Binance Square
LIVE
Yemin_eth
@yemineth
https://x.com/yemin_eth
Following
Followers
Liked
Shared
All Content
LIVE
--
Gm All #Binancian
Gm All #Binancian
3- Technical Analysis or Fundamental AnalysisAs we go step by step to evaluate our savings in the market, we now came to determine our buying and selling levels according to the game plan we will establish. There are 2 methods we can use for this in general terms; 1- Fundamental Analysis 2-Technical Analysis These analysis methods serve as a guide for us to reach our goals on the path to financial freedom. This week I will talk about what these guides are and how they can be used. Let’s start if you are ready 1- Fundamental Analysis: Fundamental analysis is a method that examines economic, financial and sectoral data to determine the true value of an asset (e.g. stock, currency pair, commodity, crypto) In order to learn fundamental analysis, it is very valuable to get an education from a competent person, but before that, you need to decide whether it is a suitable analysis method for you to do a research on what it is. Of course, there are some metrics you should pay attention to in fundamental analysis. Some criteria used in fundamental analysis; Macroeconomic Outlook: Before examining the instrument you will invest in, you should definitely look at the general economic outlook and see the big picture WhitePaper/Technical paper: You can learn about the purpose of the project, its objectives, the differences between it and its competitors, so that you can find an answer to the question of whether the project really produces a solution to a problem. Economic structure: The only thing that makes projects successful is not only that they really produce a solution to a problem. At the same time, while producing a solution, economic metrics must also be adjusted effectively. Ineffective token metrics can cause the project to fail, no matter how robust the project is. Team: In order for the project to be successful, it makes a serious difference that the Cv of the team is also solid. For this reason, what the team members have achieved is very valuable Investor: You can check who are investors, what those investors have invested in before, and whether their investments have brought profit or not. For example A16z, Sequoia etc. MarketCap: In order to get maximum efficiency from your investment in a project, investing in lower but promising projects instead of projects with high market value will provide more profit. Marketing: We can say that all the promotional activities of the team to announce the project in the market. Their activity on Twitter, the vitality of the community on discord / telegram, physical events, eliminating the question marks in the head with blog posts, etc. The fact that they attract people’s interest in the project with their works can create a reference for the project. 2- Technical Analysis: With Technical Analysis, the direction of future price movements is tried to be determined with the help of graphs and mathematical indicators reflecting past price changes. Prediction of the future market situation with technical analysis has an important place in developing trading strategies for investors in financial markets. Decisions are made on the time to start trading and the trading volume to be made based on the forecasts created through technical analyses. Price change forecasts help market traders to make sound decisions before trading. There are different methods used in technical analysis: Trend Following: Trends are very important in technical analysis. No matter which technical analysis method you use, the trend is your friend. Do not fight the trend, you will LOSE. Trend is your friends:) Patterns: Predicting the point where the price will go with various geometric structures formed on the price movement. OBO-TOBO, Dish, Symmetrical triangle, Channel etc. Indicators: Indicators developed based on price information are applied on price charts. Moving average, Rsi, Macd etc. Harmonic Patterns: 5-point reversal structures that include well-defined combinations of consecutive Fibonacci retracements and Fibonacci extensions on price movements, leaving less room for flexible interpretation. Fibonacci: A series of numbers obtained by adding each number with the number preceding it. The Fibonacci toole is drawn from left to right to the price movement. It is used in harmonic patterns and geometric patterns for find the target price. Important ratios; 0.382–0.5–0.618–0.786–1.272–1.618 Technical analysis and fundamental analysis do not give a clear conclusion about the instrument you will invest in, but only show you the point it can reach. Then it depends on the dynamics of the market. No method is the golden bowl. The important thing here is to choose the appropriate analysis method for ourselves and to make the most of the other method and to create our road map in a healthier way.

