👊 Nothing is lost, crypto pioneers, fighters, beginners and believers! 👊
Check out the weekly chart - The RSI is nearly oversold, EMA and MACD healthy (bull wise), and so on. Markets move up and down, wars are on the verge of being started, executed or ceased since the beginning of candles recording, people get voted or not, sharks and whales trade and erase (by being clever or manipulative) and so on.
Choose wisely if you are contributing to the fear index or position yourself with the funds you can afford and profit from your confidence and life experience, and take decisions cool as cat.
Referring to the weekly chart, long term investments should still be fine and some of you probably agree. If you do or don’t is up to you, as I am expressing my own experience and risking my own money, but…
…I‘m wishing fair winds and following seas for every crypto pioneer, newcomer, experienced futures scalper, with tons of profits and victories after this volatile period.
Cheers to all of you!
No financial advice or services. Do your own research #MarketDownturn $BTC $ETH
BTC hardened it‘s position and strength, and consolidated the current price with some bullish sentiment and positive signals.
So what’s the impact on ALTs? There are some upward momentum tendencies among sideways channels, which show a promising future move. At least: a bottom and support is found and delicate rebounds on the charts.
But is this the starting point of an ALT season?…
…A deep dive into boring charts and lazy a_nalysis paintings, among exhaustive descriptions TO FOLLOW TOMORROW 👍🏻👊 I AM BULLISH
Cheers crypto pioneers!
____ Do your own research. No financial service or advice! #BTC☀ $SOL $ADA {spot}(ETHUSDT) _
READ THIS FOR A DEEPER DIVE INTO THE CURRENT MARKET POTENTIAL!
(Retransmitted as original text got „swallowed“ by the beautiful binance filter algorithm 🤔😉😘)
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🚀 MARKET UPDATE JUL 24 🚀
Things rollin' in accordance with previous posts and technical a_nalysis weeks and months ago (if applicable to crypto charts and unregulated market conditions AT ALL and not overreacting to FUD/US Data/insider trading...).
Let's dive deeper with some chart tools and indicators into my greedy-bullish sentiment! point of view:
- Based on the Elliott Wave theory, there might be a pattern continuation. It started (encircled area picture one months ago) it's uptrend after retracing to approximately 27.5k with the leg 1 and painted a perfect leg 4 down to 56k, touching the 200 EMA on a 1d chart (picture 2), in order to finally take off for leg 5. Where will it land???: 103k are MY goal!
- Having tried the resistance @71-73 k three times, BTC should make it this time and swallow it easily, making the leg 5 rock solid as soon as closing above 74k. This will pose the last chance for late but safe entries (security oriented investors). Why should it reach 74k?: Check out pic 2 MACD and EMA crossing (encircled) for a long term ascending trend, and a nice rebound from the support line @EMA 200 (underlined) Even as the RSI is a little oversold, the long term momentum should make it easy to surpass the resistance with ease.
Conclusion: If the market respects the demand and positive pushing into crypto by governments, institutions and big fishes, paired with fiat and gold struggles, i keep on expecting a new market ATH within the next months. Any other chart readouts, friends? (Pardon embryonic painting. Underway and SPhone produced)
Cheers crypto pioneers! - Fair markets and following charts to everybody - Your T4P ___ Do your own research. No financial services and advice - Subjective opinion based on some years in the market $BTC $ETH $SOL
Things rollin' in accordance with previous posts and technical a_nalysis weeks and months ago (if applicable to crypto charts and unregulated market conditions AT ALL and not overreacting to FUD/US Data/insider trading...).
Let's dive deeper with some chart tools and indicators into my greedy-bullish sentiment! point of view:
- Based on the Elliott Wave theory, there might be a pattern continuation. It started (encircled area picture one months ago) it's uptrend after retracing to approximately 27.5k with the leg 1 and painted a perfect leg 4 down to 56k, touching the 200 EMA on a 1d chart (picture 2), in order to finally take off for leg 5. Where will it land???: 103k are MY goal!
- Having tried the resistance @71-73 k three times, BTC should make it this time and swallow it easily, making the leg 5 rock solid as soon as closing above 74k. This will pose the last chance for late but safe entries (security oriented investors). Why should it reach 74k?: Check out pic 2 MACD and EMA crossing (encircled) for a long term ascending trend, and a nice rebound from the support line @EMA 200 (underlined) Even as the RSI is a little oversold, the long term momentum should make it easy to surpass the resistance with ease.
