Crypto Library๐
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This book talks how to avoid all of the early pitfalls that I and many other rookies fell for, so you donโt have to follow in our footsteps.
What if you could avoid the early problems of tackling crypto, cut the learning curve in half, and startย PROFITING FASTER?
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๐ Trading Signals
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We've asked for a free link to a paid channel, for our subs.
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๐๐ SigmaPoker x TON Punks Collaboration ๐๐
Time to ante up, poker fans!
โณ Until April 24th, 00:00 (UTC+3), we're bring you an electrifying online crypto poker competition!
๐น Prize Fund: A whopping $3000 in $PUNK tokens!
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โ ๏ธ Five irrational tendencies traders should avoid
Here we have five human biological tendencies that can ruin a trader or investor's career ๐
1. Loss aversion is the observation that human beings experience losses asymmetrically more severely than equivalent gains. Example: Humans are irrational, for most, it's way better not to lose $20 than to find $20, and of course, this affects every trader and investor.
2. The framing effect proposes that individuals make decisions based on how an issue is presented, or โframed,โ rather than on the facts presented. Example: Up or down markets create natural positive or negative framing for investors, and they act very differently.
3. The availability heuristic refers to the phenomenon of determining the likelihood of an event according to the ease of recalling similar instances. Example: An investor may impulsively buy or sell a stock based on recent news headlines without conducting a thorough analysis.
4. Herd mentality bias refers to investors' tendency to follow and copy what other investors are doing. They are largely influenced by emotion and instinct rather than by their own independent analysis. Example: The two dot-com bubbles of 1990 and 2000 are prime examples of the ramifications of herd instinct.
5. The endowment effect refers to an emotional bias that causes individuals to value an owned object higher, often irrationally, than its market value. Example: A person is selling a car for $40,000. However, the sales price for the same model at a local dealership is $20,000; in this case, the person perceives the car as more valuable since they own it.
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The year 2024 is the year of crypto๐ Many coins are set to rocket by 20-100x from their current value. This is not an opportunity to be missed!
On his channel, Harry shares life hacks for smart investing and selecting the top-tier projects during the bull run๐ฅ๐ฅEveryone can build significant capital, even if you're a beginner
Join my friend's channel to stay on top of the trends and not miss out on profitable projects:
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Seven Bull Market Tips ๐ฎ
1. Donโt ignore memecoins, or other coins that are fundamentally useless. They usually outperform when FOMO directs liquidity flow.
2. Don't look at the charts too much, or you'll be tempted to make decisions you may regret later.
3. Donโt try to sell to buy back a little bit lower, this rarely works out.
4. Never fully close your spot position, always leave a little "moonbag".
5. Don't Fomo-buy after big green candles, buy the red and sell the green, not the other way around.
6. You should always take profits at a pre-determined level, stick to your strategy, and write it down if you can't.
7. Don't leave too much money staked in tokens or liquidity pools with high APY. If you start thinking about retiring based on the yield you're earning, it's almost always a sell signal.
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