I lost all my capital without any profits Every time I enter a trade, it goes against the direction I was surprised and entered against my plan, which means if I wanted to buy, I would sell but without any benefit, so I decided to withdraw from trading.
Mr_Yin
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I discovered that futures contracts are one of the worst things you can get into if you are not well educated in them and if you are greedy. The main point is that I lost about $300 and made $0, mostly because I am a beginner or because the capital I invested was small. So I found a better investment, which is buying coins before listing and selling them after listing $Jager like.
$BTC Bitcoin (BTC) has been experiencing sharp fluctuations recently, attributed to several factors, most notably U.S. interest rate decisions, movements by large investors (whales), and the entry of significant financial institutions into the trading arena.
Today, BTC broke a strong resistance level at $70,000, which may open the door for a new upward wave if the daily close is confirmed above this level. However, caution is necessary, especially with trading volumes being weak compared to previous peaks.
💡 Tip: Monitor the RSI indicator and volume movement to determine if the movement is backed by real momentum.
Do you expect a strong rise soon? Or a corrective drop before the surge?
#USChinaTradeTalks Trade relations between #America and #China are experiencing increasing tension, which directly affects the movement of the USD/CNY currency pair. Any new announcement from either side could significantly move the market, either positively or negatively. For example, today, any hint of new tariffs from America could lead to a rise in the dollar against the yuan due to concerns about a slowdown in the Chinese economy.
📊 As a trader, it is important to follow news of negotiations and official statements, as they often precede major market moves.
📌 Do you expect things to escalate further? Or is there a chance for a near-term calm? Share your opinion with us!
$BTC 💡 One of the most common mistakes in trading BTC/USDT is entering randomly without confirming the true direction. Many traders see a strong green candle and assume that the price will continue to rise, but they are surprised by a quick reversal! The secret is not in the color of the candle, but in the context: Is there strong trading volume? Has a real resistance been broken? Do the indicators (like RSI and MACD) support the entry? Last week, Bitcoin suddenly rose, but those who waited for a retest made a better trade with less risk. Haste is your number one enemy. Plan, observe, then execute. #BTCAnalysis
South Korea is witnessing significant changes in its policy towards cryptocurrencies, which directly affects the market, especially popular coins there like XRP/USDT. Recently, Korean authorities announced stricter laws to monitor trading and combat money laundering, which means platforms must be registered and demonstrate complete transparency. Despite these regulatory steps, some believe they may enhance trust in the long term and attract institutional investors. If you are trading in coins like XRP, keep a close eye on these laws, as they may impact liquidity and price volatility. The regulatory environment is a crucial part of market analysis. 56875008833
Have you ever looked at the chart and felt confused? Many beginners do not know how to distinguish between a correction and a reversal, and this is a common mistake that leads to wrong trading decisions. In the ETH/USDT chart, we recently noticed a slight decline after a strong rise. Some thought it was the beginning of a reversal, but the reality is that it was just a healthy correction within a clear upward trend. How do you differentiate? Watch the larger timeframe, and if the price continues to maintain higher highs and higher lows, it is likely a correction. A deep understanding of charts is the first step towards successful trading. #cryptocharts101
#TradingMistakes101 📉 Many beginners make a fatal mistake while trading, which is entering a trade without a clear exit plan! They think the market will always move in their favor, but the surprise happens when the price suddenly reverses direction and they start facing unexpected losses. One of the examples that occurred recently with the BTC/USDT pair is a false breakout of a strong resistance level, which caused many to enter a buy trade without confirmation or waiting for a retest. Always remember that patience and discipline are the weapons of a successful trader. Do not follow emotions, but stick to your plan. #tradingmistakes101
$USDC 💵 The USDC currency is one of the most popular stablecoins in the crypto market, and its goal is to maintain a stable value equal to 1 US dollar. What distinguishes USDC from others is that it is fully backed by real assets (cash reserves and short-term bonds), and it is issued by Circle in collaboration with Coinbase. USDC is used in transfers, decentralized finance (DeFi), trading, and even in some global payment systems. With market volatility, many traders turn to USDC as a temporary safe haven to protect their profits. But despite its stability, always remember to review transparency and regulatory safeguards. Price stability does not mean no risks!
