future trading and fundamental analysis have nothing in common.
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Amjad Ali
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a few months ago i was so many dollers for trading but now i don't have even a single doller for spot trade instead future my big mistake was 6 positions with high leverage 40X 50x 125 😥 so always set stoploss with in ur every trade and select ur project wisely with strong fundamental analysis.... other wise u will be liquadated like me ......
opening a 50x position on a market like this, funny you aint liquidated long time ago. dont go over 5x even in your wildest dreams. greed is tempting but that will not work. period
In regards to my previous long BTC post. This is why you close 90% of position and let 10% run with sl at break even. If you followed the trade, while we locked profits, those 10 percent we let run just doubled our profit on this trade.
protect capital, but trading needs some flexibility to maximize gains. I find this close 90 let 10 percent run strategy rather nifty.
still waiting on btc short entry. maybe it doesnt come. but we are back on upside generally, so lets just see how this pans out.
still waiting for entry on last post. btc never retraced down into our range, but stayed inside our bigger tf idea. We should get an entry opportunity today. keep calm
after quick long scalp,now we short the bitcoin 4xlvg wait formfor it from higher prices to enter range entry 96.900 - 97.100 stop loss 97.500 tp 96.300
This is pure speculation when it comes to exact numbers but i reckon we'll visit 98-99k before further downfall, as stated earlier. Chart is too conspicuous.
market seems to be a bear trap in the making inside a larger bull trap. I reckon volatility hittimg in next 12 hrs. strong wick up, then way down further to wick out the overleveraged longs and after that we should be reversing again.
seems too straight n uptrwnd on 15min with a lot of small fake entries for shorts on smaller tf
this is pure bs. how does one even come up with these ideas. after every drop there is bs like this.
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Cryptour
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📢📢📢 The crypto market crash on December 9, 2024, was caused by Few MAJOR converging factors: 🩸🩸Royal Government of Bhutan sold a total of 406 Bitcoins from its treasury, worth $40 million, as the $BTC price attempts a break to new all-time highs.
🛑1.Excessive Leverage and Liquidations: Over $1.7 billion in leveraged positions were liquidated within 24 hours, with Bitcoin dropping below $94,000 and Ethereum falling by 8%. This triggered a domino effect across the market, as both long and short positions were forced to close, exacerbating the sell-off 🧮2.Quantum Computing Fears: Google’s announcement of its advanced “Willow” quantum chip raised concerns about potential threats to cryptocurrency security. Though not an immediate issue, some traders speculated about vulnerabilities in cryptographic defenses, leading to market uncertainty 💰3.Government Bitcoin Sales: Bhutan’s government moved a significant amount of Bitcoin to exchanges, fueling fears of increased supply and further price drops. This mirrored earlier moves that had pressured Bitcoin prices 🚀4.General Market Trends: Broader market corrections tied to pre-halving cycles also played a role. Historically, Bitcoin experiences retraces and re-accumulation phases before halving events, aligning with patterns seen in this downturn. These combined factors created a perfect storm, leading to the sharp decline. $ETH $BNB #BURNGMT #BinanceMEOpening
By observing patterns, i'd say we are in for at least 48 hrs more.We are now entering last phase - create supp line,volatile fake out of it to shake leverage then parabolic.
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CRYPTO MECHANIC
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So yesterday was the bottom? if it was the bottom why market isn't recovering fast?
These dips liquidate so many traders People get scared to buy.
They don't have the confidence to get into such sharp dips. This is why it takes time to recover. It will take time to move back up. May start to consolidate 10-15% above the bottom tick for some time.
Rest assured no one knows where the exact bottom will be so just be ready for every market situation.
my boy, you didnt give us anything but copy n paste articles...
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Tracer
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Message to fellow squarers Binance square is a little bit f**d up.
I see a lot of people here expect others to give em singals for entry and exit which are horrendous in my opinion, things like entry at $2 with 50x, SL on 1.5. My guy, you gettin liquidated waaay before that. People dont think.
Then there's the '100x gems fellas' shilling screenshots of other peoples wallet, promising airdrops for likes and shares. These folks share like 20 cryptos a day, calling projects with 50B MC next 100x. Ridiculous.
Then the 'beggars'. For me that is like new low. If you were real hungry youd be beggin food on the street, not writing on your iphones on a couch. If you know, you know what im talkimg about. 'Sir wen send tip plz very poor family hangry.' No my guy, no.
And in every 2nd comment people cry and beg how they loose everything. Nobody made you do it. Its your will and greed.
