I started with just $100 and, in one month, grew it to $296. It was consistent daily growth. I didn’t chase massive profits. I stuck to my rules, cut losses early, and yes I got very lucky a couple of times.
But it only took a couple of bad trades to crash from $296 all the way down to $20.
Here’s what that taught me:
1. No matter how confident you are in your setup, there’s always a chance it goes against you. So always, ALWAYS use a stop loss where you can afford the loss and still stay on the game.
2. A perfect winning streak doesn’t make you invincible. In fact, it usually means a loss is right around the corner. So stay humble. Don’t let your ego fool you.
3. Realize the profit when you have it. You can always re-enter the trade. But you can’t re-enter after you get liquidated.
4. Losing small > winning big. If you have $100 and win $50, that’s a 50% gain. But if you lose $50, now you need to double your account just to get back to where you were.
5. Never revenge trade. Walk away after a big loss or a big win. That “one more trade” you’re aboslutely sure about? It almost never works out and it will always make things worse.
I’m starting over now with this $20 that’s left. And I’m documenting my journey to turn this $20 into $1,000 and beyond. So follow along to be a part of my journey.
it will go with the nears one .. use the trend line .. its now take liquidation on the longs first . becouse it liquidates us the short yesterday and the day before
Tapar khan
·
--
$BTC "My dear followers, today I have a question for you: At 83,890 there is a $230 million liquidation, and at 86,080 there is a $250 million liquidation. So, which one will the big whale liquidate first? Give me Answer in the comments."Now when the market price of BTC is 84,260. #TariffsPause #BinanceSafetyInsights
A Telegram bot that brings you (1.42 $TON) each day just by interning and collecting your ton every three hours. Tapless Game Join for Free and start claiming TON rewards right away. t.me/tapless_bot?start=3529822 ... This Game ends in 20 Days. #MemeCoinTrending #TON
A Telegram bot that brings you (1.42 $TON ) each day just by interning and collecting your ton every three hours. Tapless Game Join the Free and start claiming TON rewards right away. https://t.me/tapless_bot?start=352982290 This Game ends in 20 Days. #MemeCoinTrending #tonecoin
I asked the Binance support team > about removing #BinanceLaunchpoolHMSTR #hmster hmster hamster kombat from the Binance's Token Launch.
Thank you for bringing the Launchpool display issue to our attention. We are aware that HMSTER is currently not showing in the Launchpool display
Please rest assured that our team is actively working on a fix to resolve this issue as quickly as possible. We understand the importance of having accurate and timely information displayed, and we are committed to ensuring a smooth experience for all our users.
We would also like to assure you that the distribution for users who have already locked their assets is not affected by this display issue.
Your locked assets and any earned rewards are secure and will be distributed as expected. We appreciate your patience and understanding while we work to resolve this matter. If you have any further questions or need additional assistance, please do not hesitate to contact us
Bitcoin Dominance will not fall enough, this is where the institutional, store of value money is going.
2- VC Gains,
VC funded projects are killing the market, there is no good or fair entries for retail to invest and profit off new projects, we pay 50x more than early VC investors do, these VC profits do not flow back in the ALT market, most importantly they dilute liquidity.
3- New Tokens,
Since April we have had over 1 million new tokens introduced, this is utter madness and it dilutes liquidity in the market.
$150-$200 Million worth of new supply enters the market daily, if no new liquidity(investment) comes into the Crypto market to support this then these funds are sucked out of other ALT projects.
These projects dilute Crypto, it is exactly the same as governments printing money, we are just increasing the supply of tokens and to sustain it we need huge amounts of capital invested into crypto, currently all they do is dilute, devalue crypto.
4- The US interest rates,
This is one of the main factors that will determine how much money goes into the Crypto market in the coming year, we have already been priced in for 3 or 2 cuts in the last month and ALT season didnt start, now its down to 1, even at 2 cuts it wont support ALT season.
5- Centralised AI ,
As the AI goldrush booms, many large crypto mining or network securing projects are diversifying or switching to use their computing power for centralised AI as the gains are far greater(for now), as this happens many of these firms reduce their crypto holdings and in doing so create sell pressure on the market.
