👇 Market sentiment, and how it can help you to become a more efficient trader or investor.
Markets are driven by two powerful emotions: FEAR and GREED. Rules are simple:
1. Most people lose money trading.
2. Most traders are driven by irrational feelings.
In continuation to the previous post: one of the very indicative signals of the high level of risk tolerance and greed in the market is a "meme coins season". Market participants are saying "screw it, I can afford to lose $100 on this, but maybe I will make 1000x just like that guy".
Danger! For the last couple of years, this behavior was not healthy for bullish momentum and very often signaled the local market top. Last month was not an exemption - random meme coins started pumping and BTC topped at 31k.
Probably everyone heard a famous quote by Warren Buffett: “Be fearful when others are greedy, and greedy when others are fearful.” This simple truth is often overlooked by so many beginners, partly because it's really hard for people to stay rational in the noise of different opinions and be able to act against their own nature.
By learning how to utilize market sentiment signals, you can get a great advantage. Try to be more attentive to your own feelings, and the behavior of other market participants.
Three simple examples:
🚩 Got a profitable trade, cheered for yourself, and feel like a genius investor? - Better be careful most likely you are about to make some serious mistakes and lose money, maybe it's time to stop trading for a few days/weeks and hedge your positions.
🚩 See many people literally gambling with their last $1000 while trying to catch "the next big thing"? - Watch out, probably the market is driven by an unhealthy amount of greed and you need to stay away from the herd.
🚩 Newspapers are writing that "crypto is dead", people start fearmongering and explaining why "it's all going to zero". - Better start looking for opportunities that others are missing, there are high chances that the amount of fear is irrational, and the market will soon find a bottom.
Of course, there are never 100% possibilities, especially in the financial markets, but always remember: overconfidence in your trades, investments, skills, and knowledge almost never ends well in the long term, just like a constant feeling of fear will paralyze you and stop you from finding good trades/investments. Be cautious of the signals the market is sending you and act accordingly, even tho sometimes it may feel counterintuitive.
#trading_tips
Markets are driven by two powerful emotions: FEAR and GREED. Rules are simple:
1. Most people lose money trading.
2. Most traders are driven by irrational feelings.
In continuation to the previous post: one of the very indicative signals of the high level of risk tolerance and greed in the market is a "meme coins season". Market participants are saying "screw it, I can afford to lose $100 on this, but maybe I will make 1000x just like that guy".
Danger! For the last couple of years, this behavior was not healthy for bullish momentum and very often signaled the local market top. Last month was not an exemption - random meme coins started pumping and BTC topped at 31k.
Probably everyone heard a famous quote by Warren Buffett: “Be fearful when others are greedy, and greedy when others are fearful.” This simple truth is often overlooked by so many beginners, partly because it's really hard for people to stay rational in the noise of different opinions and be able to act against their own nature.
By learning how to utilize market sentiment signals, you can get a great advantage. Try to be more attentive to your own feelings, and the behavior of other market participants.
Three simple examples:
🚩 Got a profitable trade, cheered for yourself, and feel like a genius investor? - Better be careful most likely you are about to make some serious mistakes and lose money, maybe it's time to stop trading for a few days/weeks and hedge your positions.
🚩 See many people literally gambling with their last $1000 while trying to catch "the next big thing"? - Watch out, probably the market is driven by an unhealthy amount of greed and you need to stay away from the herd.
🚩 Newspapers are writing that "crypto is dead", people start fearmongering and explaining why "it's all going to zero". - Better start looking for opportunities that others are missing, there are high chances that the amount of fear is irrational, and the market will soon find a bottom.
Of course, there are never 100% possibilities, especially in the financial markets, but always remember: overconfidence in your trades, investments, skills, and knowledge almost never ends well in the long term, just like a constant feeling of fear will paralyze you and stop you from finding good trades/investments. Be cautious of the signals the market is sending you and act accordingly, even tho sometimes it may feel counterintuitive.
#trading_tips
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💡 Limited-Time Giveaway for HTX Partners
Invite friends to trade ETH on HTX and earn generous bonuses.
⏳ Event Period: August 16, 12:00 - September 17, 12:00 (UTC)
💰 Eligibility: Only the first 50 newly registered HTX partners who sign up after the event begins will be eligible to participate.
✔️ Event Rules: HTX partners can invite friends to trade ETH during the event. Once the invitees complete their trades, HTX partners will not only earn the usual platform commission but also receive an additional 10% bonus on their invitees' trading fees. The more trades your invitees make, the higher the bonus.
Invite friends to trade ETH on HTX and earn generous bonuses.
⏳ Event Period: August 16, 12:00 - September 17, 12:00 (UTC)
💰 Eligibility: Only the first 50 newly registered HTX partners who sign up after the event begins will be eligible to participate.
