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Ceejaybiz

Hey! Let's maximize trading opportunities and make money. We are stronger together!
Open Trade
Occasional Trader
5.3 Years
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72 Followers
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He Earned 10,000 BTC but lost it allThis is Jeremy Sturdivant, the first man to earn 10,000 BTC but never became a crypto billionaire 😔 Ridiculous right? Here's the story So, in 2010, a programmer named Laszlo Hanyecz posted on a forum that he'd pay 10,000 Bitcoin for two pizzas.  It was a funny request at the time. People didn't even think 10,000 BTC was worth paying for a pizza. Well, he's been coding all day and was really hungry but didn't have any money as he was yet to be paid for the project. The only thing of value he had was Bitcoin, which was more like internet points than money at the time. Surprisingly, an early crypto user named Jeremy Sturdivant agreed to order the pizzas for him in exchange for 10,000 BTC. Those two pizzas cost him about $41 in cash. The 10,000 BTC didn’t go to Papa John’s (or any pizza shop). Jeremy paid real cash to order the pizzas and Laszlo sent him 10,000 BTC. The transaction went viral and was largely recognized as the first real-world Bitcoin transaction — one that made a lot of people start thinking of Bitcoin as “real” money. Now, that date is remembered every year as the day in history when the most expensive pizza 🍕 was ordered. But the funny twist is that Jeremy never held on to the 10,000 BTC. He spent it on random internet things, as he didn't see Bitcoin as an investment but experimental internet money. Today, that same 10,000 BTC would be worth hundreds of millions of dollars. So yeah… Jeremy didn't become a crypto billionaire. That’s what makes early crypto so wild: People weren’t stupid—they just had no idea what they were holding. $BTC $BTX $XRP {spot}(BTCUSDT) {alpha}(560xaa242a47f4cc074e59cbc7d65309b1f21202aaa3) {spot}(XRPUSDT)

He Earned 10,000 BTC but lost it all

This is Jeremy Sturdivant, the first man to earn 10,000 BTC but never became a crypto billionaire 😔
Ridiculous right? Here's the story

So, in 2010, a programmer named Laszlo Hanyecz posted on a forum that he'd pay 10,000 Bitcoin for two pizzas. 
It was a funny request at the time. People didn't even think 10,000 BTC was worth paying for a pizza.
Well, he's been coding all day and was really hungry but didn't have any money as he was yet to be paid for the project.
The only thing of value he had was Bitcoin, which was more like internet points than money at the time.
Surprisingly, an early crypto user named Jeremy Sturdivant agreed to order the pizzas for him in exchange for 10,000 BTC.
Those two pizzas cost him about $41 in cash.
The 10,000 BTC didn’t go to Papa John’s (or any pizza shop). Jeremy paid real cash to order the pizzas and Laszlo sent him 10,000 BTC.
The transaction went viral and was largely recognized as the first real-world Bitcoin transaction — one that made a lot of people start thinking of Bitcoin as “real” money.
Now, that date is remembered every year as the day in history when the most expensive pizza 🍕 was ordered.
But the funny twist is that Jeremy never held on to the 10,000 BTC. He spent it on random internet things, as he didn't see Bitcoin as an investment but experimental internet money.
Today, that same 10,000 BTC would be worth hundreds of millions of dollars.
So yeah… Jeremy didn't become a crypto billionaire.
That’s what makes early crypto so wild:
People weren’t stupid—they just had no idea what they were holding.
$BTC $BTX $XRP

Will the Israel-Iran war affect the price of Crypto?As long as the Isreal - Iran war persist, the global economy will feel its brunt. But the persistent question now is, will this war affect crypto, which is largely considered as a new asset class? Will investors in the Middle East move their funds into crypto or will they shy away? Will the rise in the price of oil affect crypto negatively or positively? Since energy is becoming more scarce and expensive, will crypto which still partly rely on energy-dependent PoW become more expensive too? Will this war drive crypto to new heights just like the COVID-19 did? Is this war another premeditated coincidence that gives crypto a reason to rally again? What do you think? $TRUMP $BTC

Will the Israel-Iran war affect the price of Crypto?

