#BİTCOİN The $27,700 resistance is an important resistance and it is important to maintain this resistance. Even though it tested the $28,580 level, those who took short positions are currently providing liquidity in the market. They continued the rise by exploding the shorts. When these positions run out of strength, we see downward movements in the market. If #$BITCOIN$ starts to maintain this price level within this week, it will be a big $STEP$ for the upward trend. #crypto2023 #BTC #cryptonews #DeFiChallenge #CryptoTradingBots

👉 I've seen a trader turn $20k to $2,800,000. Then back down to $20k... The problem is no matter how good you are without a strong foundation you will never keep your profit. These are the 3 foundational pillars of trading. 1. Consistent Analysis You don't need 10 indicators or multiple screens. You need a consistent method of analysis. Use whatever you want but remember keep it simple. Simplicity makes consistency easy. Start with support, resistance, market structure and volume. That's all you need. 2. Risk Management Understand position sizing, leverage, risk per trade, total risk, stop losses, liquidity, exchange risk. I've shared courses, cheat sheets and PDFs on all of them. There is no excuse. 3. Trader Journaling Journal, analyse your journal and how to use your journal to extract alpha from the markets. Trading without this is like running a business without knowing how much your employees cost or how much money you make. The two most important stats -Trade Expectancy: This refers to your average win/loss per trade. - Trade Frequency How many opportunities does your system give you? Who cares if you make +$1000 every trade, if you only get 1 opportunity a year? To get more trade opportunities you can do; Horizontal expansion: Different markets, Different assets. Vertical expansion: Different strategies, different timeframes -------------------- That's the foundation formed. Next focus on strategy and psychology.

👉 Theres many different ways to make $1,000,000. But none of them even come close to trading. Heres why daytrading blows other jobs and businesses out of the water: Flexibility of Schedule Daytrading: You pick your hours. Whether you trade the opening bell or choose specific times, it’s up to you. Other Jobs: Often come with fixed schedules, 9-5 grind, or shifts. Location Independence Daytrading: As long as you have a solid internet connection, you can trade from anywhere globally. Other Businesses: Might require a physical location, inventory storage, or on-ground presence. No Employees or Team Management Daytrading: You’re the boss of yourself. No payroll, no HR issues, no managing a team. Other Businesses: Can involve hiring, training, and management responsibilities. Low Overhead Costs Daytrading: Requires a computer, trading software, and initial capital. Other Businesses: Rent, utilities, inventory, machinery, etc., can mean higher setup costs. Scalability Daytrading: As your skills and capital grow, you can trade larger sizes and diversify strategies. Other Jobs: Growth usually comes with promotions or job shifts, which may not be frequent. Immediate Liquidity Daytrading: Profits (or losses) are realized quickly, and capital is often readily available. Other Businesses: Revenue can be tied up in invoices, inventory, or other assets. Continuous Learning & Self-Improvement Daytrading: Constantly challenges you to learn and adapt. Other Jobs: Some might offer limited growth opportunities or could become monotonous. No Clients or Customers Daytrading: You answer to the market and yourself. Other Businesses: Client management, customer service, and maintaining relationships can be demanding. Diversification Daytrading: Can diversify across sectors, assets, and markets. Other Businesses: Often focused on a particular niche or market segment. Potential for High Returns Daytrading: While risky, the potential for high ROI is there, especially with good strategies. Other Jobs: Fixed salaries or incremental business growth can limit income potential.