Take it like a man, either quit entirely or learn goddamn strategies and risk management and take a shot at it again. I lost everything twice before I managed to change my mindset and results. You are not born with special talent for trading. You learn it, you apply it, you repeat it over n over n over again, and then you have profits. ( extra tip, dca back into spot part of profits and move to cold wallet for hodling )
I will end with this. If you are not profitable in trading buy in spot and hold. Set TP at like 2, 5 or 10x and alarms at those prices. Dont open Binance ever until alarm. Gauge timing and repeat.
If you do wanna trade,stop everything you're doing. Go back to paper trading, and do 500 manual trades with your strategies, and target 1% SL or 2% TP at MAX 3X lvrg.
If you complete 500 paper trades, and youre in profit you can move to real trades but with MINIMAL amount of money, ie use 20-50% in trade keep 50-80% as reserve. You know your strategy now, you know it works over xy trades eventually and you have no stress, no larges fees like at 50x, and you have more time to adjust and enter your trades.
Still waiting on $TURBO and $HONK to get to Binance. Things would yeet from there.
Bettin on $AGIX , $GRT and $VANRY this month. Well see what nVidia gives us. Narrative is good but these things need results as well if big money is to follow.
Sold BNB in 21 and never bought again, big regret, dat ting go up like 2k bare minimum fam. Easy peas.
Funnily tho, I wanted my mother to own some crypto so i bought her some $1k dollars in BTC and $2k BNB past year at like 30ish K and 220 respectively. This week i find her booking some profits and doing DCA into mid and lowcaps, asking what is memecoin🤭😁 For me funniest sh** ever and im so proud. They grow up so fast.😁
Example i hold $ARKM from 0.5 ( had opportunity to enter even lower but I was ignorant ) withput taking profits and refuse to sell any before 30 mark. Why? Becausw they already got a product. Its a good product. It works. Its used. Its easy to use. Gives knowledge. Trading logic ✅
Waiting for alts to go skrrrt quickly so yall FOMO at higher prices and become liquidity so they may pump BTC/ETH again. Then you follow FOMO into buying BTC over previous ath because moon degens will say at 80k BTC going to million. Then they cash a bit of pure sweet profit and repeat the cycle.
Jupiter and Raydium seems very very interesting because of accessibility of traded tokens but I fear implosions of such dexes. Its all good and rosy until a hack occurs or ting go down not vertical cuz of crash fam. My fears on subject but im a paranoid so yeah.
I cut off that challemge cuz its a pasttime and i had no time for that trivia. But we still going.
We came a long way from a hundred dollara one might say. But still even longer way to traverse to our target.
So far we've been lucky to only trigger SL once and couple of breakevens. Your boy is on fire I might say. But the losing streak is alwqys arouns the corner.
Follow me, dont need no tips but do show some love for what Im trying to do here :)
Feel free to give me some input whenever you seem necessary
After our last trade on $HIFI went against our favor, price hit our moved stop loss... Altough at the last post we were up 120 buckaroos, we only managed to squeeze 70ish.
So our account stands tall at 360ish, tbh I never thought we get this far, I was sure we were gonna die on trades and 2...
Now your bagger is in a new position, LONG on CRV, ive been eyeing a rebound into 0.55 area and managed to catch it.
We've used 8x LVG to enter at a price of 0.524, SL has been placed on 0.5. Nice round number and has shown some resistance before.
Our TP 1 is 50% at 0.6, as we move our SL to 0.53 TP 2 would be dynamic and if this goes the way I imagine it, I will slowly sell off and move SLs toward 0.8. I intend to, in that case, save 10% for a possible break above 1.
At the time of writing, we up 28%.
Keep in mind, due to my trading skills and posting timing, DO NOT, I REPEAT, DO NOT copy trades I post here. Im just documenting my journey, not giving signals.
#Hello again! I havent posted for a couple of days, as we were rolling slowly on 4x, but we gettin there!
We started last week with 100 dollars, ended the yolo spree with 242 dollars in total. I have since entered a LONG position on HIFI, as you can see we are up, 120ish dollars in unrealized PNL.
Now smart thing now would be to take it. But we are not here to be smart, arent we? Greed is the devil's meadow...
Anyhow, seeing how we are trying to get from a 100 to a 100k, we need some big hits. Now Ive been eyeballin that hifi , and Im bullish im thinking like 2.4-2.8 range boom, which could position us at a couple k profit, and would fastforward our challenge by months.