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CRYPTO MECHANIC
--
A question i got asked so many times.
Any advice for the low capital? what is minimum capital you need for a good profit around 500 to 1000 monthly?
The truth is you don't need the capital first.
You need the market knowledge first.
When to enter
When to exit
What to do if it goes against you.
Why are you choosing a coin to trade.
How to choose a coin.
How managing risk works.
Then comes the question how much money do I need to start trading.
If how much money you can make from trading comes before these questions.
The answer is you can make zero money.
Actually you can lose what you have in no time.
Once you have these answers
Start with $100 or the minimum you are ok to lose.
Trade with it, find yourself making money consistently for atleast 5-6 months. The process of making money with minimum balance will be slow but you're in your learning phase.
Once you find that you're consistently profitable.
Then add more money to get more benefits of your trading skills.
Any advice for the low capital? what is minimum capital you need for a good profit around 500 to 1000 monthly?
The truth is you don't need the capital first.
You need the market knowledge first.
When to enter
When to exit
What to do if it goes against you.
Why are you choosing a coin to trade.
How to choose a coin.
How managing risk works.
Then comes the question how much money do I need to start trading.
If how much money you can make from trading comes before these questions.
The answer is you can make zero money.
Actually you can lose what you have in no time.
Once you have these answers
Start with $100 or the minimum you are ok to lose.
Trade with it, find yourself making money consistently for atleast 5-6 months. The process of making money with minimum balance will be slow but you're in your learning phase.
Once you find that you're consistently profitable.
Then add more money to get more benefits of your trading skills.
?? 😳
If Trump wins today's election, I will give 1 Bitcoin to 100 people who interact with this tweet (make sure to follow and retweet).
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TY!
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CRYPTO MECHANIC
--
One of the common mistake that most of the traders make is they pay so much attention to what's going on lower timeframe like 1hr or some even use 15 minutes chart and they flip-flop their bias on every Red or Green candle. One Red candle and bears start screaming for a dump and one green candle bulls start screaming for a pump.
This is the kind of price action where people lose most of their hard earned money. They trade when it's not the right time to trade.
What you should be doing instead ?
The solution is simple, Pay attention to only what high timeframe is doing and use that biased for your lower timeframe setups. Have a look at the attached pictures.
The first picture is chart boys trying to be look cool by calling a move up , down , up and down multiple times in a day/week.
And the second picture is what HTF is actually doing. Literally nothing right?
Instead of wasting time on these 1hr and 15 minute charts and change your BIAS multiple times in day. pay attention to the HTF only if the trend is bullish stick to it unless it's shift and if the trend is bearish, Be with it unless it shifts.
Reduce the noise..!
Keep Learning
This is the kind of price action where people lose most of their hard earned money. They trade when it's not the right time to trade.
What you should be doing instead ?
The solution is simple, Pay attention to only what high timeframe is doing and use that biased for your lower timeframe setups. Have a look at the attached pictures.
The first picture is chart boys trying to be look cool by calling a move up , down , up and down multiple times in a day/week.
And the second picture is what HTF is actually doing. Literally nothing right?
Instead of wasting time on these 1hr and 15 minute charts and change your BIAS multiple times in day. pay attention to the HTF only if the trend is bullish stick to it unless it's shift and if the trend is bearish, Be with it unless it shifts.
Reduce the noise..!
Keep Learning
HUGE🙏🏽
How to take a successful trade （A beginners Guide to a successful trade）
1) Look for a token with low market supply ( preferably below 1 B)
2) Look for a token with cheap price (Preferably below 0.5$ per token)
3) use the Fibonacci tool to identify the equilibrium level, then your token must be below the (0.5) Line.
4) While you are on the chart, try to identify a bullish pattern on higher time frames (1 Day, week, Month) such as ( double bottom, reversed head and shoulders, consolidation after an expansion up)
5) Go to coinglass.com and go to liquidation section and check your desired token's charts, if you see (Longers) had been liquidated with big numbers on the past 10-15 days then that's a good sign.
6) Would be an extra if you read some news regarding the coin in the past 4-5 days Max.
