uncleinvestor

$100 to $7,904 in 90days📈
100$ to 10,000$ TRADING CHALLENGE
This is my 90days performance so far trading Crypto using Binance and #RoyalQ

From $100 to $6,721 in 86days📈
Turning $100 to 10,000$ TRADING CHALLENGE using #RoyalQ

Turning $100 into $10,000 overnight sounds like a dream come true, but the harsh reality is that it's extremely challenging and often unrealistic. Most traders who attempt to make such rapid gains end up losing everything.

The Truth About Trading
1. It's Not a Get-Rich-Quick Scheme: Trading requires patience, discipline, and a deep understanding of the markets.
2. Survival is Key: The primary goal should be to survive long enough in the markets to let your skills and knowledge pay off.

A More Realistic Approach
1. Consistency Over Overnight Success: Aim for small, consistent gains, such as 1% profit per day.
2. Start Small: Begin with a manageable amount of capital and gradually grow your portfolio.
3. Technical Analysis: Learn and apply technical analysis to make informed trading decisions.
4. Stay Updated: Continuously educate yourself on market trends and analysis.

The Path to Success
1. Patience and Persistence: Trading success rarely happens overnight. It takes time, effort, and perseverance.
2. Realistic Expectations: Set achievable goals and focus on steady progress rather than overnight riches.
3. Continuous Learning: Stay committed to learning and improving your trading skills.

By adopting a realistic and disciplined approach to trading, you can increase your chances of long-term success and growth.

Many used to say #RoyalQ crypto trading bot can't trade futures
But so far the same bot have turned my $100 to $4,840 in only 79days
Remember RoyalQ is a crypto trading software not a platform, meaning you keep your money safely on the exchange of your choice
All RoyalQ does is make you money through executing trades even in your absence

From $100 to $4,238 in 75days📈
100$ to 10,000$ TRADING CHALLENGE
"As a trader, you need to be your own support system. Family and relatives might not understand your work, and that's okay. Crypto is still niche, so their lack of understanding is natural. Focus on developing your skills and hustling – they'll come around when you succeed. For now, rely on yourself and keep pushing forward."
#RoyalQ

Day 73... $739 Profits
100$ to 10,000$ TRADING CHALLENGE,

"Change is challenging, especially in trading. Recognizing problems is one thing, but implementing change is another. Many traders know their weaknesses – whether it's risk management, impulsive entries, or analysis – but struggle to adjust their habits. The key is to focus on skill development rather than just pursuing profits. By prioritizing self-improvement and adapting to new insights, traders can evolve and enhance their performance."

Day 71... $217 Profits
100$ to 10,000$ TRADING CHALLENGE,

"To become a profitable trader, focus on your own approach and stay in your lane. Avoid distractions and don't compare yourself to others. Trust your own judgment and make decisions based on your own analysis. By being focused and committed to your strategy, you can achieve success in trading."

CHINA WINNING SO FAR
A depreciating yuan makes Chinese goods cheaper for foreign buyers, partially offsetting the effects of tariffs.

Example
Let's say a Chinese good costs 650 yuan:

- At 6.5 CNY/USD, the price is $100.
- With a 25% tariff, the price becomes $125.

If the yuan depreciates to 7.5 CNY/USD:

- 650 yuan = $86.67
- With a 25% tariff = $108.34

Key Implications
1. Tariff Offset: A weaker yuan reduces the impact of tariffs, acting like a built-in discount.
2. Competitive Advantage: Chinese exporters remain competitive despite tariffs.
3. Inflationary Pressures: A weaker yuan can hurt China by making imports more expensive and increasing inflation.

Day 67... $46 Profits
100$ to 10,000$ TRADING CHALLENGE
"We should always remind people that Crypto trading carries significant risks, and there's no guarantee of success. To succeed, it's essential to prioritize education and understanding of the markets. Rather than seeking get-rich-quick solutions, focus on building a solid foundation of knowledge.

The learning process can be lengthy, but rushing or skipping fundamental concepts can be detrimental. Achieving success in trading requires:

- A significant investment of time and effort
- Dedication to continuous learning
- A willingness to make sacrifices

By adopting a disciplined approach and prioritizing education, you can increase your chances of success in the markets."

BEST TIME EVER

"As the market experiences a downturn, those who have maintained a cash reserve are poised to capitalize on lucrative opportunities. Many crypto investors have lost interest in recent months, leaving room for those who remain to reap significant rewards.

I firmly believe that purchasing the right coins during these dips will yield substantial returns in the coming months. When Bitcoin's value surges, alternative cryptocurrencies (alts) are likely to experience even more pronounced growth.

In hindsight, the signs will be clear, but for now, it's essential to recognize the emerging opportunities. Having accurately predicted the 2022 bear market, its bottom, the August 202 and December 2024 market fluctuations, I'm confident in my assessment that the market is once again presenting us with profitable chances.

The ideal time to invest is not when the market is already rising. Instead, it's crucial to be highly selective when choosing altcoins, as their lifespan can be relatively short."

CRYPTO IS OK
TODAY MORNING
. Australia’s stocks are down 6%

- The Japanese Nikkei 225 down more than 8.3%

- Germany’s stock market futures are down 5%

- US stock futures are down approximately 3 to 6%.

ASIAN MARKETS COLLAPSE

Asian markets are experiencing a significant downturn, with Japan's benchmark Nikkei 225 index plummeting 8.8% to a 1.5-year low of 30,792.74. This sharp decline has triggered a circuit breaker mechanism, temporarily halting trading in Japanese futures. The broader Topix index also suffered heavy losses, falling 8% to 2,284.69 .

