Pedro Candido

The market has already shown everyone how it works, but there are still people insisting on saying they know graphic patterns, as if this were a technique that provided a unique and reliable direction for carrying out trades.
The worst thing is not the people of dubious character who claim to have this knowledge, but those who allow themselves to fall into these people's traps once, twice, three times, five times, n times.
Note in high cycles that rats emerge from the drains with the same phrases, such as "as I warned you here" or "as predicted by me" or "come to me, you're passing the year".

🤔 Think you're invincible in a bull run? Think again. Here’s how most traders lose money in a market that’s supposed to make you rich — and how you can avoid it.👇
Mistakes That Can Burn You in a Bull Market
Being Spread Too Thin 🌀Chasing every trending coin spreads your resources and focus too thin. Instead, stick to your winning strategies and strengths.Example: Jumping into meme coins because they're "hot" instead of focusing on your proven portfolio gems.Not Taking Profits 🏦Greed kills. If you're up significantly, take some profits. No one ever went broke securing gains.Tip: Set sell targets in advance and stick to them. Don’t wait for the mythical “top.”Neglecting Risk Management ⚠️Doubling down on risky altcoins during parabolic runs can backfire when the market dips. Keep stop-losses tight.Example: Avoid allocating 90% of your portfolio to low-cap alts that can drop 50% in a day.Rotating Winners to Losers 🔄Selling your winning positions to chase “the next big thing” often leads to losses. Ride the trends that work for you.Example: Dumping an alt up 300% for another coin just because Twitter says it’s “the next 10x.”FOMO Trading 🚀Fear of Missing Out leads to chasing tops. Instead, wait for retracements to buy in.Pro Move: Stick to your entry strategy. No need to buy just because “everyone else is.”Overthinking 🤯Complicating trades with too many strategies makes execution harder. Simplicity wins in bull markets.Tip: Set a few clear criteria for trades and stick to them.Lack of Patience ⏳Selling too early or expecting quick gains often leads to missing bigger moves. Let trades play out.Tip: Analyze higher timeframes to see the bigger picture.Overtrading 📉Excessive trading racks up fees and slippage, eroding profits.Fix: Trade only when your strategy signals, not out of boredom.Overconfidence & Aggression 🔥Markets can turn fast. Staying humble and flexible is key.Tip: When the trend weakens, don’t hesitate to switch to defensive strategies.
Extra Pro-Tips to Avoid Bull Market Traps
Stay Focused on Fundamentals 🔍A bull run brings hype. Invest in projects with strong use cases, not just the loudest ones.Diversify Smartly 📊Have a balanced mix of BTC, ETH, and high-potential alts to reduce downside risks.Set Exit Plans Early 🚪Decide beforehand how much profit you want and stick to your plan.Avoid Herd Mentality 🐑If everyone’s talking about it, you’re already late. Look for opportunities where the crowd isn’t looking yet.
Bottom Line 🎯
The bull market can be your best friend or your worst enemy. Avoid these pitfalls, focus on a clear strategy, and remember — the market rewards the disciplined, not the reckless.
💡 Trade smart, stay safe, and make the bull work for you!

