Trading is a game of skill. If we are able control our emotions, Psychology & Greed then we are able to be a pro trader.

But,

Most of the beggars are in a very bad situation. Like, losses all the money & losses faith on trading.

But, I want to say you that their are good time at bad situation. Like my strategy of trading physiology:

GOOD TIME at BAD SITUATION:

So, When all the Market goes down then most of the top 30 coins also going down with respect to each other. But a hot news can increase the price of this coin even in a bloody day.

So, we can choose one of top 30 & take a long with respect to hyped of News.

Same as GOOD TIME at BAD TIME , then another form is also true. Means:

BAD TIME at GOOD SITUATION:

At this time we have to take negative news & choose the coin wrt news of the coin.

So, Take a short in this situation.

Remember:

* Top 30 Coins

* Long & Short

* Binance Futures Trading & Love

* Skill required discipline: psychology of mind & Emotions of the market.

* Be accessible to data & information ℹ️

Some Coins:

BTC LTC ETH XRP SHIB DOGE BTT LUNC YGG WLD ARB MATIC OP ICP & many more.$BNB $USDC $SOL #FDUSD #MultiChain #BinanceTournament #googleai #Worldcoin

Becoming a millionaire within a month through cryptocurrency is not easy, but it is possible. To become a millionaire within a month with crypto, traders will need a keen eye for price movements and the ability to make calculated risks.

The first step to becoming a millionaire with crypto is to determine which coins to invest in. Traders should do thorough research on the cryptocurrency market before deciding which assets to invest in. It is important to read up on the news, read price charts, conduct technical analysis, and stay updated on news related to the different coins. This will give traders an indication of the coins that are likely to see an increase in value.

Once the coins that look the most promising have been determined, traders will need to understand how they can make a profit. There are a variety of strategies that traders can employ when trading cryptocurrencies. Most often, traders will focus on either day trading (selling and buying coins within the same day) or swing trading (holding coins for a longer period of time in order to ride out short-term volatility). Whichever strategy is chosen, traders must ensure they have the necessary discipline and knowledge to succeed.

To increase earning potential, traders should also look to leverage trading. In this type of trading, traders are only required to commit a small amount of capital while using margin to borrow the rest. Leverage allows traders to gain more exposure to the crypto market, thus making it possible to make larger profits. However, traders need to be aware of the risks associated with this type of trading and only use it sparingly.

Finally, traders should look at different ways to diversify their portfolio. This means spreading the risk across different coins, markets, and strategies. By diversifying, traders are able to mitigate the risk of their entire portfolio being exposed to volatility, and the possibility of becoming a millionaire in a month is greatly improved.

In conclusion, becoming a millionaire through crypto in a month is a lofty goal, but it is possible if traders commit to trading professionally and carefully assess the market. Doing thorough research, understanding your strategies, leveraging if necessary, and diversifying to reduce risk are all essential for success.

So hope you learned and have keen eyes on trading.

$BTC $ETH $BNB #FDUSD #MultiChain #BinanceTournament

#MultiChain MakerDAO’s (MKR) posted positive moves today even as the broader market saw a slight correction. While top coins painted charts red with bearish moves, MKR added over 3% in the last 24 hours, bringing its price to $1,139.92 at 9:25 am EST. This bullish momentum coming amid a bear market trend suggests that special factors might be behind it.

Maker (MKR) Soars Amid New Governance Proposals

Maker made the top gainers’ list on Wednesday, July 26, closely behind Compound ($COMP ) with 3.18% 24-hour price growth and XDC Network with an over 16% seven-day gain.

Related Reading: Litecoin Bulls Barrel Back Toward $92 Level – Will They Succeed?

Maker’s price saw a boost due to increased ecosystem activities as the Maker Governance votes to approve or reject the new Spark Protocol changes commence.

This vote was a result of Phoenix Labs’ proposed key adjustments to Spark Protocol DAI market parameters to enhance user experience.

Among Phoenix Labs’ recommendations is the adjustment Wrapped Ether (WETH) Variable Rate Slope from 1% to 3%. This adjustment is touted to encourage a healthy utilization of the DAI market, enhancing supplier return and incentivizing deposits.

It also proposed to set the DAI market loan-to-value and liquidation threshold (LTV/LT) to 0.01% and adjust the WETH market reserve factor to 5%. The adjustments will reduce the protocol fee on the #ETH market and give suppliers a larger APY.

If approved, the proposed changes will raise Spark D3M’s debt ceiling to 200 million DAI and set DAI Market LTV/LT to zero. Given the potential benefits these changes could provide DAI borrowers, market activity would increase, boosting MKR’s demand as the Maker protocol utility token.

The voting started on July 24 and has attracted much attention from Maker community members. Maker’s trading activity has increased as community members hurry to participate in the poll before the deadline on Thursday, July 27.

