How to tame Crypto Market?🤑Hello, dear bottom catchers😉
It's difficult looking at the market correction. Waiting for a strong and prolonged correction is doubly difficult. Fears and concerns are very easy to understand, when we see today's prices 😱
Each of Us wants to catch the very bottom. With a high probability I can say, that's almost impossible!
You can ask me <> I can answer You😉
1. Undervalued buy orders. Trader expects to see price too low and misses the opportunity to buy during the correction
2. The price hits the bottom too quickly and simply "flies" up. That's very typical of Bitcoin
3. Greed. That's a terrible vice. A trader, seeing, that the price goes down for a long time, constantly looks at the movement and tries to predict and grab the bottom, but that's impossible without experience.
I can give You advice for protect Yourself!💥
Split Your buy orders🔥🔥 (that's part of my strategy).
What does it mean?
Using Fibo levels, find the "golden mean" of the retracement and set several buy orders in this zone.
(How to use Fibo levels, You can find in my next EDU post, stay tuned )
What will we get from it?💥
1. We don't have to worry about missing the opportunity to buy at a discounted price. By splitting orders, we can average the average purchase price.
2. You don't have to sit at the computer all day and not spoil your nerves. Take a rest. And You'll forget about greed
What do you say, friends?
I really wanna be useful to you, guys!
I make every post with love and it brings me extraordinary pleasure!🙏🏻
Thank you for staying with me💋
Always sincere with You🧡
Your Rocket Bomb🚀💣
Rocketbomb
Bitcoin & Rocket Bomb's view 🎉Hello, my lovely friends!💋
It's time for my Bitcoin update!😉
For Now ONLY short - term trades! That's safer way to make money!
DON"T BUY BTC ON LONG TERM TRADE!!!!
To be honest, I'm selling my Bitcoin holdings that I have been holding since March.Don't wanna be greedy😉
Nowadays, too many people are talking about Bitcoin at 100K and above.
I don’t see any prerequisites for this yet. I don't deny anything, but I'll not risk it.
Buy and sell area you can find on my chart!
Stay safe and stay with me😻
Thanks for Your attention🙏🏻
I love You very much and appreciate each of You💋
Sincerely yours Rocket Bomb🚀💣
Litecoin/Bitcoin potential 🚀Hello, my dear traders!
The cryptocurrency market is full of opportunities every minute!You can earn a lot and You can lose a lot🤷🏽♀️
In pursuit of wealth, we forget about the main thing - it's safety!
What is needed for stay safe? - Calculate the risks correctly!
If you are building your portfolio for a medium or long term, the best option would be to buy altcoins, that are at the bottom.
Looking at the Litecoin / Bitcoin chart, we can conclude, that the price accumulates for a long time on a historical bottom. And that's not bad opportunity to add this pair to your portfolio. Do you agree with me?
You can find buy and sell levels on the chart
Thank you for staying with me😍
I'm always glad to help you, my dears💋
Your Rocket Bomb🚀💣
XRP is NOT dead🙅🏻♀️Lately there have been rumors that XRP is a dead coin. I disagree.
Sly - yes, but not dead!
IT will make us happy again.
The main thing is that it's dangerous to buy it when the price is overgrowth.🙅🏻♀️
When everyone is talking cool about it, it's time to sell.😉
Stay safe with XRP
Your Rocket Bomb 🚀💣
LTC/USD📣 quick update!Hello, friends! The price can going down in zone, that I marker as buying zone.
Try to catch price there and put sell orders at levels, that i called <>
Looks very simple, but it works for Us😉
HAPPY NEW YEAR, my lovely friends🎄🎄🎄
Thank you for staying with me🧡
Sincerely Yours Rocket Bomb🚀💣
Bitcoin by Rocket Bomb🚀💣Guys, now looking at the pump 2017, it seems to me that it was childish babble, although then it did not seem so))))
Looking at eternal growth is unbearably painful, and you just want to fly in on the next green candle.
But nobody knows whether the deal will be successful!
All, that we can do now is focus on short-term trades and catch the wave! What I'm trying to do))))
There are small corrections, try to catch them and DON"T risk a lot of money!
Try to stay safe and don't stop learning!
Have you seen the Growth of Dogecoin, by the way?
Who managed to catch the wave?
Thanks for Your attention🙏🏻
I love You very much and appreciate each of You💋
Sincerely yours Rocket Bomb🚀💣
Ethereum / Dollar 💥 #RocketBombquickideaHello dear friends! My previous posts were comments like "don't try to catch the price, we're flying to the moon"! I don't blame anyone, and I ask for respect me!
