MARKET ANALYSIS
Continuing the currwnt bearish trend i think we might see adip towards the $3610 levels as we enter into 2019. I reccomend opening shorts keeping in mind the Risk : Reward Ratio.
https://www.tradingview.com/x/2dZoz3x5/
Continuing the currwnt bearish trend i think we might see adip towards the $3610 levels as we enter into 2019. I reccomend opening shorts keeping in mind the Risk : Reward Ratio.
https://www.tradingview.com/x/2dZoz3x5/
MANAGING THE STRESS OF TRADING
If you are thinking to become a Full Time Trader you need to understand the physical and psychological stresses that the market brings to you!
If you want to be a successful trader you need to CONTROL YOUR EMOTIONS, this is the key. You have to figure out a way to manage your reactions to the market OR trading is NOT for you. If you panic, you will no longer be trading to win, but trading not to lose. Not to lose is of course important but you need to understand that there is always a RISK to take when opening a trade and you must accept losses, learn from it and keep going. If your goal is not to lose, you won't take appropriate RISK. Knowing the emotions that affect trading and having some ways to manage them can improve your overall performance.
Everyone experiences different emotions while trading and I would like to list the most common ones:
๐ฐ** ANXIETY**: The anticipation of things going wrong. You might hesitate and miss a market move or you might hold too long on a losing position because you are worried about the effect that selling it will have on your portfolio. Focus on your trading plan, not on making a set amount of money.
๐ค GREED: The opposite of anxiety. When you get Greedy you might do stupid things. You don't think anymore, you only see money and you stop following your trading plan. You hold positions too long in the hope of making a massive return or you FOMO into a coin that is pumping, fear of missing the opportunity. Greed will make you rush into trades and make terrible decisions, you will then lose discipline first and then lose all your money.
๐ญ FEAR: It's probably the worst between the emotions. Fearful traders trade not to lose money. You are afraid to enter trades because you are worried about what will happen if you lose that trade. This is an emotion that might stop you to become a successful trader. You need to figure out a strategy for it. The best one I suggest you is to TRADE HOW MUCH YOU ARE WILLING TO LOSE. Think about what will happen if you lose a certain amount of money and trade accordingly.
๐ BOREDOM: Some days the market can be really boring. Nothing is moving and your "Making Money" Mentality might make you do something stupid. When you feel bored and there isn't really much to trade, TAKE A BREAK. Close your positions, relax and be PATIENT. Opportunities will come. Not every day is GOLD especially in Crypto.
๐ค DEPRESSION: This is a very severe one. Many story tales I heard about Traders falling into deep Depression. The Ups and Downs of the Market can really hit us. Especially if you do this FULL TIME, it can be though to be in a long BEAR market. In Crypto this is more than real. We can see coins go up 3000% in 2 months and then 90% crashes few months later. If you do not use good strategies to manage your Capital, if you do not take profits out often and you do not manage all the above Emotions... Depression can HIT you hard. This is a 24h market so there's always an opportunity to make money and this could drive you NUTS! Remember: Successful traders have a life outside of the market. Manage your RISK, believe in your trading plan and set specific hours when you should trade. When time is over, close your Laptop, go out enjoy your family and friends and ENJOY LIFE.
Find your way to MANAGE all the above emotions and you will become a better trade!
If you are thinking to become a Full Time Trader you need to understand the physical and psychological stresses that the market brings to you!
If you want to be a successful trader you need to CONTROL YOUR EMOTIONS, this is the key. You have to figure out a way to manage your reactions to the market OR trading is NOT for you. If you panic, you will no longer be trading to win, but trading not to lose. Not to lose is of course important but you need to understand that there is always a RISK to take when opening a trade and you must accept losses, learn from it and keep going. If your goal is not to lose, you won't take appropriate RISK. Knowing the emotions that affect trading and having some ways to manage them can improve your overall performance.
