Modern Wealth Academy

Good morning, everyone!

In our previous post, we briefly compared SUI to SOL. Today, let’s take a look at the SUI daily chart.

[SUI DAILY CHART]
The current market cap of SUI is around $10.65B. Its all-time high of $3.92 was reached on November 16, 2024 (SGT).

Currently, the price is near the resistance level, around $3.78. Will it break through this resistance? I'm not sure.

However, if it retraces instead of breaking out, I will be looking to add to my spot positions at around $3.189, $2.883, and $2.339 (the three purple lines).

Note: This is just my personal approach and not a recommendation to buy or sell any coins. It is not financial advice. Please do your own due diligence and research.

Trade safe, trade smart. ❤️

"I am attending a course to upgrade my skills and sharpen my service abilities. What other courses have you attended this year that will help you do better in work and life?"

Financial independence and financial freedom are related but distinct concepts.

Financial independence refers to having enough assets or income streams to cover living expenses without needing to work actively for money, allowing individuals to sustain their lifestyle without reliance on employment

Financial freedom, on the other hand, is a broader concept that emphasizes the ability to make choices aligned with personal values and passions, regardless of financial constraints. It allows individuals the flexibility to work or not, based on desire rather than necessity

Finding Joy In the Journey

So often, we get caught up in the pursuit of our goals and forget to enjoy the journey.

Life isn’t just about achieving the next big thing; it's about embracing the everyday moments that shape us along the way.

Each challenge we face, each small victory, and every lesson learned is part of the adventure.

Instead of focusing solely on the end goal, take time to celebrate the steps you’re taking today.

Whether it’s learning something new, connecting with others, or simply enjoying a quiet moment of peace—these are the things that truly enrich our lives.

Remember, happiness isn’t a destination; it’s a way of traveling.

Have a great day ahead! ❤️

How does Sui compare to Solana in terms of potential growth

Sui and Solana present contrasting growth potentials in the crypto landscape:

- Performance Metrics: Sui has recently outpaced Solana in decentralized exchange (DEX) volume, achieving $7.5 billion compared to Solana's $1.1 billion. Over 550 days, Sui's trading volume reached $25.4 billion, while Solana's was $17.9 billion, indicating stronger growth momentum for Sui

- Transaction Capacity: Sui boasts a theoretical capacity of over 120,000 transactions per second (TPS), significantly higher than Solana's 50,000 TPS. This scalability could attract more developers and projects to Sui

- Ecosystem Development: While Solana has a well-established ecosystem with numerous applications, Sui is still developing its platform but shows promise with increasing daily active addresses and new projects emerging.

Overall, Sui's rapid growth and technological advancements position it as a strong contender to rival Solana in the future.

Overcoming Fear with Courage

Fear is something we all face, yet it doesn’t have to hold us back. It’s natural to feel fear when stepping into the unknown, however, courage isn’t about being fearless—it’s about acting despite the fear.

Every time you take a step forward, even when you're uncertain, you gain strength and confidence.

Whether it’s trying something new, having a difficult conversation, or taking a leap in your personal or professional life, courage empowers you to move past limitations.

And here's the secret:
The more you face your fears, the smaller they seem. So, don’t let fear dictate your actions. Embrace it, acknowledge it, and move through it—because on the other side is growth, opportunity, and a life lived boldly.

Have a great weekend! ❤️

Everybody knows investing in crypto is one of the fastest roads to riches…

But everyone is also asking if they’ve missed this opportunity.

Is there still time?

YES!!! You still have time

But do you know what crypto REALLY is?
Crypto is…
What the airplane was in the 1930’s
What Rock-n-roll was in the 1950’s
What the internet was in the 1980’s
What the smart phone was in the 2000’s

In other words, crypto is one of the biggest, most innovative movements we may ever see in our lifetime. And that’s simply because…
Crypto is going to change MONEY!

You probably missed out on the internet boom.
Do you really want to experience the same regret, only 10x worse this time around?

Getting in on the boom of a lifetime is how generational wealth is made. This boom will be no different. However, the problem with booms is that by the time the average person knows what’s going on, the real money has already been made by governments, banks and the leaders who run both.

Spreading Kindness
The ripple effect of small acts of kindness.

A simple act of kindness can brighten someone’s day and create a ripple of positivity.

Whether it’s a smile, a compliment, or a helping hand, kindness is contagious.

