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CryptoPM @CryptoPM
I lost $10k in futures in 3 weeks a few years ago.
I didn’t even tell my best friend, I was so ashamed.
I had a string of beginner luck trades and thought I was an expert.
He would even occasionally ask me for calls.
But those 3 weeks were the most stressful time of my life.
Cos I thought I was good at trading, so when I’d loose a trade I’d open another one right after.
Not thinking logically, revenge trading.
Revenge trading ran my futures balance to 0.
Most of my losses came from my 2nd or 3rd trade of the same day, because I was hot and wanted to make it all back.
Trading futures is an extreme sport, money can be made from it but it’s not for everyone.
Here are some tips to help guide you:
➤ Always stay calm and composed.
➤ Trade only when you see a good chart, not because you’re supposed to trade, so be patient.
➤ Use TA only, no hunches, no gut feeling, none of that.
➤ Stop loss is a must.
➤ Set take profit points before placing trade, otherwise greed won’t let you close the trade and you’ll lose it back.
➤ Never revenge trade. If you’re having a series of losses, take a break.
➤ Don't over leverage, it will reck you.
Trade safely guys, LFG 🔥.
#cryptopm
I didn’t even tell my best friend, I was so ashamed.
I had a string of beginner luck trades and thought I was an expert.
He would even occasionally ask me for calls.
But those 3 weeks were the most stressful time of my life.
Cos I thought I was good at trading, so when I’d loose a trade I’d open another one right after.
Not thinking logically, revenge trading.
Revenge trading ran my futures balance to 0.
Most of my losses came from my 2nd or 3rd trade of the same day, because I was hot and wanted to make it all back.
Trading futures is an extreme sport, money can be made from it but it’s not for everyone.
Here are some tips to help guide you:
➤ Always stay calm and composed.
➤ Trade only when you see a good chart, not because you’re supposed to trade, so be patient.
➤ Use TA only, no hunches, no gut feeling, none of that.
➤ Stop loss is a must.
➤ Set take profit points before placing trade, otherwise greed won’t let you close the trade and you’ll lose it back.
➤ Never revenge trade. If you’re having a series of losses, take a break.
➤ Don't over leverage, it will reck you.
Trade safely guys, LFG 🔥.
#cryptopm
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CryptoPM @CryptoPM
Dear Binance Square Followers,
I am truly grateful for your unwavering support and trust. We've reached a significant milestone of 70k followers, and it wouldn't have been possible without each and every one of you. Thank you for being a part of this incredible journey. Wishing you all a Happy Thanksgiving filled with warmth and gratitude.
With heartfelt appreciation,
#CryptoPM
I am truly grateful for your unwavering support and trust. We've reached a significant milestone of 70k followers, and it wouldn't have been possible without each and every one of you. Thank you for being a part of this incredible journey. Wishing you all a Happy Thanksgiving filled with warmth and gratitude.
With heartfelt appreciation,
#CryptoPM
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CryptoPM @CryptoPM
Here are the key points from the Bitcoin price analysis:
1. Bitcoin's long-term analysis indicates a bullish influence, suggesting the potential for a bull run.
2. In the short term, the price action may take more time than expected due to strong bearish pressure.
3. Bitcoin is currently trading around $27,900, facing significant resistance at $28,000.
4. Recent price action includes a 23.6% retracement from a climb that took it from $24,900 to $28,613.
5. Market sentiment has been fluctuating as both bullish and bearish forces vie for control.
6. There is optimism that could drive the price above $28,500, with further resistance around $29,000.
7. The most likely scenario is a gradual ascent toward the $30,000 mark, but breaking through $28,500 may be challenging.
8. The Relative Strength Index (RSI) suggests a potential bearish reversal as it approaches overbought levels, which could lead to a retest of support at $25,831.
9. Bitcoin is currently experiencing a tug-of-war between bullish and bearish sentiments.
10. Despite the challenges, the overall trade setup hints at a potential price rise beyond 2023 highs, with a neutral fear and greed index at 49.
#cryptopm #CryptoNews
1. Bitcoin's long-term analysis indicates a bullish influence, suggesting the potential for a bull run.
2. In the short term, the price action may take more time than expected due to strong bearish pressure.
3. Bitcoin is currently trading around $27,900, facing significant resistance at $28,000.
4. Recent price action includes a 23.6% retracement from a climb that took it from $24,900 to $28,613.
5. Market sentiment has been fluctuating as both bullish and bearish forces vie for control.
6. There is optimism that could drive the price above $28,500, with further resistance around $29,000.
7. The most likely scenario is a gradual ascent toward the $30,000 mark, but breaking through $28,500 may be challenging.
8. The Relative Strength Index (RSI) suggests a potential bearish reversal as it approaches overbought levels, which could lead to a retest of support at $25,831.
9. Bitcoin is currently experiencing a tug-of-war between bullish and bearish sentiments.
10. Despite the challenges, the overall trade setup hints at a potential price rise beyond 2023 highs, with a neutral fear and greed index at 49.
#cryptopm #CryptoNews
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CryptoPM @CryptoPM
Here are 10 important points regarding the ongoing SEC vs. Ripple lawsuit and attorney Jeremy Hogan's analysis of potential outcomes:
1. The SEC vs. Ripple lawsuit has been ongoing for three years, and recent developments include the denial of an interlocutory appeal filed by the SEC.
2. The judge has ordered new trial dates, indicating that the case is far from concluded.
3. Attorney Jeremy Hogan shared his insights on the case through social media, emphasizing that settlement remains the SEC's last resort.
4. Hogan's "Option #3" suggests that the SEC could potentially settle all litigation lawsuits against Ripple and individual defendants.
