mythoughts

You see a coin trading at $0.02 and think,
“If it just hits $1, I’ll be rich!”
That’s the most common beginner mistake.
Because price alone doesn’t mean much.
What really matters? Market Cap.
Market Cap = Price × Total Supply
If a token is priced at $1 with 100 million tokens, its market cap is $100 million.
Now, if another token is just $0.001 but has 1 trillion tokens, that’s already a $1 billion market cap — 10× bigger.
So no, it’s not “cheap” just because it’s under a dollar.
Why You Can’t Just Dream About $1
You might think,
“This coin could hit $1 too.”
But here’s the issue: to go from $0.01 to $1, the token might need billions in new money — sometimes more than Bitcoin’s entire cap.
Unrealistic? Often, yes.
How I Use Market Cap in Real Life
1. To compare apples to apples.
A $500 coin might actually have a smaller market cap than a $0.01 token.
2. To stay grounded.
I no longer fall for the “cheap coin” illusion — I ask how much capital needs to flow in.
3. To find actual opportunities.
A small cap, solid project has more room to grow than a hyped giant.

Bonus Tip: Watch the Circulating Supply
Some projects only have a portion of their tokens released.
When more unlocks, prices often dip.
Always look beyond the surface. Read the tokenomics.
Follow @mythoughts — no hype, just thoughts.
#TrumpTariffs #myThoughtsOnCrypto

Smart traders don’t just react — they prepare.
And the best preparation comes from the right tools.
My Go-To Indicators and Why They Matter
1. RSI (Relative Strength Index)
This is my first filter. If RSI is above 70, I check for overbought signals. Below 30? Possible bounce zone. But I don’t trade RSI alone — it’s a clue, not a decision-maker.
2. Moving Averages (50 EMA & 200 EMA)
The trend is your best friend — and moving averages keep me in sync.
50 EMA crossing above 200 = bullish momentum.
Price respecting the 50 EMA = trend is still alive.
3. Volume
Volume confirms everything. Breakouts without volume? Usually fake.
If price is moving and volume is supporting, I trust the move.
How I Combine Tools for Better Accuracy
One tool rarely gives a full picture — but together, they build confidence.
Trend Confirmation: I use EMAs to check the bigger picture, then zoom in with RSI for short-term strength or weakness.Entry Setup: A breakout above resistance means nothing without volume. I wait for that spike to confirm.Exit Timing: RSI divergence + price hitting resistance + volume drop = time to scale out or secure profits.
Tools don’t trade for you — they support your decisions.
Use them wisely, and they’ll keep you from overreacting.

That wraps up our deep dive into Crypto Trading Fundamentals.
Follow @mythoughts — no hype, just thoughts.
#TradingTools101 #TradingTypes101

Understanding charts isn’t optional — it’s essential. Learn how traders spot patterns, confirm trends, and make confident entries and exits without relying on hype.

Every candlestick tells a story — and the best traders know how to read it.
If you’re relying only on gut feeling or Twitter calls, you’re flying blind.

Patterns That Actually Work
Certain setups repeat across markets — because human emotion repeats too. Here are a few I rely on:
Bullish Flags: A strong upward move, followed by sideways consolidation. I watch for volume and breakout for clean entries.Double Bottoms: When price fails to go lower after two dips — it often means trend reversal.Head and Shoulders: I use this to spot tops. When it forms after a strong run, I’m usually planning my exit.
How I Read Trends and Breakouts
I don’t trade just because a coin is moving. I wait for signs.
Trend Reading: I use moving averages and structure (higher highs, higher lows) to confirm trend direction.Breakout Timing: I wait for confirmation — a candle close above resistance with a volume spike. Fakeouts are easy to spot when volume is weak.Reversals: RSI divergence and major support holding give me early clues. When price says “it’s done,” I listen.
How Chart Reading Changed My Trades
Before charts, I traded on emotion. Now, I trade on structure.
I enter trades based on setups, not FOMO.I exit without stress — because I know the levels that matter.I avoid 80% of bad trades just by waiting for confirmation.
Most people lose money trying to be early.
I’d rather be late and right than early and wrong.
Follow @mythoughts — no hype, just thoughts

#CryptoCharts101 #TradingTypes101

Most traders don’t fail because of bad coins — they fail because of bad habits. Here are the most common trading mistakes and how to avoid them for long-term success.
In crypto, mistakes don’t just hurt — they cost money.
The difference between consistent profits and constant losses? It’s not always strategy. It’s discipline.

