Interacting in the Financial market generally definitely pose difficulties to most newbie and pro traders while a few end up being profitable and some giving up along the line
Crypto trading specifically come with some risk which can be curtailed
A Thread๐งต Like & RT for Chads
How to succeed trading shitcoins: A beginner's guide.
You Won't Miss The $BOME & $WIF On Solana If You Do All
@NotEezzy made a little long tweet on how to degen, which is very helpful, and I took my time to create a guide for newbies.
1. Don't Fade Strength
Usually, when a chart looks bullish, there is a good reason for it. You don't want to fade a bullish looking chart because it was cheaper an hour ago. You can wait for a retracement or enter and DCA down but don't completely fade.
2. Understand capital utilisation
The larger the market cap of a shitcoin, the more position or % of the token you should be holding
3. Volume is an act of value
You need to understand how well dips are eaten up when looking for reversals on dumps. You want to factor in its historical volume. If you are trading new pairs, you also want to be looking at the current volume.
4. Take Profits
Considering the volatility of shitcoins, it's prudent to secure profits and at least recoup your initial investment within the first 2-4x gain. You can sell gradually as the price increases or based on chart signals of invalidation. Having a solid plan is essential.
5. Record or take note of everything
To accelerate your progress, document everything in a journal and spreadsheet. Use the spreadsheet to monitor your trades and the journal to note your emotions, reasons for trading, and key insights gained.
6. Be comfortable with losses
Initially, expect to incur losses as you begin trading. Accept this reality and proceed cautiously. If you feel anxious about a trade, it's likely that you've allocated too much capital.
7. Trade Less but research more
As you begin, avoid entering multiple trades simultaneously. Instead, proceed gradually and allocate more time to observing the price action of shitcoins. This process cultivates valuable experience and intuition, which are essential for success.
8. The missor
It's impossible to catch every mooning opportunity. It's acceptable to miss out sometimes. I've made regrettable trades in the past by succumbing to revenge trading or FOMO after missing out. Learn from my mistakes and avoid repeating them.
9. Low Volume weekends
On weekends (especially Sunday), volume is usually pretty low, so if you want to take a break, weekends are probably something to note.
10. Find your expertise or what you love to do
Avoid attempting to do everything at once. Overextending yourself will likely lead to financial losses. Instead, focus on learning, and you'll discover that you excel in one specific type of play or strategy.
Work with what you are good at. There are many ways to make it in shitcoins. You don't have to learn all of them. Just learn one strategy well.
11. Tools to use
Most importantly, get a telegram bot and sniper and a contract checker.
12. DCA down
You don't have to ape all your bags at once. You can always DCA down while chart dumps. DCA won't work every time, but it is important and for a better entry.
13. Take Profits Out. The Most Out Of Crypto
Once you've made substantial profits, consider withdrawing some funds to improve your quality of life. Many people suffer losses because they reinvest their profits into larger trades, leading to eventual losses.
14. Understanding Liquidity Ratio To Marketcap
Consider the liquidity of a token relative to its market capitalization. Tokens with higher liquidity require more capital to push the price up. Having substantial liquidity is advantageous for entering trades with significant positions, as it minimizes slippage. Conversely, lower liquidity translates to lower trading volume.
Over $4.9billion in TVL across all active GameFi projects.
Here is why @AetherGamesInc should never be faded
Letโs delve in ๐
It used to be difficult to mix casual gaming with Defi but over the years there have been big improvements and @AetherGamesInc are all set to crack the code for good.
Aether games have come a long way delivering the best along the way as they are the first to bridge smoothness and maximum excitement in gameplay for any kind of web2 and web3 players.
With a proven track record of over 500 games that have influenced the gaming world, #AetherGames have made a strong case for themselves.
From Star Wars, Hearthstone, and God of War to League of Legends, they have created the best, compelling games that we all love.
They are not just the best at what they do, they also look for ways to break more boundaries...
Aether currently have a $40,000 @zealy_io Competition which is Live with about 3,500 winners ๐ to be selected.