5. Settlement, in Hogan's view, could allow the SEC to claim a victory and secure a substantial financial settlement from the defendants.
6. Hogan estimates an 18.987% chance of the SEC pursuing a settlement.
7. Hogan also outlines other possible scenarios for the case, with an 81.013% combined chance for these outcomes.
8. One scenario (39.456%) suggests that the SEC will proceed with the trial in April 2024, potentially facing challenges as their case unfolds.
9. Another scenario (32.113%) involves the SEC settling litigations against individual defendants, proceeding with the trial against Ripple, and potentially appealing unfavorable judgments.
10. Ripple XRP's attorney, John Deaton, believes there may not be a further trial due to the judge's prior decisions, a lack of compelling evidence from the SEC, and the potential high costs of a trial.
#CryptoNews #cryptopm
1. The SEC vs. Ripple lawsuit has been ongoing for three years, and recent developments include the denial of an interlocutory appeal filed by the SEC.
2. The judge has ordered new trial dates, indicating that the case is far from concluded.
3. Attorney Jeremy Hogan shared his insights on the case through social media, emphasizing that settlement remains the SEC's last resort.
4. Hogan's "Option #3" suggests that the SEC could potentially settle all litigation lawsuits against Ripple and individual defendants.
5. Settlement, in Hogan's view, could allow the SEC to claim a victory and secure a substantial financial settlement from the defendants.
6. Hogan estimates an 18.987% chance of the SEC pursuing a settlement.
7. Hogan also outlines other possible scenarios for the case, with an 81.013% combined chance for these outcomes.
8. One scenario (39.456%) suggests that the SEC will proceed with the trial in April 2024, potentially facing challenges as their case unfolds.
9. Another scenario (32.113%) involves the SEC settling litigations against individual defendants, proceeding with the trial against Ripple, and potentially appealing unfavorable judgments.
10. Ripple XRP's attorney, John Deaton, believes there may not be a further trial due to the judge's prior decisions, a lack of compelling evidence from the SEC, and the potential high costs of a trial.
#CryptoNews #cryptopm
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CryptoPM
@CryptoPM
Top 10 Upcoming Crypto Areas
Disclaimer: This article is for informational purposes only and does not endorse any specific projects or investments.In the ever-evolving world of cryptocurrencies, innovation knows no bounds. Recently, Coinbase founder Brian Armstrong revealed his top 10 crypto entrepreneurial tracks, shedding light on some niche and early-stage areas that have captured his attention. In this article, we'll...
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CryptoPM @CryptoPM
Headlines for the Day 🚨
1️⃣Former Paypal President says "we're trying to turn Bitcoin into a global payment network."
2️⃣🇮🇳India To Take Decision On Crypto Regulations In Coming Months ! -
3️⃣🇹🇼 Taiwan Crypto Watchdog to Issue 10 Guiding Principles for Virtual Assets in September: Report -
4️⃣BNB Maintains Momentum With 40% Increase In BNB Chain Users
5️⃣Vitalik Buterin’s X Account Suspected Of Being Hacked And Posting Phishing Links
6️⃣Sushi exchange announces expansion to Aptos blockchain
#cryptopm
1️⃣Former Paypal President says "we're trying to turn Bitcoin into a global payment network."
2️⃣🇮🇳India To Take Decision On Crypto Regulations In Coming Months ! -
3️⃣🇹🇼 Taiwan Crypto Watchdog to Issue 10 Guiding Principles for Virtual Assets in September: Report -
4️⃣BNB Maintains Momentum With 40% Increase In BNB Chain Users
5️⃣Vitalik Buterin’s X Account Suspected Of Being Hacked And Posting Phishing Links
6️⃣Sushi exchange announces expansion to Aptos blockchain
#cryptopm
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CryptoPM
@CryptoPM
Dự đoán giá Stellar Lumens (XLM) năm 2023, 2024, 2025, 2030, 2040 và 2050
The cryptocurrency market has gained significant attention, with various digital assets making waves in recent years. One such cryptocurrency is Stellar Lumens (XLM), which has garnered popularity for its focus on facilitating cross-border transactions and financial inclusion. In this article, we will provide price predictions for Stellar Lumens (XLM) for the years 2023, 2024, 2025,...
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CryptoPM
@CryptoPM
Dự đoán giá Verge (XVG) 2023, 2024, 2025, 2030 | XVG có phải là một khoản đầu tư tốt không?
Cryptocurrencies have garnered global attention and Verge (XVG) is among the notable digital assets in this rapidly growing market. Launched in 2014 as DogeCoinDark and later rebranded as Verge, this privacy-focused cryptocurrency aims to provide a fast, efficient, and secure payment network while addressing privacy concerns. Verge leverages the Tor anonymity network to enhance transaction...
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CryptoPM
@CryptoPM
Dự đoán giá Storj (STORJ) 2023, 2024, 2025, 2030 | STORJ có đáng mua không?
Cryptocurrencies have taken the financial world by storm, and Storj (STORJ) is no exception. This decentralized cloud storage platform has garnered significant attention since its inception, offering a more secure and cost-effective way to store data. As the crypto market grows increasingly volatile, predicting STORJ's future price is a complex task. However, various indicators and...
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CryptoPM
@CryptoPM
Giải mã bí ẩn đằng sau đợt tăng token Shiba Inu (SHIB) và vai trò của Vitalik Buterin
The meteoric rise of the Shiba Inu (SHIB) token in the world of cryptocurrencies has been a subject of intrigue and speculation. However, a recent post by Shibburn aims to shed light on a critical aspect of this phenomenon: the massive SHIB burn orchestrated by Ethereum co-founder Vitalik Buterin in 2021. Decoding the Mystery Behind...
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