An optimal distribution of cryptocurrency holdings - Educational
Welcome to our video where we talk about the best way to spread out your crypto investments. We'll break down the key ideas and important things to think about when deciding where to put your money in the ever-changing world of cryptocurrencies.
If you have any questions Feel Free to reach out!
BNB
A BASIC ENTRYThis right here is my favorite type of entry where you can basically see a nice bottom and re-test from the pullback before so in my eyes coming back down to this price too fill in the gaps is a MUST PAY ATTENTION type of trade... too me this is a continuation of price action. NOW! don't just get to your desired price and throw a market order in just because it's there? Wait for some big volume to come through, wait for the next pullback... Getting too the price is one thing... but knowing what to do next is the ball game.
I mean if I can get the price too come down far enough that i can set my SL behind a bunch of big 4HR, 1D bottoms and scale down to a lower TF too catch a clean leveraged trade. That's a strategy in itself... To add a focus on discipline, mindset, psychology, family, friends, work! an all-round lifestyle as a SOLDIER! you come to realize that trading is such a very small part of the game. Nail life first... then that simple strategy might just work.
🔥WHAT IS NEEDED FOR BITCOIN TO GROW HIGHER? 1300%vs4900%🚀🔥Hi friends! A lot of newbies consider these things as something bad. These make them very unhappy and disappointed because their position gets the loss. These things are the pullbacks or corrections after significant growth. Everyone is waiting for it now to buy more cheap crypto.
📊 The pullback is the price fall after significant growth. But why is it so good for price growth:
🔥 1. it makes the market (BTC as well) much healthier because it liquidates overleverage traders.
For example, -40% pullback liquidates all traders with 1.5x leverage and coll down the market (as it was in the 2016-2017 bull market).
🔥 2. it gives the opportunity to enter the long traders for the advanced traders. If we have 5-6 pullbacks every time after 100-150% growth, you can use already earned money in new trades (increase the risk per trade).
When the price doesn't make the pullbacks and you enter the trade at the very beginning of the bull market, you have no chance to exit the trade and use the margin from the profit to increase the risk per trade.
✅ COMPARISON OF 2016-2017 AND 2020-2021
🚩 2016-2017 BULL MARKET
The market had made 4900% of profit in just 2 years. I mention 6 huge dumps with 30-40% drawdowns. These dumps cool down the market and liquidate overleveraged traders. Lots of entrance opportunities. Hope the next bull market will be the same.
Of course, you can say that market was not as big as now and I agree with you. But the whole BTC capitalization is equal to 3.5% of the entire gold cap, so it's just the beginning for crypto.
🚩2020-2021 BULL MARKET
This bull market as well as the 2019 local bull market was almost with no pullbacks and entrance possibilities. Bitcoin had made just +1300% in 2 years. Just 3 pullbacks with +16-30%. Almost no liquidations and no cool down of the market. Not the best growth as the result.
In that bull market, the beginners can't even normally use their gaining margin to open new trades.
🔥 WHAT WILL HAPPEN IN THE NEXT BULL MARKET?
I think that this growth will be the same as at the last bull market. Of course, it will be some surprises as at each bull market, but it will grow nonstop.
I make a huge update about this in the last idea. Check it if you want to know what to expect from BTC and the crypto market here👇
🚩Traders, what is your expectation about BTC bull market? Do you agree with me or have another argument? Write it in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
What's the Difference? Fundamental vs TechnicalHello dear traders,
Here are some educational chart patterns that you must know in 2022 and 2023.
I hope you find this information educational and informative.
We are new here so we ask you to support our views with your likes and comments,
Feel free to ask any questions in the comments, and we'll try to answer them all, folks.
Fundamental vs. Technical Analysis:-
Fundamental and technical analysis are two major schools of thought when it comes to approaching the markets, yet are at opposite ends of the spectrum. Investors and traders use both to research and forecast future stock prices. Like any investment strategy or philosophy, both have advocates and adversaries.
Fundamental Analysis:-
Fundamental analysis evaluates stocks by attempting to measure their intrinsic value. Fundamental analysts study everything from the overall economy and industry conditions to the financial strength and management of individual companies. Earnings, expenses, assets, and liabilities all come under scrutiny by fundamental analysts.
Technical Analysis:-
Technical analysis differs from fundamental analysis, in that traders attempt to identify opportunities by looking at statistical trends, such as movements in a stock's price and volume. The core assumption is that all known fundamentals are factored into the price, thus there is no need to pay close attention to them. Technical analysts do not attempt to measure a security's intrinsic value. Instead, they use stock charts to identify patterns and trends that suggest what a stock will do in the future.
Trade with care.
