Mkxeey
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#TradingTales
How do people trade?
Until a few weeks ago, I was sure the cryptocurrency world was something where you buy a coin and sit with it for a long time maybe it will grow.
After I switched to Binance, I learned pretty fast to read a few market indicators( if you don't learn that, you will lose a lot).
My first ever big gain was with $OM - around 100$ invested I got in like 6 months 350$ (I was not using binance at that time), but yeah, I was lucky.
The second big gain was with $USUAL pre-market/ market - around 200$. After that I lost quite a bit because at, that time I would not try to read the coin i was investing in, i would just follow the trend so, i ended up buying high to sell low.
My advice for anyone new, is to learn the market, around what time people usually invest a lot, learn to read the market statistics and at what points is good to buy and sell and if you are unsure about things stay safe, don't buy. Not once did I see the buy mark on the screen just to see the coin drop a lot moments later.
I am still new and I still have a lot to learn.
I wish you all safe trading and a Merry Christmas.
How do people trade?
Until a few weeks ago, I was sure the cryptocurrency world was something where you buy a coin and sit with it for a long time maybe it will grow.
After I switched to Binance, I learned pretty fast to read a few market indicators( if you don't learn that, you will lose a lot).
My first ever big gain was with $OM - around 100$ invested I got in like 6 months 350$ (I was not using binance at that time), but yeah, I was lucky.
The second big gain was with $USUAL pre-market/ market - around 200$. After that I lost quite a bit because at, that time I would not try to read the coin i was investing in, i would just follow the trend so, i ended up buying high to sell low.
My advice for anyone new, is to learn the market, around what time people usually invest a lot, learn to read the market statistics and at what points is good to buy and sell and if you are unsure about things stay safe, don't buy. Not once did I see the buy mark on the screen just to see the coin drop a lot moments later.
I am still new and I still have a lot to learn.
I wish you all safe trading and a Merry Christmas.
You should read the charts; I know it does not say much, but yesterday, I was expecting growth in that area to happen in the next few days.
$USUAL just a rant, I'm frustrated because it's such a big hand of lettuce and sardines, I spent three days with money in the usual, at a loss, and injecting more with each drop, and this morning I read a post that it was going to drop even to 0.53, and that made me leave afraid of losing more, and then... it gave this pump today!!! omg how stupid I am! 😭 now I don't know if tomorrow it will continue, or if it will actually fall again
$OM #Advices
I could use some advice; a few months ago, I bought some OM on a different application/ wallet. Since I bought it, that app never had the option to sell the om, just other coins. Last week, I saw that the coins I had in that app wallet could not be seen( sol, om, xrp) pm, so I installed binance and transferred the wallet to the Web3 interface. Now I want to sell the OM coins, but no matter what I do, it says I don't have enough ETH for the gas fee or that I don't have enough TX allocation. Does the ETH have to be in my funding account, in my spot account, or on my Web 3 wallet that has the om coin?
I could use some advice; a few months ago, I bought some OM on a different application/ wallet. Since I bought it, that app never had the option to sell the om, just other coins. Last week, I saw that the coins I had in that app wallet could not be seen( sol, om, xrp) pm, so I installed binance and transferred the wallet to the Web3 interface. Now I want to sell the OM coins, but no matter what I do, it says I don't have enough ETH for the gas fee or that I don't have enough TX allocation. Does the ETH have to be in my funding account, in my spot account, or on my Web 3 wallet that has the om coin?
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Top 10 Altcoins for Explosive Growth in 2025 Q1: Strategic Approach for Tradersl
1. VeChain (VET)
Current Price: $0.050846
Future Prediction: Analysts suggest that VeChain could reach approximately $0.10 by the end of 2025, driven by increased adoption in supply chain solutions.
2. Cosmos (ATOM)
Current Price: $7.31
Future Prediction: With the growing importance of blockchain interoperability, Cosmos has the potential to reach $50 if it becomes the standard for cross-chain communication.
3. Algorand (ALGO)
Current Price: $0.413297
Future Prediction: As decentralized applications (dApps) gain traction, Algorand could see its price rise to between $5.00 and $8.00.
4. Harmony (ONE)
Current Price: $0.153154
Future Prediction: If Harmony's scalability solutions effectively capture a portion of Ethereum’s market share, its price could increase to between $0.50 and $0.80.
5. The Graph (GRT)
Current Price: $0.241454
Future Prediction: Leveraging growth in the DeFi and Web3 sectors, The Graph could see its price rise to between $3.00 and $5.00.
6. Elrond (EGLD)
Current Price: $38.15
Future Prediction: With increasing demand for fast, low-cost blockchain solutions, Elrond's price could surpass $200.
7. Fantom ()
Current Price: $0.838369
Future Prediction: As demand for DeFi continues to surge, Fantom's price could exceed $3.00.
8. Kusama ($KSM )
Current Price: $36.39
Future Prediction: Fueled by developments in the Polkadot ecosystem, Kusama's price could rise above $100.
9. Lisk ($LSK )
Current Price: $1.004
Future Prediction: As blockchain-as-a-service becomes mainstream, Lisk's price could reach $15.00.
10. Zilliqa ($ZIL )
Current Price: $0.02311077
Future Prediction: If sharding technology is widely adopted, Zilliqa's price could rise to between $0.30 and $0.50.
Trader’s Action Plan for Q1 2025:
Diversify Portfolio: Accumulate mid-cap altcoins like VeChain, Cosmos, and Algorand to leverage both short-term price swings and long-term growth.
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