Everyone experiences different emotions while trading and I would like to list the most common ones:
๐ฐ** ANXIETY**: The anticipation of things going wrong. You might hesitate and miss a market move or you might hold too long on a losing position because you are worried about the effect that selling it will have on your portfolio. Focus on your trading plan, not on making a set amount of money.
๐ค GREED: The opposite of anxiety. When you get Greedy you might do stupid things. You don't think anymore, you only see money and you stop following your trading plan. You hold positions too long in the hope of making a massive return or you FOMO into a coin that is pumping, fear of missing the opportunity. Greed will make you rush into trades and make terrible decisions, you will then lose discipline first and then lose all your money.
๐ญ FEAR: It's probably the worst between the emotions. Fearful traders trade not to lose money. You are afraid to enter trades because you are worried about what will happen if you lose that trade. This is an emotion that might stop you to become a successful trader. You need to figure out a strategy for it. The best one I suggest you is to TRADE HOW MUCH YOU ARE WILLING TO LOSE. Think about what will happen if you lose a certain amount of money and trade accordingly.
๐ BOREDOM: Some days the market can be really boring. Nothing is moving and your "Making Money" Mentality might make you do something stupid. When you feel bored and there isn't really much to trade, TAKE A BREAK. Close your positions, relax and be PATIENT. Opportunities will come. Not every day is GOLD especially in Crypto.
๐ค DEPRESSION: This is a very severe one. Many story tales I heard about Traders falling into deep Depression. The Ups and Downs of the Market can really hit us. Especially if you do this FULL TIME, it can be though to be in a long BEAR market. In Crypto this is more than real. We can see coins go up 3000% in 2 months and then 90% crashes few months later. If you do not use good strategies to manage your Capital, if you do not take profits out often and you do not manage all the above Emotions... Depression can HIT you hard. This is a 24h market so there's always an opportunity to make money and this could drive you NUTS! Remember: Successful traders have a life outside of the market. Manage your RISK, believe in your trading plan and set specific hours when you should trade. When time is over, close your Laptop, go out enjoy your family and friends and ENJOY LIFE.
Find your way to MANAGE all the above emotions and you will become a better trade!
Well the eve of new year is here. I know you all have been waiting eagerly for the coin of the year but I might have to inform you we might see some big move coming up for Bitcoin. My "insiders" tell me that there could be a dramatic drop followed by a good run up.
And mind me when I say dramatic it's a big move. I suggest setting up lower buys at low leverage and close all high leveraged trades.
And mind me when I say dramatic it's a big move. I suggest setting up lower buys at low leverage and close all high leveraged trades.
Coin of the year 2019
Well the time is here. You all did wait for this. I hope this pick of mine has matched your expectations and also do share it with all your friends and all possible groups you can post this on. Spread the word about @hashedplutus.
Well the time is here. You all did wait for this. I hope this pick of mine has matched your expectations and also do share it with all your friends and all possible groups you can post this on. Spread the word about @hashedplutus.
๐จHashed News Update
Happy New Year Plutusites! Let the coming year bring prosperity and hell loads of learning.
๐Congratulation! 10th Anniversary of the Genesis Block
๐ฐ๐ทSouth Korea Ends Year With 6 Bills to Regulate Cryptocurrency Industry
โ 2018 Was the Reality Check. 2019 Starts the Crypto Comeback
๐Singapore Crypto Exchange Switcheo Announce SDUSD Stablecoin Support
๐จ๐ณ63% Of Chinese Respondents Think Bitcoin and Cryptocurrencies Are Unnecessary
๐นDow Jones Futures Rally More than 200 Points on US-China Trade Talk Optimism
๐ฌ๐งUK Regulators Still Probing 18 Businesses Over Cryptocurrency Dealings
๐Huobi to Launch EOS Exchange and Add EOS to Huobi DM
๐ฒBlockchain Projectโs Big Ideas Include Bike That Can Mine Crypto as You Cycle.
