THE UGLY TRUTH ABOUT CRYPTO TRADING (Nobody Dares to Admit) You buy a coin, feel like you cracked the code for 5 seconds⦠then watch it tank like itās on a mission to ruin your day. Itās not the market screwing you. Itās not some cosmic curse. Itās YOU. And weāve all been thereāuntil we get real with ourselves. Why 99% of Crypto Traders Crash and Burn (And How to Fix It) 1. Youāre Chasing Hype, Not Opportunity The chartās skyrocketing. Telegram groups are yelling āTO THE MOON!ā You FOMO inājust in time to hand your money to the big dogs cashing out. You didnāt ride the wave. You drowned in it. 2. Youāre Sucked in by the Noise If itās all over X, the smart moneyās already gone. They bought when it was boring. You bought the buzz, not the play. How to Stop Getting Played Stay Low-Key. Strike Precise. If the crowdās screaming about it, youāre too late. The real moves happen in the shadowsāpatience is your superpower. Ditch the Guesswork. Learn the Game. You donāt need a PhD in chartsājust focus on what works: Spot real breakouts, not pump-and-dump traps Check volume to see if itās whales or just hot air Use RSI and MACD to gauge momentum, not your gut Trade Like a Pro, Not a Degenerate Gambler No strategy? No stop-loss? No clue when to exit? Thatās not tradingāitās throwing darts blindfolded. What the Elite 1% of Traders Do Differently: They study the market, not X posts. They wait for high-probability setups, not āYOLOā moments. They stay ice-cold when the market freaks outāthatās their edge. They donāt chase pumps. They stack positions. They donāt vibe-check trades. They plan them. Your advantage isnāt in hypeāitās in discipline. If youāre sick of buying peaks and selling valleys, If youāre ready to stop being the marketās lunchā Drop āIāM READYā below. Letās trade like weāre here to win. #CryptoEdge
šØ Bitcoin Hits a New All-Time High ā So Why Are Altcoins Still Stagnant?
Despite Bitcoin soaring to new record highs, the broader altcoin market hasnāt followed suit. Here are the key reasons why altcoins remain quiet:
1. Bitcoin Dominance Is on the Rise
Investor attention is heavily concentrated on Bitcoin. As BTC dominance climbs, it signals that the bulk of capital is flowing into Bitcoin over other crypto assets. Itās the go-to asset, especially during early bull cycles.
2. Too Many Altcoins, Not Enough Demand
The altcoin space is saturated. Thousands of tokens exist ā many with similar functions and little innovation. This oversupply spreads investor interest thin, making it harder for standout projects to gain traction.
3. Ethereum Hasnāt Broken Out Yet
The ETH/BTC chart is still underperforming. Historically, Ethereum leading the market has been a strong indicator of an incoming altcoin rally. Without ETH strength, the rest of the altcoin market tends to lag behind.
4. Altcoin Surges Typically Follow Bitcoin Peaks
Altseason often lags behind Bitcoinās bull run. The market usually rotates into altcoins once Bitcoin stabilizes or enters a consolidation phase. Until then, the spotlight remains firmly on BTC.
š 1. Decode the Micro-Action: The 1-Minute Edge Price doesn't move in a straight line. Inside every major drop, there's a counter-rally brewingāvisible only to those who master the dance of candles on the 1-min or 3-min charts. The pattern of the last ~10 candles is your entry key.
š§± 2. Sidestep the Demand Zone Illusion See demand apparently crumbling? Thatās often the setup for a trap. Big players engineer fake-outs. If you short prematurely, you're their liquidity. Exercise patience. Wait for the feint, then make your move.
šÆ 3. Master One Arena: Singular Focus, Singular Asset Hopping between new coins isn't agility; it's a path to ruin. Commit to one coin. Learn its rhythm, its typical reactions. Every bounce, every rejection becomes a personalized tell.
š¼ 4. Guard Your Lifeline: Capital Preservation A 50% drawdown? That's a self-inflicted wound. Strategic Dollar-Cost Averaging (DCA) could have limited that pain to a mere 5%. Generating profits is achievable; safeguarding them is the true skill. Your capital is your oxygen.
ā±ļø 5. The Truth Unfolds on Shorter Timeframes Daily and 4-Hour charts paint the big picture. But the real, actionable intelligence? That's found on the 3-minute, 5-minute, and 15-minute charts. This is where opportunities are seized, and fortunes (or failures) are forged.
ā 6. Simplify to Amplify: Clean Charts, Clear Mind Drowning your charts in indicators? You're just creating noise and confusion. Prioritize price action, volume, and key zones. Uncluttered charts lead to uncluttered profits.
