Going to do a $100 to $1000 personal challenge and see how this goes out!

Only USDT Pairs.

Futures will be at max 15x leverage. Here we go! 💥💥💥

Hopefully I make some friends along the way and some good profits!👍👌

$BTC $ETH $PEPE

#BinanceSquareFamily #CryptoCommunty #BTC #ETH #SOL

Guess who is back! 🎯

#BinanceLaunchpoolDOGS

🟥 DAY 11 UPDATE: SURVIVING THE VOLATILITY 🟥

I've been away from the market since Friday. One of my rules is not to trade on weekends, and it's been crucial for maintaining my sanity.

Position Update :
$BTC - limit order if CME gap at 59.6 gets filled.
$JASMY - holding in spot
$BCH - holdng in spot

All my long positions in futures are closed for now.

# Current Market Situation

- We’ve seen Bitcoin drop from $64,000 to $60,000, even tapping $59,800.

- There's a CME gap at $59,600 that we’re watching closely.

# Potential Scenarios

- Wait for a test of $59,600 and reclaim of $60000 before considering a long position.

- If Bitcoin surges to $63,500 without a retracement, consider shorting from $64,000 down to $55,000.

- If the range is between $64,000 and $58,000, we need to trade within this range. So observe and adapt.

# Challenge Update

- Current Balance: $223 (account is 2x already)

# Advice for New Traders

- You don’t need to trade every day. Sometimes it's better to observe the market and wait for the right opportunities.

- Trading is about being selective. Don’t feel pressured to make moves every day. Patience and discipline are key.

#CryptoTradingTips #MarketVolatility #tradingStrategy #bitcoin

🟢Day 10 : Trade Update on $100 to $1000 Challenge🟢

Yesterday was BRUTAL, and today woke-up to a COMEBACK!🔥

We are at $200!💎

Closed my $ETH and $BCH long for a combined profit of $99 an d capital is now rotated into JASMY.

Market Update :

If BTC fails to closed above 64100 on the daily, then yesterday's move was a fake pump! The 4h structure is bearish and would advise new traders to spectate and not dive into trades blindly.

Active Trades :

$JASMY - long (SL at BE)

Won't trade #Bitcoin❗ until we cross 65k, and I am sure this PUMP has momentum!

Wallet Update :

I started the day with $116

Current wallet update:$215

Coins I am looking at :

BCH / DOGE / SHIB / BTC / SOL / BONKE

I have some unrealized gains. Going to ride this wave and see what I get!🥂

#btc70k #BNB #ETH

🟢Day 9 : Trade Update on $100 to $1000 Challenge🟢

If I were to use one -word to describe it: BRUTAL!🔴

Active Trades :

$ETH - long
$JASMY - long
$BCH - long

Wont trade #Bitcoin❗ until we cross 65k, and I am sure this PUMP has momentum!

Wallet Update :

I started the day with $155
Ended with $116

Have some unrealized gains, going to ride this wave and see what i get!🥂

#btc70k #BNB #ETH

🟥 DAY 9 TRADE UPDATE: SURVIVING THE VOLATILITY 🟥

The market’s volatility yesterday hit hard, and it’s been a rough ride. Here’s the lowdown.

# The Current State of Affairs

Yesterday’s Starting Point:
- Balance: $184
- Loss: $35 in just one day
- Current Balance: $155
- Unrealized PNL: - $41 in red

It’s not a pretty sight. Most of my capital is tied up in just two trades right now. One wrong move, and I could strike out completely.

# Active Trades

- $BTC : Deep in the red, holding on and hoping for a bounce.

- $JASMY : Also in the red, waiting for a retracement.

# Strategy Overhaul

Given the recent hits, it’s clear we need a new approach:

- Altcoins: No more than 10x leverage from now on.

- Big Coins (BTC, ETH, SOL): Capping leverage at 24x. The urge to gamble is strong, but discipline is stronger.

# Lessons Learned

- High Leverage = High Risk: It’s a stark reminder of the dangers of high leverage. Don't let your over-confidence ride your tide.

- Market Unpredictability: While everyone focused on the FOMC, global events (like the threat of World War 3 or geopolitical tensions) can drastically affect the market.

- Capital Management: Losing $35 in a day has been painful. But it’s part of the journey.

# Moving Forward

Risk management is now our top priority.

Sharing these tough times is part of the journey. It’s not fun to lose, but it’s all about learning and growing.

🟢Day 7: Trade Update on $100 to $1000 Challenge🟢

Opened a new #ShortPosition on the prodigal child #ETH 💎

Active Trades :

$DOGE  - LONG
$SHIB  - LONG
$JASMY  - SHORT
$BTC - LONG
$ETH - SHORT

🟢Day 8: Trade Update on $100 to $1000 Challenge🟢

Reduced position by 75% on altcoins! Small loss incurred but it's fine! 🙌

Taken a short at $JASMY again lol

Updated Account Balance at $160

Active Trades :

$DOGE - LONG ( 75% position reduced)
$SHIB - LONG (75% position reduced))
$BTC - LONG ( 1 DCAs open)
$JASMY - SHORT at cmp done

It's #fomc day today, and expecting no rate hikes or cuts

But yes expecting a fake pump and dump to 64.5k!🙌

#bitcoin☀️ #BTC☀

🔴REMINDER FOR NEW TRADER🔴

The problem always is never the gains but portfolios.

