How do traders succeed? Practical tips from Dr. Van Tharp's experience and market trials
Trading is not just numbers and charts; it’s a journey full of decisions, emotions, and discipline. Success in the market requires a clear plan, strict risk management, and continuous development. Here is a collection of tips gathered from Dr. Van Tharp along with practical additions to help you build a successful and sustainable trading style:
From Zero to Crypto: Your Simplified Guide to Understanding Digital Currencies and Blockchain
Have you heard a lot about Bitcoin and blockchain, and do you feel like you're facing a complex puzzle? Don't worry, you are not alone! In this article, we will break down this world step by step and explain to you simply how these technologies are changing the future of money.
💰 First: Digital currencies (crypto) - what are they? Imagine you're sending money to your friend, but instead of using a bank as an intermediary, you're sending it directly over the internet, without a middleman and with complete security. This is the essence of digital currencies.
Three Fatal Mistakes That Destroy a Beginner's Crypto Portfolio
Hello everyone at the first station of Easy Crypto IBRHEM!
The name is "Ibrahim learns and simplifies", and my goal here is to share the results of our research and embark together into the world of cryptocurrencies step by step. Let's start with the most important lesson: how to protect your capital and avoid the common mistakes I personally made. Here are the three mistakes that caused losses for most beginners.. and I was one of them.
Analyze on the monthly frame, your entry is on the daily frame Analyze on the weekly frame, your entry is on the 4-hour frame Analyze on the daily frame, your entry is on the hourly frame Analyze on the 4-hour frame, your entry is on the 15-minute frame Analyze on the hourly frame, your entry is on the 5-minute frame Analyze on the 15-minute frame, your entry is on the minute frame$WLD {spot}(WLDUSDT)
This chart shows the relationship between the price of Bitcoin and 👇
- Long-term holders (LTH Supply) are investors who buy Bitcoin and hold it for a long time (usually more than 155 days) without selling it.
- The blue line shows the amount of Bitcoin held by long-term holders (approximately from 14 million to 16 million) and the yellow line shows the price of Bitcoin.
The current time shows accumulation and long positions as you can see on the chart ... May God grant us success 👋 $BTC
Unprecedented Collapse in the Cryptocurrency Market
What annoys me the most during this period is the emergence of dozens of howlers from everywhere and every channel, attacking cryptocurrencies under the banner of (unprecedented collapse in the cryptocurrency market) and using their decline as an excuse to justify their position that it is just an illusion, regardless of their various levels. The best among them did not even bother to look into it, to understand why it came about and how it is structured. Their only argument is that people are losing their money in it. Well, they are losing. Try giving anyone in the world a hundred thousand dollars and tell them to invest and trade it in their local potato market; do you think they will profit from this trade or will they lose? Of course, they will incur a loss that can be justified, but why? Simply because they know nothing about the potato market and have no experience trading it. The same applies to cryptocurrencies, and indeed to any field. It is said that 90 percent of investors in this market lose their money. Do you know that in any field in the world, 90 percent of people fail in it or achieve only modest and humble successes, while 10 percent are the ones who succeed? This is true in every field, and the difference is knowledge and awareness of what you are getting into. So, what about investing? If you do not realize one day that risk is part of investment and any investment, then you are just a fool here. Moreover, what about investing in the most dangerous financial markets? We take on the risk because we understand and accept the loss from the day we decided to enter. So do not act like you know more than I do and speak on my behalf. I wish your words were based on knowledge, but they are just based on ignorance. As for those who entered the market with the idea of quick profit, they will learn a good lesson during this period that this market is not a children's story, as we have warned and alerted many times. As for the seasoned investors who understand this market and field well, they only realize that this industry and this field will silence the howlers as it has always done...
🚨 Important warning from the founder of Binance to crypto investors! 🚨
CZ warns: "Chasing quick profits wastes money and loses real opportunities!"
🔹 What's the best approach for smart investing? ✅ Focus on projects with long-term values and goals. ✅ Sustainable wealth is built with patience, not random speculation. ✅ Real gains come from strategy, not from momentary fluctuations!
🔍 Are you following this advice or still chasing quick profits?
You said whales... so what do they feed on other than sardines... I mean the sardines in the market
CRYPTO_VALLEY
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Bullish
See how the whales manipulate the market In just a few seconds, they pumped 3 million dollars into it and it shot up like a rocket. In less than a minute, they collected the profits and exited again, leaving the currency to drop once more. The manipulations by the whales continue, especially with meme coins. For this reason, always trade with Bitcoin, Ethereum, and Solana, the strong coins. It is very difficult for whales to manipulate strong coins; there are many strong coins.
Opportunities Are Born from Dips: The Strategy of Averaging Down and Patience in the Cryptocurrency Market
In the trading world, a downturn does not always represent a loss; it can be an opportunity to strengthen positions and improve average prices. Holding onto currencies without selling them during downturns gives traders flexibility during upward movements as prices get closer to the breakeven point. The strategy of averaging down at every dip reduces the impact of volatility and makes investment decisions more sustainable. Steering clear of random speculations and exercising patience while focusing on building strong positions is the optimal way to capitalize on opportunities in the cryptocurrency market.
Thank you for the valuable information. Welcome to Telegram and Binance.
Ehab Hosni -Halal- ايهاب الحسني
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Bullish
✨ Learn with us the term "Whale" in the world of crypto ✅
🔵 What does Whale mean? A term given to individuals or institutions that own huge amounts of digital currencies, which enables them to influence the market.
🔵 What does the term Whale mean? It indicates great power in controlling price trends by selling or buying in huge quantities.
🔵 Examples of using the term: An investor who owns thousands of Bitcoin and can change prices with his movements.
🔵 The difference between Whale and Retail Investor:
Whale:
Owns huge quantities and affects the market.
Regular investor (retail traders):
Regular investor with small quantities.
🔔 Tip: Watch the movements of Whales to understand the market trend!
Article 8: How to Withdraw Your Profits from Binance Safely and Effectively - A Simple Step-by-Step Explanation for Beginners
Withdrawing profits from the Binance platform is an essential step for every investor in the world of cryptocurrencies. Whether you are a beginner or an expert, it is important to follow the right steps to ensure that your funds arrive safely and efficiently. In this article, we provide you with a simplified explanation of the three main ways to withdraw your profits from the Binance platform with easy and clear steps.
Please, can you analyze the currency and what do you expect?
TRART
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Bullish
$GALA The Gala (GALA) cryptocurrency has seen a significant surge in value in recent times. Last week, the price of GALA rose by 32.20%, with its current price at $0.04143. This surge is attributed to the increased interest in the Gala Games platform, which focuses on developing blockchain-based games, enhancing the opportunities for players to own digital assets. With the continued developments in the metaverse and digital gaming sector, the currency may see further growth in the future, but one must be careful of market volatility