This bull run is a once-in-a-lifetime opportunity to make your first million.
Properly invested $5k-$10k now = $million+ in 2025.
But most will end this bull run with $0 cause they don't know how to build a successful portfolio.
Here's my mega-article on how

➮ In this article, we will go through the 3 main aspects of a successful portfolio:
1. Risk management
2. Managing your portfolio
3. Taking profits strategy
Let's dive in

➮ Creating a Risk Management strategy
✧ The first thing to understand when creating such a strategy, u don't need to be profitable in every TX
✧ With proper risk/reward, u can lose in 9 out of 10 deals, and yet this 1 successful trade out of 10 will bring you into profit

➮ Overall, this means that you should treat losses as part of the journey and that with the right strategy, you will still be in profit
✧ The first step to successfully implementing such a strategy is diversification
The main thing is not to do over or under diversification

➮ Therefore, I recommend having at least 30% in blue chips, with 15%-60% in stablecoins
✧ Everything else depends on you
✧ Choose projects considering narratives and the state of the current market
Let me explain

➮ If the market is bullish, having exposure to more assets is generally advantageous, but you also need to be careful not to lose track of your investments
✧ In a sideways market, it's better not to do this and to invest in projects you are confident in, focusing on quality

➮ Managing ur portfolio
✧ Properly managing ur portfolio is key to success in crypto
✧ What your management should consist of:
- Take Profits
- Rebalance strategy
- Find new projects
- Stake and compound
- Discarding existing holdings
Now about the most important ones

➮ Taking Profits
✧ Taking profits properly is key to successful portfolio management
✧ You should consider:
- Time zone
- Risk/reward
- Financial goals
Now I will share with you my strategy for how to take profits

➮ I prefer to take out my initial investment when a project does 2x and then continue holding depending on my belief in the project
✧ This way, I lose part of the profit but reduce the risk of losing everything
✧ Ofc, I apply this strategy to more risky plays

➮ Also remember that 30%-60% of your portfolio should be in stables
✧ Why? To buy the dips/stake/farm
✧ I do this by taking profits on the way up and farming stables in the meantime
✧ When I deploy, I restock stable at the next best chance to earn

➮ Staking
✧ To find good staking options, monitor Twitter, Binance square, etc.
✧ Remember, staking requires time to manage fluctuating rates
✧ Allocate weekly time to optimize to manage your LPs and farms to ensure you’re compounding

➮ Rebalance strategy
✧ Rebalancing is probably one of the most complex aspects of a successful portfolio
How do you use it?
✧ Suppose you bought two coins for $100 each, which are now worth $1k for the 1st and $10 for the 2nd
This is where we would use rebalancing

➮ As coins rise or fall, so does your risk/reward ratio, which is why we use rebalancing
✧ In the situation I described above, you have two choices:
- Leave everything as it is
- Transfer part of the first token into other options
Now, it’s all about opportunity cost

➮ Always remember that holding a coin is the same as buying it
That is, if you hold $SOL worth $190, it's the same as being willing to buy it now at $190
Ask yourself this question when you're rebalancing

This is the basis of what you should do when creating your portfolio, but remember to DYOR
If you want to delve deeper and explore more diversification strategies, etc,
THEN FOLLOW ME @BitEagle News 👈
#BitEagleNews #PortfolioManagement #BullRun