As long as the Isreal - Iran war persist, the global economy will feel its brunt.
But the persistent question now is, will this war affect crypto, which is largely considered as a new asset class?

Will investors in the Middle East move their funds into crypto or will they shy away?
Will the rise in the price of oil affect crypto negatively or positively?
Since energy is becoming more scarce and expensive, will crypto which still partly rely on energy-dependent PoW become more expensive too?
Will this war drive crypto to new heights just like the COVID-19 did?
Is this war another premeditated coincidence that gives crypto a reason to rally again?
What do you think?
$TRUMP $BTC
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Bearish
Has $NIGHT seen the absolute bottom of that retest yet? I don't think so. {spot}(NIGHTUSDT) Yes, $NIGHT recently broke away from that dreaded resistance, but did you think it would just continue going up non-stop? Well, I think it is coming back down to retest that zone again, as a support. If the support holds, then $NIGHT might continue another upwards stride. But for now, the sentiment is bearish, and it could go as low as 0.039. Do you think it's time to SHORT this coin?
Has $NIGHT seen the absolute bottom of that retest yet?

I don't think so.

Yes, $NIGHT recently broke away from that dreaded resistance, but did you think it would just continue going up non-stop?

Well, I think it is coming back down to retest that zone again, as a support.

If the support holds, then $NIGHT might continue another upwards stride.

But for now, the sentiment is bearish, and it could go as low as 0.039.

Do you think it's time to SHORT this coin?
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Bullish
Want to stop getting liquidated? I know that feeling when you receive a liquidation email. Your funds is gone, your hope is shattered, and you have to start all over again. But it doesn't always have to be so every time. Don't let your excitement for profit overshadow your prudent management of trading funds. Here are some ways to stop getting liquidated: 🎯 Keep your margin/leverage reasonable 🎯 Use Stop Loss in your trades 🎯 Have reasonable profit targets 🎯 Trade with a portion of your account 🎯 Keep improving your trading skills {spot}(DEGOUSDT) {spot}(XRPUSDT) $DEGO $XRP
Want to stop getting liquidated?

I know that feeling when you receive a liquidation email.

Your funds is gone, your hope is shattered, and you have to start all over again.

But it doesn't always have to be so every time.

Don't let your excitement for profit overshadow your prudent management of trading funds.

Here are some ways to stop getting liquidated:

🎯 Keep your margin/leverage reasonable

🎯 Use Stop Loss in your trades

🎯 Have reasonable profit targets

🎯 Trade with a portion of your account

🎯 Keep improving your trading skills

$DEGO $XRP
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Bullish
Like I said in a previous post, something good is cooking at $AVAX In my opinion, the only way now is up. Price has done all the sweeping at support and buyers are now taking out sellers on the way up. This is no gimmick. Just compare the 4H timeframe and the Daily timeframe for $AVAX On the Daily, price jumped with a bullish engulfing pattern and strikes a hammer on the way up. While on the 4H, price performed a clean liquidity sweep at the support, engulfed the sellers on the way up, made a u-turn to test support again as if to say, "I own this zone now", and then casually engulfed sellers through on through. You know what this is. It's about to get sweet to traders right now. Are you going to join the party? Or just stay looking on the sidelines? It's $AVAX babyyyy!!! {spot}(AVAXUSDT)
Like I said in a previous post, something good is cooking at $AVAX

In my opinion, the only way now is up.

Price has done all the sweeping at support and buyers are now taking out sellers on the way up.

This is no gimmick.

Just compare the 4H timeframe and the Daily timeframe for $AVAX

On the Daily, price jumped with a bullish engulfing pattern and strikes a hammer on the way up.

While on the 4H, price performed a clean liquidity sweep at the support, engulfed the sellers on the way up, made a u-turn to test support again as if to say, "I own this zone now", and then casually engulfed sellers through on through.

You know what this is.

It's about to get sweet to traders right now.