BTC Dominance (BTC.D) Increases + BTC Increases → ALTs DecreaseClassic scenario during the start of a bull run.Capital flows heavily into $BTC as confidence grows in the market.Example: Bitcoin pumps past $30k, while most #Altcoins remain stagnant or even drop.BTC.D Increases + BTC Decreases → ALTs DecreaseBearish market sentiment across the board.Investors prioritize Bitcoin’s stability over risky assets like Altcoins.Example: BTC falls from $60k to $50k, dragging all assets with it, including #Altcoins.BTC.D Increases + BTC Stable → ALTs DecreaseBitcoin holds its position, but dominance rises as Altcoins lose appeal.Example: BTC at $40k for weeks, Altcoins bleed out due to lack of interest or momentum.
BTC.D Decreases + BTC Increases → ALTs IncreaseBeginning of Altseason.As Bitcoin grows, profits flow into Altcoins, causing explosive moves.Example: BTC breaks $90k, Ethereum and large caps (e.g., $SOL, $ADA) rally hard.BTC.D Decreases + BTC Decreases → ALTs StableMarket slows down; Bitcoin drops, but Altcoins hold ground or consolidate.Example: BTC drops to $50k, but $ETH and other Altcoins maintain recent gains.BTC.D Decreases + BTC Stable → ALTs IncreaseAltseason in full effect.Bitcoin consolidates while Altcoins see massive inflows.Example: BTC at $75k, but $SOL jumps 3x, and micro-cap #Altcoins explode.
Key Takeaways from BTC Dominance Cycle
BTC.D Increase = Focus on BitcoinRising dominance means capital is flowing into Bitcoin, often at the expense of Altcoins.This phase is typical in early bull runs or during bearish conditions.BTC.D Decrease = Altseason PotentialAs dominance drops, it signals a shift of capital from Bitcoin into Altcoins.Look for Altcoins with strong fundamentals and narratives to lead this phase.BTC’s Trend Dictates MomentumUptrend = Altcoins follow after Bitcoin pumps.Downtrend = Risk-off mode; Altcoins suffer more than Bitcoin.Stability = Capital rotates into Altcoins.
Real-World Example from Past Cycles
2021 Bull Run:BTC.D spiked as Bitcoin pushed from $20k to $64k.When BTC stabilized at $50k-$60k, Ethereum and Altcoins rallied, leading to massive gains in May 2021 Altseason.Current Scenario:BTC dominance is currently increasing as Bitcoin tests $90k+.This indicates Altseason is still loading—be patient for BTC.D to reverse.
Actionable Steps
Track BTC DominanceUse platforms like TradingView to monitor BTC.D movements.Follow Bitcoin’s Price TrendWatch for BTC consolidation or a dominance drop—signals for capital rotation into Altcoins.Diversify SmartlyPosition in strong Altcoins (e.g., $ETH, $SOL) to capitalize during Altseason.Set Clear Exit TargetsExit Altcoin positions gradually as Bitcoin dominance starts increasing again.
🔑 Master the BTC Dominance Cycle to Stay Ahead in the Market!

From today onwards I will be explaining the basics of professional analysis to those who are starting out in the market, without selling courses, without tips and without commissions, I just want to help since years ago no one taught me the most basic and fundamental things, first step let's understand areas entry and exit (purchase and sale)
1- shrink the chart of the token you are interested in by one month
2- find the resistance area which is nothing more than the minimum value that the token reaches (green line)

They simply buy a coin and don't even know when to book profits.
Result?
They regret for not selling and get demotivated.

In this post, I have talked about profit booking strategies that can help you in this bull run:
First up - why is having a take profit strategy so important?

Well, in the fast-moving crypto markets, massive gains can appear then disappear quicker than you can blink.
You've gotta lock in returns through occasional profit-taking or risk watching your portfolio get wrecked.

The basics are simple enough - set predefined target prices where you plan to sell portions of your holdings.
But blindly using fixed targets without adaptability can get you stuck missing out on big gains or retaining large losses.

Here are some pro tips to level up your profit-taking approach:

1️⃣Scale out of positions across multiple incremental targets on the way up.

For example, sell 20% of your tokens at 2x, 30% more at 5x, and let the remaining 50% ride further.

This allows continued upside exposure while realizing some gains.

2️⃣ Trail protective stop loss orders upwards as the price climbs to lock in gains.

But don't get stopped out prematurely - use patience and wiggle room.

3️⃣ Closely monitor price action and indicators for signs of trend exhaustion, like bearish divergence on the RSI, volume drying up, loss of momentum, etc.

Then prudently take some profits off the table.

4️⃣ If the overall crypto market starts looking shaky, take some chips off the table to stabilize your portfolio.

You can always re-enter on dips as conditions improve.

5️⃣ Rebalance by rotating profits from individual coins into stable placeholder assets like USDT, UST, or BTC.

This keeps you invested in crypto's growth while reducing risk.

Beyond the technical tips, market psychology and discipline around greed/fear are just as important.

Some final tips:

✔️ Don't beat yourself up over not selling at the very peak. Profit-taking requires flexibility and accepting you won't time peaks perfectly.

✔️ Think long-term. Compounding moderate gains outperforms sporadic home runs. Slow and steady wins the race.

✔️ Learn from both successes and mistakes. Review outcomes dispassionately to continuously improve your profit-taking skills.

At the end of the day, profit-taking is not about perfectly selling every top.

It's about steadily accumulating gains to reach your financial goals, regardless of day-to-day volatility.

