'don't you understand why you can't stop trading, even when it makes no sense?
'Do you feel dissatisfied even when you have increased your balance because you feel like you could earn more?
'Do thoughts about money never leave you?
'Can't you go to bed until you earn at least some money?
'It seems to you that you are doing everything right, but in real life there is no more money?
'Are you no longer afraid to take risks and are thinking in the “all or nothing” category?
I will give answers to these and many other questions in a series of publications on the topic “player psychology or how to defeat yourself”
I will share my experience in the field of gambling, trading and psychology, so that you can avoid mistakes that can be easily avoided if you follow certain rules and work on yourself.
$BTC went to the bottom? How to behave in this situation?
Friends, if you have not read my series of articles about #HalvingBTC , then you are not aware of the fact that I have repeatedly warned that #HalvingBTC is very likely to bring us a price drop, not an increase.
Why is this happening ?
Because the market was overheated with expectations and all potential growth was already included in the price.
Moreover, as I always say, there cannot be many winners in this market and each entry into a new round will cut the ground from under the feet of impatient and weak players
#BTC will definitely increase in price, but before that it will drop significantly, possibly below 20,000
It will take time to recover, so evaluate your income and losses and understand whether it is acceptable for you to wait.
And if you need help with support and development of an individual program on trading psychology, then I will be happy to help you. The way to contact me is in my profile.
Using Google Cloud's Vertex AI platform, Spot On Chain analysts developed price forecasts for $BTC for 2024-2025.
In the context of short-term prospects, experts expect that during May-July the price of the first cryptocurrency will remain in the range of $56,000-70,000. This period is characterized by increased volatility. The probability of falling below $60,000 is 48%.
In the second half of 2024, analysts expect increased price movement. With a 63% probability, Bitcoin will rise to $100,000.
Do you believe in predictions from artificial intelligence?
Several very influential financial analysts claim that the price of #Bitcoin will not rise after #HalvingTime since the cost of this event is already included in the price for today
What do I think about this? Firstly, my opinion, as always, is unchanged; you should not rely too much on the opinions of experts. You can take into account the forecasts of others, but you should not make them the main part of your strategy.
Secondly, despite what is written above, I am of the same opinion. And it is based not on graphs, statistics or mathematics, but on an understanding of psychology, marketing and media. Over the past few months, the market has been fueled by news about #halvingbitcoin so much that it seemed that a nuclear fusion reaction was about to start from such a temperature. The cryptocurrency market lives on news, but even for him, it was too much. Inflated expectations quickly accelerated the price, and it seems to me that the effect of #Halving! occurred long before #HalvingBTC Does this mean that we are in for an immediate fall? Not necessarily, but it will happen 100% the market is cyclical and so it was and so it will be
The poor get poorer and the rich get richer, that's how it works
#HalvingTime Already here. And while we are all waiting to see which direction the price $BTC will go, I suggest we remember the basics.
Here are the main points I would like to highlight
Education: Study the cryptocurrency market, basic principles of trading, analysis and risk management
Strategy Development: Determine your goals, trading style and money management strategy
Portfolio Diversity: Spread your investments among different cryptocurrencies to reduce risks
Risk Management: Set stop losses and rewards in advance to minimize losses and protect profits.
Trading Practice: Start by trading on a demo account before risking real funds if you are a beginner
Follow the News: Stay up to date with the latest developments and news in the world of cryptocurrencies that may affect the market
Self-discipline: Try to follow your trading strategy and not get emotional. Control over emotions will allow you to avoid impulsive trading and losses associated with it
Remember, we can't control the market, but we can control our actions
USDt launches on TON to offer Telegram’s 900M users access to cross-border payments
TL;DR: ▪️ Tether’s USDt is now available on TON, coming in a new experience for Tether aimed at making cross-border payments faster, cheaper, and easier for Telegram's 900M users. ▪️ TON Foundation offers 11M Toncoin in incentives, aiming to put crypto in every pocket.
Pavel Durov, CEO & Founder of Telegram, Paolo Ardoino, CEO of Tether, and Andrew Rogozov, CEO of TOP & Wallet, announced today at TOKEN2049 in Dubai that Tether, in collaboration with TON Foundation, has launched USDt on TON.
Why do we worry when the price of BTC falls and how to deal with it?
Let's first figure out why it hurts us so much to lose money? Because for many people, money represents stability, security and opportunity. Losing money can cause feelings of vulnerability, stress and anxiety due to the loss of resources that we consider important to our well-being.
Friends, I have been warning you in my posts for 2 weeks now that #HalvingBTC will most likely bring us completely different results than you expect.
#Bitcoin will live, and with almost 100% probability we can say that the price record will be broken, but this will not happen now, not tomorrow, and not even 150 days after #HalvingTime , as “experts” claim
As I have said many times, there will never be many winners in this market and most of the players will either never withdraw money, expecting ever greater profits, or will lose it altogether as a result of unsuccessful trading, investing it in $SAGA $XRP and the like. ..
Friends. Measure, patience, adequate expectations and control over emotions are the key to success. Everything else is secondary.
Upcoming events in the world of cryptocurrency. What awaits us? Growth or decline?
Today the conference #Token2049 began, at which the most famous people from the world #Blochain will share their opinions on the future of technology. And some of them promise to announce projects that will change the industry forever.
In addition, the next one should take place on the 19th-20th #HalvingTime $BTC
So many events packed into several days must necessarily affect price dynamics. The only question is, how exactly?
Some financial analysts believe that the market is overheated with expectations and all these events are already included in the inflated prices of major cryptocurrencies, which means that we will face an inevitable fall.
Others are more optimistic and argue that this is the start of growth, which will lead to a price of $BTC 150,000
Whatever point of view you adhere to, remember that you should not bet all your chips and money on one event, keep in mind the possibility that the situation can change in both directions.
