Selling some FTM here. Kickass profits.🤙🏻

Dumped it all :)

Yeah we're banging em all

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

Something doesn't feel right about the market. I sold all my positions. And have am planning to enter lower.

I might be wrong but I would rather enter later.

Decisions decisions.

We saved our capital again alhamdullilah.

Slowly re-entering the market. Purely spot positions for now.

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%

We mooning right?
Yes sir!

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.

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.

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.

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.

The longest audio I've ever sent. But this was necessary.

Shedding light on the recent action in the markets and a few long term projections. Forgive my rushed pace.

🎓#MashedMarket 🎓
🎓 $ETH / USDT - View Chart

🔸Signal Info: Ethereum
Rank: #2
Exchange: Binance
Direction: LONG

🔸Analysis: What we have here today is an overlay with two class 1 competitors. Ethereum and Ripple. The chart compares their percentage gains since the start of the year. XRP is heavily undervalued right now, yes, but we can see some correlation to Ether. Not exactly inverted, sometimes late, sometimes in sync.

Earlier the pump cycle went off first on Ether (02 Jan). XRP went off (06 Jan), and both pairs sold off good profits on 10 Jan (±65%🤯).

Following that cooldown, both pairs went into a bullish uptrend, stopped short on both charts by the classic wedge formations, these, however, differ on the pairs. ETH #rising_wedge, XRP almost #symmetrical_triangle, especially early on. Your classic technical analysis will reveal why traders got so bullish on XRP over the last two days.

Ether is still range-bound, approaching buy zone. Professional traders will dump XRP, buy ETH as we wick out in buy zones. XRP has enormous upside, but right now, we should build long on ETH.
We are expecting growth of about 60% on the next ETH cycle.

🔸Current Price: $1 352
❇️Entry: $1 330, $1 299
♦️Stop Limit: $1 277sats (-5%)

Follow us on tradingview

What if I told you I transferred all my Tether from the cold storage and market bought LTC and ETH 30 minutes ago?
Would that be enough to convince you how bullish I am on these two?

Dump the BNB cold storage bags here. Claim all the staked BNB and start taking profits.

Also, XRP is such a party pooper.

All the way from $35 to $50.

Why sell at $50?

Psychological resistance.

PXI and Ripple - 2 day performance - View Chart

As XRP is cooling down after a hot day. Many traders look back at those candles with awe. XRP tagging 75c?! No way.
Ripple reached that high, setting the weekly high at +150% profit, but only for a moment.

PXI Trading indicator secured about ±140% profit on spot in 2days 14h. Stunning performance in these volatile markets. Tools like this can amplify a traders portfolio.

Get access at HashedPlutus.com