Ana Cecília G B Meira
@Square-Creator-5e08b0235cf3
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Make mistakes, but make mistakes fast
In the face of the market crash, I withdrew my investments, a total loss of R$49.23.
Every time I opened the app I saw that I was losing more and I still don't have an emergency fund, so I decided to withdraw my investments so as not to lose everything.
In the end, I only lost my profits. And I learned a great lesson: “the cryptocurrency market requires 3 things from us:
1. An emergency fund (so you don't fall into the temptation of withdrawing your high-risk investments);
2. A strategy to know how to deal with times of crisis and lose little money;
3. Be aware of the risks and know how to anticipate losses to act strategically.
#ETH
#btc #solana
In the face of the market crash, I withdrew my investments, a total loss of R$49.23.
Every time I opened the app I saw that I was losing more and I still don't have an emergency fund, so I decided to withdraw my investments so as not to lose everything.
In the end, I only lost my profits. And I learned a great lesson: “the cryptocurrency market requires 3 things from us:
1. An emergency fund (so you don't fall into the temptation of withdrawing your high-risk investments);
2. A strategy to know how to deal with times of crisis and lose little money;
3. Be aware of the risks and know how to anticipate losses to act strategically.
#ETH
#btc #solana
See original
I have the same income with R$$ 300 invested, I thought it was little due to my investment value... but apparently that's how it is.
Guys, am I looking at the earn right? I have a little over 7k in reais and it's earning me R$0.20 per day more or less, is that really peanuts? 🙈
#Earncommissions
$BTC $SOL
#Earncommissions
$BTC $SOL
See original
With 300 reais I can already earn R$ 1 per day, I think it's a matter of strategy...
Guys, am I looking at the earn right? I have a little over 7k in reais and it's earning me R$0.20 per day more or less, is that really peanuts? 🙈
#Earncommissions
$BTC $SOL
#Earncommissions
$BTC $SOL
👏🏻
Turning $60 into $1K in 7 days
How Beginners Can Turn $60 Into $1,000 In 7 Days Using 5 Minute Candlestick Patterns.
For beginners in trading, understanding and mastering candlestick patterns is a decisive step towards growing small investments.
By leveraging effective 5-minute candlestick patterns and combining them with solid risk management, traders can uncover high-quality opportunities and potentially achieve impressive results.
Here's a guide to help you turn a modest $60 into $1,000 in just 7 days.
For beginners in trading, understanding and mastering candlestick patterns is a decisive step towards growing small investments.
By leveraging effective 5-minute candlestick patterns and combining them with solid risk management, traders can uncover high-quality opportunities and potentially achieve impressive results.
Here's a guide to help you turn a modest $60 into $1,000 in just 7 days.
🙌🏻
How to reduce loss in conversions?
There is no way to avoid fees. However, it is possible to negotiate at much lower brokerage fees. There is also the smart method of converting Fiat only at the right time, the time that is most convenient for you.
Let's give an example that I just saw here.
Buy Bitcoin with Real.
“One day you have R$1000 and decide to buy some Bitcoins, make a trade and withdraw the results.” Ok? That’s the example.
Convert Fiat BRL to BNB when BNB is low.
Trade Bitcoin with BNB pair.
Let's give an example that I just saw here.
Buy Bitcoin with Real.
“One day you have R$1000 and decide to buy some Bitcoins, make a trade and withdraw the results.” Ok? That’s the example.
Convert Fiat BRL to BNB when BNB is low.
Trade Bitcoin with BNB pair.
🙌🏻
• The market is simpler than you think. If you do the basics (which work), you will profit more than those who hunt for trades every day.
• Do DCA in Dollars (Average Price).
• Do DCA in the cryptocurrencies you chose to invest in (Average Price).
• Make sure you chose good projects.
• Understand which are the strong narratives for this cycle (In my opinion, the key narratives are: RWA, IA, MEMECOIN, DEFI, some DEX and some BLOCKCHAINS).
• Stop inventing trends. If you don't understand anything about futures markets, keep buying SPOT. Futures don't offer a future for inexperienced traders.
• Did the cryptocurrency correct or retreat? Don't sell at a loss. If you have money to invest more, continue with the DCA strategy (Average Price). Don't have more to invest during this decline? Just watch the market and let it make its own move. Do the same with the Dollar.
• Be patient, the market moves in waves. No currency will give you 10x, 20x, 30x or 50x in a straight line!
