This article is for beginners, those who always incur losses. You're good now, you always win, you think you control the market, please skip and don't be petty. To clarify, I need to talk about other financial markets; if you patiently read, it may help you if you still participate in this market. The crypto market has similarities but also very large differences with the stock market, oil, gold, forex...
$SCRT Have you ever entered a trade when all the technical indicators looked very good, showing strong upward momentum, with no resistance ahead? But right after entering the trade, the green candles shrink and pull back, and the price always moves against you. It's frustrating to play like that.
$BTC is trending up there, but can be poked down immediately, in general during this period, you have to play strictly with the stop loss, accepting to lose a few dollars due to hitting the stop loss is better than burning out.
THE TIME TO LOSE MONEY IS EASY, brothers in short remain calm, brothers in long be cautious. Avoid being trapped by FOMO psychological traps from disguised analysis articles, this happens a lot in November and December 2024. Put yourself in the position of MM, what would you do? If it were me: 1. Provide a lot of good news in the market, optimistic assessments, the alt season is coming, BTC price could be 150k, 180k, just legitimizing the price push, playing with psychology to force short holders to close their positions (buy in), boosting FOMO psychology, luring new players.. 2. Offload stock to balance with buying power to take profits causing the price to only increase or go sideways. 3. Once profit targets are reached, I will sell strong, causing the price to drop deep and buy back, starting a new investment cycle. I write simply, but the essence is like that, in reality, the price drop is not immediate, it is not a deep drop in one day but could take 1 or 2 months. I predict a deep drop because at this time there are not many new players entering the market, and there is not enough new capital to absorb the selling pressure. You should remember that money does not just appear, you sell at the peak for profit, there must be buyers at the peak, otherwise, the market will collapse immediately. Currently, the fear index is quite high (75). When prices rise, people often forget the basic lesson: buy when others are fearful - sell when people are greedy, buy when it's red - sell when it's green. Brothers take note, this article is not investment advice, investment should be self-researched, take responsibility for your own money. Brothers should argue based on knowledge, learn together, not out of spite. $BTC
THE TRUTHFUL ARTICLE THAT NOBODY TELLS YOU AT THIS TIME - THE NATURE OF THE CRYPTO MARKET
I write this article knowing that many will criticize me, but I will still write it. I hope many players, especially newcomers, can avoid losing money. This is a forum where anyone can express their opinion, and if anyone wants to debate, please do so with knowledge. I believe the exchange has no right to stop me. Price is currently $103,100 on Square, and there are many articles on forums predicting BTC will rise to $150k or even $200k; it won't drop below $100k. Everyone is shouting that the price will increase, and people are excited, with FOMO and greed driving it up. This is exactly when you are most likely to lose money. Are those who write these predictions selfless? Do they bear no guilt? What is their purpose?
First, think of BTC or crypto as an asset; people just buy and hold it, the price goes up, and they make money, the government earns taxes and fees. After a few knowledgeable individuals participate: "In essence, it is just gambling; those who win take money from those who lose, those who sell at peak prices must have someone who gets burned," hence the hesitation.
KoTex-xƬ teen
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$BTC Discussion now about chitchat! BTC 100k, Calling for the opening of the abc exchange in various ways! First it was March, now it's May 1st! Then spreading rumors, the Bybit exchange owner flew over, partying and drinking with girls, and feeding information in various ways! Made a statement that caused a loss of goodwill! I remember back in the day, us Americans and Europeans, fighting in the East and pacifying the North, did we need any damn laws? Now they come up with all this! The US took until July during Trump's time to issue laws, while countries like Korea and Singapore are doing it fast! Clearly frustrating the investment environment in Vietnam, calling for investments strongly but acting like it's nothing, in Can Tho, each cancer hospital has been under construction for 8 years and still not finished, yet keeps boasting about inviting investments, collecting deposits and money, then investors do whatever they want! And still keep calling for investment! Business style is like a noose, put your head in and then pull out slowly! The ministry sweetly invites, but once it gets to the locality, all kinds of harassment! #AltcoinETFsPostponed
a person to be respected, I really admire you, the win rate is almost absolute, even professional traders can hardly achieve that, I hope you share your experience so that Vietnamese people can lose less money to capitalists
TRADER VUI Vįŗŗ
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Let us be our own teachers. Only by self-assessment can we have our own lessons. If you make a mistake, correct it. Still one piece of advice, the leverage is up to you but do not be too greedy, the lower the margin ratio, the less likely you are to drown & survive the storm to safely return to shore with seafood to celebrate.
Saying this, many people think that chicken herding is a must, so I present the image of PNL losses before and after learning. I still believe that having a foundation in financial management and technical analysis is better because, after all, there is something to base orders or exits on, avoiding FOMO, but it is not a magic wand.
JustinSan
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Take a course 2000$ to make it different right away, from negative 8k to negative 5k in 1 month
$BTC the process of going to Siway occasionally pokes up a few sticks and pokes down a few sticks, the brothers who just started playing must be very stressed to hold the commands.
