Some people, when entering the crypto market, will focus on futures for quick profits... so they just play on
In the end, they end up with nothing and many promises to quit futures but still can't give it up
I once won for 32 consecutive days and suspected this was an unbeatable method in futures, but the doge took all my capital in a 3x short position two years ago... how ironic
And now is the time I start over in crypto and say no to futures.
In trading, trading position is very important, affecting the psychology of both profit and loss, the same for each individual. That is the key to psychological reactions when giving/giving commands, when researching and many other aspects. I share this topic for everyone to refer to 1. What is position? You often listen to others telling you to change your position, your position is too bad so you should cut... etc., your personal position is your starting line when entering the high or low market.
1. Research a lot of information about projects calling for capital from large funds: Jump, Binance Labs, A16z,... the more calls, the closer the call is, the best is to call right in the downtrend.• Jump Crypto is a branch specializing in investing in Jump Trading LLC's cryptocurrency market was established in 1999 with more than 700 employees in Chicago, New York, Austin, London, Tel Aviv, Singapore,...=> Veteran team, and extensive experience. testing to evaluate the project. Successful with deals such as SOL, NEAR, APT, INJ, CHZ, etc. • A16z is a venture capital company in Silicon Valley founded in 2009 10 years after Jump Trading. As of April 2022, a16z is managing a total of nearly $30B. Successful deals such as SOL, AVAX, NEAR, FLOW, UNI, DYDX, OP, APT...
What is a Pin Bar Candle? How to Recognize and Trade the Pin Bar Pattern
Pin Bar is a reversal signal that Price Action analysts often use because of its simplicity and high accuracy rate. Let's learn about Pin Bar candles through the following content: What is a Pin Bar candle? Classification of Pin bar candles Meaning of Pin Bar candles Installing Pin Bar candles on Tradingview How to trade effectively with Pin bar candles Experience when using Pin Bar candles What is a Pin Bar candle? Pin Bar is a Japanese candlestick with a candle shadow that is 2 to 3 times longer than the candle body - this is a Japanese candlestick with a relatively special shape. Long candle shadows represent price rejection (bullish or bearish) from the market. In the Price Action method, Pin Bar is one of the most powerful reversal candlestick patterns trusted and commonly used by most traders. Pin Bar candles are true in most markets from Crypto to stocks and Forex.
1. Profit-seeking mentality: + Many of you are going through the downtrend cycle for the first time, so your psychology will definitely be greatly affected and there will be many people who are still haunted by the prolonged dumps with no end in sight. Currently, a wave rate of 30-50% for you will be something of a luxury. Don't miss out on an entire uptrend cycle because of a small wave. + I know that right now your ability to make a profit is very low, just 1 beat x2-x3 and you will think about selling or optimizing immediately. Don't forget how we had to wait and go through the most difficult and harsh part of the cycle. Remember that the x2-x3 account uptrend season is something very normal and there is no reason for us to wait for the entire bear season to finish shorting the bull season.
$Bigtime is hot so share some playing experiences right now to avoid losing money, applicable to many different trends: Gamefi or other trends get leads when they have leads, in 2021, ASX, in 2023, Bigtime can be the lead gamefi again. The game is carefully invested, has a certain fomo, has a stream with a methodical format, not random builds. If Gamefi comes back or other trends explode, the projects behind it often collapse because the cash flow is not sustainable. , the economic model is not sustainable. DEV farming is geared towards short-term benefits. If you play the game, you will see that the game invests heavily in graphics, gameplay and mainly ponzi. The same goes for other trends, except for lead trends that bloom sooner or later and don't last long. Big and small trends, Gamefi 2021, LSD, Move to earn, the projects are less and less big, because later on DEV is boring. Create many profitable projects. The economic model was created mainly to attract liquidity and then scam, making user trust gradually disappear and x gradually getting smaller. Having missed the first wave, the fear of losing liquidity is even higher. 2021 privates also make you swing a lot. And I have a private project worth 10k$ and now everyone knows the results. If Gamefi determines how to play its games, it focuses on how long it takes to invest, how much to invest and what role its tokens play in the game. Hundreds of games have been created, but 1 or 2 have survived until now but are still barely alive.
