#PowellRemarks sooo… we are going to wait at least until september before we see a rate cut. All the geopolitical turmoil and not much of the tariffs have been cleared up giving Powell a valid excuse to keep rates unchanged.
We probably would have had a rate cut if the tariff war didnt start in the first place, now you add the Israel-Iran war and it looks bleaker. Hopefully this doesnt go for the worst and turn into a black swan event
#CryptoStocks the result of circle’s IPO (initial public offering) might turn some heads in the cryptoworld and make some companies think about launching their own IPO.
Circle grew 2x since the stock offering and doesnt seem to slow down that much, even overpriced it keeps going up
Thats how you habe to look at it; it WILL climb to new all time highs; lets hope its sonner than later. Lets hope the middle east conflict finds a cease fire and gives stability to the region and markets.
$ETH keeps gaining momentum; the Iran-Israel conflict has put a step back on the climbing weeks we’ve had, but it seems Blackrock and other institutions are intent on buying some Erhereum.
#CryptoFees101 dont forget fees can add up if you are a daily trader. You must learn to know what are worthy trades and not chase every market move, you might incurr in losses, just by the fees
#Liquidity101 say you got your futures orders messed up and you are already down because you forgot to put your stop loss order.
Now its too late, you believe in this project (coin), you know its going to come back up; then you better have some extra powder (cash) on the side so you can add more margin and dont get liquidated.
Stop loss is my favorite futures order; just leverage buy, lets the market move in tye direction you think os going to go, then put a stop loss where you back out even or at a designated profit while you do other stuff. No need to be glued to the charts 24/7.
If it keeps climbing, you keep winning; if it falls, you lose little to no money.
Personally, I think you have to start with a spot bag, get it packed up with a healthy diversification of projects you believe in; then go for a futures bag once you have a better idea of the markets and coins you like.
Obviously futures is a ehole diferent ball game, you can lose your money if you leverage too much, dont have stop losses or bet against the market. So be carefull!
#CryptoSecurity101 its money what you have in your crypto wallets! So its important to have your security up to date, 2 step verification, face id, whatever you feel makes it safer, do it!
And money (tokens) you ain gonna move or sell; take them into a cold storage wallet!
#TradingMistakes101 common mistakes is falling for FUD (fear, uncertainty, doubt) and selling at a loss; or FOMO’ing (fear of missing out) and buying a coin at the top making it hard to turn that coin into a profit in the short term.
Its important to understand that crypto, even though its a fast continuous play, is a game of patience and resilience. You have to research and HODL (hold on to dear life) to your coins when you believe in them.