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Showing posts from July, 2025

Basics of crypto trading - part 2

 I was hoping to learn trading quickly as i have some real time experience with the market, but it seems there is a lot that has to be considered while analyzing a chart. Meanwhile, I was blindly trading with few cheap tricks. Ultimately, I lost all my investment. Basically, it took me sometime before I realized market is not an option for those who believe in get rich quick schemes. Then you know the story, here I am trying to learn from the basic step. As I progress, I seriously find it difficult to understand the concepts. So, as I was learning the candle patterns yesterday, I found that there are multiple types, namely single candle pattern, double candle pattern, three candle pattern. I was thinking "How Foolish of You to simply go with your instinct as if you are on a war with market".  Seems like it is going to take more time and effort that I estimated. Still, a journey must go on if one intends to see the end of his journey, as one will only get to know what is the o...

MY FIRST POST

 Hi all, 🙋 This is my very first time writing a blog. I am very happy today as I took an initiative towards my first post. I'm going to post some content everyday, be it history, politics, entertainment, educational, chit-chats or something else. I hope the people reading my blog will be able to learn new things, have fun and grow together.

RANDOM THOUGHT RUNNING THROUGH MY MIND

JUST THOUGHT I have been simply living through my day and suddenly I had this thought "what is the difference between forgetting something after keeping it somewhere and losing it?", well I couldn't think of an answer. Oh, you do know the answer then feel free to comment it. Soon we will meet with some interesting things. Bye all.

A New Journey

 Hi all, I am going to start a new journey of my life. I am going to try something exciting and adventurous. Hold on now, if you are thinking things like, going on a trip, doing some intense physical work, doing dangerous and crazy things. I am absolutely not doing any such thing. I am about to learn something new, which is full of risks and benefits. To be precise you either end up losing everything you have got, or you return with a lot more. I think you would have guessed by now. I have decided to learn trading . I am going to share about all my journey. I believe though I am not highly skilled in trading as of now, I am going to learn and grow.  Also, I am going to update about things that I learn everyday here. So, if you want to take part in my journey, I kindly welcome you to do so. I eagerly await the journey which is going to be more of a psychological battle rather than a physically tiring one.

RANDOM THOUGHT RUNNING THROUGH MY MIND - PART 2

 what is life?           I think it depends. Depends on what? Money, Power, Fame, Wealth, Knowledge and so on. I just can't wrap up this question with single thing. What actually life is supposed to be like? I was watching a television show about the life of animals, and I just started thinking about the cycle of life. Just think about it, the difference between the life of an animal and that of a human being.          The basics remain the same for both. The ultimate goal is to survive. Animals survive by all means possible, so are humans. The thing is life is not so complicated for animals, unlike the life that humans get to live. Does living the life by any means, has any meaning? Should a life have meaning? This has been bothering me all day.           Finally, I got to a conclusion. That is, there is no need to think too much. If a life has to have a meaning, then it surely will have. So, at t...

Basics of crypto trading - part 1

 It has been a day and some hours, since I started crypto trading seriously. I tried a trade and ended up with a loss. Though the loss is not too much, still a loss is loss but seriously, it was only because I followed the basic step of trading. It was setting up target price/stop loss. Traders use TP/SL as the short form. Had I not set the stop loss, imagine what would have happened, best case being prices would have bounced back, and I would have ended up with a profit. However, what happens in the worst case, I would have lost all my capital, along with my opportunity of trading again. It is only possible to have profit if you have an initial investment. Think what could happen, if I had not set up the Stop loss and met with a worst-case scenario. Being a beginner trader of crypto, I believe it is important to follow these basics. After all, learning the basics and following them in whatever field you are is very important, as they are the ones that pave the way for you.