moneymanagement
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Don't have any illusions.
99% of you will be losing traders in the long run. Someone will "lose" their last, and someone will put their future children's education on the line. In all my time on the market, I have seen many cases that ruined lives. This is not a joke.
While you are still learning, I encourage you to trade on a demo account on any exchange. Keep reading, learning, and learning new things.
While you are still learning, I encourage you to trade on a demo account on any exchange. Keep reading, learning, and learning new things.
Feed-Creator-f4bbc6c49:
Как будто все свои мысли прочел в этом посте.
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The 6th project is coming, charge money🚀
I'll post it here in exactly an hour!
#MoneyDaily #moneymanagement #FollowForRewards #AltcoinStrategies
I'll post it here in exactly an hour!
#MoneyDaily #moneymanagement #FollowForRewards #AltcoinStrategies
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Ampera
$AMP
Today we will add a new type to our portfolio – a collateral token. It is tied to the ecosystem’s earnings and has a lower probability of a sharp fall:
1️⃣ Project Description
Ampera is a collateral token that ensures the security and efficiency of transactions. In simple terms, it is a coin that is used in DeFi to provide collateral and to conduct any operations in general.
Today we will add a new type to our portfolio – a collateral token. It is tied to the ecosystem’s earnings and has a lower probability of a sharp fall:
1️⃣ Project Description
Ampera is a collateral token that ensures the security and efficiency of transactions. In simple terms, it is a coin that is used in DeFi to provide collateral and to conduct any operations in general.
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Happy Autumn Sunday to everyone!👋🏻
Let me briefly elaborate on my thought about why you need to accumulate $ETH or hold a minimum of $1,500-2,000 each. As you can see, I added $10,000 worth of ETH to my portfolio, not $2,000; I have the opportunity to do so, and I'm not being greedy. I advise each of you to accumulate spare funds in addition to your main portfolio because when Ethereum starts to shoot up, the rest of the market will follow, and new players will emerge in the market.
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#moneymanagement
Does it go up or down?
I have only recently entered the crazy world of cryptocurrencies and I am not the greatest expert in finance but what saddens me is seeing so many people invest almost all their savings on such a volatile and unpredictable market.
Some time ago I observed and operated in the stock markets and a bitter but useful lesson that I underwent was money management which I now consider the cornerstone of my strategy.
My advice for people like me who are new to this world is to be prudent, invest the right amount in relation to your assets.
And as I always tell myself... you have to consider the money you invest in crypto as lost, because very little is enough, a forgotten password, a hacker or the closure of the exchange.
Let's not bite off more than we can chew.
Let me know what you think.
$REZ $BTC $SOL
Does it go up or down?
I have only recently entered the crazy world of cryptocurrencies and I am not the greatest expert in finance but what saddens me is seeing so many people invest almost all their savings on such a volatile and unpredictable market.
Some time ago I observed and operated in the stock markets and a bitter but useful lesson that I underwent was money management which I now consider the cornerstone of my strategy.
My advice for people like me who are new to this world is to be prudent, invest the right amount in relation to your assets.
And as I always tell myself... you have to consider the money you invest in crypto as lost, because very little is enough, a forgotten password, a hacker or the closure of the exchange.
Let's not bite off more than we can chew.
Let me know what you think.
$REZ $BTC $SOL
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#ЛюбимыйТокен #MoonbixUpdate #criptocoin #moneymanagement 📤📨📨 supermarket jobs in the store in the city
Money Management Tips
Great! Here are some key points that could be covered in an article on cryptocurrency trade management:
1.Risk Management: Discuss strategies for managing risk in cryptocurrency trading, including setting stop-loss orders, diversifying your portfolio, and avoiding over-leveraging.
2.Technical Analysis: Explain the basics of technical analysis and how it can be used to make informed trading decisions, including analyzing charts, identifying trends, and using indicators.
3.Fundamental Analysis: Explore the importance of fundamental analysis in cryptocurrency trading, including researching projects, understanding market trends, and evaluating the potential long-term value of assets.
