Get started

Invest

ETH Roadmap (50k 2028)It is very much possible to see a 50k ETH by November 2028 if this channel stays intact; the path is clear. I believe ETH is right now on the verge of bottoming on the ETH/BTC chart. We have been in a massive symmetrical triangle since 2017 and have now fallen to a very important level where ETH tends to bounce more often than not. Out of the seven different times ETH has come near this level, only twice did we have red candles (2W chart). We also just printed a Heikin Ashi reversal candle on the monthly chart, looking very promising. The ETH projections are calculated based on the Bitcoin cyclical cycles: - Blue Line: Bull Market starts - Red Line: Cycle Top - Green Line: Cycle Bottom My reversal indicator has confirmed a weekly reversal based on the last weekly candle close. This signal has fired off just four times within the entire ETH history; it's not a lagging indicator—it works in real-time. If history repeats, ETH hits 16k this cycle sometime in May 2025.
COINBASE:ETHUSDLong
by Sporia
2
Bitcoin Roadmap 2025It's been a while since I did a Bitcoin TA; I've been focusing on Chainlink mostly these days. Still, I spent the last few days going over everything to come to this conclusion as the most probable outcome next two years . There's a high chance we won't see an all-time high until late 2024. Like always, it's never easy to predict what Bitcoin is going to do next. You would think that this last cycle, we would have some sort of clear top and clear bottom so we could confidently calculate the next cycle top and bottom. But, in true Bitcoin fashion, we get a mixed bag. Last Cycle First time in history, Bitcoin had a double top for a cycle: - April 2021 - Psychological Top - November 2021 - Technical Top The entire market topped out in April 2021; a few coins came in with higher highs later that year. Something that is crystal clear is that Bitcoin took exactly the same amount of time to go from cycle low to cycle top (1064 days). It also took the same time to get from cycle low exactly 364 days; it was that easy, guys. So, this is where we arrive at the first cycle top date: October 2025. 1064 days from the cycle low in November 2022 would give you that date. The next date for a cycle top is August 2025, giving us the cycle top range from August to October 2025. A while back, I published a TA on Bitcoin's volume on a macro scale. I found very interesting patterns and dates looking into the volume. As you can see from this updated picture, every time Bitcoin has a bullish cross on volume, it takes 670 days to top. We just had the bullish cross in October this year, so 670 days from the cross would be August 2025. Whenever Bitcoin breaks the 1/2 Gann, it takes about 924 days till the top. This cycle, we broke the 1/2 Gann in March 2023, so 924 days from March 2023 puts you at September 2025.https://www.tradingview.com/x/Wp7wYyMP/ It takes about 1400 days from cycle top to top; 1400 days from the November 2021 top would be October 2025. This insanely powerful time sequence that predicted major Bitcoin events has failed this year for me for the first time; the next two dates are July 2024 and, you guessed it, September 2025. If you calculate the time when the Gaussian channel turns green to the cycle top and calculate the average, you get 750 days. July 23rd, 2023, we Gaussian turned green; 750 days from that date puts you in the last week of August 2025, basically September 2025. As you can see, the month September 2025 has a very high chance of being the month Bitcoin has its cycle high, and that would put Bitcoin, according to this model, at 175k. ### The 2024 Playbook The most likely scenario is one big flush out next year. The Satoshi roundtable most likely is just going to do the classic 50% pullback into the CME gap, right? Pre-Halving pullback is always deep and ranges from 40-50%! Well, why would they change their playbook? If it works every goddamn time, emotion gets the best of most of the traders and investors like every cycle. This is how I think it's going to play out. Bitcoin rallies to 0.5-0.618 Fib 40-48k till Mid-December to mid-January 2023 at 48k; Bitcoin ETF gets approved, BULLISH NEWS floods the news and internet. www.coindesk.com Analysts at Bloomberg predict that if a spot bitcoin ETF is not approved in this period, there’s still a 90% chance for approval by Jan. 10." It is at this point where Bitcoin (40-48k) will reverse and go down to close the CME GAP at 20k and also creating the macro Bitcoin double bottom. It won't be easy to get Bitcoin down to that level, so "FLOOD BEARISH NEWS" is on the table. War, COVID, bank