• The market will always give you opportunities, don't be greedy. Don't be hunting for trades or getting out of currencies all the time, as this will make you miss out on big gains.
• Declines, corrections and fluctuations are normal. Get this into your head! Do the basics well and you will see your portfolio appreciate over time.
• Do DCA in Dollars (Average Price).
• Do DCA in the cryptocurrencies you chose to invest in (Average Price).
• Make sure you chose good projects.
• Understand which are the strong narratives for this cycle (In my opinion, the key narratives are: RWA, IA, MEMECOIN, DEFI, some DEX and some BLOCKCHAINS).
• Stop inventing trends. If you don't understand anything about futures markets, keep buying SPOT. Futures don't offer a future for inexperienced traders.
• Did the cryptocurrency correct or retreat? Don't sell at a loss. If you have money to invest more, continue with the DCA strategy (Average Price). Don't have more to invest during this decline? Just watch the market and let it make its own move. Do the same with the Dollar.
• Be patient, the market moves in waves. No currency will give you 10x, 20x, 30x or 50x in a straight line!
• The market will always give you opportunities, don't be greedy. Don't be hunting for trades or getting out of currencies all the time, as this will make you miss out on big gains.
• Declines, corrections and fluctuations are normal. Get this into your head! Do the basics well and you will see your portfolio appreciate over time.
🙌🏻
THE MOST VALUABLE LESSON I LEARNED IN THE CRYPTO MARKET:
• Patience usually pays off very well. If you don't have patience with the market or the altcoins you're positioned in, you'll most likely only serve as liquidity.
• If you continue to despair every time the market corrects and take a loss because you don't have the patience to let the market make its move, you'll lose a part of your crypto assets. You'll literally leave your money on the table. You'll most likely have to pay a toll to get back to those same coins you got rid of in desperation when they start to soar again.
• Drops are opportunities to improve the average price or buy more tokens of that asset you like.
• Crises and panic are nothing more than wealth changing hands. Are you sure you want to leave your money on the table? Think carefully before taking a loss, because once you sell at a loss, you're accepting that loss.
• Drops and price fluctuations do not mean a loss. It's only a loss if you make a loss.
• Beware of supposed crypto mentors and supposed senior traders, most of them have no basis whatsoever for what they say. Learn from this: not everyone wants to see you prosper. If you're a newbie, you've probably despaired at some point after reading a post on Binance Square. Obviously, there are experienced people trying to convey their market vision, but there are many people who post even without having the slightest knowledge of the market, leading many people to despair and get rid of their crypto assets.
• Keep your eyes open. This market is alive!
• Patience usually pays off very well. If you don't have patience with the market or the altcoins you're positioned in, you'll most likely only serve as liquidity.
• If you continue to despair every time the market corrects and take a loss because you don't have the patience to let the market make its move, you'll lose a part of your crypto assets. You'll literally leave your money on the table. You'll most likely have to pay a toll to get back to those same coins you got rid of in desperation when they start to soar again.
• Drops are opportunities to improve the average price or buy more tokens of that asset you like.
• Crises and panic are nothing more than wealth changing hands. Are you sure you want to leave your money on the table? Think carefully before taking a loss, because once you sell at a loss, you're accepting that loss.
• Drops and price fluctuations do not mean a loss. It's only a loss if you make a loss.
• Beware of supposed crypto mentors and supposed senior traders, most of them have no basis whatsoever for what they say. Learn from this: not everyone wants to see you prosper. If you're a newbie, you've probably despaired at some point after reading a post on Binance Square. Obviously, there are experienced people trying to convey their market vision, but there are many people who post even without having the slightest knowledge of the market, leading many people to despair and get rid of their crypto assets.
• Keep your eyes open. This market is alive!
👏🏻
Trading Psychology: When to Accept That That Train Has Already Left
Suddenly, a chart shows that a coin you were thinking of investing in has shot up. Two green elephant candles confirm it, and one has the illusion that they are going to the clouds. Another candle is forming and it is also green. The instinct screams at you that it is better to get on that train now! You hurry to buy before the price goes up more and every penny seems precious...
But, as soon as you buy, putting all your hopes in that sublime moment of having entered the club of the big green candles, the price starts to fall, the candle turns red, and you begin to see how the dream of winning fades away. What was the mistake?