4.Trading Psychology: Discuss the psychological aspects of trading, such as controlling emotions, staying disciplined, and managing greed and fear.
5.Portfolio Management: Offer tips for building and managing a cryptocurrency portfolio, including setting investment goals, rebalancing regularly, and staying informed about market developments.
6.Trading Strategies: Introduce different trading strategies commonly used in cryptocurrency markets, such as day trading, swing trading, and trend following, along with their pros and cons.
7.Platform and Tool Selection: Provide guidance on choosing the right trading platforms and tools for your needs, including factors to consider such as security, fees, liquidity, and user experience.
8.Regulatory and Tax Considerations: Highlight the importance of understanding regulatory requirements and tax implications related to cryptocurrency trading in your jurisdiction.
9.Would you like more information on any of these points, or is there anything specific you'd like to know more about?
#moneymanagement #ScamRiskWarning #tipscrypto #BTC #forextrader $BTC $ETH $BNB
1.Risk Management: Discuss strategies for managing risk in cryptocurrency trading, including setting stop-loss orders, diversifying your portfolio, and avoiding over-leveraging.
2.Technical Analysis: Explain the basics of technical analysis and how it can be used to make informed trading decisions, including analyzing charts, identifying trends, and using indicators.
3.Fundamental Analysis: Explore the importance of fundamental analysis in cryptocurrency trading, including researching projects, understanding market trends, and evaluating the potential long-term value of assets.
4.Trading Psychology: Discuss the psychological aspects of trading, such as controlling emotions, staying disciplined, and managing greed and fear.
5.Portfolio Management: Offer tips for building and managing a cryptocurrency portfolio, including setting investment goals, rebalancing regularly, and staying informed about market developments.
6.Trading Strategies: Introduce different trading strategies commonly used in cryptocurrency markets, such as day trading, swing trading, and trend following, along with their pros and cons.
7.Platform and Tool Selection: Provide guidance on choosing the right trading platforms and tools for your needs, including factors to consider such as security, fees, liquidity, and user experience.
8.Regulatory and Tax Considerations: Highlight the importance of understanding regulatory requirements and tax implications related to cryptocurrency trading in your jurisdiction.
9.Would you like more information on any of these points, or is there anything specific you'd like to know more about?
#moneymanagement #ScamRiskWarning #tipscrypto #BTC #forextrader $BTC $ETH $BNB
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Good day to all 👋🏻
I'm kind of pissed off, I'd rather unwind today with active recreation and spend time with my family.
I also advise you to take a break from all work and relax your brain 🧠
Today and tomorrow, as planned, there will be activities, so don't turn off notifications)
#Follow_Me_For_More #moneymanagement
I'm kind of pissed off, I'd rather unwind today with active recreation and spend time with my family.
I also advise you to take a break from all work and relax your brain 🧠
Today and tomorrow, as planned, there will be activities, so don't turn off notifications)
#Follow_Me_For_More #moneymanagement
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Now regarding the latest events with ETH
Ethereum ETF Approved, Price Drops
Bitcoin ETF was approved and the price still fell…
Why does the market fall sharply after every positive news?)
There are insiders in any market, so when you buy on positive news, just know that smart guys bought long ago knowing about this news. And when everyone already found out and started buying, it means that smart guys got the opportunity to sell at tasty prices. They sell, and you buy.
Nothing in the world of trading can be said with certainty but two skills always top the list for importance:
-Money management
-Discipline
Those two skills are probably the best tools in the working arsenal of the professional trader. Instead of trying to pick a bottom or a top, try to master a real skill like rock solid discipline or good money management skills. As Lao Tzu has said, “Those who have knowledge don’t predict. Those who predict don’t have knowledge.
#Discipline #moneymanagement #trader
-Money management
-Discipline
Those two skills are probably the best tools in the working arsenal of the professional trader. Instead of trying to pick a bottom or a top, try to master a real skill like rock solid discipline or good money management skills. As Lao Tzu has said, “Those who have knowledge don’t predict. Those who predict don’t have knowledge.