bankruptcies, new Bitcoin laws, new Bitcoin taxes - choose your weapon! When Bitcoin hits that 20k, that's when you load up! You might think there is no way it's that easy - a 50% pullback to the CME GAP. But tell me if it works every time, why change or stop doing it? The only comment I would like to make out of this CME gap is that it's the only time in history Bitcoin has closed and opened a gap in the same weekend. I could be wrong, but it seems to be so; if you do find another time, share it below. So there you have it; will it play out like this? Who knows. One thing for sure is this rally won't last very long now. Conclusion - Rally to 40-48k: December 2023 - January 2024 - ETF approval: January 2024 - Reversal to 20k CME GAP by Halving (April 2024) - Bull Market starts: September to November 2024 - Cycle Top: September 2025 to October 2025
BNC:BLXLong
by Sporia
3
EUR USD Idea Good morning, traders in the Asia and London sessions! EUR/USD has opened with a bearish tone and is currently showing signs of an upward rally. However, it's worth noting that the price at 1.05649 didn't show significant upward movement during Friday's session, so it raises questions about the current bullish momentum. We're approaching this with caution as it involves unnecessary risk. In the bigger picture, we find ourselves in a range high, which doesn't favor long positions. At this moment, the bias for EUR/USD is bearish, but it's essential to consider the mixed signals present on the weekly and monthly charts. Our approach here is a level-to-level trading plan. We'll carefully evaluate the situation and see if we can capitalize on potential opportunities this week. Remember, patience is key, and sometimes the best trade is the one you don't make. Stay vigilant, fellow traders! Peace out, and let's approach this like seasoned financial Masterminds!
by themarketknight
Chainlink Roadmap ($200?)(Chart above Green Line - November 2024 , Red Line October 2025) There are some amazing things happening right now on the Chainlink chart. It may seem like LINK is still in a boring range, but for me, it's quite the opposite. This move down to $5 was the best that could have happened for LINK. We documented this entire move down to $5, and you can check it out below: The bar pattern you see in front of you on the main chart above is taken from December 2018 to May 2021. Why so specific in December 2018? Well, if we zoom into the Daily timeframe, you can see a clear mirror pattern appearing. This move down to $5 confirmed to me that, in fact, Chainlink has been playing out a very similar fractal since its first and only bear market, starting from November 2022 (FTX crash). This is an incredible find! Just look at it; it's undeniable! The last wave from December 2018 looks pretty much the same as the one we had in June 2023; it even took the same time at the bottom and to pump back up to the range high. The only major difference here is that in December 2018, this final wave set a higher low, but this year we set a lower low: Now, let's talk about Fibonacci time sequences: I forgot about this time count, in October 2022, I marked it as failed because we didn't get a reaction from it anymore, but I stumbled upon it in an old chart save, and wow, it did, in fact, mark the bottom of wave 5 and pivot up. If Chainlink does repeat the last cycle, then this October 2023, Chainlink will have a massive run-up to an all-time high: So, out of the last five Octobers since this chart started in 2017, Chainlink has finished the month positively every time except for the first: Oct 2017 -55% Oct 2019 +49% Oct 2020 +28% Oct 2021 +19% Oct 2022 +2.75% Keep in mind that this chart starts in September 2017, so this October we could see a big move up or the start of it. If Chainlink behaves like the last cycle, it rallies to all-time highs. Remember that Chainlink broke all the high four times before Bitcoin finished its cycle top: If Chainlink breaks the 3.618 Fibonacci level four times again, LINK would go over $1000: I put this outcome as unlikely since it takes a lot more money to move this market cap to those numbers. This TA assumes that Chainlink will follow more of the Bitcoin cycle, as that's what coins that run through the cycle once and significantly increase the market cap tend to do. LINK/BTC This time sequence started everything , put everything in motion for chainlink for me , since then its been right at predicting Chainlink events 100% of the time for years , the next date is April 2024 which happens to be the next Bitcoin halving, things are going to get really crazy around this time expect anything.