Conclusion: If the market respects the demand and positive pushing into crypto by governments, institutions and big fishes, paired with fiat and gold struggles, i keep on expecting a new market ATH within the next months. Any other chart readouts, friends? (Pardon embryonic painting. Underway and SPhone produced)
Cheers crypto pioneers! - Fair markets and following charts to everybody - Your T4P ___ Do your own research. No financial services and advice - Subjective opinion based on some years in the market $BTC $ETH $SOL
Anybody an idea how to claim profits with the NFTs for airdrop (earned by completing tasks and paying some eth fees I am not willing to forget and waste)?
I own two of them, among 25 UXUY, and they show up cut off but you can click both and they are fine. Pictures attached. Or will the (not yet executed) airdrop for Binance web3 accounts on arb chain bring the profits and the listing of UXUY/USDT? UPDATE 16/07/24 from UXLINK Telegram chat: The airdrop will probably be executed 18th/8AM
Any other users with the same situation and opened but not yet completed „to do“ task? Or is all this process a huge screw up scam?
The second dip is in and BTC should loiter around this price range (around the 200 EMA) for some days. The bull or bear to be decided and shown with some strong spikes afterwards. SOL and other alts showing some resistance and strength already.
Wishing some good trading hands and tremendous success for everybody!
Cheers crypto pioneers 🍀👍🏻
- Do your own research. No financial services and advice - Subjective opinion based on some years in the market
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Bullish
Being quiet for two weeks, I’d like to depict my view of the market and probably invite you to join the calm mood:
The “shakedown” takes two dips during which I usually don’t post cheering stuff. You either did your homework before and stick to your plan, or loose your head anyway whatever serious traders with a certain level of confidence and coolness state. The secret is: Where did you position yourself before “the play”
So it’s a waste of time to fight against overpowered and inexperienced waves and tides of dreamers and first day traders freaking out FUD. You just go the rip curl way because you know it’s going to bring you to the run by itself. Cheers to surf dudes and cracks 🤙🏄
Step back, reconsider and go for it. All the best for every trader in here anyway !!!
Being quiet for two weeks, I’d like to depict my view of the market and probably invite you to join the calm mood:
The “shakedown” takes two dips during which I usually don’t post cheering stuff. You either did your homework before and stick to your plan, or loose your head anyway whatever serious traders with a certain level of confidence and coolness state. The secret is: Where did you position yourself before “the play”
So it’s a waste of time to fight against overpowered and inexperienced waves and tides of dreamers and first day traders freaking out FUD. You just go the rip curl way because you know it’s going to bring you to the run by itself. Cheers to surf dudes and cracks 🤙🏄
Step back, reconsider and go for it. All the best for every trader in here anyway !!!
HEAVY WEIGHT TRADING SKILLS GUIDE FOR BEGINNERS. TAKE THE CHALLENGE NOW!
As plenty newcomers are asking, I’d like to take the opportunity and time to share THE REAL SKILLS which will make you profitable or alter your profits. It will be a tough and sometimes time consuming journey through plenty pages, topics and probably time consuming "field studies" afterwards, if you like it. But its mandatory if you REALLY want to master it: If you don’t have the motivation and drive in you to study words and work with them, rethink them, try to follow them,… ..then stop reading! – You won’t make it without investing brain and time into the things I write or propose, and definitely lose money. You’re not a trader or will not become one then. You’re a gambler…or lazy…or disillusioned…or desperate…or whatever, but it’s not enough to make it. Just give up and save your money and health, because the clever people in here will sooner or later have your money and you will be sad and down, in worst case broken.
Are you still reading and in? …....3,……..2,….…1,……… CONGRATS!
You didn’t run away. You didn’t take the convenient and lazy way. It’ll be difficult but good. I promise. But if you bite and fight through, you’ll earn knowledge (at least) and find a work which will make you happy, proud, and independent if you will succeed! And now the teaser regarding my first content, and important motivation in order to help you through your reading time. Inhale this: “Knowledge is the most effective weapon. You need it in order to become or stay happy and proud. I mean to become really profitable and therefore also proud and happy (or vice versa?), even if you are swimming in a shark pool. With knowledge, they either avoid or follow you, both because of deep respect and appreciation”
GUIDANCE PART 1
ONCE AND FOR EVERY PART OF MY FOLLOWING POSTS REGARDING THIS GUIDE: FROM NOW ON – NO BULLSHITTING, NO FUN, I AM NOT LYING, PRETENDING, WHATEVER... ONLY CLEAR AND SOMETIMES HARD WORDS AS YOU DESIRE TO MASTER A DIFFICULT JOB AND I RESPECT YOUR CHOICE AND WANT TO PUSH YOU AND HELP YOU IN A STRAIGHT WAY. YOU REQUIRE THE TIME TO STUDY AND TRY OUT AND NOT TO READ ALL DAY LONG FOR MINIMALISTIC INPUT. RIGHT? (By the way: I am not the only one. There are plenty very good traders in here. They describe the same things with other words – Respect and greetings to all of them from the bottom of my trading heart!)