#Discipline #moneymanagement #trader
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Friends, some of you may be unfamiliar with and confused by certain terms that I might use in my posts regarding chart analysis. Therefore, I made a small glossary for you; as new analyses come out and new terms appear, I will provide their explanations.
1️⃣ Imbalance — the price void between the first and third candles, filled by the second candle. An imbalance is considered covered when subsequent candles enter its zone. There is full coverage and 50% coverage, after which a price reversal follows. It acts as a magnet.
2️⃣ Liquidity Pool — a large sum of money. It is defined by stop-loss orders on long or short positions.
3️⃣ Bear Fight — an overflow of the market with sell orders to drive down the price. Graphically, it is usually represented by a small candle body and a long upper shadow.
4️⃣ Order Block — an area where large players accumulated positions, graphically represented by a small candle followed by an aggressive-impulsive candle.
So, how do you find it, is it clearer now?))🔥
#donation #moneymanagement #FollowYourPlan
1️⃣ Imbalance — the price void between the first and third candles, filled by the second candle. An imbalance is considered covered when subsequent candles enter its zone. There is full coverage and 50% coverage, after which a price reversal follows. It acts as a magnet.
2️⃣ Liquidity Pool — a large sum of money. It is defined by stop-loss orders on long or short positions.
3️⃣ Bear Fight — an overflow of the market with sell orders to drive down the price. Graphically, it is usually represented by a small candle body and a long upper shadow.
4️⃣ Order Block — an area where large players accumulated positions, graphically represented by a small candle followed by an aggressive-impulsive candle.
So, how do you find it, is it clearer now?))🔥
#donation #moneymanagement #FollowYourPlan
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Trading News:
1️⃣ Over time, news has less and less impact on the market, especially if it’s the same information (ETF applications, GBTC on Coinbase, the German government dumping bitcoins, Mt. Gox, SEC lawsuits, etc.)
I’m sure most of you don’t remember what happened with the German government and Mt. Gox, even though the market collapsed because of them just a month ago.
I’m sure most of you don’t remember what happened with the German government and Mt. Gox, even though the market collapsed because of them just a month ago.
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#BinanceChristmas #futures #moneymaker #money #moneymanagement
I'm waiting for the GROWTH in the coin:
#DYDXUSDT.
According to 1D analysis:
We are now in the discount zone, according to the OTE grid I am waiting for a reduction to the zone:
0.5 - (2.898)
0.618 - (2.813) [ADOPTION]
0.786 - (2.693) [RECORD]
Closing positions in parts
50% - 3.5
75% - 4.0
100% - Take
TVF 2.9
Take - Profit ✓4.370
stop - Los ❌ 2.525
Sogobo’s own market analysis, I’m sharing my thoughts 😎
I'm waiting for the GROWTH in the coin:
#DYDXUSDT.
According to 1D analysis:
We are now in the discount zone, according to the OTE grid I am waiting for a reduction to the zone:
0.5 - (2.898)
0.618 - (2.813) [ADOPTION]
0.786 - (2.693) [RECORD]
Closing positions in parts
50% - 3.5
75% - 4.0
100% - Take
TVF 2.9
Take - Profit ✓4.370
stop - Los ❌ 2.525
Sogobo’s own market analysis, I’m sharing my thoughts 😎
A story about liquidation or how I lost 250k
Hey guys.
In this post I will tell you how I lost quite a lot of money on trading, at today's rate it is about $ 250,000, and you will learn what mistakes led to this.
🎯Volatile instruments were chosen for trading, that is, altcoins, and although with a fairly high capitalization, volatility is still much higher compared to the main cryptocurrencies ETH and BTC.
🎯The time for opening long positions (and trading was built from Long) was not chosen well, since there was a downtrend in cryptocurrencies.
