If you're wondering how to invest in cryptocurrency for the first time, the following five steps can get you started:

• Choose what cryptocurrency to invest in.

• Select a cryptocurrency exchange.

• Explore storage and digital wallet options.

• Decide how much to invest.

• Manage your investments.

Scalping is one of the most popular strategies. It involves selling almost immediately after a trade becomes profitable. The price target is whatever figure means that you'll make money on the trade. Fading involves shorting stocks after rapid moves upward.

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Btc

Long

Entry 42100 - 42200

Target

42500
43800
44100
44500
45000

Sl hold

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LONG

Entry 223- 224

TARGET
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350

STOPLOSS
310

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ETH
LONG

ENTRY 2350-2345

TARGET
2450
2500
2600

STOPLOSS 2330

Leverage 20x to 30x

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ETF STRATEGIES

Spot bitcoin ETF approval may be coming in January, experts say. Here's what it means for investors

KEY POINTS
Investors await approval for the first U.S. spot bitcoin exchange-traded fund, which would be a milestone for cryptocurrency investors.

Discussions between the Securities and Exchange Commission and asset managers with pending spot bitcoin ETF applications have advanced.

Still, bitcoin "remains an extremely volatile and speculative asset,” said Bryan Armour, director of passive strategies research for North America at Morningstar.

The price of bitcoin has surged in 2023 as investors await approval for the first U.S. spot bitcoin exchange-traded fund, which would be a milestone for cryptocurrency investors, experts say.

In early December, the digital currency topped $44,000 for the first time since April 2022, and year-to-date gains were above 160%, as of Dec. 21, mostly fueled by optimism for a spot bitcoin ETF.

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Crypto Trader

✅The most important thing in Future Trading is about MONEY MANAGEMENT and TRADE SIZE.

❌ Don't Use All Margin on One Trade.

✅ Use 1-3% Margin On One Trade According To Your Risk Plan. Let's suppose you have 1000$ use $10 - $30 margin for one trade.

👉How much leverage?
It all depends on your risk for one trade and how much loss you can bear for one trade.
Normal leverage 5x to 10x.
🙅‍♀️If you want to use 50X or 125X leverage then you must use 1-2% MARGIN for one trade with Cross margin mode and you will not liquidate. ( 0 Liquidation method )

🤑What is the difference between a Trader and a Gambler?
A gambler always wants to double money every day. But a professional trader manages risk in trading and have a target of profits. And keep in Mind
"Slow and Steady wins the Race"

Some common words used in trading.
Tp= Take profit
Sl= Stop loss
Entry= Trade entry
Long= Buy order
Short= Sell order
SCALP TRADE=Trade for short period of time. [ Targets may achieve in 15 min to 100 min ]
INTRADAY TRADE = [ Targets may achieve under one day ]
SWING TRADE= { Targets may achieve in 1Day to 1 week }

When TP1 hits move you stop loss on entry point.
3) Don't be Panic after entering the trade.
4) Avoid Big losses if you see you enter trade with very high leverage and if stop loss hit you can't bear loss or you will liquidate before stoploss then immediately close at least 50% trade size.

Have a good Day

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Good Morning Everyone ETH Hit a New High. 💥

This Year 2050 Now we Can See Some Downward Moment 2380 and 2360 Is new Support And Resistance 2450.

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SOL

LONG

ENTRY 107- 108

Target 1 : 110
Target 2 : 112.5
Target 3 : 115

Long Hold Targets
125
140
150

Stoploss 100

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