7) Check options: Yes, check options ratio for BTC, a ratio below 1 means there are more purchases than puts indicating an upward trend.
8) Check the funding rate on future, if the funding rate is positive and high, it indicates a bullish sentiment, and vice versa, if it's negative and also high, it means a bearish sentiment.
A good trade would be like this:
A coin with 0.01$ with a 100 Million market supply, below or at Fibonacci (0.5) level, chart is drawing a bullish pattern like double bottoms or running into a bullish order block, with liquidity laying @ higher prices on future, with some news circulating the coin, options rate is below 1 (preferably at 0.75 or less) and funding rate is (0.0300% or more)
#N4G
1) Look for a token with low market supply ( preferably below 1 B)
2) Look for a token with cheap price (Preferably below 0.5$ per token)
3) use the Fibonacci tool to identify the equilibrium level, then your token must be below the (0.5) Line.
4) While you are on the chart, try to identify a bullish pattern on higher time frames (1 Day, week, Month) such as ( double bottom, reversed head and shoulders, consolidation after an expansion up)
5) Go to coinglass.com and go to liquidation section and check your desired token's charts, if you see (Longers) had been liquidated with big numbers on the past 10-15 days then that's a good sign.
6) Would be an extra if you read some news regarding the coin in the past 4-5 days Max.
7) Check options: Yes, check options ratio for BTC, a ratio below 1 means there are more purchases than puts indicating an upward trend.
8) Check the funding rate on future, if the funding rate is positive and high, it indicates a bullish sentiment, and vice versa, if it's negative and also high, it means a bearish sentiment.
A good trade would be like this:
A coin with 0.01$ with a 100 Million market supply, below or at Fibonacci (0.5) level, chart is drawing a bullish pattern like double bottoms or running into a bullish order block, with liquidity laying @ higher prices on future, with some news circulating the coin, options rate is below 1 (preferably at 0.75 or less) and funding rate is (0.0300% or more)
#N4G
Learn!
QQ
Master these 6 strategies
Teach you to stop losses in time
First, stop loss at key support levels
In the rising market, the price rises to a high level and then stops moving forward. It travels to areas where chips are intensive. Once it falls below the key support level, it will cause severe losses.
Second, failure to buy the bottom and stop loss
Retail investors like to buy the bottom on the left side, but after failing to buy the bottom, they will not stop the loss immediately and become trapped. If the bottom is buried, once the price falls below the starting point of the stage, they must sell even if they bought wrong to avoid greater losses.
3. Fixed stop loss
For transactions that cannot be lost or those with heavy positions, there must be a fixed stop loss position. If a single transaction loses 1% of the total position, a stop loss must be considered.
Fourth, stop loss in rising market
Continuously adding positions while rising is a winning approach. If the price of a single currency falls below the previous high and the lowest price of the first three K lines, you should consider stopping adding positions or stopping losses.
Fifth, moving average stop loss
If you use the moving average system to judge the market, if the price breaks through the key moving average, you must stop the loss decisively when the breakdown is confirmed.
Sixth, trend line stop loss
In the middle of the upward trend, if the closing price falls below the trend moving average for two consecutive days, it is necessary to decisively reduce positions and stop losses. If you hold on hard, 90% of retail investors will sell out when the currency price returns to the cost price. The purpose of this stop loss is to take the initiative. Not participating in the main washout
#LQTY.智能策略库🥇🥇
#LQTY #Meme #新币挖矿 #大盘走势 $LQTY
Master these 6 strategies
Teach you to stop losses in time
First, stop loss at key support levels
In the rising market, the price rises to a high level and then stops moving forward. It travels to areas where chips are intensive. Once it falls below the key support level, it will cause severe losses.
Second, failure to buy the bottom and stop loss
Retail investors like to buy the bottom on the left side, but after failing to buy the bottom, they will not stop the loss immediately and become trapped. If the bottom is buried, once the price falls below the starting point of the stage, they must sell even if they bought wrong to avoid greater losses.
3. Fixed stop loss
For transactions that cannot be lost or those with heavy positions, there must be a fixed stop loss position. If a single transaction loses 1% of the total position, a stop loss must be considered.
