GoAllIn
Going all in: if I win, I'll be living the high life; if I lose, I'll be working hard to make ends meet.
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This week's $BTC closing price prediction: $91492.85
Binance Square Official
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Predict BTC Price & Win up to $300 USDC!
With the new year approaching, where do you think Bitcoin will go next?
Drop your prediction for this week's $BTC closing price in the comments of this post 👇
🎁The top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now!
*Campaign Period: 2024-12-30 07:00 to 2025-01-05 20:00 (UTC)
‼️Ensure you have updated your app to at least version 2.92. Also, make sure the "Also Repost" box is checked when replying to be eligible for entry.
Terms and Conditions:
This campaign may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the campaign period eriod. Ensure the "Also Repost" box is checked when replying, or your comment won't count as a valid entry.To ensure fairness, entries closed at 2025-01-05 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price at 2025-01-05 23:59:59 UTC.If users made multiple comments, only the first comment will be considered as an eligible entry. Deleted comments are not eligible for rewards.In case of identical predictions, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 7 working days after the campaign ends and notified via a push notification under Creator Center > Square Assistant. Rewards will be distributed in the form of token vouchers to eligible users within 14 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this post and the original English version, the English version of this post shall prevail.Additional promotion terms and conditions can be accessed here.
Drop your prediction for this week's $BTC closing price in the comments of this post 👇
🎁The top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now!
*Campaign Period: 2024-12-30 07:00 to 2025-01-05 20:00 (UTC)
‼️Ensure you have updated your app to at least version 2.92. Also, make sure the "Also Repost" box is checked when replying to be eligible for entry.
Terms and Conditions:
This campaign may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the campaign period eriod. Ensure the "Also Repost" box is checked when replying, or your comment won't count as a valid entry.To ensure fairness, entries closed at 2025-01-05 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price at 2025-01-05 23:59:59 UTC.If users made multiple comments, only the first comment will be considered as an eligible entry. Deleted comments are not eligible for rewards.In case of identical predictions, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 7 working days after the campaign ends and notified via a push notification under Creator Center > Square Assistant. Rewards will be distributed in the form of token vouchers to eligible users within 14 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this post and the original English version, the English version of this post shall prevail.Additional promotion terms and conditions can be accessed here.
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Why is it always easy to take profits but hard to stop losses?
Have you noticed that it's always easy to take profits but hard to stop losses?
Yes, you are not alone; it's hard to decide when to stop loss, but it's easy to take profits, yet often regretting exiting too early. So today, let's talk about why taking profits is easy while stopping losses is difficult.
Take profits for small gains, stop losses for large losses.
Whether for beginners or experts, we all experience 'small gains, large losses,' earning only a few hundred dollars each time, but suffering losses of over a thousand dollars, repeatedly experiencing a return to square one.
Every time you start making a profit, your heart becomes restless: firstly, you hope to make more profit, and secondly, you don't want your profits to shrink. Even if you set an expected profit point, if the market fluctuates slightly and causes a decrease in profit, you will immediately settle and exit, hoping your exit point will be today's highest or lowest point, as only then can you feel your judgment is correct. Sometimes, what was originally a profitable order ends up turning into a loss; after several such experiences, you are further prompted to take the small profit, leading to only small gains.
Yes, you are not alone; it's hard to decide when to stop loss, but it's easy to take profits, yet often regretting exiting too early. So today, let's talk about why taking profits is easy while stopping losses is difficult.
Take profits for small gains, stop losses for large losses.
Whether for beginners or experts, we all experience 'small gains, large losses,' earning only a few hundred dollars each time, but suffering losses of over a thousand dollars, repeatedly experiencing a return to square one.
Every time you start making a profit, your heart becomes restless: firstly, you hope to make more profit, and secondly, you don't want your profits to shrink. Even if you set an expected profit point, if the market fluctuates slightly and causes a decrease in profit, you will immediately settle and exit, hoping your exit point will be today's highest or lowest point, as only then can you feel your judgment is correct. Sometimes, what was originally a profitable order ends up turning into a loss; after several such experiences, you are further prompted to take the small profit, leading to only small gains.
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Should We Add Positions When Trading Contracts?
Yesterday, I wrote an article about whether to set stop-losses when trading contracts. I wonder if everyone has different opinions. Today, let's discuss whether we should add positions when trading contracts.
In fact, this also depends on different situations; one should not just follow the crowd. Just like some people believe contracts should not be touched, while others think contracts are a fantastic trading tool.
Whether to add positions when trading contracts, I think there are two situations. It depends on the trading style whether to add positions or not.
1. We should not add positions; this situation mainly applies to short-term trading. Since it is short-term trading, it means that the direction has already been determined before opening a position. Needing to add positions implies that one's judgment is incorrect, and one should stop losses in a timely manner instead of blindly adding positions, which can easily lead to serious losses or even liquidation.
