MRT Trader

Red Packet is a feature of Binance Pay that allows you to send fun crypto gifts to your friends. You can create a Red Packet that consists of a random or fixed amount of tokens and share it with a group of friends. They can claim it with a code on the Binance app or website to get the crypto you put in the Red Packet.
How to create a Red Packet on the Binance app?
1. Log in to your Binance app and tap the [Pay] icon. Select [Red Packet].

2. Go to [Send] and tap [Create Now]. Choose a distribution method ([Random] or [Fixed]).
If you choose [Random], enter the number of gifts, the total amount of crypto to send, and a message for your recipients.If you choose [Fixed], enter the number of gifts and the amount of crypto you wish to send. The system will automatically calculate the total amount you need to pay. Then, enter a message and tap [Continue].

3. Confirm your payment details and tap [Confirm].
4. Verify with passkey or 2FA to confirm payment.
5. A code will be generated for your Red Packet. You can share the code with your friends by copying the code, or tapping [Save QR Code] or [Share Link] and send it to them. Your friends can then claim your Red Packet on the Binance app or website.
Please share the code privately with your intended recipients only, as anyone with the code can use it to claim your Red Packet.

How to claim a Red Packet on the Binance app?
1. Log in to your Binance app and tap the [Pay] icon. Go to [Red Packet].

2. Go to [Receive]. Enter the Red Packet code and tap [Claim Now]. Tap [Open] to claim the Red Packet.

3. You’ll see the amount of crypto claimed from the Red Packet. The claimed crypto will be credited to your Funding Wallet. You can tap [Check Now!] for more details.

Think fear is the only emotion causing big losses? Think again — this time, it’s all about greed.
🤯 That feeling when you don’t close a profitable position because you think it still has room.
📉 Let’s dive into the chart and see how even pro traders fall into the greed trap.

Hello✌
Spend 3 minutes ⏰ reading this educational material.

🎯 Analytical Insight on Bitcoin:
Bitcoin is currently testing a major monthly trendline alongside a key daily support zone, both aligning with Fibonacci retracement levels.📐 This confluence suggests a potential upside move of at least 9%, with a primary target projected near the $116,000 mark.📈 Market participants should watch this level closely as it may serve as a pivot for mid-term price action.

Now, let's dive into the educational section,

🧠 The Psychology of Greed in Trading
Greed speaks quietly but hits hard. It whispers: “Just a bit more. Let it run.”
But that’s the same voice that turns green into deep red. Markets don’t care about your dreams.
When a small win turns into a big loss — that’s greed in action.
No one knows the top. Trying to predict it out of emotion is how portfolios get wrecked.
Greed often spikes after multiple winning trades — when overconfidence kicks in.
That’s when you need data, not dopamine.

📊 TradingView Tools That Help Tame Greed
TradingView isn’t just a charting platform — if used right, it can be your emotional assistant too.
Start with RSI. When it crosses above 70, it signals overbought zones — prime time for greedy entries.
Volume Profile shows you where the smart money moves. If you see high volume at price peaks, it’s often too late to jump in.
Set up Alerts to get notified when your indicators hit key levels — avoid reacting in real-time chaos.
Use Replay Mode to rewatch old setups and identify where greed affected your past decisions.
Customize Chart Layouts per market type. Having a focused view helps you act based on logic, not emotion.

🛡 Strategies to Defeat Greed
Pre-define your take-profit and stop-loss before you enter. Non-negotiable.

Create a Psych Checklist: “Am I trading based on a missed move? Or a solid signal?”

After every trade, reflect on what drove your decisions — fear, logic, or greed?

Take a trading break after a streak of wins. That’s when greed loves to sneak in.

Withdraw a portion of your profits to reinforce the habit of securing gains.

Practice on demo during volatile days to build emotional discipline.

Never try to win back all losses in one trade — that’s greed’s playground.

If you're sizing up every position just because "the market is hot", pause.

Focus on surviving, not conquering. Long-term traders are calm, not greedy.

✅ Wrap-Up
In crypto's wild swings, greed destroys faster than any technical mistake.
Enter with a plan. Exit with purpose. Greed-based trades usually end with regret.
Emotional control equals long-term survival. Trade smart — not just hungry

📜Please remember to do your own research before making any investment decisions. Also, don’t forget to check the disclaimer at the bottom of each post for more details.

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We put so much love and time into bringing you useful content & your support truly keeps us going. don’t be shy—drop a comment below. We’d love to hear from you! 💛
Big thanks,
Mad Whale 🐋