Fourth, stop loss in rising market
Continuously adding positions while rising is a winning approach. If the price of a single currency falls below the previous high and the lowest price of the first three K lines, you should consider stopping adding positions or stopping losses.
Fifth, moving average stop loss
If you use the moving average system to judge the market, if the price breaks through the key moving average, you must stop the loss decisively when the breakdown is confirmed.
Sixth, trend line stop loss
In the middle of the upward trend, if the closing price falls below the trend moving average for two consecutive days, it is necessary to decisively reduce positions and stop losses. If you hold on hard, 90% of retail investors will sell out when the currency price returns to the cost price. The purpose of this stop loss is to take the initiative. Not participating in the main washout
#LQTY.智能策略库🥇🥇
#LQTY #Meme #新币挖矿 #大盘走势 $LQTY
NOTED.
It's funny how some people think i am some sort of a sorcerer.
I'm a sorcerer who reads the news daily, hundreds of articles, presales, soars and surges, dumps and pump, analytic view, forecasts, projects development, looking over charts, this is how you get yourself educated you fools.
#N4G
I'm a sorcerer who reads the news daily, hundreds of articles, presales, soars and surges, dumps and pump, analytic view, forecasts, projects development, looking over charts, this is how you get yourself educated you fools.
#N4G
Keep learning ❤️
I have identified their pattern. (Read this post twice or three times)
Hey guys, so as i always say, you don’t loose if you learn something.
And since i lost yesterday i never stopped looking over the charts to see what really happened, what was their play here?
And i found out.
And being not a selfish person, i have decided to share the knowledge, just so you would know what is really happening in this world that you were just born into.
Okey, doing analysis over the past 20 days and exactly since 27 February 2024.
We had two major drops, every time the market makers or smart money -or whoever the f&$k is driving this btc rally- drives the market up to a certain level, then they drop it to exactly the equilibrium line or the (0.5) on fibonacci tool.
I have talked before about Fibonacci, and if you learn about them, you would know its not just a tool, its in our nature “search the term -GOLDEN RATIO- on utube and learn”
So anyway, every 10 days they drove the market up to a certain level and dropped back down to 0.5 level.
They started Feb 27 and dropped it after 10 days, they started at 5 march and dropped it on 15, if they start it again, then next drop should be by the end of march and to an area close to the 0.5 on Fibonacci drawn from the lowest to the highest point they create during this period of time.
I have added pictures to explain.
Just see the 0.5 line and go check it out.
Maybe that i have blown it to you “the public” they might change their tactics as they have eyes everywhere but i don't care.
Just share the knowledge.
#HotTrends
#BTC
#HotTrends
#N4G
Hey guys, so as i always say, you don’t loose if you learn something.
And since i lost yesterday i never stopped looking over the charts to see what really happened, what was their play here?
And i found out.
And being not a selfish person, i have decided to share the knowledge, just so you would know what is really happening in this world that you were just born into.
Okey, doing analysis over the past 20 days and exactly since 27 February 2024.
We had two major drops, every time the market makers or smart money -or whoever the f&$k is driving this btc rally- drives the market up to a certain level, then they drop it to exactly the equilibrium line or the (0.5) on fibonacci tool.
I have talked before about Fibonacci, and if you learn about them, you would know its not just a tool, its in our nature “search the term -GOLDEN RATIO- on utube and learn”
So anyway, every 10 days they drove the market up to a certain level and dropped back down to 0.5 level.
They started Feb 27 and dropped it after 10 days, they started at 5 march and dropped it on 15, if they start it again, then next drop should be by the end of march and to an area close to the 0.5 on Fibonacci drawn from the lowest to the highest point they create during this period of time.
I have added pictures to explain.
Just see the 0.5 line and go check it out.
Maybe that i have blown it to you “the public” they might change their tactics as they have eyes everywhere but i don't care.
Just share the knowledge.
#HotTrends
#BTC
#HotTrends
#N4G
🤙🏽
$BTC
🚀 YOU WILL LOSE ALL YOUR INVESTMENT! 🚀 Unless You Understand The Psychology of the Crypto Market
Bitcoin hits $69k and the next halving is just 41 days away! 🌙
Experts predict a new bull run peaking in late 2025 - That is 12-18 months from the Halving in April 2024.💰
Ready to ride the wave? I hate to state this but many are still going to f>ck this up.🤷 For real.
