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Tharindu
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#CryptoCharts101 đ Chart Reading â The Language of the Market Learning to read charts changed the way I tradeâit gave me structure and helped take emotion out of my decisions. I watch for classic patterns like flags, triangles, double tops/bottoms, and head and shoulders, but I donât treat them as magic signals. For me, context is everything. I always look at volume to confirm any potential breakout or reversal. If price is breaking out of a pattern but volume is weak, I get cautiousâit could be a fakeout. I also use support and resistance zones, moving averages (50 & 200 EMA), and trendlines to get a sense of where the market might react. These tools help me frame a bias, not predict the future. đŻ Better Timing = Better Trades One specific example: I was watching a descending triangle on a mid-cap altcoin. Price was consolidating and testing support multiple times. Rather than FOMO in, I waited for a clear breakout with strong volume and entered just above the breakout level. That patience paid offâI caught a 20% move in a couple of days and avoided the stress of guessing. On the flip side, Iâve also ignored reversal signs before (like bearish divergence on RSI) and stayed in a trade too longâso Iâve learned that exits matter just as much as entries. Chart reading doesnât guarantee success, but it gives you a roadmapâand thatâs essential in a market that moves fast and doesnât wait for anyone.
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#TradingMistakes101 đ Every Mistake is a Lesson â If You Pay Attention One of my biggest mistakes early on was chasing pumps without a plan. Iâd see a token suddenly trending, jump in out of FOMO, and watch it drop 30% right after I entered. I didnât use stop-losses, I didnât understand market cycles, and I was constantly reacting instead of planning. That experience taught me a tough but valuable lesson: if youâre buying based on hype with no strategy, youâre just exit liquidity for someone else. I started journaling my trades and realized I was making the same emotional decisions over and over. Once I began setting clear entry/exit points and stuck to themâeven if it meant missing a few âmoon shotsââmy trading became much more stable, and my losses got smaller. đ§ Discipline Beats Luck â Every Time What helped me the most was slowing down and focusing on the process rather than just the profits. I began using limit orders, always setting stop-losses, and treating risk management as non-negotiable. I also started learning to sit out of trades when things felt uncertain, instead of trying to force a win. For anyone just starting out, my best advice is: donât try to get rich quickâtry to stay in the game long enough to get good. The market isnât going anywhere, but your capital might if you donât protect it. Learn from your mistakes, ask questions, and surround yourself with people who value learning over hype. Thatâs how you grow.
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#CryptoFees101 đ¸ Crypto Fees â The Hidden Cost of Every Trade Whether youâre trading on a centralized exchange or diving into DeFi, fees can quietly eat into your profits if youâre not careful. On CEXs, youâll typically encounter maker and taker fees. A maker fee applies when you place an order that adds liquidity to the order book (like a limit order that doesn't immediately fill), while a taker fee applies when you remove liquidity by matching with an existing order (like a market order). Taker fees are usually higher, so if you're a frequent trader, being a âmakerâ wherever possible can add up to big savings. Outside of trading, withdrawal fees also matterâsome platforms have fixed crypto withdrawal charges, while others adjust based on network conditions. Always check them before moving funds. â˝ Gas Fees & Cost-Cutting Tips In the world of DeFi and self-custody, gas fees are a whole other beast. These are the transaction fees you pay to miners or validators on blockchains like Ethereum, and they fluctuate based on network congestion. At times, a simple token swap or NFT mint can cost more in gas than the asset itself. I usually check gas trackers (like Etherscan or GasNow) and time my transactions during off-peak hours to avoid overpaying. Another tip: use layer 2 networks (like Arbitrum or Optimism) where fees are dramatically lower. For CEXs, some offer fee discounts if you pay in their native token (e.g., BNB on Binance), or based on your trading volume tier. Keeping an eye on feesâand adjusting your habits to reduce themâis a smart way to protect your capital and trade more efficiently over the long run.
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Blur (BLUR)â¨Blur is a community-focused NFT marketplace and aggregator designed specifically for advanced traders. It offers real-time data, portfolio management tools, and the ability to list and trade NFTs across multiple platforms. Built on Ethereum, the BLUR token is an ERC-20 asset that gives holders governance rights over the Blur protocol, allowing the community to influence key aspects of its development. đ Blur (BLUR) Market Snapshotâ¨As of now, BLUR is trading at $0.088. On Kraken alone, around 169,133 BLUR (worth roughly $14,920) was traded today. BLUR is available on several major exchanges, though access may vary based on your location due to regional restrictions. đ Price Performanceâ¨Over the past year, BLUR has seen a significant declineâdown 73.88% from its yearly high of $0.44, with a recent low of $0.084. In shorter timeframes, the price has dropped 4.60% in the last 24 hours, 2.73% over the past week, and 25.22% in the last month, reflecting ongoing volatility and broader market pressures. #tradersleague2 #TradersLeague
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#CryptoSecurity101 In crypto, you are your own bankâwhich means security isn't optional, it's essential. The first decision is how you store your assets: hot wallets (connected to the internet, like MetaMask or Trust Wallet) are convenient for active trading and DeFi interaction, but theyâre more exposed to hacks and phishing. Cold wallets (like Ledger or Trezor) are offline and far safer for long-term storage. I personally use a mix of both: hot wallets for small amounts and daily use, and cold wallets for larger holdings I donât touch often. That separation keeps me nimble but protected. đĄď¸ Iâve learned (sometimes the hard way) that managing your own crypto means taking every precaution seriously. I never share seed phrases, double-check wallet URLs, and use hardware wallets for storing significant amounts. I also split assets across multiple wallets and enable 2FA on all linked accounts. One best practice I always recommend is using a burner wallet for new dAppsâjust in case something goes wrong. And no matter how experienced you are, always pause and verify before signing any transaction. In Web3, staying SAFU isnât about paranoiaâitâs about consistency and discipline.
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