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💰READ AS A BEGINNER AND NEVER LOSE MONEY AGAIN! 💰
Read, inhale & think about now and remember forever if investing even a cent into coins:
1. Forget "again user x made 234,567 Mio in 2,3 hrs" posts - You most probably won't reproduce it if you're not really, really, really...... lucky. Gambling, betting and lottery have bigger winning rates.
2. Don't put your money blindly on the desk - Why would you earn fiat with hard work, and finally go to a shop to buy ANYTHING the vendor chooses? Will he give you the bestsellers or some old crap, most probably?
3. Don't follow signals blindly - Do you know the person behind the user name? Do you know and understand where his reputation comes from? What, if he is a rich 12year old with some luck throughout the last few months, but finally blows up his account, pulling you into the total loss? Does he care about 5.000 USD? Do you?
4. Why do you think there are influencers? Do you recognize if somebody shouts out a product/coin too loud? - This people are there to produce opinions, fear, greed, pull you into deals you don't really require, to whatever... They are there to produce money for people instrumenting the market from the top. This people are there with a lot of money and INFLUENCE the market with their tools (the influencers) in order to make more money and you are not one of them. That's it! Usually, there are no reasonable facts behind the rumours they produce artificially. The point is: You never know when they trash the product and leave you alone with a lot of loss because you weren't in their circle. So forget posts like "MUST BUY COIN XXX! 5000000% profit!!!"
READ MY OTHER POSTS FOR FURTHER IMPORTANT FACTORS I'VE EXPERIENCED
——
If you enjoyed reading this article and appreciate it - Please leave a "like", comment and/or follow.
Cheers!
DYOR. NO financial advice
#CryptoTradingGuide
Read, inhale & think about now and remember forever if investing even a cent into coins:
1. Forget "again user x made 234,567 Mio in 2,3 hrs" posts - You most probably won't reproduce it if you're not really, really, really...... lucky. Gambling, betting and lottery have bigger winning rates.
2. Don't put your money blindly on the desk - Why would you earn fiat with hard work, and finally go to a shop to buy ANYTHING the vendor chooses? Will he give you the bestsellers or some old crap, most probably?
3. Don't follow signals blindly - Do you know the person behind the user name? Do you know and understand where his reputation comes from? What, if he is a rich 12year old with some luck throughout the last few months, but finally blows up his account, pulling you into the total loss? Does he care about 5.000 USD? Do you?
4. Why do you think there are influencers? Do you recognize if somebody shouts out a product/coin too loud? - This people are there to produce opinions, fear, greed, pull you into deals you don't really require, to whatever... They are there to produce money for people instrumenting the market from the top. This people are there with a lot of money and INFLUENCE the market with their tools (the influencers) in order to make more money and you are not one of them. That's it! Usually, there are no reasonable facts behind the rumours they produce artificially. The point is: You never know when they trash the product and leave you alone with a lot of loss because you weren't in their circle. So forget posts like "MUST BUY COIN XXX! 5000000% profit!!!"
READ MY OTHER POSTS FOR FURTHER IMPORTANT FACTORS I'VE EXPERIENCED
——
If you enjoyed reading this article and appreciate it - Please leave a "like", comment and/or follow.
Cheers!
DYOR. NO financial advice
#CryptoTradingGuide
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Hello Bitcoin enthusiasts! Today we will explore the current technical landscape of Bitcoin (BTC) in a simple and educational way.
Current Situation of #bitcoin
As of December 31, 2024, Bitcoin is trading around $94,487, showing a slight recent recovery.
Points to note:
1. Support and Resistance:
Key Support: Bitcoin has found support at the $92,820 area, which previously acted as resistance in early November.
2. Moving Averages:
50-Day Moving Average (MA50): Currently, the price is hovering slightly above this average, indicating a possible short-term bullish momentum.
3. Technical Indicators:
MACD: The MACD line has recently crossed above the signal line, which could signal a continuation of the bullish movement.
Final Conclusion:
Although current indicators suggest a possible bullish movement, it is essential to keep an eye on external factors that may influence the market, such as political and economic decisions. Remember that the cryptocurrency market is highly volatile, and it is essential to carry out your own analysis before making investment decisions.
Thanks for reading! If you liked this analysis, don't hesitate to follow us for more content related to the world of cryptocurrencies.
#Informate
Current Situation of #bitcoin
As of December 31, 2024, Bitcoin is trading around $94,487, showing a slight recent recovery.
Points to note:
1. Support and Resistance:
Key Support: Bitcoin has found support at the $92,820 area, which previously acted as resistance in early November.
2. Moving Averages:
50-Day Moving Average (MA50): Currently, the price is hovering slightly above this average, indicating a possible short-term bullish momentum.
3. Technical Indicators:
MACD: The MACD line has recently crossed above the signal line, which could signal a continuation of the bullish movement.
Final Conclusion:
Although current indicators suggest a possible bullish movement, it is essential to keep an eye on external factors that may influence the market, such as political and economic decisions. Remember that the cryptocurrency market is highly volatile, and it is essential to carry out your own analysis before making investment decisions.
Thanks for reading! If you liked this analysis, don't hesitate to follow us for more content related to the world of cryptocurrencies.
#Informate