SHIB some educational point for investors (educational)Hello and greetings to all my valued followers and crypto enthusiasts. In this IDEA, I aim to provide some educational points and overview of the SHIBUSDT’s position. 🙌🐋
The SHIB token is one of the loudest tokens in the crypto market over the past few years, especially during the peak of the crypto market. It was a time when many investors flooded into the market, and this token experienced a significant explosive price increase.
It had a large community and a very powerful tool known as media, which resulted in a massive influx of capital over a few months. Buyers at various levels and stages were purchasing this token, and their wallets saw beautiful positive green numbers, realizing substantial profits. However, before they could withdraw these profits, just like what happens to most of these upward explosions, they fell into doubt and uncertainty.
This capital, like layers of sedimentary rocks formed at the bottom of the sea, became trapped and stagnant in the same purchased assets.
As I mentioned, contrary to the potential this token has, it has fallen into a deep sleep, and to emerge from this slumber, a new influx of capital is needed. Nevertheless, it still holds great potential for growth.
The point I want to emphasize today, or rather share from my personal experience, is to sometimes embrace the events that occur in life and give a new color to your path with this acceptance. Financial markets, much like life, embed the psychology of human beings in every layer.
If you encounter failure or loss, stopping your losses at any moment is a golden win for you. I’ll keep my words short to have a deeper impact on you; just think carefully about my words and don’t repeat my past experiences.
Now, I’ll provide a brief summary of the upcoming trend for the SHIB token: the price of this token is currently experiencing a range and calm cycle similar to most market trends, and with a new influx of capital, we can expect a good price increase.
Summary: learn to accept your mistakes and cut the loss as soon as possible, don't steak to your pleasant moment happened in the past and respect this as well in crypto market too.
Thank you for your attention. If you have any questions or comments, I’m here to respond to you. 🐋💡
Eduacational
"Forex vs. Indices: Which Market is the Right Fit for You?Forex and indices are two popular investment options for traders. While both markets have their own unique features and advantages, it can be difficult to determine which one is better. In this blog post, we'll take a closer look at forex and indices to help you make an informed decision.
Forex, or foreign exchange, is the market where currencies are traded. It's the largest financial market in the world, with an average daily trading volume of over $5 trillion. Forex trading offers high liquidity, low transaction costs, and the ability to trade 24 hours a day, five days a week. This makes it an attractive option for traders looking for flexibility and diversity in their portfolios.
On the other hand, indices are a measure of the performance of a group of stocks in a particular market. Indices are often used as a benchmark for the overall health of an economy or sector. Trading indices allows investors to diversify their portfolios across multiple companies and industries, reducing the risk of investing in individual stocks.
One of the key differences between forex and indices is the level of volatility. Forex markets can be highly volatile, with exchange rates fluctuating rapidly in response to global events and economic data releases. This can make forex trading exciting and potentially lucrative, but it also increases the risk of losing money. Indices tend to be less volatile than forex, which can make them a more stable investment option.
Another factor to consider is the level of knowledge required to trade in each market. Forex trading can be complex, with a steep learning curve. Traders need to understand technical analysis, economic indicators, and geopolitical events to make informed decisions. Trading indices, on the other hand, is often simpler, as investors can focus on the overall performance of the market rather than individual companies.
In conclusion, there is no straightforward answer to the question of whether forex or indices is better. Both markets have their own advantages and disadvantages, and the best choice depends on your individual investment goals and risk tolerance. It's important to conduct thorough research and seek professional advice before making any investment decisions
BTC/USD - Why Most People Lose In Trading – The Traders MindsetHello Traders,
In this article, we want to talk about some educational stuff because we see so many people losing in trading.
How many months or even years are you in trading? 2 months? 6 months? Or even a year or more? Most of you out there who read this article might try to find out why they make the one-day profits and the other day lose it all again. We did a lot of research on this topic and wanted to provide you all the reasons why YOU still not made it so far in trading.
Let us start.
For this question, we want to bend a bow and try to start at the foundation why people start to trade. Most of you out there started with trading for a simple reason: to make tons of money. The prerequisites are low to none! You simply need to open a trading account watch a few YouTube Videos on trading and et voilà you are a trader, right? Well if that would be the case, we would all lay right now at the Bahamans with a Whiskey and relax life as a rich person but trading is so much more.
Unfortunately, when money comes into play as a tool to make even more money, then usually psychological factors and barriers come into play and glare us to make bad decisions. We want to share with you now some facts that might interest you and where you possibly see yourself as well.
Did you ever heard about the 90-90-90 rule? – Well, this rule is often concealed by Brokers when you open an account. But it is true! 90% of the traders lose 90% of their capital within 90 days! – It sounds crazy, right? Like 90% of all traders lose almost all their capital in this short time!
This cannot be true, right? – Unfortunately, it is. Now let us explain why. Well, the objective here in the financial market is clearly defined. – Achieving profits. So, every winner faces a loser on the other side! We need to understand that first in terms of understanding the profits and losses!
Basically, the truth is that we will have to deal with losses sooner or later again and again. And that is the problem for new traders! An unsuccessful trader can NOT deal with losses! They tend to exaggerate with their emotions once they face a loss.
Why is it like this? – Well, by losing money you have earned so hard, we become emotional. Simply, a rising account puts us in joy and euphoria. Whereas a falling account will put us in scare.
If this case applies to you, you need to learn and apply the ability to control your emotions and concentrate on the substance. This will bring us into an advantageous position.
We simply want to provide you an example, which you might be reflected with:
Our risk behavior changes depending on our profit series. For instance, you win 3 or even 4 trades in a row and booked, let’s say, 2 percent from each trade, you made an overall profit of 6-8%. Then our subconscious mind starts to think riskier because we suddenly think that things going well and seems to be quite simple. On the other hand, a series of losses will paralyze and confuse us. We try to get away from these circumstances as quickly as possible without thinking rationally. We become impatient and in the end, lose our objectivity! And this frame of mind could fast become a doom loop!
You rather need to think like a professional! That is:
Preparing for the market
Preparation for the trade
Have rules and strategies that work
Know that the market is ALWAYS right
Never gamble! We are NOT in a casino. This knowledge will give us a huge trading advantage!
Obviously, there is a lot more to talk about but this will give you a short introduction of the right traders mindest.
Hope that helps.
Cheers