Are we heading toward a Bull Run?🐮

After the continued bear market of 2022, the investor sentiment is that the #crypto industry is entering the bull run in 2023.

In today's 🧵, we explore strategies that traders can make a profit from crypto trading in the bull market. 2/ Bull Run: The price of an asset generally increases, typically for several weeks or months. Traders expect prices to continue to rise & increase in value for the foreseeable future. 📈 This can be an exciting time for investors if they exit before prices start to decline.

One of the crucial trading practices that experienced traders vouch for is maintaining a trading journal ✍️

In today's 🧵, we explore what a trading journal is and how it helps #traders to stay disciplined and organized.

#TradingJournal #cryptofutures 2/ It is important for any trader to have a trading journal to review their trades & identify what works and what doesn't. The planning of futures trades, documentation of existing positions, and recording of emotions are all important aspects of a successful trading strategy.

The tale of perpetual futures is a 2000-year saga.

It starts in ancient Greece.

Then continues w/ margin trading’s rise in modern history.

It picks up again w/ the invention of perpetual futures in the 1990s.

& reaches to today with their widespread use in the crypto industry 2/ Over the course of 3 threads, we’ll take you thru the history of perp futures.

And we’ll explain their underlying concepts.

In this 1st thread we explain how before there were perpetual futures, there were “regular” futures, constrained by termination dates on a calendar.

Want a dashboard for DeFi?

Social sentiment analysis of the crypto market?

An understanding of macro-related market shifts?

Check out our TOP 10 (mostly) free Resources for Traders! 👇🏼🧵 👉🏼@TRDR_io offers a comprehensive order book and derivatives data analysis platform for

- order book-based indicators
- aggregated funding rates, open interest & liquidations
- aggregated volume data from all big exchanges

trdr.io

StarkWare’s ZK-rollups are huge value-adds to the Ethereum network.

But, ZK-rollups sound like black magic to anyone without a math PhD.

If you’re confused about how ZK-rollups work, read this 🧵👇 2/ ZK-rollups bundle transactions into batches that are executed off-chain.

This takes pressure off the Ethereum network.

Layer 2s like StarkEx means dApps can scale securely.

The ZK-rollup’s core architecture is made up of
-On-chain contracts
-Off-chain virtual machine (VM)

We hear people ask "What is layer 2?" all the time. $4.38B+ is locked up on #Ethereum layer 2 (L2), but many don't know how it works. Here's the simplest explanation you can show your friends, family, or co-workers. [🧵 THREAD] To understand layer 2, you need to understand #Ethereum layer 1. Ethereum layer 1 is: - Network of block producers - Consensus mechanism for the network - The blockchain and its transaction history - Network of node operators to secure and validate the network.