Everyone dreams of finding that 100x crypto gem, but if you want to have a fighting chance beyond just buying random coins and praying that one hits, there’s one thing you need to do: master tokenomics. Tokenomics is the key to a crypto project’s price performance, and nearly every 100x crypto gem in history has had great tokenomics. This guide will teach you...
Today, I want to introduce you to another Tap-To-Earn project and see if it is worth your time.
In the previous articles, I explained Notcoin and the Hamster Kombat project. If you have time, take a look at these articles.
The name of this project is Blum .
Please stay with me.
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What is...
Understanding Cryptocurrency Wallets
What is a Cryptocurrency Wallet?
When we think of a wallet, we usually imagine a pocket accessory holding cash and cards. However, digital currencies don't exist in a physical form or specific location. Cryptocurrencies, account balances, and transactions exist on a blockchain.
What is Blockchain?
Blockchain is a term...
Steps to Keep Your Seed Phrase Safe:
Write Down the Seed Phrase Correctly:
Allocate 30-60 minutes in a quiet, private place without strangers or video surveillance.
Use a pen and paper to write down the seed phrase accurately.
Verify the Seed Phrase:
Double-check the spelling and word order to ensure correctness. An incorrect seed phrase will not restore...
Token standards are crucial because they guide developers on creating and using tokens within a particular blockchain protocol, ensuring compatibility and interoperability among products developed using the same standard.
Token Standards
Token standards are essentially a set of agreed-upon rules that outline the design, development, behavior, and operation of...
Hey guys! In this article you will learn about 5 RULES DISCIPLINED TRADERS FOLLOW, let's dive in it!
But before you do so, make sure you follow my page and turn TradingView notifications ON! Let's go!
1️⃣ Follow Financial Plan, Do Not Go All In
A trading plan is a written set of rules that specifies a trader's entry, exit, and money management criteria for...
Hey there, fellow traders! Today, let's dive into the fascinating world of cryptocurrency trading volume. Think of it as our market's fluctuations – a constant flow of transactions across various exchanges. The trend is your friend and the volume is your vision of trading.
What's Cryptocurrency Trading Volume?
Imagine this: as you sip your morning coffee,...
Practical advice for a novice trader
- It doesn't matter what size of the deposit you have, start gaining experience with symbolic sums: $10/50/100, as you gain skills, you can increase the deposit, but be prepared to lose. In addition, with such an initial deposit, the logic of the behavior of market participants will open up to you.
- Do not invest in trading...
Now, through the efforts of a market maker, something similar to the Head and Shoulders can be traced on the chart.
This is drawn in order to lure inexperienced traders who will be trapped into shorts.
However, experienced traders know that a H&S is a reverse setup!
Knowing how to spot traps of the market maker is just as important as knowing how to find your...
In the world of cryptocurrencies there are two types of exchange. CEX and DEX. The graph shows the difference for each one.
What you should know about CEX:
Used to change fiat to crypto and crypto to fiat.
CEXs can block your money without warning for any reason.
The CEX may ask to verify your identity and origin of funds.
Some cannot serve clients...
An educational idea that contains what you need to know about cryptocurrencies if you are new to this world and now that they are a topic to talk about in the world of trading. If you are new this could possibly help you.
1-Don’t go all in
2-Manage your risk
3-Reduce your position size
4-Trade with a strategy that offers an edge
5-Not more than 50% of your wealth in the cryoto market
Things I ask myself before a trade:
1 What's the market structure, range or trend?
2 Where are the major SR areas?
3 Can I lean my stops against SR?
4 Where would opposing pressure come in?
5 How is price moving, chop or clean?
6 Volatility expanding or decreasing?
-be profitable
-Reasonable account size
-be prepared to be incomeless
-spouse that works full time
-Know the timeframe
-know what you want
if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
if u like it press like-comment and folow me.thx
Hey everyone!
One of the biggest ways to increase your risk exposure is to enter a market just a bit too early and catch that last (much needed) sweep of weak hands before finally moving up!
Consolidation breaks provide great Risk-Reward-Ratio, with an impulsive break sometimes declining a second chance with a retest of what was previous resistance now turned...
