market makers are done playing and just going into hibernation. Simply, they are just getting exhausted, wants to reap profits, let the market reset, so they could come back fresh. Make sure you don't get caught in the net @ this 2nd phase. #N4G
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Trader Turns $2,500 Into $200,000 with High-Stakes XRP Futures Bet. In the fast-moving crypto market, taking risks pays off well for a lot of traders. A trader turned a $2,500 investment into a staggering $200,000 using XRP futures on one of thehigh-leverage platforms. This extraordinary feat, achieved with 500x leverage, offers a compelling tale of risk, reward, and technical precision. The trader entered the market when XRP was priced at $1.9025, leveraging their position to the extreme. With 500x leverage, even the slightest dip to $1.9004, would have wiped out the entire investment. As the news spread, XRP’s value climbed to between $2.13 and $2.29, providing the perfect exit window for the trader. By closing their positions incrementally, they secured a jaw-dropping 7,500% return on their initial stake. Understanding leverage and risk: leverage allows traders to control a larger position with a smaller initial investment, amplifying potential profits and losses. At 500x leverage, the trader controlled a position 500 times their $2,500 investment. However, this high-stakes approach is a double-edged sword. A minuscule price drop below $1.9004 would have triggered liquidation, erasing the entire investment. A gamble that paid off this trader’s story highlight’s the razor-thin line between triumph and catastrophe in crypto trading. While their $200,000 windfall is the stuff of legend, it’s a stark reminder of the discipline, timing, and risk tolerance required to navigate this volatile market. Author: I'm trying to make you read stories for educational purposes. #N4G
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I've noticed recently that I'm starting to get followers who looks as if they are aged between 50-60 years old 'based on their profile pictures' This reminds me of when Social media started back in 2007, our families resisted at first and look where we are now! they even use social media more than us at some cases. Welcome families. #N4G
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MicroStrategy refuses to take profit! During a recent interview with Alex Thorn, head of firmwide research at Galaxy, MicroStrategy co-founder rejected the idea of selling Bitcoin. He said that the community would go "ballistic" if he decided to sell Bitcoin. "They would never trust us ever again," Saylor added. Author comment: I Respect this man, he reminds me of myself back in May 2024, i refused to sell my Kongz meme coin even tho i made x4 my money, but selling it would have created a catastrophic sequence for my team. #N4G
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