3- Technical Analysis or Fundamental Analysis

As we go step by step to evaluate our savings in the market, we now came to determine our buying and selling levels according to the game plan we will establish. There are 2 methods we can use for this in general terms; 1- Fundamental Analysis 2-Technical Analysis
These analysis methods serve as a guide for us to reach our goals on the path to financial freedom. This week I will talk about what these guides are and how they can be used. Let’s start if you are ready

1- Fundamental Analysis: Fundamental analysis is a method that examines economic, financial and sectoral data to determine the true value of an asset (e.g. stock, currency pair, commodity, crypto)
In order to learn fundamental analysis, it is very valuable to get an education from a competent person, but before that, you need to decide whether it is a suitable analysis method for you to do a research on what it is.
Of course, there are some metrics you should pay attention to in fundamental analysis. Some criteria used in fundamental analysis;

Macroeconomic Outlook: Before examining the instrument you will invest in, you should definitely look at the general economic outlook and see the big picture
WhitePaper/Technical paper: You can learn about the purpose of the project, its objectives, the differences between it and its competitors, so that you can find an answer to the question of whether the project really produces a solution to a problem.
Economic structure: The only thing that makes projects successful is not only that they really produce a solution to a problem. At the same time, while producing a solution, economic metrics must also be adjusted effectively. Ineffective token metrics can cause the project to fail, no matter how robust the project is.
Team: In order for the project to be successful, it makes a serious difference that the Cv of the team is also solid. For this reason, what the team members have achieved is very valuable
Investor: You can check who are investors, what those investors have invested in before, and whether their investments have brought profit or not. For example A16z, Sequoia etc.
MarketCap: In order to get maximum efficiency from your investment in a project, investing in lower but promising projects instead of projects with high market value will provide more profit.
Marketing: We can say that all the promotional activities of the team to announce the project in the market. Their activity on Twitter, the vitality of the community on discord / telegram, physical events, eliminating the question marks in the head with blog posts, etc. The fact that they attract people’s interest in the project with their works can create a reference for the project.

2- Technical Analysis: With Technical Analysis, the direction of future price movements is tried to be determined with the help of graphs and mathematical indicators reflecting past price changes. Prediction of the future market situation with technical analysis has an important place in developing trading strategies for investors in financial markets.
Decisions are made on the time to start trading and the trading volume to be made based on the forecasts created through technical analyses. Price change forecasts help market traders to make sound decisions before trading. There are different methods used in technical analysis:
Trend Following: Trends are very important in technical analysis. No matter which technical analysis method you use, the trend is your friend. Do not fight the trend, you will LOSE. Trend is your friends:)
Patterns: Predicting the point where the price will go with various geometric structures formed on the price movement. OBO-TOBO, Dish, Symmetrical triangle, Channel etc.
Indicators: Indicators developed based on price information are applied on price charts. Moving average, Rsi, Macd etc.
Harmonic Patterns: 5-point reversal structures that include well-defined combinations of consecutive Fibonacci retracements and Fibonacci extensions on price movements, leaving less room for flexible interpretation.
Fibonacci: A series of numbers obtained by adding each number with the number preceding it. The Fibonacci toole is drawn from left to right to the price movement. It is used in harmonic patterns and geometric patterns for find the target price. Important ratios; 0.382–0.5–0.618–0.786–1.272–1.618

