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Cryptomarket

From Zero to Hero: The Art of Finding Winning Crypto Projects!!!Hello there, fellow traders👨‍💻! As a trader, I know that choosing the right crypto project to invest in can feel like navigating a sea of uncertainty. But fear not mateys😎! Today, we will set sail on a journey to discover the best crypto projects.😉 I will examine critical factors to help identify the most promising crypto projects💡. But I won't be venturing blindly into the unknown. Oh no, I have a trusty checklist for each crypto project to guide us on our quest. I give a score from 1 to 10 for each factor. With this checklist in hand✅, we will be able to evaluate each crypto project based on essential factors(But I must say that the ✨ starred factors ✨ are more important in our checklist). So let's dive into the factors. Founders ✨: The founders' vision, expertise, reputation, leadership, and decision-making abilities are essential to a crypto project's success and sustainability. Project's Goal ✨: The project goal is a critical component of a crypto project that defines its purpose, attracts investors, guides development, and measures success. Source Code ✨: The importance of source code in a crypto project lies in its ability to determine its functionality, security, and transparency. Access to source code enables security experts and auditors to review the project's security measures, identify weaknesses, and recommend improvements. Open-source projects promote transparency and accountability, building trust among stakeholders. Also, new commits submitted to the project can be analyzed through the project's repository. Token Inflation Rate ✨: The importance of a crypto project's token inflation rate lies in its impact on the token's value, liquidity, and long-term sustainability. A high inflation rate can decrease the token's value and liquidity, while a low inflation rate can promote token scarcity and sustainability. White Paper Analysis ✨: The importance of a whitepaper in a crypto project lies in its ability to communicate the project's vision, value proposition, and technical specifications to investors. It is a marketing tool, technical specification document, project blueprint, and credibility establishment tool. Community ✨: This is a significant factor when analyzing a crypto project. Community in a crypto project provides the ability to support the project's growth, adoption, and sustainability. A strong community can promote adoption and awareness, provide feedback and insights, offer support and resources, and promote the project's values and mission. Tokenomics : Can determine the token's value, utility, and sustainability. Tokenomics can help balance token supply, demand, and circulation, design token utilities that incentivize user participation, and regulate token supply to promote. Developers : They play a crucial role in a crypto project, as they are responsible for designing, building, and maintaining the project's software and infrastructure. The importance of developers in a crypto project lies in their ability to ensure the project's functionality, security, and scalability. Developers are responsible for designing, building, and maintaining the project's software and infrastructure, promoting innovation and creativity, and promoting the project's vision and values. Venture Capital (VC) Investors : The importance of VC investors in a crypto project lies in their ability to provide the project with funding, expertise, and connections to help it grow and succeed. VC investors can help the project overcome challenges, expand its reach, and promote its legitimacy and credibility. Competitors : Comparing a crypto project to its competitors is essential to understand its strengths and weaknesses, assess its potential for growth and profitability, identify any potential risks, and evaluate the project's unique features. These factors are critical for making a well-informed investment decision in crypto. 👆According to the factors mentioned, getting lost in this sea is challenging.👆 With this map or lantern, you will find your way to the safe shore and the treasure.💎 Warren Buffett once said, "Risk comes from not knowing what you're doing." In today's ever-changing financial markets, staying informed and making well-informed investment decisions is more critical than ever. So hoist the anchor and embark on this exciting adventure together.✌🏻 With this checklist and knowledge, you'll be able to navigate the treacherous waters of the crypto market and find the projects that will lead you to the ultimate booty - success! 🙏🏻😍 Share your ideas with me💡, and if you have any questions❓, you can ask in the comments.💬 Learn and always stay updated📚. Don't forget to invest what you can afford to lose.💸 Discretion is the greater part of valor.🤗
Education
by pejman_zwin
10
