🎯 1. This is sincere advice from an experienced trader. For beginners.
The reason why I often talk about CAPITAL MANAGEMENT is because I know many of you have not experienced the feeling of "bankrupting" your account, losing money without understanding why, losing faith in the market...
So my advice is: Divide your money into 5 parts when entering the market.
Take 1 part and consider it as the only amount of money to enter the market. (Forget the other 4 parts)
You will experience 2 feelings:
Excitement when making money easily, the market is so good that you can make money with your phone... To the point that you think of dropping out of school, quitting your job to focus 100% on trading. Experience fear and confusion when losing all your investment money along with interest
👉I'm sure that once you don't understand it clearly. So, take another part and continue investing. Then, you will experience the same story again.
The original meme cryptocurrency, Dogecoin (DOGE), is a highly efficient asset with the highest performance in the past few days. This meme coin has been condemned for its sluggish price fluctuations over the past few years, but DOGE has been seen self-rejuvenating with its latest performance. However, the community remains weary due to the volatile nature of the market that can affect the asset's price.
Looking at the surge of Dogecoin
Dogecoin has witnessed an 85% spike in the past week. This increase is linked to Donald Trump's victory in the U.S. presidential election. Elon Musk's involvement in Trump's campaign has reignited interest in Dogecoin. Musk is launching the "Government Efficiency Department" (DOGE), an initiative aimed at cutting waste and streamlining the operations of the U.S. government.
The OG meme coin surged to a high of $0.43858 from a low of $0.28259. At the time of the press report, Dogecoin is trading at $0.391397, after a 32% increase in the past 24 hours.
Additionally, Dogecoin's daily trading volume has seen a three-digit increase. The 24-hour trading volume of this meme coin reached $18.78 billion after soaring 164%. Is $0.5 USD next?
The world's first meme coin was introduced to the market as a joke. But DOGE has provided significant returns for investors. Dogecoin still remains down 60% from its all-time high of $0.7376 despite the recent price increase.
Untold Story !!!! Just say it's hard to break the old peak in March... now $SUI has broken it 😅 A previous model... it takes a long time to decrease but it doesn't take long to increase... even a billion dollar capitalization pumped x2,3,4 in a few days, a few weeks is simple
. 😁 This game doesn't require too much skill, just enough faith + patience at this time... ⭐️ #hoinguoicaotuoichoicrypto
14h Later guys The Fed will announce the next interest rate - on the current CME vote there is up to 97% that the Fed will lower the interest rate by 25 points
Recently CNBC just made a statement predicting the price of $Bitcoin will reach 100k$ before Mr. Trump's inauguration on January 20, 2025.
What will Mr. Trump do with Bitcoin and Crypto after being elected President?
Here are 11 commitments from President Donald Trump related to Bitcoin and cryptocurrency: 1. Fire SEC Chairman Gary Gensler on day one. 2. Establish a "National Bitcoin Reserve." 3. Make the US the "capital of Bitcoin and cryptocurrency in the world." 4. Retain 100% of the 203,650 BTC ($14.95 billion) currently held by the US government. 5. Eliminate capital gains tax on Bitcoin. 6. Support Bitcoin mining activity in the US. 7. End regulatory crackdowns (terminate the "crusade against cryptocurrency"). 8. Establish a "presidential advisory council on Bitcoin and cryptocurrency." 9. Protect individuals' rights to self-manage digital assets. 10. Not issue a central bank digital currency (CBDC). 11. Reduce the sentence for Ross Ulbricht, the founder of Silk Road, who is currently serving two life sentences.
It can be said that if these things are implemented, the coin market will thrive. Wishing all coin holders the best of luck in the coming season to recover what has been lost. 😁
I Tell you this I Turn 50 Dollars Into 5,000 Dollars On Bitcoin-fx.
How?
"Just By Learning " Reversal candlestick patterns Observing market trends Managing psychology - capital Setting goals
With just 50 dollars and a few smart trading strategies, you could start building your path to financial freedom.
Saying financial freedom might be a bit much.
HEHE...!
This is a quick guide on how to master chart patterns on Binance-fx that can help you turn a small investment into impressive profits.
When you all finish reading, some might think I'm exaggerating or like a multi-level marketing scheme.
Right ...!
But I also say that even if you spend hundreds of millions to learn how to trade win-win, it will only last for a while and then you will be back where you started.
Essentially ...The Market
The market is just buyers and sellers; in an uptrend, follow it, in a downtrend, watch for the market to reverse to exit positions safely.
And the things I am sharing like this are what I am applying as a trader every day.