Somebody with a million dollar capital making 30% $300,000 would be happy but someone with $100 making $30 would try to make $200 or $500 and get rekt.

Compounding your portfolio in crypto is an actual superpower.

If your portfolio is less than $200, than do whatever you want trade only altcoins and nothing more than $5-$10 per trade.

If your portfolio is less than $500, than please do not trade with more than $10 -$20 per trade.

Leverage has to be upto 10x maximum if you are not sure of your setups / conviction plays.

If you are between $1000 - $2000, anything above $50 is a recepie for disaster. Learn to compound.

Learn to manage your risk and you will learn to trade better! Learn to control your emotions and you will earn better!💎

#fomc #BTC #Ethereum

🟢Day 8: Trade Update on $100 to $1000 Challenge🟢

Yesterday, the #eth short position would have printed a new trading day high, but I slept, and the price retraced from 3230, and my profit level was 3220.

I have so missed on some $50 gains!

Updated Account Balance at $164

Active Trades :

$DOGE - LONG ( All DCAs done )
$SHIB - LONG ( All DCAs done)
$BTC - LONG ( 2 DCAs open)

I'm not entering anything at the market right now. It's #fomc day today, and expecting no rate hikes or cuts.

Follow me along this journey and learn as we progress together!🥂

#bitcoin #BNB⁩

🟥 FOMC: THE DAY THAT SHAKES THE CRYPTO MARKET 🟥

Ever wonder why the crypto market goes haywire on certain days?

That’s the magic (or chaos) of the Federal Open Market Committee (FOMC) meetings. Let’s dive into why FOMC days are so critical for the crypto market.

# What is the FOMC?

Federal Open Market Committee (FOMC):
- It’s the branch of the Federal Reserve that makes key decisions about interest rates and the growth of the U.S. money supply.

- They meet eight times a year to discuss monetary policy.

# The Impact of FOMC Announcements

Volatility Central:
- Historical data shows that FOMC announcements can lead to massive volatility in the crypto market.

# Interest Rates and Their Impact

When the Fed Cuts Rates:

- What It Means: The Fed is trying to stimulate the economy by making borrowing cheaper.

- Crypto Reaction: Generally bullish. Lower rates mean more money in the economy, often leading to increased investment in riskier assets like crypto.

When the Fed Increases Rates:

- What It Means: The Fed is trying to cool off an overheating economy by making borrowing more expensive.

- Crypto Reaction: Generally bearish. Higher rates can lead to reduced investment in riskier assets, as borrowing costs increase and saving becomes more attractive.

# Why Does This Happen?

Economic Indicators:
- The Fed’s decisions are based on various economic indicators like inflation, unemployment rates, and GDP growth.

# How the Crypto Market Reacts

Immediate Reactions:

- Traders on Edge: Leading up to the announcement, traders speculate and position themselves based on expected outcomes.

- Post-Announcement: The market reacts quickly to the news. Positive surprises can lead to rallies, while negative surprises can lead to sharp sell-offs.

Whether they’re cutting or raising rates, the market’s reaction can be swift and significant. Stay informed, trade smart, and be prepared for the rollercoaster.

#FOMC #MarketVolatility #interestrate

🟢DAY 7 : TRADE UPDATE🟢

$JASMY long closed over here for good. I will wait for my entry below 0.0295 now

Active Trades :

DOGE - LONG - will DCA one more time soon
SHIBA - LONG
BTC - LONG - have 2 more DCA open
ETH - SHORT - SL at BE

#Binance #ETH #BTC

🟢Day 7 : TRADE ALERT🟢

Quick $ETH scalp in play, will ride this till my long entry below 3220

#bitcoin #ETH_Market_Update #ETH

🟢Day 7: Trade Update on $100 to $1000 Challenge🟢

Opened a new long positon on one of the big daddy #bitcoin 💎

Active Trades :

$DOGE  - LONG
$SHIB  - LONG
$JASMY  - SHORT
$BTC - LONG

Follow me along this journey and learn as we progress together!🥂

#btc70k  #BTC  #BinanceMegadrop

Just saw this trade has had a very quick reaction! Sniped the bottom??

🔴NEW TRADERS DO NOT FALL FOR THIS TRAP🔴

If you see $BTC today above 68000 please do not long the market! It will be a fake pump!

Price has collected some liquidity from 66000 and will go to 67.5k to liquidate all those who FOMO on #longpositions

Wait for the price to retrace between 64000 to 62500, as that is where we should officially see the bottom!

Do not fall for the trap of most creators who are asking you to long or sharing FAKE PNL cards. You will only be exir liquidity.

