Do you understand what will happen when Bitcoin breaks the $100,000 mark? This will be written about everywhere, discussed on every corner. Information will fill all social networks, channels, and communities. There is very little left to reach this goal. But another question arises: have people become smarter compared to the last time? Will they start buying in the midst of the hype, despite the high price?

As for market makers, they can push the growth by raising the price to $110,000-$120,000, and then 'wipe out' all the long positions and crash the market to make a repurchase at lower prices. This is one possible scenario.

The second scenario: the price may sharply pull back from $100,000 to -10% -20% and enter a consolidation phase, giving altcoins a chance to revive.

It is difficult to assert that $100,000 is the limit for Bitcoin, as this happens over a very short period of time. Usually, a bullish trend in the market lasts significantly longer.

We will observe.

Euphoria, greed, and FOMO are three psychological factors that hinder successful trading.

1. Experiencing euphoria after several successful trades, many start opening additional positions with increased risks, using high leverage and large volumes. As a result, they often lose all their earnings, and even worse, end up in the red.

2. Greed prevents timely closing of trades: traders wait for greater profit and ultimately close positions at a worse price or even incur losses. It is important to remember that missed profit is not a mistake. There is no stability in trading; the main thing is to preserve the initial capital. Additional profit is merely a pleasant investment bonus.

3. Often, having missed an entry opportunity, a trader sees the price rising in the desired direction and begins to experience FOMO — the fear of missing out on profit. This feeling pushes them to open a position at the 'highs', which often leads to losses.

I see young guys who have gone through many different, quite expensive trading courses. Many of them sold their car, borrowed money, took money from their parents to buy these courses. After a year, they begin to understand that they haven't made any progress. It seems that they know what trading is, all the smart money systems and technical analysis, how to manage risks, etc., but they cannot trade profitably in the long run.

At first, many can be intoxicated by a small result: passing a challenge in prop firms, receiving a payout, and then the person sits and thinks that they have mastered trading 100% and that it will always be this way. But after some time, if they honestly ask themselves the question, they realize that their financial situation has not improved at all due to trading, and most likely they are even in the red. They haven't even justified the couple of hundred thousand rubles they paid for training.

A person does not understand the reason, does not want to believe that they are not succeeding. They deceive primarily themselves, and then others who ask them about their trading results.

What do you think, why does this happen, why does a person not achieve results in trading?)

Also in trading, these two criteria prevent people from earning.

Yes, it is not that difficult to master the entire system and theory of trading, but it is fear and greed that hinder earnings.

For example, a trader enters a trade for Bitcoin at a price of 95k$ with the decision to lock in profit at 100k$ and a loss at 90k$. When the price reaches 100k$ , greed kicks in, and he will want even more, while at 90k$ , fear will prompt him to close the trade at a loss.

And it is precisely because of this that a trader cannot be objective in a trade. To avoid mistakes that lead a person to act under the influence of these two factors, he must learn to make decisions that are outlined even before entering the trade.

On January 20, the inauguration of Donald Trump will take place, after which interesting events may unfold in the market. This will become even more pronounced if Trump keeps his promises to end wars.

This could be the final push for a full-fledged bull market.

Not every coin will return to its peak - this is only possible for the most popular coins. In every bull cycle, new heroes and newcomers emerge, and those who manage to catch and ride them will be able to achieve good gains.

And hoping that old and not very popular coins will return to their peaks is foolish.

After a slight decline in Bitcoin's dominance, it becomes evident that 90% of altcoins on Binance directly correlate with its movements.

Therefore, the primary task is to analyze Bitcoin to understand how altcoins will behave. Only after that can one look for entry points in the desired altcoins.

If you do not want to depend on BTC's rate, pay attention to Bybit. It features many altcoins, including meme coins and lesser-known projects, which are less dependent on Bitcoin's dynamics, providing more freedom for strategies.

ETH

For some reason, I don't like to get distracted by it and I don't even remember when I last bought it.
For those who trade large volumes with investor money and want to minimize risks associated with altcoins, Ethereum is an excellent option. Especially when Bitcoin reaches a mark of 100,800,474,932.14 and stabilizes its rate, it will be a good time to transfer funds from Bitcoin to Ethereum.

Undoubtedly, in the near future, Ethereum also has a high probability of breaking its ATH. There is about 50% growth remaining until its update.

Act carefully and enter only on retracements with a clear plan!