🎯Using the cross margin mode, positions were opened for the entire deposit on the account, when the collateral for the exchange loan, and the margin is nothing more than a loan, is your entire balance. The margin was small, about 3x, but with a 30% drop in price, this is almost a 100% loss of the collateral.
🎯The number of coins for trading was too large, at that time the number of positions was about 10 and there was not enough attention and time to control the situation in each coin.
🎯Well, and perhaps the main thing that led to the liquidation was the lack of a stop. Sometimes this is allowed, for example, in spot trading or DCA, HODL trading strategies, but in this case, since margin was used, it was speculative trading and the stop was mandatory, but it was not there.
🎯And another factor that probably would have saved my deposit is that, at the time of the market fall, I did not have access to a computer and I was on the road. In case of unforeseen situations (force majeure, absence from the computer, urgent matters), you should always have protection for your positions in the form of a stop.
🎯And lastly - self-confidence, this is when you yourself begin to believe in the idea that you came up with, but it differs from the realities of the market. And then you start trying to prove to the market that it is wrong, the efficiency as you understand and the chances of success are low.
Here are some assets that were liquidated.
XLM - 180K - $90,000
XRP - 10K - $25,000
TRON - 50K - $25,000
UNI, TRON, DYDX, COMP, ARB - about $100,000 more
✅ What conclusions can be drawn.
📌 The main part of the cryptocurrency portfolio should consist of the following proportions: BTC - 30%, ETH - 30%, USDT-20%, Alts-20%. The numbers may change depending on the market cycle, but the proportions should be observed.
📌 Sometimes it is better to be out of position. If the market is in a downtrend, do not try to trade against the trend.
📌 The margin should be isolated. If you still decide to use borrowed funds, do not risk the entire deposit, but use the isolated margin mode.
📌The number of altcoins for trading is no more than 5.
📌There must be a stop, period.
📌Always build your trading from a stop, think how much you can lose and only then how much you can earn.
📌Regularly criticize your ideas, take into account opposing opinions.
Mistakes are expensive, but useful if you learn from them.
If this was useful, subscribe so as not to miss anything, and leave a reaction 👍
#RiskManagement #moneymanagement
In this post I will tell you how I lost quite a lot of money on trading, at today's rate it is about $ 250,000, and you will learn what mistakes led to this.
🎯Volatile instruments were chosen for trading, that is, altcoins, and although with a fairly high capitalization, volatility is still much higher compared to the main cryptocurrencies ETH and BTC.
🎯The time for opening long positions (and trading was built from Long) was not chosen well, since there was a downtrend in cryptocurrencies.
🎯Using the cross margin mode, positions were opened for the entire deposit on the account, when the collateral for the exchange loan, and the margin is nothing more than a loan, is your entire balance. The margin was small, about 3x, but with a 30% drop in price, this is almost a 100% loss of the collateral.
🎯The number of coins for trading was too large, at that time the number of positions was about 10 and there was not enough attention and time to control the situation in each coin.
🎯Well, and perhaps the main thing that led to the liquidation was the lack of a stop. Sometimes this is allowed, for example, in spot trading or DCA, HODL trading strategies, but in this case, since margin was used, it was speculative trading and the stop was mandatory, but it was not there.
🎯And another factor that probably would have saved my deposit is that, at the time of the market fall, I did not have access to a computer and I was on the road. In case of unforeseen situations (force majeure, absence from the computer, urgent matters), you should always have protection for your positions in the form of a stop.
🎯And lastly - self-confidence, this is when you yourself begin to believe in the idea that you came up with, but it differs from the realities of the market. And then you start trying to prove to the market that it is wrong, the efficiency as you understand and the chances of success are low.
Here are some assets that were liquidated.
XLM - 180K - $90,000
XRP - 10K - $25,000
TRON - 50K - $25,000
UNI, TRON, DYDX, COMP, ARB - about $100,000 more
✅ What conclusions can be drawn.
📌 The main part of the cryptocurrency portfolio should consist of the following proportions: BTC - 30%, ETH - 30%, USDT-20%, Alts-20%. The numbers may change depending on the market cycle, but the proportions should be observed.
