There are two ways to become rich in crypto, but most beginner makes a lot of mistakes before learning their lesson, which makes the journey to success harder for them, lot of beginners see's crypto currency as a way to make a quick fortune and exist the market, which is a very dangerous mindset to have in crypto space resulting into many bad decisions that will likely get their portfolio to zero😭. Now let me tell you how to get rich in crypto, you may be thinking that to achieve great success you should need a complicated plan but in reality that's not always the case, to get rich in crypto you have two options, remember i don't mean gambling on some random memecoins I mean getting rich strategically. A.start with quarter of what you consider as being rich, if rich to you is $1m then you need $250k to start for you to become rich in a reasonable period of time with that amount you don't need to know much about crypto currency all you need is to buy in the bear market and store in a secured non-custodial wallet with time your wealth will keep growing while you go about your business, with this method you necessary don't need diversification buying only $BTC is ok.
B.starting small and grow with time this method of getting rich may need some patience depending on the market conditions you just have to be patient with it, let say you started with $1000 in the bear market the best thing to do is to put the $1000 in $BTC , keep is secured in a non-custodial wallet allow bitcoin to make a move while you learn about the market, learn as much information as you can, learn about defi, staking, farming, airdrop, futures trading etc, after some time BTC will surely make gain then now you can now diversify buy 5 altcoins with your btc profit keep your capital ($1000) in USD when you see 5x gain in your altcoins start selling to usd. Sit back and wait for another crash, then repeat till you reach your goal, remember it takes energy so you have to pay the price, i believe you can do it 😎 like and follow to support me👍
the most memeable memecoin in btc community, what do we expect for Sat going to next week, #1000sat is in a position which is very crucial to pay close attention to it
In the coming week and beyond 1000sat will likely experience a strong pump in price to 0.0004 to 0.0006
people have once taken a very regretful decisions,
It is painful story as a 29year old man found dead in Taiwan streat with a written note stating how he lose all his fortune of $2000,000
On $luna crash (may 2022)
In crypto anything can happen, never take anything personal life is more important than any material possession, do your research before investing and never borrow money to invest
What you must do now to stay safe and avoid a serious damage to your portfolio and mental health.📢
Probably many crypto traders are now in a serious loss which is heartbreaking and frustrating, expecaily to the new traders who might not have plan [B] before entering a trade
Below are some ways to avoid more damage to yourself and capital
Stop seeing your self as a stupid person because you are losing so much money: remember that no one wants to lose money but in trading you must lose money and that is the only way you gat to learn to avoid it in your next trade, instead of seeing lose as a bad thing, see it as what goes with trading
Don't try to sell now so you can buy at the bottom: that way you can lose lots of money when the market recovers fast and you try to jump in again, the only option is if you still have a reserved stable and you want to buy now, is a good time to do that
Don't get stuck looking at the chart and thinking what the hell is this: don't do that your health is more important than any other thing you can think of
The market gives a good buying opportunity but not for everyone one, don't buy more than you can afford because the dip might take some time
Altcoins season will soon start and larger cap altcoins will start exploding
$jasmy $matic $1000sat $Notcoin etc
Remember btc is the base coin that rules this market, it will move first before altcoins but remember that all this is still useless without good health so try to avoid any thing that may cause you damage this time, so we can come out of this and win📢
You can become that man who enjoys both side of the coin,
Once upon a time there lived two neighbors named shari and Peter, shari was a poor farmer, Peter was a landlord, shari used to be very Happy and relaxed at night he never bothered to close the door and window of his house. He used to sleep in deep slumber although he had no money, he was leaving a peaceful life.
On the other hand, Peter used to be very tensed always at night he was very keen to close the doors and windows of his house, he could not sleep well, Peter was always bothered that some thief might break open his safes and steal alway his treasure, he envied the peaceful shari.
Looking at this short story you will understand that Peter was having sleepless nights because he was a slave to his treasure, he made his treasure’s go through his heart ❤️ and make him not to see the other side of life
Don't allow what you have to rule over you learn from shari
How to recover from this market dump🚨and become a winner 🚀🥳
May be you have a futures position which is currently bleeding and you are curious if you should still hold or just cancel the trade and go on lose
Listen!!!
