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Letslearn

@letslearn

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@letslearn
GM
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🚨🇺🇸 BIT Mining will pay a $10M penalty to resolve U.S. DOJ and SEC investigations into bribery allegations involving Japanese officials.
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👉Stop-loss and take-profit orders Stop-loss orders allow traders to limit losses when a trade goes wrong. Take-profit orders ensure that they lock in profits when a trade goes well. Ideally, stop-loss and take-profit prices should be defined before entering a position, and the orders should be set as soon as the trade is open. Knowing when to cut losses is essential, especially in a volatile market where prices can tumble rapidly. Planning your exit strategy also prevents poor decision-making from emotional trading. The stop-loss and take-profit levels are also essential for calculating the risk-reward ratio of each trade. 👉Hedging Hedging is another strategy traders and investors use to mitigate financial risk. It consists of taking two positions that offset each other. Simply put, traders can hedge one trade by making an opposing trade of similar or equal size. It may seem counterintuitive to enter positions in opposite directions, but if done properly, hedging can reduce the impacts of a marke…
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🚨 CFTC has issued a notice clearing the way for spot Bitcoin ETF options to be listed.
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Common risk management strategies There is no single way to approach risk management. Investors and traders often use a combination of risk management tools and strategies to increase their chances of growing their portfolios. Below are a few examples of strategies that traders use to mitigate risks. 👉1% trading rule The 1% trading rule (or 1% risk rule) is a method traders use to limit their losses to a maximum of 1% of their trading capital per trade. This means they can either trade with 1% of their portfolio per trade or with a bigger order with a stop-loss equal to 1% of their portfolio value. The 1% trading rule is commonly used by day traders but can also be adopted by swing traders. While 1% is a general rule of thumb, some traders adjust this value according to other factors, such as account size and individual risk appetite. For instance, someone with a larger account and conservative risk appetite may choose to restrict their risk per trade to an even smaller percentage. Learn Crypto✅…
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I Sell Phaver when Social Token reach 1 $
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🟥 Common mistakes made by beginner traders and how to avoid them 👇 ♦️Overtrading - Limit the number of trades per day. ♦️Lack of a trading plan - Develop a strategy and stick to it. ♦️Failure to use stop-loss orders - Always use a stop loss. ♦️Risking too much capital - Don't risk more than you can afford. ♦️Trading on emotions - Keep emotions in check. ♦️Chasing losses - Don't try to make up for losses by overtrading. Learn Crypto✅️ Follow For More @letslearn
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STRATEGY #5: DO YOUR OWN RESEARCH (DYOR) 😎DYOR is an integral risk-reduction strategy for any investor. In the Internet age, it's easier than ever to conduct your own research. Before investing in a token, coin, project, or other asset, you must do your due diligence. It's key that you check essential information about a project, such as its white paper, tokenomics, partnerships, roadmap, community, and other fundamentals. 😎However, misinformation spreads quickly, and anyone can submit their opinions online as facts. When conducting research, consider where you're getting your information and the context in which it's presented. Shilling is commonplace, and projects or investors can spread false, biased, or promotional news as if it were sincere and factual. Like 👍 & Share 🆗 Learn Crypto✅️
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🚨📈 Bitcoin’s market cap reached $1.75 trillion on Monday, overtaking silver and becoming the world’s eighth-largest asset.
