What do you need to navigate the crypto world, my friend...?
- The priority we should understand is that it's more important to grasp the fundamentals of trading than just figuring out which crypto to buy.
- If you don't understand, you need to think it through until you do. Study up (including the fundamentals of the game).
- You gotta know yourself, accept your reality, and then fix what needs fixing.
- In crypto, there are two types: trading and investing. You should ask yourself which type you should prioritize.
I've been in this crypto game for over 4 years, but it hasn't been a full year on the right path yet. I've had to invest time and some valuable resources to get on the right track. I'll share some of the insights I've gained... #CryptoComeback $BTC $BNB
The crypto markets have been bullish lately... However, according to the weekly and monthly charts, we still haven't broken through any resistance levels... The patterns we’ve seen on the monthly and weekly charts show a bearish impact (IMP) that has significantly affected the price, and we are currently in a correction zone.
Looking back at the Weekly Chart, the momentum from the WS breakdown was massive... The current position indicates a Continuation Correction (CC) So, there's a high likelihood it'll continue to drop To invalidate this CC pattern, buyers will need to push hard to breach 92/93 USDT... According to the pattern, SOL could continue to drop towards the 20 USDT range... However, based on Coin Value Psychology, it could even drop down to 40 USDT... Risk takers can manage their money and take on some risk... I’m personally holding that risk too Since this is a Weekly Chart trade, it could play out over 1 to 2 months $SOL #SolanaUSTD #BEARISH📉 #MyanmarTrading
BNB is on a bullish run after breaking through resistance So, it might continue to climb for a few more days
If we look at the weekly chart, it’s clear that we had an impact and it dropped, but it has entered what’s known as the CC or Continuation Correction Zone, indicating a potential for further upward movement
I would like to share my little plan What to do if prices drop What to do if prices rise is a plan I already have.. Do you friends have one? Through the link below... BNBsportGrid Plan...
How to hunt for profits... Among the many ways to make money, I consider myself more of a businessman / entrepreneur. The outside world When buying an asset, the price is 10 bucks for 100 units. Those with deep pockets can scoop up large amounts at a slightly lower price. This way, they can stack profits and redistribute later. So, it’s all about buying low and selling high, a classic theory in trading.
#OrderTypes101 We always want some form of profit, so we have to do something... Wanting money, so we work. Those with little money have to work as employees/day laborers, while those with capital trade some goods. There are also large businesses providing services like Deli to facilitate more trading, among other things...
#TradingTypes101 About BNB... To rise, it will need to break through 685, and to fall, it will need to break through 635 and then retest as Resistance.
From my perspective... BNB is a useful Coin, so how can one benefit if the price drops... and if the price rises, how can one benefit... It's all about your own plan...
No one can say for sure when the price of a coin will go up or down 100% So when you buy a coin, you might lose, but you could also make a profit It's also important that the commodity you buy is useful for price fluctuations... like reselling a phone or a car As the price of phones goes up, if you sell the phone you have, could you even break even...? If the car price goes up, the car can yield more profit Even if the price drops, you can still use the phone, but can the car be creatively used to generate income? If the principles of buying and selling and the principles of work are like that, which coins do you think we should buy... $BNB