Let's break down the psychological phases:
🚀 PHASE 1 - Accumulation 💰
During this phase, crypto Whales and OGs will have bought or be buying at discounted rates, new projects emerge, but skepticism lingers. To be clear, this was more like last year when $BTC was down to $15,000 and there was blood on the streets.
📈 PHASE 2 - Momentum 📈
Here, as we are currently witnessing, prices climb, excitement builds, HODLers rejoice, FOMO kicks in, and altcoins surge.😍👻💵
🚀 PHASE 3 - Euphoria/Excess 🚀
Greed takes over, prices soar daily, mainstream attention, bizarre market behavior, scams alert! For the Noobs, when ever the Bitcoin Fear and Greed Index makes a reading of 90, begin to manage your crypto position. Be SMART or you wont see👀 the crash coming.
⤵️ PHASE 4 - Massive Crash/Long Reeeeed candles😭😭 ⤵️
Here, you will witness a massive downtrend. Prices crash, panic selling, media negativity, Whales and new investors exit, veterans buy the dip. Noobies are left holding the 💰 for another two-three years -- the worst position to be in. DON'T DO THAT!
Tips for Success:
✅ Invest wisely and patiently.
✅ Dollar-cost average.
✅ Take profits on the way up.
✅ Diversify and avoid overexposure.
✅ Be cautious of hype and scams.
✅ Watch for market sentiment changes.
✅ Hedge positions strategically.
✅ Keep cash reserves for opportunities.
The coming months bring excitement, risks, and rewards. Navigate wisely, and you could be on your way to life-changing wealth in this crypto revolution! 🌐💸
#TrendingTopic
#BTC #ETH #sol #SHIB
>CryptoBullRun >Bitcoin
iv>
🚀 YOU WILL LOSE ALL YOUR INVESTMENT! 🚀 Unless You Understand The Psychology of the Crypto Market
Bitcoin hits $69k and the next halving is just 41 days away! 🌙
Experts predict a new bull run peaking in late 2025 - That is 12-18 months from the Halving in April 2024.💰
Ready to ride the wave? I hate to state this but many are still going to f>ck this up.🤷 For real.
Let's break down the psychological phases:
🚀 PHASE 1 - Accumulation 💰
During this phase, crypto Whales and OGs will have bought or be buying at discounted rates, new projects emerge, but skepticism lingers. To be clear, this was more like last year when $BTC was down to $15,000 and there was blood on the streets.
📈 PHASE 2 - Momentum 📈
Here, as we are currently witnessing, prices climb, excitement builds, HODLers rejoice, FOMO kicks in, and altcoins surge.😍👻💵
🚀 PHASE 3 - Euphoria/Excess 🚀
Greed takes over, prices soar daily, mainstream attention, bizarre market behavior, scams alert! For the Noobs, when ever the Bitcoin Fear and Greed Index makes a reading of 90, begin to manage your crypto position. Be SMART or you wont see👀 the crash coming.
⤵️ PHASE 4 - Massive Crash/Long Reeeeed candles😭😭 ⤵️
Here, you will witness a massive downtrend. Prices crash, panic selling, media negativity, Whales and new investors exit, veterans buy the dip. Noobies are left holding the 💰 for another two-three years -- the worst position to be in. DON'T DO THAT!
Tips for Success:
✅ Invest wisely and patiently.
✅ Dollar-cost average.
✅ Take profits on the way up.
✅ Diversify and avoid overexposure.
✅ Be cautious of hype and scams.
✅ Watch for market sentiment changes.
✅ Hedge positions strategically.
✅ Keep cash reserves for opportunities.
The coming months bring excitement, risks, and rewards. Navigate wisely, and you could be on your way to life-changing wealth in this crypto revolution! 🌐💸
#TrendingTopic
#BTC #ETH #sol #SHIB
>CryptoBullRun >Bitcoin
iv>
😌😌
$BTC
*Simple Tips For Beginner On Spot Trading*
1. Choose a coin you want to buy example btc
2. On you window screen select trading data.
3. Go to the money infolow
Read the data from 15min to Day
If you see a positive value on a difference between buyer and seller that mean the coin can goes up. If you see the negative value on difference between buyer and seller that means coin price of coin goes down
I recommend to use 15min up to 4 hour but you must start with 4hour and end up 15min.
