💸 TOP 3 books for a trader 💸
💥 Reminiscences of a Stock Operator
Written by Edwin Lefèvre and published in 1923, is possibly the single most recommended book for aspiring traders and investors. This book is one of the few attempts at a detailed biographical account of one of the famous investors in stock market circles in the early 20th century and provides interesting insights into Livermore's self-education as a trader.
💥The Intelligent Investor
Benjamin Graham's book holds the distinction of being touted by famed investor Warren Buffett as the best book ever written on the subject of investing, and as one of the primary sources for his own education in trading stocks.
💥 Market Wizards
Jack Schwager has put together two very popular books on trading: "Market Wizards" and "The New Market Wizards." Both books consist of interviews with some of the most successful traders of the past half-century.
Have you read any of these books? Would you like to read them?
💥 Reminiscences of a Stock Operator
Written by Edwin Lefèvre and published in 1923, is possibly the single most recommended book for aspiring traders and investors. This book is one of the few attempts at a detailed biographical account of one of the famous investors in stock market circles in the early 20th century and provides interesting insights into Livermore's self-education as a trader.
💥The Intelligent Investor
Benjamin Graham's book holds the distinction of being touted by famed investor Warren Buffett as the best book ever written on the subject of investing, and as one of the primary sources for his own education in trading stocks.
💥 Market Wizards
Jack Schwager has put together two very popular books on trading: "Market Wizards" and "The New Market Wizards." Both books consist of interviews with some of the most successful traders of the past half-century.
Have you read any of these books? Would you like to read them?
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Anthony Day, specialist in crypto, thoughts about Metaverses:
«🚨💡What is required to build the Metaverse (Blockchain, VR/AR, Apps) and who is building it today? Here’s a great map from CB Insights to get you started…
The idea of an interoperable, borderless virtual environment where individuals and organisations can come together to work and play has really captured the tech industry’s imagination lately…
The concept of the Metaverse (most believe there is one Metaverse, but many domains within it) is still emerging, and it’s not only about flying around in VR helmets. Other important considerations are:
- Collaboration models
- Economic models
- Human-machine interaction
- Digital identify
- Infrastructure like storage and compute
- And much, much more…
What’s your favourite resource for learning / explaining about the Metaverse? Do you believe this is the future of work and play, or an over-hyped fad? 🚀🌔»
What do u think?
«🚨💡What is required to build the Metaverse (Blockchain, VR/AR, Apps) and who is building it today? Here’s a great map from CB Insights to get you started…
The idea of an interoperable, borderless virtual environment where individuals and organisations can come together to work and play has really captured the tech industry’s imagination lately…
The concept of the Metaverse (most believe there is one Metaverse, but many domains within it) is still emerging, and it’s not only about flying around in VR helmets. Other important considerations are:
- Collaboration models
- Economic models
- Human-machine interaction
- Digital identify
- Infrastructure like storage and compute
- And much, much more…
What’s your favourite resource for learning / explaining about the Metaverse? Do you believe this is the future of work and play, or an over-hyped fad? 🚀🌔»
What do u think?
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💸 What You Must Know Before Investing in Cryptocurrency 💸
💥💥💥 If you’ve decided to invest in the cryptocurrency market, it’s important, as with any other investment, to do your own research (DYOR).
🤓 When it comes to cryptocurrencies, one of the biggest challenges for investors is not getting caught up in the hype. Perhaps the most fundamental question you should ask yourself before making a cryptocurrency investment is why you’re doing it. There are myriad investment vehicles available, many of which offer greater stability and less risk than digital currencies.
🚀 Take time to learn about the different currencies offered in addition to researching blockchain technology. By better understanding cryptocurrencies and blockchain technology, you’ll be more fully equipped to determine whether a potential investment opportunity is worthwhile.
👯♀️ Digital currency space is a trendy area – things tend to change and develop quickly. Part of the reason is that a robust and very active community of digital currency investors and enthusiasts are communicating around the clock.
📃 When considering an investment, take the time to read the project’s white paper. Every cryptocurrency project should have one, and it should be easily accessible (if it’s not, consider a red flag).
😎 Have you already invested in cryptocurrencies or not yet? Share your experience in the comments!
Learn more about our tokenomics here
💥💥💥 If you’ve decided to invest in the cryptocurrency market, it’s important, as with any other investment, to do your own research (DYOR).