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📊How to use HORIZONTAL VOLUMES? Tutorial with examples!Horizontal Volume Indicator or Volume Profile is a simple indicator that helps to identify: value areas (support or resistance zones) and liquidity gaps. In this idea I will explain how to use the indicator and mark these areas to make trades and why it works.
Let's start at the beginning.
💹What are value areas (support and resistance zones)?
🔶The value zone is the price range at which the most trades are made. On the chart we can mark the value zones: 33600-41000, 46000-49500, 54600-58200. I also marked how these zones were support or resistance to price. The value zone becomes a support for price if the price, when it is tested, does not continue its downward movement. A value zone becomes a resistance if price does not continue to rise above that zone. The zone simply doesn't let the price go higher because there aren't enough buyers.
🔶Liquidity gaps are called that way because no trades were made in that zone and there is no liquidity for traders (buyers or sellers), and price, as we know, goes from liquidity to liquidity (from one zone to another). On the chart I have marked for you the liquidity gaps and we can see that the price can' t stay in these zones for a long time.
✅Why do horizontal volumes work? Price reacts to these zones for a simple reason. Many traders pay attention to these areas and put their limit orders to buy or sell or when the area is tested, so the price moves up or down. If there are more sellers than buyers, the price will go lower and lower ; if there are more buyers, the price goes higher and higher.
🚩How can I add this indicator to my chart?
3 steps to add the indicator to your chart:
1. open "prediction and measurement tools" at the left part of chart
2. choose the "Fixed Range Volume Profile"
3. choose the price range from some date till another date. I chose from Dec 10, 2021 till May 6, 2022.
So now you can see and mark all areas on your chart.
🏁This indicator helps to identify areas and can suggest stop points or price reversal, but it should be used with different methods. If the market is in a strong rising trend (UPTREND), it is unlikely to be stopped by a local zone of value, but a global zone may stop it. Also, the support zones can be good entry point. Be more tricky than the market and use different tools. You can use the indicator on different timeframes for scalping or swing trading and with different ALTCOINS. Also, pay attention to the volume indicator, trend lines and key levels that I show in my ideas.
💻Please write in the comments if you still have questions about Horizontal volumes! I`ll try to explain you additional tips 🎇
Press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Cycles Exchange giants FTT (FTX, Alameda Research)+BNB (Binance)Comparative analysis. The main trend of the two exchange coins BNB and Alameda Research, and yes the exchange FTX. The time interval is one month. Logarithm.
Coins of two liquid exchanges: Binance and FTX .
Coinmarketcap: FTX Token
Coinmarketcap: BNB
Here's what it looks like on a line chart of the price.
Is Sam Bankman-Fried a young potential "grandpa" Warren Buffett or a fintech criminal with a life sentence?
Could Alameda replicate the success of Binance, led by future PR wunderkind Sam Bankman-Fried, i.e. a young Warren Buffett? A joke? Ta, no... That's his role after his grandfather died. Or is it? Think about it...
Do you think the pseudo-asset market, the various cryptocurrency scams, can be compared to the tokenized stock market ? Can you smell XRP?)
Right now, in 2022, Binance is a mastodon in terms of cryptocurrency trading. Just like Poloniex in 2017).
Think about who is behind companies like Alameda Research ? Why are they allowed to do what others are not? Why can some liquidate, ostensibly for their own benefit, entire projects with billions of dollars in capitalization and a community of millions of people with impunity, while others can't even breathe a breath?
Who has the right to pardon or punish? Who can claim such a huge piece of the fat pie as the tokenization of stocks or the materialization of money from nothing (stabelcoins) but the state?
Exchanges. Hype and liquidity. Changing market leaders.
Therefore, for conservative traders and investors, it is more rational to pay attention to the non-random mastodons of the crypto market. But, keep in mind that they tend to gain or lose fat over time. I didn't write about Poloniex as an example for nothing. It's an example of hype and decline from previous times of popularity. In 2017 there was such an influx of traffic to the exchange that it was impossible to trade. Five years later, things have changed. Liquidity flowed to the new mastodon of hype, Binance.
Market cycles of cryptocurrency market spikes/declines .
In the price chart, I have shown the time cycles of the cryptocurrency market. This is probably the most important thing everyone wants to know. Most market participants want to scroll through money and increase the amount available "here and now in the moment" - emptying their pockets. Typically, the market of such "burps up" before the next peak in the cycle. Don't be that kind of person.
Very few people draw conclusions from their previous mistakes. They admit their mistakes and look for ways to solve them, rather than cite randomness. There is no randomness in non-accidental actions.