📌 Sometimes it is better to be out of position. If the market is in a downtrend, do not try to trade against the trend.
📌 The margin should be isolated. If you still decide to use borrowed funds, do not risk the entire deposit, but use the isolated margin mode.
📌The number of altcoins for trading is no more than 5.
📌There must be a stop, period.
📌Always build your trading from a stop, think how much you can lose and only then how much you can earn.
📌Regularly criticize your ideas, take into account opposing opinions.
Mistakes are expensive, but useful if you learn from them.
If this was useful, subscribe so as not to miss anything, and leave a reaction 👍
#RiskManagement #moneymanagement
Did You Know,
#moneymanagement #moneymaker #management #moneyfeed #MoneyMakingMagic
Money management is a crucial aspect of trading that can significantly impact your ability to sustain long-term profitability. Here are some essential money management tips for traders:
Plan Your Trades: Always enter a trade with a clear plan. Know your entry point, exit point, and stop-loss level before you place the trade. This helps you manage risk and avoid making decisions based on emotions.
Stay Informed: Keep up with market news and trends. Being informed about the financial markets, economic indicators, and any geopolitical events that could affect your trades is crucial for timely decision-making.
Review and Learn: Regularly review your trades to learn from your successes and mistakes. Use a trading journal to document your strategy and outcomes for each trade to refine your approach and improve your performance over time.
For More..@Mr_Master
#moneymanagement #moneymaker #management #moneyfeed #MoneyMakingMagic
Money management is a crucial aspect of trading that can significantly impact your ability to sustain long-term profitability. Here are some essential money management tips for traders:
Plan Your Trades: Always enter a trade with a clear plan. Know your entry point, exit point, and stop-loss level before you place the trade. This helps you manage risk and avoid making decisions based on emotions.
Stay Informed: Keep up with market news and trends. Being informed about the financial markets, economic indicators, and any geopolitical events that could affect your trades is crucial for timely decision-making.
Review and Learn: Regularly review your trades to learn from your successes and mistakes. Use a trading journal to document your strategy and outcomes for each trade to refine your approach and improve your performance over time.
For More..@Mr_Master
#RiskManagement #moneymanagement
Hey, guys,
this is a continuation of the risk management tutorial.
Part 3
STOP LOSS Size.
Most traders follow the strategy of not risking more than 2-5% of their total deposit balance per trade. This means that it is not the size of your position that is equal to 2-5%, but the size of your STOP LOSS that you risk is equal to that amount.
Personally, I use a stop size equal to a specific amount of money, but it should not exceed 2%. It is important to always use one position size and one stop size.
For beginner traders it is appropriate to use a smaller percentage of 0.5%-1%. This way you gain experience in the beginning, and it doesn't matter whether you lose 0.5% or 2%.
According to our example with a deposit size of 10 000$ the stop size is from 200$ per one trade.
It is important to have the same size of stop and position size always regardless of the prospectivity of the deal in our opinion, in this case on a long distance even with 50-60% of successful trades you will trade in the plus.
Position size.
If we decided to open a deal, while observing the risk of 2% of the deposit ie 200$ Now how do we calculate the size of the position on the deal. Let's assume that the cancel of our scenario that is the place where we will get a stop from our entry point is equal to 4% of this value will depend on the size of our position and is determined as follows.
Amount of risk / Distance to STOP LOSS in percent.
In our example - 200$ /4% = 5000$
Stay tuned.
Hey, guys,
this is a continuation of the risk management tutorial.
Part 3
STOP LOSS Size.
Most traders follow the strategy of not risking more than 2-5% of their total deposit balance per trade. This means that it is not the size of your position that is equal to 2-5%, but the size of your STOP LOSS that you risk is equal to that amount.
Personally, I use a stop size equal to a specific amount of money, but it should not exceed 2%. It is important to always use one position size and one stop size.
