It's never easy for me to surrender. Even when I've considered raising my flag to the world and admitting defeat, the strength, determination, and resolute will
Rug pull It is a common fraudulent strategy in digital currency markets, where the currency development team withdraws the currency’s liquidity suddenly and without warning, leading to its value collapsing and turning it to zero. This causes huge losses to traders who have invested in that currency, as they lose all their money invested in it. This process is considered a form of fraud in the world of digital currencies and has caused the bankruptcy of hundreds of traders in the event that the value of the currency deteriorates to zero, as happened with #VGPU .
Hundreds of traders went bankrupt due to the $VGPU currency, as its price collapsed and its value became zero after the currency team withdrew liquidity and robbed all traders through a process called rug pull.
Update #Bitcoin✅ Not closing below 64k for a whole week will be positive for the market and it will return in areas of 70k closing below this number is only negative. This is a summary without much talk ⏩ If BITCOIN does not close above 71k, be careful. Summary: Two important numbers are 64k - 71k ⏩
🔴 One hour and 40 minutes from now on the news of the US federal interest rate.. 🇺🇸
• Strong expectations indicate stabilization of interest rates, and major fluctuations that the US stock market may witness at the time of Federal Reserve Chairman Jerome Powell’s speech tonight.. 🇺🇸🔥
• Be careful, violent fluctuations are expected to occur on the US dollar pairs, indices, and gold. Please fully commit to capital management.. ⚠️
The Greed Index is a crucial indicator in financial market analysis, measuring market demand, supply, and trend strength. If you aim to enhance your trading strategy using the Greed Index, here are some tips:
Historical Trend Analysis: Analyze historical data of the Greed Index to identify past trends and significant value changes. This helps in pinpointing potential entry and exit points.
Use Technical Indicators: Employ technical indicators like the Moving Average (MA) and Slow Moving Average (SMA) to identify trends and potential entry/exit points.
Risk Management: Define suitable entry, exit, and stop levels based on your risk tolerance. Avoid exceeding acceptable risk limits.
Caution in Volatile Periods: The Greed Index can experience severe volatility at times, so exercise caution and employ risk management during these periods.
Stay Informed on Economic News: Economic news and global events can influence the Greed Index movement. Stay aware of ongoing events and their impact on the market.
Utilize Technical Support and Resistance Levels: Use historical price support and resistance levels as a guide for trading decisions.
Ultimately, tailor your strategy to reflect your unique and personal approach. I look forward to seeing how you apply these tips in your future trading! 📈💡 #TrendingTopic