Every year, we hear tragic stories—people take their own lives because of a single bad trade. Some even have suicidal thoughts after a liquidation event. It’s a harsh reality, and it’s one we must face as traders. That’s why I can’t stand those trade gurus who sell the illusion of instant wealth and boundless riches. Sorry to burst your bubble, but that’s not how trading works.
Sure, you can build substantial wealth and even become financially free, but it’s a cumulative effect of steady, strategic wins. Along the way, losses will happen, and those must be factored into your strategy. This is how you grow sustainably and join the 1% who make it in this game. It’s a numbers game—statistically, you will face losses. The key? Managing them.
Putting all your eggs in one basket is a disaster waiting to happen. I’m not here to scare you, but I’m telling you the truth because I believe, if you’re reading this, you’re meant for greatness. You owe it to yourself, your family, and your future to approach trading with the right mindset.
Here are 5 key points to help you succeed and prevent a catastrophic loss from destroying everything you’ve worked for:
1️⃣ Diversify: Spread your risk across different assets and strategies.
2️⃣ Risk Management: Know your stop loss and stick to it.
3️⃣ Stay Emotionally Balanced: Don’t let one bad trade wreck your mindset.
4️⃣ Small Wins, Consistency: Steady growth is better than huge, risky bets.
5️⃣ Account for Losses: Accept them as part of the journey, and learn from them.
If you want to trade with me, join my copy trading account. I’ve built a strategic approach that maximizes long-term success. Click here to copy my trades and 🚀💰.
Cheers, and happy trading!
El-Shaddai: (Hebrew: אֵל שַׁדַּי) – “God Almighty, the All-Sufficient One.” His grace sustains.
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I keep saying, that time to to short is coming, In probably the next few weeks we gonna see BTC at 85K, so be ready, on 20 Jan, we will be back up again! $BTC
I am super excited to be part of this incredible community and to receive such a top-tier gift! 🚀✨ Binance continues to show why it's the biggest in the world, always valuing those on this journey. Let’s keep exploring the crypto universe and growing together! 🌐🔥
I'll be ready to short on BTC when it reaches 100k! There are a lot of people waiting for it to sell, it will be a good chance to try short on futures, aways with caution! $BTC
Many followers hope the price will reach 2 - 3 USD, fabiano.sol stated that, given the current situation, such a range is too high. A more supported price prediction is between 0.8 USD - 1.2 USD, which is close to the current trading price. Some other investors believe that if GRASS is listed on Binance, the token price could reach 1.2 - 1.5 USD.
Bitcoin has proven time and time again to be one of the most volatile and rewarding assets in the market. But let's face it – what goes up must come down, and one day, the price of Bitcoin will fall significantly.
When that happens, it’s not a time to panic, but to prepare. These moments of major correction often open the door for massive opportunities. Historically, many have turned these dips into life-changing gains by buying when others were fearful.
Share to Win is back with BIGGER rewards where verified users may participate to unlock over 100 USDT in rewards.
Activity Period: 2024-05-23 09:00 (UTC) to 2024-06-06 09:00 (UTC)
Activity 1: Share Binance Square Links With Your Referrals to Get up to 100 USDT in Crypto Red Packet
You and a friend can unlock up to 2USDT in red packet when your friend clicks into any Square content links that you share!
Enjoy BIGGER rewards when you send it to a friend new to Binance!
Activity 2: New Users Exclusive - Sign up With Binance & Complete Tasks to Earn extra up to 5.5 USDT in Rewards
1. Open any ten unique Binance Square links while being logged in to your Binance account.
2. Complete a trade of at least $100 equivalent on Spot, Futures, Margin, Options, or Convert.
This Activity may not be available in your region. The rewards for both Activities are distributed on a first come, first-served basis, with limited redemptions available.
