jixntcc_
Open Trade
BTC Holder
Occasional Trader
2.2 Years
🚀 Daily crypto, forex, stock & ETF insights | 📊 Real-time market analysis for smart trading | Let’s grow your portfolio together! 💼
44 Following
159 Followers
104 Liked
15 Shared
Posts
Quotes
Videos
If you are a trader and struggle to be consistent, the first step is to acknowledge and understand which of the 4 phases you're in.
@jixntcc_
@jixntcc_
BREAKING : #Cryptopia Crypto exchange has distributed $225 million worth of crypto assets to verified victims of the 2019 hack.
x - jixntcc
@jixntcc_
x - jixntcc
@jixntcc_
As the year comes to a close and the holiday season is in full swing, I've been taking some time to be with family and away from the desk. However, I’ve already shared my updates on Bitcoin and altcoins. If we see another dip , it could present a great opportunity for a potential 'New Year Rally.'
If you're looking to position yourself for the current market cycle, consider partially accumulating spot positions in coins like $TAO, $ETH $ondo , $VIRTUAl , $LINK, $SUI, and $ENA. These assets have strong potential for the upcoming growth phase
If you're looking to position yourself for the current market cycle, consider partially accumulating spot positions in coins like $TAO, $ETH $ondo , $VIRTUAl , $LINK, $SUI, and $ENA. These assets have strong potential for the upcoming growth phase
WHAT IS BID AND ASK?
In the CRYPTO market, bid and ask are prices that indicate the highest price a buyer is willing to pay and the lowest price a sellers is willing to accept for a stock or security:
Bid: The highest price a buyer is willing to pay for a stock
Ask: The lowest price a seller is willing to accept for a stock
Bid-ask spread: The difference between the bid and ask prices
A successful trade occurs when a buyer purchases at the ask price or a seller sells at the bid price.
The bid-ask spread is a transaction cost that goes to the market maker, who profits by buying at the bid price and selling at the ask price. The bid-ask spread indicates the stock's liquidity.
In highly liquid markets, the spread is minimal, while thinly traded markets have significant gaps.
Market makers adjust their bid and ask prices based on factors such as market conditions, volatility, and inventory levels. You can find the current bid and ask prices for a stock on a trading platform provided by your stockbroker.
In the CRYPTO market, bid and ask are prices that indicate the highest price a buyer is willing to pay and the lowest price a sellers is willing to accept for a stock or security:
Bid: The highest price a buyer is willing to pay for a stock
Ask: The lowest price a seller is willing to accept for a stock
Bid-ask spread: The difference between the bid and ask prices
A successful trade occurs when a buyer purchases at the ask price or a seller sells at the bid price.
The bid-ask spread is a transaction cost that goes to the market maker, who profits by buying at the bid price and selling at the ask price. The bid-ask spread indicates the stock's liquidity.
In highly liquid markets, the spread is minimal, while thinly traded markets have significant gaps.
Market makers adjust their bid and ask prices based on factors such as market conditions, volatility, and inventory levels. You can find the current bid and ask prices for a stock on a trading platform provided by your stockbroker.
on 1h chart showing bos, if bos and pull back reject from the zone 0.786, lets see another breakout $POL
Investors.
A big dump incoming. Be careful
A big dump incoming. Be careful
DOLLAR COST AVERAGING (DCA) IN CRYPTO !?
Dollar Cost Averaging (DCA) is an investment strategy where you invest a fixed amount of money at regular intervals, regardless of the asset's price. In the context of crypto, it means buying a set amount of a cryptocurrency at predetermined intervals (e.g., weekly or monthly), rather than making a single large investment.
How DCA Works:
Regular Investments: You invest a fixed amount of money in a cryptocurrency, say $100 every week or month.Price Variation: Over time, the price of the cryptocurrency will fluctuate. Sometimes you'll buy when the price is low, and sometimes when it's high.Averaged Purchase Price: Since you're buying at different prices, DCA helps you "average out" the cost of your investment, reducing the impact of price volatility.
Example:
Let’s say you want to invest $1,000 in Bitcoin, but instead of investing it all at once, you use DCA:
Week 1: $100 buys Bitcoin at $40,000.Week 2: $100 buys Bitcoin at $35,000.Week 3: $100 buys Bitcoin at $45,000.Week 4: $100 buys Bitcoin at $38,000.