Are you going to join the party? Or just stay looking on the sidelines?

It's $AVAX babyyyy!!!
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Bullish
A lot of traders are actually sleeping on this token $TAO I mean, for days, it has continued to quietly gather upward momentum, even breaking past previous resistance. There is a big opportunity to enter this trade on the retest of that broken resistance now turned support at around $290. If this new support holds, we might see a pump towards $400 price. Do you think this is a good trade opportunity? Let me know. {spot}(TAOUSDT)
A lot of traders are actually sleeping on this token $TAO

I mean, for days, it has continued to quietly gather upward momentum, even breaking past previous resistance.

There is a big opportunity to enter this trade on the retest of that broken resistance now turned support at around $290.

If this new support holds, we might see a pump towards $400 price.

Do you think this is a good trade opportunity? Let me know.
In a previous post, I predicted that $SIREN could touch $1 and it eventually happened even went below. So why did I think it would go that low? Well, it is simple logic. The price spiked and a lot of traders got on it. If a price makes that sudden pump, then it's logical that a price correction will happen soon. So, what did some smart traders do? They simple short $SIREN Now, when you have that huge number of traders shorting a token, then it can dump quickly. The same thing is happening right now. It is pumping and traders are making money and smiling to the bank. But the question remains, should you join the party? Would SIREN dump back again? Do your own analysis! {future}(SIRENUSDT)
In a previous post, I predicted that $SIREN could touch $1 and it eventually happened even went below.

So why did I think it would go that low?

Well, it is simple logic.

The price spiked and a lot of traders got on it. If a price makes that sudden pump, then it's logical that a price correction will happen soon.

So, what did some smart traders do?

They simple short $SIREN

Now, when you have that huge number of traders shorting a token, then it can dump quickly.

The same thing is happening right now.

It is pumping and traders are making money and smiling to the bank.

But the question remains, should you join the party?

Would SIREN dump back again?

Do your own analysis!
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Bullish
Can $AVAX go any lower than this? Currently at the lowest support zone on the Monthly timeframe. {spot}(AVAXUSDT) But there seems to be some ray of hope, when you look deeply in the daily timeframe. If it breaks upwards, a bullish rally could be in the horizon. But the question remains, will $AVAX hold or will it fall through? Let the game begin...
Can $AVAX go any lower than this? Currently at the lowest support zone on the Monthly timeframe.

But there seems to be some ray of hope, when you look deeply in the daily timeframe.

If it breaks upwards, a bullish rally could be in the horizon.

But the question remains, will $AVAX hold or will it fall through?

Let the game begin...
How to make easy money from newly launched tokens on BinanceDon't rush in and buy once the new token launches!!! I made that mistake and lost over 40% of my crypto capital 🥺🥺 Now, here's how you can profit from a newly launched token without taking much risk. There's something called 'price bounce' and it's a very interesting concept. A price bounce happens within an hour of the launch of a new token, just like a retracement. In a price bounce, traders who bought high will lose money, but it also presents an opportunity for savvy traders to make some profit. With a price bounce, you have to enter, make your profit, and exit as quickly as possible. Within that hour timeframe, else your trade becomes susceptible to the market forces. The more you practice making money with a price bounce in a newly launched token, the more proficient you'll be at identifying it and making money with the opportunity. $HUMA $KAITO $BANANAS31 {spot}(HUMAUSDT) {spot}(KAITOUSDT) {spot}(BANANAS31USDT)

How to make easy money from newly launched tokens on Binance

Don't rush in and buy once the new token launches!!!
I made that mistake and lost over 40% of my crypto capital 🥺🥺
Now, here's how you can profit from a newly launched token without taking much risk.
There's something called 'price bounce' and it's a very interesting concept.
A price bounce happens within an hour of the launch of a new token, just like a retracement.
In a price bounce, traders who bought high will lose money, but it also presents an opportunity for savvy traders to make some profit.
With a price bounce, you have to enter, make your profit, and exit as quickly as possible. Within that hour timeframe, else your trade becomes susceptible to the market forces.
The more you practice making money with a price bounce in a newly launched token, the more proficient you'll be at identifying it and making money with the opportunity.
$HUMA $KAITO $BANANAS31