Notice how the "crypto hamster traffic" has decreased in the market nowadays. I may be writing crudely, but it's understandable. Local reversals occur at times like this.
Major FTT trend
FTT/USD (FTX, Alameda Research). Main Trend.
This is what this zone looks like on the line price chart on a larger scale.
Pay attention to what zone the price is in now and at what values of profit. Take this into account in your trading.
Main trend of BNB .
Tips for beginners on how not to make mistakes when trading Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Guys, today I want to share with you information from one interesting blog, for the last 3 weeks the market has not shown us strong volatility and we have to watch almost the same price range, I'm talking about the main cryptocurrency, Bitcoin.
So I decided to share this information for beginners in order not to make mistakes that can be so easily avoided in the future.
Let's start with you in order:
What is Consolidation or Flat?
Consolidation is the state of the market when it is sandwiched between support and resistance. This state means that a certain state of balance has arisen in the market between sellers or buyers, that is, demand has balanced supply. In other words, the market is in a state of accumulation or distribution. According to statistics, about 80% of the time the markets are in a flat state, so trading in a sideways range will always be profitable for traders.
For consolidation to become apparent, the price must touch the support and resistance levels at least twice. I think that it is clear here, this is a classic of technical analysis, trading from levels in FLAT.
Example below:
And so let's continue:
Consolidations can expand and contract.
An expanding consolidation occurs when the price makes a false break and moves back into a range, thereby expanding the space between support and resistance. Selling at resistance will force you to hit a stop as price breaks the current resistance level to then move back into the range.
Example below:
A shrinking consolidation occurs when the market enters a period of low volatility, for example due to an impending news release.
During periods of narrow consolidation, it is better to refrain from entering the market and making deals. But during periods of broad consolidation, you can trade from its borders. This will give us a good risk to reward potential. However, you should always remember that sooner or later the price will go beyond the range, a true breakdown of the level will occur, and the market will move into a trend phase.
The longer the market is in a flat, the more force the trend will follow after the price breaks out of the range. Any calm in the cryptocurrency market is replaced by explosive, and vice versa.
We got acquainted with the theory and I think there is nothing complicated, you can see all the examples on the graphs above.
Let's move on to the most important thing now:
Flat is a killer of deposits, why?
We have all heard or read on various forums that flat is the killer of deposits of trend traders. Actually, it is. If your trading system is showing outstanding results in a trending market, then as soon as the sideways movement begins, you can say goodbye to all the profits.
Let's take a look at the place.
The thing is that trend methods will give you signals to enter the market near support and resistance levels, and as soon as you open a buy deal, the price crashes into the level in just a couple of points, and after that a reversal begins. On average, the trading system will give 4 false signals, which will completely block the profits received when trading with the trend. Therefore, if you learn to identify a flat in the early stages of its formation, then the damage caused by it will be minimized, or even better, you will be able to use this state of the market to your advantage.
How to define a flat?
In order to correctly learn how to determine a flat, we must remember what it looks like. A sideways movement is a movement between two highs and lows, perhaps this will be enough. Let's look at the chart, try to identify any price fluctuation between the latest highs and lows.
Shown below is an example:
Red circles mark the first minimum and maximum. As we can see, the subsequent price movement is within the range of boundaries we have drawn. Next, we can see how the price breaks the lower level and a strong downward movement begins, but it is worth noting that the price made about 7 bounces from the levels before that, which we could use for profit.
How to trade in the side market?
The best strategy for trading sideways markets is the false breakout. It usually gives a powerful impetus for the price to move in the opposite direction. Market makers always collect stop losses of traders at levels to gain liquidity and then move in the opposite direction. This should always be taken into account when trading false breakouts. You can set take profit and exit the trade on the other side of the trading range. I often mention this in my signals that MM collects stops and turns the asset in the other direction, this happens most often on strong
🔥Almost 1 month after the MERGE! WHY ETH DOESN'T PUMP?!Hi friends! Almost a month has passed since the Merge, and Ethereum still has not grown. What is the reason? What are my targets for Ethereum?
✅ As i mention in the last idea, the merge is like the Halving for BTC. A lot of retailers expect the HUGE pump with x10-100 profit. But in the real life it doesn't work.
✅ If a lot of people expect something, it has lower chance to happen. Take a look on BTC after the Halving. Usually BTC start to consolidate for 2-3 month or DUMP for 20-30% after this. The same happen now. It's force weak hodlers to sell their ETH and it's good for the future growth.
✅ My recommendation is to be prepared for strong price movements in the near future.
