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TurtleBitChomp
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I have been testing copy trading for a week. That is, he trusted other people. LOSING MONEY week. And who has what experience? $BTC $ETH
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$XRP - $3.40??? The XRP/USDT pair is currently consolidating within a downward channel between key levels. The price is near the upper boundary (~$2.42) and is moving in a wedge formation, which could indicate a potential breakout in either direction. Key Levels: Fib support levels: $2.24 (0.382), $2.09 (0.5), $1.94 (0.618) Key resistance: $2.72 (local high) Scenarios: Bullish Scenario (upward breakout): A break above the descending trendline and a hold above $2.42 will signal a continued rally toward $2.70 and potentially higher to $3.40. Probability: ~60% Bearish Scenario (downward pullback): If the price fails to overcome $2.42 and continues moving within the descending channel, a drop to $2.24 or even $2.09 (the 0.5 Fib level) is possible. Probability: ~40% Plan of Action: If you expect an uptrend: consider a gradual entry after a breakout and consolidation above $2.42, with a tight stop loss below that level. If you anticipate a pullback: place buy orders near $2.24 or $2.09 to take advantage of a potential bounce. Post Title for Binance: "XRP at a Crossroads: Preparing for an Explosive Move or a Deep Correction?" #2024withBinance
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Leverage 5, 7, 10, or 100? I’ve defined the perfect leverage for myself — it’s 7. I use it only when I’m confident in what I’m doing. In my main margin trading, I stick to leverage 3 — it’s the most balanced and safest option. Greed can cost you a lot. Let me share a short story. Once, I managed to achieve +4500% in just 4 weeks. And no, it wasn’t on altcoins. It was Gold, $BTC , and $XRP , with Gold making up the majority. The average leverage I used ranged from 7 to 17 (which was already too much). I made 72 trades, 65 of which were profitable. Then I got carried away. My leverage increased to 20, 30, 50, and even 100. At that point, I completely lost control: no rational thinking, just emotions. The result? Zero. Failure. Depression. After that experience, I promised myself never to use leverage above 11. And you know what? Life has become much better. Maybe my story won’t seem interesting to you, but I hope it’s useful. Don’t make the same mistakes I did. I often see influencers recommending such risky trades and broadcasting this to a wide audience. Remember: this is a path to losing everything. Even if you get lucky once or twice, it doesn’t guarantee long-term success. This was my short story. Thanks for your attention! #2024withBinance #Bitcoin
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Friends, remember: the market is always a journey filled with ups and downs. Even during tough times when charts are in the red, you have the power to keep your emotions in check. Here are a few simple yet effective tips: 1. Acknowledge the market cycle: The market moves in waves. Today’s downturn could be tomorrow’s chance. There are no endless declines, just as there are no eternal rallies. 2. Have a clear strategy: If you know your entry and exit points beforehand, you rely less on emotions. You’re in control of the game, not the other way around. 3. Diversify your risks: Don’t put all your capital into a single asset. Spread out your investments so one bad day won’t turn your world upside down. 4. Rely on facts: Verify information, analyze market data. Decisions grounded in real metrics are always stronger than those built on rumors. 5. Keep learning and growing: Experience leads to confidence. Read, listen, observe, and broaden your perspective. Every day offers a new lesson. Remember, you’re not alone in this. Within the Binance community, there are always others on a similar journey. Together, we can learn to stay cool, think clearly, and overcome any challenge! #2024withBinance
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$ATOM The correction from the peak around 10 USDT is guiding the price towards key Fibonacci levels: 0.5 Fib ~7.3 USDT 0.618 Fib ~6.5 USDT These zones could become potential bounce points. If the price remains above 7.3 USDT, a rebound to 8-9 USDT is possible. A drop below 7 USDT will bring it closer to 6.5 USDT as a key support level. Holding these levels may lead to a trend recovery, while a break below them would deepen the decline. #2024withBinance
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