💰How this person made $1M+ in a few days from leverage trading 🤯

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Today’s estimated research time is 4 hours and 23 minutes condensed into a read time of 2 minutes and 50 seconds. Stay tuned to where we talk about:

• 💰How this person made $1M+ in a few days.

• 🎮 Is the Metaverse the next trillion dollar opportunity?

• 🌱 NewSeeds

💰How this person made $1M+ in a few days.

On June 18, 2022, Bitcoin and Ethereum dropped all the way down to $17,702 and $882. Some people are calling this a fantastic opportunity. For the first time since 2020 Bitcoin broke the $20k natural resistance. Ethereum has been testing support at $1000 and broke it right after following BTCs price action. Monitoring the key support and resistance gives you a better idea of when to enter/exit because no one likes buying the top.

What is support/resistance, you may ask?

Support is a price level where a downtrend can be expected to pause due to a concentration of demand or buying interest. As the price of assets or securities drops, demand for the shares increases, thus forming the support line. Meanwhile, resistance zones arise due to selling interest when prices have increased. Reading and establishing these points will give you a better idea of where the price will be.

As a matter of fact, this trader was so confident in the trends he entered a long position at $17,895, exiting $19,011, making $478,562 on that trade alone.

Leveraging his $86k and making more than a 5x!

Can you guess what he did with Ethereum? He entered a long at $905.80, exiting at $990, profiting $421,020.49!

Leveraging his 50k into a 8x!

Original Tweet

Leveraged trading can be very profitable but just as risky. You can lose your money just as fast as you get it. It allows you to buy cryptocurrencies with borrowed money, amplifying your skills.

If you see an opportunity like a bottom or top price approaching a key support/resistance, it's on you to take action and assess your risk tolerance. You'll see profits if you have a conviction on your trade and follow your plan.

However, if the account runs low on capital, you can get the margin called and liquidated, losing all your money. Leveraged trading is only recommended for more experienced traders that are confident in their plays.

Here's what we're looking at. 🤔

At the moment, Bitcoin is extremely oversold on the 20 RSI. If we look at the treasury rate's ten-year yield, it is at an ATH of 3.9% (as of June 14), meaning there's a falling demand for treasury bonds. Speculation is Bitcoin is expected to have a short squeeze, and pump back to around $27k and then dump again to find new support. At the moment, it's currently following a trendline, and if it breaks, it will go to $6k. NFA

🎮 Is the Metaverse the next trillion-dollar opportunity?

The two major sectors predicted to blow up by 2030 are e-commerce and the virtual world. The global consulting firm McKinsey E-commerce says E-commerce will be the primary cash cow in the Metaverse with $2T to $2.6T by 2030. Virtual advertising will be another significant sector with associated revenue expected to make up another $144B to $206B.

A report called 'Value Creation in the Metaverse' consisting of two global surveys predicts the Metaverse will be divided into five primary activities; gaming, socializing, fitness, commerce and remote learning.

Full Report

A survey done with the consumers says they prefer at least one activity in the virtual world compared to its physical alternative. On top of that, 79% of active consumers of the Metaverse have already made a purchase.

The report added that 25% of executives said they expect the Metaverse to drive 15% of their organization's total margin growth in five years. And nearly a third of them believe that the Metaverse can significantly change how their industry operates.

What are the companies investing and is this an opportunity of a lifetime?

In January 2022, Microsoft purchased Activision (the makers of Call Of Duty) for $69B to integrate the Metaverse with an Oculus headset.

It's good to observe where more prominent companies are putting their money because they're obligated to try to make more, literally putting their money where their mouth is. Whether you like it or not, VR/Metaverse will be the next big thing. But will you take action on this opportunity? Here are some companies developing their own Metaverse:

Google Glasses : Introduced a piece of wearable AR technology and has invested $39.5M into a fund that invests directly into Metaverse projects.

Epic Games: Makers of Fortnite announced they completed a $2B round of funding to develop their Metaverse.

Nike: Purchased design studio RTFKT to board the hype.

Safe to say that this is going somewhere.

NewSeeds:

JP Morgan is betting on Bitcoin. Are they right this time? 😳

Will Cryptopunks beat BAYC in volume. Will they dominate this bear market? 🤯

That’s a wrap! Are you going to start leverage trading? Let us know how it goes!. Make sure to follow us on Instagram and Twitter for more up to date content! And If you’re looking to find early opportunities to make money, tune in daily! Also check out our NEW Youtube Video where we discuss hot topics and some potential calls if you’re too lazy to read :) Make sure you subscribe because at 1000 subscribers we are going to be giving away 1Ξ to a lucky person!

See you tomorrow! ✌️ 💎

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Disclaimer

None of this is financial advice. This newsletter is strictly educational and is not investment advice or solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research!