mastermindkhan
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$NEIRO ate up all of its liquidity. What a marvellous sight to behold. You are a true shark $NEIRO .
DISCLAIMER: This is not meant to hurt anyone. This is how the market makers manipulate.
DISCLAIMER: This is not meant to hurt anyone. This is how the market makers manipulate.
Being a spot daily trader, today was a tough day for me. The screenshot below shows my battle today with the extreme volatility of $NEIRO. It was a tough battle but I emerged a victor.
The reason to share this is to emphasise the following:
1. Never go all-in to a trade but break your portfolio into chunks and try to buy at the lows.
2. How do you decide where to buy depends upon a lot of factors:
a. Current position of BTC. Is at resistance or is it at support.
b. Previous history of the coin you are investing in. You need to determine the previous support levels. And when a coin drops at its support that is your cue to get in.
c. You need to know the liquidation levels of a coin, for that you can check different websites and applications by searching liquidation heatmap of the coin. Liquidation heatmaps are available for coins that are listed in futures.
d. Instead of buying at the time a coin falls, manually. Pre determine the lower support levels and place limit orders. So that your orders are auto placed because sometimes we do not get much time to get in.
e. Stay focused and dont loose your patience.
The method i used is known as DCA and helps bring down the average cost of the coin giving you an edge even if the coin does not recover fully.
In the end, I would like to say that I am very bullish regarding $NEIRO and i see extreme potential in this coin. However, currently the market is at an extremely important juncture. $BTC dominance is at an all time high and BTC is at an extremely strong resistance level so we need to tread very carefully.
This post is just to share my experience with others. DYOR before getting into any trade. Happy trading!
The reason to share this is to emphasise the following:
1. Never go all-in to a trade but break your portfolio into chunks and try to buy at the lows.
2. How do you decide where to buy depends upon a lot of factors:
a. Current position of BTC. Is at resistance or is it at support.
b. Previous history of the coin you are investing in. You need to determine the previous support levels. And when a coin drops at its support that is your cue to get in.
c. You need to know the liquidation levels of a coin, for that you can check different websites and applications by searching liquidation heatmap of the coin. Liquidation heatmaps are available for coins that are listed in futures.
d. Instead of buying at the time a coin falls, manually. Pre determine the lower support levels and place limit orders. So that your orders are auto placed because sometimes we do not get much time to get in.
e. Stay focused and dont loose your patience.
The method i used is known as DCA and helps bring down the average cost of the coin giving you an edge even if the coin does not recover fully.
In the end, I would like to say that I am very bullish regarding $NEIRO and i see extreme potential in this coin. However, currently the market is at an extremely important juncture. $BTC dominance is at an all time high and BTC is at an extremely strong resistance level so we need to tread very carefully.
This post is just to share my experience with others. DYOR before getting into any trade. Happy trading!
$NEIRO can fall back to the 0.00181 - 0.00182 region as BTC is at its resistance and can fall back any time to liquidate the fair value gap in the 63,000 to 63,800 range so be careful everyone. Since its a bull market I am not considering the fair value gaps below the 63k range. However, anything is possible in the crypto market. Happy trading.
Consider placing buy orders for $NEIRO in the lower region of 0.00181 - 0.00183.
Consider placing buy orders for $NEIRO in the lower region of 0.00181 - 0.00183.
$NEIRO getting ready for another pump soon. Keep a tight stop loss to protect yourself from the coin’s volatility.
$NEIRO to the moon 🚀🚀🚀
$NEIRO to the moon 🚀🚀🚀
$NEIRO has breached its previous support levels in this market as of a minute ago. Being a huge supporter of $NEIRO although this could be an extremely good buying opportunity however i would suggest an exit for spot traders as this could further decline and cause serious losses. If you take any risk of buying keep your stop losses extremely tight as $NEIRO is collapsing.
$NEIRO creating a flag. Fearmongers pushing it down but my heart is saying that this project is worth it. Manage your stop losses guys and leave it be. If it hits the stop loss wait for it to stabilize and get back on the boat depending on how much loss you can bear. $NEIRO is here for the long run.
$NEIRO has managed to stabilise at the current resistance level and it’s looking like this would turn into support. If the trend goes for the next 3 to 4 hours we would be moving further upwards. $NEIRO to the moon 🚀
$NEIRO trying to break the resistance. Push …. Give it a push. As per my understanding if volume keeps on increasing we will be at 0.0012400 to 0.0012600 till 12-12:30 UTC
$NEIRO As a coin ages, it starts creating some good support and resistance patterns. I believe in $NEIRO . The future is bright.
$NEIRO i see a cup and handle pattern forming on the 1 hour chart. Do not invest on my advice. But i think its time for NEIRO to recover.
$NEIRO despite the recent downfall, people do not seem to lose interest in this coin. I think it has a lot of potential and we can expect a jump very soon.
The most important thing for all traders is to set STOP LOSS. You must be willing to lose a certain percentage of your portfolio rather than looking all the time at the screen. I have found the trailing stop loss to be a good partner of mine. Specially when i sleep i set it at a percentage which I think I can bear and it has always closed my trades in profit. Maybe not at the peak but a little lower. Does not matter. Profit is profit.
It closed me in profit when NEIRO collapsed the other day. So instead of crying after we have lost our complete portfolio, we should focus on our trading strategies and most importantly we need to think before taking a step.
The most important thing for all traders is to set STOP LOSS. You must be willing to lose a certain percentage of your portfolio rather than looking all the time at the screen. I have found the trailing stop loss to be a good partner of mine. Specially when i sleep i set it at a percentage which I think I can bear and it has always closed my trades in profit. Maybe not at the peak but a little lower. Does not matter. Profit is profit.
It closed me in profit when NEIRO collapsed the other day. So instead of crying after we have lost our complete portfolio, we should focus on our trading strategies and most importantly we need to think before taking a step.
$NEIRO is the attention of too many fearmongers right now. It has a lot of potential but too much panic selling and too much FOMO is messing it up.
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