Here’s a secret that only #crypto millionaire traders understand.
Higher-Timeframe Analysis is the key.
It will make your trading 100x easier.
How?
The highest-quality setups are ones with the trend and with a good price position.
That is when Patience comes into play.
Ask yourself these questions:
- Are the Higher Timeframes (Daily, 4H) clear? - Do you have a clear HTF Liquidity Target? - Do you have a HTF Point of Interest? - Do you have good positioning (premium/discount)?
If the answer to any of these questions is NO.
Then no trade.
Simple.
Instead of trading randomly, ONLY focus on the trades that have an easy to read higher timeframe.
Earth Wallet focuses on providing decentralised services. It is available on mobile devices and aims to mitigate the need for centralised exchanges. Alongside supporting BRC-20 tokens, the wallet allows users to stake their bitcoins in-house and run an Earth Node. Running an Earth Node will be part of a decentralised social network and users will earn staking and governance rewards. Earth Wallet states that staking bitcoin will allow users to receive Earth-stake bitcoin, qualifying them for an airdrop.
Leather
Leather was formally known as Hiro Wallet and is available on a desktop extension. Leather aims to allow users to put their Bitcoin assets to work on dApps. This means that users can use DeFi applications in addition to storing and inscribing Ordinals and BRC-20 tokens. Leather integrates with Stacks to provide a Layer 2 alternative and is functional with Ledger wallets. Leather is also set to introduce the Lightning Network to its wallet.
Token Pocket
Token Pocket is available on mobile and Chrome and is a multi-sig wallet. Alongside the software wallet, Token Pocket has a hardware wallet available for purchase to store BRC-20 tokens securely. It supports an array of blockchains and allows users to store, send, receive, and utilise their assets in-house. Users can purchase crypto in the wallet using a debit card and utilise dApps
The Ledger Live app supports BRC-20 tokens and is available to those who use the hardware wallet. Ledger offers a secure option for storing BRC-20 tokens rather than on a software wallet. BRC-20 tokens can be managed like any other token inside the interface. The wallet is available on mobile and desktop.
Bitget Wallet
Bitget Wallet is another BRC-20 option for storing tokens. With the wallet supporting over 90 blockchains, it is one for all-in-one needs. The wallet is available via desktop extension and offers a variety of in-house features.
Xverse Wallet
Xverse describes itself as “The Bitcoin Wallet for everyone” and is available on mobile and desktop. The wallet provides several abilities on Bitcoin, such as building, Ordinals, BRC-20 tokens, and an upcoming Lightning Network integration. Xverse is also compatible with Ledger, meaning wallet users can benefit from the hardware wallet security capabilities. The wallet allows users to connect and use decentralised applications built on Bitcoin, such as Magic Eden and Alex.
Sparrow Wallet
Sparrow is a Bitcoin-dedicated wallet and prioritises financial self-sovereignty. Sparrow focuses its efforts towards security, privacy, and usability. It does this by providing as much information about transactions and UTXOs as possible. The wallet has many features, such as single and multi-sig, hardware wallet support, built-in Tor, and testnet, regtest, and signet support. Of course, it also supports BRC-20 tokens on Bitcoin for users to take full control of their assets and manage them accordingly. The wallet is also easily added to Hardware devices such as ColdCard, allowing users to increase their security with the device of their choosing. 2 / 3
The Top Ten BRC-20 Wallets BRC-20 tokens have become a leading topic in crypto. Let’s look at some of the wallets capable of managing them.
BRC-20 tokens are a fungible token standard based on the Bitcoin Blockchain, which have been introduced by the Ordinals protocol.
They use the Ordinals inscriptions to inscribe files directly onto individual satoshis using JSON code. This distinguishes them from fungible tokens on other blockchains, such as Ethereum or Polygon.
The following wallets are compatible with BRC-20 tokens but are not ranked from a UI or UX perspective.
Ordinals Wallet
Ordinals Wallet is a non-custodial Bitcoin wallet which allows users to save, transfer, receive, and create Ordinals. It also provides support for BRC-20 tokens such as ORDI and SATS. The wallet also operates as a marketplace, where users can buy and sell Ordinals via the wallet interface, similar to Magic Eden. The wallet is also open-source, meaning anyone can view its code to check for vulnerabilities, if they so desire. The wallet also hosts support for DRC-20 and Doginals on the Dogecoin network.
Unisats
Unisats is available via Chrome extension and allows users to perform tasks similar to those of Ordinals Wallet from a Bitcoin standpoint. It allows users to send, receive, and inscribe Ordinals and is also open-source. The wallet prioritises security and encrypts wallet owners’ private keys and does not store potentially sensitive data on the device. Unisats also supports BRC-20 tokens and offers services for Atomicals on the Cosmos network.
OKX Wallet
OKX is a centralised cryptocurrency exchange which also offers a standalone, decentralised, non-custodial wallet, similar to how Coinbase and Binance both have their own web3 wallet, among other exchanges. OKX’s wallet supports a host of blockchains, allowing users to explore EVM and non-EVM networks seamlessly in-house. The wallet also offers support for BRC-20 tokens and Ordinals, allowing users to immerse themselves in the hot topic. The OKX wallet is available on mobile and desktop. 1/ 3 ..
🚀🚀Launch of SpaceX's "Doge-1" moon mission, funded by Dogecoin, is getting closer.
A moon mission funded by Dogecoin (DOGE) has gotten approval to go ahead. The mission is called DOGE-1 and it involves sending a satellite into space using a SpaceX rocket.
The satellite will have a screen that shows advertisements, pictures, and logos that will be sent back to Earth. This is the first time a satellite launch is being paid for with DOGE tokens.
The launch was supposed to happen in 2022 but it has been delayed until January 2024. This is one of two missions that will be happening with Dogecoin in the near future. #Dogecoin2024 #DOGEUpdate #Doge Crypto $DOGE What do you think will be next for doge??
#MyFirstFeedPost Hello, Binance Square! Interesting Facts About Relative Strength Index(RSI) in Cryptocurrency..💰💵
✨The RSI gives traders a sense of whether a cryptocurrency is overbought or oversold by comparing the size of a cryptocurrency's recent gains to its recent losses.
✨The relative strength index (RSI) is a momentum oscillator that has a range of 0 to 100. A reading above 70 indicates that an asset is overbought, and a score below 30 indicates that it is oversold.
🌟Benefits and drawbacks of RSI
It has a number of benefits, such as simple information accessibility and advice on how to use it practically. Additionally, RSI helps traders make wise trading selections by clearly signalling overbought or oversold positions.
But inexperienced traders can require assistance in comprehending and applying RSI successfully, which calls for training and experience. In order to enhance the efficacy of RSI, traders are recommended to integrate it with additional indicators and analytical instruments. This will facilitate the making of educated decisions that bolster their cryptocurrency trading tactics.
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