If you open a trade position then market price suddenly goes against you , You will close your position at a loose ? Or you will open a hedge position and wait to gain back your momentum ‼️ As for me I don't close a position at a loose I will open hedge and I will wait the price to reverse in favor with me and close my position as a winner ‼️ HATE LOSES EVERYONE
In Cryptocurrency you have to sit down and do the math🧾. Its about being bullish with a good RRR and limiting exposure in a bear market.
Now you know if am teaching you Crypto🪙 you will need a calculator📟💴
#Cryptocurrency #Maths #Trading #Analysis #RiskAssessment #RiskManagement #Backtesting #TradingStrategy Check out more learning resources 📼Youtube: Crypto with Asili
With 5000 $USD or 679,450 $KES in Mpesa on Monday 09/09/2024 you get: 💱 0.0914 Bitcoin $BTC as Digital Gold 2.1834 Ethereum $ETH as Digital Oil 9.9309 Binance $BNB in Visa card 9,466.11 Ripple $XRP for E-commerce 55,297.5 Stellar $XLM for Forex 💱
Centralized Finance CeFi Lending and Decentralized Finance DeFi Lending. The major benefit is that DeFi Suppliers earn interest. #CryptoTradingKnowledge
With 5000 USD on Monday 26/02/2024 you get: 💱42,881.65 $XLM for Forex 💱9218.29 $XRP for E-commerce 💱12.87 $BNB in Visa card 💱9,626.49 $SAND for NFT Land 💱1.6015 $ETH as Digital Oil 💱0.0967 $BTC as Digital Gold
On the Valentine Day 14th Feb 2024, Bitcoin made history with 2 things. It crossed the 1 Trillion Market Capitalization¹. And it crossed $50,000 in Price² on the Valentines Day.
You should love Bitcoin, because it recognizes Valentine Day.
Food Inflation (CPI) has a 62.03% correlation with BTCUSDT Market Capitalization. In 2016-2017 an increase in inflation increased Crypto market cap, same with 2019-2020 and 2020-2021. The explanation is that 62% of the population believe Bitcoin offers a safe investment when there is a higher inflation.