Moreover, as the governance token of the Maker protocol and MakerDAO, the ongoing poll has increased trading activity and demand for MKR. The increased MKR trading volume confirms this assumption.

Whale Alerts Draw More Investor Attention To Maker

As of July 26—9:25 EST, MKR’s trading volume stood at $121.71 million, an over 47% rise from the previous day’s value, according to CoinMarketCap data. MKR traded at a high of $1,172.12 and a low of $1,118.93 over the past 24 hours.

Lookonchain also observed a significant exchange inflow and outflow on July 25. According to the on-chain sleuth, a whale dumped 1,598 MKR, worth approximately $1.8 million, after amassing chunks of tokens since June 22, when prices were below $1,000.

The whale withdrew 2,760 #MKR , approximately $2.5 million, from Binance from July 7 to July 17 at an average value of $918 per token and discharged them when the price increased.

Related Reading: #Binance Coin ($BNB ) Price Poised For A Major Breakout – Which Way Will It Go?

While the whale effect pushed MKR’s price down 2%, it also reflected the massive investor interest in the token and drew more attention to $MKR . As such, the token soared higher in the days following the transaction and continued bullish with the governance vote. This demonstrates the high demand for the token given that it soaked up the supply from the whale without issue.

Featured image from Pixabay and chart from TradingView.com#GOATMoments

1. Research: Thoroughly research the project, its team, and its goals. Look for transparency, a clear use case, and genuine community engagement.

2. Team Information: Verify the team's identities and backgrounds. Check if they have experience in relevant industries.

3. Whitepaper: Read the project's whitepaper to understand its purpose, technology, and goals. Ensure it's well-written and comprehensive.

4. Transparency: Ensure the project provides regular updates, communicates openly, and shares progress reports.

5. Community Engagement: Active and genuine community engagement on social media platforms can be a positive sign.

6. Audit and Code: Check if the project's smart contracts have been audited by reputable firms. Review the code on public repositories if available.

7. Token Distribution: Be wary of projects where a significant portion of tokens are held by a small group, as this could lead to manipulation.

8. Liquidity Lock: Look for proof that the project's liquidity is locked, reducing the risk of a sudden price crash.

9. Gradual Development: Be cautious of projects that promise rapid and unrealistic development or returns.

10. Scarcity of Information: If there's a lack of information about the project or its team, it's a red flag.

11. Too Good to Be True: If an investment opportunity seems too good to be true, it probably is. Avoid projects that promise guaranteed profits.

12. Community Feedback: Seek opinions from the broader crypto community. Online forums can provide valuable insights.

13. Start Small: Invest a small amount initially to minimize potential losses.

14. Trust Your Instincts: If something doesn't feel right, it's better to step back and reconsider.

No investment is entirely risk-free, especially in the volatile world of cryptocurrencies. Stay vigilant and informed to reduce the likelihood of falling victim to a rugpull.

#FDUSD #MultiChain #BinanceTournament #googleai $USDC $ETH $BTC #Worldcoin

The realm of cryptocurrencies has witnessed a surge in popularity over the past years, bringing forth numerous digital assets that captivate investors' attention. One such asset is XRP, a cryptocurrency developed by the company Ripple. However, the question begs to be answered: Is investing in XRP truly a worthwhile endeavor?

XRP Overview:

XRP is a cryptocurrency designed to facilitate cross-border payments and transactions. Unlike Bitcoin and many other cryptocurrencies that rely on decentralized systems, XRP employs centralized technology to validate transactions. This has sparked debates over whether XRP can even be considered a "true" cryptocurrency.

Advantages of XRP:

An argument in favor of investing in XRP lies in its partnerships with traditional financial institutions. Ripple, the company behind XRP, has entered numerous collaborations with banks and payment providers to expedite and reduce the cost of their international transactions. This could potentially lend XRP a degree of stability over the long term, setting it apart from other cryptocurrencies.

Challenges and Controversies:

However, XRP is not without its controversies. The U.S. Securities and Exchange Commission (SEC) has initiated legal action against Ripple, categorizing XRP as an unregistered security. This legal uncertainty has left investors in a state of ambiguity, as the regulatory status of XRP remains unresolved.

Volatility and Uncertainty:

Similar to most cryptocurrencies, XRP is characterized by high volatility. Its price can swing dramatically, presenting both opportunities and risks. Investors must be aware that the cryptocurrency market is subject to significant fluctuations, and there's no guarantee of profits.

The question of whether investing in XRP is worthwhile doesn't have a definitive answer. Ripple's partnerships with financial institutions might indicate long-term stability, yet regulatory ambiguity and the volatility of the crypto market cannot be overlooked. Prior to investing in XRP or any other cryptocurrency, it's prudent to conduct thorough research, weigh the risks, and consider seeking professional advice. As with any investment, cautious and informed decision-making is paramount.

#crypto2023 #cryptocurrency #crypto #googleai #MultiChain

$XRP $BTC $VTHO