Crypto Stract | Web 3, Finance, Business, Blockchain, Crypto, Growth, Stock Market, Money
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Crypto Speak: Bear trap and bull trap

Bull trap: this is when the market starts to grow and everyone thinks that the growth is unstoppable. People buy crypto in the hope of growth, and then the β€œtrap” collapsesβ€”i.e., the market rolls back and traders lose money.

Similarly, with a β€œbear trap,” when the market falls, traders open short positions, but investors still won’t buy the coins because they know that prices will dip even lower.

Of course, when the market suddenly starts to rise at this moment, the bear trap takes hold.

Strong vs Weak Breakout: https://t.me/cryptostract/76

How to become Rich: https://t.me/cryptostract/106

Entry Confirmation: https://t.me/cryptostract/83
BREAKING 🚨

πŸ‡ΊπŸ‡Έ Federal Reserve Chair Jerome Powell warns that tariffs could push inflation up by 0.5%–1%

Despite ongoing energy market stress, Powell remains focused on the inflationary impact of tariffs

⚑️ t.me/cryptostract
🚨 $308,000,000,000 has been wiped out from stocks today as market opens

⚑️ t.me/cryptostract
JUST IN 🚨

Netanyahu reportedly told closed-door meetings that even a US-Iran deal won’t bring the conflict to an end, according to sources

⚑️ t.me/cryptostract
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$BTC / $USD - Update

We might see more dump. Too much wicking about today.

⚑️ t.me/cryptostract
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You can buy cryptocurrency on exchanges: centralized (CEX) or decentralized (DEX).

CEX exchanges are managed by organizations that oversee all operations and provide maintenance and security. User tokens are stored in exchange wallets. There is a commission for trading. When registering, you need to confirm your phone number and email. To work, as a rule, you need to undergo KYC/verification: confirm your identity using a passport/international passport/driver’s license. Many of these exchanges provide the opportunity to buy tokens for fiat (rubles).

DEX exchanges work differently. Coins are exchanged for them without intermediaries. A commission is charged for the exchange. There is no need to register here; to use it you need to connect your wallet (click connect wallet and enter the wallet password). Coins will be transferred from wallet to wallet. For each transaction, the wallet will request permission to confirm the operation. DEX is more difficult to use.

Difference Between USDT and USDC: https://t.me/cryptostract/6

Swing Trading: https://t.me/cryptostract/7

Bear trap and bull trap: https://t.me/cryptostract/131

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βœ…Introducing the Crypto Exchange

πŸ”΄Buying cryptocurrency is just like buying foreign currency for a holiday. It is just an exchange of one currency for another at an agreed rate - e.g Euros for BTC (the currency symbol for bitcoin) - which is why the most common place to buy cryptocurrency is called an Exchange. 

πŸ”΄It might feel confusing when cryptocurrency like bitcoin is talked about as having a price, whereas for dollar, euro etc we are used to talking about an exchange rate. 

➑️These two terms - price/exchange rate - are interchangeable and simply reflect the fact that currency values - especially crypto - are constantly changing. 

πŸ”΄The price simply reflects the interaction between buyers and sellers on each Exchange, which organically maintain parity with each other. (again explained in detail elsewhere). An overall representation of price can then be reached by aggregating the price from the main exchanges.

Choosing the Right Crypto Exchange: t.me/techpsyche/774

What Is Crypto Arbitrage: t.me/techpsyche/881

How can I spot a bullish trend?: t.me/techpsyche/925

More Resources Here:
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Tips to help you be successful:

* Implement healthy habits every day
Good habits are the foundation of wealth. They distinguish a successful wealthy person from a loser. In the latter, bad habits prevail. Think about what's stopping you? Awareness is the first step to change.

* Set goals regularly
Successful people are driven by their goals. There are always unconquered peaks in front of them. They plan their day in detail.

* Identify root causes
If you know why you want to achieve wealth and success, you will get there faster. Setting goals is important. But even more important is why you chose this particular goal.

* Get things done
The truth is as old as the world: do not put off until tomorrow what you can do today. Everyone has fears β€œWhat if it doesn’t work out?”, β€œIt’s too difficult,” and so on. But successful people overcome them and bring important things to the end, no matter what it takes.

* Do the maximum and even a little more
To do something, if only to quickly and if only to lag behind - the approach of losers. Successful and wealthy people always do even a little more than what is required of them. If you have to stay at work for this - no problem! Putting in more effort is easy!

Entrepreneurs cheat sheet
t.me/cryptostract/125

How I keep my Finances Organized
t.me/cryptostract/147

More Resources Here:
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