📊 Preconditions to open a long:
🔥 squeeze to the trendline
🔥 bullish BTC pull the altcoins to the new highs and it`s highly expected. At least local pump to $25-32k
🔥 whales orders to buy on DOM and Footprint scalping tools. They help me to identify the big g uys and open a trade with them
🚩 According to second scenario that shown on the chart, the volumes should grow if the liquidity collection will happen. Pay your attention to this scenario too.
📊 The targets for the long:
1. $1540-1650 - the closest value area
2. $2030 - the key level, vale
🔥 Usually, I recommend you to book at least 50% of profit but according to the fundamental expectations, you can hold this long trade a little bit longer. Especially, if BTC become local bull market.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade
For beginners| Avoid losses and save your trading capitalHello everyone, today I decided to share with you another educational idea, today talk about how to avoid losses and save your trading deposit.
Have you ever heard the saying “if you don’t spend, it’s the same as what you earn”? In other words, you need to strive to save your money. And it's hard to argue with that. However, this idea goes far beyond your savings account at the bank. It can also be applied to how you manage your trading account.
The idea of "did not spend - it's the same as earned" can be expressed in the words "did not receive a loss - it means that I made a profit." While it refers to a minimalist approach to trading, it also highlights the importance of avoiding losses.
Non-standard approach
Guys, I will give you two simple examples for a general understanding!
If I asked you why you became a trader, most likely you would answer: “I started trading to make money” or even “I would like to get rich through trading.” Most likely, you will not answer this question in the following way: "I started trading so as not to lose my money" or "I started trading on the stock exchange so as not to become poor." Feel the difference?
Both last answers may sound a bit ridiculous. However, in my opinion they are much more appropriate than the first.
Don't get me wrong, wanting to be rich is normal. If you want to make a lot of money, that's great. But if this is your only goal in trading, then you are doomed to failure.
The reason is simple. When you open a new trade, you focus on how much money this position will add to your account. It's human psychology to think about the reward, not the risk. However, this is a completely wrong approach.
If you want to stay in trading for a long time, first of all you must understand how much you will lose if the market goes against you. A defensive mindset will not only help you stay out of trouble, but will ultimately help you increase your trading account size.
The numbers don't lie
The best way to demonstrate the negative consequences of losing trades is to illustrate it. The chart below shows the percentage of profit required to compensate for trading losses.
As you can see from the chart above, if your drawdown is 50%, you will need to make a 100% profit to return to your initial deposit size.
Moreover, if you really intend to get out of the drawdown, this can only be done in a consistent and safe way. Simply throwing money into the market in the hope of making up for your recent losses will quickly drive you into an even deeper hole. Any trader who has increased their risk in the hope of recouping recent losses knows this to be true.
A deep drawdown is always very dangerous for your trading account. That's why I practice the "less is more" approach. I also believe that the absence of a position is already a position.
Consider the words of Bill Lipschutz:
If traders stayed out of the market even for 50 percent of the time they trade, they would earn a lot more.
emotional side
Another problem that is associated with losses is emotional damage. Constant losses can make you start to doubt yourself and your abilities as a trader.
If you have been trading for a while, you know that trading psychology is the key to profitable trading. You may have the best strategy in the world, but without emotional resilience, you are doomed to fail.
This brings us to a universal truth - the best way to protect your psychological health as a trader is to avoid unnecessary losses. This is an incredibly obvious statement, yet it is often overlooked.
How can losses be avoided?
Now that you know how devastating trading losses can be, you're probably wondering how you can avoid them.
However, to begin with, you must understand that losses are a necessary part of your trading. You cannot trade in the financial market without loss. However, they should not be viewed as something bad. Instead, treat losses as a necessary learning experience, not a black mark on your ability as a trader. Think of them as business expenses that are a necessary part of your chosen trading strategy.
Here are some easy ways to cut potential losses.
Trade on the daily timeframe
If you're serious about price action trading, the daily time frame should remain your go-to.
Many traders find that lower timeframes provide more trading setups and therefore offer the opportunity to make money faster. However, this is misleading. Quantity does not mean quality.
The daily chart will not only provide clearer trading ideas, but will also help you be more selective about
Explanation | the US Federal Reserve conference is of great impoAt the Jackson Hole conference, financial markets will keenly watch if US Fed chair Jerome Powell mentions the word taper in his speech and whether US Treasury Secretary Janet Yellen has anything to say on the interlinkages between fiscal and monetary policy
The financial media and markets will be buzzing for the next few weeks over the Jackson Hole conference. It is an important economics conference hosted by the Kansas City Fed, one of the 12 regional Federal Reserves created by the United States government. There is a history of important policy decisions unveiled at the Jackson Hole conference with implications for world markets. Here’s a lowdown.
What is the Jackson Hole?
