#2024WithBinance Binance has been very instrumental in my | The_Minerva on Binance Square

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#2024WithBinance 
Binance has been very instrumental in my journey as a trader. Let’s all try to take advantage of all the resources available to us on this exchange!
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TIME TO SELL🤔🤔🤔🤔???? When the market is bloody, what do you do? Sell? Or Hodl? Most often, people sell their coins when the market is bloody because they cannot contain the pain that comes with losing, especially when the money invested is meant for something important. However, the market has proven time and time again that pain and pleasure must be controlled. One needs to know when to book profits when the market is up and how to cut losses when the market down. All is not hunky-dory at the moment but you have to choose your risk. You have to choose whether to hodl until the market recovers, or you sell and buy the deep. The caveat is that no one knows when the deep ends, so you must be careful you do not miss out. I sold Solana out of pain when it got to $8 but now, it is over $200. Same way, some others held unto Luna and it went to zero. This is a market of decisions, and the one you make now could either lead to pain and regret or pleasure and generational wealth. Whatever the situation, you have to make a decision now!!! #BTCNextMove #MarketPullback $BTC $BNB

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The price of $NEIRO is holding above the 0.0014 - 0.0015 structural support zone. As long as this support zone continues to stay valid, there could be a nice recovery to retest the $0.0025 - $0.0030 area of resistance. NOTE: Don’t forget to do your own research. #NFA✅ $NEIRO #MajorAirdropWatch @CZ $BTC

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🚨BEWARE! OVER-CONFIDENCE CAN BLOW YOUR ACCOUNT!!🚨 The highly volatile nature of the crypto market requires that traders wear the armor of confidence in order to withstand the daily arrows of fear, uncertainty and doubts. There is high correlation between confidence and profitability in the market even though it is not exactly 100%. The fact is that, all good traders are confident in their trading ability. Some people are just confident, but if they don’t have an edge in the market, it doesn’t matter; they’re still going to lose money. One of the ways to develop an edge is find a successful trading system that captures in clear terms your entry, exit and risk management rules. For instance, an edge for entering a trade could be when; - the 20 EMA crosses above the 40 EMA - strong price action at key support levels. For exits, you can either exit when - Profit target gets hit - Price gets rejected at an area of resistance - Stop loss order is executed. In terms of profit to risk management, a lot of traders eye an average of a 2:1 ratio Confidence in the market also comes when you develop money management skills. This is because sometimes, a winning trade may not hit your take-profit, then the market’s trend shift bearish. In this case, it is your money management skills that help you to break-even and avoid the pitfall of watching a potential winning trade turn into a losing trade. In conclusion, all good traders are confident in their system. They stick to what works and make the necessary adjustments to areas in their system that need improvement. Beware!!! Over-confidence is a deep pitfall❗️ #BONKBURNmas $BTC $SOL $BONK

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🚨GET A PLAN!!!🚨 I don't know what your opinion is about the market but one thing is sure: The single most important element in the market is having a plan, especially this bull run. Here is why? - A plan forces you to be disciplined in your entry, exit and risk management. This is an essential ingredient to successful trading. - A plan also gives you a benchmark against which you can measure your performance. Please do yourself a great deal of favour by developing a PLAN else you might be an exit liquidity strategy for those who developed and followed their PLAN. In the short-term, you can be following the rules of your plans and still lose money. In such a situation you've not performed poorly. The basic idea is that if you follow the rules of your plan, over the long run, the probabilities of success will be in your favour and you will come out on top. See you at the top🌞 #BULLRUN24 $BTC $ETH $SOL

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🚨THIS COULD BE YOUR CHANCE TO BE A MILLIONAIRE🚨

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