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Scalping in crypto is a short-term trading strategy where the goal is to make small, quick profits by entering and exiting trades frequently. Suppose you have $1000; the first step is to divide this amount into 10 parts of $100 each. This division gives you 10 separate opportunities to trade, which helps minimize the risk of losing your entire capital at once. Using platforms like Trading View, select a reliable trading indicator such as the Bollinger Band, which helps track price volatility and market conditions. Focus your trades on high-liquidity cryptocurrencies like Bitcoin ($BTC) and Ethereum ($ETH), as these are more stable and provide better opportunities for consistent gains.
It’s important to have a clear risk-to-reward mindset, targeting a 1:2 or 1:3 ratio, where you aim to make 2 to 3 times your potential loss. For example, if you risk losing $100 in a trade, you should aim to make $200 or $300 in profit. Set your stop-loss (SL) at 15% to limit your losses, meaning the maximum you can lose per trade is $15. Your take-profit (TP) targets should be set between 30% to 45% profit, allowing you to secure small, quick wins without holding positions for too long. Scalping typically works well with a 5-minute time frame, enabling you to act swiftly on short-term market movements.
With a 1:3 ratio in place, the math is in your favor: if you win just 3 out of your 10 trades, you can cover your losses and still come out ahead. For instance, if you lose 7 trades, each loss being $15, your total loss would be $105. However, if you win 3 trades with a 45% profit, you would make $135 per trade, resulting in a total profit of $405. After deducting your $105 loss, you are left with a net profit of $300. This strategy, combined with disciplined risk management, makes scalping a potentially profitable approach in the volatile crypto market. Best of luck!
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HERE ARE MY TOP 6 STRATEGIES FOR BECOMING RICH IN CRYPTO
Diversification: Even within your chosen strategy, diversify across different types of coins to spread risk.

Risk Management: Only invest what you can afford to lose. Cryptocurrency markets can be highly speculative, and while they offer high returns, they also come with significant risks.
Stay Informed: Keep up with market news, technological updates, regulatory changes, and community sentiment. The crypto space evolves rapidly, and staying informed helps in making timely decisions.
Security: Use secure practices for storing your cryptocurrencies, like using reputable wallets or cold storage for significant holdings.
Education: Continuously educate yourself about blockchain technology, smart contracts, and the fundamentals of the projects you invest in. Understanding the tech underpinning your investments can provide better insights into their potential.
Long-Term Perspective: Given your strategy leans towards holding through corrections, maintain a long-term investment perspective.
This strategy focuses on finding crypto coins with strong fundamentals, community support, and a clear vision for development, aiming to navigate the volatile market with a patient, well-researched approach.
Remember, while this strategy might reduce certain risks, there's always potential for loss. Always consider your financial situation and risk tolerance when making decisions.
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### Earn $100 Weekly from Futures Trading: A Modern Approach

If you're looking to generate $100 each week from futures trading, this method can help you do just that—with just a $20 starting capital. I’ve tested this strategy successfully, and I’m confident it can work for you too.

#### Key Considerations Before Trading:

1. **Set Clear Goals**: Know what you want to achieve.
2. **Stay Committed**: Maintain your focus on your trading plan.
3. **Establish Take Profit and Stop Loss Levels**: Protect your investment.
4. **Use 10x Leverage**: It maximizes your potential without excessive risk.
5. **Limit Your App Usage**: After placing your trade, close the Binance app. Constantly checking can lead to premature decisions.
6. **Let Your Orders Work for You**: Allow your take profit and stop loss settings to automatically close your trades.

#### Getting Started:

1. Decide how much you aim to make from each trade. For example, with a $20 capital, aim for a $2 profit. Statistically, you have a 90% chance of achieving this without losses.
2. As your capital grows—say to $30—adjust your profit target to $3, and continue scaling your targets until you’re aiming for $10 per trade.

I began my crypto journey with just $15, and within weeks, I significantly increased my capital using this approach.

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Solana Faces Uphill Battle to Reach $200 as DApp and Derivatives Markets Remain Optimistic
Solana's native token SOL (SOL) saw a 12.8% surge from March 24 to March 26, only to later dip to $186. Despite this setback, investors are optimistic, pointing to the uptick in memecoins and airdrops on the Solana network as factors that could support SOL's upward momentum and push its price past $200.
SOL's price took a hit due to Bitcoin's pullback and increased regulatory scrutiny. Bitcoin's failure to stay above $71,000 on March 26 has raised concerns about waning investor confidence, especially with the outflow of funds from spot Bitcoin exchange-traded funds. If institutional investors continue to reduce their exposure to crypto assets, the outlook for SOL and other altcoins may dim.
Further challenges for SOL's valuation could arise from recent legal actions by the U.S. Justice Department against KuCoin exchange and its founders. The U.S. Commodity Futures Trading Commission has accused KuCoin of offering unregulated derivatives to U.S. customers, involving transactions worth over $5 billion in suspicious and criminal proceeds.
Despite the immediate impact of Bitcoin's ETF flows and regulatory issues, SOL's price tends to react positively to advancements in the Solana ecosystem. The success of Solana SPL tokens, notably in the memecoin space, has attracted new projects to the blockchain, sustaining demand for the SOL token.
A 30-day analysis of the Solana network shows a notable uptick in user activity and volume, challenging bearish sentiments on SOL.
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2015 - You missed $XRP
2016 - You missed $ETH
2017 - You missed $ADA
2018 - You missed $BNB
2019 - You missed $LINK
2020 - You missed $DOT
2021 - You missed $SHIB
2022 - You missed $GMX
2023 - You missed $BONK
In 2024, don't miss $____
#1000x gem ♥️
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