Uncovering Wyckoff Accumulation Secret PatternWyckoff Accumulation & Distribution is a trading strategy that was developed by Richard Wyckoff in the early 1900s. It is based on the premise that markets move in cycles and that traders may recognize and use these cycles. In accumulation phase Wyckoff strategy involves identifying a Trading Range where buyers are accumulating shares of a stock before it moves higher. This allows traders to enter into positions at lower prices and benefit from the eventual price increase. Wyckoff Accumulation is an effective way for traders and investors to gain on market movements and make profits from their trades. The Wyckoff Trading Ranges feature a chart pattern called Descending Wedge. This pattern involves two trendlines, one falling and one rising, which converge to form a wedge shape. This pattern indicates that the price of an asset is likely to break out in the direction of the falling trendline. In my understanding, "Continuous Weakness" means a shift away from selling towards buying. Sellers fail to hold the pressure, so buyers take the lead leading in D,E: MARKUP phases. Kind regards Artem Shevelev Please check out my older Education Ideas Consider put like and follow my page for more updates)
BITSTAMP:BTCUSDEducation
by ArtemFuturesTrading
3
Common Reasons Why Traders lose Money Even in an UptrendHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice. Common Reasons Why Traders Lose Money Even in an Uptrend #Not Setting Stop-Loss: #Not Conducting Technical Analysis: #Going against the Trends: #Following the Herd: #Being Impatient: #Not doing Homework or Research: #Averaging on Losing Position: Buy low sell high' is the motto. As simple as it sounds, why do most people lose money trading or investing? There are four major mistakes that most beginners make: 1. Excessive Confidence This stems from the idea that people think of themselves as special. They think they can 'crack the code' in the stock market that 99.9% of people fail to, and eventually make a living trading and investing. However, taking into consideration the fact that more people lose money in the market, this form of wishful thinking is the same mentality as going into a casino feeling lucky. You may actually get lucky and win big the first few times, but in the end, the house always wins. 2. Distorted Judgements While simplicity is key, the approach most beginners make in trading and investing are too simplistic, to the extend where it's hard to even call it a trading logic or reason to invest. They spot a few reoccurring patterns within the market, and this is almost as if they discovered fire. It doesn't take long to realize that the "pattern" they spotted was never based on any solid reasoning, or worse, wasn't even a pattern at all in the first place. 3. Herding Behavior The fundamentals of this is also deeply rooted in a gambling mindset. Beginners are attracted to the idea of a single trade or investment that will make them a millionaire. However, they fail to realize that there is no such thing. Trading and investing is nothing like winning the lottery. It's about making consistent profits that compound throughout time. While people should definitely look for assets that have high liquidity and some volatility , the get-rich-quick mentality drags irrational beginners into overextended/overbought stocks that eventually drop drastically. 4. Risk Aversion Risk aversion is a psychological trait embedded within all of mankind's DNA. Winning is fun, but we can't tolerate losing. We tend to avoid risk, even when the potential reward is worth pursuing. As such, many beginners take extremely small amounts of profits, in fear that they might close their position at a loss, trading with a terrible risk reward ratio. In the long run, their willingness to not take any risks leads to losses. Depending on the price action, they also go through seven phases of psychological stages: - Anxiety - Interest - Confidence - Greed - Doubt - Concern - Regret ------------------------------------------------------------------ Lack of Discipline An intraday trader must stick to a proper plan. A full-fledged intraday plan includes profit targets, factors to consider, methods to put a stop loss, and ways to select the right trading hours. The trading plan provides a comprehensive overview of how trading should be executed. Also, you can keep a record of trades executed during the day with the performance analysis of each stock at the end of the day. Such records help you identify the weak areas in your trading strategy and correct them. It is very important to be disciplined as a trader, the proper discipline will help you minimize the losses and maintain your capital. Not Setting Proper Trading Limits In intraday trading, the success lies in managing the risk. You should pre-define a stop loss and profit target when entering intraday trading. This strategy itself is an important part of trading discipline and this is where most people fail. For instance, if you incur a loss in the first hour itself, you should shut down the trading terminal for the rest of the day. You should also have an overall capital loss limit in place, it will safeguard you against trading losses. Compensating for a Rapid Loss This is one of the common mistakes in the trading community. When a trader incurs a loss, he/she either tries to average a position or overtrades excessively to recover the loss. This further leads to a greater loss and put them into more trouble. Losses are a part of intraday trading, instead of overtrading, it is wise to accept the loss, analyze the strategy and make improvements from the next day. Heavy Dependency on Tips Nowadays, there are ample of intraday tips flowing everywhere on the digital media. It is a