For beginner traders it is appropriate to use a smaller percentage of 0.5%-1%. This way you gain experience in the beginning, and it doesn't matter whether you lose 0.5% or 2%.
According to our example with a deposit size of 10 000$ the stop size is from 200$ per one trade.
It is important to have the same size of stop and position size always regardless of the prospectivity of the deal in our opinion, in this case on a long distance even with 50-60% of successful trades you will trade in the plus.
Position size.
If we decided to open a deal, while observing the risk of 2% of the deposit ie 200$ Now how do we calculate the size of the position on the deal. Let's assume that the cancel of our scenario that is the place where we will get a stop from our entry point is equal to 4% of this value will depend on the size of our position and is determined as follows.
Amount of risk / Distance to STOP LOSS in percent.
In our example - 200$ /4% = 5000$
Stay tuned.
#RiskManagement #moneymanagement #training
Hey, guys.
This is a continuation of the risk management guide, in which I have collected the most important aspects that allow you to trade in the plus side over the long haul.
In this part we will look at two more important components of risk management, see the first part in the linked post.
Part 2.
Risk to profit ratio.
The Risk/Reward (R/R) ratio is the amount that a trader can earn in a trade and lose.
Example.
You buy an instrument for $100, your target is $200 and your stop loss is $50.
What is your R/R for this trade?
R/R = (100-50)/(200-100) = 1 in 2.
Mathematical expectation of the trade and Win rate.
Win rate is our performance based on the previous statistics of trades made.
We all know the example of flipping a coin.
We flip a coin 10 times and get heads or tails 50% of the time, so our Win rate is 50%. We earn $5 every time a heads heads comes out right and lose $5 every time a tails comes out right.
Here the R/R ratio is ($5/$5) = 1:1.
After 10 rolls, the result = $25 (win) - $25 (loss) = $0
Suppose now that under the same conditions we get an eagle 60% of the time.
At the end of 10 throws the result = $30 (win) - $20 (loss) = $10.
Now, if we keep the original Win rate, but earn $10 on every eagle roll instead of 5, our new R/R ratio is ($5/$10) = 1:2.
At the end of 10 rolls, result = $50 (win) - $25 (loss) = $25
At the end of 1000 bets, the result = $5000 (win) - $2500 (loss) = $2500.
Now we can see that our Win rate is as important as the risk to profit ratio R/R, and they are not interrelated. For successful trading we don't need to be right in a trade 100% of the time, a 60-70% success rate is enough.
Stay tuned.
Hey, guys.
This is a continuation of the risk management guide, in which I have collected the most important aspects that allow you to trade in the plus side over the long haul.
In this part we will look at two more important components of risk management, see the first part in the linked post.
Part 2.
Risk to profit ratio.
The Risk/Reward (R/R) ratio is the amount that a trader can earn in a trade and lose.
Example.
You buy an instrument for $100, your target is $200 and your stop loss is $50.
What is your R/R for this trade?
R/R = (100-50)/(200-100) = 1 in 2.
Mathematical expectation of the trade and Win rate.
Win rate is our performance based on the previous statistics of trades made.
We all know the example of flipping a coin.
We flip a coin 10 times and get heads or tails 50% of the time, so our Win rate is 50%. We earn $5 every time a heads heads comes out right and lose $5 every time a tails comes out right.
Here the R/R ratio is ($5/$5) = 1:1.
After 10 rolls, the result = $25 (win) - $25 (loss) = $0
Suppose now that under the same conditions we get an eagle 60% of the time.
At the end of 10 throws the result = $30 (win) - $20 (loss) = $10.
Now, if we keep the original Win rate, but earn $10 on every eagle roll instead of 5, our new R/R ratio is ($5/$10) = 1:2.
At the end of 10 rolls, result = $50 (win) - $25 (loss) = $25
At the end of 1000 bets, the result = $5000 (win) - $2500 (loss) = $2500.
Now we can see that our Win rate is as important as the risk to profit ratio R/R, and they are not interrelated. For successful trading we don't need to be right in a trade 100% of the time, a 60-70% success rate is enough.