$SORRY - The crypto that really meant what it saysLet me tell you a short story about a particular crypto. It happened early in the crypto bubble when ICOs were still a thing, someone built a crypto project named $SORRY. So, it all started as a joke on Twitter, now X. Someone tweeted: “What if we made a coin that just apologizes when you lose money?” People laughed and joked about it. In fact, it trended for a few days until someone actually built it. Yes, someone or a group of people built this token just like a real crypto project. But the White paper was brutally honest. It had: - No utility- No roadmap- A warning that you'll probably lose money It was totally honest. And funny enough, whenever price dipped, an automatic tweet was published on the token's X handle: “We’re sorry.” Honestly, it felt like a joke. Like a middle finger to the entire crypto space. However, people still bought in. Massively. Not because they believed in it, but because they believed in each other’s naivety in this new digital asset called crypto currency. Afterall, it's a free world and anything backed by the mob can be pumped hard. “Pump and dump has no emotion”, they said. But something surprisingly happened, the price of $SORRY actually started going up. It was rising fast and people where buying more of it. Some called it "hype" while holders screamed "to the moon!!" Luckily enough, early buyers doubled, then tripled their money. Screenshots flooded twitter and other social media platforms. “I can’t believe this is working.” "$SORRY I'm not sorry I bought this token." And that was the hook. Honestly, people don't care if a coin is useless as long as someone else is willing to buy it for a higher price. And that's what happened in this case. Influencers started promoting it, people formed private groups to coordinate online campaigns, and people who didn’t understand it started asking how to buy. Welcome to the crypto bubble! And just like a real crypto project: - Early investors became evangelists- Doubters were mocked- Risk was reframed as “being early” Someone even tweeted: "If you miss $SORRY, you'll be sorry forever. Lol" And everything was going fine until one day, a random warning popped up from the token's official X account: “This token has no future. Please don’t invest more than you can afford to lose.” For a moment, the market dipped. Holders panicked, and traders became a little hesitant. Until someone randomly tweeted: “This is psychological. They’re shaking out weak hands.” Then came a reply: "Diamond hands forever. HODL!!" That was all that was needed for the market to rally and the price of the token began to pump even harder. At the end of that particular day, $SORRY achieved an ATH to the surprise of many. Well, everything seemed fine for this token and its holders until a few months after. Then the familiar signs started showing up. Slow withdrawals, network congestion, liquidity restructuring, etc. People actually got nervous, but not enough to leave. Because leaving meant accepting the truth. Then one morning, it all came to a screeching halt. Website unavailable, Charts flatlined, Wallets not loading. No drama, no noise. Just quiet disappearance on a cold winter morning. How brutal could this be? Some people lost a few hundred dollars, others lost life savings, but most holders lost something harder to admit: Their confidence in their own judgment. And here's the worst part. Nobody could even claim they were lied to. The name was $SORRY. The warnings were public. The joke was obvious. And yet, when it all ended, the last tweet from the token's handle was published:  “We’re sorry.” This time, it really wasn’t funny 😂 $FLOW $OPEN $AVAX {spot}(AVAXUSDT) {spot}(FLOWUSDT) {spot}(OPENUSDT)