🥷 Crypto enthusiasts, the SEC has approved 8 ETFs from BlackRock, Fidelity, Grayscale, Bitwise, VanEck, Ark, Invesco Galaxy, and Franklin Templeton. ETF issuers need their S-1 registration statements to become effective before trading can begin. It is unclear how long this process will take, but some analysts speculate that it could take weeks or months.
And look at this: we've reached S2 for now, which is an important support level. If we cross below this, an amazing buying opportunity will be created.
Shadow Crypto
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Bearish
Fibonacci's Pivot for BTC Take a look at Fibonacci's Support (S) and Resistance (R) levels for BTC if you wonder where to place your Stop Loss and Take Profit. #trading #bitcoin #TradingPredictions $BTC $BNB
Fibonacci's Pivot for BTC Take a look at Fibonacci's Support (S) and Resistance (R) levels for BTC if you wonder where to place your Stop Loss and Take Profit. #trading #bitcoin #TradingPredictions $BTC $BNB
The Bitcoin Halving does not have an immediate effect on the price of the currency.
If you are eager for any change in price, don't be.
It won't change overnight.
It will have an immediate effect on the generation of new crypts. The generation of Bitcoin is 6.25 Bitcoins per reward block for miners. And this reward will be halved to 50%, meaning 6.25/2 = 3.125 BTC per block. The value of Bitcoin depends solely on people trading the asset on exchanges, peer-to-peer, and freely in the market. Generally, when the Halving occurs, the value does not tend to change, there is no immediate trend of anything. Now, for the miner, yes, their reward will be reduced from 6 to 3, and in 4 years, the same event will occur, until the possible year of 2140.
So, if you are eager for any change in price, don't be.
LTC Completes Third Wave Correction; Litecoin Bulls Now Ready for +40% Spike to This Next Level
According to Matthew Dixon, the CEO of Evai, Litecoin (LTC) appears to have completed its third wave correction, paving the way for a potential bullish rally. With LTC currently trading at around $77, Dixon believes that the cryptocurrency is likely to experience three waves of upward momentum, propelling its price beyond the $111.66 level, representing a potential gain of over 40%.
Litecoin’s Corrective Phase: In his analysis, Dixon suggests that Litecoin has undergone a corrective phase, characterized by three distinct waves. Corrections are typically seen as temporary pullbacks or consolidation periods within a larger uptrend or downtrend. The completion of this three-wave correction suggests that the bearish sentiment has subsided, and the bulls are now poised to regain control of the market.
Bullish Outlook: Dixon’s assessment indicates that Litecoin is now positioned for a strong bullish move, with the potential to surpass the $111.66 level. This target represents a significant upside of approximately 40% from the current trading price of $77.
Explosion in Meme Coin Market; How to find potential successors to $WIF, $PEPE, and $BONK?
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Wave Analysis: Dixon’s analysis is based on the principles of Elliott Wave Theory, a technical analysis tool used to identify recurring patterns in price movements. The theory suggests that market trends unfold in a series of waves, with corrective waves occurring within the larger trend.
By identifying the completion of the third wave correction, Dixon is implying that Litecoin has completed its temporary pullback and is now poised to resume its upward trajectory, potentially entering a new impulsive wave that could drive prices higher.
Litecoin’s Fundamentals: While technical analysis plays a crucial role in Dixon’s assessment, it is important to note that the performance of cryptocurrencies is also influenced by various fundamental factors. Litecoin’s underlying technology, adoption rates, and overall market sentiment can all contribute to its price movements.
As the analysis focuses primarily on the technical aspects, investors should also consider conducting their own research on Litecoin’s fundamentals and overall market conditions before making any investment decisions.
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The post LTC Completes Third Wave Correction; Litecoin Bulls Now Ready for +40% Spike to This Next Level appeared first on CaptainAltcoin.
After each Bitcoin halving event, historically, there has been a tendency for the price to decline. This occurs due to various factors such as market expectations, profit-taking by investors, and market cycles.
However, it's essential to note that while price declines have been observed in previous halvings, they are not guaranteed in every case.