In 1978, Kansas City Fed started organising an economics conference, and in 1982 moved the conference location to a valley named Jackson Hole (JH) in the Wyoming state. The annual conference has been held in the last days of August for quite some time now.
What is the history behind it?
Jackson Hole started as any other economics conference. The first four conferences were on agriculture, given the importance of the sector in this part of the US. In 1982, it organised the first conference on the monetary policy theme titled ‘Monetary Policy Issues in the 1980s’.
The 1982 conference was attended by then Federal Reserve Chair Paul Volcker, which set a precedent of sorts as most subsequent conferences were attended by the Fed chairpersons/senior officials. In 1982, the conference was attended by eminent macroeconomists and monetary policy scholars such as James Tobin (Nobel Prize in 1985), John Taylor (of Taylor Rule), William Poole (who became head of San Francisco Fed later), and so on.
In 1989, then Fed chair Alan Greenspan also made a speech at the conference. This added to its aura as now it was not just about the attendance of the US Fed chair but also about the remarks/speeches at the conference.
As linkages between monetary policy and financial markets deepened post-1990s, market participants started tracking the Fed chair’s remarks to figure the direction of the monetary policy.
Since 1982, the conference has been held 41 times including the 2021 edition. The theme has usually been around macroeconomics, monetary policy, long-term growth and policy, including the 2021 theme on ‘Macroeconomic Policy in an Uneven Economy’.
In 1990, the conference on ‘Monetary Policy Issues in the 1990's’ had representations from the erstwhile USSR, Czechoslovakia and Yugoslavia, and Bulgaria.
Gradually, the forum was attended by governors and central bankers from major advanced economies in Europe and Asia. This led to the financial markets in these respective economies tracking speeches and remarks from both global central bankers and representatives of their country’s central banks.
What makes Jackson Hole so special?
In many cases, it sets the agenda for monetary policy and shaped star economists.
The 1996 edition raised the importance of price stability. The 1999 edition highlighted the interaction of monetary policy with asset markets.
The 2005 edition was a swansong for Greenspan where his policies were praised only to be tarnished during the 2008 crisis.
The 2007 edition focused on housing and monetary policy where chair Ben Bernanke expressed confidence that the subprime housing markets are unlikely to lead to a crisis only to be proven wrong a year later.
The 2008 crisis led to increased attention on financial stability which was the theme in both the 2008 and 2009 editions.
In recent years as monetary policy has struggled to elevate inflation to the 2 percent target (for the US), there have been discussions on unconventional monetary policy (2013), designing resilient monetary policy frameworks (2016), monetary policy challenges in the next decade (both 2010 and 2020).
In 2020, Fed chair Jerome Powell released a new monetary policy framework named Average Inflation targeting which has become a major discussion point amidst the central banking research community.
The conference even catapulted the careers of economists. The name that comes to mind is that of Raghuram Rajan who had questioned the financial market developments in the Greenspan swansong edition in 2005. Rajan was dubbed a ‘luddite’ then but had the last laugh as the 2008 financial crisis engulfed the world economy.
What should we expect from the 2021 edition?
The theme of the 2021 conference is ‘Macroeconomic Policy in an Uneven Economy’. The global economy has been highly uneven due to the pandemic shock with rising inflation amidst stagnant growth prospects.
Conference watchers will keenly follow this edition as it is expected to be attended by US Treasury Secretary Janet Yellen, and Powell. This is rare as usually, the treasury secretaries do not attend the conference. Yellen is no stranger to Jackson Hole as she was the chairperson before Powell, and has been a chief speaker at the conference. If both attend and speak, it will be interesting as both the guardians of fiscal policy (Treasury) and monetary policy (Federal Reserve) will get together to provide solutions to the uneven economy.
They have to answer some big questions facing the US economy which will also impact the world economy. The foremost question is whether the fiscal and monetary stimulus will continue to remain in the US economy, and for how long.
The financial markets in emerging markets will see if Powell mentions the word taper in his speech and whether Yellen has anything to say on the interlinkages between fiscal and monetary policy.
BTC: Real Life mirror level trading! Tutorial for Beginners!💡A mirror level is a level that price tests as support and resistance several times. It helps to open long or short trades on a test of the level. Usually the mirror levels are numbers like 100, 1000, 50,000, which traders pay attention to. It can also be previous ATHs, important global levels that can be easily identified. Price bounces off of them because a large number of traders pay attention to it.
I have marked 2 global mirror levels for you:
1. $10101
2. $41950
On the chart I have marked tests of these levels. Also, on the chart you can see several short (+63%) and long (+59.7%) trades.
