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The Famous Monkey Story in Every Markets!The Famous Monkey Story in Every Market! Once upon a time, a rich man from the city arrived in a village. He announced to the villagers that he would buy monkeys for $100 each. The villagers were thrilled, as there were hundreds of monkeys in a nearby forest. They caught the monkeys and brought them to the rich man, who paid $100 for every monkey they gave him. The villagers began making a living by capturing monkeys from the forest and selling them to the rich man. Soon, the forest began to run out of monkeys that were easy to catch. Sensing this, the rich man offered $200 for each monkey. The villagers were ecstatic. They went back to the forest, set up traps, caught more monkeys, and brought them to the rich man. A few days later, the rich man announced he would pay $300 per monkey. The villagers started climbing trees and risking their lives to catch monkeys and bring them to the rich man, who bought them all. Eventually, there were no monkeys left in the forest. One day, the rich man announced he would like to buy more monkeys, this time for $800 each. The villagers couldn’t believe their luck. They desperately tried to catch more monkeys. Meanwhile, the rich man said he had to return to the city for some business. Until he returned, his manager would handle transactions on his behalf. Once the rich man left, the villagers were unhappy. They had been making quick and easy money from selling monkeys, but now the forest had no monkeys left. This is when the manager of the rich man stepped in. He made an offer the villagers could not refuse. Pointing to all the caged monkeys, he told the villagers he would sell them for $400 each. They could sell them back to the rich man for $800 each when he returned. The villagers were over the moon. Buy for $400 and sell for $800 in a few days—they had found the easiest way to double their money. They collected all their savings and even borrowed money. There were long queues, and within a few hours, almost all the monkeys were sold out. Unfortunately, their happiness did not last long. The manager went missing the next day, and the rich man never returned. Many villagers kept the monkeys, hoping the rich man would come back. But soon, they lost hope and had to release the monkeys back into the forest, as feeding and caring for the noisy monkeys became extremely difficult. This is exactly what happens when you buy low-quality companies in the stock market. There will be a low-priced stock that no one is interested in buying. A few rich men will suddenly start buying it. The stock price will rise because there are suddenly many buyers and very few sellers—a classic case of huge demand and no supply, like the monkeys in the forest. The stock gets plenty of coverage on business channels and newspapers. These rich men will also use tricks like sending out bulk SMS messages, asking people to buy the shares for huge returns, and giving free tips. New and inexperienced investors, hoping to double or triple their investment, get lured in. Finally, the big players who bought the stock early when no one wanted it sell it back to inexperienced investors at high prices. Don’t be greedy—there is no quick money in the stock market or in life. It takes time and effort to become wealthy, and there are no shortcuts. Hit that like button if you like the story. Follow my profile for more content.
Education
by CRYPTOMOJO_TA
12
#ETH forming this massive falling wedge!Taking a look at the #Ethereum daily timeframe, we are still potentially forming this massive falling wedge pattern because as of right now, the price has not yet confirmed the break either below the line or above its resistance line. The line of support is sitting at around 2890, so also right around that 2.9K level, which is an important level on the chart, and this resistance is sitting at around 3K, which is the level we need to confirm a breakout above in order to confirm the bullish price target for this pattern. Stay tuned for updates. #cryptocurrency CRYPTOCAP:ETH BINANCE:ETHUSDT
by CRYPTOMOJO_TA
#AIPAD Looks good to accumulate!#AIPAD/USDT ABOUT AIPAD AIPad, a groundbreaking Launchpad for AI and cryptocurrency, aims to revolutionize the crypto sphere with cutting-edge projects leveraging AI. From self-driving cars to healthcare, AI is reshaping industries and enhancing our lives. With its innovative lineup, AIPad is poised to make a significant impact on both AI and crypto realms, aligning with Mark Zuckerberg's vision of limitless AI potential. Our strategy is to accumulate the coin on every dip. This means that when the stock price experiences a temporary decrease or correction, you are taking advantage of the lower prices to increase your position in the coin. This approach is based on the belief that the overall trend of the stock is positive and that buying during dips could lead to potential profits when the price rises again. You highlight the relatively small market capitalization of $15 million for #AIPAD, which could be seen as an opportunity for growth, especially in challenging market conditions. Smaller market cap stocks often have the potential for higher volatility and greater price movements. The accumulation zone for AIPAD is up to $0.13. #DYOR $AIPAD KUCOIN:AIPADUSDT
Long
by CRYPTOMOJO_TA
Trading Strategy for #DAO/USDT Amidst Falling Wedge Breakout and"📈 #DAO/USDT Chart Update: Breakout from Falling Wedge, Retest Underway 🚀 The DAO token has recently broken out of a falling wedge pattern, signaling a potential reversal and bullish momentum. Currently in the retest phase, this presents an entry opportunity for traders. 🔍 Entry Strategy: Planning to buy at the current market price (CMP) and considering additional purchases at 1.09$ during the retest. 🎯 Targets: TP1: 1.26$ TP2: 1.33$ TP3: 1.5$ TP4: 1.8$ 🛑 Stop Loss (SL): Set at 1.0292$ to mitigate potential losses in case of adverse price movements. It's crucial to emphasize the importance of conducting your own research (DYOR) before making any trading decisions. This information is provided for analysis purposes and not as financial advice. Stay informed and trade responsibly! 🚀"
Long
by CRYPTOMOJO_TA