✔️ Event Rules: HTX partners can invite friends to trade ETH during the event. Once the invitees complete their trades, HTX partners will not only earn the usual platform commission but also receive an additional 10% bonus on their invitees' trading fees. The more trades your invitees make, the higher the bonus.
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📕 Learn to Earn is...
Learn to Earn is a mechanism in blockchain applications that combines education and earning.
💸 In the traditional approach, students lack daily incentives, their motivation weakens, and they drop out of their studies. A Learn to Earn user has daily incentives in the form of earnings, which help them stay committed to their education.
🧬 Learn to Earn is an educational technology (EdTech) operating on the blockchain (Web 3.0).
🔘 Learn to Earn is a new trend in the blockchain sphere. It gives students the opportunity to maintain motivation during the learning process and earn money. For teachers, it provides an effective technology that helps increase engagement with their educational products.
Learn to Earn is a mechanism in blockchain applications that combines education and earning.
💸 In the traditional approach, students lack daily incentives, their motivation weakens, and they drop out of their studies. A Learn to Earn user has daily incentives in the form of earnings, which help them stay committed to their education.
🧬 Learn to Earn is an educational technology (EdTech) operating on the blockchain (Web 3.0).
🔘 Learn to Earn is a new trend in the blockchain sphere. It gives students the opportunity to maintain motivation during the learning process and earn money. For teachers, it provides an effective technology that helps increase engagement with their educational products.
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😊 10 Best Ways to Earn on Cryptocurrencies in 2024
There are many ways to earn crypto, but not all are legal and reliable. We have compiled a selection of real and legal earning methods.
1️⃣ Investing in Presales – Buying coins and tokens of promising projects early at a better price can bring excellent profits in the future. Just don't mindlessly buy everything.
2️⃣ Staking – Passive income from holding cryptocurrencies.
3️⃣ Play-to-Earn Games – There are now numerous gaming products with earning potential, from popular clickers to full-fledged MMORPGs.
4️⃣ Lending – Lend your cryptocurrency to other users for interest.
5️⃣ Trading – Profit from trading cryptocurrency on exchanges.
6️⃣ Airdrops – With new blockchains and projects emerging every day, free token distributions happen quite frequently.
7️⃣ Long-term Investing – Buy and hold cryptocurrencies for profit. For this method, it's better to choose reliable assets with high value and growth prospects.
8️⃣ Mining – Buy equipment and start mining crypto.
9️⃣ Learn and Earn – Learn new things and earn cryptocurrency rewards for your efforts. Almost every popular platform has such a learning system with rewards.
1️⃣0️⃣ Giveaways – Keep an eye on events in the crypto industry. Many projects hold giveaways with valuable prizes to boost community loyalty.
There are many ways to earn crypto, but not all are legal and reliable. We have compiled a selection of real and legal earning methods.
1️⃣ Investing in Presales – Buying coins and tokens of promising projects early at a better price can bring excellent profits in the future. Just don't mindlessly buy everything.
2️⃣ Staking – Passive income from holding cryptocurrencies.
3️⃣ Play-to-Earn Games – There are now numerous gaming products with earning potential, from popular clickers to full-fledged MMORPGs.
4️⃣ Lending – Lend your cryptocurrency to other users for interest.
5️⃣ Trading – Profit from trading cryptocurrency on exchanges.
6️⃣ Airdrops – With new blockchains and projects emerging every day, free token distributions happen quite frequently.
7️⃣ Long-term Investing – Buy and hold cryptocurrencies for profit. For this method, it's better to choose reliable assets with high value and growth prospects.
8️⃣ Mining – Buy equipment and start mining crypto.
9️⃣ Learn and Earn – Learn new things and earn cryptocurrency rewards for your efforts. Almost every popular platform has such a learning system with rewards.
1️⃣0️⃣ Giveaways – Keep an eye on events in the crypto industry. Many projects hold giveaways with valuable prizes to boost community loyalty.
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👨💻 Phemex: Learn and Earn
The learning system on this platform is similar to previously reviewed projects, but the rewards are different.
🔵 Lesson Format: The same videos, articles, and quizzes.
🔵 Rewards: Instead of real money and tokens, users receive credits to their Phemex account. These credits can later be used for investing on the platform.
Currently, there are 6 active educational programs on the platform.
Yes, the rewards are small, but it’s a great opportunity to gain valuable knowledge and then apply it in practice within the platform.
The learning system on this platform is similar to previously reviewed projects, but the rewards are different.
🔵 Lesson Format: The same videos, articles, and quizzes.
🔵 Rewards: Instead of real money and tokens, users receive credits to their Phemex account. These credits can later be used for investing on the platform.
Currently, there are 6 active educational programs on the platform.
Yes, the rewards are small, but it’s a great opportunity to gain valuable knowledge and then apply it in practice within the platform.
