GOLD A successful trader is not the one who just makes the most profit but the one who effectively protects their capital. Success in trading depends on risk management, including the smart use of stop-loss and take-profit levels. A professional trader follows a disciplined strategy rather than making emotional decisions, prioritizes account protection, and builds a foundation for long-term growth in the market.
To some extent an investment in ETHUSD is an investment in its savant founder Vitalik Buterin who among other things built a distributed computer, the second largest crypto by market cap, took it from proof of work to proof of stake, and provided the conceptual framework for automated market makers. I rode ETH from the mid 200s into the 4000s, then back down below 2000. That money facilitated a lot of experimentation in the markets, helping me grow tremendously as an investor and a trader. A lot has happened since those early days. One of them is called Solana, the other one is called XRP. There's also a conspiracy theory that ETH was prematurely classified as a commodity and XRP wasn't because folks making the decision had a conflict of interest (they were big ETH holders). The ETH network is now somewhat fragmented with all the layer twos out there, but it's definitely got traction. The largest stable coins USDT & USDC run on ETH, as well as the de facto oracle network, LINK. UNI is the largest AMM by a long shot. So ETH is an incumbent. Can its embattled leader bring it to the fore again and conjure global excitement to spark an epic price rally like the days of old? It wouldn't surprise me 🤑
BTCUSDT.P Guys, it may look like that BTC dominance is retracing and Alt season is about to begin. Remember that Alt coins on their bitcoin pairs haven't gone to the range lows and even if a rally occurs it will probably result in a lower high. Just be careful with alt trades. SOLUSDT.PETHUSD.P
GOLD A successful trader is not the one who just makes the most profit but the one who effectively protects their capital. Success in trading depends on risk management, including the smart use of stop-loss and take-profit levels. A professional trader follows a disciplined strategy rather than making emotional decisions, prioritizes account protection, and builds a foundation for long-term growth in the market.
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