The FULL Security Guide to keep your money SAFEEmail:
- Email Providers
- Any reputable email provider with 2FA will do
- If you want to get more into privacy and encrypting emails there is Protonmail or Preveil
- You can alternatively also hook up your current email with the Thunderbird email client (use to be managed by Mozilla Firefox) it is overseen by a volunteer board of contributors.
- 2FA - This is important, activating 2FA on your email is just as important as having it on exchanges.
- Create an email specifically for Crypto, but also avoid using crypto keywords / personal information in the email, treat your email address like its public information.
- Be on the lookout for Phishing emails, I made a post on how to identify phishing emails along with some useful tools here | How to spot a phishing email |
- Quick tips for emails:
- Don't trust email links
- Double check the address bar of login pages
- Know the levels of a domain
- Check to see if your crypto sites allow a anti-phish banner that displays a code with their emails that you set.
- Tracking pixels are also a thing, there not malicious in themselves, but they can potentially let attackers know if you have open an email / let them know the email exist and is active.
Passwords / PINs:
- Don't reuse them EVER
- Use strong secure passwords, passwords managers make these easy to manage and generate passwords.
- This includes your phone and 2FA app, if you have a weak pin (1234) for your phone and someone takes it, remember your 2FA app is then available (if same pin, or no pin/pass set), your email is automatically signed in (same for other accounts auto signed-in), and they can access your text messages.
- Don't use words relating to crypto or personal information in your passwords (or email), if they are compromised in a breach, assume they will search for these terms to target crypto users and try the same combo against crypto sites or figure who you based on the information (email & password) and pivot to finding public information that could lead to them answering challenge questions for password resets. (Your first pet, is it posted on Facebook? How about your car? Your first girlfriend/boyfriend?)
- Password Managers: These work wonders when managing passwords securely. They generate random strong passwords which can be adjusted, and its all kept in an encrypted database file, so even if a attacker gets access to it, they won't be able to access it without the password.
- KeePass
- BitWarden
- LastPass
- 1Password
- Don't save passwords in your browser
- Does it require verification for you to use the password? Also I tend to find extensions being more buggy as they have to interact with more 'moving' parts and changing configurations, and generally more people try to target and exploit browsers.
2 Factor Authentications (2FA):
- Enable on everything possible
- Use 2FA Apps instead of SMS whenever possible, SIM Swap attacks are real, and more common than you think.
- 2FA Apps
- Authy (Linux | Windows | macOS | Iphone | Android)
- Google Authenticator (iOS | Android)
- Microsoft Authenticator ( iOS | Android)
- LastPass Authenticator (Browser Extension | iOS | Android | Windows Phone)
-Hardware Keys
- These are physical 2FA device
- Backup codes:
- When you activate 2FA on any account you should have the ability to generate backup codes, these are used incase you lose access to your authenticator, TREAT these like your seed phrases. Use them by logging in with your user and pass, and use these backup codes in place of the 2FA code you usually enter.
- DO NOT take pictures of your QR codes, if you screenshot it, might end up syncing somewhere you don't want it to and if it ever gets compromised they have the ability to continually receive your 2FA code.
- Also, DO NOT sign up for your 2FA app or any crypto service for that matter using your work or school email address. You lose access to that email, then consider all accounts gone as you won't be able to access the codes if you switch devices.
Wallets
- Learn the difference between the different wallets
- Cold wallets will always be more secure than any hot wallets as they aren't connected to the internet
- Top trusted hardware wallets:
- Ledger
- Trezor
- Verify the details you are confirming on your hardware wallet device. the wallet app interacting with your cold wallet device could be compromised, but you would still be safe using it, as long as you verify each action on the cold wallet device, and reject the transaction if anything seems off.
Seed Phrases : Treat these as they are the keys to the kingdom (Keep offline and out of your notes app)
- Less Secure:
- Write down on paper and either break up the phrase and place in separate secure locations or hide them like the the FBI is going to come search your house
- Secure on USB
- Get a file shredder (securely deletes data, and overwrites it)
- Download password manager (optional)
- Disconnect device from internet
- Enter seed phrase into password manager / create encrypted file
- Put on a freshly reformatted USB / datalocker (Worms like to spread by USB)
- Save to USB, and shred the original using the file shredder software
- Hide USB
- Another device / old phone
- Factory reset
- Set Pin / Pass
- Download 2FA app and password manager / file encryption tool
- Disconnect from internet FOR GOOD (Treat this like a cold wallet)
- Back up 2FA and seed phrases
- Hide device
VPNs / TOR:
- Privacy vs Anonymity
- Privacy is the ability to keep your data and information about yourself exclusive to you (They know who you are, but not what you do).