Sometimes I really can not catch the price, this is normal, the main thing is not to lose money buying Top!
At the moment, the situation is next!
Several orders have been triggered, the price may still go lower, but that's unlikely!
On the chart you can find the buy area and the sell area!
Happy trading guys!
Stay calm and control your emotions. - thats most important!
Always sincerely your Rocket Bomb🚀💣
9 Golden Rules of Effective Money Management 9 Rules of Effective Money Management in Trading
1. Choose the correct position size.
The basic rule is one: don't forget to minimize your risk and correctly calculate position size in every deal.
For example, you can invest all initial capital in one trade. But why? After all, you can never be sure, that particular deal is guaranteed to bring profit. Many professionals use the "Rule of 2% " - when in one position a trader risks no more than 2 percent of him deposit. In this case, if the trade is closed at a loss, you'll only lose a small amount of money.
There is also an alternative approach, where the trader risks a fixed amount of money (for example, $ 5), that he would be comfortable with losing.
2. Don't trade too aggressively
One of the biggest mistakes is too aggressively trading . Even a small series of several losses in a row, with an incorrectly selected position size, can lead to a significant decrease in the size of your deposit.
3. Always set Stop Loss
Placing a Stop Loss order for each trade has practically no drawbacks, only advantages. Very often, traders become emotionally attached to their trades, which can be fatal.
For example, if a trade becomes unprofitable, an emotionally involved trader will not want to close it and will believe, that the price can still turn around and go in the right direction. Setting a stop loss helps overcome this problem. Thanks to the stop order, you can strictly control the ratio of profit and risk. You should always follow this rule, so that money management in trading gives you tangible advantages, and the deposit doesn't melt before our eyes.
This is one of the basic principles of risk control. Certainly not the only one.
4. Be careful with leverage
In the cryptocurrency market, many traders use leverage. It can be useful, but using it can also lead to huge losses.
As long as you rationally sizing your position and not using too high leverage, then you are fine, you are safe.
5. Keep your emotions under control
Capital management in the market full of emotions: from excitement and euphoria to fear and frustration. Try to free your mind of emotions - this will help you make rational decisions. The easiest recipe not to lose money is to take control of your emotions. All wrong trading decisions are usually made under the influence of emotions.
6. Take responsibility for your results (both losses and profits)
How to manage capital? First of all, with full awareness and responsibility. Traders must recognize, that their trades can be both profitable and loss-making. Assuming every transaction will be successful you can be wrong. A realistic trader knows that any result is possible and is ready for it, while accepting at the same time what the market will bring to him.
7. Manage your risk and avoid overtrading
A trader should get into the habit of analyzing all types of risks. You should zvoid overtrading, which is often the case for newbies traders , who don't have a plan. With such an approach, the attempt to stick to effective money management in trading often ends in failure.
8. Set the position size and take profit level
It is a key element of money management in trading. Before trading, a trader must determine:
🪄Position size
🪄Stop loss size
🪄Take profit level
9. Cut losses quickly and let profits grow
According to this money management advice, you should close those trades that lead to losses according to your trading system on time and get the most out of winning trades.
Enjoy your trading journey!
I try to be useful to You🧡
Always sincerely with You😊
Your Rocket Bomb🚀💣
Ethereum / Dollar 💥 #RocketBombquickideaFriends, just a quick overview on Ethereum - let's make a short-term trade!
Market is pumping, and it's hart to catch the price) But buying on highs is so risky, wait for the rollback price and welcome!💋
The crypto world is filled with many opportunities every minute. Relax, take it easy ))))
Keep a cool mind and be safe!
Always your Rocket Bomb🚀💣
Trading vs Holding 🤯The profitability of cryptocurrencies over a long period is very attractive. So why just not invest in cryptocurrencies according to the <> strategy and keep them a couple of years? 🤔
💥It's hardly possible to give an unequivocal answer to that question, since everyone has their own strategy, psychology, and risk appetite.💥
👍🏻 Some arguments in favor of trading: 👍🏻
👉🏻 not all cryptocurrencies live for a long time, and those assets that are now leaders can become outsiders after only a year or two;
👉🏻 investing in a Buy & Hold strategy is justifiable if there is significant free capital, that can be diverted from circulation for a long period of time.
❗❗You can increase your profitability if you combine the holding strategy with active trading (or at least re-balance the portfolio from time to time).