In fact, this also depends on different situations; one should not just follow the crowd. Just like some people believe contracts should not be touched, while others think contracts are a fantastic trading tool.
Whether to add positions when trading contracts, I think there are two situations. It depends on the trading style whether to add positions or not.
1. We should not add positions; this situation mainly applies to short-term trading. Since it is short-term trading, it means that the direction has already been determined before opening a position. Needing to add positions implies that one's judgment is incorrect, and one should stop losses in a timely manner instead of blindly adding positions, which can easily lead to serious losses or even liquidation.
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Should You Set Stop-Losses When Trading Contracts?
First of all, regarding contracts, many people think they are a terrible threat, but this part of the population lacks understanding. Existence is reasonable; there are probably two types of people who hold this view:
1. Those who have suffered significant losses in contracts may have lost quite a bit of money, or even blown up several positions, leading them to believe that contracts are a terrible threat, and trading contracts will eventually lead to zero.
2. Another type of person is the one who follows the crowd, who has never traded contracts themselves. They see countless discussions online saying 'those who trade contracts are all gamblers, they will eventually go to zero...' Thus, they subconsciously think contracts are really scary and should not be touched.
1. Those who have suffered significant losses in contracts may have lost quite a bit of money, or even blown up several positions, leading them to believe that contracts are a terrible threat, and trading contracts will eventually lead to zero.
2. Another type of person is the one who follows the crowd, who has never traded contracts themselves. They see countless discussions online saying 'those who trade contracts are all gamblers, they will eventually go to zero...' Thus, they subconsciously think contracts are really scary and should not be touched.
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Various MACD Patterns (with illustrations)
1. Golden Cross and Death Cross Patterns
Golden Cross: The MACD fast line (blue line) crosses above the slow line (orange line), a buy signal
Death Cross: The MACD fast line crosses below the slow line, a sell signal
This is the most basic and commonly used MACD trading signal
2. Bottom Divergence Pattern
Forms when the price makes a new low, but the MACD does not make a new low
Indicates that downward momentum is weakening and may soon reverse
This is a strong buy signal, especially in oversold areas
3. Top Divergence Pattern
Forms when the price makes a new high, but the MACD does not make a new high
Indicates that upward momentum is weakening and may soon adjust downward
Golden Cross: The MACD fast line (blue line) crosses above the slow line (orange line), a buy signal
Death Cross: The MACD fast line crosses below the slow line, a sell signal
This is the most basic and commonly used MACD trading signal
2. Bottom Divergence Pattern
Forms when the price makes a new low, but the MACD does not make a new low
Indicates that downward momentum is weakening and may soon reverse
This is a strong buy signal, especially in oversold areas
3. Top Divergence Pattern
Forms when the price makes a new high, but the MACD does not make a new high
Indicates that upward momentum is weakening and may soon adjust downward
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The pullback of $BTC large pancake still has at least a $3000 range, approximately a week in time. Exercise caution when buying the dip.
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The same view, the risk is buried in the climax.
BTC Divergence Approaching! Daily Level Pullback Risk Intensifying
The divergence point from yesterday has constructed a third buying point, as expected. Two points need attention: breaking the upper edge of the central line or the segment ending situation. A 4-hour divergence combined with a daily dead cross signal indicates a very high risk of a pullback! Whether the rise continues depends on whether the central line breaks, proceed with caution in reducing positions to prevent risks!
Yesterday, the third type of buying point was expected to be constructed at the divergence point, and today's third buying point is running smoothly as expected, but we need to pay attention: the risk of a pullback is intensifying, and the current trend is approaching a critical node.
Comparing to the central line entry segment a, the overall situation is still in a divergence state, so the short-term trend is likely to see a pullback at the same level. Next, two key situations need to be closely observed:
Yesterday, the third type of buying point was expected to be constructed at the divergence point, and today's third buying point is running smoothly as expected, but we need to pay attention: the risk of a pullback is intensifying, and the current trend is approaching a critical node.
Comparing to the central line entry segment a, the overall situation is still in a divergence state, so the short-term trend is likely to see a pullback at the same level. Next, two key situations need to be closely observed:
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The fees on Binance are really damn high, calling it a vampire isn't an exaggeration!
$BTC
$BTC
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Has deviated for many days, personal opinion, just recording it
$BTC Bitcoin has basically reached its peak in the short term. It is not recommended to do long. It is more cost-effective to wait for the adjustment. Of course, it is not recommended to short. Waiting for empty positions is the best operation. Add a picture
See original
$BTC Bitcoin has basically reached its peak in the short term. It is not recommended to do long. It is more cost-effective to wait for the adjustment. Of course, it is not recommended to short. Waiting for empty positions is the best operation. Add a picture
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