But, as soon as you buy, putting all your hopes in that sublime moment of having entered the club of the big green candles, the price starts to fall, the candle turns red, and you begin to see how the dream of winning fades away. What was the mistake?
👏🏻👏🏻👏🏻
🔥 WHICH COIN WILL BOOM IN 15 minutes?
How to identify a coin that will boom in the next 15 minutes in two steps.
If you are just starting out, finding coins that are likely to rise in the next 15 minutes to 1 hour can be challenging, but with the right strategy, you can increase your chances of success.
This approach is designed for spot trading and works best for quick trades.
Step 1: Identify the right currency 🚀
Open#Binanceand go to the Markets section.
Divide your investment into three equal parts.
If you are just starting out, finding coins that are likely to rise in the next 15 minutes to 1 hour can be challenging, but with the right strategy, you can increase your chances of success.
This approach is designed for spot trading and works best for quick trades.
Step 1: Identify the right currency 🚀
Open#Binanceand go to the Markets section.
Divide your investment into three equal parts.
See original
Focus on more consolidated coins, meme coins are bets…
This is my wallet, do you think I can do well in 2025?
See original
I wouldn't invest in memecoins
I just started, could you more experienced people evaluate and tell me if my portfolio is good or not? And could you give me suggestions please 🤝🏻#BtcNewHolder
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How do you know if an APR (Annual Percentage Rate) on cryptocurrencies is good?
This will depend on several factors, such as:
1. Comparison with the Market
- Compare the offered APR with average rates from other similar platforms or projects.
- Very high rates may indicate greater risk or potential fraud.
2. Risks Involved
- Trusted platform: Make sure the exchange or protocol offering the APR is safe and legitimate.
- Currency volatility: Even a high APR may not compensate for losses in cryptocurrency value due to its volatility.
1. Comparison with the Market
- Compare the offered APR with average rates from other similar platforms or projects.
- Very high rates may indicate greater risk or potential fraud.
2. Risks Involved
- Trusted platform: Make sure the exchange or protocol offering the APR is safe and legitimate.
- Currency volatility: Even a high APR may not compensate for losses in cryptocurrency value due to its volatility.
See original
Three important steps for those who have just started investing in cryptocurrencies:
1. Study the market:
- Before investing, study the basics of cryptocurrencies, blockchain, and how exchanges and digital wallets work.
- Research the main cryptocurrencies, such as Bitcoin (BTC) and Ethereum (ETH), as well as smaller projects. Evaluate the history, purpose, and use of these currencies.
- Be aware of the risks and volatility of the market.
2. Choose a reliable exchange and create an account:
- Select a reliable and secure trading platform that has good reviews and offers customer support.
- Check the costs, such as transaction and withdrawal fees, and the variety of cryptocurrencies available.
- Complete the identity verification required by the platform to ensure the security of the account.
3. Define a budget and investment strategy:
- Invest only what you can afford to lose, due to the high volatility of the market. - Set clear goals (short, medium or long term) and define the initial amount to be invested.
- Consider strategies such as DCA (Dollar-Cost Averaging), which consists of investing fixed amounts regularly, reducing the impact of volatility.
These steps will help you start more safely and avoid common silly mistakes at the beginning.
#TopCoinsSeptember2024 #BtcNewHolder ##
1. Study the market:
- Before investing, study the basics of cryptocurrencies, blockchain, and how exchanges and digital wallets work.
- Research the main cryptocurrencies, such as Bitcoin (BTC) and Ethereum (ETH), as well as smaller projects. Evaluate the history, purpose, and use of these currencies.
- Be aware of the risks and volatility of the market.
2. Choose a reliable exchange and create an account:
- Select a reliable and secure trading platform that has good reviews and offers customer support.
- Check the costs, such as transaction and withdrawal fees, and the variety of cryptocurrencies available.
- Complete the identity verification required by the platform to ensure the security of the account.
3. Define a budget and investment strategy:
- Invest only what you can afford to lose, due to the high volatility of the market. - Set clear goals (short, medium or long term) and define the initial amount to be invested.
- Consider strategies such as DCA (Dollar-Cost Averaging), which consists of investing fixed amounts regularly, reducing the impact of volatility.
These steps will help you start more safely and avoid common silly mistakes at the beginning.
#TopCoinsSeptember2024 #BtcNewHolder ##
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Hello, I have just started investing, and I am still studying and learning by doing.
I welcome tips and suggestions:
I welcome tips and suggestions:
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