Even portfolios of the worst-performing coins can see dramatic rebounds (hundreds of %) after hitting a bottom, but those rebounds rarely get them back to their prior highs
Something to keep in mind ☝️
The powers that be did everything possible over the last year to shake you out of Bitcoin, biotech, small caps, AI data centers, etc. But, if you’re still here now, it didn’t work and you are about to extract your just rewards from this market. It’s a story as old as time. Enjoy!
The learning curve of #trading:
Trading is a lifelong journey & at first glance, it may seem complex but breaking it down into manageable pieces is key. It's important not to rush the process, as I've personally experienced many failures when I attempted to do so. I’ve made every mistake you can make...been there, done that!
However, since then, I've assisted numerous traders in actually learning & achieving consistent profitability. It's crucial to maintain humility in this endeavor, as the market has a way of humbling those who aren't.
When you initially dive into trading, it's normal to feel overwhelmed & struggle to grasp the concepts of the market & its price action. I often compare the world of trading to an online game or a real-life sport. Both come with their own rules, dedicated communities, jargon & abbreviations.
Starting a new game or sport leaves you clueless about what to do. You begin at the beginning & gradually progress, surrounded by people who likely know more than you. You have to immerse yourself in this culture & over time, you'll become familiar with the subject matter.
It's crucial to simplify trading as much as possible. Many tend to overcomplicate it & create unnecessary complexity. In reality, trading should be straightforward & easily understandable.
Total3 / ETH Pair Chart
This chart is an answer to the very popular question, "when will my altcoin pump?"
When this chart moves up, alts are out performing $ETH. When this chart moves down, $ETH is outperforming alts.
This chart is now in historically oversold territory. As a matter of fact it's only ever been this oversold 2 previous times.