Are you still in? I luv it. Let’s fight through – I’m with you (and passed all this steps by myself with huge amounts of: hard work, swearing, loughing, hate, fun, tears and deep shame, and so on…). Let’s go.
GUIDANCE PART 1.1
“Respect a) yourself and b) others” Yourself: If you are too weak, you don’t read this words as you gave up already, but that’s not our problem. The big deal for you is: You are willing to learn in order to get better. Great. You are willing to invest time and brain cells. But respect your body and soul. You will produce mistakes during your studies and they will hurt. Reread, rethink, take one step back if in doubt, get some distance and come back later with new powers. Don’t overpower at any time. You can’t sleep anymore? You are shaking, stressed, mistake buttons on your trading platform? Your body sends some scary signals? Step back! Continue! Review! Continue! Decide if you can face and withstand it for years. Why would you learn a skill but not be able to execute after you passed all exams? What the heck you think? “Is he a doctor?” Nope: The important guidance 1a) to follow: STUDY HARD, if you think you are done STUDY HARDER, AND CONFIRM YOUR KNOWLEDGE ON DEMO ACCOUNTS ONLY!!!! YES. DO IT. AGAIN: LEARN AND STUDY ON DEMO ACCOUNTS ONLY! I thought I got it and understand all in order to begin on live accounts and have lost a lot of money which I could have used for other useful actions. No joking. But it was less than the amount of lost money required to break me. But only by coincidence! Don’t try it this way, even if your brain says “I want money now!” You will make it with the right knowledge and mental mindset and the building of both won’t cost you a lot of money BECAUSE YOU WILL TRADE DEMO / SIM ONLY FIRST!!!!!!!!!!!! You will suffer a lot less from stress, pressure, pain and get a certain resistance against the pressure of the market, of decisions. So begin slow with a lowered pressure ON DEMO ACCOUNTS!!!
GUIDANCE PART 1.2
So what about “respect other traders?”: Your profits will origin from somewhere. It’s not only dumb people. Pros mistake from time to time. Average people mistake, rich people mistake, everybody mistakes at one point. Respect, that the money was owned by somebody else before who is clever as well. Or maybe it was somebody’s money who didn’t continue to read plenty words before. But you did and you learned! Perfect! So what about respecting other people??? The important guidance 1b): Don’t be overconfident and remember how hard it is/was to learn. But everybody is overconfident at a certain stage or point. So what will save us from paying a lot for being overconfident and do id…ic things? How can we test how it feels to be overconfident, stupid, whatever not usefull???...............YOU ARE RIGHT!: WE TRADE DEMO / SIM ONLY FIRST!!!!!!!!!!!! And AFTER we replicated profits plenty times and weeks we go for the real stuff. I scalped for approx. 1 year (not everybody is a genious…or overconfident?) on DEMO ONLY, and still made some mistakes. Hope you learn continuous, with the right attitude and perfect results, to finally respect yourself and your achievements, and be proud about mastering the first stage.
GUIDANCE PART 2 Part 1 didn't catch you or you are at the verge of "lousy and boring crap. I give up"... OK. The center of gravity of trading (MOST IMPORTANT THING TO MASTER IN TRADING!) unveiling will catch you for the next weeks, months and years. You have to manage to love it, as your pro life has to and will be focused onto the following questions: 1. Where was the market? (Try to become fast in answering. If you do business daily, this task only consumes a lot of time if you want to jump into a new thing you never had in your portfolio. Do all: What am i buying or selling? Where is it coming from (chart wise). 2. Where are we now? There are only 4 different states: 1. A sideways market(trades within a horizontal range without forming any distinct trends) 2. trending up market (bullish), 3. trending down market (bearish), 4. chaos caused by crisis (as war),speculations and insider trading(market crash,rugpull,scam),disaster appearance(flooding,vulcano...) You can trade a channel, bull or bear (go long or short).You close all suddenly if 4. appears! 3. Where will it most probably go, and therefore: am I in a good position to enter now? Forget people saying "Sure thing. pay my signal and you will make sure 234560000% profits"-They are seducing you. They aren't wizards and nobody will share a sure winning holy grail with you (Reasons: If you use it as well you could brake it, or if you make millions a day you don't waste time with signal provider tasks, you just enjoy your life and sip on cocktai)- You have to build your win/loss quotient and improve it.