1st Place: $1000 in tokens + Legendary NFT + Warrior NFT Box
2nd Place: $750 in tokens + Epic NFT + Warrior NFT Box
3rd Place: $500 in tokens + Rare NFT + Warrior NFT Box
To participate, ๐ https://t.co/PpSIpnThji
THIS IS JUST THE BEGINNING.
@AetherGamesInc has a vision of creating a cinematic world (@AetherSaga), that cuts across 3D dark fantasy trading cards as well as the adventure genre.
@AetherSaga is a Dark Fantasy adventure game involving mystical realms and epic challenges.
It has an immersive storyline that will keep you hooked.
Aether's roadmap also includes physical products such as tabletop card games and other merchandise.
Diversity drives the theme, from casual gamers to Esports professionals, inclusivity and a broad appeal are Aetherโs main targets.
INTRODUCING AETHER TRADING CARD GAME (TCG)
With #AetherGames focus on gameplay and innovative blockchain tech, web3 gamers are in for a treat on this one.
Imagine a Dark fantasy world where you get to dominate the battlefield in thrilling battles, craft your very own cards, and use Aetherโs $AEG token to mint your creations as NFTs!
@AetherTCG is the newly launched trading card game that offers a plug-and-play experience with various game modes, including team fights, PvE campaigns, and asymmetric PvP.
@AetherTCG is currently in early access on Epic games but will soon be out on PlayStation, Xbox & mobile.
You know a project means business when it generates over $3 Million from a presale and you can be sure of opportunities.
@AetherGamesInc NFT holder exclusive presale has ended with over 3M $AEG being sold out moments after mint.
That might be over but youโve still got a chance to be part of Aetherโs TGE โToken Generation Eventโ
Itโs advisable to move now that Aether is still in its early stages to get maximum potential.
You donโt want to miss out on early user bonuses/incentives before TGE takes off in February.
Presale for early birds: https://t.co/xFDApQyxGp
Aether is set to become the next big thing in Gamefi and all of web3.
You've seen the opportunities now.
What are you waiting for?
Start your adventure now!: https://t.co/iVMAe8HYij
For more info visit ๐:
Website: https://t.co/WKt0zFIxvN
Twitter: https://t.co/6ya4GASG0O
๐๐๐๐ค๐ฅ๐ฒ ๐๐ซ๐ฒ๐ฉ๐ญ๐จ ๐๐๐๐ ๐๐ข๐ ๐๐ฌ๐ญ: ๐๐ก๐ ๐ฅ๐๐ญ๐๐ฌ๐ญ ๐ก๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ
In the land of greens and the city of gains, the destiny of your portfolio lies on the shoulders of an individual named YOU ๐ซต
The just concluding week came with a lot of dollars and massive printing from left to right; I hope you are taking action
Well, as usual, it is that time again when I bring to you recent updates in the market which you might have missed during the course of the week
โฃ ๐๐จ๐ง๐ญ๐ซ๐จ๐ฏ๐๐ซ๐ฌ๐ฒ ๐๐ซ๐๐ ๐ฌ
โฃ ๐๐ซ๐จ๐ฃ๐๐๐ญ ๐๐ฉ๐๐๐ญ๐๐ฌ ๐
โฃ ๐๐ฆ๐ฉ๐จ๐ซ๐ญ๐๐ง๐ญ ๐๐๐๐๐ฌ ๐
โฃ ๐๐จ๐ง๐ญ๐ซ๐จ๐ฏ๐๐ซ๐ฌ๐ฒ ๐๐ซ๐๐ ๐ฌ
โข @Bitcoin inscriptions have been added to the US National Vulnerability database
โข @ewarren introduces bills to crack down on crypto
โข @FIFAcom drops an NFT collection on Polygon which offers a chance to be at the World Cup finals
โข @kucoincom pays $22M and exits the New York markets
โข China adopts Blockchain technology by using it to verify citizens' identity
โข @Gemini Genesis plans a Reorganization
โข @tether freezes wallet of the Ledger Library exploiter
Is this a good thing or bad thing?