COINBASE:LINKUSDLong
by Sporia
30
The Squid Game Shows Why Most People Fail to Profit from Trading"Squid Game, the sensational Netflix series that has taken the world by storm, offers a gripping mirror to human psychology, reflecting the intricate dance of emotions and decisions that we often encounter in the world of finance. Just as unsuspecting individuals are lured into the deadly games by the enigmatic subway stranger, many novice investors are drawn into the stock market by tales of friends striking it rich, often diving in headfirst without a hint of the rules of the game. It's a rollercoaster ride from beginner's luck to the perilous cliffs of attribution bias. Beginner's luck, that elusive phenomenon where newcomers seem to outshine the experts, can be an enticing trap. It leads to overconfidence, a misplaced faith in gut feelings, and an overzealous desire to trade that often ends up costing a small fortune in fees. These overconfident traders become engrossed in their own world, neglecting the wisdom of statistics and putting all their eggs in a single, precarious basket. Attribution bias, another insidious cognitive bias, rears its head as traders concoct explanations for their successes and failures. Profit? They're geniuses with uncanny foresight. Loss? Blame it on market conditions or mere bad luck. The mind constantly seeks excuses for every twist and turn. Even great minds like Isaac Newton, who could unravel the mysteries of the cosmos, fell victim to the madness of financial markets, a glaring example of attribution bias in action. In Squid Game, the players, after witnessing horrifying tragedies during 'Red Light Green Light,' are given a choice to continue playing or not. Overconfidence and attribution bias grip the survivors as they believe they are destined for victory, much like many traders who cling to the belief that improbable outcomes are within their grasp. Mob psychology and the bandwagon effect rear their heads in the story, too. The players form alliances and teams based on earlier factions, mirroring the tendencies of investors to follow the crowd rather than adhere to their own strategies and analyses. Panic buying, selling frenzies, and susceptibility to pump-and-dump schemes ensue. In the financial world, these psychological phenomena can lead us astray, costing us dearly. But unlike the brutal Squid Game, financial markets aren't a zero-sum game. With a solid understanding of market characteristics, rules, and diligent research, you can gain a statistical edge. As a trader, I'd argue that technical knowledge accounts for less than 5% of the equation; it's all about mastering your cognitive biases and maintaining emotional control. So, just as the surviving players in Squid Game strive to outlast their competition, investors and traders should strive to outsmart their own psychological pitfalls. In the end, success in the market isn't about luck but about mastering the intricacies of the human mind in a complex financial world. If you found this insightful, don't forget to like and follow for more quality content! Feel free to share your thoughts and questions below—let's navigate this financial journey together!" This chart is inspired by @Michael_Wang_Official
BNC:BLXEducation
by CRYPTOMOJO_TA
3
INOXWIND breakout SUCCESSFULINOXWIND has given the breakout. as shown on the chart. we can see it has accumalated the quantity for past 3 months. now today has given breakout with nice volume. it will be a good trade with R:R :: 1:3. Reason: descending bullish triangle pattern breakout confirmation. RSI is breaking 60 to upside nice strength in the trend. Support at VWAP Successful breakout after 5 months High Volume is traded today. Price > EMAs Verdict: Highly Bullish Plan of action: Buy: 204-208 Stoploss: 195 Target: 232
NSE:INOXWINDLong
by finnova_
2
Satochi -- IS THERE A HUGE INCREASE COMING ON FTT?Thank you for reading our update. Please keep in mind that this is not trading advice. There is still a 400M market cap + max supply and it's not possible to mint more coins. Will we witness a similar impact on Luna's price, like the one it experienced when it increased to $7 after the huge fall? What could be the reason behind the data showing buy orders at $11 USD on FTT? Typically, it seems unlikely that Luna has a chance of rebounding to $11 after such a significant decline, especially given the current trends in this risky coin, FTT. Data and technical analysis (TA) play a crucial role in trading, sometimes offering insights into patterns. Is there a substantial price increase anticipated in the upcoming days for FTT? We will closely monitor FTT to see if it can achieve a price increase.
Long
by SatochiTrader
SP500 - Consolidation before ATHI think that SP500 wont go much lower than where it is right now (Yellow mark), A consolidation for a month or two is more likely before testing ATH. In worst case scenario we could go down to the purple marked area, that is also where the 50% level sits from ATH to the bottom of 2022. A Break below that level would be devastating for the markets which would mean lower for longer. I see many are calling for a new low of this "bearmarket" which is not my opinion at all, I think we are in a bullmarket since the bottom 2022 and that the recession everyone talks about already happened. I see no reason for us to not break ATH within 6-12 months from here.
