Here are the 10 most important rules for managing risk in your trading. If you follow them, you'll avoid losing money.
Adapting William O'Neill's Risk Management Rules to the Cryptocurrency Market โ William O'Neil, author of the seminal book "How to Make Money in Stocks," established a set of rules that form the cornerstone of successful investment strategies. Although originally developed for the stock market, their essence takes on double importance in the cryptocurrency market, where volatility can wipe out portfolios in minutes.
โ โ1๏ธโฃ Choose the Currency โ โSelect a currency with a low price (less than $0.10) so you can buy a decent amount. โ โIt's best to choose an active currency with a large daily volume (so you can enter and exit easily). โ โExample: TRX, DOGE, SHIB (as an example, not a recommendation). โ โ โ โ--- โ โ2๏ธโฃ Entry Time โ โOpen the chart on a 15-minute timeframe. โ โWait for the price to approach the day's lowest point or a clear support level. โ โLook for a green candle after a drop (a reversal signal) โ that's when you enter. โ โ โ โ--- โ โ3๏ธโฃ Exit Time โ โSet a small profit target: only 2% to 5%. โ โSet a stop-loss 2% lower than your entry price (to protect your capital). โ โIf you reach the target or the stop-loss โ exit immediately, do not wait. โ โ โ โ--- โ โ๐ก Secret to Success: Small repeated profits are better than a big gamble where you lose your capital. โEven if it's $1, with your discipline, you can gradually grow it or at least learn without losses. โ#ุจููุงูุณ_ุณูููุฑ_ุชุนุงูุจ #ุจุงูููุณ #ู ุจุชุฏุฆ #Binance #bitcoin
make $10.35 on Binance without investing any money.
๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ Are you looking to make money on Binance without investing any money? Well, you're in luck because there are actually several ways to earn money on Binance without having to put down any cash. Here are some simple steps you can take to make $10.35 daily on Binance:
1. Create & Verify Account: Start by opening a Binance account and completing the Know Your Customer (KYC) verification process. By doing this, you can qualify for free bonus rewards ranging from $5 to $100.
2. Learn & Earn: Use Binance's educational resources to watch videos, answer quiz questions, and receive free cryptocurrency tokens. You can earn around $1.50 per day by participating in these activities.
3. Invite Friends: Utilize your referral link to invite friends to join Binance. You can earn a commission from your friends' trades, which can add up to $6 to $8 per day.
4. Complete Tasks: Take on quick and simple tasks like joining Telegram groups or following social media accounts to earn an additional $1 per day.
5. Airdrops & Events: Participate in giveaways, live chats, and other events on Binance to receive extra rewards, which can amount to $1 to $3 per week.
6. Simple Earn: Stake the cryptocurrency you have earned on Binance to earn daily interest. This can generate an additional $0.25 to $0.50 per day in passive income. When you stack all of these methods together, you can easily earn over $10.35 per day on Binance without investing any money. To increase your earnings even further, share helpful posts with your referral link to attract more users to the platform. With a little effort and dedication, you can start generating a steady income on Binance in no time.
๐ฏ SEI Token Update โ Ready for the Next Move?
๐ Current Price: ~$0.292 ๐ 24H Range: $0.279 โ $0.295 ๐ Next 4-Hour Outlook:
Support at $0.286โ0.290
Break above $0.300 could push SEI to $0.336+
Technicals show mixed-to-bullish momentum (RSI neutral, but buy signals rising!)
๐ฅ Whatโs the Move? SEI is dancing around key levels right now โ perfect for short-term players looking for that next bounce! If it breaks $0.30, we could see a quick run to new highs.
๐ก Friendly Tip: Light buy zone here โ but stay smart and manage your risk. The marketโs a rollercoaster โ scream if you must, just donโt fall off the ride. ๐ข๐
๐ Altcoin Inflows to #Binance Skyrocket! Reaching the highest deposit levels in over a year!
๐ This sudden spike in deposit activity might signal: โ A potential wave of profit-taking? โ Preparation for high market volatility? โ Incoming institutional moves?
โ ๏ธ Historicallyโฆ when deposits surge on Binance, the market rarely stays the same.
Are we on the verge of a major move? Share your thoughts below ๐
๐น Bitcoin Dominance Update ๐๐๐๐๐๐๐๐๐๐ Bitcoin dominance has continued to decline since yesterday, allowing altcoins to catch their breath temporarily.
However, true bullishness remains conditional on breaking below the 60.4% support level and holding beneath it.