This is one of my first posts and I want to share how I have been growing my capital. I started with 1600 USDT and today I have reached 4120 USDT, which I have just invested in BTC. I have achieved this by buying and selling on Spot, and I have also tried copy trading and bots for both Spot and futures. However, the strategy that has worked the best for me, although it is a bit slow, has been learning how to read candles and their patterns.
I always analyze the 1-hour candle and compare its pattern to the previous two candles to decide whether to buy or sell, always confirming that the 15-minute candles also show a similar trend, based on the last 5 or 6 candles.
According to my analysis, with the recent market drop, BTC had several supports: at 98k, 96.5k, 95.5k, 94.6k, 92.2k and the last one at 90k. In my last BTC purchase, not trusting my analysis completely, I bought at 97k and took profit at 100.3k. Today, I waited for the price to go down and have bought at 92.3k with my 4120 USDT. Now, I will wait for the next market rally to take profit again at 110k.
The information shared in this post is for educational and entertainment purposes only. It does not constitute financial, investment, tax or legal advice. Investment decisions are the sole responsibility of the reader. It is recommended to consult with a financial professional before making any investment decisions.