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Your 3 main adversaries in the trading world are: Greed / Fear / FOMO Greed hinders your ability to make rational evaluations and assess whether the risk-reward of a transaction is justified. "The game deeply engrosses me, yet I cannot afford to forgo the essentials hoping to gain the superfluous." 🚦Fear drives you towards impulsive decisions, leading you away from your plans and strategies, or, in extreme cases, paralyzes you into inaction. 🤔All three instincts - "fight, flee, or freeze" - are detrimental in the trading environment. It's always wiser to think rather than act hastily. 😖These two conflicting emotions are crucial: without them, success is unattainable, yet succumbing to them may lead to your downfall. ⚖️ The fearless eventually lose everything, while the stingy, at best, keep what they have. Finding an emotional equilibrium is key. 🚀 FOMO, the driver of the bull crypto market, is everywhere. Events that might interest you happen every few hours, not just daily. It's fine to miss out; no one can catch every opportunity. 🍏Focus on catching a percentage of the opportunities that come your way. Avoid grabbing at those that have already fallen and been tainted by failure. 🧠 The market constantly presents new possibilities to everyone. The most crucial aspect is to remain engaged and think critically.

Your 3 main adversaries in the trading world are:

Greed / Fear / FOMO

Greed hinders your ability to make rational evaluations and assess whether the risk-reward of a transaction is justified.

"The game deeply engrosses me, yet I cannot afford to forgo the essentials hoping to gain the superfluous."

🚦Fear drives you towards impulsive decisions, leading you away from your plans and strategies, or, in extreme cases, paralyzes you into inaction.

🤔All three instincts - "fight, flee, or freeze" - are detrimental in the trading environment. It's always wiser to think rather than act hastily.

😖These two conflicting emotions are crucial: without them, success is unattainable, yet succumbing to them may lead to your downfall.

⚖️ The fearless eventually lose everything, while the stingy, at best, keep what they have. Finding an emotional equilibrium is key.

🚀 FOMO, the driver of the bull crypto market, is everywhere. Events that might interest you happen every few hours, not just daily. It's fine to miss out; no one can catch every opportunity.

🍏Focus on catching a percentage of the opportunities that come your way. Avoid grabbing at those that have already fallen and been tainted by failure.

🧠 The market constantly presents new possibilities to everyone. The most crucial aspect is to remain engaged and think critically.

