Renata Abdualieva

I have always been interested in this question: why do hot wallets like EXODUS have crazy fees for transfers and coin purchases? I wanted to transfer USDT, but it requests a fee that is twice the amount of the coins being transferred. And also, why is the write2Earn program not available in my region on Binance Square?

The Opposite Approach to Trading: Observation Rather Than Assumption

Most traders form their own opinions about how the market should react to certain events or news, and build trading decisions based on these expectations. However, this approach often leads to mistakes, especially when the market behavior diverges from predictions.

The well-known trader Daljit Dhaliwal, whose average annual return over 9 years of active trading is 298%, employs a different method. He does not make premature conclusions and does not trade based on assumptions. Instead, he observes market movements and then analyzes the reasons behind what is happening. This approach allows him to avoid cognitive biases and make decisions based on facts rather than emotions.

This mindset is particularly relevant in conditions of high volatility, where the ability to adapt is more important than the ability to predict.
#BTC #cryptosignals #cryptanalysis

I opened my analysis of Solana, which I made back in November when the price was at 241.
At that time, a clearly defined hard-to-overcome zone was visible on the chart, which caused the asset to start declining. I recorded this movement and marked it visually.
Now, having revisited that analysis, I see that the expectations were not only met — the price followed the scenario even more precisely than anticipated.
It is important to note that this was purely an analytical review — I did not open any trades at that time.
Nevertheless, it is nice to see how accurately the price followed the proposed scenario. Even now, this brings joy and motivates me to move forward.
#BTC #earn_crypto #CryptoWatchMay2024

Timeframe: 1 day. SUI in dollars. At the level of 2.2374, an important support zone is observed. After a prolonged downward movement, the price reached this level and showed a rebound, which may indicate the formation of a "double bottom" pattern — a potential trend reversal signal.

Considering the pronounced strength of the previous bearish impulse, I assume that this level represents a reliable support. If buying interest is maintained, I believe that an upward movement towards the next resistance around 5.4157 is possible in the near future.

This analysis reflects solely my view of the market and is not an investment recommendation.

At level 2448, there is significant support — the price has already bounced off this level several times. In the coming days, fluctuations in the range of 2450–2630 can be expected, unless there is a breakout of key levels.

Supplement to the analysis:
The chart shows that during the previous bullish trend, the price was unable to break through the resistance level, indicating a predominance of bearish sentiment. This may be a signal that sellers are in control of the market.

Scenario #1: the price will continue to move within the range of 2450–2630, bouncing off the support level.

Scenario #2: if the bears maintain pressure, a breakout of the support level at 2448 is possible. In this case, a path to deeper declines will open up.
#BTC #CryptoSignals

Why copying someone else's trades can lead to losing your deposit

Many beginner traders make the same mistake — they blindly copy the trades of others. At first glance, it seems reasonable to follow someone who "knows better." However, this approach often leads to losses.

Almost all successful traders, including those who have made billions in the American market, agree on one thing: every trader must have their own strategy and clear methodology. It's not just a set of rules — it's an understanding of the market, your risks, and the logic behind entering trades.

Yes, you can take into account the opinions of experienced traders and bloggers, using their ideas as guidelines. But you shouldn’t turn their recommendations into signals for action. Why?

Information on social media spreads quickly. The same trading scenario can be noticed by thousands of traders. As a result, even if the idea was originally viable, mass following can distort the price movement — and the market will turn against the majority.

Conclusion: listen, but think for yourself. Create your own system, test it, and adapt it to yourself. This is what distinguishes a trader from a follower.
#BTC #Binance