Now I give you 2 tips on how to open a trade using the mirror level:
🔶open a trade with a pending stop order. When the price is testing the level as support you can put a stop order to buy, and when it's resistance you can put a stop order to sell
🔶open the trade after the close of the candle. Once you are sure that the level has held the price as support or resistance you can open a trade
📑Based on the statistics, you can see that longs are more profitable. This is because Bitcoin and cryptocurrencies are growing 80% of the time. But you can calculate the statistics by yourself and consolidate your new knowledge!
🎓Also you can read the basic desription about Real Life channel trading in this educational idea!
✉Friends, if you still have questions about using the mirror level, write the comments or to the DM!
Press the "like"💟 button and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
BTC: identified the bottom with VOLUME PROFILE! How to use it?
As we expected, Bitcoin tested the $37800-39600 zone. But how could you predict this? You have to use the volume profile.
A volume profile is close to horizontal volumes (bottom panel), but using them, you can indicate:
1. value areas(support and resistance)
2. liquidity gaps
This indicator is easy to apply, it is in the left sidebar in the "Prediction and Measurement Tools". You can use it to indicate the value zones in ANY crypto/stocks/currency.
Why does it work? The volume profile is a real value data and that's why the price reacts to it most of the time. Similarly, you can use the DOM and Footprint in real time to track the value zones and reversal points for price. If you have questions about it, write in comments or to the DM!
Right now we expect an upward move on Bitcoin:
1. The price has started to squeeze under the $41400-42700 value zone, which shows buyer strength.
2. Volumes have also increased. BIG VOLUMES=BIG PLAYERS.
3. Short traders who opened trades on the fall will be the FUEL for the upward movement.
Friends, press the "like" button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Bitcoin: 2 trading tips for BEGGINERS!Bitcoin has been in a $30,000 to $67,000 global consolidation for more than a YEAR. You can see on the chart that Bitcoin was down -31%, -36%, -58%, -25%, -52%, -19%. If you use a leverage larger than x2, you could be liquidated multiple times!
Do you want to increase your deposit? Use risk and money management! These are simple rules that help to calculate the risk of your position and the amount of money to buy CRYPTO.
For example, Bitcoin price is $40k and you see a sqeeze under the trend line. Knowing that 60% (6/10) of the time such trend lines break UP, you can divide your capital into 10 parts and buy Bitcoin for 20% of your money with a target of +25% to $50k. That way, the chance of losing your money is minimal (-1-2%) and the profit will be +5% to capital. If you have $10,000, you will earn +$500 per trade. Not bad, don't you think?
In addition, you can also use the short positions, it means to earn on the falls. To do this you:
1. have to understand the basics of trading
2. need to have a desire to study and earnr
This is a short and basic description of risk and money management principles. Trading is easy, but knowing the basics is essential.
If you still have questions how to use the RISK and MONEY management to increase your profitability - write in the comments or to the DM .
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. Always make your analysis before a trade.
BTCvsS&P500! Is volatility the key to SUCCESS?Bitcoin versus the S&P500! Why is volatility so important?
Volatility is always an opportunity for the trader and investor. But what is it?
Volatility is the ability of price to change in % over a period of time. Buying Bitcoin and the S&P500 at the same time close to the lows you would earn +$400 and the S&P500 +$130. The same with short positions. Volatility helps a trader to earn more!
The price of Bitcoin has been very dependent on the S&P500 lately. Bitcoin is down by 52% from its ATH and up by 47%. The S&P500 is down by 14.6% and up by 13%.
Why such different changes in price and how to make money on it? It's all very simple! The total value (capitalization) of the S&P500 is about $40 trillion. The value of all Bitcoins is about $0.9 trillion. Let's imagine that the S&P500 and Bitcoin gained +1 trillion dollars to their value. The S&P500 price would rise by +2.4% ($41 billion) and Bitcoin by more than 100% ($1.9 billion).
I have been in trading for a very long time and I can tell you that your INCOME depend on your skills. If you have a trading strategy, use trading tools, money management and risk management, you can earn more.
Friends, if you still have questions, leave a comment or write to DM!
Friends, press the "like" button and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
⚠️ Read this if you trade ⚠️The impact of the subconscious and emotions on trading with simple solutions.
Why can't we make a profit even though we have a correct analysis of the chart?
Why does the price return from where we sell it?
Why do all those who enter with a small volume make a profit which is also a small one, but when the same one is entered with a large volume, it becomes a loss?
Why do we get scared and sell soon?
Why are we so hopeful when we are at loss, but still close our position in the same situation?
Maybe these and similar questions have arisen for you in your trading, but where is the problem?
Why is it that even though we know everything and predict everything correctly, we still don't make much money?
