Hello, Traders! Bitcoin continues to trend upward! Do you know Satoshi Nakamoto's original idea for the leading crypto? It is a fact that Bitcoin was first referred to as “electronic cash,” highlighting its purpose as a means of everyday payment. When BTC first appeared in 2009, its creator, Satoshi Nakamoto, had a clear goal: to create a digital currency that...
Hello, Traders! 🌐 Have you ever wondered why prices tend to “bounce” off certain points on a chart? Check out the image above. Those two lines? They represent support and resistance levels—the invisible boundaries guiding price movements. Let’s break it down so you can use these levels to your advantage. Support Level: The Market’s Safety Net 🛡️ Take a look...
Hello, Traders! 🌐 Profit and Loss (PNL) is a primary financial metric used to determine the profitability of investments or trading activities. It shows the difference between your earnings and expenses, making it an essential tool for traders and investors to assess their performance and decisions. At its core, PNL is pretty simple: it's the difference between...
Hello, Traders! Markets are often as much about psychology as they are about numbers. Cycles typically mirror market participants' emotional ups 📈 and downs 📉 experienced by market participants, with distinct phases reflecting collective sentiment. Understanding these emotional stages can provide critical insights into how markets behave, offering valuable...
Hello, Traders! The terms ATH (All-Time High) and ATL (All-Time Low) are crucial in crypto trading. They represent the highest and lowest prices ever reached by a particular asset. These metrics capture the extremes of an asset's value and serve as indicators of future market trends. In this article, we'll explore what ATH means in cryptocurrency, how ATH and...
Hello, Traders! Navigating the cryptocurrency market can be a thrilling ride 🎢, but it's also a maze of data and trends. One crucial metric that helps guide investors through this complexity is Market Capitalization or MCAP. So, if you’ve ever wondered how to make sense of all the numbers and signals, understanding the cryptocurrency market cap is a great place...
Hey there, Traders! Have you ever wished you had jumped back to 2010 when BTC was just $0.0025 per coin? That little $100 investment could have made you a billionaire today, right? Breathe deeply! Come with me. Breathe in, breathe out. That feeling, which gnaws at you for not acting sooner, is known as FOMO. But what exactly is FOMO? And more importantly, how can...
Hello, Traders! Have you ever wondered what Bitcoin Dominance (BTC. D) means? It’s not about Bitcoin ruling the world, but it's close! BTC. D is a measure of Bitcoin’s market capitalization relative to the total market capitalization of all digital assets. In simple terms, it's Bitcoin's share of the entire crypto market’s value. Historical Context When...
Hello, Traders! Today, we'll delve into the ongoing battle 🥊between two mighty opponents: fundamental analysis (FA) and technical analysis (TA). What is the difference between fundamental and technical analysis? What are each's strengths? Do they truly need to compete? Fighter in the Right Corner — Fundamental Analysis Introducing the first contender:...
Hello, Traders! Navigating the cryptocurrency market can be thrilling yet daunting, right? One key to mastering it is understanding crypto technical analysis (TA). Technical analysis for crypto is a method of studying financial markets, including the cryptocurrency market, through analyzing and interpreting historical price data to forecast future trends and...
Hello, Traders! Have you ever heard the phrase “Do Your Own Research,” or DYOR? No, it's neither a trendy clothing brand nor just a catchy phrase — it's an important practice. DYOR has become the primary guiding principle for crypto investors to make informed decisions. Let’s explain what DYOR means and how to conduct your research effectively. What Does DYOR...
Hello, Traders! The cryptocurrency market is well-known for its wild price swings, isn't it? These ups and downs often stir up strong emotions in traders and investors. Ever felt a bit of fear or greed when watching those price charts? You're not alone. These emotions play a massive role in trading decisions and market trends. That's where the Fear and Greed...
Hello, Traders! Today, We have to Speak about King “₿”. The Bitcoin Halving usually represents a significant milestone in the cryptocurrency's ongoing evolution. Satoshi Nakamoto programmed an event into the Bitcoin network every 210,000 blocks or approximately every 4 years. This will continue until the mining of 21 million coins (estimated to occur in ≈2140)...