Before you take any action just remember one thing, which is that you are not alone in this game, the moment you allow your emotions to rule over you in this market that moment will be the starting point of your failure
Then what should you do if you are now having your position counting on unrealized loses which looks like flowing of blood on your screen😭 and looking at it is trying to cause you heart attack🙆,
Not funny at all !!!!!!
There are many advice I can give you about trading, but right now the best advice you have to follow is that you should HOLD! that position, yes hold it, because canceling that trade will not do you any good, now let me tell you how you can make sure you protect and hold that your position till you recover,
First option is to add more money to the account so you can extend your liquidation price
Second opinion is if you don't have more money to add and your liquidation price is near, then cancel the trade and reset it immediately so that you can recover with the market
Should I buy #1000sat ?🤞 Unanswered questions about 1000sat, (must read before buying)
The market for Sat has been bearish for some time now and many investors wondering if the token is dead or what?
Knowing that the token is still new to the market makes it's more difficult to predict but with the available data we have let see the likelihood of the token future
What is this 1000sat?
SATS is short for Satoshis, the smallest unit of Bitcoin, each bitcoin is divisible into 100,000,000 satoshis.
One Satoshi (SATS) is equal to 0.00000001 BTC.
On the Bitcoin blockchain and in its source code, all amounts of bitcoin are denominated in satoshis. These amounts are only converted to bitcoin for familiarity and readability.
Knowing this and also remember that this is only but a memecoin with anonymous team just like #ShibaInu:
Now comes the question:
Is 1000sat dead?
No! the token is not dead
Do the project have great future potential?
yes! considering the market cap and the hypes around it the token can grow very fast
Can $1000sat reach $1? Possibly yes! But probably No! it still has a long way to reach that price target 🎯 but you still don't need it to reach $1 before you can make money with it. #1000SATS🔥🔥🔥🔥 #altcoins #BTC
Trading futures can be scary🥺 after experiencing a great lose🚨⬇️ but the worst thing you can do now as a beginner is to give up, no!! No!!. Losing can be a great teacher that will let you understand what no other person can teach you, but when losing becomes bad is when you never learn from them.
there are many lessons that losing in futures trading will make you understand
don't leverage more than your reserved stable($USDC ): before you enter a futures position make sure to have enough fund some were, so that in the worst case you can add money and hold your position
Try to know the support and resistance zones: in many cases simple understanding of support and resistance level will help you greatly in making decisions
$BTC $ETH
there are many things you will understand in your trading journey, just know that is not a Sprint race but a marathon run, the longer you can persist and learn the better
If you know some risk management strategies do well to share it in the comment so other can benefit as well
last night was terrible for some inexperienced future traders, more than $300milloin long positions gone in minutes $BTC being the liquidity currency forced other coins to dip
what we should expect next, looking at things right now the market is showing a good entry opportunity and strong price spikes is likely to occur in no time, be ready, if you are going for futures trade don't play like a gambler always have a plan #bitcoin #altcoins #TopCoinsJune2024
☝️remember what i told you in this post ☝️ open and read it, I plainly showed you what will happen so you can get prepared about it if you have been following me for some time now you will always be informed before hand, the dump in the market shouldn't be a surprise to you. i try to keep my followers on the good side so they know the right decision to take, next week i will be focusing on altcoins update/analysis so stay tuned as we go through the bullrun. #altcoins #BTC #TopCoinsJune2024
#jasmycoin to experience a strong steady rise in price
as the community continues to spread a positive energy and support to the project jasmy coin is now one of the bullrun project and there recent partnerships which will help boost the project future performance. let's watch this token #BlackRock #TopCoinsJune2024
It won't stop repeating every bullrun💹 people who learn from other peoples mistakes always move faster to success, don't wait to experience regret before you can learn,some people regret missing their life time opportunity not buying $BTC when they first heard about it, some regret selling too early, but believe me now is still your time to learn and take good decision, there are still good opportunities in the market don't regret the second time. you are still early #StartInvestingInCrypto #altcoins #BTC
🚨 Update, update 🚨 Waiting for the explosion as $BTC test for a potential upside moving Analyzing with all indications shows that btc is still setting for 80k target 🎯, we may experience a pull back to 67k but it all for short term. #BlackRock #BTC