Technical analysis and fundamental analysis do not give a clear conclusion about the instrument you will invest in, but only show you the point it can reach. Then it depends on the dynamics of the market. No method is the golden bowl. The important thing here is to choose the appropriate analysis method for ourselves and to make the most of the other method and to create our road map in a healthier way.
2- Basic FinanceHello everyone The subject of this week’s article is basic finance education, which is the 2nd item of my first article (https://medium.com/%40ataxbt/borsaya-ilk-ad%C4%B1m-77626f01c6f0). First of all, before utilising your money in the market, you need to discover yourself and then the market dynamics. For example, if you are going to make a long-term investment, you and the market should have a suitable structure. If you take an action that suits you but does not suit the market or vice versa, you will probably close the position at a loss. The market is a very comprehensive field and there is no limit to knowledge in this field. Financial instruments such as stocks, bonds, foreign exchange, commodities and derivatives are traded in these markets. In order to understand these instruments, there are some entry-level things we need to know: 1- Basic Finance Concepts: It is important to understand the basic concepts in financial markets. Understanding basic financial concepts such as stocks, bonds, interest rates, exchange rates, commodity prices, indices, price/earnings ratio (P/E), inflation, Gross Domestic Product (GDP) supports our investment decisions. 2- Market Types: Understanding the characteristics and functioning of different types of markets such as stocks, bonds, commodities, currencies, etc. helps us to determine our investment strategies. Each type of market has different risk and return profiles. 3- Interest Rates and Inflation: Economic factors, such as interest rates and inflation, affect investments. 4- Investment Instruments: It is important to recognise various investment instruments such as stocks, bonds, commodities, currencies, ETFs and funds and understand their risk-return profiles. 5- Fundamental and Technical Analysis: It is important to learn fundamental and technical analysis methods to understand financial markets. Fundamental analysis aims to value companies/projects by examining fundamental data and economic factors. Technical analysis aims to predict future price movements by examining past price and volume data. 6- Investment and Risk: It is important to understand the risks you may face when investing, diversify your portfolio and develop risk-reward strategies to reduce risks. The risk/reward ratio is basically the ratio of the amount you risk in an investment in an asset to the gain you target. 7- Investment Strategies: There are different investment strategies such as long-term investment, short-term trading, value investing, growth investing. You should choose investment strategies suitable for your goals. Long-term investments generally carry lower risk, while short-term investments offer the potential for faster returns but involve higher risk. 8- Portfolio Diversification: Diversifying your portfolio is critical to reduce risk. You can balance your portfolio by investing in different asset classes and sectors. If you spread the risk instead of being overly dependent on a single asset. You will reduce the risk you will take. 9- Impact of News and Events: Events such as economic data, political developments, natural disasters can affect the markets. Following these factors can provide you with great convenience in managing your portfolio and at the same time, it will also provide you with gains in terms of seeing instant new opportunities. Although financial markets seem quite simple from the outside, they actually have a complex structure that moves with the triggering of multiple intertwined conditions. It is impossible for us to completely solve this structure, but it is not very difficult to understand the basic lines. The essence of the job is to invest in various investment instruments by learning to read basic concepts and data, analysing and managing our risk. Thank you for reading