โ๏ธIran Labels Telegramโs Coin a Threat to National Security
๐ธBakkt Completes First Round of Funding โ Raises $182.5 Million
Happy New Year Plutusites! Let the coming year bring prosperity and hell loads of learning.
๐Congratulation! 10th Anniversary of the Genesis Block
๐ฐ๐ทSouth Korea Ends Year With 6 Bills to Regulate Cryptocurrency Industry
โ 2018 Was the Reality Check. 2019 Starts the Crypto Comeback
๐Singapore Crypto Exchange Switcheo Announce SDUSD Stablecoin Support
๐จ๐ณ63% Of Chinese Respondents Think Bitcoin and Cryptocurrencies Are Unnecessary
๐นDow Jones Futures Rally More than 200 Points on US-China Trade Talk Optimism
๐ฌ๐งUK Regulators Still Probing 18 Businesses Over Cryptocurrency Dealings
๐Huobi to Launch EOS Exchange and Add EOS to Huobi DM
๐ฒBlockchain Projectโs Big Ideas Include Bike That Can Mine Crypto as You Cycle.
โ๏ธIran Labels Telegramโs Coin a Threat to National Security
๐ธBakkt Completes First Round of Funding โ Raises $182.5 Million
Hashed Platform
You all know I don't shill stuff. This one is legit amazing.
Guys anyone read on Publish0x?
It's a new platform where you can tip authors for good content. The best part is if you tip them you don't pay from your pocket. It's from the company. Also you get a part of the fee that the company pays them. You earn helping others grow. Go sign-up on the platform and support good authors.
https://www.publish0x.com/hashed-plutus/2019-wouldnt-have-the-best-things-at-store-xmoy
You all know I don't shill stuff. This one is legit amazing.
Guys anyone read on Publish0x?
It's a new platform where you can tip authors for good content. The best part is if you tip them you don't pay from your pocket. It's from the company. Also you get a part of the fee that the company pays them. You earn helping others grow. Go sign-up on the platform and support good authors.
https://www.publish0x.com/hashed-plutus/2019-wouldnt-have-the-best-things-at-store-xmoy
Publish0X
2019 wouldn't have the best things at store
GLOBAL PERSPECTIVESFor I dont see any signs of near future trend reverse, but I would like to show you some interesting points on monthly timeframe:
MARKET REVIEW
I would like to congratulate our dear subscribers with New Year!Wish you strong health...
MARKET REVIEW
I would like to congratulate our dear subscribers with New Year!Wish you strong health...
๐ธHashed Education๐ธ
It's a new year and the market is going sideways. A typical day in the crypto sphere. We decided why not use this opportunity to teach you all about one of most important aspects of being a day trader.
Keep in mind that if you use a position size for your trades, RISKING only 1% of your Portfolio per trade aiming for a RISK:REWARD of 1:3, your Breakeven Win Rate is 25%...
This means that you can actually lose 75 times out of 100 trades and win only 25 without being in loss. You would break even.
If you improve your win ratio to 50 winning trades out of 100 (still aiming for 1:3 R:R) and lose same amount of trades (50), you will still double up your portfolio which will be 100% up!!!
Let's do the math (this is not a compound strategy example):
My portfolio is worth $10,000. I want to make 100 trades with R:R=1:3 so 1% RISK ($100) to win 3 times REWARD ($300).
First 50 trades are winners then the other 50 trades are losers.
๐ Portfolio = $10,000
๐ 50 win trades * $300 = $15,000
๐ช 50 losers trades * $100 = -$5,000
๐ค $10,000+$15,000-$5000= $20,000 (My portfolio is now 100% UP and I lost 50 trades out of 100!!!)
Learning Outcome: Losing a trade is NOT the end of the world if you are following a plan with a risk management and a position sizing strategy!
@hashedplutus Baby!
It's a new year and the market is going sideways. A typical day in the crypto sphere. We decided why not use this opportunity to teach you all about one of most important aspects of being a day trader.
