What is a trading strategy?
A trading plan can also help mitigate financial risk, as it eliminates a lot of unnecessary decisions. While having a trading strategy is not mandatory for trading, it can be life-saving at times. If something unexpected happens in the market (and it will), your trading plan should define how you react – and not your emotions. In other words, having a trading plan in place makes you prepared for the possible outcomes. It prevents you from making hasty, impulsive decisions that often lead to big financial losses.
For instance, a comprehensive trading strategy may include the following:
🟢what asset classes you trade
🟢what setups you take
🟢what tools and indicators you use
🟢what triggers your entries and exits (your stop loss placement)
🟢what dictates your position sizing
🟢how you document and measure your portfolio performance
A trading plan can also help mitigate financial risk, as it eliminates a lot of unnecessary decisions. While having a trading strategy is not mandatory for trading, it can be life-saving at times. If something unexpected happens in the market (and it will), your trading plan should define how you react – and not your emotions. In other words, having a trading plan in place makes you prepared for the possible outcomes. It prevents you from making hasty, impulsive decisions that often lead to big financial losses.
For instance, a comprehensive trading strategy may include the following:
🟢what asset classes you trade
🟢what setups you take
🟢what tools and indicators you use
🟢what triggers your entries and exits (your stop loss placement)
🟢what dictates your position sizing
🟢how you document and measure your portfolio performance
➡️What is a stablecoin?
🔴A stablecoin is a digital currency that is pegged to a “stable” reserve asset like the U.S. dollar or gold. Stablecoins are designed to reduce volatility relative to unpegged cryptocurrencies like Bitcoin.
🔴Stablecoins bridge the worlds of cryptocurrency and everyday fiat currency because their prices are pegged to a reserve asset like the U.S. dollar or gold. This dramatically reduces volatility compared to something like Bitcoin and results in a form of digital money that is better suited to everything from day-to-day commerce to making transfers between exchanges.
🔴The combination of traditional-asset stability with digital-asset flexibility has proven to be a wildly popular idea. Billions of dollars in value have flowed into stablecoins like USD Coin (USDC) USDT as they’ve become some of the most popular ways to store and trade value in the crypto ecosystem.
🔴A stablecoin is a digital currency that is pegged to a “stable” reserve asset like the U.S. dollar or gold. Stablecoins are designed to reduce volatility relative to unpegged cryptocurrencies like Bitcoin.
🔴Stablecoins bridge the worlds of cryptocurrency and everyday fiat currency because their prices are pegged to a reserve asset like the U.S. dollar or gold. This dramatically reduces volatility compared to something like Bitcoin and results in a form of digital money that is better suited to everything from day-to-day commerce to making transfers between exchanges.
🔴The combination of traditional-asset stability with digital-asset flexibility has proven to be a wildly popular idea. Billions of dollars in value have flowed into stablecoins like USD Coin (USDC) USDT as they’ve become some of the most popular ways to store and trade value in the crypto ecosystem.
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🟢Swing trading
🔺Swing trading is a type of longer-term trading strategy that involves holding positions for longer than a day but typically not longer than a few weeks or a month. In some ways, swing trading sits in the middle between day trading and trend trading.
Swing traders generally try to take advantage of waves of volatility that take several days or weeks to play out.
🟢Swing traders may use a combination of technical and fundamental factors to formulate their trade ideas. Naturally, fundamental changes may take a longer time to play out, and this is where fundamental analysis comes into play. Even so, chart patterns and technical indicators can also play a major part in a swing trading strategy.
👉Swing trading might be the most convenient active trading strategy for beginners. A significant benefit of swing trading over day trading is that swing trades take longer to play out. Still, they’re short enough so that it’s not too hard to keep track of the trade.
👉This allows traders more time to consider their decisions. In most cases, they have enough time to react to how the trade is unfolding. With swing trading, decisions can be made with less haste and more rationality. On the other hand, day trading often demands fast decisions and speedy execution, which isn’t ideal for a beginner.
🔺Swing trading is a type of longer-term trading strategy that involves holding positions for longer than a day but typically not longer than a few weeks or a month. In some ways, swing trading sits in the middle between day trading and trend trading.