Look to both timefrime when you the the same increase the buy on spot Hold the coin.
Thank you for reading!
Follow | Like ❤️ | Quote 🔄 | Comment
If you find this information helpful, consider supporting me through the Binance Tipping feature.
Your generosity helps me provide quality content.
#TrendingTopic #BTC #sol #ETH
*Simple Tips For Beginner On Spot Trading*
1. Choose a coin you want to buy example btc
2. On you window screen select trading data.
3. Go to the money infolow
Read the data from 15min to Day
If you see a positive value on a difference between buyer and seller that mean the coin can goes up. If you see the negative value on difference between buyer and seller that means coin price of coin goes down
I recommend to use 15min up to 4 hour but you must start with 4hour and end up 15min.
Look to both timefrime when you the the same increase the buy on spot Hold the coin.
Thank you for reading!
Follow | Like ❤️ | Quote 🔄 | Comment
If you find this information helpful, consider supporting me through the Binance Tipping feature.
Your generosity helps me provide quality content.
#TrendingTopic #BTC #sol #ETH
🫡
How to Find Crypto Gems
Hunting for crypto gems, those small/nano caps that haven't exploded yet, can change your life as a small investor and allow you to make a lot of money in a short time.HOW TO PROCEED?1/ Some want to get rich in a flash ⚡️, but understand that for every crypto millionaire, there are 100 people left behind by crypto. Unfortunately, you only hear about successes, the famous survivorship bias.2/ The journey into digital gold is exhilarating, especially when seeking the next nugget ⛏️ that will make us rich, but risk management is essential. Treasure hunters 🏴☠️ often make the same mistakes, and we'll list them.3/-Being too aggressive 🤬Not enough stablecoins and large caps.-Being reckless 🤪🧨Cryptocurrencies are volatile 📉.-Lacking knowledge 📚Understanding market cycles is crucial.-Being a follower 🐑Blindly copying influencers 🧑🦯.4/ To succeed and find crypto gems:Become a specialist in a field (NFT, DeFi, AI, Ordinal,... etc.) 🐵.Don't be afraid to lose money to learn 📚.Remember, if 20% of your cryptocurrencies increase by 10x and 80% collapse, you've doubled your money. 💰5/ In cryptocurrency, finding innovative projects early is a skill and can be informed. 📚 Over time, you'll develop the intuition 🐽 to find your gems. 💎 Here are elements to help you develop and enhance this skill:6/ Be comfortable with DEX.Coins listed on platforms like Binance usually have a high market cap. If you want to buy a new cryptocurrency, you'll often do it on a decentralized exchange (Uniswap 🦄, etc.).7/ Don't want to use DEX because it's too complicated?Use more confidential platforms like Gateio and Bitget. You can create your account using the links above.8/ Aim for small caps (10 to 100 million).If Bitcoin has a market cap of 1 trillion, it needs 99 trillion to multiply by 100. For example, a shitcoin with 1 million MC needs 99 million. This can happen quickly in cryptocurrencies.9/ Monitor whale wallets 🐋.Watch big influencers on YouTube 📽️ and set up notifications for every move in their crypto portfolio. For example, a YouTuber bought an unknown token just launched, $OHM 🔌.10/ Knowing he would talk about it in his next YouTube video 📽️, all you had to do was buy and sell to make X2 or X5. 🤑 But by reading the whitepaper 📖 and getting interested in the project, you could make X40 🤪 because it was a good crypto project.11/ Become an expert on X (Twitter).Advanced search 🔍 on X (Twitter) is your best friend. Find your new favorite shitcoin 💩. Choose a period a month after the token launch 🚀. Sort the search results chronologically 📅12/ You'll find the FIRST people who talked about this cryptocurrency on X. Follow them for future gems 💎 they'll share. Follow enough pioneers, and you'll be among the first 🥇.13/ Found a promising gem?