Control your emotions. And if you need help with this, I'm always happy to help. Contact me on my profile
Shares of the largest mining companies are showing a sharp decline in prices as the halving in the Bitcoin network approaches, following which on April 20 the reward for mining blocks and the volume of new coins entering circulation will be halved. Thus, the securities of Marathon Digital (MARA) and Riot Platforms (RIOT) have fallen in price by 16 and 17%, respectively, over the past five days. Investment firm Valkyrie's WGMI exchange-traded fund (ETF), which tracks miners, fell 11.2% over the same period, according to TradingView.
While everyone is waiting for the listing to start, coin #OMNICOIN has managed to rise to almost 9 USD over the past few hours and drop to 6, more than once.
I wonder what starting price they will show us at the time of listing at #binance and at what real price we can buy this coin?
In any case, remember what I always say.
Emotions are under control and you should not have high expectations for the listing. After all, we all know what scenario everything will go according to, don’t we? Haven't we seen this countless times?
Pavel Durov, founder of the Telegram messenger, announced the imminent release of his interview with American journalist Tucker Carlson
The interview will be released in video format, which Pavel has not given for almost 10 years.
What won’t you do to promote your project🤔
Team #TON continues to attract attention in every possible way
It’s very interesting what they will announce to us at the next conference in 2 days
And how will this affect the price of their coin and the industry as a whole. Knowing the approach of these guys to work, I personally feel optimistic about the future of their project
And also, I would like to hope that a full listing on #binance will also take place in the near future
$BTC It’s running out, soon it will be out of stock!
The preference of Bitcoin holders to view the asset as a long-term investment reduces the available supply of coins for trading. Over the next nine months, cryptocurrency exchanges will exhaust their reserves of BTC, analysts at CryptoQuant predict. The total available reserves of cryptocurrency exchanges in Bitcoin decreased by more than 800,000 BTC and reached the lowest level in the entire history of two-year observations. As of April 16, available exchange reserves amount to about 2 million BTC.
The results of calculations using the Stock-to-Flow (S2F) model, which demonstrates the ratio of the use of an asset to its reserves, show that after halving, Bitcoin’s S2F ratio will reach 112 points. This is almost double the S2F for gold (60 points). Thus, by January 2025, the first cryptocurrency will become a scarcer commodity than the most popular precious metal.
It is as if they are hinting to us that with #Bitcoin what happens with any scarce product will happen - it will greatly increase in price.
Or maybe this is a sign that soon all the hamsters will suffer terrible disappointment at once?
What do you think? Interested to hear your opinion
$ENA $TAO $SAGA All new coins lose value. Maybe it's better to get rid of them before it's too late?
Some traders invest money in new projects, hoping that after listing they will instantly grow. However, as practice shows, this happens extremely rarely and before they grow (which does not always happen), new coins first lose a lot in value
You should have been prepared for such a development of events by investing in risky projects.
Moreover, now, in a market that is overflowing with expectations, facing #HalvingTime there is a huge probability that the market will not go in the direction we would like
I do not give advice to sell or buy, I only suggest that you evaluate the situation and make a decision based on your strategy and logic, and not on emotions.
In any case, while #BTC is falling, all other coins will fall even more.
So emotions aside, if you need help with self-control, then contact me, I will be happy to help you
Participants in the crypto community are discussing the prospects for further movement of $BTC in the current conditions. The head of the analytical platform CryptoQuant, Ki Yong Ju, drew the attention of subscribers to the stagnation in the spot Bitcoin ETF market.
Ki Yong Ju noted that, despite the stagnation in the spot Bitcoin ETF market, on-chain accumulation of cryptocurrencies is showing positive dynamics.
At the same time. Analyst Willy Wu believes that the launch of trading in the United States could bring the rate of #Bitcoin to $650 thousand. In his opinion, as the market for spot Bitcoin ETFs grows, the cryptocurrency will be able to surpass gold in capitalization.
The latest analysts are preparing us for the incredible future that is about to come.
We are fueled by news and expert opinions. Everything in the market indicates that now is the time to buy
However, I suggest you take a deep breath and think carefully about the situation and your further actions because they can cost you very dearly.
And if you need help controlling your emotions, then I will be happy to help
The developers of the blockchain The Open Network (TON) #TON plan to reduce transaction costs for users, and in the new contract for USDT allow payment of commissions directly in the stablecoin from Tether. This was reported by the DeCenter Telegram channel.
This information was not published in the official TON channels. However, the project roadmap announced the addition of payment channels that will allow two participants to make an unlimited number of instant micropayments without fees. You will only be charged for creating and closing a channel.
A post dedicated to reducing transaction costs also appeared in the TON developer chat on April 16.
All details will be announced at the Token2049 conference in Dubai. At it, Pavel Durov will present “the first, real and valuable scenario for using TON, which will be available to all 900 million active Telegram users.”
The audience's interest continues to be stirred up. Let's see what this leads to and how it affects the price
Today one of my clients contacted me with the following request:
“I bought #Bitcoin at 32.000 and planned to earn +20% on this, now it’s already x2, I understand that it is logical to cash out the income, but I’m afraid that it will grow very much after #HalvingTime and I will regret it”
I asked him just one question.
“Do you think that x2 income is not enough to make you satisfied?”
After which we started a conversation in which he agreed that it is better to earn x2 now than to get caught in an arb with two outcomes, one of which is a possible strong drawdown#BTC and entering a new circle lasting for months
Is it the right decision to sell cryptocurrency now? Don't think in terms of "right and wrong"
Much more important is to assess the possible consequences of your actions and inactions, based on your strategy and entry points that you made