Steph47

#ScalpingStrategy
Scalping is a high-volume, short-term trading strategy that aims to profit from small price changes by executing many trades, often holding positions for only seconds or minutes.

#ScalpingStrategy
scalping strategy in trading

$BTC
bitcoin is struggling not to go below 100k. I personally really hope that it stays above 100k so as not to dip too much in anticipation for the next bull market run which will definitely not be far off before the end of the year

I personally do not engage much in trading . I usually just HODL my BNB, stake it and enjoy the benefits of holding and staking BNB like Holder, Launchpool and Megadrop rewards

Explore my portfolio mix. As I always say, holding as much BNB as possible is key. Follow to see how I invest!

$BTC
bitcoin is struggling to maintain a good price despite the little overall market down trend.
I personally hope it doesn't go below 100k because if it resists going below 100k, then during the next bull run it will soar to extraordinary heights .

#SwingTradingStrategy
Swing trading is a strategy that aims to profit from short- to medium-term price movements ("swings") in financial markets, typically holding positions for a few days to several weeks. Traders use technical analysis to identify entry and exit points, often focusing on trends, support and resistance levels, and indicators like moving averages, RSI, and MACD. It differs from day trading by holding positions overnight and from long-term investing by its shorter time horizon.

#XSuperApp
X, is being transformed by Elon Musk into a "super app" or "everything app." This means it aims to integrate various services beyond social media, including financial services like investments, trading, peer-to-peer payments, and potentially even credit/debit card functionalities, replicating models like China's WeChat. X Money, a digital wallet developed in partnership with Visa, is central to this financial expansion. Additionally, X plans to incorporate AI tools like Grok for personalized advice and fraud detection, and continue its existing functionalities such as posting content, messaging, live audio/video, and communities.

#FOMCMeeting
The next FOMC meeting is currently underway, from June 17-18, 2025, with the policy decision and statement expected on June 18th at 2 PM ET.
we're all impatiently waiting for the final statement

#MetaplanetBTCPurchase
when a big firm like metaplanet decides to borrow money to buy Bitcoin , I personally see it as a bargain . they hope the price will soar enough for them to recover their money. However , the price could drop and further increase their deficit

#VietnamCryptoPolicy
with the official adoption of cryptocurrency by Vietnam , it increases the number of countries adopting crypto thereby increasing the global adoption .
very soon crypto will become a legal tender in almost all countries across the world

$BTC
bitcoin is currently trading at 106k , it has consistently remained above 100k for more than 2 months now and hope even with the next bearish market , it will remain above 100k

$ADA
If cardano successfully enters the Dapp market and develops credible Dapps, then it will increase it's use cases and definitely increase it's price . It could also develop meme coins

#CardanoDebate
The Cardano debate revolves around a tension between its ambitious, methodical, and academically-driven approach to blockchain development and the market's demand for faster progress, immediate utility, and widespread adoption. While critics point to its perceived slowness and lack of dominant dApps, proponents remain confident in its long-term vision and the eventual realization of its technological promises. Now that the founder has decided to invest in the development of dAPPS, this could change the game.
so let's wait and see

#TradingTypes101
Trading refers to the active buying and selling of financial instruments with the goal of profiting from short-term price fluctuations. It differs from investing, which typically involves a longer-term approach focused on wealth building and holding assets for extended periods.

#Liquidity101
In the world of cryptocurrency, liquidity refers to the ease with which a digital asset (like a coin or token) can be converted into another asset (like fiat currency or another cryptocurrency) without significantly impacting its price. It is an important parameter in determining crypto prices

#TradingPairs101
"Trading pairs" refer to two different assets that can be exchanged for one another on a trading platform. The value of one asset is quoted in terms of the other. This concept is fundamental in various financial markets.

Popular examples of cryptocurrency Trading Pairs include:
* BTC/USDT
* ETH/USDT
* BTC/ETH
* ETH/BTC
* BTC/USD
* ETH/USD

Other categories of trading pairs are found in :
*Forex (Foreign Exchange) *Stock Trading Pairs

#CryptoSecurity101
Cryptocurrency security is paramount due to the irreversible nature of transactions and the high value of digital assets. Best Practices for Crypto Security include
* Strong Passwords and 2FA:
* Secure Your Private Keys and Seed Phrases
* Use Cold Wallets (Hardware Wallets)
* Diversify Your Wallets
* Keep your computer, smartphone, and cryptocurrency wallet software updated.
* Avoid using public or unencrypted Wi-Fi networks for crypto transactions, as they can expose your information.
* Verify wallet addresses before sending transactions. A single wrong character can lead to irreversible loss.
* Only download crypto apps from official app stores and thoroughly research any Initial Coin Offerings (ICOs) before investing
* Never share your private key or seed phrase with anyone
* Before engaging with any cryptocurrency, exchange, or project, conduct thorough research.
* Only use reputable exchanges with strong security practices like BINANCE.

#CryptoFees101
Average transaction fees vary widely depending on the blockchain and current network conditions. As of recent data (June 2025):
* Bitcoin (BTC): Average transaction fees have been around $1.00 - $1.40 USD per transaction.
* Ethereum (ETH): Average transaction fees have been around $0.50 - $0.54 USD per transaction, though these can spike significantly during high congestion.
* Other blockchains can have much lower fees, sometimes fractions of a cent (e.g., Solana, Polygon, BNB Chain, etc.).

#TradingMistakes101
Trading, whether it's stocks, forex, or other financial instruments, is a complex endeavor where mistakes can lead to significant losses.
Here's a breakdown of common trading mistakes and how to avoid them:
I. Lack of a Solid Trading Plan
* Mistake: Trading without a well-defined plan. This is like going on a journey without a map or destination.
* How to avoid:
* Develop a comprehensive trading plan: This blueprint should outline your strategy, time commitments, capital allocation, risk tolerance, and profit goals.

II. Emotional Trading & Psychological Biases
* Mistake: Letting emotions like fear, greed, overconfidence, or impatience dictate your trading decisions
* How to avoid:
* Emotional control: Trading is 90% psychology. Stick to your plan and avoid impulsive decisions driven by excitement after a win or despair after a loss.

III. Inadequate Risk Management
* Mistake: Ignoring proper risk management, which is the foundation of long-term success.
* How to avoid:
* Use stop-loss orders: This is a crucial risk management tool that automatically closes a position when the price reaches a predetermined level, limiting potential losses. Trading without a stop-loss is like driving without brakes.

IV. Other Common Mistakes
* Not researching markets properly
* Letting profitable trades turn into losses
* Over-reliance on software
* Unrealistic expectations
* Chasing trends
* Not keeping a trading journal

These mistakes are not exhaustive, add more in the comments section