2- Basic Finance

Hello everyone

The subject of this week’s article is basic finance education, which is the 2nd item of my first article (https://medium.com/%40ataxbt/borsaya-ilk-ad%C4%B1m-77626f01c6f0).
First of all, before utilising your money in the market, you need to discover yourself and then the market dynamics. For example, if you are going to make a long-term investment, you and the market should have a suitable structure. If you take an action that suits you but does not suit the market or vice versa, you will probably close the position at a loss.
The market is a very comprehensive field and there is no limit to knowledge in this field. Financial instruments such as stocks, bonds, foreign exchange, commodities and derivatives are traded in these markets. In order to understand these instruments, there are some entry-level things we need to know:
1- Basic Finance Concepts: It is important to understand the basic concepts in financial markets. Understanding basic financial concepts such as stocks, bonds, interest rates, exchange rates, commodity prices, indices, price/earnings ratio (P/E), inflation, Gross Domestic Product (GDP) supports our investment decisions.
2- Market Types: Understanding the characteristics and functioning of different types of markets such as stocks, bonds, commodities, currencies, etc. helps us to determine our investment strategies. Each type of market has different risk and return profiles.
3- Interest Rates and Inflation: Economic factors, such as interest rates and inflation, affect investments.
4- Investment Instruments: It is important to recognise various investment instruments such as stocks, bonds, commodities, currencies, ETFs and funds and understand their risk-return profiles.
5- Fundamental and Technical Analysis: It is important to learn fundamental and technical analysis methods to understand financial markets. Fundamental analysis aims to value companies/projects by examining fundamental data and economic factors. Technical analysis aims to predict future price movements by examining past price and volume data.
6- Investment and Risk: It is important to understand the risks you may face when investing, diversify your portfolio and develop risk-reward strategies to reduce risks. The risk/reward ratio is basically the ratio of the amount you risk in an investment in an asset to the gain you target.
7- Investment Strategies: There are different investment strategies such as long-term investment, short-term trading, value investing, growth investing. You should choose investment strategies suitable for your goals. Long-term investments generally carry lower risk, while short-term investments offer the potential for faster returns but involve higher risk.
8- Portfolio Diversification: Diversifying your portfolio is critical to reduce risk. You can balance your portfolio by investing in different asset classes and sectors. If you spread the risk instead of being overly dependent on a single asset. You will reduce the risk you will take.
9- Impact of News and Events: Events such as economic data, political developments, natural disasters can affect the markets. Following these factors can provide you with great convenience in managing your portfolio and at the same time, it will also provide you with gains in terms of seeing instant new opportunities.
Although financial markets seem quite simple from the outside, they actually have a complex structure that moves with the triggering of multiple intertwined conditions. It is impossible for us to completely solve this structure, but it is not very difficult to understand the basic lines.
The essence of the job is to invest in various investment instruments by learning to read basic concepts and data, analysing and managing our risk.
Thank you for reading
LIVE
--
Bullish
Thank you for reading
Thank you for reading
LIVE
Yemin_eth
--
Know Yourself
In the journey I started last week, I tried to show a brief route to new entrants in the market. But since I thought this would not be enough, I decided to explain the steps I mentioned in the article in more detail. In this context, I will start from the first item “KNOW YOURSELF”. I hope it will be useful
Self-knowledge is a very important issue not only for the market but also for the course of your whole life. The process of self-knowledge is one of the most valuable and impressive journeys in a person’s life. This journey enables a person to understand who he/she is, discover his/her inner world and reveal his/her true potential.
So what does self-knowledge/discovery bring you? The process of self-knowledge increases the individual’s self-esteem, provides inner balance and reveals deeper and more meaningful aspects of life. It enables you to determine your goals and values, understand your life purpose and lead a more meaningful life. There are some steps we need to take to manage this process.
1-Discover Your Inner World: The journey of self-discovery begins with understanding your inner world. Take time to understand your own feelings, thoughts and beliefs. This can be done by using tools such as meditation-prayer, diary writing.
2. Identify Your Pleasures and Interests: Think about what you enjoy most in life and in which areas you can shine. Identifying your tastes and interests will show you which paths might interest you.
3. Understand Your Strengths and Weaknesses: Recognising your strengths gives you the opportunity to develop them further. Likewise, recognising and working on your weaknesses supports your personal development.
4. Learn from Past Experiences: Learn from your past experiences. By reviewing your successful moments and what you have learnt from mistakes, you can understand how you can make better decisions in the future.
5. Be Open to New Experiences: Being open to new experiences on your journey of self-discovery takes you beyond your limits. Trying different cultures, hobbies or activities can help you discover new aspects of yourself.
6. Accept and Love Yourself: One of the most important steps in the journey of self-discovery is to accept and love yourself as you are. Your flaws are a part of you and accepting yourself as a whole with your flaws promotes inner peace and positive self-esteem.
7. Keep Learning and Improving: The journey of self-discovery never ends. Continuous learning and development supports your personal growth.
So how can we adapt these ways to the market? If you are in the classic money markets, your job is easier than crypto investors. Crypto is not yet fully established, so we encounter a lot of new ideas every day. Let’s say you are a crypto trader and want to survive in the market, there are some steps you need to follow.
1 Determine your investment type: Markets have a cycle within themselves. To understand this and integrate yourself into it, you first need to know your mental state. If you are not very excited and do not have a strong psychology, long term investing may be more suitable for you. You can earn more efficiently by learning fundamental analysis, or if you have a steel will, it may be suitable for you to take shorter-term trades by learning technical analysis.