-Go to X (Twitter).Who are the followers? -Are there known people, investment funds, DeFi big names?Less than 20,000 followers on this crypto ⁉️? You're still early, go to the Discord 🤖.14/ Take advantage of Discord.Navigating different Discord servers 🤖 can be time-consuming ⏳. But it also helps find communities of enthusiasts 🤓 who help you find gems. The first cryptocurrencies are always the hardest to find ⛏️.15/ You can check the following sites that list 📖 new projects:tokensniffer.comdexscreener.comYou can also use X @discobot3.Once you've discovered a new cryptocurrency, dig 🐽.16/ Check the X account.Get info on the official Discord 🤖 server.Check partners 🤝.Analyze tokenomics 📊 in-depth.17/ Optimize your research.Your time ⏳, energy 🪫, and attention span are limited every day. Don't rely 100% on yourself to find rare pearls 🦪 in cryptocurrencies. Your network is there to work with you.18/ Focus on a single niche.There's so much information, whether it's DeFi, NFTs, AI, launchpads, or small caps... Specialize in one sector. Adapt your X, Discord 🤖 flow, and cut the noise 🙉, get rid of unnecessary accounts.19/ Follow the right investors.Some "good" cryptocurrency investors invest long-term. Other "bad" VCs finance short-term projects to extract value from a bullish market. The list above could help you.20/ Have patience.Being patient isn't just sitting and waiting but taking initiatives while giving time for results to materialize.Take the time to subscribe, like, and share. Thank you.
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#BinanceWish WISHHHH TOOO WIIINNN LET’S GOOOOOOOO 🦄
@TheSigmaTraded
@Cryptochartcraft
@Binance_Square_Official
@TheSigmaTraded
@Cryptochartcraft
@Binance_Square_Official
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Binance Square Official
--
We’re giving away $150,000 in $BNB to make your Christmas wishes come true 🎅
Six of you stand to win $25k each, and here’s how:
🔸 Follow us @Binance_Square_Official on Binance Square
🔸 Quote this post, share your wish with #BinanceWish and mention 2 friends in your post.
We’ll pick 6 to win across all our platforms, with 2 lucky ones chosen from Binance Square, so think big & be creative!
Find the T's&C's and further details on how to enter 👉🏻
BinanceWish Announcement
Six of you stand to win $25k each, and here’s how:
🔸 Follow us @Binance_Square_Official on Binance Square
🔸 Quote this post, share your wish with #BinanceWish and mention 2 friends in your post.
We’ll pick 6 to win across all our platforms, with 2 lucky ones chosen from Binance Square, so think big & be creative!
Find the T's&C's and further details on how to enter 👉🏻
BinanceWish Announcement
🤔
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BitEagle News
--
🦅🦅 HOW TO FIND 5X, 10X, 50X NEW COINS BY YOURSELF 🦅🦅
Some of the craziest returns of 5X, 10X, 50X, or even more are achieved by people who find new coins early on-chain and hold them as they explode in growth.
Here’s how you can start researching and finding these coins for yourself 👇🏼
Finding New Coins
There are a few key metrics to look at to determine how early you are to a coin:
-Market Cap:
This is the most important metric to check as it directly affects how much room for future growth a coin has. With new high risk / high reward coins, you are going to be looking for gains of multiple Xs.
If a coin is at a market cap of $500k then it can 20X and still only be at a market cap of $10M. However, if a coin is already at a market cap of $2M then reaching that same $10M market cap target would be a 5X.
What market cap range you look for when deciding whether to buy a coin or when to take profit depends on your personal view of the potential of the coin.
If you find a project with real utility in a sector of crypto with a lot of demand, or a project that offers improvements over existing products/services then you may aim for higher.
On the other hand, if you were just lucky to be early to a coin taking advantage of a short term source of hype then you may want to take profits on the way up rather than hold longer term.
-Liquidity:
Most new coins do not launch with significant liquidity. If you are working with less capital then this can actually be an advantage for you in some cases.
When a coin has lower liquidity, it means that large buys/sells will move price more. It also means that volatility will generally be greater as it takes less volume to move price significantly.