common phenomenon for a trader to rely on these external tips, however, this needs to be avoided. The best way to learn intraday trading is by gradually learning how to read charts, understanding structures, and interpreting results on your own. Many traders refrain from taking these efforts and because of this, they end up on the losing side. The Beyond App by Nirmal Bang provides deeper insights into the market, the technical research offered by Nirmal Bang is spot on. You can use that research for reference, however, nothing can beat practical experience. Not Keeping Track of Current Affairs The external news, events, and tragedies do have an impact on the stock market. Hence, it is important for an intraday trader to keep a track of the Indian as well as global markets. Even the performance of global markets has an impact on the movement of Indian markets. Make your trade after the news or event has been announced, do not try to speculate the market based on the news. There are even instances when traders do not have any sound trading strategy, they just make decisions based on gut feelings or emotions. One needs to remember that intraday trading in itself is a skill, it is not a gamble, it takes time to develop proficiency, you cannot expect rapid results. The above are some of the major reasons why intraday traders lose money, ensure that you are disciplined enough, stick to a proper strategy, analyze your strategy at regular intervals, and things will fall in place. This chart is likely to help you make better trade decisions if it does consider upvoting it. I would also love to know your charts and views in the comment section. Thank you
Education
by CRYPTOMOJO_TA
2
why DCA is the best strategy for trading?Today I’ll be talking about what is Dollar Cost Averaging (DCA) and how is it used in trading. i will also shine a light on what importance it holds What is dollar-cost averaging (DCA): It is an investment strategy in which you invest a fixed small amount of money at regular intervals. This allows you to take benefit of a market bearish without risking excess funds Allowing you to keep up with greater liquidity and take benefit of market bullish. let's show that with examle : Let's imagine that there is a person called Cecilion and he invests in filusdt with a fixed amount of $ 20 every month. let's imagine the price of that currency in March was $ 5 Then Cecilion will have 4 pieces of filusdt in March. And in April, the value of filusdt fell to $4, and Cecilion bought it for the same amount ($20) to have 4 + 5 = 9 pieces of filusdt in april. And in May, the value of filusdt fell again to $2, and Cecilion bought it for the same $20 , so that he owned 4+5+10 = 19 pieces of filusdt in May. And in the following month, the price of filusdt raise to $10, and Cecilion bought it for the same $20, so that he owned 4+5+10+2=21 pieces of filusdt in June. let's do some math to show the efficiency of this strategy: - Cecilion invested $80 in 4 months and owned 21 pieces of filusdt to be The average purchase price is 80/21 = $3.8 - Let's imagine that Cecilion did not use this strategy and bought filusdt for $80 at once in March when its price was $5 Then a cecilion would have 80/5 = only 16 pieces of filusdt instead of 21 pieces. hope this article was useful to you and appreciated ur support with likes , comment and follow for more.🎯
Education
by ceciliones
23
Traders and Gamblers: Know the main differences!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice. We are gonna go through 6 crucial points and elaborate how traders are different from gamblers. 1) As a trader, one’s aim is to focus on the next 100 trades instead of the next 10. Long-term success, profitability, and consistency are two of the main things traders should target. However, a gambler’s wish and desire is to make quick money. 2) A successful trader/investor has a backtested trading plan that he sticks to and optimizes along the way, adapting to changing market conditions. On the other hand, gamblers like to trade based off what other people think and tweet, or by simply opening a random Buy/Sell position and hoping it plays out successfully. 3) Profitable traders always diversify their portfolio and risk no more than 1-2% per trade. On the contrary, gamblers go “full margin mode” on a single trade without setting a Stop Loss and end up blowing their accounts and blaming the markets. 4) Chasing markets and rushing the process is not what real traders do. Instead, they follow their plan and wait for the price to play out and match their entry criteria before executing. Nonetheless, gamblers like to overtrade, open positions based on nothing, make biased decisions. 5) When enduring a loss or two (or three), traders neither get emotional nor try to revenge the markets. They know that if they obey risk management principles and open high risk-to-reward positions, they will cover all their previous losses and get back to making profits. Gamblers, on the other hand, get angry and start attempting to revenge the market by making foolish decisions and entering many illogical trades. 