Navigating the Altcoin Landscape in 2024 In the ever-evolving world of cryptocurrencies, identifying altcoins with the potential to deliver substantial profits is an art that demands a keen understanding of market dynamics. This comprehensive guide aims to equip you with the tools and insights needed to spot the most robust altcoins poised for success in 2024....
Hello TradingView Family, Lately, I've been contemplating the fascinating parallels between trading and running a business. 🤔 It's intriguing how both these worlds share common ground, and I wanted to share my thoughts with you. 📜 Trading Plan as the Blueprint: In the business of trading, a well-crafted trading plan serves as the blueprint for success. Just as...
Navigating the world of cryptocurrencies can be like embarking on a treasure hunt, and today, we'll discuss the art of finding robust altcoins. AVAX and INJ serve as excellent examples of how to identify strong performers. Comparing AVAX with Bitcoin: When searching for strong altcoins, it's crucial to compare their performance against the market leader,...
Hey tradomaniacs, ever since I`m in this business I see posts about "Profit in pips" and how important allegedly pips are. I can tell you... this is non-sense unless you trade the same PAIR with exact the SAME Risk-Reward over and over again! In this post, I want to clarify and show you that it is absolutley senseless to count the profit in pips as it says...
Dollar cost averaging. You probably heard about this strategy, but what does it mean in practice? And which type of dollar cost averaging strategy is the best? In practice it means buying Bitcoin, stocks, commodity and so on every week or month at the monday, sunday, at the start of the month or at the end, not caring about the price. You can also choose...
This is a great visual of the correlation between these assets. One could argue the 10Y-Note emulates Gold better than Silver does.
BATTLE OF THE SUPERTRENDS Here is an interesting comparison of many of the Top "Supertrend Strategies" that are published here on Tradingview (Including my own: "SUPER SMART ST") . Please note that all test shown here were done using Heikin Ashi candles, which seem to improve Supertrends functionality ... 15 MINUTE (BTC/USD) COMPARISONS ONE HOUR...
I've been fascinated that the price of Bitcoin was recently hovering at about 3 times the price of Gold (before the recent set back). And now that Bitcoin seems at risk of dying, I'm wondering about its value in relation to its characteristics. So I decided to compare Bitcoin against Gold. I generated the above based only on my knowledge. I can't say that...
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
"What just happened?" Is the most common question people is asking their brokers. The answer: Nobody knows exactly. The market just crashed like in 2015, 2011 and 2010. Here is a comparison of the latest 3 flash-crashes: 18 August 2015 1 August 2011 6 May 2010 Even while past data suggests a price bounce, bear in mind that the sell-off could...
BTC and BCH charts mirror eachother strongly which shows that people are trading one coin for another to multiply their holdings. Yet Despite BTC's recent growth BCH seems to be holding it's price quite well which means not everyone is dumping their BCH for BTC. Although the price gap between the pair seems to be widening perhaps BTC's growth also helped BCH's...
Stellar Lumens vs, Ripple Comparison