Follow me for more updates and insights!

#bitcoin #ETH

🔴NEW TRADERS DO NOT FALL FOR THIS TRAP🔴

If you see $BTC today above 68000 please do not long the market! It will be a fake pump!

Price has collected some liquidity from 66000 and will go to 67.5k to liquidate all those who FOMO on #longpositions

Wait for the price to retrace between 64000 to 62500, as that is where we should officially see the bottom!

Do not fall for the trap of most creators who are asking you to long or sharing FAKE PNL cards. You will only be exir liquidity.

Follow me for more updates and insights!

#bitcoin #ETH

🟢DAY 7: TRADE UPDATE - READ TILL THE END🟢

QUICK GAINS ON $JASMY , Sniped the top right there🔥

75% position closed here, will re-add to my position if we retrace close to 0.0328!

Updated Account Balance: $181; that $200 mark is really close now!

Have a really juicy $ETH scalp, if you want it, follow and comment on this post!

#BinanceMegadrop #Binance #TraderAlert

🟢Day 7: Trade Update on $100 to $1000 Challenge🟢

Opened a new short positon on one of the top movers💎

Active Trades :

$DOGE - LONG
$SHIB - LONG
$JASMY - SHORT

Follow me along this journey and learn as we progress together!🥂

#btc70k #BinanceEverywhere #ETH🔥🔥🔥🔥

Just saw this trade has had a very quick reaction! Sniped the top🥂

🟥 NEW TRADERS, MASTER RISK MANAGEMENT AND TRADING PSYCHOLOGY! 🟥

Forget about turning $100 into $1,000 overnight.

The real game is managing risk and mastering trading psychology. Here’s how to do it right.

### Start Small and Build Up

Example: You have $100.

- Realistic Goal: Aim to double it to $200 first.

- Why?: Consistently 2x-ing your portfolio builds a strong foundation for future growth.

# Trading Psychology

Your trading psychology depends on your portfolio size. Let’s break it down.

Small Portfolio ($100):

- Higher Risk: You might take on more risk (5-10%) because the amounts are smaller.

Start with $5 or $10 trades and keep leverage low (2x-5x).

Larger Portfolio ($10,000+):
- Stricter Risk Management: Keep risk per trade at 1-2%. Protecting your capital becomes more important as your portfolio grows.

### Follow the Right Analysts and understand their Psychology

- Big portfolio analysts think differently. Their 1% risk might be your 10%.

- Your Strategy: Adjust your plan based on your portfolio size and risk tolerance.

# Learn To Compound Over Quick Gains

- Example: Earn $10 a day with a $100 portfolio.

- Result: $300 at the end of the month. Small, consistent gains add up over time.

# Practical Tips

1. Set Realistic Goals: Focus on achievable targets like doubling your portfolio.

2. Use Stop-Losses: Protect your capital by limiting potential losses.

3. Educate Yourself: Stay informed about market trends and sentiment.

4. Avoid High Leverage: Especially if you’re new. High leverage can quickly deplete your capital.

# The Bottom Line

Risk management and trading psychology are crucial. Don’t chase quick gains. Focus on consistent, small gains and let compounding work its magic.

Trade smart, stay disciplined, and remember: it’s a marathon, not a sprint.

#RiskManagement #TradingPsychology #cryptotrading

🎯 Day 7 : $100 to $1000 Challenge Update🎯

#BinanceSquareFamily for anyone who thinks I'm a professional trader, I AM NOT! 🧿

I am just a small retail trader who has got frustrated loosing money and decided to document his journey, so we both learn together.

If you want to follow and tag along I would be happy! ✅

P.s - I do not get any commissions lol😂

# MARKET UPDATE :

The plan is still the same take $BTC sub 65.7k and ride it all the way to 72k.

$ETH has held well, but as i said waiting for the 3200 level and below to ride it back to 3600 again.

# CHALLENGE Update :

To be honest I would have been a good 2.5x on my port had I not to do these 3 mistakes, which I believe most of you have done as well :

1. High Leverage - Gains are gains big or small, but small gains compound to big ones and i need to remember this. Won't be trading above 24x no matter what! 🙌

2. Over Trading - Entering the market blidly at market orders, loosing money in fees unnecessarily and just blindly looking at the charts without checking past data for better confluences! 🤌

3. Mindset - Trust the conviction, that I have and stick to it. But again, not to do it blindly and be part of the HERD MENTALITY!

It's easy to spread FUD! Even easier to become a follower! 💀

# TRADE UPDATES:

#doge⚡
#shiba⚡

These are the only two active trades rest everything is closed. I'm eyeing multiple setups now but again will get into only those which I believe to be true! 🎯

# WALLET UPDATE : $164 from $109 in 1-week. 💵🧿

I feel I have dissappointed myself although its a win. But I'm aware the figure could have been $250+.

Hopefully this week will be different and we move ahead above the $300 mark! 👍💵

#BinanceTrendingTokens #BinanceTurns7