6) Last but not least, if you want to be successful and profitable in this field, you have to treat trading as a business and take things seriously. Those that think markets are a playground or a casino machine will never succeed in this space. Gambling vs Trading Gambling involves staking on the occurrence of an event that has an uncertain outcome for winning. For an action to be considered as gambling, three prerequisites must be present; the stake, the risk involved and the prize to be obtained upon the occurrence of the event. Gambling has existed since records began. Early gambling involved six-sided die in Mesopotamia in 3000 BC. Around the 9th century, playing cards made their entrance, giving birth to the modern card games we know today. Over the years, gambling has taken several shapes and forms such as sports betting, parimutuel betting, and the gamut of casino bets. Trading on the other hand, involves the buying and selling of financial instruments like cryptocurrencies, stocks, bonds, derivatives amongst others. There are several types of trading such as high-frequency trading, day trading, etc. each of which has its pros and cons. Historically, the trading of financial instruments began in the 17th century after merchants banded together to form joint-stock companies. In 1602, the Dutch East India Co. issued the first recorded paper shares, allowing for the trading of stocks. This revolutionary concept spread through the world, leading to the creation of exchanges such as the London Stock Exchange which was founded in 1773. This chart is likely to help you make better trade decisions if it does consider upvoting it. I would also love to know your charts and views in the comment section. Thank you
Education
by CRYPTOMOJO_TA
4
The Simpliest Math Behind Every Succesful TraderWhat exactly is risk management? The ability to control your losses so that you do not lose all of your equity is referred to as risk management. This is a system that may be applied to everything that involves probabilities: trading, poker, blackjack, sports betting, and so on. Many inexperienced traders underestimate the significance of risk management or don't understand the basics when it comes to risk management. Would you risk $5,000 on every trade if you had a $10,000 trading account? Probably not. Because it only takes two consecutive losses in order to lose everything. 🧠 Now, let's imagine a thought experiment, in wich 🤩Alex and 🤨Peter are both traders with $10,000 in their accounts. Alex is a high-risk trader who puts $2500 risk on every trade. Peter is a cautious trader who puts $100 risk on every trade. Both apply a trading strategy that has a 50% success rate with an average risk-to-reward ratio of 1:2. For good example, let's imagine the next 8 trades had the following results: 4 losing trades in a row 4 winning trades in a row Here is the result for Alex: -$2,500, -$2,500, -$2,500, -$2,500 = -$10,000 Loss of the total account 😭😭😭😭 Here is the result for Peter: -$100, -$100, -$100, -$100, +$200, +$200, +$200, +$200 = +$800 Profits. 🏆 🏆 🏆 🏆 Can you tell the difference? See how risk management show the difference between being a profitable or losing trader. Peter managed to recover losing trades, and get into good profits after 8 trades. Alex didn't survive 4 trades... 🚨 You might have the finest trading strategy in the world, but if you don't manage how much you lose, you'll lose it all. It's only a matter of probability and time. However, following this basic example will assist you to make your trading more profitable. Simply give it a shot. Kind regards Artem Crypto Follow, Like and Share are appreciated! Take a look at my other Educational ideas below:
INDEX:BTCUSDEducation
by ArtemFuturesTrading
12
Why Layoffs may be a good thing for Bitcoin and Crypto SummerQ. “Can layoffs in the Crypto space be what's needed for the next Crypto-Summer and Crypto Boom?” A. While layoffs are never pleasant for those affected and for the price, I do believe they can have positive effects on the crypto market in the future. Here are four reasons why: Reason #1: There are less costs for the companies Laying off workers can help crypto companies reduce costs. There’ll be less salaries to pay, less incentives, less commissions etc… And this will allow them to weather the current downturn and emerge stronger when the market eventually recovers. This cost-cutting could potentially help companies maintain their positions in the market and remain competitive. Reason #2: They can focus on their core competencies When companies layoff workers, this can also help companies refocus on what they need to focus on and work on in other departments. This can help crypto companies streamline their operations and become more efficient, which can improve their chances of success in the long term. Reason #3: More money for innovation With the company cutting costs and with the companies able to gain more income, this is good for R&D. With their research and development they can focus their attention on new innovations and recreations with their current offerings. And they may be able to acquire new technologies, which will attract new investors to buy, that can help them remain competitive in the market. Reason #4: Weed out the less needed The recent layoffs may help weed out weaker, less competitive and less needed workers in the market. This will also help them gain accountability and provide the current work force with better projects, training and prepare them for a well-run and better positioned future.
