#NewsTrade I got into Bitcoin community on Binance since 2021. I bought roughly $3000 worth of crypto randomly. But ever since, market kept dumping till my value became $241 and then I starter applying the few things I have been learning on trades. The chart analysis, candle patterns, investing mostly on real world projects, memes with some real value attachment and large following/solid community.
So far from April, I got in during the bear trend, my portfolio fell to around $140 through futures trades, but then in another week, I rose above $400. Ever since, I have withdrawn over $130 and currently have over $500 in my account.
The last bear trend happened prior to the FOMC meeting in May, and I betted long knowing the bullish trend wasn't over. But then that's where I erred and I saw my account drop from $470 to about $26.
Good market placement, which I won't exclude God's help, resulted in total and complete recovery and in a matter of days, I am over $500.
I use stop loss a lot, because my funds are important to me. But knowing good entry points is what matters most. And when I identify a great underpriced project, I literally stay as long as possible on the trade, except my targets are hit, but then I learned to take small profits as the unrealized profits keeps mounting up.
Follow me for more trading discussions like these, and hopefully soon I will become a lead trader and we all can benefit together.
I learnt a hard lesson during the last bear period following the FOMC meeting.
Don't go against market trend. I kept chasing an opportunity and literally almost lost all my account.
By the Grace of God, I made a last ditch attempt to stay with my resolve that the market was going to continue the bullish trend and it paid off. Yes it did. From an account low of $26 to over $500 in a week.
$DOGS rally helped about 10% of the times I recovered, I will share others as trade continues.
#USStablecoinBill I see so many posts about this Stablecoin bill. Please could we gather in my comments to discuss what bill this really is and it's potential impact to our trades, especially for me that have majored as a Futures trader, I always trade with the USDT pair. Is there something I am missing that I should know?
Follow me too if you want to grow with me, not so fast though, but steadily.
The market reaction recently looks like a #MarketPullback but I have a little of doubt and that has cost me at least $150 losses in the past 2 to 3 days, through stop losses on GUN, KERNEL, AIOT, LTC, ADA, AVAX, AERGo, DOGS and INIT. I think about two I may have missed.
The stop loss was necessary but quite not required for a few, especially the ones I shorted. I even shorted BTC when it was still 97100, but my stop loss was too tight, I trade with little capital and a bit too conservative.
Though the market is looking more bearish than bullish, I am more of a long trader than short. So I actively look for great projects that are really cheap and buy them. Still, when buying, I make sure I don't forget my stop loss in Futures, eventually, it will be gradual growth than throw away all my capital.
Top traders, please advise. I currently have some small wins with Haedal Protocol.
The market reaction recently looks like a #MarketPullback but I have a little of doubt and that has cost me at least $150 losses in the past 2 to 3 days, through stop losses on GUN, KERNEL, AIOT, LTC, ADA, AVAX, AERGo, DOGS and INIT. I think about two I may have missed.
The stop loss was necessary but quite not required for a few, especially the ones I shorted. I even shorted BTC when it was still 97100, but my stop loss was too tight, I trade with little capital and a bit too conservative.
Though the market is looking more bearish than bullish, I am more of a long trader than short. So I actively look for great projects that are really cheap and buy them. Still, when buying, I make sure I don't forget my stop loss in Futures, eventually, it will be gradual growth than throw away all my capital.
Top traders, please advise. I currently have some small wins with Haedal Protocol.
The market reaction recently looks like a #MarketPullback but I have a little of doubt and that has cost me at least $150 losses in the past 2 to 3 days, through stop losses on GUN, KERNEL, AIOT, LTC, ADA, AVAX, AERGo, DOGS and INIT. I think about two I may have missed.
The stop loss was necessary but quite not required for a few, especially the ones I shorted. I even shorted BTC when it was still 97100, but my stop loss was too tight, I trade with little capital and a bit too conservative.
Though the market is looking more bearish than bullish, I am more of a long trader than short. So I actively look for great projects that are really cheap and buy them. Still, when buying, I make sure I don't forget my stop loss in Futures, eventually, it will be gradual growth than throw away all my capital.
Top traders, please advise. I currently have some small wins with Haedal Protocol.
As long as $SIGN language 😁 is pumping, it is a great project and deserves the hype, but will price correct and go back up. I missed the dip, so am not going in on it yet.
However, $INIT is a super project and I am always in the habit of looking for dips to ensure I lose less than I win, so yeah, am long on INIT and it can actually get to $1.5 in the short term, my bet though. Always do your own research and learn your own methods, if I share with you, it is mainly to build a family of followers who can benefit from me and I benefit from them. One of which ways will be through my Copy trades in like 6 days time.
Follow me to know when it is live. I am a super conservative trader but yet also like to make great gains, so very good with patience and studying.
$NFP NFPrompt have been one of the AI pioneers on the blockchain and has failed in terms of monetary value having dropped over the years from as high as $1 from launch time to the current price of $0.085 per.
Now here is the catch. I don't just trade, I look out for gems like this that seems forgotten but have a real value that is not commensurate to it's price, then determine for a position closer to its all time dip and buy.
I believe I made the right choice with NFPrompt. And please follow me, as I am still building my account to be able to become a proper lead trader, and I do have a plan to do my most risky trades on my futures account but for when I see the best positions, I will add that for my copy traders to ensure we stay green indefinitely. In like a week time, you can all start copying my trades.
#EthereumFuture is a bit shaky. On the price level, may add some gains, but quite low relative to other high profile alts.
It will certainly take a while for the eth profile to improve and attract the buzz it requires for price take-off.
I had placed my bet fully on Eth but now a bit on the fence part, take a bit of Eth on the low when I can and keep watching.
Perhaps, another interesting thing is that it is overly reactive on bitcoin bear moments and not as reactive for the bullish moment, so logically comfortably shorting it when bitcoin is bearish is proving to be wise move at the moment.
#CanadaSOLETFLaunch With Canada launching the Spot Solana ETF, US will follow suit soon, and for what it is, that's great news for Solana's long term viability.
BTC price will still continue fluctuating between 83k to 88k. This period will be a great time for some Altcoins to gain most of what has been lost.
Old launches that caused some heartbreaks like $HMSTR will rise really fast because of some efforts to create a tangible solution that has real value.
While new launches like $WCT will move even faster because of the trust its product have amassed even before token launch.
In summary, good projects and strong community, alongside very low market capitalization compared to the products relative strength index will determine how high an Alt will go and if it gets there, will it remain at the top for much longer.
Alt season may not happen until the world's outlook gets really better and maybe some stability with the new US govt, but some good tokens will do at least 2x this year.
Don't take my ideas as investment advice though. This is not a financial advice.