Most Common Trading Mistakes (And How to Avoid Them)
1. Entering Without a Plan
If you don’t know your entry, exit, and stoploss before a trade — you’re gambling, not trading.
Solution: Define a trading plan and stick to it.

2. Chasing Green Candles
FOMO buying at the top is one of the fastest ways to lose.
Solution: Wait for pullbacks or clear setups — not emotion.

3. No Risk Management
Risking your whole capital on one trade can wipe you out.
Solution: Use position sizing. Risk only 1–2% of your total capital per trade.

4. Overtrading
More trades ≠ more profit. It often leads to emotional burnout and losses.
Solution: Trade quality, not quantity.

5. Ignoring Stoplosses
Hoping for a bounce after a dump? That’s not a strategy.
Solution: Respect your stoploss. Every time.

6. Getting Influenced by Social Media
Random tips from influencers or groups can ruin your logic.
Solution: Learn your own analysis. Filter noise.

7. Revenge Trading
Lost a trade? Don’t try to win it back instantly.
Solution: Take a break. Come back with a clear head.

My Rule:
Before every trade, I ask: “What’s the worst-case scenario here?”
If I’m not okay with that answer — I don’t enter.
In trading, defense matters more than offense.
Follow @mythoughts — no hype, just thoughts.
#TradingMistakes101
#TradingTypes101

Crypto fees can silently drain your profits. From maker/taker fees to gas and withdrawals — here’s what you need to know and how to reduce costs smartly.

Whether you’re buying Bitcoin or moving coins to a wallet — every action has a fee.
The trick is not to avoid fees completely, but to understand and minimize them.

What Are the Main Types of Crypto Fees?
1. Maker vs Taker Fees
• Maker: You place a limit order that waits on the order book — you add liquidity.
• Taker: You place a market order that gets filled instantly — you take liquidity.
Taker fees are usually higher than maker fees. On Binance, it’s around 0.1% (less with BNB or VIP status).
2. Gas Fees
These are paid to use blockchains like Ethereum.
• Can vary wildly based on network congestion
• Example: Swapping tokens on Ethereum may cost $20, while the same on BNB Chain might be $0.10
3. Withdrawal Fees
Exchanges charge network-specific fees when you move crypto to an external wallet.
• BTC has higher withdrawal fees
• TRON (TRX) or MATIC are cheaper alternatives for transfers
What Fees Do You Encounter Most Often?
Trading fees (maker/taker) on spot and futuresGas fees while using DeFi or bridgingWithdrawal fees for moving funds off-exchangeFunding fees on perpetual futures (longs pay shorts or vice versa)
How to Reduce or Avoid High Fees
1. Use Limit Orders
Avoid taker fees by using limit orders wherever possible.
2. Trade with BNB on Binance
Paying fees with BNB gives up to 25% discount instantly.
3. Choose the Right Chain
Send funds via TRC20 or BEP20 instead of ETH to avoid heavy gas.
4. Batch Withdrawals
Don’t withdraw every time you trade. Consolidate and withdraw once.
5. Monitor Funding Fees on Futures
Check the funding rate before entering a futures trade — it can impact your PnL over time.

Pro Tip:
I treat fees like slippage — it’s part of every trade. But if you reduce them over 100 trades, it makes a huge difference in your overall returns.
Small changes. Big savings.
Follow @mythoughts — no hype, just thoughts.
#CryptoFees101
#TradingTypes101

One mistake is all it takes to lose your funds. Learn the must-know tips to keep your crypto safe — from 2FA to cold wallets and scam prevention.
Crypto gives you full control over your assets — but with freedom comes responsibility.
Hackers aren’t looking for your password — they’re waiting for your one mistake.
Top Threats You Should Know:
• Fake Binance links and phishing emails
• Scam airdrops and too-good-to-be-true giveaways
• SIM swaps that hijack your 2FA
• Malware logging your every move

How to Stay Safe:
1. Always Use 2FA
Google Authenticator > SMS.
For maximum protection, use a hardware security key.
2. Unique Passwords for Every Platform
No repeats. Use a password manager like Bitwarden or 1Password.
3. Don’t Click Random Links
Use only bookmarked or official Binance links.
Ignore Telegram DMs — even if they seem real.
4. Cold Wallets = Long-Term Safety
Don’t store your life savings on an exchange.
Use hardware wallets like Ledger or Trezor.
5. Never Share Your Seed Phrase
Not with friends. Not with “support agents.” Not with anyone.
6. Secure Your Devices
Update OS, remove unused apps, run antivirus scans regularly.
7. Backups, But Done Right
Write your seed phrase on paper. Store it somewhere safe.
No screenshots. No cloud storage.
My Habit:
Every Sunday, I check my account activity.
One alert saved me from a login attempt last year.
In crypto, security isn’t a one-time setup — it’s a daily mindset.
The moment you relax is when you lose.
Follow @mythoughts — no hype, just thoughts.
#CryptoSecurity101
#TradingTypes101