OANDA:BTCUSDEducation
by Timonrosso
Market efficiencyWhat is market efficiency, how does it affect earning potential? What does "market efficiency" mean, and how does it affect the chances of making money? Today, we'll talk about how well the crypto market works. We'll look at how quickly it takes in new information and how you can make money from price changes. We are also looking to the near future, when efficiency will go up and there will be less cash and inefficient niches. How Does the Market Work? The speed and accuracy with which information about projects and assets is added to the price shows how efficient the market is. This happens almost right away in markets that work well, but it takes a long time or doesn't happen at all in markets that don't work well. For instance, the US stock market in 1906 is not very good at what it does. Then there was an earthquake in San Francisco, and only three days later, the shares of the Pacific Railroad fell apart. The news from east to west moved too slowly. In 2022, the oil market works well. As soon as OPEC and other countries talked about how they could work together to set a high cap on oil prices, the price went up. That is, no one even raised the ceiling. The price goes up right away because OPEC+ lets this happen. In general, the idea of how well a market works is a theory. Economists have been arguing about whether or not it works for the past 50 years. This idea comes in three different forms. Weak Efficient Market Hypothesis: All market information from the past is included in the price of an asset. Average Efficient Market Hypothesis: The price of an asset includes all market information from the past and all publicly available information from the present. Strong Efficient Market Hypothesis: The price of an asset takes into account all market information from the past, public information from the present, and insider information. We won't keep going back and forth between ideas. The article only needs to know that efficiency is a measurement of how quickly and accurately the market takes in information. Another question is where this information came from. What determines how well the market works? The most important thing is just one thing: the number of trades and how liquid the market is. The market will be more efficient if there are more transactions, and less efficient if there are less. From the amount of money in the market, other things grow: the speed of transactions, the infrastructure, and the speed at which information comes out. But in general, they show up on their own when there are enough investors for someone to want to make money on investment infrastructure. For instance, the elite art market doesn't work well. Not a lot of artists charge a lot for their paintings, and not a lot of people are willing to buy them. There, news moves slowly from person to person. The price is not set by the way the market works. Instead, it is set by haggling. This also works in the stock markets. For "blue chips" like Apple, which are traded by the most investors, the difference in price between buy and sell orders is very small. This means that at any time, the market can very accurately figure out the fair value of the security. Spreads widen where there is less liquidity, and it can be hard to figure out what a fair price is: it "walks" in the spread gap. Here, by the way, the ideas of people who believe that markets take in information so quickly that it is impossible to make money on them fall apart. Everything is simple: if markets are really so efficient that you can't make money by having more information, traders and capital would have left long ago, liquidity would have collapsed, markets would have become inefficient again, and capital would have returned. But we don't talk about the theory here. If you are interested in cryptocurrencies, why do you need to know this? Yes, it is useful even if you are not interested in cryptocurrencies. By definition, it's hard to make money in markets that work well. If the market is working well, it quickly takes in new information and reacts to what's going on around it. This means that any results of fundamental or technical analysis have already been factored into prices by other market participants. You can buy and sell things, but it will be like a casino. It's easier to make money when markets don't work well. The less efficient a market is, the more likely it is that you can learn more about the other people in it, act faster, and make more money. Can cryptocurrency be seen as a market that works well? The article was written so that this math could be done. No, is the short answer. In one of the most recent studies, experts compared Bitcoin prices to the prices of gold, the S&P500, and the USD/EUR currency pair, which are all well-known assets. The rate of price change was multiplied by the market capitalization to figure out how well the market worked. It turned out that the crypto market is much smaller than traditional markets, but here information is "absorbed" much more quickly. This is because trading goes on 24 hours a day, 7 days a week, and information spreads quickly. Also, it's not hard to start trading. But trading in BTC is not as good as trading in traditional assets. It is clear that the efficiency of most other currencies is even lower, and somewhere in the NFT segment, it is much lower. Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"!
BITSTAMP:BTCUSDEducation
by Crypto4light
Practical advice for a novice traderPractical 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 those funds, the loss of which will affect the quality of your life, only what you are ready to lose. - Do not rush to leave your main job, let trading be your hobby for some time, perhaps it will grow into something more over time (but this is not certain). - More trades does not mean more profit, you can make several trades in a month and earn more than if you made dozens of trades a day, and sometimes it’s best to be out of the market, but this is very difficult without experience. 90% of a trader's time is spent on analyzing the instrument and the situation, forget about the rush, opportunities appear and disappear every day, know how to wait. - The first transactions can be made on paper, on an unfamiliar chart, but just take into account not only the profit or loss, but also the time spent. - It doesn’t matter what timeframes you work on, as long as you manage to trade profitably, but you need to start studying the chart with higher timeframes: monthly, weekly, daily and go lower, so you will understand the whole picture. - There is no endless growth, as well as an endless fall, markets are cyclical, and reversals usually occur at the most unexpected moments. Do not make decisions on emotions, only a well-thought-out plan. Develop your own trading strategy, according to your initial data and temperament. - Don't ask others where to buy and where to sell, they don't know. - If the instrument has already made several hundred percent growth from the bottom, then it is not rational to enter it without stops, if the profit from the bottom is several thousand percent, then it is contraindicated to enter such an instrument on growth without waiting for a significant rollback! - Even if everything points to a specific direction of movement, always allow 1% for the opposite option, this can save you from significant losses. Always control risks. - If you make a profit, withdraw at least a part, regularly, you must understand why you are spending your time on this. Ideally, over time, withdraw all the money invested, so it will be easier for you to psychologically operate with a deposit. There are no universal strategies. Your trading strategy should be well-considered, but at the same time adaptable to the current market situation. Something works well in a rising market, and does not work well in a falling one, and vice versa. You will be able to earn if you quickly adapt to the situation and skillfully manage risks. Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"!
