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you should read foreign books on technical analysis and then meditate (think of investment philosophy through the data you have read), don't trust anyone okay
Where to study technical analysis, please
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#TradingStrategyMistakes
The biggest mistake I ever made with ADA was **buying at the peak due to FOMO**. When ADA was nearly $3, I saw many people calling for "to the moon" so I jumped in without proper analysis. Afterwards, ADA dropped sharply, and I was confused, cutting my losses at around $2.1 – losing over 30%.
👉 Lesson learned: never buy coins just because of hype. You need to have a clear strategy, defining entry - target - stoploss. And importantly, do not let emotions guide you.
Now I have returned to investing in ADA but I am much more patient and have a plan.
#ADA
The biggest mistake I ever made with ADA was **buying at the peak due to FOMO**. When ADA was nearly $3, I saw many people calling for "to the moon" so I jumped in without proper analysis. Afterwards, ADA dropped sharply, and I was confused, cutting my losses at around $2.1 – losing over 30%.
👉 Lesson learned: never buy coins just because of hype. You need to have a clear strategy, defining entry - target - stoploss. And importantly, do not let emotions guide you.
Now I have returned to investing in ADA but I am much more patient and have a plan.
#ADA
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#MyStrategyEvolution
At first, I only held ADA without a clear target, so my mentality was very shaky. After that, I learned more about technical analysis and understood the Cardano project, and I began to formulate a strategy:
- Long-term spot (DCA every month)
- Short-term futures (low leverage 2-3x)
- Follow the news to know when ADA is preparing for a hard fork or releasing new features
👉 Thanks to that, the profits are better and my mentality is much more stable.
#ADA
At first, I only held ADA without a clear target, so my mentality was very shaky. After that, I learned more about technical analysis and understood the Cardano project, and I began to formulate a strategy:
- Long-term spot (DCA every month)
- Short-term futures (low leverage 2-3x)
- Follow the news to know when ADA is preparing for a hard fork or releasing new features
👉 Thanks to that, the profits are better and my mentality is much more stable.
#ADA
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#ArbitrageTradingStrategy
ADA is present on many major exchanges like Binance, Kraken, Kucoin... So sometimes I take advantage of the small price differences between exchanges to do arbitrage. Although it doesn't earn much per order (only a few cents), if done automatically with a bot, it can accumulate over time.
Previously, ADA had a price difference of $0.02 between Binance and Huobi – entering the order at the right moment could yield a small profit.
👉 Arbitrage requires speed and stable capital, suitable if you are skilled in technical aspects.
#ADA
ADA is present on many major exchanges like Binance, Kraken, Kucoin... So sometimes I take advantage of the small price differences between exchanges to do arbitrage. Although it doesn't earn much per order (only a few cents), if done automatically with a bot, it can accumulate over time.
Previously, ADA had a price difference of $0.02 between Binance and Huobi – entering the order at the right moment could yield a small profit.
👉 Arbitrage requires speed and stable capital, suitable if you are skilled in technical aspects.
#ADA
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#TrendTradingStrategy
ADA has very clear trend phases, especially during altcoin season. When ADA is above both MA50 and MA200 and they are both trending up, I will enter trades according to the trend. The early part of 2021 is a typical example, as ADA rose from $0.2 to $2.9 in just a few months.
I usually divide my capital into several parts, buying gradually according to the uptrend and holding the position until there are strong reversal signals.
👉 Trading according to the trend is a safer method than trying to guess the bottom and top.
#ADA
ADA has very clear trend phases, especially during altcoin season. When ADA is above both MA50 and MA200 and they are both trending up, I will enter trades according to the trend. The early part of 2021 is a typical example, as ADA rose from $0.2 to $2.9 in just a few months.
I usually divide my capital into several parts, buying gradually according to the uptrend and holding the position until there are strong reversal signals.
👉 Trading according to the trend is a safer method than trying to guess the bottom and top.
#ADA
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#BreakoutTradingStrategy
With ADA, breakouts usually occur when it has been accumulating for too long in a narrow range. I often observe ADA breaking out of strong resistance levels on H4 or D1 timeframes. When a breakout occurs with high volume, I will enter in the direction of the breakout and set a stop loss below the breakout area.
The most recent example is ADA breaking out of the $0.45 area, rising straight to $0.6 in just a few days.
