LIVEUmerkhalid
@bitcoinlife
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🛑I LOST A LOT OF MONEY IN CRYPTO...💰
...but after a lot of struggle and learning, I managed to flip the coin and drive amazing profits. Here are 8 golden rules that helped me make bank with crypto:
📉💼 1. DIVIDE & CONQUER: Split your funds into 5 parts and invest only one-fifth each time! Keep a tight leash with a 10-point stop loss. Mistakes are inevitable, but with this strategy, you'll only risk 2% of your total funds per trade. Set a stop profit of more than 10 points to avoid getting trapped.
📈💰 2. FOLLOW THE TREND: Improve your winning rate by following the trend! Buying on rebounds in a downward trend may seem tempting, but it's often better to wait for declines in an upward trend.
🚀📉 3. AVOID SHORT-TERM HYPE: Steer clear of coins that have skyrocketed in the short term. Whether mainstream or copycat, few coins sustain multiple waves of rising trends. Don't gamble on these volatile movements.
📊🔄 4. MACD INDICATORS: Use MACD to time your entry and exit points. A golden cross below the 0 axis signals a steady entry, while a dead cross above the 0 axis suggests reducing positions.
📈💔 5. AVOID AVERAGING DOWN: "Covering positions" can lead to heavy losses. Resist the urge to double down when you're losing; instead, increase positions when profitable. Don't dig yourself into a deeper hole.
💹📈 6. WATCH THE VOLUME: Volume and price indicators are crucial. Pay attention to large-volume breakthroughs at low consolidation levels and exit decisively when high levels show stagnation.
📈⬆ 7. RIDE THE UPTREND: Stick to currencies with upward trends to maximize your chances of winning. Watch for key indicators like the 3-day, 30-day, 84-day, and 120-day moving averages to gauge the direction of the market.
🔄📝 8. WEEKLY REVIEW: Consistently review your holdings and adjust your strategy accordingly. Check for any changes in logic, technical trends, and market direction. $BTC $ETH $SOL
...but after a lot of struggle and learning, I managed to flip the coin and drive amazing profits. Here are 8 golden rules that helped me make bank with crypto:
📉💼 1. DIVIDE & CONQUER: Split your funds into 5 parts and invest only one-fifth each time! Keep a tight leash with a 10-point stop loss. Mistakes are inevitable, but with this strategy, you'll only risk 2% of your total funds per trade. Set a stop profit of more than 10 points to avoid getting trapped.
📈💰 2. FOLLOW THE TREND: Improve your winning rate by following the trend! Buying on rebounds in a downward trend may seem tempting, but it's often better to wait for declines in an upward trend.
🚀📉 3. AVOID SHORT-TERM HYPE: Steer clear of coins that have skyrocketed in the short term. Whether mainstream or copycat, few coins sustain multiple waves of rising trends. Don't gamble on these volatile movements.
📊🔄 4. MACD INDICATORS: Use MACD to time your entry and exit points. A golden cross below the 0 axis signals a steady entry, while a dead cross above the 0 axis suggests reducing positions.
📈💔 5. AVOID AVERAGING DOWN: "Covering positions" can lead to heavy losses. Resist the urge to double down when you're losing; instead, increase positions when profitable. Don't dig yourself into a deeper hole.
💹📈 6. WATCH THE VOLUME: Volume and price indicators are crucial. Pay attention to large-volume breakthroughs at low consolidation levels and exit decisively when high levels show stagnation.
📈⬆ 7. RIDE THE UPTREND: Stick to currencies with upward trends to maximize your chances of winning. Watch for key indicators like the 3-day, 30-day, 84-day, and 120-day moving averages to gauge the direction of the market.
🔄📝 8. WEEKLY REVIEW: Consistently review your holdings and adjust your strategy accordingly. Check for any changes in logic, technical trends, and market direction. $BTC $ETH $SOL
$ETH $BTC $SOL Is Bitcoin Slipping Back Toward a Bear Market?
The price of BTC has fluttered downward since flying higher than ever a month ago. How low could it go?
Bitcoin is being weird again. Last month, it touched a new all-time high of nearly $74,000 per coin. Now, after having dropped hard and fast, the biggest digital coin is trading for $61,655.
VaynerSports Gaming VP Discusses Web3 Content Creators, Decentralized Streaming
One definition of a bear market is an asset priced 20% lower than its most recent high. CoinGecko data shows that BTC is currently more than 18% off the new top it hit in March.
Does that mean we’re edging toward a bear market just weeks after being in a bull market? Is that possible?
Rather than poking the bear, experts told Decrypt that Bitcoin is currently in a consolidating market: one where there is indecisiveness among investors and an asset neither continues nor counters a long-term trend.
As for why? War certainly isn’t helping. Bitcoin took a hit this past weekend—just before a geopolitical event shocked the markets.
Things looked rosy Friday morning Eastern Time when the coin was priced at nearly $71,000. But then the Wall Street Journal reported Iran was planning an attack on its arch nemesis.
The liquidation of hundreds of millions in short positions the same day was compounded when Tehran actually went ahead and launched a wave of 300 drones and ballistic missiles at Israel. #bitcoinhalving
The price of BTC has fluttered downward since flying higher than ever a month ago. How low could it go?
Bitcoin is being weird again. Last month, it touched a new all-time high of nearly $74,000 per coin. Now, after having dropped hard and fast, the biggest digital coin is trading for $61,655.
VaynerSports Gaming VP Discusses Web3 Content Creators, Decentralized Streaming
One definition of a bear market is an asset priced 20% lower than its most recent high. CoinGecko data shows that BTC is currently more than 18% off the new top it hit in March.
Does that mean we’re edging toward a bear market just weeks after being in a bull market? Is that possible?
Rather than poking the bear, experts told Decrypt that Bitcoin is currently in a consolidating market: one where there is indecisiveness among investors and an asset neither continues nor counters a long-term trend.
As for why? War certainly isn’t helping. Bitcoin took a hit this past weekend—just before a geopolitical event shocked the markets.
Things looked rosy Friday morning Eastern Time when the coin was priced at nearly $71,000. But then the Wall Street Journal reported Iran was planning an attack on its arch nemesis.
The liquidation of hundreds of millions in short positions the same day was compounded when Tehran actually went ahead and launched a wave of 300 drones and ballistic missiles at Israel. #bitcoinhalving
In 2004, the first gold ETF launched in the US.
20 years later, it’s #Bitcoin’s turn.
#BTC #ETH #GoldenRatio
20 years later, it’s #Bitcoin’s turn.
#BTC #ETH #GoldenRatio
#Bitcoin after failing 7 times to break 38k, its finally above $38k. Important point to note, it broke 38k, retested the level down 38k and again breaking above 38k - shows good bullish momentum.
But do note $40k is major resistance and hiccups will be there.
#bitcoin $BTC
But do note $40k is major resistance and hiccups will be there.
#bitcoin $BTC
The CEO of jpmorgan has sold $140m of stock. Is he preparing for 7% interest rates, buying #Bitcoin or what?
"I want to point out the central banks 18 months ago were 100% dead wrong," Dimon added.
"I would be quite cautious about what might happen next year."
zerohedge.com/markets/jpm-ce…
"I want to point out the central banks 18 months ago were 100% dead wrong," Dimon added.
"I would be quite cautious about what might happen next year."
zerohedge.com/markets/jpm-ce…