👉🏻Giving preference only to long-term investment, it's impossible to acquire trading skills, which, by the way, can become an additional source of income.
👉🏻As for the arguments in favor of the Buy & Hold strategy, the image illustrates them most clearly🤣
Thus, trading allows you to profit in the short term, and long-term investment doesn't require frequent activities, as well as the study of various indicators and trading strategies.
However, in both cases, a rational choice of assets, discipline and balanced decision-making are required.
In any case, if you choose one of the strategies or their combination, you can't do it without knowledge and skills.
What do you choose for trading?🧐
Therefore, I always urge you to develop, learn something new, and people who have long been on the market - don't stop self-development.💪🏻💪🏻
Guys, if you liked my post, put me 👍🏻 and write your thoughts in a comments✍🏻
Don't forget to subscribe, if you aren't already😆
And of course, stay with me, dear💓💓💓
Your Rocket Bomb🚀💣
ℍ𝕒𝕝𝕧𝕚𝕟𝕘 2016 vs ℍ𝕒𝕝𝕧𝕚𝕟𝕘 2020🚀Hello🧡I hope you're feeling great and stay in positive mood🙏🏻
Just wanna remind You my previous chart 😉just look how it going...🚀
What do you say, guys? 🚀
I would like to discuss the upcoming fate of BTC with you. 🙏🏻
✍🏻Write your thoughts in the comments!
Thanks for Your attention🙏🏻
I love You very much and appreciate each of You💋
Sincerely yours Rocket Bomb🚀💣
Litecoin's potential 🚀Hello, my friends! Let's look at LTC's daily chart! It's look like this great coin going to the moon🚀
Strong level behind and now good to waiting for rollback price and grab some LTC for mid - term - for increase Your portfolio🤑
Just remembered my post from July👇
one more 👇
Stay safe and optimistic🙏🏻
I try to be useful to You🧡
Always sincerely with You😊
Your Rocket Bomb🚀💣
Bitcoin & Rocket Bomb's view 🧐Hi, dear friends, hope You had a great party yesterday!🎉
I'm updating yesterday's Bitcoin idea, although it's still valid.
Now the price has formed an ascending triangle, the exit from it will most likely be down- by the width of the triangle.
This correction will be a good opportunity to buy Bitcoin for a medium or short term at a discounted price😉
🪄You can find buy and sell levels on the chart
If you have any questions, write me in the comments)
Stay safe and optimistic🙏🏻
I try to be useful to You🧡
Always sincerely with You😊
Your Rocket Bomb🚀💣
Bitcoin & Rocket Bomb's view 🥳Hello, today the price of BTC is pumping! It's so great for long term holders like me🥳
I'm gradually making profit from long-term trading!💪
The secret of successful trading is the correct allocation of capital.😉
One part is for medium-term - long-term deals, and other for short-term.
What I'm planning to do in this situation?
For a successful buying, I'm waiting for the price pullback to the levels, that you see on the chart.🔔
In the meantime, when the price was pumping, I took long-term profit.
How do you react to a pump? Are you panicking? Buy on highs? Or just sit and watch with popcorn?🍿
Love you😍
Your Rocket Bomb🚀💣
Dogecoin: Hope you like pets🐕Hello, my dears! How are You! That's little shock content here😆
What will you choose? Buy at the Bottom or Buy Tops?
I think this chart speaks for itself😉
Who has already bought Dogecoin?
I bought it a long time ago. The first buy order was at 20, then I decided to buy at a cheaper price at 16 - this gave me the opportunity to average the price = 18.
Let's be patient.🙏🏻
PS Place sell orders immediately, because the price soars at lightning speed. There is a chance not to keep the profit))))))
Thank you for staying with me💋
Always sincere with You🧡
Your Rocket Bomb🚀💣
Ethereum / Dollar 💥 #RocketBombquickidea 📣Friends, just a quick overview on Ethereum .
Don't buy on highs, wait for the rollback price and welcome!
The price breaking down symmetrical triangle! Don't miss an opportunity to catch the sale price. Put some BO at levels of buying zone😉and waiting for a growth) Sell orders also you
can find on my chart!
Keep a cool mind and be safe!