Keep in mind that if you use a position size for your trades, RISKING only 1% of your Portfolio per trade aiming for a RISK:REWARD of 1:3, your Breakeven Win Rate is 25%...
This means that you can actually lose 75 times out of 100 trades and win only 25 without being in loss. You would break even.
If you improve your win ratio to 50 winning trades out of 100 (still aiming for 1:3 R:R) and lose same amount of trades (50), you will still double up your portfolio which will be 100% up!!!
Let's do the math (this is not a compound strategy example):
My portfolio is worth $10,000. I want to make 100 trades with R:R=1:3 so 1% RISK ($100) to win 3 times REWARD ($300).
First 50 trades are winners then the other 50 trades are losers.
๐ Portfolio = $10,000
๐ 50 win trades * $300 = $15,000
๐ช 50 losers trades * $100 = -$5,000
๐ค $10,000+$15,000-$5000= $20,000 (My portfolio is now 100% UP and I lost 50 trades out of 100!!!)
Learning Outcome: Losing a trade is NOT the end of the world if you are following a plan with a risk management and a position sizing strategy!
@hashedplutus Baby!
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
MARKET ANALYSIS Continuing the currwnt bearish trend i think we might see adip towards the $3610 levels as we enter into 2019. I reccomend opening shorts keeping in mind the Risk : Reward Ratio. https://www.tradingview.com/x/2dZoz3x5/
As expected we did take a dip. Shorts well fired. Update stop loss to ensure safe profits.
Potato's Portfolio
First day of the year and I have decided to show you some diversified portfolios that you can consider imitating.
Bitcoin - 25%
Experts will argue on this one because most reccommeded having at least one-third of the portfolio in BTC but as I said we have a bear year at hand and I expect lower lows to come.
Ethereum - 10%
This giant isn't dead yet. The upgrades in protocol Buterin has promised surely makes it worth holding.
Dollar - 15%
Now you probably would wanna laugh at my face for having fiat in the portfolio. But I have a strong feeling that the first quarter will be bearish so it's best to keep adding in the dip.
Binance coin - 10%
Do you actually need an explanation for this? Bish it's the coin of the year
Waves - 10%
This coin has been all over the news lately and purely for good reasons. The platform coin has a bright year ahead.
Tron - 10%
Tron has had to face a shot ton of memes but Justin Sun has proved that he is here to stay. The uTorrent and all amazing updates he has been sending in has surely given the token a boost. 2019 seems to be a prominent year for this one.
Polymath - 5%
Security tokens are on the rise but this one has always caught the attention of the critics. Only because of its tireless team who have done great at the protocol.
Wanchain - 5%
Now I might be slightly biased towards this one. But which community wouldn't like a team that completes roadmap in time? They have always kept up with the promises and a hell lot of amazing things ahead for them.
Ripple - 5%
The bankster's coin. I know it's centralized and other things but with the amount of acceptance it has gained with the big wigs toy surely wouldn't wanna miss this pick.
Stellar - 5%
Yeah I do have a soft corner for this one. They have an amazing project that has huge potential only because of the technology they are adopting. Also they have lately been in a lot of talks by the Silicon Valley.
Absolutely Mashed Baby!
@hashedplutus
First day of the year and I have decided to show you some diversified portfolios that you can consider imitating.
Bitcoin - 25%
Experts will argue on this one because most reccommeded having at least one-third of the portfolio in BTC but as I said we have a bear year at hand and I expect lower lows to come.
Ethereum - 10%
This giant isn't dead yet. The upgrades in protocol Buterin has promised surely makes it worth holding.
Dollar - 15%
Now you probably would wanna laugh at my face for having fiat in the portfolio. But I have a strong feeling that the first quarter will be bearish so it's best to keep adding in the dip.
Binance coin - 10%
Do you actually need an explanation for this? Bish it's the coin of the year
Waves - 10%
This coin has been all over the news lately and purely for good reasons. The platform coin has a bright year ahead.