GUIDANCE PART 2.1 I will share the tools i am using for trading but not how i am using them. You wouldn't study properly if i would, among other factors 😉 The tools I usually prefer to answer question 1 - 3 of the previous post: 1. Elliot Waves 2. Patterns (Wedges,Flags,Triangles) 3. Andrews fork 4. Leonardo Fibonacci Ratios 5. MACD 6. PSAR 7. RSI (most useful in an oscillating market - A goodie i am giving you for free) 8.Bollinger Bands 9. and other...
IMPORTANT: - Understand them in total! No kidding! It will take a looooooooong time. Don't use all at once! Find out which are to be used in which market condition. Example for challenges: Compare the same coin and indicator with different time frames - How does the indicator change? - Stupid/painful way to master this step: Open real account, burn your money in seconds and give up and run away or continue reading afterwards with tears in your eyes - Clever/a little painful way to master it: Open a DEMO account, go short and long (Another gift for you - Trading short is a lot easier than long. Find out by research why!), and reproduce positive experiences over and over again. Thousands of trades! (Meanwhile you save money to commence real trading after you are prepared and experienced. You need a huge bag, as real trading behaves different compared to demo accounts and nobody can avoid loss trades). - You understand the previous thing? Really? Great. I prefer MetaTrader5 and TradingView for Futures,CFD,FOREX,Bot trading and so on, and trade crypto mainly on Binance with the provided tools. You love crypto only and don't want other software? - Use BINANCE DEMO tools and participate DEMO tournaments to test your skills. Choose your DEMO Plattform and Software NOW and go for successes and tears!
GUIDANCE PART 2.2 You mastered previous steps? You know if the market is trending or oscilating and are experienced in analysis and execution tools? PERFECT! You will never ever lose this knowledge and are a winner already. I am happy for you. Honestly. It was some hard piece of work. Now a psychology and math thing: Don’t lie to yourself about the time you spend doing b….hit research and analysis. Plenty people end up in this trap. You are only profitable, if the amount of energy (including your valuable time, your psychological battery, your motivation) and money invested is low and the profit you harvest feels like “I was paid well, sometimes very, very, veryyyyyy well. I am happy, entertained and full of motivation and power. I am proud to be part of a small community of professionals, have a fulfilling and hopefully never ending job, and enjoy nearly everything about trading.” That’s our, YOUR GOAL AND TARGET, AND YOU WILL REACH IT!!! Everything else won’t work and last for long. Believe me. It will burn you and your money. Stop trading and use your time for things which make you happy. GUIDANCE PART 3 I'm sure you're deep in lecture of indicators, oscilators, trading palttforms (don't forget to look up things as fees, spread, slippage, swap - can chew up a lot of your profit, as you will commence trading with small amounts, right?), software and so on, and it will take years to understand all of them - No kidding. After parts 1&2 you will know what the goal is and how to produce and increase the ratio to get you profitable
BUT NOBDOY 😉 IS PERFECT! Read this 1. "It does not matter how much you earned, if tomorrow you can lose all the money" 2. "The only thing you can control in the market is your losses" 3. "The market is business! As long as you are stupid, it will chew you and spit you out!" and think about them. They are related to respect towards money, they include the greed/hope/"trying to do lucky punches because of previous loss" mistake, and the laziness problem.
- Consider how often you can mistake a trade with a 10% stop loss compared to a 2% SL. Choose easy trades with low volatility only. Highly speculative bring high risk and will most probably hit your SL with their amplitude (before going into the direction you predicted they go wild. Happened to me a lot) Don't do it, or think about this: "Live with the kickout, as it only occurs because you've sc...ed up the entry...But survived with enough equity to enter the next trade!". This will make you more eager to master perfect entries! - Learn to TAKE PROFIT (seldom you make a lot of money with one trade. It's usually one "juicy" of plenty) and begin first with a very tight manually aligned STOP LOSS (or TRAILING STOP). It probably sometimes ceases cosmic profits but makes sure profits - The cosmic ones you produce with mint entries, and you need every profit to leave space for mistakes!