The answer to all these questions lies in the subconscious. As you know, the subconscious is programmed by us, and an important duty of the subconscious is taking the necessary actions when the conscious is not able to, and these actions are taken according to the plan.
The ones we give ourselves come into being.
The subconscious mind usually appears when we are experiencing emotions (happiness, excitement, fear, anger, sadness, etc.) and takes the necessary actions.
For example, when we make a lot of money, we feel happy, and from here on, the decisions are based on emotions, or when we lose and get upset or angry, and from now on, our decisions are still based on emotions.
So here is the problem.
What is the solution that emotions take the permission to function correctly from us and we can not do the necessary work properly?
In order to solve this problem, we must point out the cases that cause emotions to be extremely dominant and decisions to be sent from the subconscious.
1- No entry strategy: Many only listen to the news for trading, which is certainly harmful, there is news for friends who have no entry and exit strategy, and they are the first group to be easily preyed upon by whales.
What is the strategy? Strategy means selecting an entry, exit, and stop-loss point based on specific techniques and conditions. This is done before entering and opening the position. The problem is that many of us only think about the entry point and we never know where we are going to sell. We just want to sell whenever we go up a little, or we may even have a price for sale, but we do not place an order for that price, and we want to sell whenever it reaches that price.
Rest assured, in the second case, you will never sell at a good profit because the subconscious does not allow it, and a voice in your ear says: it is going up, do not sell!
So strategy in one sentence means knowing what I am doing and to know how much I will gain before I enter a share or cryptocurrency and also if I've made a mistake, how much I will lose.
So if you do this before buying, you won't have to deal with feelings and you will find the correct and logical points to enter and exit.
If you are going to decide what to do after the purchase or when you are at a loss or a profit, be sure that all your decisions are made unconsciously. And you can not have the correct performance and in 90% of cases, your position is closed with a loss.
How to detect a trend and trail an uptrend? How do I detect an uptrend?
In the chart BNB/USDT I am using the Supertrend Ninja indicator, which is a trend-following indicator (Green and red vertical line with arrows).
When the background of the candlestick closes green with an upwards pointing pink arrow. It indicates a possible bullish (up)trend.
The Supertrend Ninja indicator gave only 6 bullish signals for the 2 day chart in 2021. And 2 bullish signal in 2020. Which in my opinion makes each bullish signal very reliable.
It warned about the March 2020 and May 2021 (possible) corrections (big purple down arrows). And also the big uptrend of Dec 2020 (big blue up arrow).
How do I trail an uptrend?
With each trade I make, proper risk management is essential. Either by using the Trailing Stoploss Bottom Activation indicator, visible as orange dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using the Heikin Ashi Trailing Stoploss Activation, the indicator below with green and red blocks. Remember, the first stop(loss) is always the cheapest stop. Using one of these, or both offers me the possibility to ride bigger parts of the trend. Whichever triggers an alert first.
(For completeness, the grey blocks are supports and resistances)
Thank you for reading.
Namasté
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades.
Past performance is no guarantee of future returns.
HOW TO buy shitcoins?Hey guys,
Many people asked me how they can get some altcoins they had in mind (AKA "shitcoins"), so I thought why not publish an idea?
I'll make this short.
There are three main ways to buy these coins:
1. Trust Wallet (PancakeSwap & UniSwap)
2. Enterprise websites
3. Any cryptocurrency exchange provider
Trust Wallet
First, you have to make a Trust Wallet. You can use crypto.com or any other platform you like, but make sure it supports BNB.
Then buy some BNB and then transfer it to your Trust Wallet address.
After your transfer is processed, open your BNB page on your Trust Wallet and then swap it to the Smart Chain (Because you will be using Smart Chain to make your purchases).
Now that you have everything done, you should "connect" your Trust Wallet to either UniSwap or PancakeSwap if you're using an app, or go browse through your Trust Wallet to the PancakeSwap or UniSwap websites to get your desired coins.
That's it. This method is used a lot because most "shitcoins" are not available to buy when they first come out. But you can readily get them on your Trust Wallets.
Enterprise websites
This method is hardly used because it's only relevant when you can't find your shitcoins on trust wallets. After all, they are exclusively launched only and only on their websites. So you only have to connect your Trust Wallet to their website or any other payment method they require.
Any cryptocurrency exchange provider
If your desired coin has been on the market for a while, there's a possibility that you can get it on any ordinary exchange website like you buy Bitcoin or any other coins. So there's not much to explain here as it's pretty obvious how you can make the purchase.
Now let's talk...
Have you used any of these methods? What are your experiences?
Any tricks you got in mind so that we can strategize buying shitcoins based on it?
Comment below!