I'm sharing this to see if it can help your account or not?
BTC price surged past ATH during the United States presidential election.
BTC price pumped beyond ATH, heading towards 75K, Altcoin also had a very strong rebound this morning 06/11/2024. Will BTC's cyclical nature still be maintained?
BTC is forming a bottom divergence on the 4H timeframe. Altcoins are reacting quite well after BTC's recent drop. Most have also decreased slightly and are forming a divergence on the 4H similar to BTC. Usually, this is a fairly good signal to Buy.
But looking a bit further, I see that it’s still not really stable. So I will continue to observe rather than take action.
Short term - note that it is short term. The market will be quite active in the next 24 to 48 hours.
You will see the price of $BTC and #Memecoin moving according to election news
The trend supporting Trump increases, then #Bitcoin rises, and #Memecoin continues to rise The final result regarding Mrs. Harris may lead to a SHORT-TERM adjustment.
I guess everyone has frequently encountered situations like this, right?
HEHE!!!
When facing a market like this, what would you do? Personally, I tend to wait for a longer trend for safety, I don't dare to catch a short trend like this for fear of risk.
In this market, if anyone often trades short trends like this, they are truly impressive :((
During this formula hunting period, I accidentally stumbled upon something. Actually, I have only applied 2 out of 12. But I think it's okay to share it with everyone. If you encounter a market like this, hopefully what I share can help.
HEHE!!!
I'm just sharing like this today, if you find it helpful, please give me a like and let's connect to mainly learn from each other's experiences.
👉 98.9% probability of a 25BP rate cut by the Fed in November
👉 According to CME's "Fed Watch": the probability that the Fed will cut 25 basis points in November is 98.9%, and the probability of keeping the current interest rate is 1.1%. The probability of maintaining the current interest rate until December is 0.2%, the probability of a cumulative cut of 25 basis points is 17.1%, and the probability of a cumulative cut of 50 basis points is 82.7%.
Been too busy to post this until now, I guess everyone already knows ??
If you want to earn $10 to $20 a day on Binance, there are many simple ways.
If you want to earn $100 to $200 a day on Binance, there are many simple ways to achieve this.
The main issue !!!!!
1. Options Trading: For the bold and knowledgeable Options trading on Binance can be a profitable choice for those familiar with market trends. Here is the analysis: How it works: Options trading involves purchasing contracts, allowing you to buy or sell an asset at a fixed price on a specific date. This is a great tool for speculating on price volatility.
Earning potential: With the right moves, traders can earn $10-20 or more within a few hours. However, be aware of the high risks involved—options trading is best suited for those with trading experience.
Available resources: Binance offers guides and a demo mode to help you learn thoroughly before starting to invest with real money.
Caution: High rewards come with high risks, so only participate if you are prepared for the possibility of volatility.
🚨🚨 STAY UP ALL NIGHT TO STEAL THIS CHART PATTERN FOR YOU TO REFER TO AVOID LOSING IN CRYPTO-FX TRADING! ❗❗
When navigating the volatile crypto-fx market, understanding these key candle patterns can make a difference.
SOME OF THE STRONGEST REVERSAL PATTERNS
A characteristic signal of a reversal.
Base: The market creates a base area where the price does not change much. After the price breaks out of this area downwards, this is a selling opportunity.
Fake Out: This is a pattern where the price appears to break a resistance area but then reverses downwards.
Traders can wait for a confirmation signal to sell when the trend turns back.
Head and Shoulders: This is a head and shoulders top pattern. When the price creates a highest peak (head) between two lower peaks (shoulders), and then breaks the neckline, this is a strong bearish signal and a selling opportunity.
👉Potential consequences if Trump loses the election 👈
CONSEQUENCES : :--|
What if Donald Trump faces defeat in the US election?
👉In the near future, the consequences could be significant, affecting not only American politics but also the democratic structure of the country.
👉The outcome of such a scenario could shape public perception of the electoral process, the stability of party alliances, and the integrity of future elections.
👉Below are some main consequences that could occur if: +The price of Bitcoin may be indirectly impacted by economic factors. +Market sentiment .+Financial and monetary policies. +Cryptocurrency regulations. +The USD: If the USD weakens. What do you think, ace? If Trump does not win the election, then LMS does not.
Donald Trump promises to end Harris's "war on Crypto"
With less than a week until Election Day in the United States, as many people have already voted early, the Republican presidential candidate. Donald Trump has used his social media platform to remind voters of his commitments to cryptocurrency.
On October 31, Trump posted on Truth Social. Calling on about 8 million of his followers to vote for him in the 2024 election.