GUIDANCE PART 3.1 Read this part only if you master all previous topics!
“THE LAST CALL OPTIONS”
Real trading means: You swap the stuff you deal often. Very often. You don’t wait for the regular market and slow price action for weeks, and for sure you don’t trade one way only – you go long and you go short, with different coins simultaneously (I have an average of 40-60 open positions every second of the day, in different markets). You leverage your positions as you want to move a lot of money with peanuts. Yes, compared to institutions you are a small fish and you will have the skills to go in and compete against bigger sharks if you master my previous steps. At a certain point you’ll come to leveraged positions, futures, options, and so on. But what happens if you mistake? Everybody mistakes. Read the THREE possible ways to “clean up the crime scene” or avoid “collateral damage”, if you are as cool as ice and your position is in loss:
1. Averaging (including Martingale): You went buy and the price is going down? Open other buy positions, even if the price goes down. A.If you do martingale, you will open a bigger position every time you open a new one, or B. only one which is much bigger than your first buy position in loss at the end of the problematic period (market is going the wrong direction in comparison to your trade). Problem here: Max risk. Be sure to keep cool until a SURE signal to average comes. You have to watch the loss growing and still be cool and avoid panicking, and enter a multiplied buy position before/when the market reverses (mint entry!) or several positions during the way down. Consider the first words of this post!!!
GUIDANCE PART 3.2
Read this part only if you master all previous topics!
“THE LAST CALL OPTIONS 2” Real trading means: You swap the stuff you deal often. Very often. You don’t wait for the regular market and slow price action for weeks, and for sure you don’t trade one way only – you go long and you go short, with different coins simultaneously. Eager people produce a lot of good stuff but mistake as well. No way you will not.
Options if you mistake: 2. Hedging: You went buy and the price is going down? Open a sell position which is bigger. A.Wait until you are out of mud (zero loss) and close if you are cool. B.Wait until you are in nice profit and close, if you are a beast and need to satisfy your soul with this move in order to forget the idoitic entry. C.Wait until you are in nice profit and close the sell position ONLY, if you are sure you arrived at the reversal of the market towards a bull, as you will “earn” with the less loss the buy position will produce from now on additionally. For real adrenaline junkies. All options MAX RISK. Consider the first words of this post!!!
3. Hedging to freeze: You went buy and the price is going down? A. Freeze the time for you only – Open a sell with the same amount. Now you have time to rethink your options, even if the market is going wild. Will you choose Averaging? Martingale? Close all with loss? Nothing is a problem anymore, as you froze the situation and take a deep breath. B. Additionally, this can be used to secure your assets (and profit!) in very volatile market conditions as well. Go holidays without closing all? Easy: Freeze it (of course it will cost you trading fees, but safety first!) Both options A.&B. NO RISK but additional fees. END OF ALL PARTS
CLOSING WORDS: Trading at it’s best contributes into happiness and wealth. My last words will describe the turning and accelerating point in my trading behaviour. My behaviour and practice changed at a certain point. I experienced, that trading with extrinsic motivation (I want more wealth/profit because somebody else has more than I have currently. I want a bigger car, house, power and respect) lead me to risky and catastrophic trades and even if they were profitable I wasn’t happy at all – My power and motivation decreased, I went into an embittered mood even being in total financial wealth and health. The thing that made me happy was intrinsic motivation. I wanted to improve in order to get rid of pressure, to beat myself in skills and knowledge, to support poor kids and invest into ethics and morality, into sustainable things and environment, to support my family (house, university fees and so on). The more money I made with this method the less I cared how much I own and the independence and happiness increased ballistic.
Hope you have enjoyed this reduced guide (the goal was to be short, snappy and expedient) and wish you always fair winds and following seas in this dangerous but fascinating waters - ALL THE BEST AND HUGE PROFITS FOR EVERYBODY! Remarks: 1. Don’t trade and cook simultaneously 😉 2. No financial advice. Do your own research
Read, inhale & think about now and remember forever if investing even a cent into coins:
1. Forget "again user x made 234,567 Mio in 2,3 hrs" posts - You most probably won't reproduce it if you're not really, really, really...... lucky. Gambling, betting and lottery have bigger winning rates.
2. Don't put your money blindly on the desk - Why would you earn fiat with hard work, and finally go to a shop to buy ANYTHING the vendor chooses? Will he give you the bestsellers or some old crap, most probably?
