10Set-Trade Psychology-Hidden Gem #1-Parabolic Sweeping Pattern!
Hello Traders,
I will be posting my top 5 hidden Gem Holdings in a series of 5 postings.
This is strictly my opinion and in no way financial advice, as the saying goes -- do your own freaking research! At the end of the day, a successful trader is one who has done their own thorough valuation and feels 100% confident in their decision. This is important for a number of reasons but the biggest one is to keep your hands strong during corrections or pullbacks, so you have the finger strength or mental strength to not sell for a loss.
Too many times I would jump into the hype, buy the green and sell the red. No, no, no. Took years for me to listen to my own voice. And finally, take action on my hours of research and hours of time put into looking for my next investment. Simply put, I would do all of this research, put all of this time into finding my next purchase, and then as soon as an influencer came out talking about a new coin, I would quickly (with zero thought or due diligence) sell all of my holdings to buy a pump and then quickly lose all of my money in the falling dump. Sound familiar?
This doesn't have to be your trading experience or at least it doesn't need to be your trading style. It can stop today but it starts with you figuring out what has worked and what has most definitely not worked in the past. Look at previous trades you entered and "won" on your own accord. What do I mean by this? I mean what projects or coins have you invested in after you researched the project, purchased the project, and then received a profit? I don't mean the dumb luck coins you bought into after hearing from a 3rd party that it was a good project to get into.
I'm talking about the project you took time to learn about and earned some money on. Once you've located a couple of trades that you successfully made money on, you'll want to think back on the steps that led you to this winning trade (this is the benefit of keeping a trading journal). Did you enter the trade because of the fundamentals, the TA/ pullback, Twitter attention, Google trends, or CoinMarketCal events? You'll start to see a pattern from behind your winning trades and the steps that led to you purchasing a coin and then ending with a successful trade. The next layer will be a checklist or formula of what each project needs to meet before you pull the trigger to buy it.
Don't get me wrong, we need crypto influencers but don't let it be the sole reason why your purchase a project, let it be one of the steps on your crypto checklist to reassure you in your purchase. Serious crypto earnings come to the serious crypto investors. They're organized, systematic, emotionless (you have to be bc the market has zero sympathies for your losses), consistent, and involved in the crypto community.
If you're interested in getting my crypto checklist, I'm happy to share it. Just post a message on my Twitter (https://twitter.com/MarkStPeter) and I'll share it with you.
Lol, I thank you if you made it to the end of this. A little bit of a rant but let's get to the details of this hidden gem.
10set is set to start their review to get on some exchanges in the near future. There isn't a lot of info yet on their market cap. But based on their total supply divided by the current price of $2.85, my estimate would put the fully diluted market cap at $71,878,150.
There's been a massive spick in volume over the last week. There are currently about 9,800 holders and they have over 53k followers on Twitter. Right now on the hourly, I'm seeing a parabolic sweeping pattern, which has generally resulted in a continued uptrend.
This project is a deflationary token with a smart staking system, that bridges cryptocurrencies with the stock market. This caught my eye as I haven't seen to many projects doing this. I like the team behind them and I'm expecting big things for this project.
I'll update this as we go along but in the meanwhile, good luck!
I will be posting my top 5 hidden Gem Holdings in a series of 5 postings.
This is strictly my opinion and in no way financial advice, as the saying goes -- do your own freaking research! At the end of the day, a successful trader is one who has done their own thorough valuation and feels 100% confident in their decision. This is important for a number of reasons but the biggest one is to keep your hands strong during corrections or pullbacks, so you have the finger strength or mental strength to not sell for a loss.
Too many times I would jump into the hype, buy the green and sell the red. No, no, no. Took years for me to listen to my own voice. And finally, take action on my hours of research and hours of time put into looking for my next investment. Simply put, I would do all of this research, put all of this time into finding my next purchase, and then as soon as an influencer came out talking about a new coin, I would quickly (with zero thought or due diligence) sell all of my holdings to buy a pump and then quickly lose all of my money in the falling dump. Sound familiar?
This doesn't have to be your trading experience or at least it doesn't need to be your trading style. It can stop today but it starts with you figuring out what has worked and what has most definitely not worked in the past. Look at previous trades you entered and "won" on your own accord. What do I mean by this? I mean what projects or coins have you invested in after you researched the project, purchased the project, and then received a profit? I don't mean the dumb luck coins you bought into after hearing from a 3rd party that it was a good project to get into.
I'm talking about the project you took time to learn about and earned some money on. Once you've located a couple of trades that you successfully made money on, you'll want to think back on the steps that led you to this winning trade (this is the benefit of keeping a trading journal). Did you enter the trade because of the fundamentals, the TA/ pullback, Twitter attention, Google trends, or CoinMarketCal events? You'll start to see a pattern from behind your winning trades and the steps that led to you purchasing a coin and then ending with a successful trade. The next layer will be a checklist or formula of what each project needs to meet before you pull the trigger to buy it.
Don't get me wrong, we need crypto influencers but don't let it be the sole reason why your purchase a project, let it be one of the steps on your crypto checklist to reassure you in your purchase. Serious crypto earnings come to the serious crypto investors. They're organized, systematic, emotionless (you have to be bc the market has zero sympathies for your losses), consistent, and involved in the crypto community.
If you're interested in getting my crypto checklist, I'm happy to share it. Just post a message on my Twitter (https://twitter.com/MarkStPeter) and I'll share it with you.
Lol, I thank you if you made it to the end of this. A little bit of a rant but let's get to the details of this hidden gem.
10set is set to start their review to get on some exchanges in the near future. There isn't a lot of info yet on their market cap. But based on their total supply divided by the current price of $2.85, my estimate would put the fully diluted market cap at $71,878,150.
There's been a massive spick in volume over the last week. There are currently about 9,800 holders and they have over 53k followers on Twitter. Right now on the hourly, I'm seeing a parabolic sweeping pattern, which has generally resulted in a continued uptrend.
This project is a deflationary token with a smart staking system, that bridges cryptocurrencies with the stock market. This caught my eye as I haven't seen to many projects doing this. I like the team behind them and I'm expecting big things for this project.
I'll update this as we go along but in the meanwhile, good luck!