2 Make a plan: After determining your own mental state, decide where you want to invest your money. Don’t look at what so-and-so phenomenon says, set up your own game plan.

3 Be realistic: When making your plans, don’t dream of things that will never happen. Trust your maths and psychology, not this and that.

4 Manage Your Risk: Don’t forget to plan your risk while making your plan. Not everything is about psychology and analysis. The most important part of this business is definitely risk management. Don’t be afraid to stop while managing your risk. If you are in the market, stop and profit are brothers. But don’t go blindly and risk 10% of your balance in a single trade.

Finally, the market is not a playground. You are here to protect your earned money and earn more. The market consists of 1 and 0. There is definitely a winner and a loser. To be a winning side, first of all, is to know yourself, to know your way. Remember that no good will come from any wind to the ship that does not know the harbour it will go to.
Know YourselfIn the journey I started last week, I tried to show a brief route to new entrants in the market. But since I thought this would not be enough, I decided to explain the steps I mentioned in the article in more detail. In this context, I will start from the first item “KNOW YOURSELF”. I hope it will be useful Self-knowledge is a very important issue not only for the market but also for the course of your whole life. The process of self-knowledge is one of the most valuable and impressive journeys in a person’s life. This journey enables a person to understand who he/she is, discover his/her inner world and reveal his/her true potential. So what does self-knowledge/discovery bring you? The process of self-knowledge increases the individual’s self-esteem, provides inner balance and reveals deeper and more meaningful aspects of life. It enables you to determine your goals and values, understand your life purpose and lead a more meaningful life. There are some steps we need to take to manage this process. 1-Discover Your Inner World: The journey of self-discovery begins with understanding your inner world. Take time to understand your own feelings, thoughts and beliefs. This can be done by using tools such as meditation-prayer, diary writing. 2. Identify Your Pleasures and Interests: Think about what you enjoy most in life and in which areas you can shine. Identifying your tastes and interests will show you which paths might interest you. 3. Understand Your Strengths and Weaknesses: Recognising your strengths gives you the opportunity to develop them further. Likewise, recognising and working on your weaknesses supports your personal development. 4. Learn from Past Experiences: Learn from your past experiences. By reviewing your successful moments and what you have learnt from mistakes, you can understand how you can make better decisions in the future. 5. Be Open to New Experiences: Being open to new experiences on your journey of self-discovery takes you beyond your limits. Trying different cultures, hobbies or activities can help you discover new aspects of yourself. 6. Accept and Love Yourself: One of the most important steps in the journey of self-discovery is to accept and love yourself as you are. Your flaws are a part of you and accepting yourself as a whole with your flaws promotes inner peace and positive self-esteem. 7. Keep Learning and Improving: The journey of self-discovery never ends. Continuous learning and development supports your personal growth. So how can we adapt these ways to the market? If you are in the classic money markets, your job is easier than crypto investors. Crypto is not yet fully established, so we encounter a lot of new ideas every day. Let’s say you are a crypto trader and want to survive in the market, there are some steps you need to follow. 1 Determine your investment type: Markets have a cycle within themselves. To understand this and integrate yourself into it, you first need to know your mental state. If you are not very excited and do not have a strong psychology, long term investing may be more suitable for you. You can earn more efficiently by learning fundamental analysis, or if you have a steel will, it may be suitable for you to take shorter-term trades by learning technical analysis. 2 Make a plan: After determining your own mental state, decide where you want to invest your money. Don’t look at what so-and-so phenomenon says, set up your own game plan. 3 Be realistic: When making your plans, don’t dream of things that will never happen. Trust your maths and psychology, not this and that. 4 Manage Your Risk: Don’t forget to plan your risk while making your plan. Not everything is about psychology and analysis. The most important part of this business is definitely risk management. Don’t be afraid to stop while managing your risk. If you are in the market, stop and profit are brothers. But don’t go blindly and risk 10% of your balance in a single trade. Finally, the market is not a playground. You are here to protect your earned money and earn more. The market consists of 1 and 0. There is definitely a winner and a loser. To be a winning side, first of all, is to know yourself, to know your way. Remember that no good will come from any wind to the ship that does not know the harbour it will go to.