3. Don't follow signals blindly - Do you know the person behind the user name? Do you know and understand where his reputation comes from? What, if he is a rich 12year old with some luck throughout the last few months, but finally blows up his account, pulling you into the total loss? Does he care about 5.000 USD? Do you?
4. Why do you think there are influencers? Do you recognize if somebody shouts out a product/coin too loud? - This people are there to produce opinions, fear, greed, pull you into deals you don't really require, to whatever... They are there to produce money for people instrumenting the market from the top. This people are there with a lot of money and INFLUENCE the market with their tools (the influencers) in order to make more money and you are not one of them. That's it! Usually, there are no reasonable facts behind the rumours they produce artificially. The point is: You never know when they trash the product and leave you alone with a lot of loss because you weren't in their circle. So forget posts like "MUST BUY COIN XXX! 5000000% profit!!!"
READ MY OTHER POSTS FOR FURTHER IMPORTANT FACTORS I'VE EXPERIENCED —— If you enjoyed reading this article and appreciate it - Please leave a "like", comment and/or follow. Cheers!
- Use the „search content“ options please. People get bored regarding the same questions, requests, and for sure opinions. There is no need for the same topic, described in other words or processed through an ai text editor (one should say that’s at least a little braincell usage and in comparison to other techniques a sophisticated way and at least a little sweat was produced during the clicks…Respect! You did more than other copycats)
- Not everything is an alert, important, of great value. Consider the position of other people, your funds, amplitudes of the market. Just don’t shout out for clicks only. Are you in? Do you have the experience and self esteem?
- Do you think your point of view is really important and top notch most important and new thing ever heard? Do you think you will earn respect or even money with your words, ideas, opinions?… Reflect, be honest, save your time and energy.
- Do you really think you are the first one in here who will make the millions with scam, deception, cheap tricks? Wake up and save our time and our usually nice square. Reflect yourself and think about honesty, humanity and ethics. Nobody believes in millions within a day, from lorry to Lamborghini in seconds, from zero to hero. Get a life instead of lies and you’ll feel proper and overwhelming strong and good.
WHOEVER KEPT ON READING UNTIL THIS LINE: IT HAD TO BE SAID AS THE SQUARE BECOMES A USELESS TRASH BIN INSTEAD OF A NICE OPINION AND INFORMATION EXCHANGE TOOL. I AM NOT WILLING TO ACCEPT THE MISEDUCATIVE AND TIME WASTING CONTENT IN HERE AND HOPING FOR YOUR SUPPORT IN ORDER TO SAVE AND DEVELOP THIS PLACE.
- No financial advice. Subjective opinion. Do your own research and block useless crap 😉🤣
INSIDER insights on the different types of crypto trading strategies versus airdrops, emphasizing their risks and advantages, including effective trading practices.
DO YOUR OWN RESEARCH AND STUDY. NO FINANCIAL ADVICE
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💰SPOT/FUTURES TRADING vs. AIRDROPS AND FARMING - PROFITABLE SYMBIOSIS GUIDE💰
You probably think “Are you kidding me? Where is the point/ties? How?”
There are many posts regarding the basic value risks used for ADs and farming. Let’s go a step further Our participation in all ads and farming projects this year showed huge differences in final profits and required efforts to be invested prior to seeing the results. Both most important factors as risk + fees and time you spend made most! of the projects a waste of time compared to the risk we took and time we wasted with tricky beta version like DApps, waiting time, withdrawal problems and juicy “process” fees… But there is light within the darkness of distraction, seduction and confusion. Most important experiences were: There are projects which don’t freeze your money for a long period (no fear of a huge loss produced by the basis value/coin (even other coins than compared to USDC and USDT) as you put money in, complete tasks and withdraw it immediately) AND include low to no fees. WOOfi and plenty other were a pain, meanwhile farming with USDC or completing RDNT tasks (you can still fulfill within minutes - go for it 👍🏻 as it will disappear soon) was a no brainer. Just two examples. THIS PROJECTS POSE THE ONLY ONES WITH LOW TO NO RISK AND EFFORT.
