Okay I'm buying more on this dip. I'll be pushing for altcoins.
Mainly LTC ETH XRP BNB EOS
Morning trigger orders filled only 25% of my wallet. Now I'm adding in another 50% of my portfolio to altcoins. Might go slightly lower but I'm bullish on them. Especially Litecoin and EOS.
Remember, I'm playing on spot market on these holds. If you have the composure for leverage trades, go in for a 3x scoop.
I sold last night because ETH hit ATH so the resistance was expected. But look back at $750 ranges. Too time and then blasted off. I'm expecting the same now.
RECOMMENDATIONS
ETH - $1260-$1335
LTC - $144 - $148
EOS - $2.65 - $2.75
Mainly LTC ETH XRP BNB EOS
Morning trigger orders filled only 25% of my wallet. Now I'm adding in another 50% of my portfolio to altcoins. Might go slightly lower but I'm bullish on them. Especially Litecoin and EOS.
Remember, I'm playing on spot market on these holds. If you have the composure for leverage trades, go in for a 3x scoop.
I sold last night because ETH hit ATH so the resistance was expected. But look back at $750 ranges. Too time and then blasted off. I'm expecting the same now.
RECOMMENDATIONS
ETH - $1260-$1335
LTC - $144 - $148
EOS - $2.65 - $2.75
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
Morning! Here's my Binance folio. The breakdown is as follows. USDT - 33.33% BNB - 24.54% EOS - 13.56% LTC - 9.87% HBAR - 9.59% TRX - 9.11% Planning to hold them mid term and add them to my cold. I'll drop a short term list soon. Happy bargain shopping.
Offloaded HBAR from the cold wallet and closed around $0.1 apiece. Close to 100% profit from the entry.
Yeah, holding ain't that bad 😅
Cheers to anyone that followed
Yeah, holding ain't that bad 😅
Cheers to anyone that followed
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
Slowly, very slowly scalping a few altcoins. BTC dominance is dropping and alts look primed for a run up. Pro tip: Use PXI in the 40/60/240 settings for best entries right now.
Update:
Reduced the USDT position (down to 40%) and added a few more altcoins.
Market in Green are holds.
Red are scalps.
The market will remain choppy for the next two days but altcoins seems promising. Remember to only invest as much as your risk appetite can handle.
Cheers. Happy weekend
Reduced the USDT position (down to 40%) and added a few more altcoins.
Market in Green are holds.
Red are scalps.
The market will remain choppy for the next two days but altcoins seems promising. Remember to only invest as much as your risk appetite can handle.
Cheers. Happy weekend
Sunday Education
Using leverage the right way
I welcome all the new members. Glad to see the channel grow every day. We'll discuss the leverage slider today.
Binance has spoilt us with leverage all the way up to 125x which is seriously concerning. Ignoring all the mathematics and going by the rough estimate, a $100 with 125x gives you $12,500 in purchasing power. If used well and timed perfectly, you are in for a massive payday. But going purely by experience, most of my trades with leverage over 30x came in my very amateur period of future. As expected, most turned out badly.
Why don't I use high leverage?
I'll be honest, I don't know how the market is going to perform. Got no crystal ball here. The higher the leverage, the closer the liquidations. In some less volume pairs, a single whale with a mere $100,000 wallet can make it move by 5% in a jiffy. That's the risk. Wiping out or blowing up your account isn't a great feeling. If you want the kick of it, put in $100 in a separate gambling account and play around. Don't use your main account for any crazy trading.
Consider a small portfolio of just $1000. The trader plans his trade and trades his plan. Goes in with 5x knowing that the market would bounce around his entry level for a few days and might as well get stopped out. But he isn't blowing up. He's using the power well. Slowly climbing the ladder.
Lesson
I personally stuck to spot trading or 3x in the last month and it's payed off well. I know someone surely can make the same gain in a single day with 100x lev. But I like my peaceful nights sleep and stress-free days.
Stay blessed fam.
@hashedplutus
Using leverage the right way
I welcome all the new members. Glad to see the channel grow every day. We'll discuss the leverage slider today.
Binance has spoilt us with leverage all the way up to 125x which is seriously concerning. Ignoring all the mathematics and going by the rough estimate, a $100 with 125x gives you $12,500 in purchasing power. If used well and timed perfectly, you are in for a massive payday. But going purely by experience, most of my trades with leverage over 30x came in my very amateur period of future. As expected, most turned out badly.
Why don't I use high leverage?