With the right mindset and strategically layered tactics, you can build life-changing wealth in the market.

All the best, let's print life and wife changing money this bull run!🚀

On February 17, 2024, an important token unlock will occur in ApeCoin. The market value of this token unlock at the current price is approximately 23 million USDT. At 03:00 am UTC on February 17, 2024, 15.6 million APE will be available for sale. This amount corresponds to approximately 2.61% of the 596 million APE currently in circulation.
You can see the current situation summarized in the following image.

The distribution of the 15.6 million unlocked APE is as follows:
2.22m APE --> Yuga Labs Founder833k APE --> Launch Contributors 3277k APE --> Charity757k APE --> Launch Contributors 27.34m APE --> Treasury4.17m APE --> Yuga Labs

It should be noted that token unlocking events may not always have the same impact on prices. Let's consider an evaluation using the previous token unlocking event as an example.
On January 17, 2024, ApeCoin (APE) saw an approximately 15% increase during the token unlocking event. This increase occurred while Bitcoin ( #BTC ) dropped by about 3% on the same day. As seen in this example, sometimes token unlocking events can have a positive effect by reducing selling pressure on the project.

Why Token Unlocks are Important?
Token unlocking events in cryptocurrencies are important because they often involve a significant increase in token supply entering the market. This can disrupt the supply-demand balance and impact prices. Key reasons why these events matter include:
Supply Increase: Unlocking tokens increases the circulating supply, potentially leading to price drops if demand doesn't match.Price Volatility: Unlocking events can cause sudden price fluctuations as investors react to the influx of tokens.Vesting and Profit-Taking: Token holders may sell or buy more tokens once they're unlocked, affecting prices.Market Expectations and Speculation: Investors closely watch unlocking events, shaping market expectations and driving speculation.Project Status and Confidence: Unlocking events may reflect positively or negatively on a project, influencing investor confidence and price.
In essence, token unlocking events provide crucial insights into a project's future and market performance, closely monitored by investors.
#TrendingTopic #Write2Earn #Ape #ApeCoin
$APE

