GALLE23

A classic these days, with lots of movement and lots of people talking about crypto: the temptation to increase leverage because “after all, everyone’s doing something.” A good time to remember that risk is managed on its own, without looking at what everyone else is doing.

Today, Latin America’s first Monument to Satoshi Nakamoto is being unveiled right here in Buenos Aires. It’s symbolic that it’s happening in Argentina, one of the countries with the highest crypto adoption in the region.

Market recap: BTC $80,367 (-0.16%), ETH $2,320, BNB $743 (-0.56%) and SOL $100.73 (+0.21%). A quiet day in the market. What are you watching today?

For those going to LABITCONF: I won’t be tied to any particular booth; I’ll be walking around and chatting with whoever I run into. If you see me, let’s stop and talk—and if not, send me a DM. That’s what I’m here for. BD, crypto, whatever. I’m also keeping an eye out for all the side events this weekend (parties, pre-parties, after-parties). If you’re organizing one or know of any, let me know.

LABITCONF live coverage kicks off: starting today and through Sunday, I’ll be sharing everything happening at the event live on my Twitter/X (@GalleSalgado). If you’re interested in what’s happening at Costa Salguero over the next few days, you’ll find minute-by-minute updates there.

Quiet market Wednesday: $BTC $80.751 (+0.38%) $ETH $2.339 (+0.01%) $BNB $755 (+1.61%) $SOL $101 (+0.41%). Nothing moving the needle today. Here’s a question ahead of Labitconf: are you trading cautiously in the days leading up to the event, or sticking with your usual strategy without changing a thing? I’m reading it all.

A simple reminder before a major event: don’t make big trading decisions just because you heard a cool idea in a conversation. Sleep on it before moving your positions. Event euphoria isn’t the same as your usual clear-headed analysis.

Question before Labitconf: are you going with a trading mindset, a networking mindset, or both? I want to hear what you’re prioritizing in these last few days before the event.

Labitconf kicks off the day after tomorrow at Costa Salguero. If you're just getting started, make a note of specific talks—don't try to see everything. Quality of conversation beats quantity of panels by a long shot.

LABITCONF kicks off the day after tomorrow at Costa Salguero. If you're in Buenos Aires around then, it's one of those events worth showing up for—you meet real people from the industry, not just screens. See you there.

Real question: do you already have a trading plan ready for when the market makes a big move, or do you put one together on the fly? Having a plan ready saves you time exactly when you need it most. Tell me—I’m reading everything.

2 days until LABITCONF and the market is still moving sideways. A good time to review levels without the pressure of a big move — BTC, ETH, and SOL have been respecting their ranges for days.

What was the hardest thing for you to understand when you first got into crypto? For me, it was realizing that you don’t always have to be in a position. Tell me in the comments—I’ll reply to everyone.

Convert pesos at the best rate or pay with 3% cashback in USDC — the Binance Card does both, hassle-free. I use it every day.

LABITCONF is bringing lots of new people into trading these days. If you're just starting out: high leverage doesn't make you win faster; it liquidates you faster. Start small, learn to set stop-losses, and only then scale up your position size.

Quick recap: BTC $79,938 (-0.83%), ETH $2,314 (-1.32%), BNB $740 (-0.11%), SOL $101 (-0.30%). A day of moderate declines across the market. No surprises—same old risk management: stops in place, no excessive leverage. Not investment advice.

Wrapping up the weekend with a question for the community: What was the most useful thing you learned about crypto this week? It could be something technical, something about security, or simply something that cleared up a question for you. Share it—I'm sure it'll help someone else 👇

Sunday tip 💡: before thinking about entering a position, first decide how much you're willing to lose, not how much you want to make. Position size and stop loss matter more than getting the direction right. Risk management > prediction.

Looking back at the week: a sideways market, few surprises, and the community here on Square more active than ever. Sometimes "boring" price action is exactly what healthy looks like. Better that than nasty surprises.

Saturday night question: If you had to explain crypto to someone in a single sentence, what would you say? I’ll read every one.