I'll be honest, I don't know how the market is going to perform. Got no crystal ball here. The higher the leverage, the closer the liquidations. In some less volume pairs, a single whale with a mere $100,000 wallet can make it move by 5% in a jiffy. That's the risk. Wiping out or blowing up your account isn't a great feeling. If you want the kick of it, put in $100 in a separate gambling account and play around. Don't use your main account for any crazy trading.
Consider a small portfolio of just $1000. The trader plans his trade and trades his plan. Goes in with 5x knowing that the market would bounce around his entry level for a few days and might as well get stopped out. But he isn't blowing up. He's using the power well. Slowly climbing the ladder.
Lesson
I personally stuck to spot trading or 3x in the last month and it's payed off well. I know someone surely can make the same gain in a single day with 100x lev. But I like my peaceful nights sleep and stress-free days.
Stay blessed fam.
@hashedplutus
Entered the market comfortably now.
Thoughts:
Bitcoin dominance hit the neckline resistance. Market is going to heat up now. I still don't recommend futures or leverage positions. Stick to spot and keep accumulating your favourite coins. This next week is going to be extremely bullish in my opinion. Especially for major altcoins like ETH and LTC. Litecoin has a pending move and it could be massive. I reckon a move all the way up towards $200.
USDT - 22%
BTC - 19.37%
LTC - 14.59%
ETH - 11.47% (open orders to add)
BAND - 10.94%
ADA - 10%
FIL - 9%
Thoughts:
Bitcoin dominance hit the neckline resistance. Market is going to heat up now. I still don't recommend futures or leverage positions. Stick to spot and keep accumulating your favourite coins. This next week is going to be extremely bullish in my opinion. Especially for major altcoins like ETH and LTC. Litecoin has a pending move and it could be massive. I reckon a move all the way up towards $200.
USDT - 22%
BTC - 19.37%
LTC - 14.59%
ETH - 11.47% (open orders to add)
BAND - 10.94%
ADA - 10%
FIL - 9%
Binance Spot portfolio update
Ethereum holding are up to a third of my account right now.
Litecoin is my second largest holding. It's going to break out with ETH or with a delay. But it's gonna break out well.
I'm holding FIL for the GrayScale effect to factor in.
BAND and ADA have a strong 1D chart and can show reaction moves.
Ethereum holding are up to a third of my account right now.
Litecoin is my second largest holding. It's going to break out with ETH or with a delay. But it's gonna break out well.
I'm holding FIL for the GrayScale effect to factor in.
BAND and ADA have a strong 1D chart and can show reaction moves.
Okay, so here's what happened. The market tanked a little. Everyday moves. If you managed to sell and scalp a few extra coins, that's fantastic. If you were like me who held, congrats on not losing anything.
I find it unnecessary to trade every single move a coin makes. I'm looking at the larger picture right now. A blast out of current levels taking LTC towards $200 and ETH towards $1,800. I don't mind losing a few trades here and there for the time I get to spend with my family, to unwind and do things I love.
Remember, the sole motive of earning money is to enjoy it. No point in hording it. You don't need to be a billionaire. You can be happy with enough money to life off comfortably from your passives.
Cheers mate. May the lord bless us.
I find it unnecessary to trade every single move a coin makes. I'm looking at the larger picture right now. A blast out of current levels taking LTC towards $200 and ETH towards $1,800. I don't mind losing a few trades here and there for the time I get to spend with my family, to unwind and do things I love.
Remember, the sole motive of earning money is to enjoy it. No point in hording it. You don't need to be a billionaire. You can be happy with enough money to life off comfortably from your passives.
Cheers mate. May the lord bless us.
Thoughts
The market might see a correction here. I'm not making any trades. Just a word of caution. Hedge your position or reduce your size. And keep calm.
The market might see a correction here. I'm not making any trades. Just a word of caution. Hedge your position or reduce your size. And keep calm.
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
Closed my hedge short and did well on it. Back in ETH spot. Would have liked to get some LTC and BTC too. I'll be adding them when I move some USDT from my cold.
Worth the wait.
Everyone were scrambling around like headless chickens while we bought $1,250 levels. Didn't catch the absolute bottom but hey that's so much better than buying higher.
I see this going much higher. It's going to blast through ATH soon. Just hold on to it with your dear life.
Everyone were scrambling around like headless chickens while we bought $1,250 levels. Didn't catch the absolute bottom but hey that's so much better than buying higher.
I see this going much higher. It's going to blast through ATH soon. Just hold on to it with your dear life.