Main topics of the post: On December 18, 2013 – HODL was born. It originated as a typo of the word "hold", used to describe the strategy of holding your cryptocurrencies rather than selling them. As we mark HODL's ten-year anniversary, it's worth noting how this approach has evolved. Tools like Automatic Investing and Simple Earn can improve your strategy. These services provide security for your assets, automate the purchasing process and allow your cryptocurrencies to generate passive income. Put your idle assets to work and grow your holdings. Earn crypto while HODLing. Rewards of up to 2,000,000 USDT available. It's time to participate in HODL & Earn with Binance! While HODLing has proven successful for many, it is not suitable for everyone. Users should base decisions according to their financial situation and risk tolerance. The story behind HODL's first use dates back to a morning in December 2013, a tumultuous time for bitcoin, which saw its price fall after reaching a peak of just over $1,100. In an online forum post titled: "I AM HODLING", user GamerKyuubi acknowledged his poor trading skills along with his intentions to hold onto his bitcoin. He encouraged others to “HODL” – not sell their bitcoin – even in the midst of a bear market. HODL, or “Hold on for Dear Life,” quickly became a widespread meme in the cryptocurrency community – a testament to persistence, determination, and the spirit of never giving up. As we see it today, the HODL mentality is now a widely adopted strategy among individuals who, due to their limited trading skills, prefer to hold their assets for the long term. What is the HODL Strategy? The HODL strategy is quite simple and is not exclusive to the crypto market: Buy an asset, or several, and hold it.Don't sell even if the price goes up or down. The logic behind HODL is to ignore short-term price changes and focus on the long-term outlook. It's by no means a revolutionary concept, but the strategy still requires a certain level of careful planning and thought. In other words, don't jump right into the crypto market and go on a buying spree. For those looking to HODL, or already HODLing, we've put together everything you need to know in this comprehensive guide. We'll start with the basics, like choosing the right coins, and move on to advanced products designed to enhance your portfolio.1. Choose the right cryptocurrenciesBase your decisions on in-depth analysis. Only buy a cryptocurrency because you believe in the project, the team and the mission. We understand that cryptocurrencies are intimidating. The jargon and technology are complex; However, don't choose a coin because you saw a funny meme or a "Twitter expert" told you its price will rise 100x in a few years. As always, do your own research (DYOR). Know what you are investing your money in. A good starting point is Binance Academy, an educational platform full of free articles and courses on topics related to cryptocurrencies and blockchain. On Binance Academy, you'll find guides for investing along with in-depth reports on hundreds of cryptocurrencies, including popular coins like bitcoin and ether (ETH). Take the time to read each article before making your first purchase. 2. Buy your first cryptocurrency You've defined your list of cryptocurrencies, now it's time to buy. Binance offers a variety of payment channels, including bank transfer, credit/debit card, or directly from other users via a peer-to-peer marketplace. Check out the following articles to learn more:How to deposit via Bank Transfer How to buy cryptocurrencies with a Credit/Debit CardIntroducing Binance P2P TradingAs advice, only buy an amount you can afford to lose. The cryptocurrency market is volatile and prices can fluctuate quickly. Even the best traders experience big losses. 3. Store your cryptocurrency in a safe place The next step is to choose the right wallet for your assets. There are several options. Your account's basic wallet is the most convenient. Binance handles your wallet key; however, you will not have full control over your funds like a self-custodial wallet. Self-custody wallets mean you are fully responsible for managing your own keys and cryptocurrencies. Once you've chosen your portfolio, consider testing Binance's automatic investment tool or putting your cryptocurrencies to work through a variety of passive income products. 4. Stay in the market Make regular contributions to your portfolio while HODLing. With Auto Invest, create a plan that automatically buys cryptocurrencies based on your preferences. You choose the quantity and frequency. For example, you can set up Auto Invest to buy $20 worth of bitcoin every month. Updating your plan only takes a few clicks, whether to pause, cancel or adjust the frequency of your purchases. 5. Earn daily interest while you HODL Grow your cryptocurrency portfolio through interest-generating services on Simple Earn, with hundreds of different tokens available on Binance.The process is simple. There is no trading, purchasing or anything complex involved. Browse our options and select a term plan that works for you, then relax while your cryptocurrency generates passive income. Please note that certain plans allow you to withdraw your earnings at any time (Flexible Products), while others require a lock-in period (Locked Products) for your funds. Be sure to carefully review the terms before subscribing to a plan.Is HODLing a strategy I should follow? Remember: the people who HODLed since 2013 endured years of heavy losses before their cryptocurrencies finally paid off. The HODL strategy is not suitable for everyone. Understand your own financial situation and risk tolerance before purchasing cryptocurrencies. Your financial situation may require you to sell your coins when prices are high or if you have suffered a very heavy loss. Certain cryptocurrencies – particularly smaller and more volatile ones – are less than ideal for a HODL approach. Take it easy and HODLA Binance has all the tools and features you need to HODL, from secure, easy-to-use storage to passive income plans for your cryptocurrency holdings. If you are new to Binance, create an account and complete verification. Binance is also celebrating the 2024 Bitcoin halving event by sharing up to 2,000,000 USDT in rewards on Binance Earn. Stay tuned to our HODL & EARN campaigns every month until the next halving and become a true cryptocurrency HODLer! And a final word for people new to the world of cryptocurrencies  – HODL is more than just a strategy for the crypto community. It's a philosophy, a mindset to stay resilient towards goals no matter what obstacles arise along the way.Further ReadingHODL & EARN: Up to $2,000,000 in Rewards to Share!What is Binance Earn and how to use itAutomatic Investing, New and Improved: Learn about new featuresProducts and services mentioned here may not be available in your region.Risk Warning: Cryptocurrency prices are subject to high market risk and price volatility. You should understand the associated risks and only invest in products with which you are familiar. You should carefully consider your investment experience, financial situation, investment objectives, risk tolerance and consult your independent financial advisor before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment may go down as well as up and you may not get back the amount invested. You are solely responsible for your investment decisions. Binance is not responsible for any of your possible losses. For more information, see our Terms of Use and Risk Notice.

