Rapidaccess

This is my First Square Post.
I have been in the crypto circle for almost a decade now. I have seen so many ups and downs throughout these years. One thing that I have noticed,that is constant is that people always make the same mistakes over and over and over again. I would love to highlight those mistakes in my posts so that if few of you would understand the theory and avoid those mistakes then i would think that it served my purpose.
Keep following me and keep learning the lessons for free that I have learnt after wasting thousands of $.

#BinanceAlphaAlert
#BTCNextMove #USJoblessClaimsFall

Lesson#06
Invest in Portions:
What I have seen and experienced over the years is that people tend to invest all of their dollars in one go and lose their privilege of averaging out when the dips come in the market. I know sometimes the market looks very attractive, and you will think that this is the best time to have a full go at it and put all your money in one go. But after a very short time, you would realize that this was not the extreme dip, and the market started going down again. At that time, you would be short of funds because you would have already invested all your capital.

I will give you my own example. When $ETH was at $4000, I invested my whole capital into it. The market started going down; in fact, $ETH came down all the way to $2100. But unfortunately, I was not having any funds to average it out. So eventually, I had to wait for one complete year before Ethereum came to break even.

The lesson learned here is to never ever put your whole investment in one go. Always invest in portions so that you have the chance to average it out when the market goes down."
#ETH #educational_post

Lesson#05
The Demo Trading Trap:

Demo trading is a type of trading offered by some exchanges or brokers. It provides new traders with simulated funds to practice trades and learn the intricacies of the market without risking real money. These demo funds are intended to train beginners.

However, there's a crucial element missing in demo trading: the risk of losing money. Without the fear of loss or the greed of profit, most people will perform exceptionally well. This creates a trap for new traders. When they turn their $10,000 demo account into $20,000 or $30,000 in a short time, they may believe the market is easy and offers quick riches. This often leads them to jump into real-money trading, and things can go terribly wrong very quickly.

Now, the factors of fear and greed come into play. New traders find themselves in an endless war with seasoned traders whose primary goal is to liquidate them as quickly as possible.

The Takeaway

Never rely on your performance with demo funds. These simulated funds won't teach you real trading skills. Their primary purpose is to help you learn how to execute different order types offered by the exchange. That's it.

The lesson learned: Use demo funds only to learn the different order types provided by a specific exchange. Never base your trading decisions on the results you achieve with these dummy funds. Those results are just as fake as the funds themselves. Demo accounts can be a trap for newcomers, luring them in with easy profits from childish trades. This motivates them to deposit their real money, which can be quickly lost.
$BTC $SOL
#EducationalContent #DEMO

Lesson#04
Avoid Fake Influencers :
One thing that is very common in the crypto community is the presence of so-called social media influencers whose only function is to promote coins for their own benefit. These coin developers typically offer these influencers a bunch of tokens, and they just keep promoting worthless trash coins. They make all sorts of promises about these coins, and when the coins go down 10x or 15x, they don't even take responsibility for their words. They will never admit that their followers lost a lot because of their bad advice. Unfortunately, they don't stop there. Next week or month, they will come up with a new coin and new promises. Newcomers often fall prey to them. They think that these influencers must be loyal to them and want their benefit, without realizing that the influencers have their own agendas. These influencers create fake hype about these projects and don't invest a single penny of their own money. We, the innocent people, just because of trust in these influencers, get trapped and invest hundreds of dollars into worthless coins that don't even deserve a couple of bucks.

Lesson learned: Do not blindly trust influencers for making investment decisions. Do your own due diligence. Read about the purpose of the project, its use case, and the developers behind it. Find out what they have achieved in the past. Get as much information about a project as you can. You know, when Bitcoin came into existence, it took more than two years before it attracted any significant investment. Now, a coin comes into existence, and just a couple of minutes later, people are putting their life savings into it. This is suicidal! What you should do is proper fundamental analysis. Once you are confident that a project is legitimate and has the potential to grow in the future, only then invest your hard-earned money.
$XRP $SOL $BTC
#BTCNextMove
#MarketCorrectionBuyOrHODL?

Lesson#03
Make a Proper Budget for Meme Coins:
**It's the Meme Era. Everyone is talking about meme coins. Stories are going viral that someone put $100 in a meme coin and it turned into half a million dollars. This sort of story diverts the attention of new traders, and they start daydreaming of becoming millionaires with these meme coin investments.

First of all, you need to learn the fact that most of these stories are self-generated and have nothing to do with reality. And if somebody really made that much money, he must be one man out of half a million people who just failed. Nobody will highlight thousands of stories where people just put their life savings into meme coins and left bankrupt.

I just wanted to emphasize that you must calculate the risk when investing in meme coins. If a thousand meme coins are launched, almost 990 would just go to trash.

You must make a rule for yourself. Collectively, you must not invest more than your one-month salary into all of these meme coins during the whole bull run. Again, emphasizing, you must not exceed this limit. If you can discipline yourself and maintain your budget, you can avoid disaster.

I know you must be thinking people have made fortunes with meme coins, but believe me, meme coins have made so many people ruin their life savings as well.

Lesson learned: Make a proper budget for trying your luck in meme coin investment portfolios and never exceed limits so that you can't afford to lose at any cost.**
$BTC #BinanceAlphaAlert

Lesson#2
Avoid Leverage Trading :
Many of the new traders start their trading journey with leverage trading, and almost 99 percent of them lose all their money within the first 6 months. Leverage trading is absolutely risky, and it is not suggested for newcomers. Never enter the market directly into leverage trading. For the first couple of years, just focus on spot trading. Then, once you become familiar with the market dynamics, only then enter the futures market, but never put more than 20 percent of your portfolio in futures trading. Your 80 percent must be in spot trading.

I know with little investment, you might think that spot trading may not generate you enough profit, but that's absolutely not true in crypto. We have seen so many coins going 10x, 15x in crypto. If you have only $100, you can easily convert them to four digits if, after due diligence, you find some gem altcoins.

So, the lesson learned is to only invest 20 percent of your portfolio into futures trading; the rest must be in spot trading. And this twenty percent must come after two years of working with spot accounts. Never go directly to futures on day one of your trading journey.
#MarketPullback

Lesson#01
*Trading Based on CPI Data and Initial Jobless Claims*
Many traders jump into trades based on big news like the Consumer Price Index (CPI) or jobless claims. They think if inflation goes up (higher CPI), interest rates will rise, making the US dollar stronger and Bitcoin weaker. So, when the CPI number comes out higher than expected, they rush to go short the bitcoin assuming that the market would behave accordingly . The Fact is,market would have already adjusted for these numbers one or two days before.
The big players, the "whales," already know this stuff way before it hits the news. They've already adjusted their trades, so by the time we see the news, it's often too late. We're basically just feeding them money by reacting to news they already know.

The key is to look beyond the obvious. Don't just chase headlines. Dig deeper, understand the bigger picture, and develop your own trading strategy. This way, you're not just reacting to news everyone else knows; you're making informed decisions based on your own analysis.
#BTCNextMove #ElSalvadorBTCReserve

You must be responsible man with such kind of fan followings. Our hard earned money is being wasted just because of your logics that are not working at all.

Every time you come up with some new conspiracy theory. last time out of no where you predicted that trump is gonna lose this election and we all went to short positions

Mr.Jifu you have been at the wrong side of the market through out this bull season. Just because of you we missed such a great bull run.