AUTOFIB/MADRID/SQZMOM - BNB PERPETUAL FUTURESUse Case
Short-term trading, short trading, scalp trading, momentum trading.
Tips for Use
Broader news sentiment should always be present in your activity.
Strictly technical price action and trend analysis.
Focus on price action and always leave room up, or down. Focus on price action that respects Fibonacci with leniency .
Set your stop losses accordingly.
Take shrooms(just kidding).
The Anatomy of a Parabolic TrendIn this educational idea I will explain the characteristics of a Curved Parabolic Trend using the chart of BNB:USDT (Binance Coin: US Dollar Token).
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What is a parabolic curve in a uptrend?
The parabolic curve chart pattern is one of the strongest uptrend patterns a financial asset can have. This type of pattern moves upwards at the fastest and furthest rate of any chart pattern. Each retracement or consolidation is quickly bought up by eager investors as more and more money flows into the market due to excitement.
The parabolic curve is named after the parabola, because the ascending curving trend line used to identify the potential support area looks like a parabola:
en.wikipedia.org
In a Bullish Market Parabolic Trends can often form the smaller timeframe trends making up larger timeframe swings. This pattern creates short term price range bases which are Reaccumulation Phases as described below. These accumulation ranges can form multiple times as it the price keeps going higher.
The price action pattern that creates the parabolic curve looks like a staircase. This pattern can last for weeks or months. The maximum point of financial risk comes in at the end of the formation after the final movement is negated and the price fails to hold the obvious Curved Structure. This usually ends in a price plunge that falls even faster than the price rose initially.
These patterns generally occur on financial assets that are market leaders or up and coming and emerging technologies or products in its sector. One important thing to note when identifying a Parabolic Trend is that the price may go much further then people anticipate leading to sellers rebuying their asset they sold initially due to "FOMO" Fear Of Missing Out, leading to the price to "Stair Step" higher and higher as more and more sellers are squeezed out of the Market, until eventually they regain control and the trend is lost.
The key in trading a parabolic trend is to treat it like a investment, identifying the trend and buying early, capturing as much of the move to the upside as possible until the trend is finally over.
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If you found the idea insightful you can show you support by liking & commenting, Thank you!
See idea linked below: "Market Cycles & Phases" to understand the topic of trend further.
Crypto Untapped Educational Series EP. 1: TrendsIn today's video, we analyze Binance Coin traded against Bitcoin as an example for what trends are & how to identify trends based off lows and highs! Enjoy :)
DISCLAIMER: Investing into cryptocurrency and DeFi platforms comes with inherent risk including technical risk, human error, platform failure and more. Invest at your own risk. None of our content is to be construed as financial advice, we are a cryptocurrency education platform.
Who can make money in this market?The market still has no direction, so no effort to prejudge what point entry, I see is the right signal, break through ma18 again, otherwise wait for macd to form a long trend.
Talking about some of the logic of trading today, which I've repeatedly stressed before, analysis and trading are two levels of things. A lot of people always say they want to make money, but what they do is make themselves analysts.
For example, in business, do you have a special course to study to make money? The so-called money making, is a very broad concept, he is low buy high selling.
No matter what profession you study, what industry you are engaged in, your education, your age, we are all equal in terms of making money, and the threshold is as high. So if you want to make money, not to study that profession, but to understand the logic of making money.
Similarly, when we do financial market trading, don't people who don't know technical analysis make money? On the contrary, many people analyze very well, but they don't make any money. I'm a very good example myself (sneaking).
What you need as an analyst is rationality and rigour. As comprehensive as possible analysis of the market, away from the market can remain sober, not involved in trading to maintain reason.
A person can have both trading and analysis skills, is a real master, but such a rare, Soros, Williams is a top master, but there are a few people think you can match them?
So we look at the big institutions, but also the research team and the trading team separate, is to play their strengths.
In terms of trading alone, it is not difficult. As the martial arts novel says: if you are very fast, you can beat the world invincible.
Trading is the faster decision-making when the market changes, and if you think more, you lose the opportunity.
But before trading, you need to understand the trend, know the trading strategy, set a take profit stop. Whose job is these? Analysts!
So a team, an analyst and a trader all have to have it. But as a small investor, it's hard to build your own team.
If you want to make money, see if you're a highly executive person. If not, advise you not to mix in this "head tied to the waist of the pants" market, it is better to find a safer way to manage money.
If you have the potential of a trader, then the next step is to find a good analyst and keep tracking. Find your own rhythm and trading patterns and take analyst analysis to complete your own trades.
Of course, this is only a theoretical analysis. In the real world, due to our cognitive barriers, we often misposition ourselves. Isn't it? How many people feel they are not a good trader?