On a journey to excel in trading? Follow me for educational threads, with practical tips, market insights, and clear explanation of trading terms & indicators📚
Mar 26, 2023 • 12 tweets • 3 min read
🤔 Ever wondered why some traders make consistent profits while others blow up their accounts?
The answer might surprise you: it's not just about picking winning trades, it's about POSITION SIZING! Let me break it down for you in this thread. 🧵👇 2/ Position sizing is the practice of deciding how much money to put into a single trade. It's especially crucial in the crypto market, where prices can see wild swings. By managing your risk, you can protect your capital and maximize your gains. Let's see some examples.
Mar 24, 2023 • 11 tweets • 3 min read
🧵1/10 Exciting news today! #zkSync has just released their Mainnet Alpha! Let's dive into this promising Layer 2 scaling solution for Ethereum and learn how to get the upcoming #Airdrop ! 🚀
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Mar 22, 2023 • 9 tweets • 2 min read
Centralized vs Decentralized Exchanges
As you venture into the cryptocurrency market, it's essential to understand the differences between centralized exchanges (CEX) and decentralized exchanges (DEX). Let's explain the difference in simple terms! 👇
Centralized Exchanges 🏢
CEX are like banks for cryptocurrencies. They manage users' crypto assets and facilitate trading. Examples include PrimeXBT, Binance, and Coinbase. You can trade easily, but it's controlled by a central authority.
The expectations are 10.7% for no rate hike (0 points) and 89.3% for a 25-point hike. In this thread, we'll explore why and how the Federal Reserve uses interest rates as a tool, other tools and the history behind it, and some examples 👇
Before we continue, if you would like to learn more about what the FOMC is doing and the impacted on the market. You can read my thread from yesterday. Just follow the link:
The #FOMC meeting is happening TOMORROW, and it could have a big impact on your investments! 💸
With 18% of the market expecting a pause and others anticipating a 25-point hike, you'll want to understand what's going on to make smart decisions. So, let's dive into this 👇
The FOMC is a group of important people from the Federal Reserve who make big decisions about how money works in the US. They meet ~8 times a year to decide on "monetary policy." Their main tool? Interest rates!
In this thread, I'll break down the repo market in simple terms so that anyone can understand it. Plus, I'll explain its importance for #crypto 👇
* Don't forget to like and commend if you learned something
Imagine you need a short-term loan, and you have valuable items to use as collateral. You give the items to a friend, and they lend you the money. After a short period, you return the money plus some interest and get your items back. 🔄
Mar 17, 2023 • 9 tweets • 2 min read
🎯 RSI Made Easy: Ever heard of the Relative Strength Index and wondered what it's all about? This handy technical analysis indicator can help you identify overbought and oversold conditions in the market. Let's break it down in this thread! 🧵👇
What is RSI? It's a tool that helps track how fast and how much the price of an investment changes. The RSI score goes from 0 to 100, and it shows when the market might be ready for a change by showing if an investment is too popular (overbought) or too unpopular (oversold)