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INVESTING IN CRYPTO? AVOID THESE MISTAKES! - Investing in well-known cryptos without research - Buying at peak prices and wondering why you lost money - Blaming others for your losses INVEST WISELY: 1. Find hidden gems on Binance 2. Check for recent price surges (+300%); if so, move on 3. Invest up to 10% of your portfolio 4. Set sell orders at 200% of your buying price (e.g., buy at $1, sell at $3) REMEMBER: - Patience is key - Avoid seeking quick gains - Follow these tips to increase your chances of success! #Write2Earn!
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Risk Management Tips to Become Profitable👇 1. Trading Plans: Develop detailed trading plans outlining your entry and exit strategies, risk tolerance, and profit targets. 2. Trade Reviews: Regularly review your trades, both winners and losers, to identify areas for improvement. 3. The "2% Rule": Consider limiting your maximum daily loss to 2% of your trading capital. 4. Risk-Adjusted Leverage: Adjust your leverage based on the volatility of the market and your individual risk tolerance. 5. Portfolio Correlation: Be mindful of correlation between assets in your portfolio to avoid overexposure to specific risks. #Write2Earn!
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Patience is what you develop in order to become a consistent, successful trader. Wait for setups and trust your edge. Trading is a war of patience. #Write2Earn! Follow more updates & Signals @Dark Knight Signals
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You trade against the smartest people this world has ever seen. They use the most powerful AI tool the world has ever seen: Aladdin If you believe that your indicators A or B are key for your trading you will be absolutely humiliated in this game It’s all about psychology. #Write2Earn!
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#ETHEREUM UPDATE 🚨 Ethereum (ETH) is currently showing some interesting signs on the 1-hour timeframe. Let's break down what we're seeing: Possible Double Bottom: The chart suggests a pattern resembling a double bottom, which can be a bullish technical indicator. However, confirmation is needed. Descending Triangle: ETH is also forming a descending triangle pattern. This pattern can indicate a breakout in either direction, so further confirmation is required. Here's what to watch: Breakout: A clean break and close above the neckline of the descending triangle and the double bottom's resistance level would be a bullish signal, potentially leading to a price increase towards $3300 this week. Invalidation: An hourly close below $2840 would weaken the bullish case.
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