Always your Rocket Bomb🚀💣
New Year Bitcoin Update by Rocket Bomb 🚀💣Hello, dear friends!🧡
I can't start the party and leave you without Rocket Bomb's Bitcoin update! 🧡
I would like to tell THANK YOU, that you are so worried about my health! My private messages were bursting with Your advice and words of support. I'm so happy, that You a part of MY World💋🙏🏻
That's just a huge value for me!😊 Thank's each of you!💋
It became much easier! Still not good as I would like, but it's better than it was!
As for Bitcoin 💰
On the chart, you can see, that the price is going down from ascendind wedge.
I marked the buy and sell levels in zones for You.
Don't be greedy and split buy orders, so you don't miss out the best price.💥
And of course, it will be interesting to analyze the recent history of Bitcoin movement. For now - identical , IMHO😉
What do you think? By the way, when will the long-awaited deep correction be? Maybe never?)))) Any thoughts?🧐
HAPPY NEW YEAR, my lovely friends🎄🎄🎄
Thank you for staying with me🧡
Sincerely Yours Rocket Bomb🚀💣
Bitcoin & 2 scenario 🔥Hello, my dear friends!
Sorry to be missing for a while.🤦🏻♀️
I got sick with Coronavirus.😱 Today is the 5th day, and I'm only getting worse.😷
But the growth of Bitcoin is good news. Although it's very difficult for me to type this text, I have no strength at all. I want to warn with this post, that no need to buy at the top, wait for the price rollback to the levels marked on the charts and just wait.
No need to fuss and open randomly deals, trading is a cold mind😉
Just place buy and sell orders and go get ready for the New Year party🎄
You don't have to sit and look at the price every second.
If you have any questions, write in the comments.
Your rays of kindness and positiveness are very important to me.🙏🏻
Thank you for staying with me🧡
Sincerely Yours Rocket Bomb🚀💣
Choose YOUR own CORRECT way 🙏🏻Now is the time, when many newcomers enter the market, why I consider it's important to repeat some of my previous posts.
And of course "Repetition is the mother of learning"😉
Indeed, the Internet are full of different advertisements, that making money can be easy and effortless on the Crypto market, but that's not true.
Now I'm ashamed to admit, but ones, I came here for the same reason.🤦🏻♀️ And like many newbies, I made many mistakes.
Any person, who wants walking trader's journey has initially two roads - (on the picture I marked them as "correct" and "wrong"). That's my subjective vision, which I demonstrate you after passing the difficult path of my own.
WRONG WAY:
◽ Waiting for quick money.
◽ Changing the trading system after each loss.
◽ Using different approaches without understanding them.
◽ Looking for a trading guru, who promises a big income in the shortest time.
CORRECT WAY:
◽ Realize that's ok to loss money, but need try to control risks and analyze our own mistakes.
◽ Desire to develop Yourself . Create your own trading system and improve it.
◽ Carefully study the main approaches, analyze what works best for you.
◽ Find someone, who will point out Your mistakes, can help with advice, but wouldn't do all work for you.
Having gone the wrong way, I decided to go back and start from the very beginning. And I'm not going to stop!Only forward!
I really hope my post helps newbies. It's impossible to avoid all mistakes, everyone has their own path. But how comfort it will be, that's all depends on you!
But we Ukrainians say: "Forewarned is forearmed!"
I wish You patience, strength, perseverance and a huge desire to
conquer the market, because every minute it is filled with different opportunities. But without knowledge it will be very difficult to "catch" these opportunities!
Stay safe and optimistic🙏🏻
I try to be useful to You🧡
Always sincerely with You😊
Your Rocket Bomb🚀💣
Ethereum / Dollar 💥 #RocketBombquickideaFriends, just a quick overview on Ethereum.
Don't buy on highs, wait for the rollback price and welcome!
The crypto world is filled with many opportunities every minute.
Keep a cool mind and be safe!
Always your Rocket Bomb🚀💣
If You're interesting in Bitcoin, here is my fresh chart. You can check it out 👇🏻
Bitcoin quick Rocket Bomb's view😉Hello friends! Here's my quick overview on Bitcoin.
Now the price is finishing forming a symmetric triangle - a very tricky figure, because the exit can be in any direction.
Since the beginning of the triangle formation began with a downtrend, it can be assumed that we will continue to correct and the price will go lower.You can find the level on my chart.
Don't forge,t that fake triangle exits are very common in Bitcoin.
As for my trading, I prefer not trade such movements.
After all, I have a few sad shorts in a bull market.🤦🏻♀️
🔥Get ready to buy at a cheaper price according to my previous chart.
Thank you for staying with me💋
Always sincere with You🧡
Your Rocket Bomb🚀💣