⬅️ Let's start with some timeless advice from legendary investor Warren Buffett, who said: "Rule number 1 is never lose money.. Rule number 2 is never forget rule number 1".
⭐️ Buffett's advice emphasizes the importance of avoiding losses in your portfolio; when you have more money in your portfolio, you can earn more, so losses hurt your ability to earn in the future.
⭐️ What Buffett's rule essentially means is not to be attracted to the potential gains of an investment, but also to look for its negatives and assess them.
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• Inflation in both New Zealand and Britain is declining and weakening the two currencies against other currencies.
• But in New Zealand, the devil is in the details, so to speak.
• Whereas inflation was previously 0.4%, expected 0.7% and actual 0.6%, meaning that the negative came from the fact that the rise in inflation was less than expected.
• But in the end, we are talking about an increase compared to the previous, not a decline in inflation.
• Therefore, in the general framework, it will return to support the New Zealand against currencies later.
⬅️ As for the decline in inflation in Britain, it is real and very negative as well, as it is lower than the previous and expected together after its decline from 2.2% to 1.7%.
• As for the US dollar, it drew support from the decline in expectations of a strong interest rate cut after the improvement in jobs and the slowdown in the decline in inflation.
A strategy for managing your capital that you can follow when entering the market: Let's take an example that your capital is 10 thousand 1- Determine the amount that you can afford to lose in each deal, for example 4% 2- A mathematical operation Your capital X the percentage you determined In our example 10000X4%= 400 3- When you want to enter a deal, you look at the loss percentage, for example, I sent you a spot deal with a stop loss of 10% as an example 4- A mathematical operation (the result in item 2/stop loss percentage X100 In our example: 400/10=40 40x100=4000 You can enter the deal with 4000 USDT This means that you need 25 consecutive losing deals to lose your capital A second example to further understand the idea: Your capital is 1000 The percentage that you can afford to lose is 2% A deal with a stop loss of 6% 1000 X2%= 20 20/6= 3.34 x100= 334 You need 50 consecutive losing trades to lose your capital
1- Invest less than 50% of your portfolio and the rest for speculation
2- Diversification: Invest in 5: 10 currencies, provided that the sectors and investment purpose (goals) are diversified
3- Accumulation stages: Enter several stages (two or three points for accumulation)
4- Patience and then patience with your investment until it reaches the point of making profits (several stages)
5- What we will gain from speculation, we will enhance our investments in an upward direction
* Channel mechanism: - Start by publishing a chart and an explanation of the currency investment plan and every period a technical update to follow it until it reaches the expected first accumulation point, then the second accumulation (if it happens) - Then with the rise in the market, we continue to update the currency technically until we reach the point of confirming the upward trend and that our investments are safe and on the right path - And because the market has become upward and a successful investment, speculation was also rewarding, so I will technically update areas to enhance quantities with our investment - The last step is to continue Technical updates to profit-taking areas and making selling decisions
* Guidance notes:
More than 30 investment recommendations may be offered in the market bottom areas, you are required to choose only 5: 13 currencies as a diversification between sectors and investment purpose
For example, you decided to invest in 10 currencies in the middle of the portfolio, you will distribute an amount for each currency and each currency will distribute the same amount to the accumulation areas
⭐️ Making sure not to risk money before having the minimum acceptable level of knowledge and skill is one of the most important trading tips provided by experts, and the good news here is that the vast majority of major trading companies now provide multiple educational media to help achieve this goal, often including the following:
• Videos explaining the basics of building strategies and managing online trading transactions.
• An electronic library that includes books and articles directed at traders of different levels of experience.
• Providing the option to open a demo trading account for practical application and simulation of actual trading.
• Organizing various seminars and events attended by a group of the most important and famous traders around the world.
• Preparing complete educational courses - graded in level - to master trading skills.
🟫 Before entering the financial market, it is essential to educate yourself about the nuances of currency trading. Understanding the basics such as how currency pairs are priced and the factors that affect exchange rates is one of the reasons for success in the financial market. By gaining a comprehensive understanding of the market, you can make informed decisions.
🟦 It is also essential to learn about technical and fundamental analysis, which are two important approaches to money trading. Technical analysis involves studying historical price data and using various tools, such as charts and indicators, to identify potential patterns and trends. On the other hand, fundamental analysis focuses on analyzing the economic and geopolitical factors that can affect currency values. A comprehensive understanding of these analytical methods will enable you to make more accurate predictions.