Tron - 10%
Tron has had to face a shot ton of memes but Justin Sun has proved that he is here to stay. The uTorrent and all amazing updates he has been sending in has surely given the token a boost. 2019 seems to be a prominent year for this one.
Polymath - 5%
Security tokens are on the rise but this one has always caught the attention of the critics. Only because of its tireless team who have done great at the protocol.
Wanchain - 5%
Now I might be slightly biased towards this one. But which community wouldn't like a team that completes roadmap in time? They have always kept up with the promises and a hell lot of amazing things ahead for them.
Ripple - 5%
The bankster's coin. I know it's centralized and other things but with the amount of acceptance it has gained with the big wigs toy surely wouldn't wanna miss this pick.
Stellar - 5%
Yeah I do have a soft corner for this one. They have an amazing project that has huge potential only because of the technology they are adopting. Also they have lately been in a lot of talks by the Silicon Valley.
Absolutely Mashed Baby!
@hashedplutus
Hashed Education
Now you all really wanted this one. Here you go. Do share it and subscribe for more.
https://youtu.be/4GCpvzTD8H0
Now you all really wanted this one. Here you go. Do share it and subscribe for more.
https://youtu.be/4GCpvzTD8H0
YouTube
How To Use The Fibonacci Retracement Tool
Do you trade stocks or cryptocurrencies? Would you like to know more about this amazing technology that is at the cusp of the big boom? Hit the subscribe but...
Ripple 4H Long Call
Ripple has shown great stability as compared to the other alts in the top 10 and has also come in great news with Visa taking over Ripple's Partner.
Going by the chart I see that the 50 MA and the 100 MA could have a cross in a couple of hours and in turn make a bullish swing. We have some overhead resistance at the 40 cents mark.
MACD is also showing bullish divergence. All in all it seems to be a bullish scenario. Load in the LONGS and ensure you keep the R:R in mind.
https://www.tradingview.com/x/GpdMgXh6/
Ripple has shown great stability as compared to the other alts in the top 10 and has also come in great news with Visa taking over Ripple's Partner.
Going by the chart I see that the 50 MA and the 100 MA could have a cross in a couple of hours and in turn make a bullish swing. We have some overhead resistance at the 40 cents mark.
MACD is also showing bullish divergence. All in all it seems to be a bullish scenario. Load in the LONGS and ensure you keep the R:R in mind.
https://www.tradingview.com/x/GpdMgXh6/
Hashed News Update
๐ปThe US & China Trade War is Nothing, Worry About Business and Bank Failures in 2019
๐ธ๐งจHacker Group: Pay Bitcoin Ransom or Weโll Release 9/11 Papers
๐ฟ๐ฆSouth African Officials Create Regulatory Working Group Dedicated to Cryptocurrencies.
๐ณSaudi Customs Pilots Shipment Tracking on the Blockchain
๐คฎJustin Sun Reacts To Claims TRON Cryptocurrency Tech is โGarbageโ
๐ฃThe New World Reserve Currency Will Invariably Be Bitcoin
๐ตโโ๐ฎโโNew York Assemblyman Announces Creation of โFirstโ US Cryptocurrency Task Force
โ ๏ธBitcoin Cash: Single Mining Pool Controls 50% of Hashrate
๐Thai National Tech Development Center to Introduce Blockchain in Voting.
๐ปThe US & China Trade War is Nothing, Worry About Business and Bank Failures in 2019
๐ธ๐งจHacker Group: Pay Bitcoin Ransom or Weโll Release 9/11 Papers
๐ฟ๐ฆSouth African Officials Create Regulatory Working Group Dedicated to Cryptocurrencies.