There is a lot of darkness: Are you sure the ETH, BNB, WBETH, whatever coin fixed for days will always gain and simultaneously you will get enough airdrop to compensate the risk you took? Even a stable coin (USDC?) produced mere results during last farming periods meanwhile converted into USDT and invested into simple flex earn it would have had a 25% API. Are you sure, the coin you invested won’t vanish by intended scam schemes one day? What about the time invested into fingering around with beta version DApps rewarded by sometimes max lousy airdrop amounts? Whatever; the main question to be answered prior thinking about previously described issues remains always same and is a mandatory task - Will the calculations effort put into a project before investing be paid out with profits finally? FOR THIS PROJECTS SUCCESS IS SELDOM OR COMES WITH ALTERED RISKS (compared to the procedure we execute @T4P. Check the following text out 😉)
So what could be the way around, if option one isn’t available daily (the no brainer thing)? We experimented a lot. The most profitable solutions were experienced in “hybrid tactics”: If you are sure the basis coin will grow (you have to do this analysis homework prior farming/ads anyway) why don’t you trade it with low leverage? You can cease it any time you want and are not tied to fixed participation times. You can invest into another coin with higher growth expectations meanwhile other people earn peanuts with an airdrop and growth of the basis coin. You don’t have to read whitepapers, finger around with new error producing DApps, transfer spot to other wallets (fees), and so on. THE HYBRID WE DID: DO ONLY NO BRAINERS + ADDITIONALLY TRADE FUTURES OR SPOT (EVEN WITHOUT LEVERAGE) WITH ANY COINS WITH MORE POTENTIAL THAN THE BASIS COIN FOR PROJECTS, AND PUT THE PROFITS YOU PRODUCED WITH THIS PROCEDURE INTO NEW AIRDROPPED/INVENTED COINS AFTER THEIR MARKET RELEASE.
Results were (the data we compared for every ad/farming was: day of projects release until market release): Less risk, no scam possibility, option to swap to other more profitable coin at any time, same analysis requirements, less eligibility work…and finally… HIGHER value achieved with trading other things until buying the new coin after it’s release (we were able to buy more (and did the no brainers as well, of course)) in our wallet in comparison to having pushed our money completely into a project (farming/ad). Clear result I’d suppose.
CONCLUSION: if your skills are fair to good, go for the hybrid solution only (means: sometimes you wait as there is nothing profitable at all as even entering a new release without prior farming would pose a huge risk) instead participating in every project. If you are a new trader, do the no brainers only instead participating in every project.
Cheers crypto pioneers! 👍🏻
Do your own research. No financial advice. #TrendingTopic
STUDY some insights on the different types of crypto trading strategies, emphasizing their risks and advantages, including effective trading practices.
Based on plenty overreactions, I’d like to bring some dry facts referring to both big players BTC and ETH, as well as low caps and other:
May 3rd, 15th and 20 brought some huge increases of summed up approximate 25% for BTC and 30% for ETH. The charts are attached to show you the huge amplitude (Example: 19,… % for ETH in one day!)
Of course, if you invested after this huge gains and both of them gave away some of it (let’s be honest- it’s only an approximate loss of 40% of profits for ETH AFTER IT GAINED 30% overall and 50% profits loss for BTC after it gained 25% overall !!!) you might be depressed, but it’s not a sign of a weak market. It’s a sign of a bad entry and a regular market behavior with speculative or new alts and stihcoins reacting more harsh than stable coins. You are not the only one with a bad entry and there are also other traders sitting on decreased profits but still happy with their positions. Nothing else.
And now take the decision to cut losses, DCA, or keep your positions frozen in unrealized loss (position not closed) until the market regains momentum. Big question here: Were the gains a sign of an ongoing strong bull which takes a deep breath now?
Hoping to being able to provide you at least a situation picture and get you out of uncertainty.
Cheers crypto pioneers! - No financial advice. Do your own research
The index on binance shows a 74 points greed (which is near to extreme greed)
MEANWHILE EVERY SENTIMENT KLICKING USER WITH EVEN A 1 USD LOSS IS VOTING VOR BEARISH (AS WE ARE NEAR TO ABSOLUTE PANIC - IF YOU READ THE POSTS YOU CAN SEE AND NEARLY SMELL IT 🤣)
Did BINANCE switch the counter off? System admin ran?
Guess what? - Vast amounts of long positions get liquidated now and there will be tears. Hazardeurs, overweight (10x plus) leveraged, or too tight stop loss traders get shaken off, as they are to small or greedy to get a seat in the rocket. That’s how money changes hands in the market.
The path I take is to surpass the V shape candle pattern, keep cool and wait for BTC to close above 71.450 in a few days, in order to enjoy profits on it‘s future way up. It will trawl SOL and ETH, among other alt coins, in it‘s wake 👍🏻
JUST CHECK THE DAILY CHART IN LONG TERM OR INHALE THE WEEKLY CHART.