✅ Managing your emotions during losses and gains is equally important.. During losing streaks, it is easy to get frustrated and desperate to make quick profits.. However, making impulsive trades to recover losses often leads to more losses.
✅ Similarly, when you are on a winning streak, avoid overconfidence and deviating from your strategy.. Emotional balance is crucial to maintaining consistency and avoiding costly mistakes.
In our current era, making money has become easier than ever, and the dream of getting rich is no longer as difficult as it was in the past. It no longer requires starting with a huge capital or establishing giant business projects. In fact, it can be said that you currently do not need more than a phone or laptop and an internet connection to start your journey to achieving wealth. There are now many effective ways to make money through the Internet while sitting at home, and there is no doubt that trading is at the top of them.
🔴 Fed cuts are coming.. the question is when and how much 🏛🇺🇸 ?
👈 Three things investors need to know this week:
1. The Fed has confirmed that it will cut interest rates soon.. the question now is just how fast.
2. Markets are pricing in 4-5 cuts this year with a possible double cut (0.5%) in September.
3. Our view is that the US economy may be slowing, but it is still performing well, so we see the Fed taking its time with rate cuts.. currently, we expect one cut in September and another by the end of the year.. Ultimately, the Fed’s choices will make a big difference to the Bank of England and the European Central Bank, both of whom are keen to cut rates early, as they have to compete with similar inflation but much lower growth.
#Web3 is the new generation of the Internet that relies on blockchain and decentralization technologies
Unlike the traditional Internet #Web2, where large companies control data and services, WEB3 relies on distributing power between users and different parties through
➔ Smart contracts ➔ #digital_currencies
➤Self-identity: ➔In WEB3, you can use a single digital wallet to manage all your accounts ➔Your identity across different platforms and applications without having to rely on a third party
➤Smart contracts: ➔They work automatically when conditions are met ➔These contracts are the basis for operating decentralized applications (dApps) on WEB3
➲ How does WEB3 work?
➤ Decentralization: ➔ All applications and websites on WEB3 rely on blockchain, making them decentralized.
➔ Data is distributed across many devices around the world, and no one party can control the network alone.
Features of WEB3:
➤ Data Control: Security:
➔ Blockchain technology makes it difficult to hack networks or tamper with data, providing a high level of security.
➤ Profitability:
➔ Users in#Web3can earn rewards by participating in the network, whether by mining #cryptocurrencies ➔ Providing decentralized services. ➔ Thanks to decentralization, users have complete control over their personal data ➔No company can collect or sell your data.
How to Profit from Trading for Beginners | Top 10 Rules You Need In our current era, making money has become easier than ever, and the dream of getting rich is no longer as difficult as it was in the past. It no longer requires starting with a huge capital or creating giant business projects. In fact, it can be said that you currently do not need more than a phone or laptop and an internet connection to start your journey to achieving wealth. There are now many effective ways to make money through the Internet while sitting at home, and there is no doubt that trading comes at the top of them All you have to do is create an account on one of the trading platforms and buy at low prices and sell at high prices to make profits, it seems simple, doesn't it? In fact, it is more difficult than it seems. Therefore, it should be noted that this field is a double-edged sword. Just as it may achieve quick wealth for some, it may incur huge losses for others or perhaps lose their entire capital. You may be surprised to know that studies have proven that more than 90% of traders lose money in trading. So, how do you ensure that you are among the 10% and achieve your dream of getting rich?
A common myth about investing is that a full bank account is a requirement to start your investing journey. In reality, building a solid investment portfolio can start with just a few thousand — or even a few hundred — dollars. Learn about small money investing methods and how to invest a small amount in September 2024.
If you are considering investing in cryptocurrencies, it is important to do your research and understand the risks, and you can also talk to a qualified financial advisor for advice. It is important to remember that cryptocurrencies are also a high-risk investment, as cryptocurrency prices are very volatile and can lose value very quickly. In this article, there are some qualities and steps to consider when considering investing in cryptocurrencies
The article revolves around the following main points
Investing in cryptocurrencies Tips for successful investment in cryptocurrencies 1. Start with a small amount of money 2. Don’t invest more than you can afford to lose: 3. Diversify your digital portfolio: 4. Store your cryptocurrencies in a secure wallet: 5. Keep up with the latest news and developments in the field of cryptocurrencies: 6. Do your own research 7. Be aware of the risks 8. Buying and selling cryptocurrencies 9. Mining