How do you know the right coin to buy. We have good token for Cryptoinvesting Crypto day trading strategy for discovering 100x coins There are steps to finding 100x coin This video is an educational and training purposes only #altcoins #cryptotrading #forex #daytrading #tradingstrategy #askanda
Finding a 100x coin is difficult, but having a daily research process can improve your chances. Here are the steps I use before adding any coin to my watchlist:
✅ 1. Check CoinMarketCap Trending & New Listings Look for newly listed projects with low market caps and growing trading volume.
✅ 2. Use DEX Screener Find coins with increasing volume, strong liquidity, and consistent buying pressure. Avoid tokens with very low liquidity.
✅ 3. Study Holder Distribution Avoid coins where a few wallets own most of the supply. A healthy holder distribution reduces the risk of price manipulation.
✅ 4. Read the Tokenomics Review the total supply, circulating supply, vesting schedule, and insider allocations. Strong tokenomics are essential for long-term growth.
✅ 5. Follow the Narrative Pay attention to sectors attracting attention, such as AI, Layer-2, Real World Assets (RWAs), DeFi, or GameFi. Strong narratives often attract new investors.
✅ 6. Verify the Community Check X, Telegram, Discord, and GitHub. Active developers and an engaged community are positive signs.
✅ 7. Manage Your Risk Never assume any coin will deliver 100x returns. Invest only what you can afford to lose, diversify your portfolio, and always use proper risk management. Most small-cap coins fail, so discipline matters more than hype.
💡 Askanda Tip: Consistency and patience will help you discover quality projects before they become popular.
I’m in the heart of Dubai at the iconic Burj Khalifa, enjoying a coffee while breaking down how day trading signals really work in the crypto market. If you’ve ever wondered how traders identify good entry points, this video simplifies the process in a practical and easy-to-understand way.
🏧How to Use a Crypto Funded Trader Prop Firm for Crypto Day Trading
A crypto-funded trader prop firm gives you the opportunity to trade with a larger account without depositing a lot of your own money.
If you can prove that you are a disciplined trader, the firm provides the trading capital, and you share the profits.
✅Step 1: Choose a Trusted Crypto Prop Firm Research a reputable prop firm with fair trading rules, reliable payouts, and positive reviews from traders.
✅Step 2: Pass the Trading Challenge Most prop firms require you to complete an evaluation. Follow the profit target while respecting the daily loss and maximum drawdown limits.
✅Step 3: Use Good Risk Management Risk only 1–2% of your account per trade. Always set a stop loss and aim for at least a 1:2 risk-to-reward ratio.
✅Step 4: Trade High-Quality Setups Trade only when your strategy gives a clear signal. Avoid FOMO, revenge trading, and overtrading.
✅Step 5: Get Funded Once you successfully complete the challenge, the prop firm funds your trading account, allowing you to trade with more capital.
✅Step 6: Earn Profit Splits Continue following the firm's rules. As you make profits, you'll receive your agreed percentage of the earnings while the prop firm receives the rest.
Key Tip: A funded account rewards consistency, not gambling. Protect your capital first, follow your trading plan, and let your profits grow over time.
One of the most overlooked metrics in crypto investing is Coin Holders Distribution. This refers to how a cryptocurrency's supply is spread among its holders.
A healthy project usually has thousands of wallets holding small to medium amounts of the token instead of a few wallets controlling most of the supply. When ownership is decentralized, the project is generally more stable because no single investor has enough tokens to significantly manipulate the market.
Before investing, always check the holders distribution using blockchain explorers or token analytics platforms to understand who controls the supply.
Poor holders distribution is a major red flag. If the top 10 or 20 wallets own a large percentage of the circulating supply, these "whales" can create massive selling pressure by dumping their tokens, causing sharp price declines and panic selling among retail investors.
On the other hand, projects with a broad distribution tend to experience healthier price growth because buying and selling activity is spread across many participants. This creates stronger market confidence and reduces the risk of sudden crashes caused by a few large holders.
As a crypto investor or day trader, never rely solely on hype or social media trends. Combine holders distribution with other fundamental metrics such as market capitalization, trading volume, liquidity, token unlock schedules, developer activity, and real-world utility.
Projects with increasing numbers of holders, strong community growth, and balanced token distribution are generally better positioned for long-term adoption and sustainable price appreciation.
Smart investors always research the tokenomics before risking their capital—because understanding who owns the coins is just as important as understanding what the project does. #askanda #Binance #CryptoTrading.
Is Bitcoin controlling the entire crypto market? In this video, I explain how Bitcoin's price movements affect altcoins and what every crypto trader should know before buying or selling altcoins in the current market.
📈 In this video you'll learn: Why Bitcoin influences almost every altcoin What happens when Bitcoin pumps or dumps Understanding Bitcoin Dominance (BTC.D) When altcoins usually outperform Bitcoin
Whether you're trading Bitcoin, Ethereum, Solana, XRP, BNB, or other altcoins.
Many beginner traders lose money simply because they don't understand the difference between Limit Orders and Market Orders. Choosing the right order type can improve your entries, reduce slippage, and help you trade more professionally.
📈 What Is a Market Order? A market order buys or sells your cryptocurrency immediately at the best available market price.
Use a market order when:
✅ You want to enter or exit a trade instantly. ✅ Speed is more important than the exact price. ✅ The market is moving quickly.
Example: Bitcoin is trading at $110,000. You place a market buy order, and Binance fills it instantly at the best available price, which may be slightly higher or lower depending on market liquidity.
Pros: Instant execution, easy for beginners Great during strong market momentum
Cons: You don't control the exact entry price. Large orders may experience slippage.
🎯 What Is a Limit Order?
A limit order allows you to choose the exact price at which you want to buy or sell. Your order will only execute if the market reaches your selected price.
Use a limit order when:
✅ You already know your ideal entry or exit price. ✅ You want better risk management. ✅ You're following technical analysis using support and resistance levels.
Example: Bitcoin is trading at $110,000, but you expect a pullback to $108,500. Instead of buying immediately, you place a limit buy order at $108,500. Your order will only execute if Bitcoin drops to that price. Pros: Full control over your entry and exit price No unexpected execution price, and excellent for disciplined traders
Which One Do I Use? As a crypto day trader, I use: ✅ Market Orders when momentum is strong and I need fast execution. ✅ Limit Orders when I'm trading support, resistance, Fibonacci retracements, or moving average pullbacks. There isn't a "better" order type—it depends on your trading strategy. The best traders know when to use each one.
One of the biggest mistakes new traders make is entering trades without a clear exit plan. Every trade should have a predefined Take Profit (TP) and stop loss (SL) before you click the buy or sell button.
Here is my simple process using TradingView:
✅ Step 1: Identify Your Entry Point Use your trading strategy to find an entry. For example, I use the 50 EMA and 100 EMA crossover strategy on Bitcoin.
✅ Step 2: Set Your Stop Loss Place your stop loss below the recent swing low for long positions or above the recent swing high for short positions. Example: Long Trade: Stop loss below the latest support level. Short Trade: Stop loss above the latest resistance level.
✅ Step 3: Calculate Your Risk-to-Reward Ratio I recommend a minimum risk-to-reward ratio of 1:2 or 1:3.