$SORRY - The crypto that really meant what it says

Let me tell you a short story about a particular crypto.
It happened early in the crypto bubble when ICOs were still a thing, someone built a crypto project named $SORRY.
So, it all started as a joke on Twitter, now X. Someone tweeted:
“What if we made a coin that just apologizes when you lose money?”
People laughed and joked about it. In fact, it trended for a few days until someone actually built it.
Yes, someone or a group of people built this token just like a real crypto project.
But the White paper was brutally honest. It had:
- No utility- No roadmap- A warning that you'll probably lose money
It was totally honest.
And funny enough, whenever price dipped, an automatic tweet was published on the token's X handle:
“We’re sorry.”
Honestly, it felt like a joke. Like a middle finger to the entire crypto space.
However, people still bought in. Massively.
Not because they believed in it, but because they believed in each other’s naivety in this new digital asset called crypto currency.
Afterall, it's a free world and anything backed by the mob can be pumped hard. “Pump and dump has no emotion”, they said.
But something surprisingly happened, the price of $SORRY actually started going up.
It was rising fast and people where buying more of it.
Some called it "hype" while holders screamed "to the moon!!"
Luckily enough, early buyers doubled, then tripled their money. Screenshots flooded twitter and other social media platforms.
“I can’t believe this is working.”
"$SORRY I'm not sorry I bought this token."

And that was the hook.
Honestly, people don't care if a coin is useless as long as someone else is willing to buy it for a higher price.
And that's what happened in this case.
Influencers started promoting it, people formed private groups to coordinate online campaigns, and people who didn’t understand it started asking how to buy.
Welcome to the crypto bubble!
And just like a real crypto project:
- Early investors became evangelists- Doubters were mocked- Risk was reframed as “being early”
Someone even tweeted:
"If you miss $SORRY, you'll be sorry forever. Lol"
And everything was going fine until one day, a random warning popped up from the token's official X account:
“This token has no future. Please don’t invest more than you can afford to lose.”
For a moment, the market dipped. Holders panicked, and traders became a little hesitant.
Until someone randomly tweeted:
“This is psychological. They’re shaking out weak hands.”
Then came a reply:
"Diamond hands forever. HODL!!"
That was all that was needed for the market to rally and the price of the token began to pump even harder.
At the end of that particular day, $SORRY achieved an ATH to the surprise of many.
Well, everything seemed fine for this token and its holders until a few months after.
Then the familiar signs started showing up. Slow withdrawals, network congestion, liquidity restructuring, etc.
People actually got nervous, but not enough to leave. Because leaving meant accepting the truth.
Then one morning, it all came to a screeching halt. Website unavailable, Charts flatlined, Wallets not loading.
No drama, no noise. Just quiet disappearance on a cold winter morning.
How brutal could this be?
Some people lost a few hundred dollars, others lost life savings, but most holders lost something harder to admit: Their confidence in their own judgment.
And here's the worst part. Nobody could even claim they were lied to.
The name was $SORRY. The warnings were public. The joke was obvious.
And yet, when it all ended, the last tweet from the token's handle was published: 
“We’re sorry.”
This time, it really wasn’t funny 😂
$FLOW $OPEN $AVAX
3 Ways to Quickly Spot a Winning TradeSo, you want to know how to quickly spot a trade that can make you some profit? If yes, then you are no different than millions of us traders who gather on Binance daily looking for trading opportunities to capitalize on. If you want to reduce your losing trades and start having more winning trades, then these tips will help you. Prolonged Consolidation Find trades with prolonged consolidation and support or resistance zones. Consolidation happens in-between trends. So, after an uptrend, price might consolidate before it continues the uptrend or reverses to a downtrend. What you want to do is monitor a prolonged consolidation to find out where price is moving next before jumping in. Exhausting Trend Trends get exhausted just like humans do after walking a long mile ☺️ An exhausting Trend is a sign that price might reverse. So, an exhausted uptrend might turn into a downtrend, and vice versa. All you want to do is look out for signs of exhausting Trend and capitalize. Some signs of exhausting trends include formation of smaller candlesticks, failure of price to reach previous highs or lows, etc. Patterns at R&S Zones Candlestick patterns at Resistance and Support zones could also help you spot winning trades. For example, a morning star candlestick pattern at the support zone on the daily timeframe could be a strong signal that a downtrend is about to reverse. PS: If you're looking to jump on some trending coins right now, consider these ones >>> $A2Z $FLOW $KAITO {future}(A2ZUSDT) {future}(KAITOUSDT)

