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HOW TO MAKE REAL PROFITS IN THE BULLRUN! REVERSE PSYCHOLOGY! Hello beloved Investor, always take some profit, it never hurts to take some profit. In the Crypto market, BTC is the driving force pulling all other crypto currencies and coins. Being the driving force, when BTC goes up 5%, the alt coins fly upto 15-20 even 50%. But the reverse is also true, when it just retraces by 3% the alt coins drop by over 15 to 20%. That being said, every time BTC flies high and you have alt coins in your Crypto Portfolio, take the partial profits of the alt coins out as you wait for retracement. For example you have $100 in alts, when BTC goes up, they increase by 30%. Its wise to first take off that 30% profit on the alt coins. As you wait for the market to retrace and it will always retrace. This retracement gives chances to enter again buying cheaply. But if you dont take partial after every pump, the price will come back where you started and you will lose that extra money. This is one way to maximise profits in this crazy bull run! I know your emotions tell you otherwise but one way to be a good investor is to always act contrary to your emotions. If your feel so greedy, its time to be careful and when there is alot of fear. Its time to buy. Stay wise and maximize profits! #Write2Earn! #BullRunAhead
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BTC SMASHING THROUGH 89k! ALERT ANOTHER EMMERGENCE AND CRITICAL POINT IN THE MARKET!. on Sunday, i wrote one of the most polarizing post about the BTC price predictions. Notice that i dont just post about BTC usually i post at the critical times in the market. Times where the price is about to breakout or being rejected down. Now as an investor these are the only times to look out in the market. Why so? Because these are the times when being right in the decisions you take means alot of money and being wrong is equally disastrous. Therefore at the very least you need to know that we at the critical moment the cross road. Its just so interesting that BTC is flying at such high speed and its almost not giving us enough time to reflect. Before we know it, even today right now as i write this post we are at another critical moment of the market. BTC broke through 2 channels at a go, and its even on the upper side of one of the channels. At such times there are 2 scenarios to watch out. The first one(in my opinion 60%) chances of playing out. Is A correction in the yellow line the picture below, to around 71K . If BTC is to respect the channel its in right-which i believe 60%. Then it will have to retrace and retest the lower line of the channel at 71K before breaking through to 100K. See the yellow trend lines in picture below. The second scenario(i give this 40%) is BTC to break through the upper line at 90K and if this happens BTC would fly to 100K right away. If there is anything to take from this post. Its the fact that we are again at a crossroad. a point where one can easily make alot of money or lose alot if the market goes against them. However my bias is for a correction, i expect a correction down for BTC before it flies to 100K. Things are happening so fast, these moves are going to fast for many people to even try to catchup with them. Just keep your eyes on the purple line and blue line! As you can see BTC is just at the upper channel line? Is it breaking out or going down for a correction. Stay tune #BTC☀ #Write2Earn!
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BTC A CRITICAL POINT IN THE BULL RUN! EMMERGENCY FOR EVERYONE. Yesterday after BTC reaching 80K, a wrote a post highlighting whats next for BTC. If you dint read it, please first follow me and go and read it right away because what am about to address here is a sequel to that post. As i write this BTC is dancing between 81k to 82K. Something i talked about yesterday. So the big question in the room is what next for BTC! Just know we are at a critical point for BTC, there are 2 posible scenarios for BTC right now. Scenario 1(lets call it the most probable scenario about 60% chances). Btc has been in a channel and it broke out of the channel as you see the picture below and went into the upper side of the channel. The rules of channel state that when price breaks out of a channel it goes into another parallel chanel ashown below. Now it supposed to come down and retest the lower line of new channel which for this case is in 68-70K. after retesting then it continues with move up. in other words a correction is around the corner. Since BTC is at the critical price of 81k-82K. This is the zone of upper line of the channel which is supposed to reject BTC. The second scenario which is less probable(40%) is BTC to breakout of the second channel again which would mean BTC to fly all the way to 100K. In my opinion this is less likely, there has to be a correction before we go up. That being said, the game is to be prepared for both scenario its just important to be aware that we are at a critical point of the market, a transition and this is usually a point to watch out carefully because its very possible to make a lot of money or lose a lot of money at this junction. #Write2Earn! #BTCNear82k i remain your trusted analyst Crypto Dragon like subscribe and share this is very important info for the crypto community. We are at the yellow line a crossroad where price can either continue going up or it comes down to retest the lower channel line. Watch very closely pay attention!
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CRYPTO IS ZERO SUM FOR ONE MAN'S GAIN IS ANOTHER MAN'S LOSS. In Crypto, there is a fixed amount of capital. Everyone in Crypto is competing for the same sum of capital. If you make $10 profit, and you take the profit, you took $10 that someone else put in. You’ve essentially stolen that person’s money. If you lose money, you essentially had your money stolen by someone else. This is why it is absolutely crucial to recognise that one day, you will need to sell, or someone else will take your profits for you. Because: 3. For every buyer there is a seller SO WHY IS THIS IMPORTANT TO YOU? Put it simply, every one in crypto is here to make money but dont be naive not everyone makes money in crypto. Why? Because the majority of people follow the crowd, if you are to make money in crypto you have to act contrary to the crowd sentiments. Let me give you an example, as we stand BTC surged all the way to 81K, everyone is feeling bullish right? But what few can suspect is the fact that there will always be a retracement after a surge. Which means a wise investor has to be taking partial profits. i have learnt this the harshest way. Let me give you an example. Lets say you had $100 in your portfolio and after the surge it increased by 30% . It would be sane of you to partially sell off the $30 and reclaim that profit. I will tell you why. See, if you dont take that 30% profit, guess what, BTC will always retrace down and your Crypto portfolio will be once again to $100. Now isnt that a loss. AM telling you this because it happend to me when BTC first reached 71K if i were wise i would have taken partial profit becuase it will always retrace down. I remain yours crytpto Dragon!
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THE UNCONVETIONAL STRATEGY TO MAKE 10X YOUR MONEY IN BINANCE FUTURES. One thing everybody talks about crypto is that its volatile and thats by far the best thing about crypto. Volatility means it fluctuates moving up and down. Use volatility to make money? Every time prices swings to the extreme side you do the opposite.BTC just swung all the way to 81k going above the upper Bollinger band. For your information, i wrote a post explaining my price predictions of BTC. For now i want to teach you a price of Crypto one that if you grasp quite well you wont just make money but you will enjoy. Because truth be told. Its very sweet and very fulfilling to be right in crypto, to place a trade and it goes your way. You feel so super well. this is even enough to boost your immune system(just joking) . The number one principle that once understood will make you know when to buy and when to sell is a principle called reflexivity. this is the principle which all the principle which all the indicators that you use are based on. SO whats reflexivity? If you only use one word to describe Bitcoin’s volatility it’s this. Coined by George Soros, reflexivity is the theory that a two way feedback loop exists in which investors' perceptions affect the market environment, which in turn changes investors' perceptions. Put simple, higher prices beget higher prices, and lower prices beget lower prices. Now since this is what happens with BTC and ofcourse all other crypto currence. It means that you as Crypto trade has to be contrary to whats going on in the market. When there is alot of bullish sentiment, its time to make shortterm shorts and vice versa. Therefore in this bullrun. There will be two strategies to make money. The first one obviously is to long when the market has retraced abit, only long when you see that price has lowered down, the rsi is less than 30, price is even below the lower bolinger band on 15min chart. But also short the market when its over bought. I short pepe today and those are the results. Check the chart below. to see. #Write2Earn! Crytpo Dragon!
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