๐ณSaudi Customs Pilots Shipment Tracking on the Blockchain
๐คฎJustin Sun Reacts To Claims TRON Cryptocurrency Tech is โGarbageโ
๐ฃThe New World Reserve Currency Will Invariably Be Bitcoin
๐ตโโ๐ฎโโNew York Assemblyman Announces Creation of โFirstโ US Cryptocurrency Task Force
โ ๏ธBitcoin Cash: Single Mining Pool Controls 50% of Hashrate
๐Thai National Tech Development Center to Introduce Blockchain in Voting.
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
Ethereum has no stopping Binance just confirmed they will be supporting the fork. What's better? Also the chart looks juicy AF. Looks like $150 was a joke. I see an Elliott Wave that extends to $215 levels you better know what we are looking at.
Well it did turn out to be a joke. We did exceptional on this trade.
You surely loved the timing didn't you? Let's not get greedy and push stops higher
You surely loved the timing didn't you? Let's not get greedy and push stops higher
Market Analysis
Now at this point of time I would say it's a rekt rekt situation. No clear bull or bear. Either was if you long the manipulation will probably kick you out and have a bad trade, If you were to short you would regret the scammy Bitmex making a short squeeze.
Here at Hashed Plutus we look for safe trades. Not just random calls. We care for your funds as much as we do for ours.
Hence I call this a NO TRADE ZONE.
Stay safe.
Now at this point of time I would say it's a rekt rekt situation. No clear bull or bear. Either was if you long the manipulation will probably kick you out and have a bad trade, If you were to short you would regret the scammy Bitmex making a short squeeze.
Here at Hashed Plutus we look for safe trades. Not just random calls. We care for your funds as much as we do for ours.
Hence I call this a NO TRADE ZONE.
Stay safe.
EOS/USD 4H Consolidating
The EOS team would've be on cloud nine when when the Chinise analysis from a centralized source gave them the best platform rating and ranked them over Ethereum.
As for the charts there seems to be consolidation on the 4 hour time frame. We have seen a nice bounce from the 50 MA and are sticking well between $1.80 and $3.40. We can see that once we break from the Triangle in the upward direction we can see a nice bull run set up for EOS. There are a lot of supports in the bottom and minimalistic resistance at higher levels.
Thus once bullish is confirmed we could possibly rally near $5.
https://www.tradingview.com/x/U0nUZAvb/
The EOS team would've be on cloud nine when when the Chinise analysis from a centralized source gave them the best platform rating and ranked them over Ethereum.
As for the charts there seems to be consolidation on the 4 hour time frame. We have seen a nice bounce from the 50 MA and are sticking well between $1.80 and $3.40. We can see that once we break from the Triangle in the upward direction we can see a nice bull run set up for EOS. There are a lot of supports in the bottom and minimalistic resistance at higher levels.
Thus once bullish is confirmed we could possibly rally near $5.
https://www.tradingview.com/x/U0nUZAvb/
What's better than having spicy gossip and a daily soap of drama surface over your screen when you lay down to sleep.
But being a part of the world economy it's a must we stay updated. We need to analysis the news and react accordingly.
https://www.bloomberg.com/news/features/2018-10-04/the-big-hack-how-china-used-a-tiny-chip-to-infiltrate-america-s-top-companies
But being a part of the world economy it's a must we stay updated. We need to analysis the news and react accordingly.
https://www.bloomberg.com/news/features/2018-10-04/the-big-hack-how-china-used-a-tiny-chip-to-infiltrate-america-s-top-companies
Bloomberg.com
China Used a Tiny Chip in a Hack That Infiltrated U.S. Companies
The attack by Chinese spies reached almost 30 U.S. companies by compromising America's technology supply chain.
Big News
I don't know this looks way too obvious. If it turns out to be what we are anticipating then well you probably know the rest.
https://twitter.com/_pivx/status/1081382256739078145
I don't know this looks way too obvious. If it turns out to be what we are anticipating then well you probably know the rest.
https://twitter.com/_pivx/status/1081382256739078145
Twitter
PIVX
A long awaited addition to the #PIVX arsenal is coming #soon!