Leverage can double your profits — or drain your funds in seconds. This post explains how it works, when to use it, and how to avoid the mistakes most traders make.
Leverage lets you trade more than you own — it amplifies gains, but also losses.
In crypto, it’s exciting and dangerous. Use it smartly or don’t use it at all.
What is Leverage?
If you use 5x leverage, you control $5,000 of BTC with just $1,000.
That means:
A 10% price move = 50% PnLBut a 20% wrong move = liquidation

Real Example:
You open a 10x long on BTC at $106,000.
If BTC drops just 10%, your entire position is wiped out.
That’s the hidden risk — leverage magnifies everything.
Why Traders Use Leverage:
To increase profit potentialTo take short-term trades without tying up capitalTo scalp small moves with big returns
But Here’s the Catch:
Liquidation happens fast — you lose everything in one moveIt’s not for holding — volatility can kill your positionMost beginners over-leverage and blow their accounts
My Rules for Using Leverage:
1. Never use more than 3x on altcoins
2. Set tight stop-losses and respect them
3. Use leverage only on liquid pairs like BTC/USDT
4. Don’t ever use leverage on meme coins — it’s a trap
Pro Tip:
Even pros use low leverage — because long-term survival matters more than short-term gains.
If you can’t manage risk, don’t touch leverage.
Powerful tool, or perfect trap — it all depends on you.

Follow @mythoughts — no hype, just thoughts.
#TradingTypes101
#Leverage101

Volatility is what makes crypto exciting — and terrifying.
It creates opportunity, but also risk. The key is learning how to ride it, not fear it.
What is Volatility?
Volatility measures how much and how fast a price moves over time.
In crypto, volatility is usually high — and that’s exactly what traders love.
Example:
If BTC jumps from $106,151 to $109,000 in 3 hours, that’s volatility.
Same if it drops back to $104,000 in a day.
Why It Matters:
More volatility = more trading opportunitiesBut also = more risk if you’re on the wrong side
High Volatility = Big Moves
Can help you hit targets quicklyBut also means your stop-loss can get triggered easilyNot ideal for beginners without a plan
Low Volatility = Slow Market
Safer for long-term investorsHarder to scalp or day trade profitablyOften leads to a breakout later
How I Use It:
I increase position size only when volatility is lowI reduce leverage during extreme spikesI trade less during sideways chop — that’s fake volatility
Pro Tip:
Use the Volatility Indicator on Binance or look at Bollinger Bands to see if a coin is expanding or contracting.
Don’t just chase volatile coins.
Understand the cycle — volatility is a tool, not a threat.
Follow @mythoughts — no hype, just thoughts.

#TradingType101 #Volatility101

Slippage is that hidden cost you don’t notice until your trade fills — and you realize the price isn’t what you clicked.
What is Slippage?
Slippage happens when your trade executes at a different price than expected.
Example:
BTC is showing $106,151, you hit “Buy Market” — but your final fill is at $106,210.
That $59 difference? That’s slippage.
It’s not a bug. It’s how fast-moving markets work.
Why Does Slippage Happen?
Low liquidity — not enough buyers/sellers at your priceHigh volatility — prices move while your order processesLarge order sizes — especially on small coins
How Slippage Affects You:
You pay more (buying) or receive less (selling)Your stop-loss triggers earlierProfit margins shrink quietly
Real-World Example:
You market-buy $5,000 of a low-cap altcoin.
There’s only $1,000 of liquidity at your desired price.
The rest gets filled higher — and suddenly you’re in a -4% position from the start.
3 Ways to Avoid Slippage:
1. Use Limit Orders — you set the max price you’re willing to pay
2. Trade with high-liquidity pairs — like BTC/USDT or ETH/USDT
3. Avoid news spikes — slippage increases massively during volatile announcements
My Trading Habit:
Before placing a big trade, I always check the order book depth.
If the walls are thin, I either scale in smaller or use a limit order to avoid getting burned.
Slippage is silent, but it’s not harmless. Control it — or it controls your profits.
Follow @mythoughts — no hype, just thoughts.
#TradingTypes101 #Slippage101