3 Ways to Quickly Spot a Winning Trade

So, you want to know how to quickly spot a trade that can make you some profit?
If yes, then you are no different than millions of us traders who gather on Binance daily looking for trading opportunities to capitalize on.
If you want to reduce your losing trades and start having more winning trades, then these tips will help you.
Prolonged Consolidation
Find trades with prolonged consolidation and support or resistance zones.
Consolidation happens in-between trends. So, after an uptrend, price might consolidate before it continues the uptrend or reverses to a downtrend.
What you want to do is monitor a prolonged consolidation to find out where price is moving next before jumping in.
Exhausting Trend
Trends get exhausted just like humans do after walking a long mile ☺️
An exhausting Trend is a sign that price might reverse.
So, an exhausted uptrend might turn into a downtrend, and vice versa.
All you want to do is look out for signs of exhausting Trend and capitalize.
Some signs of exhausting trends include formation of smaller candlesticks, failure of price to reach previous highs or lows, etc.
Patterns at R&S Zones
Candlestick patterns at Resistance and Support zones could also help you spot winning trades.
For example, a morning star candlestick pattern at the support zone on the daily timeframe could be a strong signal that a downtrend is about to reverse.
PS: If you're looking to jump on some trending coins right now, consider these ones >>> $A2Z $FLOW $KAITO

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Bullish
The sharks are coming home to roost for $XRP get ready 😱 {spot}(XRPUSDT) Can Ripple get to $5 in this alt season? How much profit will you have if $XRP hit $5 or even $10?
The sharks are coming home to roost for $XRP get ready 😱


Can Ripple get to $5 in this alt season?

How much profit will you have if $XRP hit $5 or even $10?
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Bullish
No matter don't get liquidated! Never ever get liquidated!! Always stay on the winning side. Choose trades that are pumping, avoid coins that are crashing, use a modest margin and take your profit always. There are some coins that are on the winning side right now, such as $BANANAS31 $GUN or $OPEN . Find the right pull back in the right time frame, and enter the trade. You don't to be a professional to start making profit. You only have to demonstrate the right trading skills to start earning reasonable profit. Stay winning. {spot}(BANANAS31USDT) {spot}(GUNUSDT) {spot}(OPENUSDT)
No matter don't get liquidated! Never ever get liquidated!!

Always stay on the winning side. Choose trades that are pumping, avoid coins that are crashing, use a modest margin and take your profit always.

There are some coins that are on the winning side right now, such as $BANANAS31 $GUN or $OPEN .

Find the right pull back in the right time frame, and enter the trade.

You don't to be a professional to start making profit. You only have to demonstrate the right trading skills to start earning reasonable profit.

Stay winning.
5 Methods I use to Hedge my Trades Against LossesHave you ever noticed a potential profitable trade and just jumped on it? For example, you eagerly enter a $SOL trade, smiling, and rubbing your palms waiting for profits to start rolling in. Then, Boom!🥺 It gets bursted and you start seeing red everywhere.😭 A potential profitable trade just started playing against you and burning your capital like hell.😱 Then you get stopped out. Yes, your stop loss get hit 🎯 and you are out of the trade. 😔 But just when you thought that the worse is over, $SOL makes a u-turn and starts pumping up 😂 You see that your initial call was right. You saw the trade clean and clear, but somehow somewhere the trade didn't play out just the way you wanted it to. Maybe your entry was wrong or maybe you just didn't have the right hedge to keep your trade safe and sound. And that's why I want to show you a few ways to hedge your trade against losses. This might just be the difference between consistently hitting your trade targets and getting stopped out every single time. Let's get right to it. 1. THE STOP-LOSS BUFFER There are many times I've got stopped via my stop loss but then the trade makes a u-turn and starts going in the direction I predicted. Most of the time, this is because my stop loss is too tight. Too close. Too near. I've learned to always give my stop loss some room to breathe. I don't just place it below the support area. Instead I place my stop loss at a position that is realistically impossible for price to get to if my trade analysis is right. Read that again, slowly and carefully. 2. THE REASONABLE LEVERAGE Haha. I remember back when I used to trade with a 50X leverage 😂 Just a little price draw down and my account is liquidated. That is because my leverage is often unreasonable. Nowadays, I set a reasonable margin such as 3X or 5X. The highest I've attempted recently is 10X and that's even unusual. But I've discovered that the more reasonable my leverage, the more winning trades I get. 3. THE HABIT OF DRAWING CHARTS My number one rule is, always draw your charts no matter what. Draw the trendline, draw the channel, mark out the resistance and support zones, draw for different time-frames. If you do this enough, you'll avoid confusion and take more confident trades. 4. WAIT FOR TRADE CONFIRMATION I always believe in confirming my trades before executing them. No more panic trades, no more FOMO, no more second guessing. I simply confirm my trade bias before committing to the trade. This means that I might not catch some trades and I might be left behind in some rallies, but one thing I'm sure of is that I don't take a trade that has not been confirmed to my trade bias. This has helped me hedge my bet and made me a more mature trader. 5. ALWAYS TAKE PROFIT Greed is good, but greed can be dangerous. I have one rule, always take your profit. Always, every time. I do this by either by taking a partial profit on winning trades or moving my stop loss to a higher position. This effectively means that even if the trade starts going against me, I already have some profit in the bag. Even if I get stopped out, I still make a profit. That is is my hedge right there, and that is how winning traders trade. Copy that and you'll start winning too! #Hedge #StayProfitableStayProfitable