While all of these factors effect Crypto as a whole, the lower cap ALTS will be effected the most as institutional money will still invest in high cap protects like BTC, ETH, SOL and others.
Many ALTS could still see good gains in the coming months but have realistic expectations, dont be fooled by get rich quick ideas.
Wait for the gap between support and resistance to be reasonable; (take reasonable profits, this varies according to the money you put in)
Don't be greedy,sell before the resistance peak to be on the safer side.
Don't over trade;
When the price hits support twice (double bottom), usually it's going uptrend, you can hold the coin and hope for it to break resistance, sell if you think it might not,don't make it look like gambling.
When the price hits the support the third time, it usually doesn't raise like before, Sell immediately or don't buy at all because it usually crushes,hence wasting all the profits you've just made.
Exit trade and wait for the next support and resistance to be created,
Take your time, don't get excited and buy when you see the price go up higher,
Wait for resistance peak to be created, you can now buy if it hits the bottom and starts to raise but wait until you see the green percentage or small red percentage.
Don't panic if the percentage turns red and going against you because you are already in support,stay strong and hold the trade for better or worse it will raise to meet the resistance peak already created just give it some hours or a day and remember to sell early when it's almost coming to resistance if you are scared of risking.
Always pay attention on what's going on in Support areas and resistance areas.
It might take hours or days or even above for the reasonable support and resistance prices to be created, just keep looking for the support and resistance curves it doesn't matter for how long it will take, watch out before you take a step.
Note; Am not a financial adviser, this is according to my thinking and to how am trying to trade, I won't be responsible for your loss.
Im sure a lot of you are entering trades now trying to recoup losses from yesterday, that is a mistake.
Firstly what happened yesterday was not a crash, buying now is not buying the dip, the market could still fall more, it could still fall a lot more.
This is not FUD or to spread doubt.
Next week on Wednesday will determine the Crypto price direction, once the CPI data and FOMC press conference has finished.
The Jobs and earnings data from yesterday was bad for crypto because it shows interest rates could stay higher for longer, it also keeps an interest rate increase on the table, this is unlikely but would be terrible for Crypto.
For those who dont understand, higher interest rates are bad for crypto because the cost of borrowing money is higher and also the reward for saving money
Higher interest rates-less borrowing and more saving.
Lower interest rates-more money going into "risk on" Crypto.
It sucks but its reality, none of us have the money to move the market, the people and funds who do are all waiting or trying to pre empt what happens on wednesday.
No moves are going to happen now, especially after what happened yesterday.
Dont lose money trying to guess the market now, everything you lose now is bankroll for future profitable trading conditions.
There is a very simple reason for the BNB rise and fall in the last week, compare it to other high cap projects, notice any difference?
Yes US economic factors dropped prices of crypto but this rise and fall is also more calculated.
The VC’s are becoming more greedy!
Most newly launched projects on Binance in the last year have crashed in price on launch or shortly after, why? huge sell pressure hitting the market from farmed launchpool rewards.
Not so fast say the VC’s !
Now the VCs who backed the project are not only profiting off buying into the project for 2-5% of what retail can, they are now manipulating the system.
How?
They invest 10s of Millions across hundreds of Binance accounts(there is a single account hourly farming limit) to stake BNB so they can claim a large % of the launchpool rewards.
They dont so much care about the amount farmed, it is more about the illusion on launch, less sell pressure and more stability =more retail fomo buying=higher prices.
They hold farmed tokens and dump on you later.
It is important to note,
VC backed projects usually have a vesting period(a time they cant sell some or all of their tokens), So now they need to find new and inovative ways to fleece retail investors every step of the way, what better way than to have some control of the price action on launch?
Please dont make the mistake of buying into these projects on launch, they are totally anti retail and 100% made for already rich VC investors to profit off Crypto in every way they can.
This is not about any particular project, they could be amazing projects, it is about the amount of money VC investors are making off us over and over again.
This is also why I said before and I will say again, please don’t have your financial wellbeing locked into centralised staking,10-15% of your portfolio max.
*Everything stated above is just my opinion, solely based on research I do into crypto*