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@JoebNefty
Blockchain Writer and Crypto Trader | Zion Ambassador to Earth
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Why The Market Downturn?
Some OG crypto traders were taken by surprise when the crypto market experienced a major downturn between Sunday, August 5 and Monday, August 6, 2024. This bearish movement saw the price of #Bitcoin drop below $51,000 before rallying back up.
That kind of drop was unexpected at the start of what most crypto analysts have called the biggest and longest bullrun ever (#bullrun2024📈📈 )
In my opinion, the bearish move was partly due to the news of Israel and Iran being on the brink of war in the Middle East.
I would like to tell you such a move will not happen again in the crypto market but nobody knows for sure what will happen. We can only speculate.
However, there are actions you can take to protect your funds from getting liquidated while profiting maximally.
Firstly, don't ever open a trade without managing your risk. This is a basic rule of responsible and profitable trading.
Even with a "perfect" setup, anyone who trades without applying a stop-loss (SL) in this unpredictable market is begging for a blown account.
In addition to a SL, also apply a take-profit (TP) to secure your profits unless you plan to stay glued to the screen.
Secondly, keep your ears open for news about war and political elections, especially the US presidential election. If Donald Trump wins as I hope he would, we can expect to see the crypto market go bullish.
Finally, use your technical analysis to identify good entry prices into the market and manage your greed.
Happy trading, Frens!
#MarketDownturn
#IsraelIranWar
#DonaldJTrump
Some OG crypto traders were taken by surprise when the crypto market experienced a major downturn between Sunday, August 5 and Monday, August 6, 2024. This bearish movement saw the price of #Bitcoin drop below $51,000 before rallying back up.
That kind of drop was unexpected at the start of what most crypto analysts have called the biggest and longest bullrun ever (#bullrun2024📈📈 )
In my opinion, the bearish move was partly due to the news of Israel and Iran being on the brink of war in the Middle East.
I would like to tell you such a move will not happen again in the crypto market but nobody knows for sure what will happen. We can only speculate.
However, there are actions you can take to protect your funds from getting liquidated while profiting maximally.
Firstly, don't ever open a trade without managing your risk. This is a basic rule of responsible and profitable trading.
Even with a "perfect" setup, anyone who trades without applying a stop-loss (SL) in this unpredictable market is begging for a blown account.
In addition to a SL, also apply a take-profit (TP) to secure your profits unless you plan to stay glued to the screen.
Secondly, keep your ears open for news about war and political elections, especially the US presidential election. If Donald Trump wins as I hope he would, we can expect to see the crypto market go bullish.
Finally, use your technical analysis to identify good entry prices into the market and manage your greed.
Happy trading, Frens!
#MarketDownturn
#IsraelIranWar
#DonaldJTrump
Will SpaceCatch become another wildly successful AR project?
After doing some research, I will say yes. I expect $CATCH, the token of SpaceCatch to do at least 100x when the bull run hits fully.
Public presale is live currently, selling at $0.08 and the price is set to increase to $0.09 in a little over 5 days.
Go to the SpaceCatch website (spacecatch dot io) to buy.
Disclaimer: This information is purely for educational purposes. Please do not take it as an investment advice. I will not be responsible for anything that comes out of your use of this information. Please always do your own research (DYOR) on any digital asset you plan to invest in.
Meanwhile, I am still very bullish on Bitcoin. $BTC #SpaceCatch #NewProjects
After doing some research, I will say yes. I expect $CATCH, the token of SpaceCatch to do at least 100x when the bull run hits fully.
Public presale is live currently, selling at $0.08 and the price is set to increase to $0.09 in a little over 5 days.
Go to the SpaceCatch website (spacecatch dot io) to buy.
Disclaimer: This information is purely for educational purposes. Please do not take it as an investment advice. I will not be responsible for anything that comes out of your use of this information. Please always do your own research (DYOR) on any digital asset you plan to invest in.
Meanwhile, I am still very bullish on Bitcoin. $BTC #SpaceCatch #NewProjects
3 Cryptos For Buying and Selling In A Post-collapse World
I hear you asking what I mean by post-collapse world. Well, I mean just exactly what it says—whatever is left after the collapse of the economic system, supply/logistics system, security system, health system, etc. on a global scale.
There is a very real threat to human existence in this world, posed by the various conflicts going on around the world, first by the Russia-Ukraine war and now by the Israeli-Hamas war.
Have you ever thought of what happens if we find ourselves in a nuclear world wa
There is a very real threat to human existence in this world, posed by the various conflicts going on around the world, first by the Russia-Ukraine war and now by the Israeli-Hamas war.
Have you ever thought of what happens if we find ourselves in a nuclear world wa
How To Go From $10 to $1,000 In 30 Days Following 3 Simple Steps
Is it realistic to try and turn $10 into $1,000 by trading and investing in cryptocurrency? If this is a question you would like an answer to, I've got some great advice from my mentor for newbies who only have $10–$30 to start investing in crypto.
Here is a strategy that will work if you follow it diligently:
Step 1: Invest in knowledge
Business wisdom says to never invest in a business you know nothing about. It's one of the lessons I picked from the book "Richest Man in Babylon."
Your success
Here is a strategy that will work if you follow it diligently:
Step 1: Invest in knowledge
Business wisdom says to never invest in a business you know nothing about. It's one of the lessons I picked from the book "Richest Man in Babylon."
Your success
What emotion is the most difficult for you to control as a crypto trader? Let's discuss in the comments.
Meanwhile, I wrote a short article about the three emotions I believe can really hurt your success as a trader. #tradingemotions #TradingMastery
Meanwhile, I wrote a short article about the three emotions I believe can really hurt your success as a trader. #tradingemotions #TradingMastery
The 3 Emotions That Hurt Trading Success & How To Control Them
Every human being is a creature of emotions. A recent study by Dacher Keltner and his colleagues at UC Berkeley suggests that a human being can feel 27 different emotions.Out of these 27, anyone who will be successful in crypto trading and investing must master how to control these 3:Euphoric Greed, Vengeful Anger, and Fear.Euphoric GreedThis feeling is a version of euphoria that traders feel when they have just made substantial profit from the market. I call it euphoric greed because, in my opi
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SOLFutureRise
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urgent pump alert 🚀🚀🚀🚀
eth urgent update !!!!!
ETH current price is around $2,690. As I mentioned earlier, Alhamdulillah, ETH has moved just as expected, with the same pattern playing out. If Ethereum closes at this level, we could easily see another pump up to $2,850. Short-term support will remain around $2,580.
#SOLFutureRise #BTCBreaksATH #ETHBTCNewLow #EthereumWhitepaper #Write2Earn!
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