👉 Need to be patient and wait for clear signals.
#ADA
With ADA, breakouts usually occur when it has been accumulating for too long in a narrow range. I often observe ADA breaking out of strong resistance levels on H4 or D1 timeframes. When a breakout occurs with high volume, I will enter in the direction of the breakout and set a stop loss below the breakout area.
The most recent example is ADA breaking out of the $0.45 area, rising straight to $0.6 in just a few days.
👉 Need to be patient and wait for clear signals.
#ADA
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#DayTradingStrategy
I once tried day trading with ADA because it has average volatility and stable liquidity. Every day I check the ADA chart in the 15m & 1h timeframe, using RSI combined with Bollinger Bands to enter trades. The typical profit target is around 1.5-2%, stop loss about 1%.
However, day trading requires high discipline and a clear strategy; otherwise, it's easy to fall into FOMO.
👉 ADA is suitable for both trading and holding, depending on your goals.
#ADA
I once tried day trading with ADA because it has average volatility and stable liquidity. Every day I check the ADA chart in the 15m & 1h timeframe, using RSI combined with Bollinger Bands to enter trades. The typical profit target is around 1.5-2%, stop loss about 1%.
However, day trading requires high discipline and a clear strategy; otherwise, it's easy to fall into FOMO.
👉 ADA is suitable for both trading and holding, depending on your goals.
#ADA
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#HODLTradingStrategy
The HODL strategy with ADA is extremely valuable if you believe in the future of blockchain. I started buying ADA when the price was $0.3 and still hold it to this day. The Cardano project develops slowly but surely, with a well-organized research team and a clear roadmap. Every time the market corrects sharply is an opportunity to buy more ADA.
👉 HODL requires patience, but with ADA, I find it worth it.
#ADA
The HODL strategy with ADA is extremely valuable if you believe in the future of blockchain. I started buying ADA when the price was $0.3 and still hold it to this day. The Cardano project develops slowly but surely, with a well-organized research team and a clear roadmap. Every time the market corrects sharply is an opportunity to buy more ADA.
👉 HODL requires patience, but with ADA, I find it worth it.
#ADA
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#HODLTradingStrategy
The HODL strategy with ADA is extremely valuable if you believe in the future of blockchain. I started buying ADA when the price was $0.3 and have held it until now. The Cardano project develops slowly but surely, with a well-structured research team and a clear roadmap. Each time the market corrects sharply is an opportunity to buy more ADA.
👉 HODL requires patience, but with ADA, I find it worth it.
#ADA
The HODL strategy with ADA is extremely valuable if you believe in the future of blockchain. I started buying ADA when the price was $0.3 and have held it until now. The Cardano project develops slowly but surely, with a well-structured research team and a clear roadmap. Each time the market corrects sharply is an opportunity to buy more ADA.
👉 HODL requires patience, but with ADA, I find it worth it.
#ADA
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#SpotVSFuturesStrategy
I choose spot over futures with ADA. Because ADA is a coin with long-term potential and a top market capitalization, I find holding to be safer than using leverage. I previously used ADA futures with 5x leverage, but even slight fluctuations could lead to liquidation, which was very stressful psychologically. With spot, I can just look for good price areas to accumulate, without worrying too much about short-term fluctuations.
👉 For coins like ADA, spot is a better option if the investment goal is from a few months to 1 year.
#ADA
I choose spot over futures with ADA. Because ADA is a coin with long-term potential and a top market capitalization, I find holding to be safer than using leverage. I previously used ADA futures with 5x leverage, but even slight fluctuations could lead to liquidation, which was very stressful psychologically. With spot, I can just look for good price areas to accumulate, without worrying too much about short-term fluctuations.
👉 For coins like ADA, spot is a better option if the investment goal is from a few months to 1 year.
#ADA
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because, if you want to play, just divide 30% for DCA for fun
#BinanceTurns8 $ Talking about XRP, I bought it when the price was 0.5, just starting out in the market, and then it went up to about 0.7, so I sold it. Initially, I set a goal to sell when it reached 1 dollar. During the waiting period, I lost patience, just like CZ said in a recent speech, "If you want to get rich quickly, stay away from crypto." So the lesson is to be patient at all costs.
Best regards! This is a personal opinion and not intended as an investment call 😊
Best regards! This is a personal opinion and not intended as an investment call 😊
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