5 Methods I use to Hedge my Trades Against Losses

Have you ever noticed a potential profitable trade and just jumped on it? For example, you eagerly enter a $SOL trade, smiling, and rubbing your palms waiting for profits to start rolling in.
Then, Boom!🥺 It gets bursted and you start seeing red everywhere.😭
A potential profitable trade just started playing against you and burning your capital like hell.😱
Then you get stopped out. Yes, your stop loss get hit 🎯 and you are out of the trade. 😔
But just when you thought that the worse is over, $SOL makes a u-turn and starts pumping up 😂
You see that your initial call was right. You saw the trade clean and clear, but somehow somewhere the trade didn't play out just the way you wanted it to.
Maybe your entry was wrong or maybe you just didn't have the right hedge to keep your trade safe and sound.
And that's why I want to show you a few ways to hedge your trade against losses. This might just be the difference between consistently hitting your trade targets and getting stopped out every single time.
Let's get right to it.
1. THE STOP-LOSS BUFFER
There are many times I've got stopped via my stop loss but then the trade makes a u-turn and starts going in the direction I predicted.
Most of the time, this is because my stop loss is too tight. Too close. Too near.
I've learned to always give my stop loss some room to breathe. I don't just place it below the support area. Instead I place my stop loss at a position that is realistically impossible for price to get to if my trade analysis is right.
Read that again, slowly and carefully.
2. THE REASONABLE LEVERAGE
Haha. I remember back when I used to trade with a 50X leverage 😂 Just a little price draw down and my account is liquidated.
That is because my leverage is often unreasonable.
Nowadays, I set a reasonable margin such as 3X or 5X. The highest I've attempted recently is 10X and that's even unusual.
But I've discovered that the more reasonable my leverage, the more winning trades I get.
3. THE HABIT OF DRAWING CHARTS
My number one rule is, always draw your charts no matter what.
Draw the trendline, draw the channel, mark out the resistance and support zones, draw for different time-frames.
If you do this enough, you'll avoid confusion and take more confident trades.
4. WAIT FOR TRADE CONFIRMATION
I always believe in confirming my trades before executing them.
No more panic trades, no more FOMO, no more second guessing.
I simply confirm my trade bias before committing to the trade.
This means that I might not catch some trades and I might be left behind in some rallies, but one thing I'm sure of is that I don't take a trade that has not been confirmed to my trade bias.
This has helped me hedge my bet and made me a more mature trader.
5. ALWAYS TAKE PROFIT
Greed is good, but greed can be dangerous.
I have one rule, always take your profit. Always, every time.
I do this by either by taking a partial profit on winning trades or moving my stop loss to a higher position.
This effectively means that even if the trade starts going against me, I already have some profit in the bag.
Even if I get stopped out, I still make a profit. That is is my hedge right there, and that is how winning traders trade.
Copy that and you'll start winning too!
#Hedge #StayProfitableStayProfitable
{spot}(SOLUSDT) Everybody put your hands up and say Solana $SOL will make me rich this year! You know that when $SOL begins to rise, it doesn't stop. I just goes Boom! Well, we might just be at that point right now, with a bullish engulfing pattern on the daily timeframe showing that a $SOL pump might just be imminent. Everybody get ready!! It's about to go down!!!
Everybody put your hands up and say Solana $SOL will make me rich this year!