Spread it everywhere you go—it’s free and powerful. ❤️

Bitcoin's price decline is attributed to several factors. After reaching an all-time high near $100,000, profit-taking by investors triggered a pullback, with significant liquidations amounting to $150 million in the past 24 hours

. Additionally, leverage overheating conditions and a notable outflow of $435 million from Bitcoin spot ETFs indicate shifting market sentiment

. The Relative Strength Index (RSI) also shows bearish divergence, suggesting weakening bullish momentum

. Overall, these elements contribute to the ongoing downward trend in Bitcoin's price.

[BTC Daily Chart]

Using Fibonacci Retracement, I can see that BTC's price is currently bouncing from the key 0.618 golden ratio level (around $93,383). It also appears that the price has recently broken below the green support line. As a result, if I enter a short-term LONG futures or SPOT position upon confirmation of the bounce at the 0.618 level, my target exit price would be around $96,810.

If the price continues to retrace, the next support levels I’m watching are around $87,168 (black line) and $73,172 (blue line).

Note: This is my personal opinion, not financial advice. Please conduct your own research before making any decisions to buy or sell.

Trade Safe, Trade Smart ❤️

"No Excuses: The Power of Self-Discipline" by Brian Tracy is a motivational and self-help book that focuses on the importance of self-discipline in achieving success.

Here are lessons from the book:

1. Self-Discipline as a Key to Success: Tracy emphasizes that self-discipline is the foundation of success. It is the ability to control one's thoughts, actions, and habits to achieve desired goals.

2. Clear Goals and Plans: Setting clear, specific goals and creating detailed plans to achieve them are essential components of self-discipline. Tracy encourages readers to define their objectives and develop a roadmap for success.

3. Time Management: Effective time management is crucial for self-discipline. The book provides practical tips on how to prioritize tasks, avoid procrastination, and use time wisely to maximize productivity.

"No Excuses" provides practical advice and actionable strategies to help individuals develop the self-discipline needed to achieve their goals.

Happy Reading

The way you think and feel about trading directly influences your decisions, emotions, and outcomes.

Positive mindset - Believing in your ability to make good decisions helps you stay focused, even in volatile markets.

Managing your emotions - A trader with a balanced mindset understands that emotions are normal yet doesn't let them control their actions.

Patience - Wait for the right opportunities and avoid forcing trades. A disciplined mindset helps you stick to your plan, resist FOMO (fear of missing out).

Growth mindset - sees every loss as a lesson and an opportunity to improve. Traders with this mindset don’t get discouraged by setbacks but analyze what went wrong to avoid repeating mistakes.

Successful traders strike a balance between risk-averse and high risk tolerance, managing risk carefully and setting clear limits to protect their capital.

Ultimately, trading isn’t just about numbers and charts; it’s about how you manage your emotions, handle risk, and stay focused on your long-term goals.

THE BIG BLACK FRIDAY TRADINGVIEW SALE

As a trader and an investor this is one of the sales you want to pay attention to

There are many AI-related narrative coins in the market—so which one should I buy? Do you face the same dilemma? Even after reading through their whitepapers, checking their Twitter pages, etc., everything looks good and promising. However, I only want to include 2 or 3 of these coins in my portfolio. How do I decide which ones to choose?

Here’s a tip: I add all the potential AI coins I'm considering to my TradingView account and track their performance over different time periods. The top 2 or 3 that show consistent performance are the ones I consider for my portfolio.

Here is the 2024 performance chart of the AI coins I’m watching. It gives me a clearer picture to help with my decision-making. What do you think?

Note: This is simply my personal approach and not a recommendation to buy or sell any of these coins. This is not financial advice. Please do your own due diligence.

Trade Safe, Trade Smart. ❤️

"Rich Dad, Poor Dad" by Robert Kiyosaki is a thought-provoking book that challenges conventional wisdom about money and wealth. Here are 20 key takeaways from the book:

- *Don't Work for Money*: The rich don't work for money; instead, money works for them. Focus on building assets that generate income ¹.
- *Emotional Control*: Don't let fear and greed dictate your financial decisions. Educate yourself and think critically ¹.
- *Acquire Assets*: Assets generate income, while liabilities drain resources. Invest in assets, not luxuries ¹.
- *Keep it Simple*: Don't overcomplicate financial decisions. Focus on simple, effective strategies ¹.
- *Assets vs. Liabilities*: Understand the difference between assets (e.g., stocks, real estate) and liabilities (e.g., debt, expenses) ¹.
- *Financial Literacy*: Educate yourself on personal finance, accounting, investing, and market dynamics ¹.
- *Wealth*: Measure wealth by your ability to survive financially without working ¹.
- *Mind Your Own Business*: Start a side business or invest in assets to build wealth ¹.
- *Train Your Mind*: Develop a wealth-generating mindset through self-education and experience ¹.
- *Technical Skills*: Learn accounting, investing, market analysis, and law to boost financial IQ ¹.
- *Opportunity Recognition*: Train your mind to spot opportunities others miss ¹.
- *Risk Management*: Manage risk through knowledge, diversification, and strategic decision-making ¹.
- *Management Skills*: Develop skills in cash flow management, system management, and people management ¹.
- *Fear Management*: Overcome fear by taking calculated risks and building financial resilience ¹.
- *Purpose*: Define your reason for seeking wealth and stay motivated ¹.
- *Network*: Surround yourself with people who support and educate you ¹.
- *Prioritize Yourself*: Pay yourself first and invest in assets ¹.
- *Luxury Last*: Buy luxuries last, after building assets ¹.
- *Giving*: Cultivate a mindset of generosity and giving ¹.
- *Lifelong Learning*: Continuously educate yourself on personal finance and wealth-building strategies ¹.

These lessons emphasize the importance of financial education, mindset shifts, and strategic decision-making in achieving financial freedom.

The difference between success and failure often lies in the choices individuals make, particularly in the things they are willing to do—or avoid doing.

Success rarely comes without some form of risk or discomfort. Successful individuals choose to take calculated risks, even when there is no guarantee of success.

Successful people often endure setbacks and failures along their journey. They do not give up.They continue to work hard, stay disciplined, and adapt, even when the path ahead is unclear.

Successful people commit to their goals, putting in the necessary time, effort, and energy—even when it means sacrificing short-term comforts.They do the work that is required, even when it feels monotonous or challenging.

Successful people are open to feedback, willing to seek guidance from mentors, and continuously strive to better themselves.

In essence, success is determined by the decisions we make—the things we are willing to do that others may not want to.❤️

https://youtu.be/h67yVth_94M?si=cYvFtMpGNr5SwJEx

[BTC DAILY CHART]
New week, new opportunities. Let's take a look at the Bitcoin (BTC) chart once again. On November 13, 2024, BTC reached a new all-time high (ATH) of $93,477.11.

Looking at the daily chart, we can see that Bitcoin has been trading within a range (bounded by the two orange horizontal lines) for the past week. Additionally, the price is currently near the peak of the regression line. So, what’s next?

Personally, I’m staying on the sidelines for now. If BTC breaks out of this range, there’s a good chance it could approach the ATH. However, I’ll remain cautious, as I’m not convinced it will break the ATH just yet. If the price fails to break the range and instead starts to retrace, I would look to enter within the pink zone of the regression line, which is between $80,220 and $73,907.

Note: This is not financial advice. Please conduct your own research and due diligence.

Trade safe, trade smart. ❤️

https://youtu.be/e9q7M69b1zg?si=uxy-e7pDCEOsnpe1

Struggling with consistency? Whether it’s sticking to a set of trading rules, exercising daily, or reading every day, many of us find it difficult to stay consistent in certain areas of life. So, how can we practice and develop the habits to stay focused and consistent?

Here’s a tip:
Partner up with someone and make them your accountability buddy. Each day, send them three things you're grateful for. Do this for the next 100 days. It’s a simple and easy task, however if you can’t manage to do this consistently for 100 days, staying consistent with other goals will be much more challenging.

Give it a go and remember this quote: "If you want to change your world, you need to start cultivating good habits."

Have a great day! ❤️

https://youtu.be/KLU7yofqm1Y?si=hMd5Ouq_Wg5HKfc3

[SOL DAILY CHART]
Let’s take a look at Solana (SOL) today. The all-time high (ATH) for SOL was $260.06, achieved on November 7, 2021. The current market price of SOL is around $215.50, which is very close to the ATH.

From the daily chart, we can see that SOL has already surpassed its March high of $210.28 and is now retracing. The next support level I’m watching is around $184. A solid retracement would be if it reaches the support at approximately $163 (orange line), just before the 200-day moving average (MA).

While the bull market doesn’t wait for anyone, we must also avoid falling victim to FOMO (fear of missing out). It's always a good strategy to start with a small position, rather than going all in. After all, anything that climbs too quickly will likely need a breather. Patience is key in trading.