Are you the cool cat as well?
_ No financial advice or professional selling behavior. Do your own research. Respect your risk posture
DON’T PANIC - FOR BEGINNERS! if you didn’t invest on loans or with money you require to live.
Why? Some numbers to consider: During the last cycle, my spot portfolio experienced a drawdown (unrealized loss - means if you don’t close positions but they show loss) of 69%!
BUT
I kept calm, swapped some stuff from oversold coins to mega oversold coins by doing a lot of maths (yes, it’s nothing about feelings or being a fan of a coin - you have to do maths and probably take stop loss for better opportunities)
AND
made a profit of 187% until May 24!
What do I intend to express?: I don’t want to show off - No kidding. Just an explanation what’s going on. It’s called “the play” or “expansion phase”. That’s the way big institutions shake off small investors and jump in into positions/accumulate even more (playing both short and long during the process). If you did your homework AND INVESTED THE MONEY YOU CAN AFFORD FOR REAL, the signs for an upward trend are nice currently and there is a lot of potential profit in the market. If you want to rearrange you bags: Best period to look for max oversold coins
Hoping for huge returns for everybody. Good times will follow (see motivational pics of my coins portfolio in April)
Cheers crypto pioneers! _ No financial advice. Do your own research #TopCoinsJune2024 $SOL
FET, OCEAN and AGIX showing some money inflow and therefore concurrent sentiment in comparison with the market.
Considering the soon merging of the coins and strategical positioning of the companies involved there could be further volatility, coming along with futures trading opportunities (scalping until next Wednesday)!
Overall, my expectations are bullish to channel sideways market, with ASI increasing or holding price against the remaining markets sentiment. As soon as everyone finds out it’s outperforming other alts as ETH and SOL profits may go parabolic.
Holding all mentioned coins, as I think they are aspirants for seats in the alt season rocket 🚀
What’s your opinion regarding the current price action? Feel free to comment and vote
Read, inhale & think about now and remember forever if investing even a cent into crypto:
1. Forget "again user x made 234,567 Mio in 2,3 hrs" posts - You most probably won't reproduce it if you're not really, really, really...... lucky. Gambling, betting and lottery have bigger winning rates.
2. Don't put your money blindly on the desk - Why would you earn fiat with hard work, and finally go to a shop to buy ANYTHING the vendor chooses? Will he give you the bestsellers or some old crap, most probably?
3. Don't follow signals blindly - Do you know the person behind the user name? Do you know and understand where his reputation comes from? What, if he is a rich 12year old with some luck throughout the last few months, but finally blows up his account, pulling you into the total loss? Does he care about 5.000 USD? Do you?
4. Why do you think there are influencers? Do you recognize if somebody shouts out a product/coin too loud? - This people are there to produce opinions (news), fear, greed, pull you into deals you don't really require, to whatever... They are there to produce money for people instrumenting the market from the top. This people are there with a lot of money and INFLUENCE the market with their tools (the influencers) in order to make more money and you are not one of them. That's it! Usually, there are no reasonable facts behind the rumours they produce artificially. The point is: You never know when they trash the product and leave you alone with a lot of loss because you weren't in their circle. So forget posts like "MUST BUY COIN XXX! 5000000% profit!!!"
Cheers —— If you enjoyed reading this article and appreciate it - Please leave a "like", comment and/or follow.
Guess what? - Vast amounts of long positions get liquidated now and there will be tears. Hazardeurs, overweight (10x plus) leveraged, or too tight stop loss traders get shaken off, as they are to small or greedy to get a seat in the rocket. That’s how money changes hands in the market.
The path I take is to surpass the V shape candle pattern, keep cool and wait for BTC to close above 71.450 in a few days, in order to enjoy profits on it‘s future way up. It will trawl SOL and ETH, among other alt coins, in it‘s wake 👍🏻
JUST CHECK THE DAILY CHART IN LONG TERM OR INHALE THE WEEKLY CHART.
Are you the cool cat as well?
_ No financial advice or professional selling behavior. Do your own research. Respect your risk posture
Anybody an idea how to withdraw USDT (they were required in their DApp in order to fulfill tasks for a ZK AirDrop) back into the Binance’s Web3 wallet. They are available for withdrawal, but the 0.007 ETH fee is horrendous. There must be a way to get it back? Do I have to swap them in the ZK App into another coin? Any other tricky way?
Anyone facing same problems?
Pictures added in order to show different fees, which finally aren’t as high as depicted….