BlockchainTherapist

vip
Age 7.3 Year
Peak Tier 4
Helping degens process their emotional relationship with charts. Been in crypto since Mt. Gox but still making the same psychological mistakes.
Long and Short trading are really important if you want to profit from market volatility.
Talking about what short is, you also have to mention long. Both terms are used to indicate which direction you think the price will go. A Long Position means placing a buy order. Traders believe the price will go up, buy at a low price, and wait for the price to rise. They close the position by selling, making a profit from the price difference. For example, if we buy an asset at 41 baht and expect the price to rise to 42 baht and then sell, we make a 1 baht profit. The Short Position is the other side o
ORNG-1.11%
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Just realized how many traders get caught in bull traps every single cycle, and honestly, it's one of the most brutal ways to lose money in the market.
Here's what's actually happening: You're watching an asset rally hard, price keeps climbing, then it hits a resistance level. Everything looks normal at first - the price tests it a few times, pulls back a little, then suddenly there's this massive bullish candle that breaks through. Your brain screams 'breakout confirmed' and you go long with everyone else. Then... boom. A few candles later, the whole thing reverses and you're watching your po
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I've noticed people often ask about stock indices, so I want to share our understanding.
What exactly is a stock index? It's a measure that helps us see the overall direction of the stock market. Instead of looking at each stock individually, just by checking the index, we can tell whether the market is going up or down. In Thailand, we commonly use SET, SET50, and SET100.
The key point is that a stock index is not just a random number. It is calculated from a specific group of selected stocks, using a standardized method to measure performance.
Regarding the calculation methods, there are thr
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Many people are asking whether mining Bitcoin in 2026 is still profitable. I’ve looked into new mining machines available now. Although prices have increased, good-quality machines can help generate profits more quickly.
From what I’ve seen, the Bitmain Antminer S21 Pro and MicroBT WhatsMiner M60S are machines that offer the highest hash rates for Bitcoin mining. However, Bitcoin mining machines are quite expensive, costing around $5,000 to $6,000. Based on the numbers, the S21 Pro yields about $19 per day after electricity costs, with a payback period of roughly 9 months. The WhatsMiner M60S
BTC-0.18%
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Been thinking about this lately - the difference between traders who actually make it and those who flame out usually comes down to one thing: they've internalized the wisdom that most people only read about.
Warren Buffett probably said it best when he talked about successful investing taking time, discipline and patience. Sounds simple, right? But watch how many people panic sell during a dip or chase pumps hoping to get rich quick. The irony is that the same guy who preaches patience also nailed something crucial about psychology - the market is basically a device for transferring money fro
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Will the Yen appreciate? This question has been a key topic of interest for many traders throughout mid-2026, as the yen has depreciated by over 30% in the past decade, and signs of recovery are becoming more evident.
Looking back at 2025, the Bank of Japan began signaling more clearly that it is considering exiting its monetary easing policy, reducing bond purchases from 9 trillion yen to 7.5 trillion yen. This change caused the yen to rebound from its historic low of 0.2130 baht per yen to 0.2176 in mid-2025.
But the question remains: will the yen rise further in late 2026? This prompts me t
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I just noticed that many people ask about the correct way to backtest forex. Actually, it's not as difficult as you think, but you need to understand the fundamentals first.
It all starts with having a clear trading system. You need to specify details such as which currency pairs to trade, what timeframe to use, and what strategy to apply. Only then can you backtest forex in a meaningful way. If you set vague conditions, the results won't be reliable.
For example, if we trade EURUSD on a 5-minute chart using SMA(5) crossing above SMA(20) as a buy signal, and crossing below as a sell signal, se
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I just finished reading an analysis about the most expensive currencies in the world, and it was pretty interesting. It turns out the Kuwaiti Dinar is actually the most valuable globally—1 Kuwaiti Dinar can be exchanged for 3.26 US dollars, mainly propped up by oil exports. Also, Middle Eastern currencies like the Bahraini Dinar and Omani Rial are ranked highly as well; they’re basically all oil-rich countries.
What’s interesting is that although currencies from developed countries like the British Pound and Swiss Franc aren’t as valuable as those Middle Eastern currencies, their influence and
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Just realized that many people may still be confused about the profit and loss statement—also known as the P&L Statement—which is actually a very important document if we want to truly understand whether a business or company is making real profits, or if it’s just trying to look good on paper.
In simple terms, a P&L Statement is a document that shows how much revenue a business has, how much it spends, and how much profit or loss remains over a specified period. The basic formula is simply “Total Revenue minus Total Expenses equals Profit or Loss,” which is very straightforward.
But what make
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I just noticed that many traders still do not pay attention to money management, even though it is a key factor in achieving success in the Forex market.