- Anonymity is about hiding and concealing your identity, but not your actions. (They know what you do, but not who you are)
- Think about what your goal is, I commonly associate privacy with VPN and anonymity with TOR
- Both encrypt your data before leaving your device, then routes it through proxy servers to mask your IP/Location. VPNs you have to trust the provider (ensure they state there is a no log policy) while TOR runs through servers ran by volunteers (don't think governments don't run their own) and lets you access the dark web. Here is a more in-depth comparison on VPN vs TOR.
- Personally Its worth paying the few bucks a month for a paid tier of the VPN service.
- VPN Providers - Zero log VPN services:
- ProtonVPN
- Nord
- Mullvad
- TOR
- Brave offers TOR, but I would treat this more like a VPN
- If being anonymous is your goal the only real way to achieve this is running Tails off a USB.
Browsers (Excluding TOR):
- Top 3 Browsers built for privacy
- Firefox
- Epic
- Brave (I know Brave draws criticism but I made a technical post showing how the trackers didn't show up within the metamask extension through brave compared to Google Chrome.)
- Search Engine for privacy: DuckDuckGo
- Extensions
- One of the most dangerous threats I think that aren't taken seriously are extensions. These can start out legitimate, then through an update turn malicious. These will then be removed from the webstore, but not your browser.
- Some will be removed the store due to not being supported anymore which = no more updates, and no more updates = vulnerabilities that won't be fixed
- If you have Google Sync activated, these extensions will also sync to all those devices
- Remove any extensions you don't need, check to see there still available on the store, and even search them to see if some security article like this pops up about it.
- Check the privacy practice tab of the extension to see what data it collects.
Other General Safety Tips for PC and Phone:
- Harden your PC (Guide is for Windows 10, but can translate to other OS)
- Update OS and any software // turn on automatic updates - Everything you download is an attack vector
- Set firewall rules - Default deny, open only p855orts you need, disable rules you don't need
- disable remote access
- Install AV // Malwarebytes for removing malware
- Turn on encryption
- Setup user accounts // privileges'
- Strong password
- Whitelist addresses if possible (Some exchanges allow you to designate a address as 'safe' any other transactions besides those won't go through)
- If you use a encrypted messaging service, I highly recommend Signal, if you haven't seen their reply regarding a subpoena you should
- Lock down your social media accounts (go to security settings, turn off being able to be found via search engine, ad related settings, change who can view your posts, etc)
- Don't disclose your holdings and earnings
- Don't access your crypto on your work computer
- Don't answer PMs about winning some contest or some amazing opportunity
Phone:
- Unique pin / password for the phone
- download a password manager
- email account purely for crypto
- pin / password (different than getting into your phone) for your 2FA app.
- Don't lend phone out
- Avoid apps you don't need, read the 3 star reviews as they are the most honest)
- Download VPN / be aware of the wifi your connecting to
- Be aware of phishing
- Call your service provider and see if they can lock your SIM card and prevent SIM swapping.
Guide
Trend Key Points Guide And Best PracticesTrend Key Points indicator is a side tool for traders to specify the pivot points and key levels in trends. You can use this indicator in different ways, but I will tell you my own way. I got excellent results by going this way; I hope it will be useful for you as well.
Each trend has its high and low key points that are important in the next prices. Sometimes it’s hard to find out the points with a naked eye, this indicator marks these points and draws support and resistance lines from previous critical pivot points .
The indicator draws the last two support and resistances of the price by default but you can adjust it in the options. The best practice would be to include the levels drawn in the upper time frames in small timeframes.
I’ll explain it with an example. Let’s say I’m trading in the 4h timeframe. Starting from the above timeframe, I specify the key levels to the target timeframe I mean 4h. Assuming that the monthly levels are important in weekly, daily, and 4h timeframes. The weekly levels are important in daily and 4h timeframes and the daily levels are important in 4h timeframe.
Notice that I don't just settle for the levels drawn by the indicator, and I draw the flat and oblique trends I see myself.
If the key levels do not exist or are far away from the current price in the above timeframes you can rely on an important key point near or a level you think it's important. (w1 and w2 level drawn by myself from a key point)
If the level of higher timeframe overlapped the lower one, the level gains more importance.
After drawing multi-timeframe levels and trend lines, I’m going back to the 4h timeframe and I am looking forward to important price movements to be made at the drawn levels.
Which moves are important to me?
- If a new pivot high or a new pivot low appeared in the key levels or important trendline, I expect a return from there.
- If a new pivot high or a new pivot low appeared in the key level or important trendline and the volume confirmed the pivot, I expect a return from there. What I mean by volume confirm is that volume is greater than the volume itself. Volume confirmation means that the volume is bigger than the volume MA (20 in my case).
- If a candlestick pattern appears at the key level, the pattern will gain more importance. I use Abnormal Pin Bar and Common Candlestick Patterns Indicators for this.
