Ashim The Bull

$KITE is surging with strong momentum as a seed-stage gainer, breaking out from consolidation with consecutive green candles and rising volume confirming buyer dominance.

Buy: $0.196
TP: $0.205|$0.210
SL: $0.185
Strength returning. Send it! 🚀
#Bullish #Write2Earn

Tried the Coupon of 30$ Eth/usdt in future with 20x leverage.

What would you expect from Top Crypto $BTC $ETH $BNB in the upcoming weekend.
Share your thoughts.
#Write2Earn

YOU'VE MISUNDERSTOOD THE PURPOSE OF LEVERAGE

You've totally misunderstood the leverage: leverage isn't meant to increase your exposure to the market, it's meant to reduce it. Pay close attention, this is very important.

90% of beginners think they can use leverage however they want. However, they're taking an enormous risk of total capital loss. Before diving into an in-depth explanation, let's recap what leverage is.

Leverage is borrowing money from the exchange to make trades. Let's take an example: if you initiate a trade with $100 with 2x leverage, you're putting in $100 of your own and borrowing $100 from the broker. So, your trade will be made with $200, meaning your gains and losses are doubled. If your trade loses 50%, the position will be liquidated because the exchange can't afford to lend to you indefinitely, otherwise, it would incur significant losses.

Now, let's understand why you've misunderstood leverage.
When you use leverage, it's to invest, for example, 10% of your capital by only investing 5%, if you use 2x leverage. In fact, leverage is meant to limit your losses (since you can't lose more than 50% with 2x leverage). Also, it's meant to diversify your investments because you allocate a smaller portion of your capital to your trades, leaving a larger portion to be invested elsewhere.

Many beginners believe it will make them earn more: no, it's only supposed to reduce your exposure to the market. Never increase it. It's absolutely crucial that you understand this.

I hope some will understand and implement these advice.

This post represents my personal views.

Thank you for reading.

If you liked it, don't hesitate to like, comment, share this post, and especially subscribe, it helps me a lot. You can also tip me to support me financially, it's my only way of being rewarded for teaching you as much as possible about the crypto market. Thank you very much to those who do.

#CR7ashim
#Write2Earn‬

What would you expect from Top Crypto $BTC $ETH $BNB in the upcoming weekend.
Share your thoughts.
#Write2Earn

I see a lot of people panicking right now because the crypto market is down. It shouldn't be the case, in fact, I should be seeing happy faces everywhere.
Why? Simply because it's a golden opportunity to buy back in.

Most of you are thinking in the wrong way: you buy when the markets are up and sell when the markets are down. You're doing the exact opposite of what you should be doing. Go against your instinct and buy back when the market is bleeding, those are the most beautiful opportunities you'll have.

You absolutely must always keep USDT on your Binance account, at least 20% of your total capital. If you don't have that, you'll just endure the downturns without being able to take advantage of them.
To do this, also keep 20% of your profits in USDT: keep them on your Binance account without investing them during upswings. In a bull market, you'll always earn more by investing on days when #BTC is down by -10% rather than on days when it's up by +10%, believe me.

Investing isn't a game, follow the advice of those who win and know their stuff, and you'll come out much better.

This post reflects my personal views.

Thank you for reading.

If you liked it, feel free to like, comment, share this post, and especially subscribe, it helps me a lot. You can also tip me to support me financially, it's my only way of being rewarded for teaching you as much as possible about the crypto market. Thank you so much to those who will do it.

#CR7ashim
#Write2Earn‬

Why You Should NEVER Trade on a Weekend 🚨
There are certain risks associated with trading during weekends that you should be aware of. Below are the reasons why you should never trade crypto on a weekend and how to minimize your exposure to these risks.
Limited Liquidity and Increased Volatility:
One of the main reasons to avoid trading crypto on weekends is the limited liquidity in the market. With traditional financial institutions closed, there are fewer participants, which can lead to increased volatility and wider bid-ask spreads. This can result in unfavorable trading conditions and significant losses.
News and Market Sentiment:
These can have a significant impact on cryptocurrency prices. On weekends, when trading volume is lower, the market is more susceptible to sudden price swings due to news events or shifts in market sentiment. This can make it harder to accurately predict price movement and execute profitable trades.
Technical Issues and Security Risks:
Trading cryptocurrencies on weekends can also expose you to technical issues and security risks. With reduced support from exchanges and trading platforms, it might be harder to resolve any technical problems that arise, potentially leading to losses. Additionally, the lower trading volumes on weekends can make it easier for bad actors to manipulate prices and carry out fraudulent activities.
Risk of Overtrading:
The lower trading volumes and increased volatility during weekends can also lead to overtrading, as you may be tempted to take advantage of perceived opportunities that may not be based on sound analysis. Overtrading can also result in more transaction costs.
While it might be tempting to trade over the weekend, the risks are pretty significant. Limited liquidity, increased volatility, and the potential for news-driven price swings can all contribute to unfavorable trading conditions and potential losses. To minimize your exposure to these risks, it is best to avoid trading weekends and focus on executing well-informed trades during periods of higher liquidity and market activity.

Is it too late to buy crypto? I have the answer.
It's natural to wonder if you've missed the boat especially given the significant gains some coins have experienced in the last month.
Firstly, picture yourself going back in time 4 years and ask yourself this same question. Would you invest in $ETH at $1200? Now fast forward 4 years from now and ask yourself this question again.
It’s important to understand that crypto is volatile and unpredictable. This means that while some coins may have already experienced significant growth, there's no guarantee that they won't continue to rise in value. On the other hand, there's also the risk that a coin's value could drop significantly.
Maybe it’s too late to buy an alt coin if it has reached the top of it’s potential. However you may not have missed the boat with much more popular coins such as $BTC and $ETH , coins with trending narratives or even some meme coins!
Analysing each coin, it's worth considering the potential for future growth in the market. Many believe that cryptocurrencies are still in their early stages and that there's plenty of room for growth and innovation. This could mean that there are still significant gains to be made for those who invest in the right coins at the right time.
Whether or not it's too late to buy each crypto depends on your individual circumstances, risk tolerance, and investment goals. However, the market as a whole is not too early to invest in. We are yet to see full adoption from corporations and retail and therefore crypto has a lot more room to keep going.
It's always important to do your own research and make informed decisions based on your own analysis of the market.
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