Note: all tokens/coins mentioned in the article are examples for reference, not shares I, Criteria: Small market cap <100M (avoid fantoken) the lower the capitalization, the higher the account x ratio. Haven't flown at all in the last 2-3 months or more. That is to say, 2-3 months ago, it pumped again, then left and didn't pick it up again. It must be sideways for at least 1-2 months or more, to let the sharks collect more goods, the sharks will collect the drops, not the quantity. Large amounts are used to prepare positions before pumping. Priority is given to defi and trading volume mainly on Binance and Binance is the main holder, for example, TROY and DIA both have signs of liquidation tips, so I prefer to choose TROY. because the total trading volume of TROY on Binance > is 75% instead of DIA <span Priority is given to running on the BNB system, ETH chain, for example, if Qi runs on AVAX and TROY runs on BNB, TROY is preferred.
Classification of Wallets and How to Protect Assets in Wallets
Currently, the cash flow is showing signs of returning, the market is starting to become more vibrant, so the number of transactions is increasing day by day both on CEX and DEX. With DEX, the risk of losing assets is quite large due to interacting with bad projects or airdrops. In this article, I will mention popular wallets, the reasons why your wallet is hacked, and how to protect the assets in your personal wallet when hunting gems on DEX and when doing airdrops.
I wrote this article to help you understand the nature of liquidity so that in the next article I will post instructions on how to bet on lowcap shitcoins such as changing the chart name, BUSD, BTC pair and Fibo betting to make it easier to understand to avoid following the bet in the same way. mechanical and flexible.* note: all are examples, not bets Why do some tokens only release a small amount of tokens but the price plummets? For example, BNX had a shark wallet that dumped 3M tokens but the value dropped 50%.
Analyze Potential Trends to Become Mainstream Trends in the Next Bull Season
“Time is good for hunting trips.” In the article below, I will analyze and evaluate the potential of emerging trends in the market. From there, we predict stories that could become the main trend that will pull the whole market up in the next bull season (expected 2024-2026). Projections are based on research and personal experience, so they may be right or wrong. Please refer to them for more information.
After a process of continuous exposure to information channels and following a large number of gigabrains in the Crypto field. I realize that individuals have missed or ignored too many opportunities to catch the recent trend when it was just in the forming stage to have a super beautiful position. The feeling of missing out on something that "Oh, I knew this a long time ago" is very uncomfortable. If you can't control it, it's easy to fall into a state of fomo even though at this point the position and risks are no longer reasonable. In general, it's hot and spicy, but instead of jumping in and out, I'm determined to sit back and let the system see what key points need to be sensitive so that this time I can take advantage of the opportunity in the best way.
The crypto market is a highly volatile and rapidly changing industry, which can make it a challenging investment environment for investors. However, with the right strategies in place, you can manage risk and protect your investments. Risk is an unavoidable factor in investing, especially in the crypto market. A successful investor is someone who can balance two factors: risk and profit.
Step 1: Follow major funds in crypto First, the list of VCs to watch includes: Coinbase Ventures, Binance Labs, Andreessen Horowitz -a16z, Alameda Research, AU21 Capital, NGC Ventures, Jump Crypto, Digital Currency Group, Paradigm, Multicoin, Pantera, Framework Ventures, Draper VC, Polychain,... Then you can follow the funds' twitter. Each time the projects call for capital, they often retweet. Step 2: Visit Cryptorank– Select the funds section– Search for the fund name and the most recent Fundraising rounds. Notice the project name to follow + Category section to know which field the money is flowing into: Infrastructure, web3, Cefi, Defi, GameFi , NFT – Go to the website to read about the project and follow twitterOr you can use other methods: choose the name of the investment fund => then track where the money is flowing, depending on each person's style. For example, choose a fund: Binance Labs to follow is ranked tier 1, the tokens section is listed projects, the Funding Rounds section is projects that have just raised capital => CZ is focusing on building infrastructure for WEB 3