Now, I know this is going to generate a lot of controversy, but I still believe this project is worth it. š„š The risk is high, but that's the type of investor I am. I love risk, but controlled and calculated. šÆšø When I say I like this project, I do it because of its technology, idea and adoption, but also because of Binance. ššŖ Don't underestimate the huge influence Binance has on the crypto space; just look at BNB and see. š That being said, it is not my intention to put all of your savings into this project. š°šø The calculated risk should represent between 5% and 10% of your portfolio for this type of project. šš° Remember Solana when it was less than $10? It was awash in FUD, but still offered incredible utility, and then the price took on a life of its own! š The way I see it, altcoins are being held back by the price movements of Bitcoin and Ethereum. Once they are back up and running, altcoins will do the same. š„šÆ Keep this in mind when judging what to invest in next; It could be the job for you! š§āāļø
Hello merchants! New pointer! š It seems that the asset $AEVO is actively growing and has now formed a preload for several horizontal resistance levels. Furthermore, the daily trading volume increased to 160 million. According to recent data, a predominance of buyers can be observed in the observed pattern. However, before the breakout move, trading spikes and increased buying activity should be expected with the removal of liquidity beyond the levels... Please see the attached image for more information. You can also use the chart shortcut below to quickly access trading ā”ļøš I hope you like this analysis and if so, feel free to like this post to show your support š (thank you!) ā Disclaimers ā As always, the choice to trade is yours, as is the responsibility for your profits or losses šš This is not an exact science š Always remember to *Do your own research* (DYOR) š§ This is not investment advice, it is simply free knowledge for your consideration šāØ
but after a lot of struggle and learning, I managed to flip the coin and make amazing profits. Here are 7 golden rules that helped me make money with cryptocurrencies: šš¼ 1. DIVIDE AND CONQUER: Divide your funds into 5 parts and invest only a fifth each time! Keep the strap tight with a stop loss of 10 points. Mistakes are inevitable, but with this strategy, you will only risk 2% of your total funds per trade. Set a profit stop of more than 10 points to avoid getting trapped. šš° 2. FOLLOW THE TREND: Improve your win rate by following the trend! Buying on bounces in a downtrend may seem tempting, but it is often better to wait for dips in an uptrend. šš 3. AVOID SHORT TERM SHOOTING: Stay away from coins that have skyrocketed in the short term. Whether mainstream or copycat, few currencies sustain multiple waves of uptrends. Don't bet on these volatile movements. šš 4. MACD INDICATORS: Use MACD to time your entry and exit points. A golden cross below the 0 axis indicates a steady entry, while a dead cross above the 0 axis suggests declining positions. šš 5. AVOID AVERAGING DOWN: "Covering positions" can cause large losses. Resist the temptation to double your bet when you're losing; Instead, increase positions when profitable. Don't dig yourself into a deeper hole. š¹š 6. LOOK AT THE VOLUME: Volume and price indicators are crucial. Pay attention to high volume advances at low consolidation levels and exit decisively when high levels show stagnation. šā¬ 7. TAKE ADVANTAGE OF THE UPTREND: Stick to coins with upward trends to maximize your chances of winning. Keep an eye on key indicators such as the 3-, 30-, 84-, and 120-day moving averages to gauge market direction.