SP:SPXLong
by WealthNode
TRU Breakout Re-test and BUY MOVETRU is a performance-based stock. On 28th Aug 23, I posted it's breakout. But unfortunately, it could not be a successful breakout. Now, TRU has retested the Support trendline and is bouncing back. There is a minor resistance at 64 because it has been tested multiple times. This time, it is more likely to break to the upside. Reason : Stock has been consolidating for more than a year. It has formed a triple Bottom. Taking Support at Trendline. Right now, at support Zone. Verdict : Bullishness Expected Plan of action : Buy: 59.60 Stoploss: 54 TARGET: (1st) 82, (2nd) 100
NSE:TRULong
by finnova_
Possible Bottoming pattern forming It is very much possible that Bitcoin is forming a bottom as we speak , we have just had that distribution uptrust after a big move down where everyone thinks its going to reverse and then it comes back into range then everyone panics its going lower. But really what happens is far more boring , we go back into a range for a breakout later when everyone been rekt both ways. This bottom pattern appears in many different time frames , the larger the timeframe the bigger the move. If we do breakdown further , CME gap at 20k is likely to close
COINBASE:BTCUSDLong
by Sporia
5
CULT DAO WAVE 5 LIKELY INcult dao wave 5 is likely in been waiting for the last move down and we got it. If we place the fib time tool at all time high and the bottom we get very interesting dates. First date between 0.5-0.618 is the Bitcoin halving and the second date is October 2025 when the next Bitcoin cycle top should be in , if history repeats. 0-1 Pre halving rally back to 0.618 1-2 Halving dump , this happens before or after halving , around that time basically 2-3 A break of all time high to 1.618 3-4 50% pullback into November 2024 , last pullback before bull market 4-5 last wave , the next crypto Bull market which should top out October 2025 The fact that this time fib sequence has aligned so well with the ones I'm following with Bitcoin is a good sign , if this prediction is correct 7000% in 800days.
Long
by Sporia
4
Bitcoin (Gann Fan Update)Its a very important time for Bitcoin in my opinion , within the next 8-10days we will get a large move above or below the 1/1 Gann , for weeks now we have been holding just under it. Here is a zoomed in view on the daily. As you can see we reach this apex 24th of August 2023 , of course its also possible we trickle sideways above the 1/1 but historically breaking the 1/1 on Bitcoin during this part of the cycle we get some type of action. 2015 If we go back and take a look on how price reacted to the 1/1 we can see a lot of violent swings ranging from 25-40%. 2019 This year was had way more reactions to the 1/1 and almost everytime it resulted in fairly large swings , this time ranging 45-60%. 2023 So for this year we have touched 1/1 once and it was the local high of the year , candle closed right on it. 2/1 Gann and Time The bull market doesn't start until we break and hold support the 2/1 , the last two cycles it has taken about the same time 640days . So if it repeats Bitcoin would be somewhere around 36500 during this period. We also know it takes about 750 days from cycle low to reach previous cycle high. So that would be Bitcoin back at 69k sometime in December 2024. Conclusion If the cycle repeats the Bull market will start sometime August 2024 at 36500 and Bitcoin will reach previous cycle high at 69k December 2024 which would then make a new cycle high October 2025.
BNC:BLX
by Sporia
2
Chainlink Update (The same playbook )Since October 2022 I have been getting things wrong with chainlink a lot , pretty much the only coin where I missed the target and time over and over . Most of the time its easier to trade Litecoin because it actually has organic movement. Chainlink has not been moving organically in my opinion , there is no historical price movement that we can compare this sideways movement for over 400 days. For me atleast it was looking like this was some sort of wyckoff accumulation period and we just had a spring event. In my previous TA I tried to give traders a heads up that this was highly likely a coordinated move to get Chainlink at much lower prices. It was very clear to me that this was the case just based on the wave of news and timing of the flash crash structure that came shortly after. Its the same playbook over and over if its not a ETF to bring price up , its SEC hammer to bring it down or "China ban" or Elon musk selling btc holdings for tesla etc etc you get the picture. So where are we now , still under the 1/2 Gann Fan , at 6.8 dollars Chainlink will be over the 1/2 Gann Fann , lets see if its start closing above it that would signal a big change for LINK in terms of market structure. We also have this very nice support line here which until now I didn't notice , seems to be bouncing off this support for a long time. As I posted in my previous post of LINK , my indicators have been flashing bullish divergence and 5 wave counts across the board. This EW count suggests wave 5 is in and target is just under 8/1 Gann Fan , very interesting. and finally we have the most important Chainlink chart , the LINK/BTC dominance last LINK TA I talked about potential hidden bullish divergence if it bounced on this trendline. We got that bounce. So to conclude here , never sell your Chainlink at these levels , there is clearly big things happening in the background , when a coin has coordinated attacks to dump price and goes into some sort of Wyckoff accumulation its extremely bullish long term it might not seem that way short term and its been a long road for LINK holders but the play in a bear/sideways market is always to load up on fundamentals .