Note: This is not financial advice. Please do your own due diligence.

Trade Smart. Trade Safe. ❤️

https://youtu.be/2TTWcRk-vrc?si=MSZVy5o5PZzsPQc2

What are the three dangerous words in English language and how often you are using them?https://youtu.be/dmp4wOeS2rU?si=W4fS7G_BZzExMfro

Do you still remember the goals you set at the beginning of the year? From today until Dec 31, 2024, we still have 51 days to achieve what we set out to do in 2024.

Steps to Manifest What You Want:
1. Be Clear and Specific - Be specific about what you want. State the goal clearly with details—such as the date, place, and exact outcome you desire.

2. Be Consistent - Stay focused. Revisit your goal daily, and keep it at the forefront of your mind. Consistency helps build momentum.

3. Stay Positive and Kind - The Universe responds to energy, so maintaining a positive attitude increases your chances of success.

4. Be Ready to Offer Something in Return - Manifestation requires action. Be ready to do the work or offer something in exchange to move closer to your goal.

5. Express Gratitude - Once your desire is fulfilled, be grateful. Thank the Universe for making your wish come true.

Follow these steps—stay focused, persistent, and proactive—you’ll soon see your desires come to life. ❤️

Here are my trading rules for longing with the trend. It is also my checklist when i trade.

BTC, the largest cryptocurrency by market cap (currently at $1.50 trillion, or 1.50T), reached an all-time high on November 8, 2024, hitting $76,943.12. But what about the second-largest cryptocurrency—Ethereum (ETH)?

In mid-March of this year, ETH reached a price of around $4,091.22. Since then, it has formed a higher low but has yet to break the resistance trendline. The all-time high for ETH was $4,891.70, achieved on November 16, 2021—about 1.5 years after Bitcoin's halving cycle in 2020.

On the daily chart, ETH is currently testing the 200-day moving average (200MA). If it breaks above the 200MA, the chances of further price increases are high. I’ve set an alert on TradingView to notify me if the price breaks out. I'll take a more defensive approach if the price reaches around $3,140, as it needs to break the resistance trendline for the price to continue moving upward.

Note: This is not financial advice. Please do your own due diligence.

Trade Safe, Trade Smart. :)

Thank you for taking action and when there are 400 thumbs up i will share what i promised. LET GO!

Who wants a copy of my trading rules for longing with the trend? If I get 400 thumbs up 👍, I'll share it in this group. Ask anyone you know to give a thumbs up now. You have 24 hours to respond!"

Coach Louie here, did quite a few winning trades today since the election. I hope you watched Resh's special election day video, it helped alot of us make winning trades. We have 2 months until Jan 1st.. and after big elections, BTC and other Tokens really fly. Don't miss out.

Modern Wealth Academy pinned «Welcome to Modern Wealth Academy! You are here because you took the first step to changing your life, and for that, we’d like to congratulate you. In this channel you’ll receive content that no one else sees, this is our special gift to you. So buckle…»

Channel name was changed to «Modern Wealth Academy»

Phew! June was definitely a choppy month for Crypto, but we saw it coming!

Despite the market “crashing”, members of our community were ready for it and they definitely took advantage.

While others who weren’t prepared lost thousands of dollars, our members made thousands instead.

The difference between those who are successful and those who are not, is just about how prepared they are.

In just 2 days, over 1,908% returns on the trade!

Imagine getting such returns in just 2 days.

That’s the power of the Crypto market right now!

Did you manage to catch the crazy pump? Well, our community members did. Here’s what they caught!

US$5,412.80 in a single trade…

447.68% return on a single trade…

And US$3,403.79 in a single trade

Literally, a typical month’s worth of salary with just a couple of clicks.

That’s the power of Crypto + the right trading frameworks

There are way too many winning trades screenshots that were sent to us by our community, so here are a few honorable mentions!

Kudos to our students who constantly took action.

This coming bullrun is about to get really epic! 🚀🚀

Another one! A nice US$351.98 generated in a single trade! 💰

CHA CHING! A very nice trade taken by our student a couple of days ago…

Over US$440.13 generated in a single trade!

A couple clicks of a button and boom! US$440.13 in the account :)

It isn’t just about massive wins…

Students of our community are also generating $100 - $500 daily from our Crypto Trading Frameworks.

That’s as much as $3,000 - $15,000 a month in extra income!