If a coin has real potential but low liquidity, then entering with a small amount can allow you to be early without suffering too much from slippage.
Then, if the coin takes off, liquidity can improve as more is added or it gets listed on more exchanges (centralized or decentralized) which can allow larger players to then buy as well.
-Holders:
You can check on-chain how many holders a coin has. Clearly, the lower the number of holders is, the earlier you are.
-Age:
You can also check on-chain to see when the smart contract for a coin was deployed and when it was first listed on a decentralized exchange to determine exactly how new a project is.
Strategy:
The easiest way to start scanning new coins and checking the characteristics I just covered is through DexScreener.
Very new coins won’t always be listed on CoinGecko or CoinMarketCap yet, but DexScreener lists coins as soon as they are added to a dex.
It also displays price, market cap, volume, liquidity, FDV, and other metrics to make it easy to decide which coins to give a deeper look.
You can also filter all the new coins by characteristics such as age, liquidity, what chain they are on, price change, and more.
There are a few reasons a coin may catch your attention: large number of trades being taken, large price increases, significant liquidity being added early on, or even just the name of the coin.
Regardless, once you see a coin you want to learn more about you can click on it to open the chart and see more details. Here’s what to check next:
-Name/Contract Address:
You can search the name and/or contract address of a coin on twitter and do a quick scan for any red flags or or positive signs.
Red flags would include credible information that the coin may be a scam/rug or that the team/dev is dumping early on.
Positive signs could include an active twitter page for the project, a community around it, or traders with strong track records following/mentioning it.
-Holders/Liquidity Providers:
If one or a few addresses hold a significant portion of a coin’s supply it is worth figuring out why.
One of the larger holders will usually be the liquidity pool for the dex, but it is also possible that a team/dev reserved a large portion of the tokens for themselves.
It is a good sign if the LP tokens for the pool and any team/dev allocations are locked at least for a fair period of time as this incentivizes them to grow the project and removes concerns about immediate dumping.
Another reason an address may hold a large portion of the supply is if they were extremely early or sniped the token launch to buy a lot of coins for very cheap.
If this is the case, they will almost always dump the tokens at some point. However, if the project has real potential then that dump could provide a good entry.
Risk Management:
It is absolutely essential to practice strong risk management when trading new coins. It is completely possible for a new coin to go to 0 and for your investment to end up worthless.
That is the risk you take in exchange for the potentially massive rewards. However, if you implement risk management procedures then you can lower that risk.
-Portfolio Allocation:
You should not be risking any amount you are not willing to lose on new coins. Even if a new coin does end up going 10X or more, it is very common for there to be corrections of -50% or more during that uptrend due to the extreme volatility of microcap coins.
If you are overinvested then these corrections could cause you to panic sell and miss out on the subsequent gains.
On the other hand, if you are comfortable with the amount you invested then you will be able to remain calm and hold through the volatility.
-Taking Profits:
So you did the research, found a promising coin early on, and have made some crazy returns … don’t be scared to take profits if the amount you made is significant to you personally.
It is very easy to see someone else on twitter making a 6 figure trade or holding a memecoin for 1000X and feel like your own gains are small in comparison.
Unfortunately, this has led to many people refusing to take profits and giving back life-changing profits.
Don’t let that happen to you. You can always take at least partial profits and continue holding some coins in case the uptrend continues.
If you appreciate insights like this then follow me here @BitEagle News to stay up to date with everything affecting the crypto markets.
~YOU CAN SUPPORT BITEAGLE NEWS BY TIPPPING US.
THANK YOU!!!
#etf #BullRun
Here’s how you can start researching and finding these coins for yourself 👇🏼
Finding New Coins
There are a few key metrics to look at to determine how early you are to a coin:
-Market Cap:
This is the most important metric to check as it directly affects how much room for future growth a coin has. With new high risk / high reward coins, you are going to be looking for gains of multiple Xs.
If a coin is at a market cap of $500k then it can 20X and still only be at a market cap of $10M. However, if a coin is already at a market cap of $2M then reaching that same $10M market cap target would be a 5X.
What market cap range you look for when deciding whether to buy a coin or when to take profit depends on your personal view of the potential of the coin.
