I am calling out to those who say high leverage is gambling. Block everyone who has taught the logic that more than 10x is gambling. VOLUME IS IMPORTANT, NOT LEVERAGE.
To make 1000$ volume, either open 10x 100$ or open 10$ 100x, BOTH ARE THE SAME THING. (Only in cross transactions)
The market situation is obvious. In leveraged transactions, the lion's mouth is the bread. . . I would say but it's not. Why not? I made a transaction yesterday and those who follow me won again. It's that simple, man, it's not rocket science. Go to my profile and look, people made money with every transaction I made 💸💸
$TON It looks nice, there is a wedge structure in the graphic, it got its support from the lower band, it will try the upper band. If it breaks the upper band, let the festivities begin 💸
Leveraged trading is appealing to all of us, of course it is a very profitable market! However, this business is actually a huge swamp. I'm speechless when it comes to risk management. We shared it on the announcement channel, but let me summarize a bit. There is a huge mistake in the market. Opening high leverage is gambling. WRONG!!! For years, big crypto influencers have been saying "Don't exceed 10x, anything above 5x is gambling", guys, there is no such thing. The logic of half a doctor, half a teacher, makes you lose your faith. Crypto influencers who don't know anything will also make you lose your money. The most critical point of leverage is the cash and volume ratio.
We came to the dollar dominance (USDT.D) and it is moving in the opposite direction to BTC. At the same time, according to this chart, we see whether BTC will go up or down at critical points and enter the transaction from here. Therefore, our success rate is higher. I have drawn 2 possible scenarios in the chart, let's examine those scenarios.
1. What happens if there is a scenario?
In this scenario, I expect USDT.D to come to the 2nd demand zone, get rejected from there and continue the downtrend. In other words, I foresee the market rising after a small decline. BTC may want to come to the 55-58K range for a final retest.
Bros, I posted a post yesterday where I shared my market views. It got a good amount of views, we will watch the movement of Bitcoin, as I said, we predict that ATH will come in the first week of October, unless there is a possible global crisis (war etc. etc.), there is a 4-halving cycle.
BTC enters the real bull rise 5-6 months after the halving, the last 3 halvings have been like this, I hope something like this happens and we are not wrong, that period also coincides with the first week of October.
As I said, if Bitcoin makes ATH during that period, we will gift a 1-week VIP group to everyone who follows on Telegram.
I have pinned the channel name to the profile, you can write it there and come. The link is not shared here. That is, do not be a liq during this period, learn risk management, take care of yourself
🔹 Unless there is a global disaster, major economic event, war, etc., BTC will neither see 40K nor 50K.
🔹We are not one of those lying and empty channels that try to time the market, chase after fishbones and don't make baskets, and after the market goes up 2-3X, make a show saying "Come on friends, we are making baskets, I bought this and that" and say "I told you before, it will go up".
🔹This is VENUS CRYPTO, I wrote one by one that I added the products on the spot that I bought here while the market was falling. I completed my last purchases between August 5 and August 30. I made my basket. I shared my benefits with you clearly and directly. I shared the strong projects that I expected to increase between 35-60x in VIP.
🔹The breakout in the diamond formation has come upwards. If technical analysis works, if there is no negative news that will disrupt the market globally, BTC's target seems to be $82,000. I think this will be the shortest term target. Don't think it's a bull target. It's not even half of my BTC target for the bull.
🔹According to the structure here, a small pullback seems likely to support the 60-61K band in BTC. I think there is a possibility of a reaction from there and an increase similar to the shape I drew.
Monday • US House of Representatives Committee to hold crypto hearings.
Tuesday • Voting to begin on $LSK burn.
Former Alameda Research CEO Caroline Ellison to attend sentencing hearing.
Wednesday • $EOS hard fork to occur.
Thursday • Hamster Kombat to be listed on Binance and many exchanges. $HMSTR • US Gross Domestic Product (GDP) to be released - 15:30 (expected 3, previous 1.4) • FED Chair Powell to give speech - 16:20
Friday • US Core Personal Consumption Expenditure Price Index (YoY) (PCE) to be released - 15:30 (previous 2.6)
Sunday • Binance exchange founder CZ to be released. $BNB
Another weekend boredom. We say the market is open 24/7 but friends, people are not open 24/7 so the market is a boring curse with no volume on weekends. Small sales come, sometimes purchases come but Bitcoin goes up and down between $300-500.
In this boring situation, we can come to our group and chat. You can ask your questions and we will do market analysis together. I pinned it to my profile, look there and write and come
I want to touch on a very critical point. This situation is a bleeding wound of our society. . .
I just spoke with a lady who is our follower. I send her lots of love and greetings from here. Because she could not manage risk well, her fund has melted by 96% in leveraged transactions. And not only her, we talked to a few other followers and talked about their problems today, their fund has melted away because they do not know how to manage risk. Don't do it, for goodness sake, it is a shame and a sin. Money is not easy to earn, if you do not know, either get help from someone who knows or enter with small amounts of money until you learn. Learn risk management, my friends, even come and let me teach you.
I send my heartfelt love to everyone who saw Crypto Venus from here and came to support via telegram. You are the cornerstones of this family. One day our family will become a very large community. But I will never forget the first members of our family. I am glad you exist, I love you <3