Can you tell me how you use Fibonacci? Until now, I haven't thought much of this tool, but in the article a few days ago, I saw you accurately predicted Bitcoin's resistance using Fibonacci. Could you upload that image for me?
GiangBh Crypto
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Many people ask about technical analysis, so G has listed some basic but effective tools when viewing charts and analyzing them: š„ Determine the trend Use the 1H, 4H, 1D time frames depending on your objective: ⢠Uptrend: higher highs and higher lows. ⢠Downtrend: lower highs and lower lows. š„ Support and resistance levels ⢠Support level: where the price often bounces up. ⢠Resistance level: where the price often gets pushed down. ⢠Use horizontal lines to mark. š„ Essential technical indicators: 1. RSI ⢠<30: Oversold ā potential to bounce back. ⢠70: Overbought ā potential for correction. 2. MACD ⢠Determine the crossover point between the MACD line and the Signal line to identify the trend. ⢠Crossover up = buy signal, crossover down = sell signal. 3. Identify some common price patterns: ⢠Double bottom/top ⢠Head and Shoulders ⢠Triangle patterns ā Used to measure breakout price targets. 4. Effectively use EMA: a. Determine the trend ⢠Price above EMA ā uptrend. ⢠Price below EMA ā downtrend. ⢠EMA sloping up ā strong trend. ⢠EMA horizontal ā sideways. b. Determine entry points ⢠Price touches or breaks EMA13/EMA21 ā enter trade according to the trend. ⢠Use EMA13 crossing EMA50: ā Crossover up = buy signal. ā Crossover down = sell signal. c. Determine dynamic support and resistance ⢠When the price retraces to EMA21/EMA50 and bounces back continuously, that is a reliable support. ⢠You can set a buy limit near EMA (depending on the time frame) to enter the trade. d. Combine EMA with RSI, MACD ⢠EMA determines the trend. ⢠RSI identifies overbought/oversold levels. ⢠MACD determines trend strength & crossover points. š„ G has attached a detailed table of EMA lines for everyone to easily recognize and use!
thank you, your analysis is quite detailed and I agree, without sudden cash flow BTC will likely decrease. The drop to 9280 recently caused a series of altcoins to drop. We are in a Pump trap - real Dump, whales are offloading + exchanges are luring longs, there will be a Dump that drags down all altcoins.
GiangBh Crypto
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Hi everyone, G sends heartfelt thanks to all of you who have followed G since the beginning, always supporting and believing in me. Thank you so much to those who have just started following, but have read my posts and understand + appreciate G ā¤ļø Last night's session was filled with emotions for G. Although G's post about the signal dropping since noon was still correct, deep down I believed it would drop further, and was somewhat subjective when typing that in the comments. And for the first time, I was wrong, as the price only dropped more than 1000 points and then turned around early. After several hours of watching, I was very tense, worried, and remorseful. When I saw that it could not drop further, I informed everyone that if they had just entered S, they should cut the order immediately and wait for another wave instead of holding on š G has always lived and done anything with everyone in mind, sincerely and carefully. Therefore, the possibility of affecting you, whether little or much, is something to be blamed. Yesterday I thought, perhaps after a series of days of "exerting too much energy", the "energy" has decreased, maybe I need to rest š But fearing that you might be anxious, G came up here again š š„ Current price: 93.27 Just got rejected at the EMA13 zone (93.4) ā a sign of short-term profit-taking pressure. Still lying above EMA50 (92.66) and EMA200 (88.89) ā the overall trend is still positive, but short-term is having a downward correction. The MACD line is slowing down, may cross down in the next few candles if there is no buying force coming back. RSI(14): 51.21 ā has sharply decreased from the 60+ zone to the neutral zone. ā Indicates that the buying force is clearly weakening, need to monitor the reaction around EMA50. š„ Near support: EMA50 (92.6 ā 92.7) If it can hold EMA50 ā it may bounce back to test again 93.8 ā 94 If it breaks EMA50 ā there is a possibility to test back the high bottom of 91.6.
$PENGU , #Ai16z the chart is looking good, the order is in profit by a few tens of $, but $BTC has dipped down a bit, it flips faster than a lover, now it's down a few tens of $
Hey $BTC , please don't drop too quickly, even though I'm struggling, you just moved down a little and the altcoins are already going crazy, wait for me to find the mistakes in these altcoins š
With Pi, I encourage Pi holders to hang on, holding onto houses and cars to buy in, selling out, now it has dropped to 0.1$ , each Pi holder writes 10 contents a day, Pi price above 7 trillion, in 2026 the price will grow to 314$ , Pi will be world champion, everyone will own Pi, by then 1 Pi = 10 BTC š okay
LĆŖ Hiįŗæu 0909
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Herding chickens for the brothers to sell young rice