In the first months after I got into crypto, my portfolio performed poorly.There were several reasons for this, including my total lack of understanding of how this market worked at that point.After a while, I managed to become profitable.However, the mistakes I made at the beginning cost me a significant amount of money.But especially if you’re a beginner, you don’t have to repeat the same mistakes as me.Here are 7 crypto tips to help you make it in the next bull cycle:Bet less, but with higher convictionMany people are obsessed with diversification.Diversification is great, but for preserving wealth, not for building it.Indeed, it’s easier to sleep at night knowing that you have your investments spread across 15-20 projects and if one of them dies, this won’t have a big impact on your portfolio.But it’s insanely hard to build wealth this way.Instead, if for example, you like 25 projects, make just a few high-conviction big bets on the top 6-7 that you consider to be the most promising ones.It’s much easier to manage well up to 6-7 positions rather than 25.Don’t rotate out of winnersThat’s one of the biggest mistakes that many people do.If you see one of your tokens pumping hard while another one underperforms, it’s almost never a good idea to sell the top-performing token and increase your exposure to the loser.Let your winners run.Things will get crazy in the next bull market.And nothing hurts more than selling a token after it did a 2x, only to see it doing another 10x in the next months.Take profits, but only after your sell targets are hit or your non-crypto friends start calling you to ask what tokens they should buy.Understand that pumpamentals > fundamentals in a bull runPumpamentals are the factors that can drive a fast increase in the price of a token, but aren’t related in any way to the fundamentals.XRP hit a $80 billion market cap during the last bull cycle.This wouldn’t have been possible without its extremely active cult-like community.And there are many other tokens that reached insanely high valuations due to their strong pumpamentals.I think that fundamentals will eventually become the primary factor that will drive prices, but we’re still far away from that point in my opinion.So rather than focusing solely on finding the projects with the strongest fundamentals, try to also understand what makes retail investors buy a certain token.Retail investors are looking for simple narratives.In a bear market, those things matter the most:fundamentalsrevenue generationproduct market fitBut in a bull market, pumpamentals are becoming extremely important.charismatic cult leaderssocial media hypenarrative market fitstrong marketingI shared more thoughts about pumpamentals in this thread a while ago:Write down your investment thesisThis might seem boring and that’s not something that many people do.But as Louis Cooper perfectly said in the tweet below, writing can help you a lot to build conviction in your investments.It also helps to better understand what you’re investing in and identify gaps in your knowledge. On top of that, it’s easier to avoid investing based on FOMO when you force yourself to write your thesis before buying a token.Review your portfolio on a bi-monthly or monthly basisUnless you buy BTC or ETH, using a buy-and-forget strategy is a terrible idea.Crypto is moving at an extremely fast pace, and most projects become irrelevant in less than 2 years after their launch.This is why I recommend reviewing them regularly.Some things that I check when reviewing a project from my portfolio:the team’s recent progresson-chain metrics (revenue, fees, TVL, etc.)community strength (Is anyone talking about that project on X?)roadmap (what’s next for the projects you’re betting on?)As George Soros said, “It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong.”.The only way to minimize your losses is by cutting your losers early when the fundamentals change.Keep an open mind to new ideas and perspectivesOne way to increase your chances of making it is to invest in unpopular projects that are misunderstood before everyone starts talking about them.Saying “that would never work" without doing some research first is the most costly mistake you can make in a bull market.Constantly trying out new things can be extremely rewarding.On top of that, you might also get some airdrops by doing this.Also, if you can’t easily change your bias when new important information comes, you’re a project community member, not a real investor.Be open to accept that sometimes you’re wrong.The greatest traders have zero ego problems in saying “My analysis was wrong, I fucked up”.Create an exit strategyEveryone who didn’t take profits last bull run swears that will take profits next time.But it’s very easy to get caught up in the bull market’s euphoria.At the peak of every bull run, 90% of influencers say that we’re going higher. That we’re just getting started. Sell shaming becomes something common and those who take profits are called idiots.That’s why you need to create an exit strategy and make sure you’ll stick to it. It won’t be easy to sell and you’ll probably not sell the exact top.But at least you’ll make sure that you locked in some profits and you didn’t survive a harsh bear market for nothing.A good exit strategy should include 2 things:when to take profitswhen to cut lossesHere’s a great thread on how to create an exit plan:And that’s all for today.To conclude, the number one thing that I recommend you is to invest/trade based on a strategy and a set of rules that you decide based on your previous market experience.As the quote says, “A trader without a system with an edge is a gambler”.It’s very hard to build wealth, and easy to lose it.That’s why a clear strategy is needed.I hope you enjoyed reading this article.Until next time,MASTERING CRYPTO $BTC #BinanceTournament #BTC🔥🔥 #BinanceCEO