If you find a project with real utility in a sector of crypto with a lot of demand, or a project that offers improvements over existing products/services then you may aim for higher.
On the other hand, if you were just lucky to be early to a coin taking advantage of a short term source of hype then you may want to take profits on the way up rather than hold longer term.
-Liquidity:
Most new coins do not launch with significant liquidity. If you are working with less capital then this can actually be an advantage for you in some cases.
When a coin has lower liquidity, it means that large buys/sells will move price more. It also means that volatility will generally be greater as it takes less volume to move price significantly.
If a coin has real potential but low liquidity, then entering with a small amount can allow you to be early without suffering too much from slippage.
Then, if the coin takes off, liquidity can improve as more is added or it gets listed on more exchanges (centralized or decentralized) which can allow larger players to then buy as well.
-Holders:
You can check on-chain how many holders a coin has. Clearly, the lower the number of holders is, the earlier you are.
-Age:
You can also check on-chain to see when the smart contract for a coin was deployed and when it was first listed on a decentralized exchange to determine exactly how new a project is.
Strategy:
The easiest way to start scanning new coins and checking the characteristics I just covered is through DexScreener.
Very new coins won’t always be listed on CoinGecko or CoinMarketCap yet, but DexScreener lists coins as soon as they are added to a dex.
It also displays price, market cap, volume, liquidity, FDV, and other metrics to make it easy to decide which coins to give a deeper look.
You can also filter all the new coins by characteristics such as age, liquidity, what chain they are on, price change, and more.
There are a few reasons a coin may catch your attention: large number of trades being taken, large price increases, significant liquidity being added early on, or even just the name of the coin.
Regardless, once you see a coin you want to learn more about you can click on it to open the chart and see more details. Here’s what to check next:
-Name/Contract Address:
You can search the name and/or contract address of a coin on twitter and do a quick scan for any red flags or or positive signs.
Red flags would include credible information that the coin may be a scam/rug or that the team/dev is dumping early on.
Positive signs could include an active twitter page for the project, a community around it, or traders with strong track records following/mentioning it.
-Holders/Liquidity Providers:
If one or a few addresses hold a significant portion of a coin’s supply it is worth figuring out why.
One of the larger holders will usually be the liquidity pool for the dex, but it is also possible that a team/dev reserved a large portion of the tokens for themselves.
It is a good sign if the LP tokens for the pool and any team/dev allocations are locked at least for a fair period of time as this incentivizes them to grow the project and removes concerns about immediate dumping.
Another reason an address may hold a large portion of the supply is if they were extremely early or sniped the token launch to buy a lot of coins for very cheap.
If this is the case, they will almost always dump the tokens at some point. However, if the project has real potential then that dump could provide a good entry.
Risk Management:
It is absolutely essential to practice strong risk management when trading new coins. It is completely possible for a new coin to go to 0 and for your investment to end up worthless.
That is the risk you take in exchange for the potentially massive rewards. However, if you implement risk management procedures then you can lower that risk.
-Portfolio Allocation:
You should not be risking any amount you are not willing to lose on new coins. Even if a new coin does end up going 10X or more, it is very common for there to be corrections of -50% or more during that uptrend due to the extreme volatility of microcap coins.
If you are overinvested then these corrections could cause you to panic sell and miss out on the subsequent gains.
On the other hand, if you are comfortable with the amount you invested then you will be able to remain calm and hold through the volatility.
-Taking Profits:
So you did the research, found a promising coin early on, and have made some crazy returns … don’t be scared to take profits if the amount you made is significant to you personally.
It is very easy to see someone else on twitter making a 6 figure trade or holding a memecoin for 1000X and feel like your own gains are small in comparison.
Unfortunately, this has led to many people refusing to take profits and giving back life-changing profits.
Don’t let that happen to you. You can always take at least partial profits and continue holding some coins in case the uptrend continues.
If you appreciate insights like this then follow me here @BitEagle News to stay up to date with everything affecting the crypto markets.
~YOU CAN SUPPORT BITEAGLE NEWS BY TIPPPING US.
THANK YOU!!!
#etf #BullRun
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