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Bozitari
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$DOGE
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#ShareYourTrades $DOGE I recently invested in Dogecoin at a price of $0.22745, and I'm excited about its current performance. As of now, Dogecoin is trading at approximately $0.22763, reflecting a modest increase of about 0.098% from the previous close. This uptick aligns with the broader positive momentum in the cryptocurrency market. Analysts have observed that Dogecoin has surpassed the $0.20 mark, reigniting hopes of reaching its previous all-time highs. Technical patterns, such as the formation of a "diamond bottom reversal," suggest potential for further gains. While the market remains volatile, the current trends are encouraging. I'm optimistic about Dogecoin's trajectory and will continue to monitor its performance closely.
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A Minus-Sum Game Winners in a zero-sum game make as much as losers lose. If you and I bet $20 on the direction of the next 100-point move in the Dow, one of us will collect $20 and the other will lose $20. A single bet has a component of luck, but the more knowledgeable person will keep winning more often than losing over a period of time. People buy the industry's propaganda about trading being a zero-sum game, take the bait, and open accounts. They don't realize that trading is a minus-sum game. Winners receive less than what losers lose because the industry drains money from the markets. For example, roulette in a casino is a minus-sum game because the casino sweeps away between three and six percent of every bet. This makes roulette unwinnable in the long run. You and I can get into in a minus-sum game if we make the same $20 bet on the next 100-point move in the Dow through brokers. When we settle, the loser will be out $23, and the winner will collect only $17, while two brokers will smile on their way to the bank. Commissions and slippage are to traders what death and taxes are to all of us. They take some fun out of life and ultimately bring it to an end. A trader must support his broker and the machinery of exchanges before he collects a dime. Being simply "better than average" is not good enough. You have to be head and shoulders above the crowd to win a minus-sum game. From the book STUDY GUIDE FOR THE NEW TRADING FOR A LIVING DR. ALEXANDER ELDER
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#TradeStories #TradeOfTheWeek The timeline we’ll keep manifesting.
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#TradeOfTheWeek Bitcoin has surpassed a $2 trillion market cap, making it the fifth-largest asset in the world—outpacing giants like Google and Amazon. This milestone marks a major leap from its humble beginnings in 2008, when the pseudonymous Satoshi Nakamoto released the Bitcoin whitepaper, introducing a peer-to-peer digital currency. Since then, Bitcoin has evolved from an experimental idea to a globally recognized asset. Factors fueling this surge include easing U.S.–China trade tensions, growing institutional adoption, and favorable regulatory shifts—like states allowing crypto investments. With Bitcoin’s price reaching new highs above $100,000, its rise underscores the power of decentralized finance and blockchain technology. And to think… it all started with a whitepaper.$BTC
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