Does this preach decentralization or should be just overlook it?
โข @Ripple issues white paper on CBDCs
โข FED leaves rates unchanged at 5.25-5.5%
โข FOMC median forecast shows 75BPS or rate cuts in 2023 to 4.6%
โฃ ๐๐ซ๐จ๐ฃ๐๐๐ญ ๐๐ฉ๐๐๐ญ๐๐ฌ ๐
โข @KusaTech is about to release their binary prediction platform
@bonk_inu gets listed on @binance. This pushed its market cap by almost 300% hitting a $2B FDV
Well, lots of people coped, type your frustration in the comment section below ๐๐พ
โข @fusionistio to be listed on @binance
โข @worldcoin integrates Minecraft, Reddit, Telegram, Shopify, and Mercado libre
โข @cronosnetwork launching zkEVM
โข @avax hosts the @FIFAcom subnet
โข @BRC20com gets listed on @MEXC_Official
The best time to bid was yesterday, and the second best time is now, start bidding
โข @RDNTCapital integrates sDAI into their protocol
โข @hypr_network bridge exploited
โข @okx dex exploited for $2.76M
โข @yearnfi Treasury $yCRV incures a massive loss due to script
โข Line raises $140M to expand NFT venture
โข @binance to list $SATS with a seed tag
@binance announces @fusionistio launchpool
โฃ ๐๐ฆ๐ฉ๐จ๐ซ๐ญ๐๐ง๐ญ ๐๐๐๐๐ฌ ๐
โข 10 Crypto predictions for 2024 by @bitwise
https://t.co/1Xhsk7NH1G
โข How to bridge the gap between DeFi and TradFi
https://t.co/cNdheKtRpg
โข A broad dive into RWA BY @PinkBrains_io
https://t.co/oy7H3iJXIz
โข @coingecko masterclass by @ModestusOkoye
https://t.co/qWNTULBx4k
โข An overview into INTENT VERTICAL by @rainandcoffee
https://t.co/pOU8svSU22
โข The benefits and challenges of Enshrined Zk-EVMs at Layer 1 by @VitalikButerin
https://t.co/7vQCN2pldu
Once again, this would be the end of another NEWS segment
if you gained, like I hope you did kindly give a like, retweet and your comments are important to me
You can also bookmark for future references
Catch you on the next one. BYE๐๐โค๏ธ
Congratulations if youโve made it this far
Weโre about to enter the realm of stupid crazy onchain
1m toppers will now be 10m tops
10m toppers will now be 100m tops
30m toppers will now be 300m tops
100m toppers will now be multi-billion tops
Welcome to the Bull Market ๐ซก
It is an honour and with the deepest humility that I step into the role of Binanceโs new CEO.
We operate the world's largest cryptocurrency exchange by volume. The trust placed on us by our 150m users and thousands of employees is a responsibility that I take seriously and hold dear.
With CZ, and our leadership teamโs support, I have accepted this role so that we can continue to meet and exceed the expectations of stakeholders while achieving our core mission, the freedom of money.
The foundation on which Binance stands today is stronger than ever.
To ensure a bright future, I intend to use everything Iโve learned over the past three decades of financial services and regulatory experience to guide our remarkable, innovative, and committed team.
My focus will be on:
1) reassuring users that they can remain confident in the financial strength, security and safety of the company
2) collaborating with regulators to uphold high standards globally that foster innovation while providing important consumer protections
3) working with partners to drive growth and adoption of Web3
We are here to stay. Please lend me your support. Excited for the days ahead!
Today, I stepped down as CEO of Binance. Admittedly, it was not easy to let go emotionally. But I know it is the right thing to do. I made mistakes, and I must take responsibility. This is best for our community, for Binance, and for myself.
Binance is no longer a baby. It is time for me to let it walk and run. I know Binance will continue to grow and excel with the deep bench it has.
Iโm pleased to announce that @_RichardTeng, our now former Global Head of Regional Markets, has been named the new CEO of Binance today.