The debut of #Shibarium has transformed Shiba Inu from a joke coin into a legitimate #blockchain contender. For the #Shibainu community, the Shibarium blockchain operates as a Layer 2 network. The layer-2 network has been brought to light by the cryptocurrency lending technology CoinRabbit, which has recently launched to much fanfare. After years in development, the Shibarium blockchain finally went live in August after a beta version was made available for testing earlier this year. In light of the expanding non-fungible token (NFT) market, the Shibarium team has publicly indicated that gaming use cases are the network's top priority. Shibarium's Advantages The addition of Layer 2 technology, which Shibarium uses, is expected to greatly increase throughput and make the project's scalability a breeze. Users may likely anticipate significantly quicker transactions compared to conventional Layer 1 systems, while specifics on the increase have yet to be disclosed. Shibarium is an environment where programmers are free to experiment with new ideas for decentralised applications (DApps). It provides access to a sizable SHIB metaverse, where players may go on adventures throughout fantastical virtual worlds. In addition, the Shiba Inu ecosystem benefits from the increased liquidity provided by ShibaSwap, a decentralised exchange (DEX). Shiba Inu and Shiba Radium: Their Bright Future For Shiba Inu, the release of Shibarium is a watershed moment. It improves the network's scalability and utility and helps shift Shiba Inu's perception from "meme currency" to "serious project" in the blockchain sector. It will be fascinating to watch Shibarium develop and see what effect it has on the Shiba Inu ecosystem and on the blockchain industry as a whole. Shibarium has the potential to revolutionise the Shiba Inu community with to its emphasis on gaming applications, increased scalability, and decreased transaction costs.

🟨 SCALP TRADER 🟨 Scalp trading, a short-term trading strategy that aims to profit from small price movements within a single trading session, offers several potential benefits: 1. Quick Profits: Scalping allows traders to capture small price fluctuations, resulting in potentially quick profits within minutes or hours. 2. Reduced Risk Exposure: Because scalp trades are typically short-lived, they expose traders to less market risk compared to longer-term positions that are held for days or weeks. 3. Risk Management: Scalpers often use tight stop-loss orders, which can help limit potential losses on each trade, enhancing risk management. 4. Increased Trading Opportunities: Scalping can provide numerous trade setups throughout the day, offering more opportunities to profit. 5. Liquidity: Scalpers tend to focus on highly liquid markets, which can lead to faster execution of trades and reduced slippage. 6. Reduced Overnight Risk: Scalpers do not hold positions overnight, avoiding the risk associated with overnight market events and gaps. 7. Lower Capital Requirement: Scalping can be done with smaller amounts of capital since position sizes are typically smaller, making it accessible to traders with limited funds. 8. Focused Strategy: Scalpers rely on technical analysis and short-term chart patterns, allowing them to focus on specific entry and exit points. 9. Emotion Control: Scalping requires discipline and quick decision-making, which can help traders improve emotional control and decision-making skills. #crypto2023 #BTC #Layer2 #ETH #opbnb

🔥 Get ready for some exciting crypto updates and events happening in the coming weeks! Here's a sneak peek at what's in store: 🚀 On October 3rd, @RDNTCapital will be launching on Ethereum. Keep an eye out for this promising project! 🌟 @arbitrum is set to propose 75M $ARB rewards, causing a surge in activity within the Arbitrum ecosystem projects. Exciting times ahead! 🌌 The largest Cosmos conference, Cosmoverse, kicks off on October 2nd, organized by $ATOM. Don't miss out on this cosmic event! ⛓️ Brace yourself for the Chainlink Smartcon conference starting on October 2nd. Expect major announcements and groundbreaking developments from $LINK . 🗳️ The @LidoFinance community is gearing up for an important on-chain voting on October 3rd to finalize the addition of 7 operators. Your voice matters! 💥 Rumor has it that @dYdX will be launching v4 soon. Keep an eye out for a potential launch date announcement during Cosmoverse on October 2-3. 💰 The biggest DEX on Arbitrum, $GMX, has received a whopping 14M $ARB grant. This includes 6M for trading incentives, 6M for liquidity incentives, and 2M for protocol integrations. Exciting times for the Arbitrum ecosystem! 📈 On October 2nd, @vaneck_us will be launching EFUT, the only Ethereum Futures ETF structured as a C-Corp. A game-changer in the world of crypto! 🌐 Brace yourself for the transformation of @ValkyrieFunds ETF into a Bitcoin/Ethereum ETF on October 3rd. This is a significant milestone for the crypto industry! 📅 Mark your calendars for these other exciting events: - October 2: $VRA - X Space - October 2: $UOS - Fee Structure Update - October 2: $BSCS - BSCS DEX Tools Launch - October 3: $SAND - Lion City Land Sale - October 4: $CRO - Elite Tools Sale - October 5: $DSRUN - Breeding Improvements - October 5: $WELIX - Ballies Drop - October 5: $XTZ - YouTube Live AMA - October 6: $HBAR - Hello Future LIVE