Correlation, one factor is that everything is priced based on the USD, if the dollar strengthens, cryptocurrencies fall, if the dollar weakens, cryptocurrencies rise. It is not "manipulation" đ€Ș
Shelton Monforte REeJ
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good afternoon
a question to whom else does this happen or is it just me that the btc chart is almost the same as xrp and other coins
Small budgets, invest what you have and get a job. Don't waste your time trading.
PRO TRADER X
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đ„WHY SMALL CRYPTO BUDGETS SHOULD TRADE, NOT INVESTđđ€Ź
đš If youâve got only $10, $50, or even $100 in crypto, hereâs why investing might be too dumb for you! đš
đ Investing in crypto with small amounts means holding coins for months or years, hoping for huge gains. But, guess what? With just a tiny budget, youâre not likely to see massive profits anytime soon!
đ Instead, you should be trading! Trading lets you take advantage of short-term price movements to grow your funds. In crypto, prices move fastâand trading allows you to make gains in days, hours, or even minutes.
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đ The Difference: Trading vs Investing
Investing: Buy low, hold for a long time, and hope the price goes up over months or years. đ
Trading: Buy low, sell high (and repeat) within short timeframes. âĄ
For small budgets, trading is your best option to see quicker returns.
TRADING OPTIONSđđ: SELL/SHORT-betting on the price going down BUY/LONG-betting on price going up
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đĄ Quick Tips for Crypto Trading:
1. Start Small: Practice with small amounts of crypto to minimize risk.
2. Learn Technical Analysis: Study price charts and trendsâthis will help you spot potential buying and selling opportunities.
3. Set Stop-Losses: Always set a price point to limit your losses, so you donât lose everything if the market moves against you.
4. Trade Smart: Donât just follow hype. Do your research!
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⥠Leverage: Use It Carefully!
Leverage allows you to trade with more funds than you actually have by borrowing. For example, using 10x leverage means you can trade $100 with just $10 of your own funds. But bewareâwhile leverage amplifies profits, it can also amplify losses. Start small and understand the risks! For example if you put $10 on trade with 10Ă leverage and price moves against you 10% you lost $10.
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Final Advice: If youâve got a small budget, donât sit around waiting for the market to go up long-term. Use your funds wiselyâtrade smart, take small risks, and watch your portfolio grow faster than simply holding.
To be profitable with ETC and your RTX4060, the electricity cost must be less than 0.02 USD per KWh. It is more profitable to buy ETC directly than to mine it.
Feed-Creator-jondavid13
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I see that the topic of mining has generated a lot of interest. Please note that based on my research and my mining capability, I have chosen to support the network $ETC which is still POW and for now, it is what my card allows me to mine.
As a hobby it's fine, but it's only causing you losses unless you have virtually free electricity.
Feed-Creator-jondavid13
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I see that the topic of mining has generated a lot of interest. Please note that based on my research and my mining capability, I have chosen to support the network $ETC which is still POW and for now, it is what my card allows me to mine.
Another way to earn passive income is through Binance mining pools. With a little reading and a miner, I have a PC working to generate passive income. $ETC
I have been learning about cryptocurrencies for several years, and one could say that I haven't had much success in terms of profits. At the same time, I have invested time and money. I have won and I have lost; one could say that I have lost more than I have won. But from all of this, there is the learning experience, and every day I remain optimistic, trusting that everything I have learned will someday bear fruit.
If you don't know how to win, don't use futures, use spot
BrunoFx 878
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I am not cut out for this, everything always goes wrong for me đđđđ I will be left without Christmas this year, recommendations to win trades and not run out of liquidity?
Current Price: As of now, TIA is trading around 8.557 - 8.589 USDT on Binance. It has seen a slight upward trend over the past 24 hours, with an increase of approximately 2.98%. The asset remains volatile, so careful analysis is recommended.
Technical Insights:
Support Level: A strong support zone is identified around 8.50 USDT, and a bounce from this level may present an opportunity for a long trade.
Resistance Level: The immediate resistance lies at approximately 8.90 USDT, which needs to be broken for a sustained upward move.
Trend: The current short-term trend is bullish, supported by ascending trend lines and moving averages.
Signal:
1. Long Entry: Around 8.55 - 8.60 USDT with a target of 8.85 - 9.00 USDT.
Stop Loss: 8.40 USDT
2. Short Opportunity: If the price approaches 8.90 - 9.00 USDT and faces rejection, consider shorting with a target of 8.60 USDT.
Stop Loss: 9.10 USDT
Market Conditions: Cryptocurrencies are highly volatile, and external factors, including Bitcoin's movements, may significantly influence TIA's price direction.
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