🤓 When it comes to cryptocurrencies, one of the biggest challenges for investors is not getting caught up in the hype. Perhaps the most fundamental question you should ask yourself before making a cryptocurrency investment is why you’re doing it. There are myriad investment vehicles available, many of which offer greater stability and less risk than digital currencies.
🚀 Take time to learn about the different currencies offered in addition to researching blockchain technology. By better understanding cryptocurrencies and blockchain technology, you’ll be more fully equipped to determine whether a potential investment opportunity is worthwhile.
👯♀️ Digital currency space is a trendy area – things tend to change and develop quickly. Part of the reason is that a robust and very active community of digital currency investors and enthusiasts are communicating around the clock.
📃 When considering an investment, take the time to read the project’s white paper. Every cryptocurrency project should have one, and it should be easily accessible (if it’s not, consider a red flag).
😎 Have you already invested in cryptocurrencies or not yet? Share your experience in the comments!
Learn more about our tokenomics here
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8.Finance analyst — Oleg, thoughts about Bitcoin 🤓
«Nothing is impossible in the cryptocurrency markets, no one can be 100% sure of the next trend. We are dealing with probabilities that increase or decrease as new signals emerge. For example, false bullish breakouts (there have already been three on the daily chart, marked in red circles) following a consolidation triangle increase the probability that price will decline further. If we witness a fourth false bullish breakdown, Scott Minerd's forecast will increase its chances of coming true.» ♾
Do you agree?🤓👇
«Nothing is impossible in the cryptocurrency markets, no one can be 100% sure of the next trend. We are dealing with probabilities that increase or decrease as new signals emerge. For example, false bullish breakouts (there have already been three on the daily chart, marked in red circles) following a consolidation triangle increase the probability that price will decline further. If we witness a fourth false bullish breakdown, Scott Minerd's forecast will increase its chances of coming true.» ♾
Do you agree?🤓👇
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🤓 Cryptocurrency glossary for those who are just starting to dive into the world of crypto!
🔹 BEP-20 - A standard (protocol) for tokens issued on the Binance Smart Chain blockchain network. Similar to ERC-20 for the Ethereum network, but provides more features and lower transaction costs.
🔹 Blockchain - A technology for maintaining a register where a record of transactions is kept. Transaction information is stored in 'blocks', which are added one by one to form a 'chain'. Hence, the term: 'blockchain'.
🔹 BSC - Binance Smart Chain. A blockchain network created in the ecosystem of Binance, the largest exchange for cryptocurrency assets.
🔹 Bug Bounty Program - A program run by a project to find/fix vulnerabilities, and to improve (test) its security. Whoever finds the threats to security gets a reward from the project.
🔹 Burning - Burning tokens. Means reducing the number of tokens previously issued in order to maintain the value of the tokens (deflationary measure).
More
🔹 BEP-20 - A standard (protocol) for tokens issued on the Binance Smart Chain blockchain network. Similar to ERC-20 for the Ethereum network, but provides more features and lower transaction costs.
🔹 Blockchain - A technology for maintaining a register where a record of transactions is kept. Transaction information is stored in 'blocks', which are added one by one to form a 'chain'. Hence, the term: 'blockchain'.
🔹 BSC - Binance Smart Chain. A blockchain network created in the ecosystem of Binance, the largest exchange for cryptocurrency assets.
🔹 Bug Bounty Program - A program run by a project to find/fix vulnerabilities, and to improve (test) its security. Whoever finds the threats to security gets a reward from the project.
🔹 Burning - Burning tokens. Means reducing the number of tokens previously issued in order to maintain the value of the tokens (deflationary measure).
More
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Our COO Alex generously gives us some analysts!🤙🏻
«Today we can observe the formation of a local A-A channel on the cryptocurrency market. There are two main formational models. The reaction in the vicinity of the "Dynamic Line" will decide which of them will take place. The reference point for the formation of models will be June 13 with the successful consolidation by buyers above the levels of $33,000 and $37,000, respectively.
The main condition for the implementation of scenarios is the price movement within the A-A channel. Models can be considered as corrective, but there are still risks for investors on the market.» ♾
Do you agree?🤓
«Today we can observe the formation of a local A-A channel on the cryptocurrency market. There are two main formational models. The reaction in the vicinity of the "Dynamic Line" will decide which of them will take place. The reference point for the formation of models will be June 13 with the successful consolidation by buyers above the levels of $33,000 and $37,000, respectively.
