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SardinellaBrasiliensis
@Square-Creator-32df50ecc4c4
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I started at the beginning of the 2nd quarter 24 and I think EXACTLY the same. I gained much more than I lost, the difference between us is that I expect to double the capital, I make 50% profit and reinvest it.
#ChristmasMarketAnalysis
WHAT EVERY NEWBYE SHOULD KNOW BEFORE TRADING IN THE CRYPTO MARKET.
Just as I made a lot of mistakes and lost a lot ($) when I first started trading here, I believe that many newbies make the same mistakes I did.
Yes, there were times when I almost gave up. But it was always my fault, sometimes for thinking it was easy to earn higher interest rates than banks pay, sometimes for believing the "motivating" words of influencers (liars and mercenaries) paid to deceive, among other mistakes.
Today, I feel a little more confident. Controlling anxiety is no longer a problem. The greed of thinking that you can make a lot of profit quickly no longer takes up space in my head. For these and other reasons, today I decided to give some basic tips to those who are starting out.
First of all, try to understand the market and its high volatility. Study the currencies, their respective projects and market trends carefully before investing.
Start by operating with little capital, in the short term, on the Spot market, in more consolidated currencies, investing every time they fall and withdrawing profits every time they reach between 10 and 15%.
Use secure digital wallets and do not share your private keys. The security of your assets depends on you.
Spread your investments between 4 and 8 assets, this way it is easier for you to manage risks and minimize losses. Do not put all your money in a single cryptocurrency.
Be wary of promises of guaranteed returns and unmissable offers. Do your own research.
Have a clear plan for buying and selling. Do not let yourself be carried away by panic or market euphoria.
Stay up to date with market news and regulations. Up-to-date information can make a difference in your decisions.
Never invest money that you cannot afford to lose.
By doing this, I believe you will be better prepared to navigate the world of cryptocurrencies in a conscious and safe way.
Have a great week and good luck to all! 🚀
$BTC $BNB
WHAT EVERY NEWBYE SHOULD KNOW BEFORE TRADING IN THE CRYPTO MARKET.
Just as I made a lot of mistakes and lost a lot ($) when I first started trading here, I believe that many newbies make the same mistakes I did.
Yes, there were times when I almost gave up. But it was always my fault, sometimes for thinking it was easy to earn higher interest rates than banks pay, sometimes for believing the "motivating" words of influencers (liars and mercenaries) paid to deceive, among other mistakes.
Today, I feel a little more confident. Controlling anxiety is no longer a problem. The greed of thinking that you can make a lot of profit quickly no longer takes up space in my head. For these and other reasons, today I decided to give some basic tips to those who are starting out.
First of all, try to understand the market and its high volatility. Study the currencies, their respective projects and market trends carefully before investing.
Start by operating with little capital, in the short term, on the Spot market, in more consolidated currencies, investing every time they fall and withdrawing profits every time they reach between 10 and 15%.
Use secure digital wallets and do not share your private keys. The security of your assets depends on you.
Spread your investments between 4 and 8 assets, this way it is easier for you to manage risks and minimize losses. Do not put all your money in a single cryptocurrency.
Be wary of promises of guaranteed returns and unmissable offers. Do your own research.
Have a clear plan for buying and selling. Do not let yourself be carried away by panic or market euphoria.
Stay up to date with market news and regulations. Up-to-date information can make a difference in your decisions.
Never invest money that you cannot afford to lose.
By doing this, I believe you will be better prepared to navigate the world of cryptocurrencies in a conscious and safe way.
Have a great week and good luck to all! 🚀
$BTC $BNB
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I bought at 0.43, sold a little, bought more... My average price is at 0.57. Will it reach 2.5? That's the point where I'd like to sell half my position and hold the rest.
And now, what to do with USUAL?
I may be biased to say that I am riding a 22k USUAL position, but as I have already made clear here, all the metrics we use to price an asset in cryptocurrencies show that USUAL at 0.90 is extremely cheap. And that's without even taking into account what the protocol can deliver in the future.
If you have any questions about the metrics I used, ask me or see my other posts explaining the subject
I would be merely guessing here if I said that it will rise or fall at the launch. On one side, we have the selling force of the airdrop and the sardine crowd desperate to make a quick buck at the launch. On the other side, we have a launch on multiple platforms where several regions will have access, there will be no more purchase limit (whales can take large positions) plus the countless bots that are usually programmed to buy in the millisecond the asset is launched by the brokers.