You know that when $SOL begins to rise, it doesn't stop. I just goes Boom!

Well, we might just be at that point right now, with a bullish engulfing pattern on the daily timeframe showing that a $SOL pump might just be imminent.

Everybody get ready!! It's about to go down!!!
·
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Bullish
$SOL is very funny. After watching the daily charts, I drew my channel and noticed that price was about to bounce from support and begin an uptrend, so I jumped in. Well, just like $AVAX I was stopped out as my stop loss got triggered. This didn't mean that i was wrong, just that my entry was too early or miscalculated. Well, it's not too late to buy Solana $SOL right now. Just use the 4H timeframe and wait for a bullish reaction at the support zone of this channel. What do you say Buddy? {spot}(SOLUSDT) {spot}(AVAXUSDT)
$SOL is very funny. After watching the daily charts, I drew my channel and noticed that price was about to bounce from support and begin an uptrend, so I jumped in.

Well, just like $AVAX I was stopped out as my stop loss got triggered.

This didn't mean that i was wrong, just that my entry was too early or miscalculated.

Well, it's not too late to buy Solana $SOL right now. Just use the 4H timeframe and wait for a bullish reaction at the support zone of this channel.

What do you say Buddy?
If $SIREN touch $1.5 What will you do?Ok, $SIREN crossed $4 just a few days ago, but nobody expected it to rally that fast, and nobody expected it to stay that high either. As it stands, $SIREN could go as low as $1.5 or even $1 if traders continue to short it heavily. On the 1H timeframe, this coin doesn't seem to be holding up. So, this is the earliest signal that the sky might be falling! So, I ask again, if $SIREN touch $1.5 what would you do? Will you start accumulating at a cheap price or will you short the coin HARD to squeeze out more profit? Let me know your next action plan. #buylowsellhigh #ToTheMoon🌕✨ {future}(SIRENUSDT)

If $SIREN touch $1.5 What will you do?

Ok, $SIREN crossed $4 just a few days ago, but nobody expected it to rally that fast, and nobody expected it to stay that high either.
As it stands, $SIREN could go as low as $1.5 or even $1 if traders continue to short it heavily.
On the 1H timeframe, this coin doesn't seem to be holding up. So, this is the earliest signal that the sky might be falling!

So, I ask again, if $SIREN touch $1.5 what would you do?
Will you start accumulating at a cheap price or will you short the coin HARD to squeeze out more profit?
Let me know your next action plan.
#buylowsellhigh #ToTheMoon🌕✨
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Bullish
$NIGHT just broke that like it's nothing ☺️ You probably saw it coming and stacked the bag right? Or didn't you? Well, if not, you'll still get another chance! {spot}(NIGHTUSDT)
$NIGHT just broke that like it's nothing ☺️ You probably saw it coming and stacked the bag right?

Or didn't you?

Well, if not, you'll still get another chance!
·
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Bullish
is $AVAX about to make a big climb? The ascending channel is confirmed on the daily timeframe, with a bullish engulfing pattern at support. Could this be a good buy for $AVAX believers? What do you think? Yay! {spot}(AVAXUSDT)
is $AVAX about to make a big climb? The ascending channel is confirmed on the daily timeframe, with a bullish engulfing pattern at support.

Could this be a good buy for $AVAX believers?

What do you think?

Yay!
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