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Most of the guys will loose thousand of dollars trading like kids
The most important thing in trading is risk management and greed control
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$Bigtime , any suggestions , should i hold or sell ??? #BIGITME
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Pre-Halving BTC Dominance Pump Almost Completed. 1. Increased EXACTLY till the last support level created after post-halving dump in 2020. 2. Most altcoins already outperforming BTC. We might have a major alt rally while approaching May if BTC remains stable. This aligns with how Bitcoin Dominance behaves post-halving. What is important to see is when and where does this find support because it's likely that the next dominance pump will be during a major market correction where people move to BTC as a safe haven. If I had to take a gambler’s bet, this is how things move now: 1. BTC Recovery till around 68k or maybe ATH. (most top buyers waiting to exit BE there) 2. Alts have some rallies, expect more from alts that have been strong in the last month (no overhanging supply as most alts like APT/W fell 3X stronger than BTC and have a lot of bag holders looking to exit closer to BE. (Maybe SOL is an exception to this, maybe) 3. If this plays out then we re-evaluate in May. $BTC $ETH $SOL
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Been so focused on charts this past week my head literally hurts Crypto does nothing for months and then moves like crazy for a few weeks You need to be prepared at all times or you miss out on that small window of opportunity
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WHAT HAPPENED IN CRYPTO OCTOBER CRYPTO BULLET 1. Ferrari partners with Bitpay, accepts crypto payments now. 2. Bloomberg analyst see 90% chance Bitcoin EFT approval by Jan. 10, 2024. 3. $BTC price surges past $34,000 for first time in more than year. 4. Highest Short liquidations ($280 million) since January across all crypto assets was seen on 23rd October. 5. Highest Daily Close for Bitcoin since 9th May 2022. 6. Tether Aims to Publish Reserve Data in Real-Time in Coming Years. 7. MicroStrategy Bitcoin holdings moves into 750 Million dollars in profit. 8. Warren Buffet remains a crypto hater in 2023 after missing to buy Bitcoin at $1000. 9. Court rules in favor of Grayscale, directing the SEC to abandon its rejection of the asset manager's Bitcoin ETF application. 10. Digital-asset investment products saw inflows for the fourth consecutive week in a row with $66 million in inflows, bringing the four-week run of inflows to $179 million. 11. Exchange inflows vs Price increase ratio is the lowest since 2021. Which means spot is taking profit less eagerly than in the past, slightly positive sentiment. #BTC #BinanceSquare #Binance #Binancefeed
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Losing Everything in one Trade has to be the worst thing ever!!! Now that everyone is sure about a Bull run, let me tell you A Short Story about how I lost all my Networth, once. On 29th November 2017, I was long BTC with all my net worth. Expecting market to reach 10K. The next second, I got completely liquidated as price Dumped. Then my target of 10K was reached, AFTER liquidating me. Moral - When Price run is about to begin, volatility makes sure to liquidate both Long and Shorts. Be careful with how much you're risking, the leverage and stop loss. The market will go to prices you can't imagine, in a second, in either direction. Keep Safe, define your risk and know how much you are okay with losing. I learnt from that mistake and then from the mistakes of others, accumulated the habit of not repeating mistakes. A huge tuition fee was paid to learn management of risk. $BTC $ETH $BNB
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