COINBASE:LINKUSDLong
by Sporia
21
📈Investing vs. Speculating: Understanding the Key Differences📉Navigating the Financial Landscape: Investing vs. Speculating for Smart Financial Growth In the intricate world of stock trading, distinguishing between an investor and a speculator is vital, despite their mutual interest in market analysis. Each follows distinct approaches and objectives, and understanding these differences is paramount before venturing into the stock market. With diverse individuals seeking to capitalize on opportunities and make profits, this article delves into the contrasting methods and goals of investors and speculators, shedding light on their unique strategies. Understanding the Distinction: Investor vs. Speculator At first glance, differentiating between an investor and a speculator might seem challenging. After all, both activities involve buying and selling stocks and require initial market analysis. However, the nature of these two approaches varies significantly. Before delving into the world of stock markets, grasping the difference between investing and speculation is essential. Each day, the stock exchange witnesses countless transactions, leading to continuous price fluctuations. Behind each trade lies an individual with their own motivations, strategies, and rules, all driven by the common desire to make money. However, their approaches diverge; some choose to invest, while others opt for speculation. Let's explore the dissimilarities. Who exactly is an investor? Investing involves purchasing stocks of companies at their intrinsic value, with the expectation of long-term growth and subsequent profitability. As the definition suggests, patience is required, as companies do not experience substantial growth within mere weeks. Investors build portfolios of stocks with a focus on the years ahead. Moreover, investors can generate income through means other than price appreciation alone. By becoming shareholders, stock buyers become co-owners of the company. They can participate in general meetings organized by the company and receive dividends, which are a portion of the company's profits shared with its investors. This way, investors receive periodic returns. Investing necessitates comprehensive analysis of the company whose stock one intends to acquire. The objective is to enhance the value of the acquired assets over the long term. Evaluating the prospects of a specific sector and the company itself entails reading recommendations, staying informed about market trends, and skillfully combining relevant information. Proficient investors are capable of constructing portfolios that yield consistent profits year after year. On the other hand, a speculator approaches the stock market differently. Speculation involves buying and selling stocks with the anticipation of profiting from short-term price fluctuations. Speculators typically focus on quick gains and may not be concerned about the company's long-term prospects. Their decisions are often driven by technical analysis and market trends, aiming to capitalize on short-term price movements. While both investors and speculators participate in the stock market, understanding their differing approaches and objectives is critical for making informed choices and achieving financial growth. Meet the Speculator: Focused on Profits and Market Swings Speculators are individuals whose primary focus is on making profits in the stock market. Unlike investors who carefully analyze the specific stocks they buy and the performance of the underlying companies, speculators are more concerned with the high volatility of prices that offers potential for quick gains. They may not be as concerned about the long-term prospects of a company; what matters most to them is the opportunity to capitalize on price movements, whether upward or downward. Unlike investors who prefer to hold stocks for the long term, speculators aim to quickly buy and resell stocks to profit from short-term price fluctuations. They may even utilize financial instruments such as contracts to benefit from falling prices. For speculators, the direction of price movement becomes inconsequential; they can make gains regardless of whether stock prices rise or fall. One instance of speculation occurred during the aftermath of the Brexit referendum when stock prices plummeted. Speculators saw an opportunity to acquire stocks at low prices, and many stocks rebounded in the following days. By investing in undervalued companies and taking advantage of people's tendency to overreact, speculators made significant profits within a short period. Unlike investors who focus on a company's financial performance and long-term growth prospects, speculators rely more on charts and market sentiment. They are sensitive to emotions in the market, such as fear during potential financial crises or uncertainties surrounding elections, which can significantly influence price swings. Speculators thrive on exploiting these rapid price movements, finding ample opportunities for their trading activities. However, it's important to note that speculating in the stock market involves heightened stress and risks due to the significant price fluctuations. As prices can change rapidly, speculators need to be prepared for the potential downsides and be well-versed in managing risks effectively. Timing Matters: The Distinct Approach of Traders and Speculators Distinguishing between traders and speculators becomes evident when considering the time factor in the world of stock trading. Investing in stocks requires patience, relying on a company's future growth, financial results, and potential dividends. Successful investing often involves waiting for several years to achieve substantial growth, surpassing the performance of other instruments like funds. On the other hand, speculation hinges on understanding short-term market sentiment and making quick decisions. Swift reactions to market changes are necessary