Also, the indicator measures the length of each trend and calculates the average length of recent trends (15 by default). I named it movement step length (MSL). I use this info to predict the possible length of the current unfinished trend .
Usually, the length of the next trend is greater than the average length of the last trend specified by the indicator. Knowing this prevents me from exiting the unfinished trend early, which is quite possible when I'm nervous and have suspicions about the position.
I think the best part is that you can set an alert for the new key point crossing a price level. so you will not have to wait in front of the chart all day.
I am open to any improvement. If you have an idea or a suggestion, don't forget to leave a comment. Any feedback will be appreciated 😊
The Base & Quote Currency - What Are They?In forex the base currency is the first currency mentioned in the symbol (the first 3 letters). The quote currency is the second currency mentioned in the symbol (last 3 letters). The base currency is being given a 'quote' in the quote currency quite simply, saying that if you hold one base currency you will receive x amount of quote currency.
If you take a buy trade (long) then you are effectively purchasing the base currency, expecting it to rise in value against the quote currency. Likewise if you take a sell trade (short) you are effectively selling the base currency into the quote currency, anticipating that the base currency will fall in value against the quote currency.
With CFD's you don't need to own either of the currencies to trade them, as the contract makes you liable for the value of change of the forex rate based upon the contract size (lot size). The broker will calculate this value, convert the amount to your forex trading account's base currency, and issue you with the profit or loss.
For example, lets say your account is in GBP and you buy one contract (1.00 lots) of EURUSD. The EUR appreciates against the USD by 10 pips, and your profit is 100 USD. The broker then converts this to GBP using the USD/GBP rate (currently 0.7040), making your profit 70.4 GBP! The broker issues this profit into your trading account.
CAKEUSDT - How to find a good CAKE entryCAKE and pancakeswap are trending hard right now, its a great defi solution that's innovative and has triple A backing in Binance.
The common thought for most is, how can I get in on that profit?!
One way to do it is buy low, sell high! In order to buy low, you need a good entry, luckily, I think I've found one!
In todays video I go over how I find potential entries for profitable trades and apply it to CAKEUSDT
=== TimeStamps ===
0:00 = Welcome!
0:35 = Patterns
1:20 = Fibs
5:20 = Resistances
7:30 = Price path
11:00 = Entry
12:05 = Stop limit
12:30 = Take profit
14:45 = Fundamentals
15:15 = CoinMarketCap
17:30 = Tradingview ideas
18:50 = CoinMarketCal
19:20 = r/pancakeswap
The Crypto Dance: Bitcoin & Alt Season Dominance Cycles GuideThe Crypto Dance: Bitcoin & Alt Season Dominance Cycles Guide
Hello and happy Chinese Lunar New Year! Hope you're all doing well. I made this simple guide to show you the relationship between Bitcoin's price & dominance vs. alt season dominance. You can use this as an ongoing reference during the bull cycle this year, or even this whole decade and beyond, to learn how the cryptocurrency market typically behaves. Credit to XForceGlobal for their publication (linked below) where I got the idea & source material to make this guide. Enjoy!
📖 A Guide to RSI Divergences - By Trading-GuruIn this guide I will walk you through the three main different kind of divergences and explain to you how you can spot them.
I also show you the extreme power RSI divergences have by looking at BTC/USD and mark them on the chart. It's quite special to see all these three kinds immediately after another, and it's really nice to see them all working out here as well.
Obviously, no signal will not provide a 100% success guarantee. But this text-book example on the BTC price showing how they work out every time is great for both learning and profit taking.
It can be very hard to trade an asset that has seen such immense growth and nearly vertical upwards momentum. Using RSI divergences you will still be able to predict price reversals and trade successfully. So let's take a closer look at the three different forms of RSI divergences that I cover here on the chart.
Exaggerated Divergences
Exaggerated divergences are similar to regular divergences, but are considered weaker and less predictive variations. The term exaggerated refers to a circumstance where either the oscillator or price makes an equal high or low.
Regular bullish divergences and regular bearish divergences both have two exaggerated variations, so there are four exaggerated variations in total. In this case we look at a bullish version where the price is consolidating the but the RSI shows an increase in momentum.
Hidden Bullish Divergences
A Hidden Bullish Divergence is considered a continuation signal in an uptrend. It refers to a circumstance where an oscillator reading falls down below its previous low, while price is still higher than its previous low.
Hidden bullish divergences are most likely to occur in the middle of an uptrend – often after a healthy pull back – and indicate that the uptrend will most likely continue.
The starting point of a hidden bullish divergence should be a clear swing, not just a red candlestick.
Regular Bearish Divergence
A Regular Bearish Divergence is considered a strong reversal signal in an uptrend. It refers to a circumstance where price rises and makes a higher high, while the corresponding oscillator reading is still lower than its previous high.