At the end of four weeks, you've invested $400, and the average purchase price is based on the fluctuations, rather than trying to time the market.
Why Use DCA in Crypto?
Reduces Timing Risk: Crypto markets are highly volatile, and trying to predict price movements is difficult. DCA minimizes the risk of making a lump sum investment at the "wrong time" (e.g., when the price is at a temporary high).Emotion Control: It helps prevent emotional decision-making, such as panic-buying during market booms or selling during market crashes.Consistent Growth: Over the long term, DCA can lead to consistent growth, especially if you believe in the long-term potential of the cryptocurrency.
Pros of DCA:
Simplicity: It's easy to implement and doesn't require constant market analysis.Risk Mitigation: Spreads out the risk of volatility by purchasing over time.Ideal for Long-Term Investors: If you're bullish on the long-term future of a cryptocurrency, DCA helps you build your position steadily.
Cons of DCA:
Missed Opportunities: If the market rises quickly, DCA might result in higher average costs compared to making a single lump sum investment.Not for Short-Term Gains: DCA is better suited for long-term investments rather than trying to capitalize on short-term price movements.
Conclusion:
Dollar Cost Averaging is a useful strategy for crypto investors who want to mitigate the risks of volatility and are more interested in long-term accumulation than short-term gains. It allows for a disciplined, structured approach to investing, which can help you build wealth over time without needing to time the market perfectly.
$BTC
$ETH
#Dca #dollarcostaveraging #BinanceTurns7 #BTC #jixntcc
How DCA Works:
Regular Investments: You invest a fixed amount of money in a cryptocurrency, say $100 every week or month.Price Variation: Over time, the price of the cryptocurrency will fluctuate. Sometimes you'll buy when the price is low, and sometimes when it's high.Averaged Purchase Price: Since you're buying at different prices, DCA helps you "average out" the cost of your investment, reducing the impact of price volatility.
Example:
Let’s say you want to invest $1,000 in Bitcoin, but instead of investing it all at once, you use DCA:
Week 1: $100 buys Bitcoin at $40,000.Week 2: $100 buys Bitcoin at $35,000.Week 3: $100 buys Bitcoin at $45,000.Week 4: $100 buys Bitcoin at $38,000.
At the end of four weeks, you've invested $400, and the average purchase price is based on the fluctuations, rather than trying to time the market.
Why Use DCA in Crypto?
Reduces Timing Risk: Crypto markets are highly volatile, and trying to predict price movements is difficult. DCA minimizes the risk of making a lump sum investment at the "wrong time" (e.g., when the price is at a temporary high).Emotion Control: It helps prevent emotional decision-making, such as panic-buying during market booms or selling during market crashes.Consistent Growth: Over the long term, DCA can lead to consistent growth, especially if you believe in the long-term potential of the cryptocurrency.
Pros of DCA:
Simplicity: It's easy to implement and doesn't require constant market analysis.Risk Mitigation: Spreads out the risk of volatility by purchasing over time.Ideal for Long-Term Investors: If you're bullish on the long-term future of a cryptocurrency, DCA helps you build your position steadily.
Cons of DCA:
Missed Opportunities: If the market rises quickly, DCA might result in higher average costs compared to making a single lump sum investment.Not for Short-Term Gains: DCA is better suited for long-term investments rather than trying to capitalize on short-term price movements.
Conclusion:
Dollar Cost Averaging is a useful strategy for crypto investors who want to mitigate the risks of volatility and are more interested in long-term accumulation than short-term gains. It allows for a disciplined, structured approach to investing, which can help you build wealth over time without needing to time the market perfectly.
$BTC
$ETH
#Dca #dollarcostaveraging #BinanceTurns7 #BTC #jixntcc
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Trending Topics
IsraelIranConflict
8.3M views
31,708 Discussing
#IsraelIranConflict BREAKING: The blast at Haifa Port is set🚨 to be remembered in history as one of Iran’s most lethal and strategically devastating strikes. Witnesses were left in shock as the sheer scale of the explosion unfolded before their eyes.
MrRUHUL
21 Likes
10.1k views
SaylorBTCPurchase
77.1M views
107,812 Discussing
TrumpBTCTreasury
2M views
20,869 Discussing