as the stock market is prone to significant sell-offs followed by potential reversals. Speculators closely monitor the market and wait patiently for opportune moments to capitalize on rapid price movements. The paradox of speculation lies in the contrasting time frames involved: speculation itself is brief, but speculators invest considerable time observing charts compared to traders who simply maintain open positions. Combining Investment and Speculation In principle, one doesn't have to exclusively choose between investing and speculating. However, effectively combining an equity portfolio with a speculative portfolio demands substantial experience and time. It's essential to bear in mind that speculation carries significantly higher risks compared to investing. A seasoned investor can gradually construct a small speculative portfolio while allocating the majority of funds to long-term investments in stocks. The stock portfolio consistently builds capital, while the speculative portion can potentially yield an additional "bonus" when favorable market opportunities arise. Investor Sleeps Well: The Patient Approach of Investors While speculators engage in the challenging pursuit of profiting from daily price fluctuations, investors adopt a different approach. Investors carefully select stocks for their portfolios and patiently wait, exercising risk control. This approach enables them to focus on their professions or businesses while allowing their savings to grow through capital appreciation. One notable example of this investment strategy is Warren Buffett. Buffett has dedicated years to constructing portfolios by choosing shares of reliable companies that consistently share profits with their shareholders through dividend payments. This straightforward strategy, employed for decades, surpasses the performance of speculators and aggressive mutual funds. Success in investing relies on an investor's knowledge and understanding of prevailing market conditions. While the latter remains beyond anyone's control, the former depends solely on the experience gained with each subsequent trade. Investing is a gradual process, and as experience accumulates, positive results are more likely to emerge. Patience, discipline, and a long-term perspective are key traits of successful investors. The Best Approach: Investment or Speculation? The question of whether to invest or speculate ultimately depends on your individual goals, risk tolerance, and time horizon. Both strategies have their merits and cater to different types of traders. Investing is a long-term strategy that involves buying stocks of companies at their intrinsic value with the expectation of long-term growth and profits. Patient investors hold onto their stocks for years, conducting thorough analyses of company prospects and making informed decisions based on research and market information. They can also benefit from dividends as co-owners of the company, providing a steady income stream. Investing requires a disciplined approach to constructing portfolios that generate systematic profits over time. On the other hand, speculation is a short-term strategy driven by the desire for quick profits. Speculators are primarily motivated by profit and take advantage of high volatility in stock prices. They may not necessarily focus on a company's financial performance or the overall state of the economy. Speculators need to react swiftly to market changes, capitalizing on price swings. However, this approach involves higher stress and risk. Speculators can profit from both rising and falling prices, and their success relies heavily on understanding short-term market sentiment. While both investment and speculation have their merits, it's essential to note that speculation is generally riskier and requires a deep understanding of market dynamics. Combining an equity portfolio with speculative positions can be challenging and time-consuming. Most investors prioritize investing in stocks for long-term growth and stability while allocating a smaller portion for speculative opportunities. Ultimately, investors tend to have a more relaxed approach as they carefully choose stocks for their portfolio and patiently wait for their investments to appreciate over time. This approach allows investors to focus on their other commitments while still profiting from capital appreciation. Warren Buffett, a renowned investor, exemplifies this strategy by building portfolios of reliable companies that consistently share profits with shareholders. Investing is a continual learning process, and success depends on the investor's knowledge, experience, and ability to adapt to market conditions. So, the best approach boils down to aligning your trading style with your financial goals and risk tolerance. In the dynamic world of financial markets, the choice between investing and speculating is deeply personal, guided by individual goals, risk tolerance, and time horizon. Investors embrace a patient, long-term strategy, seeking gradual growth and sustained profits through careful analysis and informed decisions. On the other hand, speculators chase short-term gains, leveraging market volatility to capitalize on rapid price swings. While a combination of both approaches is possible, it demands expertise, time, and experience. It is crucial to recognize that speculation involves higher risks, making it essential for traders to approach it with caution and a deep understanding of market dynamics. For most investors, allocating a smaller portion of funds to speculative opportunities while predominantly focusing on long-term stock investments offers a balanced approach. In the end, regardless of the chosen path, success in financial markets requires a thoughtful and disciplined approach. Armed with knowledge, experience, and a clear strategy, traders can navigate the complexities of the market and work towards achieving long-term financial prosperity.
OANDA:XAUUSDEducation
by FOREXN1
27