Mike Akerele

Few years back…

When I started Crypto, I was naive..
Just like every Beginner would be.
It was during the bull 🐂 run.

Everything was rozy! And guess what!
Money was flowing everywhere!😁
If I put $10 in any coin, it would turn $100+!

In fact, I put $50 in some Solana projects…
It turned out to be almost $2000. But…
Nobody told me what was going on!

I didn't know there was something called…
The BULL ⬆️ and the BEAR ⬇️ season.

We were just making money & enjoying life!
All of a sudden, the bear market came.
We thought it was going to be for
a while but, NO! Everything
was going down! The
more we thought it
would come up,
the more it
dipped!

And the bottom became the top! Because..
The dip was getting deeper & deeper fren!

Before you continue…
Tap on my profile icon and follow me then share this post to help me get to 1K followers to support my work. Thank you fren.💙💙

Here's the lesson I would tell my new self:
✔️ Make money in Crypto and pull it out.
✔️ Invest the profits in PHYSICAL assets
✔️ Buy lands, buy houses & open more real businesses
✔️ Spend that money and enjoy your life.
✔️ ️Do more of Charity and help others.

It is not yet your profits until you have taken it out and turn it into physical assets or use it for a good cause. - Mike Akerele

What I won't do as a Crypto Beginner:
❎ I won't listen to Influencers that Shill projects!
❎ I won't invest more than I can afford to lose
❎ I won't trade without using STOP LOSS!
❎ I will stick to SPOT trading as a beginner
❎ I won't do FUTURES Contracts till I master Spot Trading.

BONUS:
✔️ I will seek the mentorship of a Crypto
expert who has been in the
industry for a while and
can guide me
into it.

❎ I won't go ahead to begin taking trades
with my real money when I can do
paper trading and trade with
testing money which
is not my real
money.

Paper trading means you trading without your real money but with the same market simulation and features.

Which of these lessons would you not
forget when you're starting
your Crypto journey?

Or which other lessons can you add?
Leave it for me in the comment
for others to also learn
from you.

Mentorship is the only easy path that can help save you from losing money as you learn from the guide & experiences of a Crypto mentor as a beginner - Get it. - Mike Akerele

PS: We're still in the bear season, and
this gives you an opportunity to
discover how Crypto is done
and accumulate more
Cryptos now so you
can turn into Multi-
Millionaires during
the Bull season
coming up
ahead.

PPS: Like & Share this post so it can help others.
𝑭𝒊𝒓𝒔𝒕 𝒕𝒊𝒎𝒆 𝒔𝒆𝒆𝒊𝒏𝒈 𝒎𝒚 𝒄𝒐𝒏𝒕𝒆𝒏𝒕? 𝑻𝒉𝒆𝒏 𝑭𝑶𝑳𝑳𝑶𝑾 𝒎𝒆

© Michael Akerele (#AwesomeMike)

#BitcoinBoom
#Web3ForAll
#CryptoTradingTip
#HDLifeCommunity
#MyFirstSquarePost

Influencer Will Tell You Sh*t But Here's The Real Formation!

Understanding the market is not hard if…

If you can read the charts and trade what
you see instead of what you think!

Most good traders at times follow their minds

instead of following what they see in the
market and here's an example of this if…

we are to trade this market as an investor.

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on my content as well and not miss out.
Let's continue....

Note: Profits target is expected to be between:

7 Days - 3 Months Using this Daily (D1) Timeframe

Here's my observation on the current Bitcoin Market (BTC/USDT)

As seen on both charts attached to this post.

This is a Daily (D1) Charts of BTC/USDT

You can see that we're still ranging between the HIGH of 72k and LOW of 48k.

What does this tell you?

This is a range market but more than that,

is another important action going on in this market:

Looking at the channel on this chart (the 2
yellow lines that formed the Lower Lows
and Lower Highs of this market)

The channel shows how Bitcoin has
continued to nose-dive from the High
around 72k till the present price.

Now, this is how you should trade this
market either as an Investor or
a Swing Trader.

The Vertical Blue Line represents the
Market Weekly Opens for the Crypto
Market and the opening price is
$57,493.30. But...

We have 2 POSSIBILITIES here:

1. Anything can happen to the Crypto
market either one news come up or…

whales coming into the game and they pump the market to BREAKOUT of this

channel through the yellow trendline above.

And...

What that happens, no prophet should tell
you what next before you understand
the next move.

If this scenario happens, this is what you should do:

Watch the market breakout, but…
DON'T try to catch it! It's dangerous!

Allow it come back to the same level it broke out around the yellow trendline on

the top and find your entry around there.
(there's a strategy to enter the market here
using candlestick patterns and volume)

That is the first way to trade this market.

Now, to the second possibility...

2. If we don't break out of this channel
upward, then it means...

We are definitely still going down to this
main SUPPORT around $48k+
(the blue horizontal line)

You should find your entry around this price
if Bitcoin keeps going down and there is no
breakout of this channel as explained above.

By finding your entry here, you will be
more profitable than anyone in the
market when the price of Bitcoin
rises to the previous
All Time High (ATH)
or it when it creates
a new High.

My Advice: discover Crypto and learn how
to read the charts yourself.

Stop following Influencer's advice as they
will tell you to buy when the market is
going down and sell when the
market is going up!

It's not their fault because they really don't
understand how the system works and you
shouldn't be that easily misled, be better!

I hope this little explanation helps, if it
does, let me know in the comment.

Wanna say thank you? I accept Bitcoin or any other coins too!

Have any questions? Drop it for me in
the comment or send a DM.

Repost this article to get to other anon
who is about to put his life savings in
Crypto without understanding the
market structure.

Someone on your list might like to read this kind of content, share it with them.

Follow me @Mike Akerele to
keep getting this type of content.

NOTE: this is for Educational purpose NOT
a financial advice, you take sole responsi-
bility for your trading & Investing decisions.
Ensure you Do Your Own Research (DYOR)

PS: it's either you buy on retest after a
breakout of the channel or wait for BTC to
dump to around 48k. The choice is yours.
JUST WAIT for any of it to happen before
you make your move.
#AwesomeMike #Bitcoin
#TradingMadeEasy #Market_Update