My 2025 Crypto Savings Goals
1. Build a Long-Term Portfolio
2. Diversify my account into both spot and derivatives. My spot bag is expected to include not just the blue chips token but also some memes and AI tokens
3. Yield Earnings: I'll also like to participate in some yield farming as alternate way of earning through the cryptocurrency niche and also include some liquidity pool with launchpos and hopefully lucky enough in the launchpads as well.
4. Learning and knowledge: To navigate the crypto space successfully, one need to acquire a substantial knowledge of the crypto world through constant research and continuous learning.

Strategies to Achieve my crypto Savings Goals
1. Dollar-Cost Averaging (DCA)
2. Set Profit Targets
3. Automated Savings & Purchases
4. Stake and Earn
5. Stay Updated
6. Risk Management
7. Track Progress
8. Learn and Adapt
#BinanceNewYear

I believe nothing is impossible but for Bitcoin to reach a value of $200,000 seems far fetched for me. surely NFA, only time will tell. we keep our fingers crossed

What Is Revenge Trading?

Revenge trading refers to a psychological trap where traders try to quickly recover their losses, often leading to irrational trading decisions. Revenge trading can lead to a dangerous cycle of poor trading decisions, as traders start basing their trades on emotions rather than proper trading strategies.

How Does Revenge Trading Work?

Revenge trading typically occurs when a trader experiences a significant loss or a series of losses. Feeling the pressure to "make back" the lost funds, the trader deviates from their trading strategy, often increasing their position sizing or entering trades with higher risk profiles.

The trader's judgment is clouded by emotions, overriding the discipline and rules set in their trading plan. They may start ignoring fundamental risk management principles and market indicators, focusing solely on recovering their loss as quickly as possible.
For instance, imagine that after a heavy loss caused by an unexpected market downturn, the trader doubles down on another risky position to recover the lost capital. The new position bets against the recent downturn. Despite market indicators suggesting further decline, the trader sticks with the new position without any reason other than to recover their previous losses.

Consequences of Revenge Trading

Revenge trading can negatively influence traders both financially and emotionally. Financially, revenge trading often leads to further losses. It can also result in higher trading costs if trading frequency increases.

Emotionally, revenge trading can lead to stress and anxiety. It can also lead to a feeling of frustration and failure, which might deter the trader from following a systematic trading approach in the future. Furthermore, persistent revenge trading can result in burnout, causing the trader to lose interest and potentially stop trading altogether.

Trading is hard and can be very stressful. If you find yourself revenge trading, or failing to follow your trading strategies, long-term investing might be a safer and easier choice, especially for beginners

WHERE IS 100X ALTSEASON ?

Where are the Retail Investors?

We are in a hyper-bullish cycle yet there is no volume forming, no sudden 50% pumps, and no explosive sentiment even on Twitter.

My mind keeps asking where is retail?

1/ One key factor I believe that affects the power of retail in investing is the memecoin craze.

There are more memecoin projects than any decent crypto projects that are being released each day. 20k coins have launched in a day so you can imagine the dilution.

2/ Retail investors are looking for projects that can do an easy 100x in the bullrun.

But the current status quo of this cycle proves otherwise.

Projects launching on $500M FDV leaving very little space for upside

3/ Memecoins are everywhere.

Retails jumped on memecoins because it is easy to earn 100x but many are the same insider teams launching 100+ memecoins and sucking liquidity

4/ Retail can't get their hands on projects.

There are fewer opportunities for retail to invest in projects on pre-sale or at least purchase them in low market price.

5/ Are we getting away from decentralization?

VC plays an important role in a project. But nowadays, projects raise more money from VC.

No public sale means retail can't enter the market early thus making it unprofitable for them.

ETH in 2014 is less than a dollar. Today it is almost 10,000x
SOL in 2020 is less than a dollar. Today it is 600x

Everyone can join before.

6/ Let's talk about airdrop.

Airdrop system becomes more VC and team-centric. Early users are rewarded for the amount they 'stake' in the platform.

7/ Are we doomed? YES. Can we fix it? YES

A. Let's go back to having a public sale at lower valuations then 500M launches

8/ Here's the truth.
Retail money is in memecoins right now. Enter today, exit tomorrow. The money is easy in and easy out. There is no longevity.

We need the retail money in the market. To do this, we need solid projects that have public token sales at a real discounted price.

So the retail can ape in early, hold their position the entire bull run, and enjoy the ride.

🔎Market Overview:

BTC is fluctuating, with outflows from spot ETFs. The market lacks hotspots.

U.S. stocks are rising as the market awaits the CPI data on the 15th.

💡Market Highlights:

Meme leader PEPE and AI leader AR are performing strongly, with four consecutive weeks of gains. A whale has purchased PEPE.

GMX, a DeFi project, is rising. The GMX futures trading platform has moved to the Solana chain. The overall trading volume on Solana chain DEXs exceeds the combined volume of ETH, BSC, ARB, OP, and BASE chains.

Meme coins MAGA and Donald Tremp are surging. Presidential candidate Donald Trump supports crypto; MAGA's market cap has reached $400 million, entering the top 200 by market value.

Eigenlayer's re-staking is available for collection, and the off-exchange futures price predicts a market cap of $12 billion, potentially starting trading by the end of September. Staking Eigen to Puffer nodes can earn Puffer points.

Binance’s MegaDrop platform will launch BounceBit (BB) today. BB is a BTC re-staking protocol planning to engage in futures-spot arbitrage similar to ETHENA. BB's TVL is $1 billion, with a total supply of 2.1 billion, and the market predicts a valuation of around $2 billion. Three months ago, in February 2024, its VC funding round was valued at approximately $60 million.

Ever since the Bitcoin Spot ETF was approved, many have wondered what are the differences between Bitcoin ETF and directly buying BTC? Would it be better to buy Bitcoin or the ETF?
Let's dive in!

Pros of Bitcoin Spot ETF
For traditional investors, Bitcoin ETFs simplify entry into the cryptocurrency market, avoiding the technicalities of crypto wallets and blockchain. You can be excused from managing wallets with Bitcoins, navigating online crypto exchanges, or grappling with private and public keys. Removing such technical hurdles makes it simplified, making it a more attractive proposition for those accustomed to traditional investments.

Cons of Bitcoin Spot ETF
When you purchase ETFs, you don't own the underlying Bitcoin, thus limiting your control over your investment.

While investing in spot bitcoin ETFs could save you the time and costs of exchanging and securing Bitcoins yourself, these ETFs do charge management fees to cover operational costs, diminishing your returns over time.
Is Bitcoin Spot ETF for me?

The Bitcoin Spot ETFs represent a significant evolution in cryptocurrency, offering a regulated and simplified way to gain exposure to bitcoin’s prices. However, convenience does comes additional costs with management fees.

Pros of Buying Bitcoin Directly
One of the most important advantage for direct buyers is owning their Bitcoin, giving them complete control over their assets. Upon purchasing it on a cryptocurrency exchange such as Binance, you can withdraw out to your own wallet for self-custody or leave it on the exchange.

Investors with Bitcoin are able to trade at any time, including weekends and public holidays. This cannot be done with the Bitcoin Spot ETF as it is traded like a stock counter and can only be traded during traditional stock market trading hours.

Direct ownership of Bitcoin would potentially lead to higher returns as well.

Bottom Line
It’s important to note that crypto is a volatile asset class. Before plunging into these investment waters, getting professional advice is always prudent and always DYOR .
#ETFvsBTC