The main condition for the implementation of scenarios is the price movement within the A-A channel. Models can be considered as corrective, but there are still risks for investors on the market.» ♾
Do you agree?🤓
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😎 We are pleased to present our adviser Scott 🤙🏻
🤓 Scott has worked as a software developer for 15+ years, during this time his projects have led him through all aspects of the software development cycle ♻️
🚀 For the past 7 years he has specialized in the field of BlockChain Technologies, Web3 as well as the field of Automation and Asset Trading.
💸 Having designed such software in this space has led him to have a great and unique understanding of the markets and the crypto space that he applies successfully to his own investment portfolio as well as to his clients needs when consulting about potential projects that exist in the Crypto space.
👯♀️ Scott is excited to be an Advisor for 8.Finance and we are excited to utilize his skills. Scott believes 8.Finance is a promising transparent product that will slot in perfectly to the current climate of the crypto space, something we all need right now!
🤓 Scott has worked as a software developer for 15+ years, during this time his projects have led him through all aspects of the software development cycle ♻️
🚀 For the past 7 years he has specialized in the field of BlockChain Technologies, Web3 as well as the field of Automation and Asset Trading.
💸 Having designed such software in this space has led him to have a great and unique understanding of the markets and the crypto space that he applies successfully to his own investment portfolio as well as to his clients needs when consulting about potential projects that exist in the Crypto space.
👯♀️ Scott is excited to be an Advisor for 8.Finance and we are excited to utilize his skills. Scott believes 8.Finance is a promising transparent product that will slot in perfectly to the current climate of the crypto space, something we all need right now!
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🧐 What Is a Reverse ICO? 🧐
🚀 An initial coin offering (ICO) is a way for blockchain companies to raise funds using a dedicated digital token.
💸 This process, which has come to be known as a "reverse ICO," sees a traditional business take steps to venture into the decentralized realm of the digital currency world.
🏦 A reverse ICO, rather than issuing tokens for a new venture, are tokens issued by an established or mature company. Established companies can sell tokens to interested investors as a means of decentralizing, or as a way to accrue additional investment, or to help launch a new, blockchain-focused branch, according to a report by Coin Insider.
🤷♀️ The SEC and state regulators restrict what type of securities a company can issue and by what means, making a reverse ICO tricky for some companies.
❗️ Investing in cryptocurrencies and Initial Coin Offerings is highly risky and speculative, and this article is not a recommendation to invest in cryptocurrencies or ICOs.
🚀 An initial coin offering (ICO) is a way for blockchain companies to raise funds using a dedicated digital token.
💸 This process, which has come to be known as a "reverse ICO," sees a traditional business take steps to venture into the decentralized realm of the digital currency world.
🏦 A reverse ICO, rather than issuing tokens for a new venture, are tokens issued by an established or mature company. Established companies can sell tokens to interested investors as a means of decentralizing, or as a way to accrue additional investment, or to help launch a new, blockchain-focused branch, according to a report by Coin Insider.
🤷♀️ The SEC and state regulators restrict what type of securities a company can issue and by what means, making a reverse ICO tricky for some companies.
❗️ Investing in cryptocurrencies and Initial Coin Offerings is highly risky and speculative, and this article is not a recommendation to invest in cryptocurrencies or ICOs.
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🤓 Social responsibility
Upon reaching a certain level of maturity 8.Finance, we are going to direct part of the funds to provide the poor with access to education that will help them get a job. We direct funds specifically to the education sector because it is the most reliable social elevator 📚
Upon reaching a certain level of maturity 8.Finance, we are going to direct part of the funds to provide the poor with access to education that will help them get a job. We direct funds specifically to the education sector because it is the most reliable social elevator 📚
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8.Finance analyst — Oleg, thoughts about Bitcoin 🤓
«For several days, bitcoin traded flat above the 28650 level.
Some traders were bored. Others bought and put a stop loss below the psychological mark of 28,000. Today something happened that could be called a panic trap.
Some thought the flat was over, and the new fall has begun - maybe to 25K - and opened short positions. Others lost positions because of the stop loss. When the price moved back above 28650 both groups were in pain.
In fact, I see a bullish pattern because the market is free of buyers. And now the rise in price will bring joy to a very small number of traders. As you know, most lose. So a price rise after a panic trap could be a great place to open a long.» ♾
Do you agree?🤓👇
«For several days, bitcoin traded flat above the 28650 level.
Some traders were bored. Others bought and put a stop loss below the psychological mark of 28,000. Today something happened that could be called a panic trap.
Some thought the flat was over, and the new fall has begun - maybe to 25K - and opened short positions. Others lost positions because of the stop loss. When the price moved back above 28650 both groups were in pain.