Swing traders generally try to take advantage of waves of volatility that take several days or weeks to play out.
🟢Swing traders may use a combination of technical and fundamental factors to formulate their trade ideas. Naturally, fundamental changes may take a longer time to play out, and this is where fundamental analysis comes into play. Even so, chart patterns and technical indicators can also play a major part in a swing trading strategy.
👉Swing trading might be the most convenient active trading strategy for beginners. A significant benefit of swing trading over day trading is that swing trades take longer to play out. Still, they’re short enough so that it’s not too hard to keep track of the trade.
👉This allows traders more time to consider their decisions. In most cases, they have enough time to react to how the trade is unfolding. With swing trading, decisions can be made with less haste and more rationality. On the other hand, day trading often demands fast decisions and speedy execution, which isn’t ideal for a beginner.
📊 Market Overview:
BTC : $67299
ETH : $2473.43
BNB : $583.65
SOL : $175.4
⚡ Dominance :
BTC : 55.62 %
ETH : 12.45 %
Stables : 6.47 %
📈 Market Cap :
Total : 2.39T
DeFi : 69.86B
24hr Vol : 55.29B
BTC : $67299
ETH : $2473.43
BNB : $583.65
SOL : $175.4
⚡ Dominance :
BTC : 55.62 %
ETH : 12.45 %
Stables : 6.47 %
📈 Market Cap :
Total : 2.39T
DeFi : 69.86B
24hr Vol : 55.29B
Most Tokens Go to Zero in the Long Run
Many crypto tokens are created primarily to benefit a small circle of insiders and VCs. These project's tokenomics focus on enriching their founders rather than delivering long-term value, leading to a lack of genuine commitment to the success in the long period.
Most of these tokens lack intrinsic value and aren't truly connected to the technology they claim to represent. Without real utility or solid fundamentals, they're prone to losing value over time and will eventually become worthless by underperforming market leaders for long enough.
During bull markets, even weak assets can experience significant price increases due to overall market enthusiasm—the "rising tide lifts all boats" effect. This can give the illusion that these tokens are successful when they're simply riding the wave of market optimism
When the market corrects, investors typically shift their capital from speculative, overhyped tokens to solid projects with proven track records. Funds flow back into fundamental blue-chip crypto assets like BTC, ETH, and SOL, which have demonstrated resilience
Many crypto tokens are created primarily to benefit a small circle of insiders and VCs. These project's tokenomics focus on enriching their founders rather than delivering long-term value, leading to a lack of genuine commitment to the success in the long period.
Most of these tokens lack intrinsic value and aren't truly connected to the technology they claim to represent. Without real utility or solid fundamentals, they're prone to losing value over time and will eventually become worthless by underperforming market leaders for long enough.
During bull markets, even weak assets can experience significant price increases due to overall market enthusiasm—the "rising tide lifts all boats" effect. This can give the illusion that these tokens are successful when they're simply riding the wave of market optimism
When the market corrects, investors typically shift their capital from speculative, overhyped tokens to solid projects with proven track records. Funds flow back into fundamental blue-chip crypto assets like BTC, ETH, and SOL, which have demonstrated resilience
Types of stablecoins
Today, we’ll tell you about the three main categories of stablecoins.
▪️ Stablecoins backed by fiat currencies
These coins are backed by real-life assets, fiat money, or paper money. Two examples of this stablecoin are Tether (USDT) and USD Coin (USDC). The companies issuing these coins own large reserves to support every issued coin; however, Tether has come under intense scrutiny in the past for this specific issue.
▪️ Stablecoins backed by cryptocurrencies
Some projects are so bold that they’re willing to back their stablecoin with other cryptocurrencies (not real assets or money). For example, a crypto-backed stablecoin with a value of $1 could be supported by a crypto asset worth $2. The logic here is that if the underlying asset’s value were to drop, the stablecoin would still be able to maintain its dollar peg.
The most famous crypto-backed stablecoin is Dai (DAI).
