Telegram Games==>Share your experiencesToday, I want to talk about Telegram programs or games that are added to their number daily, and share my experiences from these programs or games with you.
I would be happy if you share your opinion or experience with me.
First, the purpose of these programs/games is to introduce the project and their tokens to the users, and for this purpose, they give their own tokens to the users in the form of Airdrop.
Now, let's see what Airdrop means.
What is the Airdrop!?
An airdrop in crypto is when a project distributes free tokens or coins to users' wallets, often as a marketing strategy to promote the project or reward existing holders. Users may receive these tokens by holding a specific cryptocurrency or completing simple tasks.
First, I must say that what has been proven to me in the cryptocurrency market is that the crypto market has had seasons over the years, such as NFT, Metaverse, Memes, Defi, etc. This means that in these seasons, the tokens of each season have increased and received a good reception, and always the first ones in each season gave a good reception and profit to the users, and with the passage of time, their reception decreased, and then it was the turn of scam projects in It has been every season.
I gave these explanations to say that I think we are in the middle or end of Telegram's program/games season. The season began with the BINANCE:NOTUSDT was obtained by tapping to earn and introducing friends. In the Notcoin project, users received good profits.
After the BINANCE:NOTUSDT project, the Hamster game , which is supposed to be listed on September 26 in various exchanges (perhaps the price of each $HMSTR token is equal to $0.01 ), was well received by Telegram users. If the Hamster game is listed at a price of $0.01 in various exchanges, it will disappoint many users because there are few users who have more than 10,000 $HMSTR tokens, and it could be a sign of the end of the season of Telegram programs/games.
How many $HMSTR tokens did you get in Hamster!?
In the coming days, tokens of other games are going to be listed in different exchanges, for example, today the game Rocky Rabbit with GATEIO:RBTCUSDT token was listed in different exchanges, which disappointed all its users.
Now I decided to share my personal experiences with you from some of the trending Telegram games.
Catizen :
Catizen game with BINANCE:CATIUSDT token was listed on 2024 September 20 in various exchanges. Catizen game was the most famous game that was listed in different exchanges after Notcoin, although those who spent money in the game were awarded a good number of tokens, but those who played the game for more than 5 months were awarded a small number of OTC:CATI tokens. which brought the dissatisfaction of the users of this game.
In terms of entertainment, the Catizen game seemed to be boring and time-consuming.
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Rocky Rabbit :
Rocky Rabbit game with OTC:RBTC token is listed in different exchanges today and according to the number of tokens given to users according to the time they spent in the game, it really disappointed its users.
In terms of the game space, the game is very time-consuming, the interesting point of this game was that you had to give 0.5 TON to the game to withdraw your tokens, otherwise 45% of your RBTC tokens would be burned and according to the number of tokens that Users are credited and the price of RBTC token, Rocky Rabbit game is like a scam project in my opinion.
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MemeFi Coin :
Memefi Coin game, which is going to be listed in various exchanges on October 9, 2024.
The gameplay of Memefi Coin is so boring that you have to go through 15 levels. This game has also recently activated in-game payment and you can spend the work of someone who spent several months to go through different levels by paying 23 dollars in one day. I think this game is only looking for income in the last few days.
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There are many games, and if I try to analyze them all for you, you might get tired; let's go to the conclusion.
My analysis of Telegram games is that with the listing of the Hamster game token, we are approaching the end of the season of Telegram games and these games are very weak in terms of entertainment and only take the time of the users and the main winners are the game creators because according to When you play, you will definitely have a low reception, so I advise you to only look at these games as entertainment, although in terms of entertainment, I think these games are of low quality.
And if the Telegram game token is listed, it is better to sell it immediately, because with the passage of time, the price of these tokens will decrease at least for a short period of time, because the users received free tokens and were waiting for the sale of these tokens for several months, and for sure, the selling pressure will be high.
Also, be careful of SCAM programs/games because surely SCAM games will increase as these games become a trend.
In my opinion, the best game that didn't take much time was BINANCE:DOGSUSDT , do you agree with me?
