4) i want to margi 3x all of my money on xrp, what’s the best price to enter?
FIrst of all, good luck, may the God be with you 🙏
If you lose, never say I lost because I traded. Say I lost because I gambled!
Secondly even if you win, you will gain that gambling habit that will cost you sooner or later.
Thirdly, the entry I gave from 4900-5100 is still active and I am still bullish but not the wasy I was before.
The only reason for bullishness is potentially great looking weekly chart but considering that we have 48 hours until the close, it can change a lot and that’s reason I wait for it to add more to that position or to close it and wait for ripple to turn bullish again.
FIrst of all, good luck, may the God be with you 🙏
If you lose, never say I lost because I traded. Say I lost because I gambled!
Secondly even if you win, you will gain that gambling habit that will cost you sooner or later.
Thirdly, the entry I gave from 4900-5100 is still active and I am still bullish but not the wasy I was before.
The only reason for bullishness is potentially great looking weekly chart but considering that we have 48 hours until the close, it can change a lot and that’s reason I wait for it to add more to that position or to close it and wait for ripple to turn bullish again.
5) How to create your own strategy?
You define everything.
Firstly you define what should happen for you to buy something. The more specific you are the better results you will have when it comes to analysing the strategy and finding weak points.
Define what should happen to invalidate your setup. Close below this area, on which time frame, maybe even news could be reason (which I don’t recommend because they are usually to distract us).
Then define what should happen for you to exit and book profit. If price goes in your direction and you keep waiting and being greedy, nothing really matters. You need to book the profit and enjoy the results.
If your only trade was long Bitcoin on 5k and close at 6k even if we reached 9k you have to be proud. You made money while the majority lost.
The most important thing, being constant and strong to follow the rules you will predefine. It is easy in theory, I will do this when this happens but what happens in real world is the things that seperates the winners from everybody else.
And the last one would be journaling which is crucial. You need all your trades written down, you need statistics that will help you see where you perform great and where your performances are not that good. At the beginning, write them down in the notebook and just analyse by going back to them once a week (at the end of week) or once a month (at the end of month).
Hope it helps
You define everything.
Firstly you define what should happen for you to buy something. The more specific you are the better results you will have when it comes to analysing the strategy and finding weak points.
Define what should happen to invalidate your setup. Close below this area, on which time frame, maybe even news could be reason (which I don’t recommend because they are usually to distract us).
Then define what should happen for you to exit and book profit. If price goes in your direction and you keep waiting and being greedy, nothing really matters. You need to book the profit and enjoy the results.
If your only trade was long Bitcoin on 5k and close at 6k even if we reached 9k you have to be proud. You made money while the majority lost.
The most important thing, being constant and strong to follow the rules you will predefine. It is easy in theory, I will do this when this happens but what happens in real world is the things that seperates the winners from everybody else.
And the last one would be journaling which is crucial. You need all your trades written down, you need statistics that will help you see where you perform great and where your performances are not that good. At the beginning, write them down in the notebook and just analyse by going back to them once a week (at the end of week) or once a month (at the end of month).
Hope it helps
Thank you all for the questions. I tried to pick the ones I think would be interested to the majority so I can help as many as possible.
If you find our channel valuable, invite your friends to help us grow the community and spread our words to as many as possible.
You can invite them via this link: https://news.1rj.ru/str/CryptoExpertSignals
If you have any questions, make sure to send them to @CryptoSignalsAdmin and I will answer them once I get time.
The most interesting ones will be answered in the channel from time to time!
Enjoy the rest of the day, see you tomorrow!
If you find our channel valuable, invite your friends to help us grow the community and spread our words to as many as possible.
You can invite them via this link: https://news.1rj.ru/str/CryptoExpertSignals
If you have any questions, make sure to send them to @CryptoSignalsAdmin and I will answer them once I get time.
The most interesting ones will be answered in the channel from time to time!
Enjoy the rest of the day, see you tomorrow!
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If you like our work, you can support us by sharing our channel with your friends.
Link: https://news.1rj.ru/str/CryptoExpertSignals
STRAT/BTC
This coin was requested by some members so here is quick and simple analysis.
This coin is dead for me until it comes back above 2000sats that was the floor for this coin.
I would rather buy 100% higher than buy now because this can go to zero and there is no area where you can put stop loss that makes sense.
The potential is huge so it doesn’t matter if you buy at 1000 or 2000 sats but buying at 2000 would be with confirmation and that’s what is crucial here.
Without confirmation it can slowly day in the future.
This coin was requested by some members so here is quick and simple analysis.
This coin is dead for me until it comes back above 2000sats that was the floor for this coin.