Richard is a highly qualified leader and, with over three decades of financial services and regulatory experience, he will navigate the company through its next period of growth. He will ensure Binance delivers on our next phase of security, transparency, compliance, and growth.
Prior to joining Binance, Richard was CEO of the Financial Services Regulatory Authority at Abu Dhabi Global Market (ADGM); Chief Regulatory Officer of the Singapore Exchange (SGX); and Director of Corporate Finance in the Monetary Authority of Singapore.
With Richard and the entire team, Iโm confident that the best days for @Binance and the crypto industry lay ahead.
As a shareholder and former CEO with historical knowledge of our company, I will remain available to the team to consult as needed, consistent with the framework set out in our U.S. agency resolutions.
Whatโs next for me?
I will take a break first. I have not had a single day of real (phone off) break for the last 6 and half years.
After that, my current thinking is I will probably do some passive investing, being a minority token/shareholder in startups in areas of blockchain/Web3/DeFi, AI and biotech. I am happy that I will finally have more time to spend looking at DeFi.
I canโt see myself being a CEO driving a startup again. I am content being an one-shot (lucky) entrepreneur. Should there be listeners, I may be open to being a coach/mentor to a small number of upcoming entrepreneurs, privately. If for nothing else, I can at least tell them what not to do.
On that note, I am proud to point out that in our resolutions with the U.S. agencies they:
- do not allege that Binance misappropriated any user funds, and
- do not allege that Binance engaged in any market manipulation.
Funds are SAFU!
With that, I look forward to seeing the new leadership take the reins. Please join me in congratulating Richard on his well-deserved promotion.
Onwards!
CZ
Every single protocol aims to get your money
And you need them if you want to make it in Crypto
But don't be a fool!
Learn how to research a protocol and make sweet dollars
๐งต
"๐๐ฎ๐๐ฒ ๐๐ผ๐ ๐ต๐ฒ๐ฎ๐ฟ๐ฑ ๐ผ๐ณ ๐ฎ๐ป ๐ ๐๐ฉ ๐ฃ๐ฟ๐ผ๐๐ฒ๐ฐ๐๐ถ๐ผ๐ป ๐๐ผ๐ผ๐น ๐ฏ๐ฒ๐ณ๐ผ๐ฟ๐ฒ?" Of courseee๐คทโโ๏ธ
๐๐๐ ๐ต๐ฎ๐๐ฒ ๐๐ผ๐ ๐ฒ๐๐ฒ๐ฟ ๐ต๐ฒ๐ฎ๐ฟ๐ฑ ๐ผ๐ณ ๐ฎ๐ป ๐ ๐๐ฉ ๐ฃ๐ฟ๐ผ๐๐ฒ๐ฐ๐๐ถ๐ผ๐ป ๐๐ผ๐ผ๐น ๐๐ต๐ฎ๐ ๐ฝ๐ฎ๐๐ ๐๐ผ๐ ๐ฏ๐ฎ๐ฐ๐ธ ๐ณ๐ผ๐ฟ ๐ฒ๐๐ฒ๐ฟ๐ ๐๐ฟ๐ฎ๐ป๐๐ฎ๐ฐ๐๐ถ๐ผ๐ป?! ๐ฑ
Definitely not!
Allow me introduce you to @CoinbackMEV, the World's first #MEV protection tool that pays you back for every transaction (1-5% cash back)
It does this due to its real yield mechanism
It's a great tool for anyone who does a lot of transactions (e.g. active traders).
I would keep bringing you tools and updates that would help you make the most from now till the bullrun and this is definitely one of them!
Links:
https://t.co/1zgYbHCIIB
https://t.co/se6RBtEpXL
@abazwhyllzz@ruphc Should be 65ยฐ
65+40+X = 180 (Sum of angle in a triangle)
X = 75ยฐ
40+75+<ACD = 180 (Angle on a straight line)
180-115 = 65ยฐ
Pretty rusty cos it's been about 15 years since I solved math but should be right. Thought of hopping jn