I would be happy to share your opinion and experiences about Telegram programs and games with me in the comments!?
Is there a Telegram game or program that you think has a good future!?
If you can analyze every game below this post like me, this post can be a source for these games.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks
Major
"micro trends" or miniature up trendsniature up trends
Every major trend is going to have one thing in common
A series of higher high and higher lows, or a series of lower highs and lower lows.
Once you understand how to identify these trend patterns and the overall direction of a market, you can catch a move and stay in for a much larger trending move
You can apply this type of setup to intraday and end of day trades.
If you are having a hard time finding the trends, take a step back and look at the major turning points, are they going up or are they going down
A lot of times traders get caught up in the noise of the markets and lose focus, but the market is always going to tell you where it is heading
Do not worry about finding the top or the bottom, we are going for the middle 80%..
That is where the money is at
Once you enter into this type of trend following trade.
You manage stops by trailing them just behind the highest high or lowest low
This will guarantee you stay in trade as long as the trend continues your direction
If a previous high /low is broken, the the market is entering consolidation or reversing
Now that you know how to identify what a trend is, you will start to see"micro trends" or miniature up trends, within the context of major down trend or miniature down trends, within the context of major up trend.
These micro trends often times give us great entry opportunities to jump back in when a major trend resumes its original direction
When you see a short-term series of higher low, higher high, within the context of a major down trend, draw a trend line connecting the lows. When the trend line is broken, you enter short.
When you see a short-term series of lower high, lower lows, within the context of a major up trend, draw a trend line connecting the highs, when the trend line is broken, you enter long.
Trading Major Markets on Margin Part 2
Trading Major Markets on Margin: Part 2
...You need a game plan.
You need a system.
You need stops.
You need to understand true risk management and try to keep it as simple as possible at the same time .
You need discipline.
You need courage to buy when others are selling and to sell when others buying - if the correct signals are present to do so.
You need patience.
You need belief proven by evidence.
You need to test this by paper trading - or at least only trading the Dow for say $3 per point at outset.
If so and you were to decide on risking this amount per point and the stop you used on the Dow was 50 points away then the loss is $150 in this instance if wrong.
Look for trades that have risk/rewards of 3 to 10 times upside to 1 of downside whenever possible.
The upside on the Dow trade from Friday was from 24860 back to the highs and in near term it was back to 25000 - maybe 140 upside and 20 points of risk with a stop 20 lower. Or at 50 points of risk it just about qualifies as a 3 to 1 shot.
The low was 24852 on the futures.
Sometimes it works and sometimes not.
It really hurts to get stopped out and then the trade goes the way you originally thought it would.
Really hurts. More than being plain wrong usually.
But it will happen nevertheless.
On the other hand you could have got long around 24641 on Thursday and have closed out at 25000 yesterday for 360 points profit = $1080 profit before 2 points in costs.
The risk was between 20 to 50 points on the stop, so between $60 and $150 at $3 per point - so you know what you you stand to lose before the trade is initiated.
When you test it 20 times with small small numbers and see it works - or it doesn't - you can decide on whether you have a system of trading bigger numbers or not.
When you do, you can start to compound wins and losses and keep dividing total risk on ANY single trade to 5% of the total bank, 1/20th of the total bank.
If you did this with the Dow as above, (when tested to satisfaction first!) and you staked $1k with 50 points of stop it means $1000 divided by 50 points = $20 per point x 360 = $7200 profit.
For $1000 of risk.
The 20k is now worth $27,200.
Now you compound it and trade 5% of this on the next trade.
It takes less than a year to turn 10k into 1m if you can be bothered and disciplined enough.
You only need to be right half the time if the risk reward is right to begin with.
Go do the math...
There is no right way to trade. Just the one that suits your own profile and time considerations best.
This is just one way. It does work though, most of the time : )
Be lucky, whichever way you choose.
Trading Major Markets using Stops and Margin: Risk/Reward RatiosTrading Major Markets 1 of 2
You've probably already learned a lot through trading Bitcoin.