I would rather buy 100% higher than buy now because this can go to zero and there is no area where you can put stop loss that makes sense.
The potential is huge so it doesn’t matter if you buy at 1000 or 2000 sats but buying at 2000 would be with confirmation and that’s what is crucial here.
Without confirmation it can slowly day in the future.
NEO/BTC
Similar to STRAT, for this coin to gain attention again we need to see NEO back in the mentioned range on the chart.
If that doesn’t happen it can start bleeding more and more and no one knows when the bottom will be in.
So, this is not time to buy it, it tests main resistance and buy option makes sense only if we see this coing in the range again.
Similar to STRAT, for this coin to gain attention again we need to see NEO back in the mentioned range on the chart.
If that doesn’t happen it can start bleeding more and more and no one knows when the bottom will be in.
So, this is not time to buy it, it tests main resistance and buy option makes sense only if we see this coing in the range again.
Trading/Investing Advice
Define your goal is the main point people are ignoring. Are you Bitcoin maximalist and you want to accumulate it believing one day we can see astonishing price or you see crypto only as an opportunity to make money at this moment without being much into it and its future?
If you want to grow BTC then 70% of your portfolio has to always be in BTC and your maximum exposure to USD or alts is up to 30%. If you are fully exposed to ALTs or USD, the move Bitcoin makes could cause you to lose a lot of Bitcoins you had which is the worst thing you want to happen.
The USD value of Bitcoin doesn’t matter to you because you believe once in the future it will worth a lot more.
If you grow USD and want to make money at this moment, then you have to be at least 70% in USD and up to 30% in other coins. Any major move won’t damage your account as it would if you are fully exposed to crypto.
Being 70% in BTC in first example and 70% in USD in second example is what gives you always opportunity to take a trade when it happens. You will always have enough money to take new trade. The worst thing you can make is to be fully in alts without clear exit plan. The balance you had can drop drastically if it goes against you and that’s something we all want to avoid.
Hope you get some value from the advice we share with you.
Best regards, CS Admin!
Define your goal is the main point people are ignoring. Are you Bitcoin maximalist and you want to accumulate it believing one day we can see astonishing price or you see crypto only as an opportunity to make money at this moment without being much into it and its future?
If you want to grow BTC then 70% of your portfolio has to always be in BTC and your maximum exposure to USD or alts is up to 30%. If you are fully exposed to ALTs or USD, the move Bitcoin makes could cause you to lose a lot of Bitcoins you had which is the worst thing you want to happen.
The USD value of Bitcoin doesn’t matter to you because you believe once in the future it will worth a lot more.
If you grow USD and want to make money at this moment, then you have to be at least 70% in USD and up to 30% in other coins. Any major move won’t damage your account as it would if you are fully exposed to crypto.
Being 70% in BTC in first example and 70% in USD in second example is what gives you always opportunity to take a trade when it happens. You will always have enough money to take new trade. The worst thing you can make is to be fully in alts without clear exit plan. The balance you had can drop drastically if it goes against you and that’s something we all want to avoid.
Hope you get some value from the advice we share with you.
Best regards, CS Admin!
BTC weekly close brought indecision to the market and what we see now is confirmation of bearishness behind previous weekly candlestick.
It is on the way to testing the first area of support. We will monitor price action around that are on H4 and D1 time frames and close below would be trigger to take short position on Bitcoin.
It is on the way to testing the first area of support. We will monitor price action around that are on H4 and D1 time frames and close below would be trigger to take short position on Bitcoin.
This is how weekly level looks on daily time frame. This is reason why we find this price level crucial for upcoming days.
Close below would trigger selloff and we do believe we would see low 7k very soon.
So our eyes are looking for close on daily or h4 time frame below this level (8200) and then we would take that short position.
Close below would trigger selloff and we do believe we would see low 7k very soon.
So our eyes are looking for close on daily or h4 time frame below this level (8200) and then we would take that short position.
If we see rejection from that level, we will turn our bias and start looking for longs. So we are now waiting for that level to be reached and then to see what it will bring to the market.
Our signal long entry signal was between 4900 and 5100 so we are still in nice profit but because we didn’t get confirmation on weekly which is very important, this daily move up could be trap easily so we have two suggestions for you.
The first one is to tighten up your stop loss and put it just below 4900 (the previous stop loss was 4600).
The second advice you can take is to take some profit now and keep stop loss at around 4800 to protect yourself from potential downside spikes.
It is still bullish but because weekly didn’t give us very important confirmation, we will take required measurements and tighten up our stop loss orders.
We will keep our eyes on this and update you if we decide to fully close positions or maybe if something bullish happens to even add more.