In fact, I see a bullish pattern because the market is free of buyers. And now the rise in price will bring joy to a very small number of traders. As you know, most lose. So a price rise after a panic trap could be a great place to open a long.» ♾
Do you agree?🤓👇
🚀 How do I learn more about the cryptocurrency that I want to buy?
To learn more about cryptocurrencies, join an online community of cryptocurrency investors and enthusiasts, such as that found on Telegram, to see what the community is discussing. Read the white paper that outlines specific details about the cryptocurrency project that you’re considering. Every project should have an easily accessible white paper — if it’s not, consider that a red flag.🚩
To learn more about cryptocurrencies, join an online community of cryptocurrency investors and enthusiasts, such as that found on Telegram, to see what the community is discussing. Read the white paper that outlines specific details about the cryptocurrency project that you’re considering. Every project should have an easily accessible white paper — if it’s not, consider that a red flag.🚩
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📈 If you flip the bitcoin chart, you can see the classic pattern: "Three Peaks and the Domed House" - George Lindsay. In modern adaptation to the market, the probability of working out a pattern may decrease, but for most players, this formation is a positive argument.
🧑🏻🎓George Lindsay is a famous analyst and trader. From 1950 to the 1970s Lindsay has created some of the most fruitful and profitable innovations in technical analysis. Brilliant and out of the ordinary, Lindsay was given the Market Technician Award in 1991, the most prestigious award in the field.
What do you think?🤓👇
🧑🏻🎓George Lindsay is a famous analyst and trader. From 1950 to the 1970s Lindsay has created some of the most fruitful and profitable innovations in technical analysis. Brilliant and out of the ordinary, Lindsay was given the Market Technician Award in 1991, the most prestigious award in the field.
What do you think?🤓👇
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😎 We are pleased to present our designer and artist Dana 🤙🏻
😍 All the cool and bright pictures that you saw on our channels are her handiwork. And this picture too!
Dana has worked with social media for 5 years as a content creator, SMM manager, and designer. She used to work in big media and with famous brands, so she surely knows how to communicate with the audience and connect people with brands. Every piece of content and design is important while building the brand with a loyal community. Oh, and don't forget about crypto memes. Dana is also a great comedian.🤪
Since social media is the face of the brand, Dana takes care of 8.Finance reputation and media image. Having perfect UX and UI - is a sign of respect to our community, and Dana will take care to make your communication with 8.Finance clear, useful, and fun.😛
😍 All the cool and bright pictures that you saw on our channels are her handiwork. And this picture too!
Dana has worked with social media for 5 years as a content creator, SMM manager, and designer. She used to work in big media and with famous brands, so she surely knows how to communicate with the audience and connect people with brands. Every piece of content and design is important while building the brand with a loyal community. Oh, and don't forget about crypto memes. Dana is also a great comedian.🤪
Since social media is the face of the brand, Dana takes care of 8.Finance reputation and media image. Having perfect UX and UI - is a sign of respect to our community, and Dana will take care to make your communication with 8.Finance clear, useful, and fun.😛
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🤓 What is a cold wallet? 🤓
🔒 A cold wallet is a hardware device for storing bitcoins or other cryptocurrencies offline. This is the safest way to store cryptocurrency. Technically, it stores bitcoins offline when your bitcoin wallet is not connected to the internet.
➕ the safety of funds, it is impossible to hack
➖ you can lose the password, and then it will be impossible to get the funds; less convenient to transfer
🌟 Popular cold wallets: Trezor, Ledger Nano S.
🔒 A cold wallet is a hardware device for storing bitcoins or other cryptocurrencies offline. This is the safest way to store cryptocurrency. Technically, it stores bitcoins offline when your bitcoin wallet is not connected to the internet.
➕ the safety of funds, it is impossible to hack
➖ you can lose the password, and then it will be impossible to get the funds; less convenient to transfer
🌟 Popular cold wallets: Trezor, Ledger Nano S.