BITSTAMP:BTCUSDEducation
by Crypto4light
2
HOW NOT TO LOSS OUR DIGITAL ASSETS PART ONEThis is a tutorial post and is more suitable for investors and we are not talking about short-term traders. Friends, the crypto market is not like the Forex market and the stock market. You have to work hard to keep digital assets in this market because it is a wild market. Do not compare this market with other markets because this market is very volatile and shallow. There are big players in this market. In this market, fluctuations of 30% are normal. The crypto market gives you Fiat money, but it takes away your digital assets, and if you do not manage your portfolio, you lose your bitcoins.If you measure your assets based on bitcoins, with the manipulations you do, with the BUY in top and sales in bottom, your bitcoins will be at least halved, maybe $ 5X profit, but in the end you see your BTC are halved and you no longer know what to do. BTC never gives you the opportunity to buy in the right place. It breaks the support you are looking for or it does not reach you and leaves you and you can not buy it.Try to buy bitcoin by accumulation and distribution method, select the appropriate range to buy and enter in several steps, and do not wait for the top to sell and sell in several steps. Technical and fundamental analysis are good, but the most important part of investing is capital management, portfolio management and emotion management. Try to understand the nature of this market and be patient. Patience is very important in this market. In the next post, I will provide you with a suitable portfolio management method. I hope it is useful for you
Education
by Crypto_Scorpio
2
Bitcoin Psycology Cheat Sheet "Popped The Bubble"Traders should print this cheat sheet out and keep it by their desks! You can save this cheat sheet using Like and Bookmark features! Reason why I wrote this post, is tremendous amounts of Bullish signals in @TradingView community, just take a look at front page and first pages of Ideas tab. IMHO this is signal of "Back to Normal" phase and we are appoaching big crash event during 2021/22. Stay safe and be humble! Best regards Artem Shevelev
Education
by ArtemFuturesTrading
75
And the wind blew, the earth split and it appeared ...The birth of BTC pumpkin. One dark dark evening, in a terrible 2017, when huge incomes of investors drove them to euphoric blood-strokes, it was born... Vegetable electronic evil , the king of margin calls, garden crypto ganster - BTC pumpkin. With the right hand, it weakens the growing trend , and with the left hand it attracts with overbought stochastics, bear patterns and low volumes of bold sellers in the position ...and vice versa... And no one knows peace from it for 3 years! BTC Pumpkin's worst weapon is its mood. The bipolar disorder of this vitamin monster changes the mood every six months . Will we see a new wave of BTC Pumpkin bad mood? What is more terrifying, grater, blender or saw? Today is the day when the crypto pumpkin knocks on the deposit house of every investor and says "treat or margin call?" We hope you love sweets! Can the BTC market free itself from the Pumpkin shackles? It remains to wait only six months... P.S. Drug use is bad for your health and hampers your trading.
