Collective Forecast

Bitcoin vs. Microsoft: A Comparative Look at Market Valuations💰🖥 Bitcoin and Microsoft represent two major forces in their respective domains: digital currency and technology. Bitcoin's price currently stands at $65,031, contrasting with Microsoft's share price of $449.52. The comparison extends to market capitalization, where Bitcoin is valued at approximately $1.2 trillion. In contrast, Microsoft's market cap significantly exceeds this at $3.3 trillion, indicating that it is 2.6 times the market cap of Bitcoin. If Bitcoin were to match Microsoft’s market cap, its potential price could soar to $169,017 per Bitcoin, reflecting a 2.60 times increase from its current valuation. This comparison not only highlights Bitcoin's remarkable growth and substantial market valuation but also puts into perspective the scale of established global corporations like Microsoft. It illustrates the growing acceptance and integration of cryptocurrencies within the broader financial and economic sectors.

What stops you from saving money? A financial cushion is a necessity for everyone, not an exception. Building capital is important for everyone, not just traders. Psychologist and Nobel laureate Daniel Kahneman introduced the concept of "System 1" — the "emotional system" of the brain that seeks immediate rewards. When something is useful or pleasant, we want to take it right away. Anything delayed in time seems less important. For example, many would choose 1,000₽ now rather than 1,100₽ tomorrow because "why wait?" This phenomenon is called "temporal discounting." To cope with it, you need to learn to control your impulses. But this is a long process that requires time and practice.

Deal Review: Why is it Important? 🧠 Reviewing your trades is key to improving your trading efficiency. If you're not familiar with this process yet, it's time to start. And if you already practice it, you might find new ideas. Key parameters for analyzing a trade: Time Entry point (reason + price) Risks Outcome Emotions during the trade It's best to record your trades either immediately or at the end of the day, choosing a convenient format—an electronic journal, paper, or an app. Analysis helps develop discipline and improve results. Even minimal review is better than no analysis at all.

 Tracking Bitcoin prices on August 7th each year shows a clear upward trend despite volatility. Starting at $10 in 2012, Bitcoin rose to $97 in 2013 and $582 in 2014 before dropping to $283 in 2015. It then recovered to $570 in 2016. Major increases began in 2017, with prices reaching $3,168, doubling to $7,000 in 2018, and hitting $11,669 in 2019. By 2020, Bitcoin was at $11,538, soaring to $40,315 in 2021. In 2022, the price dipped to $22,947, then rose to $29,066 in 2023. As of August 7, 2024, Bitcoin stands at $57,055, showcasing its strong market presence and continued appeal.

How to Exit a Trade Correctly? 📈💡 Here are 4 reliable strategies to help you in trading: Exit at Support and Resistance Levels Identify trend lines based on historical prices. Determine support and resistance levels. Find potential entry and exit points. Fixed Exit Set a value between stop and profit. Potential profit should significantly exceed risks. Partial Profit Taking Exit Close part of the position if you are uncertain about the further price movement to lock in some profit. Trailing Stop Exit Open a position and set a stop-loss that moves with the price. As long as the price moves in the desired direction, the stop-loss follows it. What strategies do you use? Share in the comments! 👇

Many traders exit trades incorrectly because, despite feeling comfortable at entry, the market is always volatile. Staying calm and making the right exit decision is challenging, especially when facing potential losses. Recommendations: - Plan your exit in advance: Define your exit strategy before starting the trade. This will help protect your account and limit losses. -Clearly outline conditions: Identify risks and use various tools to calculate the optimal exit level. - Use technology: Apply stop-losses to automatically close positions when prices reverse. 📊 Stay calm and improve your results with Collective Forecast

There is an opinion that breakout trading can bring huge profits. This is true, but it can also lead to significant losses. Why does this happen? Let us explain. When not to close a trade on a breakout: 👉 False breakout: Ranges often have false moves. Prices can fluctuate, breaking out of the range and then returning due to inaccuracies in support and resistance levels. Frequent false breakouts significantly reduce profits. 👉 Consolidation near the breakout point: You see profits rising as the price moves out of the range and are confident it is a breakout. But then the price returns to the entry point, and you close the trade with a small profit or loss. The price then returns to the local maximum of the breakout, and you realize that you exited the trade too early, missing the breakout of the consolidation.

"How to understand what prevents you from earning? Many traders with over a year of experience often say, 'I make trades but don't see profits. What's the issue? If this resonates with you, let's figure it out. Is there really a problem at all? Perhaps it's just a period where all traders are not making profits? Trading involves working in conditions of uncertainty. Find out how your colleagues are doing. If there is a problem, what exactly is it? Analyze your trading strategy based on your last 20-50 trades. Is everything in order? Then look at your psychology and discipline. Each person has their own specific issues. Is the problem related to trading or your personal life? Don't rush to answer. Take time to think and analyze everything. Awareness of the problem is the first step toward solving it. By walking this path, you can overcome the financial barrier.

🚀 Results of Our CoFo Trade Department! We are proud to announce that our CoFo Trade department has ranked in the TOP-3 globally in copy trading! 🏆 And this is on a declining market, where making profits is particularly challenging. Despite all the difficulties, our team is performing brilliantly. 📈 We are not stopping here. More achievements to come! Follow our successes and join the winners.

How to wait for the moment to enter the market and not lose money It may seem that traders who regularly monitor and analyze the market are also actively trading every day. However, this is not the case. Entering a trade should be justified and based on a thorough analysis of your trading strategy and the current market situation.  Trading should NOT be done for the following reasons:  -because of feelings of boredom,  - impatience or  - greed, the desire to maximize profits. We remind you that : ▫ It is normal to temporarily abstain from trading. ▫ It is normal to make only a few trades in a day. ▫ It is normal to refrain from entering a trade if you have doubts Either you are sure that now is the right time to enter a trade, or you refrain from it, following logic and reason, and not trying to give in to the temptations of getting rich quick. Remember: greed and impatience can be obstacles to your success.