Struggling to make profits this year?
That's because you didn't have the right crypto trading strategy yet.
Most paid channels won't like me sharing this but I'll do it anyway👇
The market often trades in a range.
When these ranges break, they can offer some of the best trading opportunities.
If you learn how? The game changes considerably in your favor and the sky is the limit.
Let's go from the basics to a pro 👉
Resistance is the highest point before price pulled back. This is also called a swing high.
Support is the lowest point before price went back up. This is also called a swing low.
Both support and resistance appear in an uptrend or downtrend.
We will just trade both of them differently depending on the current trend.
Only buy at support in an uptrend.
Only sell at resistance in a downtrend.
Always follow the trend. Never go against it.
Chart Example:
On the left side we see an uptrend. Any of these supports are great buying opportunities.
Only buy the the dips.
On the right side we see a downtrend. Any resistance are great selling opportunities.
Only sell the rallies.
A trendline is also a type of support and resistance.
This time they are diagonal instead of horizontal however.
Connect the swing lows in an uptrend or the swing highs in a downtrend.
As long as this line holds you trade with the direction of the trend.
The more points you can connect the better.
In an uptrend you buy the dips
In a downtrend you sell the rallies
Once the line breaks there's a potential reversal. Uptrend to downtrend or downtrend to uptrend.
The higher the time frame the more accurate.
A channel is when we connect both the highs and the lows in an up or downtrend.
They are based on the same concept of trendlines. Once one of these breaks we have a potential reversal.
If they hold you continue trading with the trend.
More about using real strategy on this concept.
Break and retest involves waiting untill price breaks out and only entering a trade when price comes back and retests that broken area.
The best traders wait for price to come to them and not chase it.
When something breaks you can be aggressive and enter a trade right away or you can be conservative and wait for price to come back to you.
Trading conservative in 99% of times will do you more good.
A previous resistance becomes support once broken.
A previous support becomes resistance once broken.
Wait for price to break out and come back to test that area as valid support or resistance.
Enter the trade.
Trendlines are no different.
Wait for price to break your trendline and come back to retest it.
Let price validate your broken area and give you a better entry.
Enter the trade.
You can look at multiple different time frames.
A 1 hour chart is not a 4 hour chart and vice versa.
The more analysis techniques you combine including timeframes will drastically improve the odds of success.
Combine TA with FA and more and you'll have the holy grail in your hands.
Master it, study it and execute it.
Wealth awaits.
If you like these article consider giving me a follow @BitEagle News
I write guides to make you a better trader

#BullRun #BitEagleNews

If you're interested in earning free cryptocurrency, Binance offers several user-friendly methods. Here’s a breakdown of the best strategies:
1. Binance Megadrop

What is it?
Binance Megadrop is a promotional event where you can earn free crypto by participating in activities.
How to participate:
1. Lock BNB: Lock your BNB to earn points.
2. Complete quests: Engage in Web3 quests.
3. Earn rewards: Get new tokens based on your points.
Tips:
- Stay updated on Megadrop events.
- Complete quests early to maximize rewards.
For more details, visit the Binance Megadrop page.
2. Binance Earn

What is it?
Binance Earn lets you grow your crypto through various financial products.
How to use it:
- Flexible Savings: Earn daily interest while keeping your funds accessible.
- Locked Savings: Lock your crypto for higher interest rates.
- Staking: Earn rewards by holding specific cryptocurrencies.
- Liquidity Farming: Provide liquidity to earn trading fees and additional rewards.
Tips:
- Diversify your investments.
- Regularly check interest rates.
- Understand the terms and conditions.
For more details, visit the Binance Earn page.
3. Binance Launchpool

What is it?
Binance Launchpool allows you to stake crypto and earn new tokens for free.
How to participate:
1. Stake tokens: Deposit supported cryptocurrencies.
2. Earn new tokens: Receive new tokens based on your stake.
3. Redeem tokens: Use your earned tokens as you wish.
Tips:
- Research the projects.
- Stake more to earn more.
- Monitor your earnings.
For more information, visit the Binance Launchpool page.
4. Binance Learn and Earn

What is it?
Binance Learn and Earn rewards you for learning about crypto.
How to participate:
1. Enroll in courses: Sign up for educational courses.
2. Complete quizzes: Test your knowledge with quizzes.
3. Earn rewards: Get crypto for passing quizzes.
Tips:
- Study the material thoroughly.
- Regularly check for new courses.
- Engage actively with the content.
For more details, visit the Binance Learn and Earn page.
5. Write2Earn on Binance Square

What is it?
Write2Earn rewards you for creating original content about crypto.
How to participate:
1. Create an account: Sign up on Binance Square.
2. Submit content: Write and share insightful articles.
3. Engage with the community: Promote your articles and participate in discussions.
4. Earn rewards: High-engagement articles earn crypto rewards.
Tips:
- Focus on quality content.
- Be consistent with your submissions.
- Actively engage with readers.
For more details, visit the Write2Earn page.

Earning free cryptocurrency on Binance Square is easy and accessible.
By participating in events like Binance Megadrop, using Binance Earn products, staking in Binance Launchpool, learning through Binance Learn and Earn, and creating content with Write2Earn, you can maximize your earnings and deepen your involvement in the crypto world.
Stay informed, participate actively, and make the most of these opportunities!

#BitEagleNews #EarnFreeCrypto2024 #BinanceLaunchpool