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STRATEGY #4: HAVE AN EXIT STRATEGY READY 👣Having an exit strategy is a simple but effective method for minimizing the risk of heavy losses. By sticking to the plan, you can take profits or cut losses at a predetermined point. 👣Often, it's easy to want to keep going when making gains or to put too much faith in a cryptocurrency even when prices are falling. Getting caught up in hype, maximalism, or a trading community can also cloud your decision-making. 👣One way of successfully implementing an exit strategy is to use limit orders. You can set them to automatically trigger at your limit price, whether you want to take profit or set a maximum loss. Like 👍 & Share 😀 Learn Crypto✅️
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STRATEGY #3: DIVERSIFY AND HEDGE 😊Diversifying your portfolio is one of the most popular and fundamental tools to reduce your overall investment risk. A diversified portfolio won't be too heavily invested in any asset or asset class, minimizing the risk of heavy losses from one particular asset or asset class. For instance, you may hold a variety of different coins and tokens, as well as provide liquidity and loans. 😊Hedging is a slightly more advanced strategy to protect gains or minimize losses by purchasing another asset. Usually, these assets are inversely correlated. Diversification can be a type of hedge, but perhaps the most well-known example is futures. 😊A futures contract lets you lock in a price for an asset at a future date. Imagine, for instance, you believe bitcoin's price will tumble, so you decide to hedge against this risk and open a futures contract to sell BTC for $20,000 in three months. If bitcoin’s price does indeed fall to $15,000 three months later, you will profit fro…
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If market dumps 70-72k will create fear
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STRATEGY #2: SETTING STOP-LOSS AND TAKE-PROFIT POINTS 🥳 🤨A stop-loss order sets a predetermined price for an asset at which the position will close. The stop price is set below the current price and, when triggered, helps protect against further losses. A take-profit order works the opposite way, setting a price at which you want to close your position and lock in a certain profit. 🤯Stop-loss and take-profit orders help you manage your risk in two ways. First, they can be set up in advance and will be executed automatically. There's no need to be available 24/7, and your pre-set orders will be triggered if prices are particularly volatile. This also allows you to set realistic limits for the losses and profits you can take. 🤯It’s better to set these limits in advance rather than in the heat of the moment. While it can be strange to think of take-profit orders as part of risk management, you shouldn't forget that the longer you wait to take profit, the higher the risk the market could fall…
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🚨🇺🇸 Over $200 billion added to the cryptocurrency market today.
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STRATEGY #1: CONSIDER THE 1% RULE ⭐The 1% rule is a simple risk management strategy that entails not risking more than 1% of your total capital on an investment or trade. If you have $10,000 to invest and want to adhere to the 1% rule, there are a few ways to do so. ⭐One would be to purchase $10,000 worth of bitcoin (BTC) and set a stop-loss or stop-limit order to sell at $9,900. Here, you would cut your losses at 1% of your total investment capital ($100). ⭐You could also purchase $100 of ether (ETH) without setting a stop-loss order, as you would only lose a maximum of 1% of your total capital if the price of ETH were to drop to 0. The 1% rule doesn't affect the size of your investments but the amount you are willing to risk on an investment. ⭐The 1% rule is especially important for crypto users due to the market's volatility. It can be easy to get greedy, and some investors may put too much into one investment and even suffer heavy losses expecting their luck to turn. Like 👍 & Share…
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🚨🇩🇪 Europe’s Largest Telecom Operator Deutsche Telekom plans to pilot Bitcoin mining to improve energy efficiency.
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What is risk management? 🟢We are constantly managing risks throughout our lives – either during simple tasks (such as driving a car) or when making new insurance or medical plans. In essence, risk management is all about assessing and reacting to risks. 🟢Most of us manage them unconsciously during everyday activities. But, when it comes to financial markets and business administration, assessing risks is a crucial and very conscious practice. 🟢In economics, we may describe risk management as the framework that defines how a company or investor handles financial risks, which are inherent to all kinds of businesses. 🟢For traders and investors, the framework may include the management of multiple asset classes, such as cryptocurrencies, Forex, commodities, shares, indices, and real estate. 🟢There are many types of financial risks, which can be classified in various ways. This article gives an overview of the risk management process. It also presents some strategies that can help traders…
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🚨BREAKING: Tether registers $2.5. billion in net profit for Q3, bringing the year-to-date total to $7.7 billion.
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🚨🇺🇸 Institutional Traders just sold the most amount of stocks last week in more than 9 years.
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🚨🇺🇸 US spot bitcoin ETFs saw $479 million in net inflows yesterday, highest in two weeks.
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