āļø 8. DCA Limit: Know When to Fold If 5 rounds of DCA haven't turned the trade profitable, you're fighting a losing battle. Don't delude yourself. Cut the loss, regroup, and plan your re-entry. In high-stakes environments, repeating mistakes is fatal.
The Bitcoin halving is a pivotal event in the crypto world, and the 2024 halving has sparked plenty of buzz. Hereās a clear breakdown of what it means and why it matters.
What is the Bitcoin Halving?
Every four years or so, the reward miners receive for adding new blocks to the Bitcoin blockchain is cut in half. This event, coded into Bitcoinās protocol, is called the halving. Itās designed to control the supply of new Bitcoins entering circulation, making BTC scarcer over time.
When Did the 2024 Halving Happen?
The most recent halving occurred in April 2024, at block height 840,000. The block reward dropped from 6.25 BTC to 3.125 BTC per block.
Why Does It Matter?
Supply Squeeze: With fewer new Bitcoins created, the supply growth slows. If demand stays steady or rises, this can push prices upward. Miner Impact: Lower rewards mean miners earn less, which could lead to smaller operations shutting down. However, efficient miners often thrive post-halving. Market Hype: Halvings tend to spark excitement, drawing in new investors and driving market momentum.
Historical Trends
Past halvings (2012, 2016, 2020) often preceded significant price rallies, though not immediately. For example:
2012: Bitcoin rose from ~$12 to over $1,000 within a year. 2016: BTC climbed from ~$650 to nearly $20,000 by late 2017. 2020: Prices surged from ~$8,700 to over $60,000 by 2021.
Past performance isnāt a guaranteed predictor, but these patterns fuel optimism.
Whatās Next for Bitcoin?
The 2024 halving has already set the stage for potential price action. Factors like institutional adoption, global economic conditions, and regulatory shifts will also play a role. Many analysts are bullish, with some predicting Bitcoin could hit new highs in 2025.
Get Involved
Want to dive into Bitcoin? Start by researching wallets, exchanges, and secure storage. Stay informed with trusted crypto news and always invest responsibly.
What are your thoughts on the 2024 halving? Share below!
Metaās Reality Labs loses $3.7 billion in third quarter. The division's revenue fell 26% to $210 million from $285 million a year earlier. https://www.cnbc.com/2023/10/25/metas-reality-labs-loses-3point7-billion-in-third-quarter.html
Clearpool launched on Optimism and received a 150K OP token grant which will be entirely distributed to lenders. https://x.com/ClearpoolFin/status/1717170948410122561
FTX and Alameda funds are on the move. - 2.2M USD LINK - 1M USD AAVE - 2M USD MKR - 3.4M USD ETH These funds moved to 0xde9 then 0xaee which is a Binance address. https://x.com/nansen_ai/status/1717114038470250974
The Securities and Exchange Commission charged BlackRock for failing to accurately describe investments in the entertainment industry that comprised a significant portion of a publicly traded fund it advised. To settle the charges, BlackRock agreed to pay a $2.5 million penalty. https://www.sec.gov/news/press-release/2023-226
Friend-to-crypto U.S. Rep. Tom Emmer declined to run for Speaker of the House of Representatives. https://www.coindesk.com/policy/2023/10/24/crypto-fan-tom-emmers-rise-and-fall-in-the-us-house-speaker-race-was-extremely-quick/
SBF trial moves to final stages- Prosecution scheduled to rest their case on Oct. 26 following the examination of almost 20 testimonies in the case https://cointelegraph.com/news/sam-bankman-fried-ftx-trial-moves-final-stages
A Bloomberg analyst said that even if Grayscale wins, the court will not demand the SEC to convert GBTC into an ETF. https://x.com/ericbalchunas/status/1714673646890049994
Since Scroll officially announced the launch of its mainnet, the network's TVL has increased 1091.43% to $5.61M. https://l2beat.com/scaling/projects/scroll
Mark Cuban, Elon Musk, Phillip Goldstein, Nelson Obus, Manoush Moshayedi filed a joint amicus brief against the SEC. In a joint amicus curiae brief, they argued that the SEC's current administrative procedures should be revised. The current procedures allow the use of staff judges to hear lawsuits filed by the SEC itself and prohibit defendants from having the right to a jury trial. https://x.com/eleanorterrett/status/1714768782424494430
Gensler says the SEC is still reviewing applications for spot BTC-ETFs and negotiating with the companies that submitted applications. https://m.investing.com/news/cryptocurrency-news/gensler-says-sec-is-still-weighing-bitcoin-etf-proposals--bloomberg-432SI-3202191
WazirX co-founder Nischal Shetty said that the Shardeum Whitepaper will be released on November 8th. Shardeum is a linearly scalable EVM-based smart contract platform that can continuously deliver low gas rates while maintaining decentralization and security through dynamic state sharding. https://x.com/nischalshetty/status/1714599080825950237