Jmcriptos

On this Wednesday, April 23, 2025, Bitcoin is trading at a price around US$$ 92.000 to US$$ 93.000, which translates to approximately R$$ 513.000 to R$$ 515.000 in Brazil. The cryptocurrency has shown a recent appreciation, breaking a technical downtrend in the last few days.
The market presents slightly divergent views for the very short term. Some point to a possible slight correction, indicating support levels around US$$ 81.000 and even US$$ 78.500. This outlook is based on technical analyses observing the price near lower limits of indicators like the Bollinger Bands.
On the other hand, there are those who believe in the continuation of the upward movement, driven by renewed institutional interest and macroeconomic factors such as the weakening of the dollar.

First of all, I thank God and ask for wisdom to deal with so much money... as it is a leverage for both doing good and doing evil

Waiting 70k
#Biticoin

What is the best cryptocurrency to invest in?

There is no single answer to this question, as the "best" cryptocurrency to invest in depends on various factors, including your financial goals, risk tolerance, and investment horizon. However, I can provide some information about popular cryptocurrencies and their attributes, so you can make an informed decision.

Factors to consider before investing:

Financial goals: What is your goal when investing in cryptocurrencies? Short-term or long-term profit?

Risk tolerance: Cryptocurrencies are high-risk investments. Are you willing to lose part or all of your investment?

Investment horizon: How long do you plan to hold your investments in cryptocurrencies?

Recommendations:

Diversify your investments: Do not put all your money into a single cryptocurrency.

Do your own research: Before investing in any cryptocurrency, research the project, the team, and the growth potential.

Look for reliable information sources: seek information from reliable news sources and expert channels on the subject.

Warning: The cryptocurrency market is highly volatile and unpredictable. Investing in cryptocurrencies involves significant risks.

#DicasDeTrading

Investing in cryptocurrencies can be an exciting journey, but it can also be risky. To help you navigate this path more safely, I have prepared some important tips:

1. Educate yourself:

Understand the technology: Take the time to learn about blockchain, what it is and how it works. The more you understand, the better your decisions will be.

Research each cryptocurrency: Don't invest in something you don't know. Study the project, the team behind it, the purpose and potential of each currency.

Follow the news: The cryptocurrency market is very dynamic. Stay informed about the latest news, trends and regulations.

2. Manage your risks:

Diversify your investments: Don't put all your eggs in one basket. Invest in different cryptocurrencies and other assets to reduce your risks.

Set a loss limit: Determine how much you are willing to lose and don't exceed that limit.

Invest only what you can afford to lose: Cryptocurrencies are high-risk investments. Never invest money that you will need for essential expenses.

Remember: investing in cryptocurrencies involves significant risks. Do your research, be cautious and invest responsibly

#DicasDeTrading

The Relative Strength Index (RSI), also known as the Relative Strength Index (RSI), is a widely used technical analysis indicator to measure the speed and variability of an asset's price movements. It was developed by J. Welles Wilder Jr. and is one of the most popular indicators among traders and investors.
Purpose of the RSI:
The main purpose of the RSI is to identify overbought and oversold conditions in a market. It oscillates between 0 and 100, and the readings are interpreted as follows:
* Above 70: Indicates that the asset is overbought, suggesting that the price may be about to fall.
* Below 30: Indicates that the asset is oversold, suggesting that the price may be about to rise.
How the RSI works:
The RSI is calculated based on the average gains and losses of an asset over a given period, usually 14 periods. The RSI formula is as follows:

RSI = 100 - [100 / (1 + FR)]
Where FR is Relative Strength = Average Gains / Average Losses

Interpretations and Uses of RSI:
In addition to identifying overbought and oversold conditions, the RSI can also be used to:

Identify Divergences:
Divergences occur when the price of an asset moves in one direction, but the RSI moves in the opposite direction. This may indicate a possible trend reversal.

Confirm Trends:
The RSI can be used to confirm the strength of a trend. An uptrend is considered strong when the RSI remains above 50, and a downtrend is considered strong when the RSI remains below 50.

Identify Swing Failures:
Swing failures occur when the RSI fails to reach the 70 and 30 extremities, indicating possible trend reversals.