Episode-1-How we are going to turn 100$ into 300$ in next 24 hours? #mtl
We are going to trade in MTL coin.
1. Step 1 - Investment Plan:Allocate 60% of your capital, which is $60, for trading MTL coin.
2. Step 2 - Leverage Application:Apply 20x leverage to control a larger position with your $60 investment.
3. Step 3 - Target Price:Set a target price of $1.92 for the MTL coin as your goal.
4. Step 4 - Execute the Trade:Execute your trade based on your strategy, aiming to turn your $60 investment into $300 when the coin reaches the target price.
5. Step 5 - Risk Management:Be cautious with leverage; recognize that while it can amplify gains, it also increases the potential for losses. Trade wisely and make informed decisions to manage risks effectively.
1. Patience is Key:Trading isn't a one-day game; it's like nurturing a business—allow it to grow steadily.
2. Consistency Over Quick Wins:Avoid the urge to win big in a single day; it's about maintaining a consistent approach.
3. Size Your Trades Sensibly:With $100, allocate $10 per trade; this keeps your risk manageable and sustainable.
4. Diversify, Don't Overtrade:Open 4-6 trades daily to spread risk, but never overextend yourself.
5. Stop Loss and Cross Margin:Always use stop loss orders and consider cross margin to safeguard your investments; poor money management, not money, leads to losses. #etf #xrp #BTC $XRP $BTC
BlackRock, the world's largest asset manager, has filed a trademark application for a ticker symbol "IBTC," which could stand for "institutional Bitcoin." This news was initially seen as a bullish sign for Bitcoin, as it suggested that BlackRock was preparing to offer Bitcoin investment products to its clients. However, the euphoria around this news has since faded out, as there is no indication that BlackRock is actually planning to launch any Bitcoin products in the near future.
## Prescient Bitcoin Whale Moves $244M in BTC to Crypto Exchange
A large Bitcoin whale has moved $244 million worth of BTC to a cryptocurrency exchange. This move could be a sign that the whale is preparing to sell their BTC, which could put downward pressure on the price of Bitcoin.
## Celestia's TIA Airdrop Hype Wanes as Blockchain Struggles to Gain Users
Celestia, a new blockchain that is designed to be interoperable with other blockchains, has struggled to gain users since its launch. This lack of adoption could lead to a decline in interest in Celestia's native token, CEL, which could also have a negative impact on the price of Bitcoin.
## Voyager Token Jumps 20% as $7.3M VGX Sent to Burn Address
The price of Voyager Token (VGX) has jumped 20% after $7.3 million worth of VGX was sent to a burn address. This burn could reduce the supply of VGX, which could lead to an increase in price.
## Crypto Trader Avi Eisenberg's $110M Fraud Trial Delayed Until April 2024
The trial of Avi Eisenberg, a crypto trader who is accused of defrauding investors out of $110 million, has been delayed until April 2024. This delay could prolong the uncertainty surrounding this case, which could have a negative impact on the price of Bitcoin. #etf #xrp #BTC $BTC $XRP $USDC
How to make INR 5000 daily by investing INR 50,000
To make INR 5000 daily by investing INR 50,000, you will need to generate a daily return of 10%. Here is a possible breakdown:
1. Choose the right trading pair. 2. Use leverage carefully, starting with 10x leverage. 3. Use technical indicators to identify trading opportunities, such as MACD, Volume, and RSI. 4. Follow the news to stay up-to-date on the latest developments. 5. Be patient and trade responsibly.
Here is an example of a trade setup:
* Enter a long position with 10x leverage if MACD line crosses above signal line, there is a spike in volume, and RSI is oversold. * If the price of Hive Steps increases by 10%, your profits will be multiplied by 10.
It is important to note that this is just an example and there is no guarantee of profits. Crypto futures trading is a very risky investment and you should only invest money that you can afford to lose.
Here are some additional tips:
* Do your research and start small. * Use stop-loss orders and take profits regularly.
Please trade carefully and responsibly. #etf #xrp #BTC $BTC $XRP
The tax system for Indians on investing in cryptocurrency is still evolving. However, there are some general guidelines that can be followed.
Capital gains tax
Any profits made from the sale of cryptocurrency are subject to capital gains tax. The rate of capital gains tax depends on the holding period of the cryptocurrency. If the cryptocurrency is held for less than one year, then short-term capital gains tax applies. This is taxed at the same rate as your ordinary income tax. If the cryptocurrency is held for more than one year, then long-term capital gains tax applies. This is taxed at a lower rate than short-term capital gains tax.
Losses
Any losses incurred from the sale of cryptocurrency can be offset against capital gains from other sources. This can help to reduce your overall tax liability.
Income tax
Any income earned from cryptocurrency, such as mining rewards or interest payments, is subject to income tax. This is taxed at the same rate as your ordinary income tax.
Gifting and inheritance
Any cryptocurrency that is gifted or inherited is subject to gift tax or inheritance tax, respectively. The rate of gift tax or inheritance tax depends on the value of the cryptocurrency and the relationship between the giver and the recipient.
Reporting
You are required to report all of your cryptocurrency transactions to the Indian government. This can be done through your annual income tax return.
New regulations
The Indian government is currently working on new regulations for cryptocurrency. These regulations are expected to be implemented in the near future. It is important to stay up-to-date on the latest regulations so that you can ensure that you are complying with the law.
Title: "Bitcoin Investment in India 🇮🇳: INR 5000 to INR 500 Daily! #CryptoInvestment #BitcoinIndia #EarnWithBitcoin"
Bitcoin, the global cryptocurrency sensation, offers Indians a thrilling investment opportunity. With just INR 5000, you can aim to earn INR 500 daily. Here's a concise guide to get you started:
1. Choose a Reliable Exchange: Pick a trusted Indian cryptocurrency exchange like #binance
2. Create an Account: Sign up, complete verification, and meet regulatory requirements.
3. Secure Your Investment: Use a hardware wallet for extra security, like #Ledger or #Trezor.
4. Buy Bitcoin: Invest your INR 5000, even if it's a fraction of a full Bitcoin.
5. Strategies: Consider #DayTrading, #SwingTrading, or #HODLing for potential returns.
Remember, Bitcoin is volatile, so be cautious and do your research. Consult with a financial advisor if needed. 🚀💰 #CryptocurrencyIndia #binance #BitcoinETFLaunch $BTC $ETH $BNB #etf