What I can say is that I see no point in delivering this currency with such high potential at a low price. If there are large increases in value, with the asset reaching $2-5, it may make sense to sell. Otherwise, I think it is more interesting to hold on and trust in the intrinsic value of the protocol and its ability to deliver.
So, what do you think? Let's discuss it below.
I may be biased to say that I am riding a 22k USUAL position, but as I have already made clear here, all the metrics we use to price an asset in cryptocurrencies show that USUAL at 0.90 is extremely cheap. And that's without even taking into account what the protocol can deliver in the future.
If you have any questions about the metrics I used, ask me or see my other posts explaining the subject
I would be merely guessing here if I said that it will rise or fall at the launch. On one side, we have the selling force of the airdrop and the sardine crowd desperate to make a quick buck at the launch. On the other side, we have a launch on multiple platforms where several regions will have access, there will be no more purchase limit (whales can take large positions) plus the countless bots that are usually programmed to buy in the millisecond the asset is launched by the brokers.
What I can say is that I see no point in delivering this currency with such high potential at a low price. If there are large increases in value, with the asset reaching $2-5, it may make sense to sell. Otherwise, I think it is more interesting to hold on and trust in the intrinsic value of the protocol and its ability to deliver.
So, what do you think? Let's discuss it below.
See original
My story in this crypto world and some lessons I can already share...
I started saving money consistently for the first time in my life in April and May, after having already studied something and to continue learning in practice, I bought R$20 of $BTC and $SOL at Nubank. After learning a little about fees and the infinite number of currencies that exist, I soon discovered that I had to leave Nubank and through Primo Pobre's channel and more research, I saw that #Binance" was solid and had good rates.
At that time (May/24) the market was down, but I didn't read many people saying that clearly, but rather "it will go up" soon. It took months for it to CLEARLY go up and here is my first big lesson:
THERE IS NO ACCURATE PREDICTION ABOUT ANY CRYPTOCURRENCY OR TREND! (In the traditional stock market, there are company fundamentals and micro and macro economic issues that are a little more predictable, but even there, nothing is immutable... Cryptocurrencies are a much, much newer market and because of this and other factors that I learn every day, there is no way to predict things too far ahead, everything is a gamble!).
#DYOR What is said a lot here is nothing more and nothing less than "do your own research" AND IT IS FUNDAMENTAL because it is the only way for you to learn to make your purchases and sales consciously and always learning at every step!
#FOMO I don't know the exact translation, but it is something like making decisions to buy or sell on impulse.
The text is getting long, so I will try to make a didactic conclusion about what I said:
This is a business like any other, so you have to buy cheap and sell expensive... But the points "cheap" and "expensive" are very nebulous. Personal example: I bought fractions of $BTC at $57,000 and when it reached $53,000 I thought I had screwed myself and it was going to plummet... One day, with the #FOMO I sold almost everything, even though I read that it was time to buy more (today I understand, I have a personal reference and I gained patience to wait for a new bullish cycle, because in more famous and older cryptos this is more "likely" to happen).
I started saving money consistently for the first time in my life in April and May, after having already studied something and to continue learning in practice, I bought R$20 of $BTC and $SOL at Nubank. After learning a little about fees and the infinite number of currencies that exist, I soon discovered that I had to leave Nubank and through Primo Pobre's channel and more research, I saw that #Binance" was solid and had good rates.
At that time (May/24) the market was down, but I didn't read many people saying that clearly, but rather "it will go up" soon. It took months for it to CLEARLY go up and here is my first big lesson:
THERE IS NO ACCURATE PREDICTION ABOUT ANY CRYPTOCURRENCY OR TREND! (In the traditional stock market, there are company fundamentals and micro and macro economic issues that are a little more predictable, but even there, nothing is immutable... Cryptocurrencies are a much, much newer market and because of this and other factors that I learn every day, there is no way to predict things too far ahead, everything is a gamble!).
#DYOR What is said a lot here is nothing more and nothing less than "do your own research" AND IT IS FUNDAMENTAL because it is the only way for you to learn to make your purchases and sales consciously and always learning at every step!
#FOMO I don't know the exact translation, but it is something like making decisions to buy or sell on impulse.
The text is getting long, so I will try to make a didactic conclusion about what I said:
This is a business like any other, so you have to buy cheap and sell expensive... But the points "cheap" and "expensive" are very nebulous. Personal example: I bought fractions of $BTC at $57,000 and when it reached $53,000 I thought I had screwed myself and it was going to plummet... One day, with the #FOMO I sold almost everything, even though I read that it was time to buy more (today I understand, I have a personal reference and I gained patience to wait for a new bullish cycle, because in more famous and older cryptos this is more "likely" to happen).