Bearish divergences are most likely to occur in strong uptrends and signify that upward momentum is weakening. A reversal – or at least a pull back – is then expected to follow. Regular bearish divergences also appear in exaggerated form.
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
ATR Indicator - How to Avoid Getting Stopped out of TradesIn this post we can see how the stops were taken out beyond. the 26600 price level.
For any setup that a noobie trader may place, the SL would be taken out at this level;
However using the ATR indicator we can avoid getting stopped out and keep our trade.
I recommend you watch some videos on this indicator to get a better understanding but the main jist of it is ->
Take a sweep low/high of a range and add/minus the ATR value (on the sweep candle) to get more legroom for price to move (but it will miss your stop)
I hope you find this useful.
Multi Timeframe Analysis - different supply/demand levelsHello all,
this lesson will be about my monthly/weekly, daily, 4h etc. supply/demands critical areas, so you can get a better idea why i use them. After you know the most basic thing about my analysis, we can start with the next baby steps in understanding price direction.
This also goes for all of the structures such as closed triangles, trendlines etc. on the higher timeframes.
I prefer using the term "supply and demands" since it is the correct one in economics. In other words supply and demand can be seen in every single product that is offered in a market.
Sorry for my mistakes, it took me more than 15 recording in order to get this one. Thank you!
Have a great trading week!
A Guide To The Fundamentals Of Support And Resistance TradingHere's my definitive guide on how to place your take profit, entry positions and stop loss orders when you are trading using support and resistance patterns. Many people have reached out to me asking to provide more details on where to place the orders exactly. In this guide I will share my experience, and show what I learned during my trading journey to be the most effective.
Again, this is my personal view and the way I personally trade. If you have another view on this, I encourage you to share it in the comments. The reason all of us are on Tradingview is to learn. A trader would be quickly out of the market, if they don't continuously keep learning. Please challenge my explanation, ask questions, and share your own vision. Without further ado, here is the explanation for each of the orders:
Take Profit.
Many people will be looking at the resistance areas. As soon as the price comes close to this area, it will find friction and will struggle to go higher. Make sure you place your take profit limit order directly below the area of resistance, to stay ahead of the curve. This will maximize the chances of your take profit to get hit, even when the price prematurely bounces off the resistance area.
Entry Position.
Similarly to the logic of the take profit, you would want to place the limit buy slightly above the horizontal support. The closer you get to this zone of support, the more bulls will start to fight back and try to push the price back up again.
Keep in mind, if you spot a support and resistance trade set-up, you don't necessarily have to immediately enter the trade. You can place a limit buy on the price where the pattern you spot would be validated.
Stop Loss.
Everything about a trade goes along with the assumption that the pattern you found is true. You should use a stop loss to make sure you exit the trade immediately after your pattern gets invalidated. For a support and resistance set up, this translates to the price breaking through the support.
Follow me for consistent high quality updates, with clear explanations and charts.
Please like this post to support me.
- Trading Guru
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
About the links below:
20% Discount on Binance: Did you know that Binance introduced a new system where you can get 20% discount on your fees? Find the step-by-step guide on how to add it to your account on the website of 100eyes
Forex & Crypto Scanner: Nobody can keep track of all the pairs on all timeframes. This scanner works on Telegram and sends an automated message including a chart every time something happens to a coin. E.g. it can automatically detect areas of support and resistance, RSI Divergences, Fib Retracements, and more.
Further reading on BTC:
EURUSD multiple scenarios / weekly chart analysisEurusd has been very volatile lately and has made a strong push down.
if it can close below the support line and can make a successful retest then I am expected a continued fall.....also considering the state of Europe and the effects of the corona virus.
if it can close above perhaps we can see some bullish movement.
EurJpy bearish divergence, sell approaching set up .Eurjpy looks to be in an ideal sell set up looking at divergence, resistance zone plus trend line we can hope that it drops to tp 1 and 2 indicated by the green dotted line.
This also fits in nicely with our chfjpy sell that we have active. And just to touch on that be patient guys its normal for this to happen possibly a sl hunt by the bigger players, we just need to be patient. But be sure to stick to your risk management as that is the most important.
Today is my Bday so im going out, hope yall have a wonderful day.
Dev.
XAUUSD ultamate planGold is making a minor retracement we can get ready to buy again as there seems like no chance of hostilities in the middle east lessening in fact it looks to be getting worse. ( if u guys want I can post info on the war like links and meetings if anyone needs it just comment).
if for some reason war stops gold will drop all the way back to where it started.
GBPUSD : my thought proccess for upcoming moves.after a successful analysis on the big drop that took place due to consolidation (phase1 for those who understand)
now we can trade phase 3 which should be a strong up but when I don't know yet.
that's why I have drawn out plans hopefully we see some positive results.
its my birthday in a few days so I wont be trading but god luck to everyone else :)