Key Factors Contributing to the Downturn:

- US Tariffs: The White House's announcement of sweeping tariffs, coupled with China's retaliatory measures, has sparked fears of a global trade war.
- Recession Fears: Concerns over a potential recession have intensified, leading to a decline in investor sentiment.
- Global Market Sell-Off: The Dow Jones and S&P 500 indices have dropped significantly, with the Dow Jones experiencing its worst single-day performance since the pandemic .

Other Asian Markets Affected:

- South Korea's Kospi: Fell 4.34%
- Hong Kong's Hang Seng: Dropped 8%
- China's CSI300: Declined 4.5%
- Australia's ASX 200: Entered correction territory with an 11% fall since its peak in February

The Indian stock market is also expected to open with sharp losses, tracking the global market crash. The Sensex and Nifty 50 indices are likely to experience significant declines .

Day 65... $60 Profits
100$ to 10,000$ TRADING CHALLENGE

As a crypto trader, understanding the psychology of trading is crucial for success. This involves recognizing how emotions can impact decision-making and developing strategies to manage risk and stay focused.

Key Considerations
- Emotional Control: Traders must learn to manage their emotions, particularly during times of market volatility or when trades are not going as planned.
- Risk Management: Effective risk management is critical to avoiding significant losses and maintaining a healthy trading account.
- Market Analysis: Traders need to stay informed about market trends and analysis to make informed decisions.

Common Pitfalls
- Panic Selling: Closing positions too early or making impulsive decisions based on short-term market fluctuations can lead to losses.
- Loss Aversion: Allowing losses to run in hopes of a turnaround can result in significant financial damage.

Strategies for Success
- Long-Term Focus: Traders should prioritize long-term market trends and avoid getting caught up in short-term directional shifts.
- Disciplined Trading: Sticking to a well-thought-out trading plan and avoiding impulsive decisions can help traders navigate the markets more effectively.

Day 63... $53 Profits
100$ to 10,000$ TRADING CHALLENGE
Can't wait for the day my $100 will finally turn to $10,000

"Money is meant to change you. It's unrealistic to think that your mindset remains static as your financial situation evolves. When you're broke, you think differently out of necessity. However, as your wealth increases, so should your perspective.

Reaching new levels of success demands a shift in thinking. It's unrealistic to expect that the habits and mindset that got you to a certain point will be enough to take you further.

While many focus on the negative consequences of wealth, I believe change can be positive. I welcome the transformation that comes with financial growth. Staying stagnant means I'm not progressing.

Embracing change allows me to adapt, learn, and evolve. As the saying goes, 'nothing stays the same,' not even a graveyard. I'm excited for the positive impact wealth will have on my life and mindset."

Ride the wave, don't set sl... just be patient though your will incur funding fee since your margin is big
lastly don't decrease on your capital/equity as it's safeguards margin

GLOBAL TRADE WAR TENSION INTENSIFY
The trade war between the US and China has officially escalated, with China announcing a 34% tariff on all US goods. This move is a direct retaliation against President Trump's tariffs, and it's sending shockwaves through the markets. The S&P 500 has already lost $3.5 trillion in just two days, with oil prices plummeting 15% over the same period.

China's tariffs will affect all US imports, and they've also added 11 American companies to their "unreliable entities" list and 16 to their "export control" list. Furthermore, China is imposing export controls on rare earth metals, including samarium, gadolinium, and terbium.

The impact of these tariffs will be substantial, with estimates suggesting that US GDP could contract by 3-4% if they remain in place long-term. Inflation is also expected to rise, with PCE inflation potentially reaching 4% in the coming months.

The bond market is already pricing in a recession, with the 10-year note yield down 90 basis points over the past two months. The S&P 500 futures are currently down 3%, on track for an 8% loss in two days.

Key Takeaways:

- Tariffs: China's 34% tariff on all US goods is a significant escalation in the trade war.
- Market Impact: The S&P 500 has lost $3.5 trillion in two days, with oil prices down 15%.
- GDP Contraction: US GDP could contract by 3-4% if tariffs remain in place long-term.
- Inflation: PCE inflation could reach 4% in the coming months.
- Recession: The bond market is pricing in a recession, with the 10-year note yield down 90 basis points.

Day 62... $72 Profits
100$ to 10,000$ TRADING CHALLENGE
👇🏽👇🏽
Financial literacy is key to managing and growing your wealth. Many people earn money without understanding how to maintain, grow, and invest it, leading to financial struggles.

Watching documentaries like "I Blew It" highlights the consequences of mismanaging wealth. Some individuals who once had millions now rely on handouts or are even homeless.

To avoid this fate, it's crucial to educate yourself about personal finance and wealth management. Reading books and seeking guidance from financial experts can help you make informed decisions.

When you finally earn your first million, avoid the temptation to splurge on luxuries. Instead, consider investing in assets that generate passive income, such as real estate or dividend-paying stocks.

Remember, money requires maturity and responsibility. By being mindful of your financial decisions, you can build a secure and prosperous future.

$2,265 profits is what my $100 capital has so far made me in a space of 61Days
Target is $10,000 profits from $100 capital

Day 57... $69 Profits
100$ to 10,000$ TRADING CHALLENGE

The Improbability of $10,000 XRP

Let's break down the staggering implications of XRP reaching $10,000:

A Staggering Valuation
- XRP's total valuation would be approximately $582 trillion

A Challenge: Find Something Worth $250 Trillion
Can you think of anything valued at $250 trillion or more?

The Answer: Nothing
There isn't a single asset, company, or entity valued at $250 trillion or more.

The Only Exception: Global Real Estate
The total value of all global real estate combined is approximately $379 trillion.

A Critical Question
Do you believe XRP could surpass the combined value of all global real estate by $200 trillion?

This scenario seems highly unlikely, highlighting the improbability of XRP reaching $10,000.

Day 56... $27 Profits
100$ to 10,000$ TRADING CHALLENGE