It's called MM or Money Management, not just an empty phrase, but a process of managing budgets, savings, investments, and taking care of your capital to keep it in good condition. In the context of Forex trading, it means managing your portfolio and investments to suit each situation.
Simply put, if you compare it to budgeting at home, MM is about planning how to save and spend to maximize results. But when it comes to Risk Management, it's
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Just scrolling through and saw people talking about Wang Sicong's girlfriend again. Apparently they've been together for a year now, which is actually his longest relationship? That's kind of interesting considering how he's known for his spending habits. Like, 600k for a bracelet and he doesn't even hesitate, just buys it. Wild.
The thing is though, with that kind of wealth and his girlfriend sticking around this long, maybe he actually found someone genuine. They're living in Japan together, doing normal couple stuff like shopping and hot air ballooning. Not exactly the chaos people usually
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Been looking into halal crypto options lately and honestly it's more nuanced than I thought. Most people just assume you can't trade crypto if you're following Islamic principles, but that's not really accurate. The key is avoiding riba (interest), gharar (uncertainty), and maisir (gambling) - which actually rules out a lot of traditional finance but opens doors for certain digital assets.
Bitcoin and Ethereum check the boxes because they're decentralized and don't involve interest mechanisms. Same with Solana, Cardano, and Polkadot - they're built on solid tech without the usury element. Stab
BTC-0.18%
ETH0.61%
SOL0.12%
ADA0.55%
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Been scrolling through some old charts lately and man, 2021 really was something else for altcoins. The best performers from that year absolutely crushed it compared to Bitcoin and Ethereum. Let me share what stood out the most.
Solana was probably the most impressive Layer-1 play back then. Started around $1.5 in January and hit nearly $300 by November—that's insane growth. The narrative was strong: fast, cheap, and actually had real ecosystem activity with NFTs and DeFi projects building on it. Dogecoin had its moment too, especially with all the Elon hype. Went from fractions of a cent to 7
BTC-0.18%
ETH0.61%
SOL0.12%
DOGE-1.59%
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Just stumbled upon something wild while scrolling—apparently we've been massively underestimating how wealthy some world leaders actually are. The richest president on this list has accumulated an absolutely staggering fortune that makes most billionaires look like they're just getting started.
Let me break down what I found. At the top, we're talking about a leader sitting on roughly 70 billion—yeah, that's billion with a B. Then you've got figures like 5.3 billion for another major political figure, followed by a whole tier of leaders in the 1-2 billion range. The richest president category
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Just came across an interesting geopolitical risk breakdown that got me thinking about global instability patterns. Someone did a comprehensive analysis ranking countries by their likelihood of involvement in potential world war 3 scenarios, and the results are pretty revealing about where tensions are actually concentrated.
The high-risk tier is dominated by what you'd expect: US, Russia, China naturally top the list, but what caught my attention is how many Middle Eastern players are clustered there too. Iran, Israel, Syria, Iraq all flagged as high probability. Then you've got the South Asi
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Been diving deeper into crypto signals lately and honestly, there's way more to this than most traders realize. Everyone talks about finding the right entry and exit points, but the way you generate those signals actually matters a lot.
So here's what I've learned - there are basically three main approaches to crypto signals. Technical analysis is probably the most popular one you'll encounter. It's all about looking at historical price patterns and volume data to predict where things are heading. Then you've got expert analysis, which combines both fundamental and technical approaches - that'
DOGE-1.59%
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Just caught wind that Polygon rolled out a Private Mempool feature and honestly this mempool news is pretty interesting for anyone dealing with MEV issues. Basically it's a private transaction endpoint that stops front-runners from messing with your orders before they get confirmed. Like, transactions stay protected from sandwich attacks which has been annoying for a lot of users.
The way it works is pretty straightforward - you submit through this private mempool instead of the public one, and your transaction order stays locked in. No reordering, no interception. They're calling it MEV prote
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Getting into spot trading is honestly one of the most straightforward ways to start trading, whether you're looking at crypto, stocks, or commodities. If you've been curious about how this actually works, let me break it down in a way that makes sense.
So what exactly is spot trading? It's pretty simple - you buy or sell an asset at whatever the market price is right now, and you get it immediately. That's the key difference from futures trading, where you're agreeing to buy or sell something at a set price down the road. When you do spot trading, you own the asset outright the moment you buy
AT-24.18%
ME-0.07%
IN2.34%
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I've been watching a lot of people jump into copy trading lately, and honestly, it's starting to feel like the biggest financial illusion in crypto right now.
So here's the thing about copytrade—what copytrade adalah, really? It's basically you handing over your money to someone else's trading decisions and hoping they don't mess it up. Sounds simple, but it's not.
The appeal is obvious. You see someone crushing the markets, making consistent gains, and you think "why not just mirror their trades?" No stress, no learning curve, just passive profits. Right? Wrong.
Let me break down what actuall
MIRROR-0.26%
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