Know Yourself

In the journey I started last week, I tried to show a brief route to new entrants in the market. But since I thought this would not be enough, I decided to explain the steps I mentioned in the article in more detail. In this context, I will start from the first item “KNOW YOURSELF”. I hope it will be useful
Self-knowledge is a very important issue not only for the market but also for the course of your whole life. The process of self-knowledge is one of the most valuable and impressive journeys in a person’s life. This journey enables a person to understand who he/she is, discover his/her inner world and reveal his/her true potential.
So what does self-knowledge/discovery bring you? The process of self-knowledge increases the individual’s self-esteem, provides inner balance and reveals deeper and more meaningful aspects of life. It enables you to determine your goals and values, understand your life purpose and lead a more meaningful life. There are some steps we need to take to manage this process.
1-Discover Your Inner World: The journey of self-discovery begins with understanding your inner world. Take time to understand your own feelings, thoughts and beliefs. This can be done by using tools such as meditation-prayer, diary writing.
2. Identify Your Pleasures and Interests: Think about what you enjoy most in life and in which areas you can shine. Identifying your tastes and interests will show you which paths might interest you.
3. Understand Your Strengths and Weaknesses: Recognising your strengths gives you the opportunity to develop them further. Likewise, recognising and working on your weaknesses supports your personal development.
4. Learn from Past Experiences: Learn from your past experiences. By reviewing your successful moments and what you have learnt from mistakes, you can understand how you can make better decisions in the future.
5. Be Open to New Experiences: Being open to new experiences on your journey of self-discovery takes you beyond your limits. Trying different cultures, hobbies or activities can help you discover new aspects of yourself.
6. Accept and Love Yourself: One of the most important steps in the journey of self-discovery is to accept and love yourself as you are. Your flaws are a part of you and accepting yourself as a whole with your flaws promotes inner peace and positive self-esteem.
7. Keep Learning and Improving: The journey of self-discovery never ends. Continuous learning and development supports your personal growth.
So how can we adapt these ways to the market? If you are in the classic money markets, your job is easier than crypto investors. Crypto is not yet fully established, so we encounter a lot of new ideas every day. Let’s say you are a crypto trader and want to survive in the market, there are some steps you need to follow.
1 Determine your investment type: Markets have a cycle within themselves. To understand this and integrate yourself into it, you first need to know your mental state. If you are not very excited and do not have a strong psychology, long term investing may be more suitable for you. You can earn more efficiently by learning fundamental analysis, or if you have a steel will, it may be suitable for you to take shorter-term trades by learning technical analysis.

2 Make a plan: After determining your own mental state, decide where you want to invest your money. Don’t look at what so-and-so phenomenon says, set up your own game plan.

3 Be realistic: When making your plans, don’t dream of things that will never happen. Trust your maths and psychology, not this and that.

4 Manage Your Risk: Don’t forget to plan your risk while making your plan. Not everything is about psychology and analysis. The most important part of this business is definitely risk management. Don’t be afraid to stop while managing your risk. If you are in the market, stop and profit are brothers. But don’t go blindly and risk 10% of your balance in a single trade.