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❕ A blockchain and AI-based financial education gaming platform implementing the "Learn-to-Earn" model.
LEarn addresses the widespread issue of financial illiteracy, particularly among youth and students from economically disadvantaged communities.
💰 LEarn makes financial education accessible, engaging, and practical through its innovative platform. By gamifying the learning process and using AI to tailor content to individual users, LEarn maintains student motivation and ensures that the material aligns with their personal financial goals.
The "Learn-to-Earn" model adds a tangible incentive by rewarding users with cryptocurrency as they progress, making the learning process not only educational but also financially rewarding.
LEarn addresses the widespread issue of financial illiteracy, particularly among youth and students from economically disadvantaged communities.
💰 LEarn makes financial education accessible, engaging, and practical through its innovative platform. By gamifying the learning process and using AI to tailor content to individual users, LEarn maintains student motivation and ensures that the material aligns with their personal financial goals.
The "Learn-to-Earn" model adds a tangible incentive by rewarding users with cryptocurrency as they progress, making the learning process not only educational but also financially rewarding.
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💡 Word of the Day: Test your knowledge of CPI to earn Binance Points
Binance is excited to introduce the new Word of the Day (WOTD) game!
💰 Users will share equally in a pool of 500,000 Binance Points, which can be redeemed for BNB token vouchers and BNB trading fee discount vouchers in the Rewards Hub.
This week's theme is "CPI." Read the selected articles to learn more about this topic, participate in this week's WOTD, and earn a share of the rewards.
⏳ Activity period: 2024-08-19 00:00 (UTC) to 2024-08-25 23:59 (UTC)
WOTD is an educational word-guessing game that helps users expand their cryptocurrency vocabulary and stay updated on the latest market developments.
Binance is excited to introduce the new Word of the Day (WOTD) game!
💰 Users will share equally in a pool of 500,000 Binance Points, which can be redeemed for BNB token vouchers and BNB trading fee discount vouchers in the Rewards Hub.
This week's theme is "CPI." Read the selected articles to learn more about this topic, participate in this week's WOTD, and earn a share of the rewards.
⏳ Activity period: 2024-08-19 00:00 (UTC) to 2024-08-25 23:59 (UTC)
WOTD is an educational word-guessing game that helps users expand their cryptocurrency vocabulary and stay updated on the latest market developments.
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💡 A new program has been launched on BitDegree — Learn Crypto Staking with Coinbase.
Coinbase is a leading cryptocurrency exchange platform that also excels in staking. Offering a user-friendly interface, Coinbase allows both beginners and experienced crypto enthusiasts to easily stake their digital assets and potentially earn passive income. The process is simplified and requires no technical skills.
During the course, you can master the platform's services and learn the basics of cryptocurrency investing.
Rewards:
🎁 25 raffle winners will share the prize pool of USDC, with each receiving 4 USDC.
🎁 A bonus of up to $200 for users who sign up through the link and meet the requirements.
⏳ End date: September 19, 2024
You can also earn 1,200 Bits for completing all tasks on the platform.
Coinbase is a leading cryptocurrency exchange platform that also excels in staking. Offering a user-friendly interface, Coinbase allows both beginners and experienced crypto enthusiasts to easily stake their digital assets and potentially earn passive income. The process is simplified and requires no technical skills.
During the course, you can master the platform's services and learn the basics of cryptocurrency investing.
Rewards:
🎁 25 raffle winners will share the prize pool of USDC, with each receiving 4 USDC.
🎁 A bonus of up to $200 for users who sign up through the link and meet the requirements.
⏳ End date: September 19, 2024
You can also earn 1,200 Bits for completing all tasks on the platform.
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💮 SunPump Airdrop Promotion: $100,000 USDT Giveaway on HTX
HTX and SunPump have officially entered into a strategic ecosystem partnership.
💰 To celebrate this exciting news, SunPump is investing $100,000 USDT as rewards for both new and existing HTX users.
⏳ Event period: 12:00 (UTC) August 20, 2024 - 12:00 (UTC) August 25, 2024.
✔️ Participation Prize: Register to receive a $20 USDT gift package. $HTX holders can receive a $30 USDT gift package upon registration.
HTX and SunPump have officially entered into a strategic ecosystem partnership.
💰 To celebrate this exciting news, SunPump is investing $100,000 USDT as rewards for both new and existing HTX users.
⏳ Event period: 12:00 (UTC) August 20, 2024 - 12:00 (UTC) August 25, 2024.
✔️ Participation Prize: Register to receive a $20 USDT gift package. $HTX holders can receive a $30 USDT gift package upon registration.
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💡 Take a Break from Earning with CoinGecko’s Educational Programs
The platform offers not only Learn To Earn courses but also general educational programs.
Start with beginner guides and cryptocurrency fundamentals. Progress at your own pace and learn everything you need to know about it.
