To be a consistent winner in crypto trading, start by mastering risk managementânever invest more than you can afford to lose and use stop-loss orders to limit downside.
Study the market daily, tracking patterns, news and tools like the Fear & Greed Index to spot opportunities. Develop a clear strategy, whether itâs day trading, swing trading, or holding long-term, and stick to it without chasing hype. Emotional discipline is keyâavoid panic-selling during dips or overbuying in greed-driven pumps.
Keep learning from every trade, reviewing wins and losses to refine your approach over time. Finally, diversify your portfolio to spread risk.
Today, March 6, 2025, The "fear" zone (below 50), possibly around 20-30. Bitcoinâs hovering around $90,000 after some volatility, and tomorrowâs White House Crypto Summit (March 7) could shake things up.
If Trumpâs team announces a big Bitcoin reserve plan, prices might jumpâmaybe toward $100,000 or more. On the flip side, the Mt. Gox transfers today (over 23,000 BTC moved) could spook traders if they think a sell-offâs coming, pushing prices down to test support around $85,000 or lower.
On March 6, 2025, Mt. Gox, the bankrupt cryptocurrency exchange, transferred over 12,000 BTC (valued at approximately $1.09 billion) to a new wallet address, including 11,833.6 BTC from its cold wallet. This could be part of preparations for creditor repayments, with an additional 166.5 BTC sent to BitGo as a possible test transfer, though no official statement has confirmed the intent. Despite the significant movement, the market response has been muted, with Bitcoin prices hovering near $90,000, reflecting a shift from past fears of massive sell-offs. The transfers follow a pattern of activity tied to Mt. Goxâs ongoing liquidation process, with the repayment deadline previously extended to October 31, 2025, leaving uncertainty about whether these funds will be distributed soon or held longer.