📊 Use it wisely, and don't rely solely on stability! #stablecoin #USDCUSDT
#BigTechStablecoin 🌐 Did you know that some tech giants are seeking to invade the world of cryptocurrencies through stablecoins? Companies like Meta and Google have shown interest in developing blockchain-based financial solutions to provide faster and safer payment systems. The Diem currency (formerly Facebook's Libra) was one of the attempts to introduce a stablecoin backed by major companies. The goal? To create a new financial system that can be integrated with everyday applications like WhatsApp or Messenger! But there are major challenges, the most notable being government regulations and privacy. Nevertheless, the race is still on, and we may soon see stablecoins fully backed by "Big Tech" companies.
📉 Monitor market movements, especially when major partnerships emerge! #big_techstablecoin101 #USDTBTC
#CryptoFees101 💸 Have you ever wondered why your profits are lacking despite the success of your trade? The reason may be trading fees! In the world of cryptocurrencies, there are multiple types of fees: – Trading Fees: This is what you pay when opening or closing a trade. – Withdrawal Fees: Deducted when transferring currencies from the platform to the wallet. – Network Fees: Paid by the user to complete transactions on the blockchain. Some platforms differentiate between the market maker and the taker in determining fees. Each platform like Binance or OKX has a different fee schedule based on trading volume. Learn to calculate the fees in advance, especially in scalping, to maximize your trade benefits.
🔍 Know the details before every trade! #crypto_fees101 #ETHUSDT
#CryptoSecurity101 🚨 Protecting your digital assets is your responsibility! Did you know that more than 20% of new users in the crypto market fall victim to phishing or hacking attempts? 🛡️ Never share your private key with anyone, and do not store it on your phone or email. Always use a cold wallet for storing large amounts of cryptocurrency, and enable two-factor authentication (2FA) on your accounts. Make sure you're accessing the correct websites and avoid unknown links, even if they appear to come from trusted sources. And don't forget: security first, before profit!
🔐 Trade safely and stay smart! #crypto_security101 #BTCUSDT
In the world of cryptocurrencies, USDC is one of the most prominent stablecoins. While it is not the oldest, it has gained significant trust due to its transparency and direct link to the US dollar. If you are looking for a safe haven during market fluctuations or a way to preserve profits after a successful trade, USDC is an excellent choice. It is backed by a 1:1 cash reserve and its issuance can be tracked transparently, giving it credibility among traders and institutions. Whether you are trading short-term or building a long-term portfolio, understanding USDC can protect you from many risks.
The anticipated Circle IPO news has become a hot topic in the market, especially among traders of the USDC/USDT pair! Circle, the issuer of the stablecoin USDC, is planning to enter the stock market through an IPO, and this event could change the balance of power among stablecoins. Institutional investment will gain confidence if the IPO is successful, which could enhance USDC's position against its competitors like USDT. Monitoring the USDC/USDT movement during this period is very important, as any development in IPO news will immediately reflect on the price and balance between the two currencies. Stay alert, because the market waits for no one!
Have you ever wondered why to choose the ADA/USDT pair instead of ADA/BTC? 🤔 Choosing the right trading pair has a direct impact on your strategy and profit margin. The ADA/USDT pair means you are measuring the value of ADA against the digital dollar, which is useful if you want to achieve stable profits in a clear unit (USDT). On the other hand, if you are trading with ADA/BTC, you are comparing ADA against Bitcoin, which adds a layer of complexity as you also need to track BTC movements. Beginners often prefer USDT pairs because they are more stable and easier to analyze and follow.
Choose the right pair according to your goal and strategy. Don't trade randomly!
Most new traders on the XRP/USDT pair focus on support and resistance, but they overlook a fundamental element: liquidity! Liquidity means the amount of money available to buy or sell in a specific area. When liquidity is weak, any large trade can cause sharp fluctuations. Liquidity often exists in clear areas: at the tops or bottoms, because that's where stop-loss orders are placed frequently. Smart institutions know this and gather liquidity before the real movement. Watch the liquidity areas, and don't enter randomly, because the market sometimes visits these areas just to hunt for shallow traders!