Crypto-David

Experienced Cryptocurrency Arbitrage: Can You Make Money? - Day 1
I will be posting day by day, showing my results and commenting on my experience. The challenge will be to start with 10 USD; I will publish from my successes to my failures.
On day 1, I only made one purchase and transferred it to the other exchange, where I made a good profit of 0.96 USD; almost 10% of the 10 USD.
Follow me to receive daily updates and be part of this challenge. Together we will discover the power of crypto arbitrage!
#arbitrajecripto

What do you think will happen to Bitcoin after the news of interest rates and Powell's speech?
#Bitcoin❗ #Binance $BTC

What could we expect from $BTC for the rest of this week?🔥
Bitcoin seen from a macro perspective has been on an upward movement, breaking highs and generating a historical maximum. Today, the long-awaited Wednesday brings the interest rate decision and Powell's speech. Will it be the fundamental factor that takes Bitcoin out of the accumulation it is in?🤔

*Technical analysis view💻
In the image, we see the daily timeframe. The price had an upward impulse, and since July 15, the price has entered a range between the levels of 120K USD and 116K USD💵; looking at this range from the Wyckoff method, the price has respected support and resistance, where it made a false breakout in phase C and is developing in phase D. We will see the confirmation of a good breakout of the resistance, which will then become support, or vice versa; my recommendation and what I will do is wait for this breakout and mark key areas as support and an OB at these price levels. In the image, we have two possible cases, which varies on how we take the entry depending on our type of confirmation. For my part, I will wait for the interest rates and act after Powell's speech.

*Fundamental analysis view👀
Regarding the news about interest rates being maintained at 4.50%, we will see Bitcoin with continued upward movement; however, the factor that will most determine the direction in this case will be Powell's speech, where he will face a set of uncomfortable questions, and I see three scenarios: -Scenario No. 1: Powell continues with the same hard stance of maintaining interest rates, which they are observing, but there is no possibility, and we would see this with a negative reaction. -Scenario No. 2: Powell is indecisive and says that there is a consensus in the FED to maintain or lower the rates, that there is no clear decision in this regard, which would generate an upward impulse. -Scenario No. 3: Prepare the market to lower interest rates in September, this would be the most bullish reaction.

My first question when it comes to investing was "How much money should I start with to invest?💵

Many of you will surely relate, and the truth is that it is the least appropriate question to start in this world.
It's like wanting to race motorcycles without knowing how to ride, and asking ourselves:
What sports bike should I buy to race?🔥, but tell me what good is a Ducati if you don't know how to ride?
Before having good financial capital, you will need knowledge and real skills.

To invest, we must have the capacity, vision, and discipline to multiply it. And that is only achieved by developing skills:
* Knowing how to read the market💻
* Knowing how to make decisions under pressure 🤯
* Knowing how to manage risks and emotions 🤖

We start thinking that we need more money to earn more and become rich overnight. But what we really need at the beginning is preparation.
It's not about how much you start with; it's about how much you prepare. Because skill generates confidence, and confidence generates results.

Always seek knowledge above anything else, look for mentors to guide you, seek groups to share your ideas and vice versa, keep a journal where you start to become more self-taught and correct certain mistakes you tend to make when buying some cryptocurrency or not knowing how to control yourself while you have one in execution.
That's why, focus on improving your plan, knowledge, and most importantly, improving your being.✨

"Remember, true capital is not in the amount of money you start with, but in the knowledge, discipline, and mindset with which you choose to move forward. In this crypto world, where opportunities are infinite but risks are too, the best investment you can make is in yourself.
So before asking yourself 'How much money should I start with?'💰, first ask yourself: 'How prepared am I to handle it?'🚀🚀
#psicotrading #cripto

Incredible friend post, you said all the truth about this world and what it needs, keep it up... Good luck bro!🚀

Is Bitcoin on the verge of a collapse or simply going through another bullish cycle disguised as a correction?

This is my Technical analysis regarding Bitcoin.
I made a previous post where I explain a bit better with the fundamental analysis that could lead to an interesting movement in Bitcoin, let's wait until Wednesday!
Visit the post and share your thoughts on what you think about Bitcoin.
Don't forget to follow me and create a hub where we can all have a space to share our analyses and be able to create in this medium.

#bitcoin #alcista $BTC

Is Bitcoin on the brink of collapse or simply going through another bullish cycle disguised as a correction?
Bitcoin is going through a bullish cycle, where it has been generating all-time highs; however, the price of Bitcoin has been converging between the peak of 120K USD and 116K USD. It would be wise to wait for a good confirmation, as this week has started with influential macroeconomic events and it seems to be an interesting week, with a piece of news that might not impact this asset too much, such as the news coming out this Wednesday, which is "The Interest Rate Decision." This will be a key event that will undoubtedly generate a directional movement in Bitcoin and the rest of the markets. According to my analysis, I could expect a possibly bullish continuation.

If you currently hold positions in Bitcoin, remember to manage them well, and for those who do not, wait for a good confirmation regarding your trading plan.

Let me know in the comments what you think, and we can have a good growth discussion with different points of view.
#Binance #Bitcoin❗ $BTC