The plan is the basis of action. It can be better or worse. If it is worse and you stick to it, it is still ok. You will simply do better next time. It is worse when the plan was good and you did not stick to it.
Hugo S Centurion
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Cutting Gains
The Trader's Mental Game: Why do we let losses run and not gains?
If there is something all traders face sooner or later, it is the internal struggle between our emotions and our logic. One of the biggest challenges and also the most common mistakes is letting losses run and not gains. But why does this happen? The answer is deeply tied to our psychology and the way we interpret risk and reward.
#EOSProject - do you think it's worth getting into it and buying $EOS for that $100? I have the funds to make the purchase. I understand that it can be paired with e.g. $USDC
#Binance to write a post with a weird hashtag every day. But it has its advantages. You can learn about many things thanks to it. #NFPCryptoImpact - I recommend learning more about it
The market has already shown everyone how it works, but there are still people insisting on saying they know graphic patterns, as if this were a technique that provided reliable direction for making trades. The worst thing is not the people of dubious character who claim to have this knowledge, but those who allow themselves to fall into these people's traps once, twice, three times, five times, n times. Note in high cycles that rats appear from the drains with the same phrases, such as "as I warned you here" or "as predicted by me" or "come to me, you're passing the year".
#OnChainLendingSurge increase in decentralized loans and decrease in the value of BTC and consequently also alts. Are so many people wrong or maybe we can soon expect decent increases?
#CryptoMarketDip - a small correction or the beginning of something bigger? It all depends on how much we zoom out the chart. Trading spot and acting according to the established plan, I sleep peacefully even when blood is pouring on the charts.
#BitcoinHashRateSurge we have a record. The difficulty of mining BTC has doubled in the past year. What does this mean to me personally? Given the halving and the fact that a lot of additional computing power has appeared, I expect the price of BTC to increase in the near future. After all, we have a smaller and smaller pie and more and more people willing to cut a piece for themselves
Do you think it's possible to win even when you're "losing"? Of course. It all depends on your strategy and your plan. Below are my last closed bots. They all look like losses, but are they really?
Mine #plan was as follows: sell when it was high. I set a sell order and at the same time a bot for the same amount, which was to be launched when the price reached the same level. So when the right price was reached, I performed two operations. One returned the funds I spent on the bot.
What happened next? In the version of the price increase beyond the upper part of the grid, my crypto sold high would have given me more USDC. In the case of a price drop beyond the lower part of the grid, I will buy my crypto cheaper. In both cases, I will still earn money on the grid itself.
In all three cases from the photo, version no. 2 occurred. I made money on each of them, even though the history shows "loss".
It all depends on what you want to achieve. That's why the plan is so important. Without it, every transaction you make will be a loss (I could have sold higher, I could have bought lower). With a plan and notes, you always know what's going on.
And the last piece of advice. When you earn, withdraw your profit. Outside the exchange so you're not tempted. You can use #TrustWallet which supports both USDT and USDC on many different networks, including my favorite: OPTIMISM
What will the New Year 2025 bring us? My attitude is still bullish in the long term (weeks) although in the short term (days) I sense a decline. I have some funds prepared for this, but I am wondering what would be worth buying. I am looking rather at the top 10 but not necessarily. I have already bought BTC, ETH, ETC, LTC, BCH and I am waiting. Can you suggest something?
$BNB - crypto worth having. You can use it for transaction fees with a discount. Two, you automatically join the launchpool. Three, if you look long-term you have additional profit. #HODL
My completely private opinion: 1) nothing will be converted automatically 2) it is possible that the USDT/FIAT pair will disappear 3) it will not be possible to buy USDT with a card/from a bank 4)
imhereforlambo
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#USDT do you know what will happen to USDT after December 30th of this year, will it be automatically converted to USDC or another stable? Please reply.
Just in case, I swapped USDT for USDC funds that I keep on an external wallet (profit). Although to be honest, if USDT were to fall, it would have already happened
Shoeb Bin
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Why USDT Could Be at Risk of Crashing
USDT (Tether) has been a cornerstone of the cryptocurrency ecosystem, often seen as a stable and reliable way to hold value during market fluctuations. However, certain risks and factors could potentially lead to a crash in its value. Here are some key concerns:
1. Lack of Transparency in Reserves One of the most discussed risks is the transparency surrounding USDTâs reserves. While Tether claims that USDT is backed 1:1 by reserves, the exact composition of those reserves has often been unclear or subject to scrutiny. If a large-scale audit reveals insufficient or questionable backing, it could trigger a massive loss of confidence.
2. Regulatory Pressure Stablecoins have come under increasing regulatory scrutiny worldwide, and Tether is no exception. Governments and financial authorities are investigating whether stablecoins comply with financial regulations. A major legal issue or regulatory crackdown could impact USDTâs stability or even force its operations to halt.
3. Market Liquidity and Redemption Risks USDTâs ability to maintain its peg relies on usersâ confidence that they can redeem their tokens for fiat currency. If a large number of users attempt to redeem USDT simultaneously (a "bank run" scenario), it could expose weaknesses in Tetherâs ability to meet these redemptions, leading to a loss of the peg.
4. Competition from Other Stablecoins With the rise of alternative stablecoins like USDC, DAI, and others, USDT faces growing competition. Some of these competitors offer more transparency, decentralized governance, or regulatory compliance, making them more appealing to users and investors.
5. Crypto Market Volatility The broader cryptocurrency market's volatility also poses risks to USDT. A sudden market downturn or liquidity crisis could test Tether's reserves and redemption mechanisms, potentially leading to instability.
Whatâs your take on USDTâs future? Share your thoughts in the comments below!
Reading your articles and observations I wonder about #Crypto2025Trends - I still think that alt season is still ahead of us and my plan is to wait until I can sell higher what I bought earlier, i.e. $LTC $ETC and $BCH Of course I expect that the market may fall much lower than it is now and I am also ready for such a turn of events. #PlanB
#XmasCryptoMiracles Holidays Holidays and after the holidays that's how they say it in Poland, and I have a slightly different approach because I plan to celebrate the whole year thanks to cryptocurrencies, although I still have a little bit left and on Monday I have to go to work for two more days, but 2025 I have a feeling I won't have to anymore đ #kryptoMilioner
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