Izjava o omejitvi odgovornosti: Vključuje mnenja tretjih oseb. Ni finančni nasvet. Glejte Pogoje.
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Action or inaction, which is more important for achieving results? Every day, we all face the need to make decisions. For many, this process triggers stress and self-doubt. Often, hastily made decisions and their subsequent actions lead to failures in both personal and professional life. So, how can you tell when it's necessary to spring into action, and when it's better to just breathe, relax, and do nothing? Here's a simple piece of advice: As soon as you find yourself overwhelmed with worry, lost, and unsure about whether to act, it's a clear sign from your brain that it's time to pause. Acting in a state of stress, uncertainty, and constant self-doubt usually leads to rushed decisions and ultimately, negative outcomes. This is particularly true for impulsive behaviors, like panic selling or buying cryptocurrencies, thinking that the market will crash forever or grow indefinitely, and fearing missing out on huge profits. This last phenomenon is known as FOMO. I believe anyone who's ever traded any kind of assets has experienced it. In the trading world, succumbing to FOMO is a deadly mistake. But there's also the opposite scenario. I know many people who dream of achieving great things by their 40s, talk about building billion-dollar companies, yet do absolutely nothing. Their inaction stems from simple fear—fear of rejection in messaging, fear of looking silly to others on social media, fear of asking a friend for a contact. If you want results, especially significant ones, action is essential. However, your desire to act must be sincere, and your confidence in the necessity of these actions should be close to 100%. When your eyes sparkle with genuine desire, when you are driven by your heart, and when you are sure about moving forward, don't hesitate to make that call or send that message. The worst outcome in case of rejection or failure is staying right where you are. But success could lead to finding a new partner, co-founder, investor, or friend. I look forward to your thoughts in the comments. #FOMOisReal #fomo
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Cryptocurrency Market Overview Saturday, April 13, 2024 Bitcoin fluctuated within the range of $65,000 to $71,000 over the past day. The market capitalization fell to $2.39 trillion; the dominance index rose to 55.69%, reaching peaks above 56% at times. This is the highest since April 2021. The fear index is at 72. Stock markets declined yesterday. The S&P 500 closed down 1.46%, the dollar index rose to 105.8, and the yield on 10-year bonds is at 4.51%. Markets were once again spooked by the potential for war between Iran and Israel (they were first frightened a few days ago). An Iranian strike is expected as retaliation for Israel's attack on the Iranian embassy in Syria. It would be logical for Iran to strike on a Saturday, and the US has disseminated information that Iran may soon act, causing the markets to tumble. In the stock market, the decline was within the bounds of a minor correction. Bitcoin also stayed within its range. However, altcoins truly took a hit, with top altcoins losing between 18% to 25%. The biggest drops were in CORE, W, CFX, RUNE, TIA. SOL also saw a significant decline. Liquidations on the market reached $930 million. Bitcoin's dominance index has risen to a two-year high. I liked Bitcoin's resilience in this situation. It never dropped below $65,000, remaining in the same range it has been since the end of February. This suggests that the influence of the market crowd on Bitcoin's price formation is diminishing. What's Next? I think that some form of retaliation from Iran will happen (though not necessarily right now), but a major Iran-Israel war is unlikely at this point. The market will begin to recover at the start of the week. Those who buy altcoins now at a 15-25% discount will earn a quick profit even in the short term. Those who wait for a cheaper price will miss out on opportunities again. Those who open a short will suffer. #btc #crypto2024
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📊 Cryptocurrency Market Overview Wednesday, April 10, 2024 So, the inflation data turned out worse than expected 😟. The S&P 500 has fallen by just over 1% 📉, the yield on 10-year bonds is now above 4.5% 📈, and the dollar index is attempting to rise above 105 💵. 🚀 In the crypto market, Bitcoin dropped to $67.5k, then rebounded to $68.4k - $68.5k, where it currently stands. We see a return to the range where the price of the leading cryptocurrency has been since the end of February. In other words, nothing special. All plans are still in effect . Even among the altcoins, there’s no significant sell-off yet, although many of them remain undervalued. APT and BCH have fallen more than the market over the last 24 hours 😢. ENA, CKB, Pendle have risen. On an interesting note, 💰 Kickboxer Andrew Tate, who has been in the crypto scene for a while, reported that he was recently offered $21 million for a penthouse bought 2 years ago for $16 million. He intends to accept the offer and invest the proceeds in Bitcoin. 🧠 Andrew understands the market and the economy in general correctly. That’s why he operates with such amounts and assets. 🚀 When he turns $21 million into 2x-3x (which will be hard not to achieve in the next year to year and a half), his opportunities will increase even more. 🧐 A person who uses their brain and puts in the effort gets a worthy result. And will get more. Just like Taylor from MicroStrategy. And many less known people who timely used their brains for its intended purpose. People are not equal in their abilities and moral and volitional qualities. Hence, the results they achieve in any field will differ significantly. Should one now think it's too late, and all is lost? Of course not. Opportunities arise every day. It's enough to see, hear, and utilize them. #Bitcoin
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BITCOIN, GOLD, and S&P 500: Analyzing TODAY'S Financial Giants 🗓 Monday, April 8, 2024 Bitcoin fluctuated within the range of $68.8k to $70.3k over the last day. The market capitalization stands at $2.5 trillion, with a dominance index of 54.54% and a fear index at 76. The stock markets have opened neutrally, with the S&P 500 experiencing a slight dip, the dollar index climbing above 104, and gold hovering around $2360. 📈 The American indices remain near their peaks, suggesting potential for further growth due to the inevitable decrease of the Federal Reserve rate and the overall favorable economic situation for investment assets. 📉 Conversely, factors such as the market's prolonged previous growth driven by tech giants and AI-related companies, the increasing dollar index, potential geopolitical tensions, and Biden's controversial state, suggest a possible correction. This week's spotlight is on the release of the US CPI data for March and the PPI inflation data on April 11 at the same time. These figures will either propel the S&P 500 to new heights or push it towards the 5000-4800 range. Today data on inflation expectations in the US will be disclosed. Bitcoin has solidified its position above $68.5k, but encountered resistance in the $69.8k - $70.2k range. Since late February, Bitcoin has been trading within the $60.0k - $73.7k range, with significant stop zones formed outside these boundaries, making them attractive targets. It's certain that the price will hit the upper stop zone ($74.0k - $76.0k); the only question is when. The likelihood of reaching the lower stop zone ($58.6k - $56.0k) remains uncertain. Given the market's dynamics, a strategy becomes apparent. The main event on the horizon is the Bitcoin halving, expected in 11 days. The implications of this event for the market will be examined in due course. 🚀 Altcoins continue to trail behind Bitcoin's rally past $69.0k. With the dominance index nearing 55%, it's evident that investors are cautiously waiting to see if Bitcoin will secure its position above $70.0k or retreat. #btc
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📆 Thursday, April 4th, 2024 📈Over the past 24 hours, Bitcoin fluctuated within a range of $65,000 to $66,900. 📊Yesterday, stock markets saw growth. The S&P 500 index ended the day with a slight gain at 5211 points. The dollar index dipped a bit but remained sturdy above 104, and the yield on 10-year bonds reached 4.36% - a notably high figure. 💡A decline in the business activity index to a three-month low served as a catalyst for the surge, signaling good news for the market. A broader perspective on why the stock market stands where it does involves the unavoidable Federal Reserve rate cut in 2024, given the situation with the U.S. national debt and various other internal debts. 📉It seems likely that interest rates will end up significantly lower than what's currently anticipated. 🇺🇸💼Today, the U.S. is set to release trade balance and labor market data, potentially stirring market volatility with any surprises. 💸An increasing number of individuals are recognizing the toxicity of fiat in the present economic landscape. 📊🔍Bitcoin's position remains unchanged from its drop earlier in the week, establishing a local low at $64,500, with a support zone between $66,000 and $64,000. This forecast is holding up for now. 🔮The unpredictability of market sentiment underscores that nothing is guaranteed. A sudden surge of FUD could potentially break through not just the $64,000 mark but also dip below $62,000 to $60,000. The current audience quality is considered subpar, with a frightened crowd of "investors" capable of dramatic market moves. In a noteworthy development, Peter Schiff, a staunch advocate for gold over Bitcoin, has paradoxically opened sales for gold and silver bars in exchange for Bitcoin through his SchiffGold company. A pragmatic yet ironic move. 📈Today's key focus remains on a trading range with lower boundaries set at $62,000 to $60,000 and upper boundaries at $68,000 to $68,500. An alternative scenario could see a consolidation above $68,500. #MarketSituation
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