Finally, the market is not a playground. You are here to protect your earned money and earn more. The market consists of 1 and 0. There is definitely a winner and a loser. To be a winning side, first of all, is to know yourself, to know your way. Remember that no good will come from any wind to the ship that does not know the harbour it will go to.
LIVE
--
Bullish
First Step To MarketIf you have some money and you want to invest it to protect yourself against inflation and you have your eye on the cryptocurrency or traditional markets, there are some things you need to know before you step into these markets. I will try to explain in bullet points. Let’s get started :) 1- KNOW YOURSELF: This article is very important not only for this field but also for knowing what you want and setting your goals no matter what you do. No wind can help those who do not know where to go. 2- Basic finance education: You should KNOW the dynamics of the market where you will invest your hard-earned money. 3- Technical-Basic Analysis: After knowing yourself, you should choose the most suitable method for your character and develop yourself in this direction. For example, if you want to gain your financial freedom while working in a very busy job, fundamental analysis is the most suitable for you. Because the project you will buy at a reasonable level with a solid research is likely to earn you in the long run. 4- Risk management: No matter what market you are in, no matter what knowledge you have, at the end of the day, if you cannot manage your risk, you are doomed to lose. Strong will = the road to financial freedom These steps will serve as a lighthouse to help you navigate the market. The most important thing you need to do after these steps is to find a reliable crypto exchange/broker you can trade with. It does not mean that you are ready after following the steps mentioned above. 5- Using a demo account and backtesting with the right methods: After taking certain trainings and improving yourself, you should definitely test this knowledge on your own. Why alone? Because whether the money you put in is 1 million dollars or 1 dollar, you are alone in all the decisions you make. For this reason, you should learn how to make the right decision, the temperament of the parity by trading with a demo account via backtest. 6- Do not buy a share/coin just because the price is low. There is a BOTTOM BOTTOM. 7- Do not average downwards. There is a BOTTOM LOW 8- Trend is your companion, your confidant, your guide. Do not neglect to follow it. Only the trend can tell you the direction of your money. In the next articles, I plan to write more detailed articles about the topics I mentioned here. Your support is valuable to me. Friends can support me by sharing this article on Twitter or other social platforms Thank you for reading.

First Step To Market

If you have some money and you want to invest it to protect yourself against inflation and you have your eye on the cryptocurrency or traditional markets, there are some things you need to know before you step into these markets. I will try to explain in bullet points.
Let’s get started :)

1- KNOW YOURSELF: This article is very important not only for this field but also for knowing what you want and setting your goals no matter what you do. No wind can help those who do not know where to go.

2- Basic finance education: You should KNOW the dynamics of the market where you will invest your hard-earned money.

3- Technical-Basic Analysis: After knowing yourself, you should choose the most suitable method for your character and develop yourself in this direction. For example, if you want to gain your financial freedom while working in a very busy job, fundamental analysis is the most suitable for you. Because the project you will buy at a reasonable level with a solid research is likely to earn you in the long run.

4- Risk management: No matter what market you are in, no matter what knowledge you have, at the end of the day, if you cannot manage your risk, you are doomed to lose. Strong will = the road to financial freedom

These steps will serve as a lighthouse to help you navigate the market. The most important thing you need to do after these steps is to find a reliable crypto exchange/broker you can trade with. It does not mean that you are ready after following the steps mentioned above.

5- Using a demo account and backtesting with the right methods: After taking certain trainings and improving yourself, you should definitely test this knowledge on your own. Why alone? Because whether the money you put in is 1 million dollars or 1 dollar, you are alone in all the decisions you make. For this reason, you should learn how to make the right decision, the temperament of the parity by trading with a demo account via backtest.

6- Do not buy a share/coin just because the price is low. There is a BOTTOM BOTTOM.

7- Do not average downwards. There is a BOTTOM LOW

8- Trend is your companion, your confidant, your guide. Do not neglect to follow it. Only the trend can tell you the direction of your money.

In the next articles, I plan to write more detailed articles about the topics I mentioned here. Your support is valuable to me. Friends can support me by sharing this article on Twitter or other social platforms

Thank you for reading.
Explore the latest crypto news
âšĄïž Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number

Latest News

--
View More

Trending Articles

View More
Sitemap
Cookie Preferences
Platform T&Cs