▪️ Algorithmic stablecoins
Algorithmic stablecoins are not backed by assets or fiat currencies, which makes it difficult to understand why or how they’re stablecoins in the first place. As their name indicates, the value of these coins is controlled by computer algorithms. If the stablecoin’s value is pegged to $1 but rises above $1, the code will automatically mint and release more coins into circulation to lower the stablecoin’s value back to $1. Conversely, if the value drops below $1, the algorithm will remove—or burn—coins from circulation to lift the value back up to $1. The amount of coins you hold will change, but they’ll always reflect the value you own.
Please note: Stablecoins are not dollars—they’re cryptocurrencies. Even when dealing with stablecoins, investing in crypto carries inherent risks—case in point the collapse of Terra’s algorithmic stablecoin TerraUSD.
Today, we’ll tell you about the three main categories of stablecoins.
▪️ Stablecoins backed by fiat currencies
These coins are backed by real-life assets, fiat money, or paper money. Two examples of this stablecoin are Tether (USDT) and USD Coin (USDC). The companies issuing these coins own large reserves to support every issued coin; however, Tether has come under intense scrutiny in the past for this specific issue.
▪️ Stablecoins backed by cryptocurrencies
Some projects are so bold that they’re willing to back their stablecoin with other cryptocurrencies (not real assets or money). For example, a crypto-backed stablecoin with a value of $1 could be supported by a crypto asset worth $2. The logic here is that if the underlying asset’s value were to drop, the stablecoin would still be able to maintain its dollar peg.
The most famous crypto-backed stablecoin is Dai (DAI).
▪️ Algorithmic stablecoins
Algorithmic stablecoins are not backed by assets or fiat currencies, which makes it difficult to understand why or how they’re stablecoins in the first place. As their name indicates, the value of these coins is controlled by computer algorithms. If the stablecoin’s value is pegged to $1 but rises above $1, the code will automatically mint and release more coins into circulation to lower the stablecoin’s value back to $1. Conversely, if the value drops below $1, the algorithm will remove—or burn—coins from circulation to lift the value back up to $1. The amount of coins you hold will change, but they’ll always reflect the value you own.
Please note: Stablecoins are not dollars—they’re cryptocurrencies. Even when dealing with stablecoins, investing in crypto carries inherent risks—case in point the collapse of Terra’s algorithmic stablecoin TerraUSD.
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🌐 Beginner's Guide to Cryptocurrency
🔹 What is Cryptocurrency?
A digital or virtual currency secured by cryptography, enabling secure, peer-to-peer transactions without relying on banks.
🔹 Blockchain Basics
Cryptocurrency transactions are recorded on a blockchain, a decentralized ledger ensuring transparency and security.
🔹 Types of Blockchains
1. Public: Open to everyone (e.g., Bitcoin).
2. Private: Restricted access.
3. Hybrid: Combines public and private features.
4. Consortium: Controlled by a group of organizations.
🔹 Buying Crypto
Use trusted exchanges like Coinbase, Binance, and Gemini.
🔹 Crypto Wallets
Essential for storing crypto securely. Options include Phantom, MetaMask, and Ledger.
🔹 What is Cryptocurrency?
A digital or virtual currency secured by cryptography, enabling secure, peer-to-peer transactions without relying on banks.
🔹 Blockchain Basics
Cryptocurrency transactions are recorded on a blockchain, a decentralized ledger ensuring transparency and security.
🔹 Types of Blockchains
1. Public: Open to everyone (e.g., Bitcoin).
2. Private: Restricted access.
3. Hybrid: Combines public and private features.
4. Consortium: Controlled by a group of organizations.
🔹 Buying Crypto
Use trusted exchanges like Coinbase, Binance, and Gemini.
🔹 Crypto Wallets
Essential for storing crypto securely. Options include Phantom, MetaMask, and Ledger.