BITFINEX:BTCUSDEducation
by P_S_trade
7
When to buy altcoin? Just look at BTC dominance chart.CRYPTOCAP:BTC.D As usual, after a pump of BTC it gets stronger and everyone wants to buy it. The demand leads to a sell off on altcoin market, resulting in a 3 to 5 times decreasing rate of most altcoins in comparision to the increasing rate of BTC. After BTC is cooled off, capital will flow to altcoins because of their attractive profit, causing altcoin blooming season. But, the recently bull run of BTC on april 2019 has not made any altcoin seasons as expected, actually altcoins and even top coins (coins with high market capitalization such as ETH, XRP, LTC) have been bleeded too much this week. So, you might ask "when is the right time to buy altcoin?". By using just one chart, the BTC dominance (BTC.D) chart, you can answer your question. BTC dominance is an index that was calculated by deviding BTC cap. to whole crypto market cap., characterizing the impact of btc on the entire crypto market. One believes that 50% is a key value of this index, if btc dominance is over 50%, there will be hard time for altcoins and vice versa. The more high BTC dominance the more bleeding of altcoins. For better illustration to the influence of BTC dominance to altcoin prices, I have attached 2 charts to BTC.D chart, which are ENJBTC (low market cap., an altcoin) and EOSBTC (high market cap., a top coin). They were picked randomly, definitely every coins will fit this rule. Now look at the chart, we can see that both coins go against the BTC dominance. Specifically, from 6 dec. 2017 to 15 jan. 2018, BTC dominance dropped from 69.69% to 35.72%, both coins exploded. We have first alt season on 2018, lots of altcoin pumped on this season. From 29 mar. to 7 may 2018, BTC dominance had another drop from 49.75% to 38.76%, both coins had another pump. We have second (and last) alt season on 2018. Most of the coins had reached their top high on this season, before lost tens times of value by the end of the year. From 24 jul. to 5 aug. 2018, BTC dominance was trying to break out 50% key value, after the break out alt market has felt into crisis period till now. By interpreting BTC.D chart, one can pridict the right time (in term of macro view) to buy or not buy altcoins and even top coins, namely: - Ideally, BTC dominace values below 50% are good sign to buy altcoin. We will get better profit when BTC is weaker than the others. - In a rising trend of BTC dominance (this time - apr. 2019), it is very bad time for entering altcoins and top coins. - If BTC dominance values are above 50% but there is a downtrend of BTC dominance, we can enter scalp trading for altcoin and top coins. - When BTC dominance keeps going sideway, top coins will have the same behavior of BTC (in USDT pair), it is better to trade top coins, not altcoins. Fortunately (thank to tradingview team), we can apply indicators on BTC.D chart, that helps us to predict future movement of altcoin market, and plans strategies for next scenarios. I shall make an analysis on BTC.D next post. Please share your thought, thanks for reading!
CRYPTOCAP:BTC.DEducation
by Batrachotoxin
2
Bitcoin Next All Time High, Nov 2021 (?)Todays education is proudly brought to you by BestThingSinceSlicedSatoshi, the FREE and very profitable Buy and Sell indicator. Add it to your favorites at the link below. Analysis based on my ACCURATE buy and sell indicator on the Bitcoin Monthly chart, Heikin Ashi candles. My script (Blue line) = Buy when it crosses zero from beneath, sell when it crosses zero from above. Looking at the blue line, we see the last bottom in 2015. In Jan 2019, we hit the same value (approx) - could that be bottom ? Maybe. If it is, and price action is a mirror reflection of what it was from 2015, then we can expect to see the next ATH Nov 2021. Between now and then, ACCUMULATE. Disclaimer: This is not investment advice. Feel free to not believe a thing and do your own homework. Sincerely, BestThingSinceSlicedSatoshi. Pity they don't make Satoshi bread anymore.
BITFINEX:BTCUSDEducation
by patakopesa
3
Pending Orders & Important ZonesI would like to show you a good example explaining why we should use pending orders for entry the markets above/below important zones. Several days ago I wrote about possible trading opportunity for Ethereum Classic. You can find this post in related ideas. I wrote that the price bounced from the resistance zone which was formed by SMA100, the downtrend line and 11.00 resistance level. We got a new swing high as an important level for placing pending orders for buy. And now we can see that this idea was right. Buy orders allowed us to entry this market on time. You could miss this trading opportunity just trying to get the better level for entry and more solid signals for buying. The price reversed and moved upward very quickly. The 1st profit target was reached and we made some profit. If you can't monitor the markets 24/7, using pending orders and important zones is a good way out for catching price movements on time. How to do it correctly? If we have bearish markets like in this example, we should place buy orders above the local swing highs, downtrend lines, resistance levels. If we have bullish markets, we should place pending orders for sell below the local swing lows, uptrend lines, support levels. When the price breaks such zones, we should expect for strong price movements in the direction of breakouts. It's good strategy for entry and you can use it on any markets and time frames. Just don't forget about proper money management and you will be in profit in long run.
Education
by DLavrov
15