Stay tuned.
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How to avoid getting scammed?
#scam #PancakeSwap #Binance #MarketTrends #moneymanagement
One of the most popular scam methods is scam through PancakeSwap
How does he bribe?
Mainly because this marketplace is located directly on Binance, which means, according to the logic of an inexperienced user, it inspires trust.
How scam works:
Mostly such actions take place in telegram channels or any other blogs.
One of the most popular scam methods is scam through PancakeSwap
How does he bribe?
Mainly because this marketplace is located directly on Binance, which means, according to the logic of an inexperienced user, it inspires trust.
How scam works:
Mostly such actions take place in telegram channels or any other blogs.
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WormHole
$In
1️⃣ Project Description
WormHole is a protocol that allows blockchains and exchanges to exchange information and data.
Ordinary people can use this protocol to use applications that require multiple blockchains at the same time.
In simple terms, it is just a platform that connects all blockchains at once.
1️⃣ Project Description
WormHole is a protocol that allows blockchains and exchanges to exchange information and data.
Ordinary people can use this protocol to use applications that require multiple blockchains at the same time.
In simple terms, it is just a platform that connects all blockchains at once.
🚨🚨🚨 Tired of stagnant altcoin narratives? 💸 Time to rotate your capital to new heights! 🚀
The key to nailing the leapfrogging strategy is rotating your capital effectively. 🟢 First, check the charts of trending narratives. If they’re stagnating and showing price shifts, take your profits. 🟢 Second, monitor volume drops with trading apps or Coinglass—it's a sign liquidity is moving. 🟢 Third, screen for rising big caps in other narratives. 🟢 Lastly, always use a multiple exit strategy to avoid missing out on potential gains.
Be the first to spot the next narrative and rotate your capital wisely!
#moneymanagement #tipsandtricks
The key to nailing the leapfrogging strategy is rotating your capital effectively. 🟢 First, check the charts of trending narratives. If they’re stagnating and showing price shifts, take your profits. 🟢 Second, monitor volume drops with trading apps or Coinglass—it's a sign liquidity is moving. 🟢 Third, screen for rising big caps in other narratives. 🟢 Lastly, always use a multiple exit strategy to avoid missing out on potential gains.
Be the first to spot the next narrative and rotate your capital wisely!
#moneymanagement #tipsandtricks
💸 Money Rules Cheat Sheet 💸
Want to get a better handle on your finances? Here are some simple rules to guide you! 🧠💼
📈 Rule of 72: Divide 72 by your rate of return to see how long it takes to double your investment.
💵 Rule of 2000: Multiply your hourly wage by 2000 to estimate your annual income.
💰 Rule of 25x: Need to retire? Multiply your annual expenses by 25.
🏠 Rule of 3x: Keep your home cost to no more than 3x your annual income.
🚗 Rule of 20/4/10: For car loans, aim for a 20% down payment, a 4-year term, and monthly payments under 10% of income.
📑 Rule of 10x: For life insurance, aim for coverage that’s 10x your annual salary.
Knowing these rules can make financial planning easier and set you up for long-term success! 🌟
#PersonalFinance #moneymanagement #FinancialTips
Want to get a better handle on your finances? Here are some simple rules to guide you! 🧠💼
📈 Rule of 72: Divide 72 by your rate of return to see how long it takes to double your investment.
💵 Rule of 2000: Multiply your hourly wage by 2000 to estimate your annual income.
💰 Rule of 25x: Need to retire? Multiply your annual expenses by 25.
🏠 Rule of 3x: Keep your home cost to no more than 3x your annual income.
🚗 Rule of 20/4/10: For car loans, aim for a 20% down payment, a 4-year term, and monthly payments under 10% of income.
📑 Rule of 10x: For life insurance, aim for coverage that’s 10x your annual salary.
Knowing these rules can make financial planning easier and set you up for long-term success! 🌟
#PersonalFinance #moneymanagement #FinancialTips