Memecoins prove that most cryptocurrencies and their projects, except for 3-4, are not needed by anyone, except to make money from them. Fundamental analysis based on the presence of a good team and a promising project idea seems to no longer work in this cycle.

Just like in the information field, it's not the most competent who earn, but those who are more promoted and attract more attention. The same happens in the market: if a coin is well-known, it grows. Our task is to find the most discussed coins in the moment and ride them if we want to earn.

Advice for this bull market: don't invest in projects you don't understand or don't believe in, no matter who in your circle tells you

There are many projects - choose those that are close to you, that you have studied and are ready to support in the long run. Only conscious decisions will help you avoid unnecessary risks and maintain confidence in your actions, even if the market does not go according to plan.

Remember: less is better. Quality selection today is the key to peace of mind and profit tomorrow.

If you're feeling FOMO, just remember that the German government sold over 45,000 bitcoins for 50,000$ in July 😂

A stop-loss cannot be set randomly — it is important to determine the correct levels, such as support or resistance. If these levels are broken, the price is likely to continue moving in an unfavorable direction (down or up).

If the potential loss seems too large when setting a stop-loss, look for a more advantageous entry point where the risk-to-reward ratio will be more acceptable.

Always set a maximum daily loss for yourself that will not cause significant damage to your deposit. If you reach this limit, stop trading. Close the platform, take a rest, and come back the next day with a sober and cool mind.

Do not try to win back your losses immediately - this is a trap that beginners and even experienced traders often fall into when they give in to emotions.

Discipline is your main ally in this game. Only by following a proven plan can you count on stable earnings in the long term.

Remember that short-term large profits can cloud your objectivity. They give a false sense of security, making you believe that growth can last forever. But sooner or later, loss of vigilance and self-control can lead to a complete zeroing of the account.

Trading is not for those who do not know how to manage emotions. There is no constancy and no guarantees here. The winner is the one who remains cool-headed and is ready to give up immediate gain for the sake of a sustainable result in the future.

I will share a small part of my strategy.

I trade intraday and open a maximum of 5 positions. But sometimes I prefer not to enter the market at all if I don't see ideal entry points for myself. The strategy is based on a quality selection of trades: it's better to miss an opportunity than to enter the market without sufficient confidence.

When opening a trade, I always clearly define the acceptable loss for the day — the amount I'm willing to part with without serious harm to my deposit. I also immediately set a take-profit to avoid emotional decisions during trading.

If several trades during the day have worked out well, I allow myself to enter a more risky trade with high profit potential. At the same time, I determine in advance the level of possible loss on this position, making it less than the profit for the day. This means that even in case of failure, I will end the day with a profit.

Such an approach helps me maintain discipline and avoid impulsive actions in the market, allowing me to stay profitable in the long term.

Why is it important to convert profits and losses into your currency?

Often in trading, we look at the numbers on the screen but lose touch with the real value of those numbers. When we see profit or loss in dollars or another currency, it doesn’t always register the same way as if we saw that amount in our own currency.

Try converting profits or losses into your currency. This will help you truly feel how much profit or loss affects your finances.

Such an approach helps eliminate the psychological distance between a virtual number and a real amount, as well as make more balanced decisions without succumbing to emotions. This method is useful for both assessing profits and understanding losses.

Analysis of the FIL coin.

It is currently in the accumulation and consolidation phase, with key levels at 4.35 and 4.85.

A confident breakout of these levels opens the path to the area of 9.5.

It is best to act only on a clear exit from these zones, which may confirm the market's readiness for an upward movement.

Many exchanges take advantage of the ignorance of newcomers.

All the percentages and indicators you see, as well as the tokens in tabs like 'top gainers' and 'top losers', are often specifically aimed at attracting inexperienced users, so they make decisions without analyzing the chart and the real dynamics.

As a result, exchanges do not always update the percentage data in a timely manner, leading to unreliable information and potential deception. They profit from your inexperience.

Today, a breakout of the resistance level (90,070 $) is possible.

The market is full of foolish people who are shorting Bitcoin in hopes. This has already led to the accumulation of liquidations exceeding 200 million dollars, located above the resistance level, which only adds strength for a new growth impulse.

Such players are always needed — like yin and yang, their mistakes fuel the movement of the market.

How to tell if a person has an IQ below 90?

They ask: "Should I hold the position or close it?"

Perhaps many of you do not know, but opening positions with limit orders is significantly cheaper in terms of commission than opening at market price.