In #crypto #trading or #investing, 80% is really PSYCHOLOGY and 20% is the system/edge. Huge part of the reason why so little survive and thrive in the markets is because the most of the basic fundamentals of it are --- Counter-intuitive.

When price is down, FEAR can take over.
When the price is up, GREED takes over.

For more insights, follow us at www.fb.com/ikigaitraders

If you want to #trade or #invest in #crypto, it is vital to keep learning from your mistakes/losses.
Failure is part of learning. The more we fail, the faster we learn towards MASTERY.

For more #trading insights like this, follow us on www.fb.com/ikigaitraders

Wash trading is a process where a trader/investor manipulate a market by repeatedly buying/selling a security or crypto assets to create disruptive activity in the market, U.S president Joe Biden is proposing a new change in crypto taxation which will discourage investors from manipulating the tax system with his new budget plan proposal coming up soon.

#awesme #crypto #somee


[Image source](https://www.instagram.com/p/Cpkp6ZFPWvf/?igshid=YmMyMTA2M2Y=)

LEADERS are LEARNERS!!
Reading is a super power. If we want to get ahead in #crypto #trading or in life, we should always be striving for more knowledge.

Learning should not stop after school, it should be a life-long habit. All the top performers do it, we should too.

For more insights, follow us on www.fb.com/ikigaitraders

Patience is very important to have if you want to survive in the #crypto markets long-term.
Timing is huge. There's a time to wait and there's a time to be aggressive.

For more #trading insights, follow us at www.fb.com/ikigaitraders

Don't forget about the past winners.
They are winners for a reason.
In a strong and healthy market these go higher and higher as they hold.

This is how trends develop. Large push, consolidation, repeat.

Keep winners on watchlist.
Wait for non-winners to prove themselves.

For more insights, follow us at www.fb.com/ikigaitraders

Patience is very important to have if you want to survive in the #crypto markets long-term.
Timing is huge. There's a time to wait and there's a time to be aggressive.

For more #trading insights, follow us at www.fb.com/ikigaitraders

Here is an awesome new project going into presale tomorrow. https://traderai.net Watch my Youtube below and links to presale in description box of video. Thanks for the support!!!
https://youtu.be/E6820qvWZyI
#traderai #ai #crypto #somee #awesme #sme

PSYCHOLOGY and MINDSET is very important in #crypto #trading and #investing.
Master your emotions, start being profitable.

For more crypto insights, follow us on www.fb.com/ikigaitraders

Cardano starting to look pretty tasty down here in the 34 cents range. Longer term play might scale into some here then if drops scale more during this accumulation's larger phase in BTC. Guessing we will go sideways between 24 to 18 range in BTC for a while until we shake out more retail traders....ADA USD 4hr chart on tradingview.

If you are new to crypto trading or investing, it is hugely important to first learn one strategy at a time and master it. Focus on the fundamental basics of reading the markets like "Price Action dynamics".

When you master this, then you can now proceed to learn another strategy and so on.

For more trading insights, follow us at www.facebook.com/ikigaitraders

It is very important that we STAY in the game that we want to play.
Success in any endeavor requires dedication and lots of persistence to do what is necessary despite all the set backs.

Are you willing to pay the price to be successful in the #crypto markets?
What cycle are you in right now?
STAY THE COURSE my friend.

For more crypto insights, follow us on www.facebook.com/ikigaitraders

what do you know about forex?

Forex, or foreign exchange, is a global decentralized market for trading currencies. It's the largest and most liquid financial market in the world, with an estimated daily trading volume of over $6 trillion. Forex trading involves buying one currency and selling another simultaneously, with the goal of making a profit from the exchange rate movements.

The forex market is open 24 hours a day, five days a week, with trading sessions in major financial centers around the world, including New York, London, Tokyo, and Sydney. It's an over-the-counter (OTC) market, meaning that transactions are conducted directly between parties rather than on a centralized exchange.

Forex trading can be done through a variety of methods, including spot trading, futures contracts, options, and exchange-traded funds (ETFs). Retail traders can access the forex market through online trading platforms and brokers, which provide tools for analysis, charting, and trading. However, forex trading involves significant risks and is not suitable for all investors. It's important to carefully consider your financial situation, goals, and risk tolerance before investing in the forex market.

To be successful in forex trading, it's essential to have a good understanding of technical and fundamental analysis, risk management, and trading psychology. Many traders use a variety of strategies, including trend following, range trading, and breakout trading, to identify opportunities and manage risk. It's important to have a solid trading plan and to consistently follow it, as well as to continue learning and adapting to changes in the market.