The first one is to tighten up your stop loss and put it just below 4900 (the previous stop loss was 4600).
The second advice you can take is to take some profit now and keep stop loss at around 4800 to protect yourself from potential downside spikes.
It is still bullish but because weekly didn’t give us very important confirmation, we will take required measurements and tighten up our stop loss orders.
We will keep our eyes on this and update you if we decide to fully close positions or maybe if something bullish happens to even add more.
Here is a little sneak of our paid channel. Today we had an amazing setup but entry was missed for less than $5.
Totally transparent, we missed entry but found amazing setup and next one will have better timing.
Onto the next one ...
Totally transparent, we missed entry but found amazing setup and next one will have better timing.
Onto the next one ...
Let’s do new Q&A
Send your questions to @CryptoSignalsAdmin and I will pick this time 3 of them and here in the channel.
Send your questions to @CryptoSignalsAdmin and I will pick this time 3 of them and here in the channel.
1) When u have a $1000 account and want to depend on your signals, is it possible to double the account within a month?
If I would like to take your money, I would say Yes but the real answer depends on you.
I have very different trading approach from the rest. I am Bitcoin maximalist and I do believe in its future rise and that’s why I focus on growing more Bitcoin and I would not take big risk that will endanger my holdings because losing at the moment couple of hundreds may be couple of thousands in near future.
It means I take high probability trades when the happen. It may take couple of day even weeks for them to happen. That’s my personal style.
But for the group I do also day trading setups where I analyse intraday price action and give high probability setups.
My focus is giving you setups with profitable risk-reward because that’s all I can do. If I send you setups that make 20R a month, your risk limit per trade will decide how much you will make. If you risk 1% per trade, then your profit will be 20%. If you risk 5% per trade, you will make 5 times more, 100%.
So my focus is sending high probabbility setups with nice risk reward and it is up to you to decide what risk you will take on these setups.
So if you will risk 5-10% per trade, then it is possible but that’s not the risk I use and suggest others to do.
Hope it helps!
If I would like to take your money, I would say Yes but the real answer depends on you.
I have very different trading approach from the rest. I am Bitcoin maximalist and I do believe in its future rise and that’s why I focus on growing more Bitcoin and I would not take big risk that will endanger my holdings because losing at the moment couple of hundreds may be couple of thousands in near future.
It means I take high probability trades when the happen. It may take couple of day even weeks for them to happen. That’s my personal style.
But for the group I do also day trading setups where I analyse intraday price action and give high probability setups.
My focus is giving you setups with profitable risk-reward because that’s all I can do. If I send you setups that make 20R a month, your risk limit per trade will decide how much you will make. If you risk 1% per trade, then your profit will be 20%. If you risk 5% per trade, you will make 5 times more, 100%.
So my focus is sending high probabbility setups with nice risk reward and it is up to you to decide what risk you will take on these setups.
So if you will risk 5-10% per trade, then it is possible but that’s not the risk I use and suggest others to do.
Hope it helps!
2) Hey there, where do you think a newbie should start? What are the logical steps a newbie should take to get a good grip of basic understanding of crypto trading?
I think newbies has to invest in crypto by buying Bitcoin and splitting part of the investment in Ripple and Ethereum. By doing this you are making sure that you are not missing out on this technology and money revoluition.
Then you have to start reading about trading and in the same time saving money for your first trading deposit. It should be the money you can afford to lose and different from those you put in BTC/ETH/XRP.
Then once you made your first deposit, you need to decide your goal. Growing BTC amount of USD amount. Once you make that decision, start with higher time frames suchs as weekly and not going below daily time frame. So you start as a swing trader and slowly getting the grip.
This will aslo allow you to have time for your other occupations while trading. If you see that trading is for you and that you are performing well, you can start adding more until your monthly profit exceeds 3 times your monthly salary. Then you can start thinking of leaving 9-5 and becoming full-time trader.
Hope it helps
I think newbies has to invest in crypto by buying Bitcoin and splitting part of the investment in Ripple and Ethereum. By doing this you are making sure that you are not missing out on this technology and money revoluition.
Then you have to start reading about trading and in the same time saving money for your first trading deposit. It should be the money you can afford to lose and different from those you put in BTC/ETH/XRP.
Then once you made your first deposit, you need to decide your goal. Growing BTC amount of USD amount. Once you make that decision, start with higher time frames suchs as weekly and not going below daily time frame. So you start as a swing trader and slowly getting the grip.
This will aslo allow you to have time for your other occupations while trading. If you see that trading is for you and that you are performing well, you can start adding more until your monthly profit exceeds 3 times your monthly salary. Then you can start thinking of leaving 9-5 and becoming full-time trader.
Hope it helps