Those skill-sets are super scalable.
Often am in too much of a hurry to cover other markets to have time to lay out stops and risk reward ratios - hoping that you're experienced enough to work them out for yourself when I miss doing them- which will be quite often in fast markets.
There just isn't time except at weekends to cover things from a newbie's perspective.
This analysis is meant to be for more experienced traders really.
But for newer traders this is one way of trading technical signals. It isn't fool-proof. No system is.
But it works well across multiple markets if used with discipline, and without emotion.
But please don't believe mere words.
If it interests you please test it first.
20 times.
Calibrate your rifle sights/stops as per the pinned message at top of crypto pages and test tolerance levels of stops given.
It will never be perfect though.
We don't have to be either.
Just close enough...
Wave Trading and Wave Counting
Don't really see where Elliott 'waves' figure in the great scheme of things or at the micro level either.
Would like to. But have little evidence usually.
But If Elliott floats your boat and you can trade off it that's great. Please share if so ; )
In the meantime smaller time scale signals are there to be traded. And if we trade them with stops and a system that works more often than not we can make good returns on half and more of the positive trades and yet limit losses on the ones that don't work out as planned.
And by trading smaller moves we become part of and merge into the longer term. It's more fun to ride the smaller waves - they too become part of the bigger wave anyway.
And if we can see a good Elliott wave amongst the noise all the better. If so, share it dude!
Until then, if you can SEE that the stop is very close or ideally that price is right on it (limit down as with FB last week for example) then it's a SPECULATIVE buy with a stop close underneath the level given.
It's 'speculative' because we don't know that this will be the bottom.
In this respect 'breakouts', though still speculative, are less so than buying lows. We all want to do the latter: the buy low sell high mantra didn't make it to market mantra-hood by coincidence.
But lows can be more difficult to spot than breakouts, which no one misses really.
For example with the Dow recently it was around 20 to 50 points of stop if you were buying the dips, (see global markets link at top of main page)
Some will just leave orders in the market with a decent stop - say if looking to buy the Dow within 10 or 15 points of a given level (cannot expect to be bang on every day, you know that already) - they leave the order to strike or not and then use a stop at least 20 lower on Dow and maybe 50 at most. And some stick in a limit order too at the same time as the stop.
Sometimes it works well.
Sometimes it never gets struck.
And sometimes it's a big fail and we get stopped out for 20-50 points on the Dow.
It takles a lot of the emotion out of the equation. Not all of it. But a lot of it.
And if you can work out the RISK in points you can then work out potential rewards too.
Then it becomes possible to divide your total bank into 20 - so 20k total bank for ease of explanation = 20 trades or bets of $1000 each at a maximum - for this is effectively what we are doing... Betting that our call is better than the market's call at that moment in time compared to some future moment in time.
We don't have to be right much more than 50% of the time though we all want to be.
If we can be stoical/philosophical about losses and wins and tread the line without thinking either we're too clever or too stupid we stand a better chance of handling the inevitable losses when they come.
To think you're Billy-whizz of the markets and then discover you're not is way more disheartening than
never thinking that crap in the first place...
Part 2next
Structures: Minor into a major.Just take a minute and study this chart.
Price has often the tendency to morph from a minor structure into a major one.
However, there are similarities and we can find them out by understanding the connections between the movements of price.
Study the chart peace by peace and you will learn more then if you read a new book about a new trading setup...
P!
...if you like what you see, how about learning how the Pitchforks work? Take my free ForkTrading BLUEPRINT course. Just register and you're good to go. Happy learning!
ALL EYES ON MEIf you look at nearly any other coin, you’ll see it trading sideways for the last several days. That’s because the entire crypto market is holding its breath, waiting to see if BTC will break through its $11k resistance point (solid red line). There’s no need for an analysis at this point…
…let’s see what happens, shall we?
Indicators:
Dotted green line: We have a well established support trend.
Dotted red line: Estimated resistance trend.
Dotted gray lines: In case the current resistance trend is wrong.