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📊 Market Overview:
BTC : $68940
ETH : $2474.85
BNB : $561.11
SOL : $163.96
⚡ Dominance :
BTC : 56.70 %
ETH : 12.38 %
Stables : 6.47 %
📈 Market Cap :
Total : 2.4T
DeFi : 66.75B
24hr Vol : 96.96B
BTC : $68940
ETH : $2474.85
BNB : $561.11
SOL : $163.96
⚡ Dominance :
BTC : 56.70 %
ETH : 12.38 %
Stables : 6.47 %
📈 Market Cap :
Total : 2.4T
DeFi : 66.75B
24hr Vol : 96.96B
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DONALD TRUMP WIN-GETTING FACTORED
BITCOIN NEAR $75K MARK-Hits Record High Level
Crypto market capitalization up 11% in last 24 hrs-Mkt Cap near $2.5tn
Risk on appetite-Called as Trump Trade
Trump endorsed digital assets during campaigning.
BITCOIN NEAR $75K MARK-Hits Record High Level
Crypto market capitalization up 11% in last 24 hrs-Mkt Cap near $2.5tn
Risk on appetite-Called as Trump Trade
Trump endorsed digital assets during campaigning.
Donald Trump’s Victory Speech Highlights:
▫️ Reducing National Debt: Trump emphasized a commitment to lowering the national debt, calling it a top priority.
▫️ Tax Reductions: He promised tax cuts aimed at reducing burdens on businesses, with the goal of spurring economic growth.
▫️ Ending Wars: Trump pledged to keep the U.S. out of prolonged conflicts and actively work towards peaceful resolutions worldwide.
▫️ Praise for Elon Musk: He acknowledged Elon Musk as a "super genius," commending his contributions to technological advancement.
▫️ Support for Cryptocurrency: Trump also expressed openness to supporting the cryptocurrency market, aiming to create favorable conditions for its growth.
▫️ Reducing National Debt: Trump emphasized a commitment to lowering the national debt, calling it a top priority.
▫️ Tax Reductions: He promised tax cuts aimed at reducing burdens on businesses, with the goal of spurring economic growth.
▫️ Ending Wars: Trump pledged to keep the U.S. out of prolonged conflicts and actively work towards peaceful resolutions worldwide.
▫️ Praise for Elon Musk: He acknowledged Elon Musk as a "super genius," commending his contributions to technological advancement.
▫️ Support for Cryptocurrency: Trump also expressed openness to supporting the cryptocurrency market, aiming to create favorable conditions for its growth.
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📊 Market Overview:
BTC : $74993
ETH : $2814.91
BNB : $187.34
SOL : $594.91
⚡ Dominance :
BTC : 56.27 %
ETH : 12.85 %
Stables : 6.00 %
📈 Market Cap :
Total : 2.64T
DeFi : 78.14B
24hr Vol : 193.08B
BTC : $74993
ETH : $2814.91
BNB : $187.34
SOL : $594.91
⚡ Dominance :
BTC : 56.27 %
ETH : 12.85 %
Stables : 6.00 %
📈 Market Cap :
Total : 2.64T
DeFi : 78.14B
24hr Vol : 193.08B
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📊 Market Overview:
BTC : $76163
ETH : $2938.1
SOL : $203.08
BNB : $598.63
📈 Market Cap :
Total : 2.7T
DeFi : 81.04B
24hr Vol : 171.44B
⚡ Sentiment :
FGI : Greed (75)
Open Interest : 46.82B
24h Liquidation : $239.4M
BTC : $76163
ETH : $2938.1
SOL : $203.08
BNB : $598.63
📈 Market Cap :
Total : 2.7T
DeFi : 81.04B
24hr Vol : 171.44B
⚡ Sentiment :
FGI : Greed (75)
Open Interest : 46.82B
24h Liquidation : $239.4M
📊 Market Overview:
BTC : $76348
ETH : $3035.74
SOL : $200.22
BNB : $623.32
📈 Market Cap :
Total : 2.72T
DeFi : 83.24B
24hr Vol : 165.64B
⚡ Sentiment :
FGI : Greed (75)
Open Interest : 46.74B
24h Liquidation : $240.0M
BTC : $76348
ETH : $3035.74
SOL : $200.22
BNB : $623.32
📈 Market Cap :
Total : 2.72T
DeFi : 83.24B
24hr Vol : 165.64B
⚡ Sentiment :
FGI : Greed (75)
Open Interest : 46.74B
24h Liquidation : $240.0M