Forwarded from Cryptospace Sessions premium
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ENJ USDT
After the update of booking profit, price hit entry again, and currently a good profit of 40%+ on this on spot
After the update of booking profit, price hit entry again, and currently a good profit of 40%+ on this on spot
👍1
Forwarded from Cryptospace Sessions premium
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DNT USDT
I am still holding DNT personally, 20% in loss.
I am still holding DNT personally, 20% in loss.
All setups have already been played out, no point of entry now, they are just shared as results, nothing else.
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BTC USDT
LTF ranges that were given day1, are still intact.
LTF ranges that were given day1, are still intact.
CRYPTOSPACE
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ETH BTC
Keep your eyes closed, the boxes do their work always
Keep your eyes closed, the boxes do their work always
CRYPTOSPACE
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Giveaway update.
Since the first prize is a session.
I want to ask people who have participated.
Would you like to have the first prize, and why?
I'm doing this because I only want to give that one hour to someone who wants to learn something, otherwise, usdt-trc20 is still on the table.
People only who have fairly participated please respond.
Since the first prize is a session.
I want to ask people who have participated.
Would you like to have the first prize, and why?
I'm doing this because I only want to give that one hour to someone who wants to learn something, otherwise, usdt-trc20 is still on the table.
People only who have fairly participated please respond.
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BTC USDT
Trust your charts, if not, then trust mine.
Trust your charts, if not, then trust mine.
The problem with all of you people is, market pumps, you all start feeling that market left you behind, and you start buying the top where liquidity for sell orders is needed, getting trapped as we say.
And then, when the market retraces, you all think market is tanking, going kaboom, you all thing it's going to keep going down and stuff, and you all never buy, and there are some even smarter people who had the opportunity to take profit at top but they didn't and removed their take profit orders because they thought market will keep moving up and they want to have more money, and when market is dropped down 30% they will come with the idea of selling there to buy back lower, and not just that, they will convince 10 more of their friends to do the same.
There goes the liquidity for the buying side to buy because of these sell orders.
I don't care what you understand out of this, but I will share my personal experience, I never became a profitable trader until I started taking profits.
And then, when the market retraces, you all think market is tanking, going kaboom, you all thing it's going to keep going down and stuff, and you all never buy, and there are some even smarter people who had the opportunity to take profit at top but they didn't and removed their take profit orders because they thought market will keep moving up and they want to have more money, and when market is dropped down 30% they will come with the idea of selling there to buy back lower, and not just that, they will convince 10 more of their friends to do the same.
There goes the liquidity for the buying side to buy because of these sell orders.
I don't care what you understand out of this, but I will share my personal experience, I never became a profitable trader until I started taking profits.
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BTC USDT
Also for people who use trend lines and support and resistance zones, even if you follow retail ways, normal sup/res
You can still see a lot in the market.
Also for people who use trend lines and support and resistance zones, even if you follow retail ways, normal sup/res
You can still see a lot in the market.
CRYPTOSPACE
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BTC USDT
Tell me how accurate do you want my charts to be anon?
Tell me how accurate do you want my charts to be anon?
Last few lives not many people came to join, so putting up a poll next for the telegram live, will come as per the majority.
Want me to go live on telegram here and talk about market?
I will go live in ten minutes, if I do it. Have just the next half hour free, so.
I will go live in ten minutes, if I do it. Have just the next half hour free, so.
Anonymous Poll
65%
Yes
20%
No
25%
Some other day
What is hedge? 👨🏫
Simple strategy: you got an alt bag, market conditions changed and you experiencing losses. Some alts have margin and it makes sense to hedge short it, thus if market goes down you will be profited from your short which recovers some of your losses.
In case the alt have no margin and can not be shorted, you can at least partially close your position, so that you at least limit your losses.
When it makes sense to hedge?
1) When you have a large capital and to save the capital is the first priority rather then make profit
2) When it's high risk investment, which is more likely there won't be a recovery on an asset
3) In swing trading makes sense to hedge your losses as well, as the priority is to make more profitable trades, so you simple cut your losses and going to another asset. In this strategy though it's most difficult to make up your mind
How to make a decision?
Small tip:
- Define some losses threshold, once it's reached you starting hedging (ex. you got -20%, it makes you act)
- If you have several assets in your portfolio and all of them going down, at least cut the high risk assets, them are weaker and will suffer the most.
Friendly advice to think about your investments from the start:
1) try to define the risk of an asset and invest an amount according to it, that fits your risk tolerance
2) try to define the market conditions
3) at least have some plan of how you get out if something goes wrong
Those are just simple hedge strategies & tips. There is a not a one answer to all problems though, and it will always up to you how to act, which will depend on your risk tolerance and experience.
Something useful. Found it on channel hence posting
Simple strategy: you got an alt bag, market conditions changed and you experiencing losses. Some alts have margin and it makes sense to hedge short it, thus if market goes down you will be profited from your short which recovers some of your losses.
In case the alt have no margin and can not be shorted, you can at least partially close your position, so that you at least limit your losses.
When it makes sense to hedge?
1) When you have a large capital and to save the capital is the first priority rather then make profit
2) When it's high risk investment, which is more likely there won't be a recovery on an asset
3) In swing trading makes sense to hedge your losses as well, as the priority is to make more profitable trades, so you simple cut your losses and going to another asset. In this strategy though it's most difficult to make up your mind
How to make a decision?
Small tip:
- Define some losses threshold, once it's reached you starting hedging (ex. you got -20%, it makes you act)
- If you have several assets in your portfolio and all of them going down, at least cut the high risk assets, them are weaker and will suffer the most.
Friendly advice to think about your investments from the start:
1) try to define the risk of an asset and invest an amount according to it, that fits your risk tolerance
2) try to define the market conditions
3) at least have some plan of how you get out if something goes wrong
Those are just simple hedge strategies & tips. There is a not a one answer to all problems though, and it will always up to you how to act, which will depend on your risk tolerance and experience.
Something useful. Found it on channel hence posting
👍1
CRYPTOSPACE
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Please give me 24hrs more for announcing the winners. It's just the shortage of time that's getting the delay here