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Our strategy is our strength 📈📊📚
Most cryptocurrency projects do not envisage any long-term plans or make them for form's sake and then ignore them. The main purpose of the 8.Finance project is to become a leader in the DeFi services market by the amount of benefit provided to its stakeholders and the crypto community, to become a leader by TVL volumes, quantity of users and trade volume. For these purposes we have elaborated a detailed set of measures, which includes not only the development of functions but also management solutions, marketing campaigns and development of partnership with cryptocurrency projects and companies from the real economy sectors 🌸
Most cryptocurrency projects do not envisage any long-term plans or make them for form's sake and then ignore them. The main purpose of the 8.Finance project is to become a leader in the DeFi services market by the amount of benefit provided to its stakeholders and the crypto community, to become a leader by TVL volumes, quantity of users and trade volume. For these purposes we have elaborated a detailed set of measures, which includes not only the development of functions but also management solutions, marketing campaigns and development of partnership with cryptocurrency projects and companies from the real economy sectors 🌸
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INDUSTRY EXPERTS: BEAR PHASES BENEFICIAL AS THEY CLEAR THE MARKET
«The co-founder of the Polygon crypto project, Mihailo Bjelic, said in an interview with CNBC that the current downturn is exactly what the market needs. Bjelic added that the market became ″maybe a little bit irrational, or maybe a little reckless to a certain extent" when the total cryptocurrency market capitalization grew 12.5 times between November 2019 and November 2021, which is a huge growth rate that outpaces that of most other cryptocurrencies. traditional markets.
Jason Yeh, a partner at ROK Capital, believes that bear markets represent the best time for traders to lay the groundwork.
Metaverse creator Alex Becker tweeted a similar idea, saying that the money is made in a bear market.
The high activity (1) in mid-May was connected with the purchases of large investors, who considered the price attractive. The false breakdown (2) could have given more courage to go long. Growth on the current candle gives hope.»
Do you agree?
«The co-founder of the Polygon crypto project, Mihailo Bjelic, said in an interview with CNBC that the current downturn is exactly what the market needs. Bjelic added that the market became ″maybe a little bit irrational, or maybe a little reckless to a certain extent" when the total cryptocurrency market capitalization grew 12.5 times between November 2019 and November 2021, which is a huge growth rate that outpaces that of most other cryptocurrencies. traditional markets.
Jason Yeh, a partner at ROK Capital, believes that bear markets represent the best time for traders to lay the groundwork.
Metaverse creator Alex Becker tweeted a similar idea, saying that the money is made in a bear market.
The high activity (1) in mid-May was connected with the purchases of large investors, who considered the price attractive. The false breakdown (2) could have given more courage to go long. Growth on the current candle gives hope.»
Do you agree?
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🤝 Customer focus
🏃🏽♀️ According to information from 40% of users of cryptocurrency projects, they work on the “earn-and-run” principle, which is based on motivation to get a high income in a short period of time. That is, the retention rate in projects is very low, which leads either to the failure of the project in a short time after launch, or to unbearable marketing costs for some projects.
👩🏽🎓 The 8.Finance team relies on increasing the client and partner base by retaining current users and attracting new ones in order to build long-term trusting relationships.
🏃🏽♀️ According to information from 40% of users of cryptocurrency projects, they work on the “earn-and-run” principle, which is based on motivation to get a high income in a short period of time. That is, the retention rate in projects is very low, which leads either to the failure of the project in a short time after launch, or to unbearable marketing costs for some projects.
👩🏽🎓 The 8.Finance team relies on increasing the client and partner base by retaining current users and attracting new ones in order to build long-term trusting relationships.
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Our COO Alex generously gives us some analysts!🤙🏻
«On the chart of the Ethereum/Bitcoin pair, you can observe the formation of "Reaccumulation" according to the Richard Wyckoff method. In the modern adaptation, the pattern tends to have a slanted base. According to the formation, the instrument may show short-term weakness, followed by strengthening in the markets. Continuation of model development is possible only if the price is returned and kept in the "Support" zone.
Richard Wyckoff is one of the most talented traders with an outstanding analytics system. Wyckoff invented a method for analyzing and predicting financial markets and was a legendary stock trader on Wall Street in the early 1900s. He created the "Stock Market Institute" for those who want to learn how to trade using the Wyckoff method.» ♾
Do you agree?🤓
«On the chart of the Ethereum/Bitcoin pair, you can observe the formation of "Reaccumulation" according to the Richard Wyckoff method. In the modern adaptation, the pattern tends to have a slanted base. According to the formation, the instrument may show short-term weakness, followed by strengthening in the markets. Continuation of model development is possible only if the price is returned and kept in the "Support" zone.
Richard Wyckoff is one of the most talented traders with an outstanding analytics system. Wyckoff invented a method for analyzing and predicting financial markets and was a legendary stock trader on Wall Street in the early 1900s. He created the "Stock Market Institute" for those who want to learn how to trade using the Wyckoff method.» ♾
Do you agree?🤓
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