A wide range of courses on various topics for crypto enthusiasts of all levels.
The platform offers not only Learn To Earn courses but also general educational programs.
Start with beginner guides and cryptocurrency fundamentals. Progress at your own pace and learn everything you need to know about it.
A wide range of courses on various topics for crypto enthusiasts of all levels.
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💰 A Few Valuable Tips for Crypto Enthusiasts:
1. Regardless of market conditions, one truth holds: 8% of people will control all 21 million Bitcoin.
2. Financial, capital, and risk management skills are far more valuable—think 50x—than just focusing on technical analysis or crypto research.
3. Earning passively: There are plenty of ways to make money in crypto without being glued to the screen.
1. Regardless of market conditions, one truth holds: 8% of people will control all 21 million Bitcoin.
2. Financial, capital, and risk management skills are far more valuable—think 50x—than just focusing on technical analysis or crypto research.
3. Earning passively: There are plenty of ways to make money in crypto without being glued to the screen.
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💡 Robinhood’s Training Program for Beginner Investors
Before exploring other programs online, it’s important to master the basics of using cryptocurrencies.
✔️ Robinhood offers a comprehensive course for beginner investors.
Here, you can acquire investing skills and learn the fundamentals of various financial instruments.
The program does not offer rewards for completing the courses. However, the platform also includes Learn To Earn lessons.
Before exploring other programs online, it’s important to master the basics of using cryptocurrencies.
✔️ Robinhood offers a comprehensive course for beginner investors.
Here, you can acquire investing skills and learn the fundamentals of various financial instruments.
The program does not offer rewards for completing the courses. However, the platform also includes Learn To Earn lessons.
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❔ Why Do These "Learn and Earn" Programs Exist?
To promote various exchanges and cryptocurrencies. Most major centralized exchanges offer Learn and Earn programs, including Binance, Coinbase, and many others.
They provide a small incentive to encourage you to use their platform when you eventually start trading cryptocurrency.
💰 Additionally, they may create partnerships with different cryptocurrencies through special modules where you learn about a specific new coin or token and earn a small amount of that token as a reward.
This increases awareness of the coin, decentralizes ownership from the creators, and boosts initial trading volume—much like an airdrop.
To promote various exchanges and cryptocurrencies. Most major centralized exchanges offer Learn and Earn programs, including Binance, Coinbase, and many others.
They provide a small incentive to encourage you to use their platform when you eventually start trading cryptocurrency.
💰 Additionally, they may create partnerships with different cryptocurrencies through special modules where you learn about a specific new coin or token and earn a small amount of that token as a reward.
This increases awareness of the coin, decentralizes ownership from the creators, and boosts initial trading volume—much like an airdrop.
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💡 A new program has been launched on BitDegree — BTSE
BTSE is a centralized cryptocurrency exchange founded in 2018. The platform currently supports 222 cryptocurrencies and offers 300 trading pairs, with BTC/USDT being the most popular.
Through the course, users can learn about the platform's services and the basics of cryptocurrency investing.
Rewards:
🎁 20 BTSE Cash as a trading fee discount for new users
🎁 15 BTSE Cash for first place / Future trading reward
🎁 5 BTSE Cash as a deposit reward
End date: September 23, 2024
You can also earn 1,500 Bits for completing all tasks on the platform.
BTSE is a centralized cryptocurrency exchange founded in 2018. The platform currently supports 222 cryptocurrencies and offers 300 trading pairs, with BTC/USDT being the most popular.
Through the course, users can learn about the platform's services and the basics of cryptocurrency investing.
Rewards:
🎁 20 BTSE Cash as a trading fee discount for new users
🎁 15 BTSE Cash for first place / Future trading reward
🎁 5 BTSE Cash as a deposit reward
End date: September 23, 2024
You can also earn 1,500 Bits for completing all tasks on the platform.
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💡 Binance Launches Learn & Earn Program Rewarding Users with FET Tokens
Eligible participants are new users who have completed KYC verification and have never subscribed to Simple Earn Locked Products before August 21, 2024, 23:59 UTC.
💰 These users can earn a predetermined number of FET tokens on a first-come, first-served basis.
Qualified users can start reading articles and watching videos at any time from now on, as well as taking quizzes while tokens are available!
Note that each course can be completed only once, and each user can claim only one reward per completed course.
⏳ Active period: August 22, 2024, to September 12, 2024.
Eligible participants are new users who have completed KYC verification and have never subscribed to Simple Earn Locked Products before August 21, 2024, 23:59 UTC.
💰 These users can earn a predetermined number of FET tokens on a first-come, first-served basis.
Qualified users can start reading articles and watching videos at any time from now on, as well as taking quizzes while tokens are available!
Note that each course can be completed only once, and each user can claim only one reward per completed course.
⏳ Active period: August 22, 2024, to September 12, 2024.
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