please approve an ETH ETF

Ethereum is going through textbook market manipulation as we speak, just like what happened to Bitcoin.

Plot your Wyckoff distribution graphs and make some money if you’re a swing trader.

If you’re a long term trader, HODL and ignore what I just said.

Research the following.....
Candle Sticks (and trade volume), as well as its theory in shapes (wedge, double tops, double bottoms, head and shoulders, triangle trade pattern) in non market manipulated environments
Articles explaining resistance and support (applies directly to crypto)
Stochastic RSI indicator
Wyckoff distribution theory.

If you learn all of those in order you’ll have the tools to swing trade easily.

Just be aware that market manipulation in the crypto space is active as we speak with ethereum, so if you plan on trading you need to folllow the Wyckoff distribution theory like it’s the Bible.

Thanks a lot for the answer.
What are your thoughts on the 2nd part of my question?

If you were to day trade with the 1% rule of risk management (which I heavily recommend you should follow if you say trade) then you would need a portfolio of at least $7,000. From there you could trade one percent of $7,000 or in other words , put down a “call” worth $70.

Set your profits to be 1.5%-2.0%. Or in other words, if you suspect a crypto currency to go up in value, remove your call from the exchange when you profit between $105-$140.
But you have to set a stop loss as well. You can automatically tell certain trading programs to pull you out the exchange if you put down a “call” for $70 and your trade turns out to be a 1% loss.

This means , you can only afford to lose $70 each time you consider to start a trade. And at most you want to take a profit of $105-$140 each trade.

Just understand you will not profit off of every trade you make. Day trading is a nasty game, 90% of folks do not profit in day trading and lose money.

Many itt would agree it’s much easier to swing trade once you use market sentiment and technical a***ysis tools to confirm any market price actions.

the market for Bitcoin is expected to bull but if we find sharp resistance at around 54,000 , and it goes back down it’s time for another trip in the forest, cuz the bear will be biting Bitcoin again. Support is probably gonna be around 32,000.
If we shatter past 50,000 then we’re likely on the bull run frfr. We’ll see.

Learn what crypto is first to build conviction
Then build a sound portfolio not consisting of s***coins/vaporware
Then you can think about day trading and losing money

hope this ones a lot better than CZ and SBF

Defi kings

Aave will support multiple Rollups

in the end it was inevitable

End of month manipulation time

Invest in real founders

That's why I will buy all the BAT

Damp it

if the past week was just a dead cat bounce we’re f***ed

even this f***ing boomer is yield farming

you have no excuse

werent they s***ting on eachother at cnbc

they both live in miami now and probably attend the same illuminati parties

$33 AMC

to the mooon

Im bumping 4:44 all day

lots of BTC options contracts are expiring today

f***, my salary hasn’t hit yet… two dips in a row i’m not buying as I wished man I’m pissed

news.bitcoin.com/2-1-billion-notional-in-btc-options-set-to-expire-on-friday-bitcoin-contango-has-returned