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Box indicator are such a huge profit way 😉
📢What say in my last post for perfect level
#BTCBreaks66K 🚀📈#BTCUptober #guide $BTC
📢What say in my last post for perfect level
#BTCBreaks66K 🚀📈#BTCUptober #guide $BTC
#guide
1. **Beginner's Guide to Coin Trading**: The post serves as a guide for beginners interested in cryptocurrency trading.
2. **Coin Selection**: The post offers a categorized list of coins for different levels of traders: immediate purchase, intermediate stage, and final options.
3. **Immediate Purchase Coins**: Beginner traders are advised to consider coins like $ADA, $KAS, $CELO, and others listed for immediate purchase.
4. **Intermediate Stage Options**: Intermediate traders are presented with options like $OP, $MNT, and $SEI.
5. **Final Options**: More experienced traders are encouraged to explore final options such as $SOL, $AVAX , $BTC , and $ETH.
6. **Confidence in Strategy**: The author expresses confidence in their trading strategies, suggesting potential for substantial returns.
7. **Call to Action**: Readers are urged to save the post for future reference, hinting that following the advice could lead to significant wealth accumulation.
8. **Hashtags**: The use of hashtags such as #BitcoinHalving , #MarketTrends , #Meme , and #WIF suggests a focus on current market trends, the Bitcoin halving event, and the playful nature of the cryptocurrency space.
Follow for More
1. **Beginner's Guide to Coin Trading**: The post serves as a guide for beginners interested in cryptocurrency trading.
2. **Coin Selection**: The post offers a categorized list of coins for different levels of traders: immediate purchase, intermediate stage, and final options.
3. **Immediate Purchase Coins**: Beginner traders are advised to consider coins like $ADA, $KAS, $CELO, and others listed for immediate purchase.
4. **Intermediate Stage Options**: Intermediate traders are presented with options like $OP, $MNT, and $SEI.
5. **Final Options**: More experienced traders are encouraged to explore final options such as $SOL, $AVAX , $BTC , and $ETH.
6. **Confidence in Strategy**: The author expresses confidence in their trading strategies, suggesting potential for substantial returns.
7. **Call to Action**: Readers are urged to save the post for future reference, hinting that following the advice could lead to significant wealth accumulation.
8. **Hashtags**: The use of hashtags such as #BitcoinHalving , #MarketTrends , #Meme , and #WIF suggests a focus on current market trends, the Bitcoin halving event, and the playful nature of the cryptocurrency space.
Follow for More
🚫 How to Avoid Common Trading Mistakes on Binance Like a Pro! 💡
Trading on Binance can feel like riding a roller coaster—super exciting but sometimes, if you’re not careful, you might end up losing more than you win. To help you maximize your gains and reduce mistakes, let's dive into the TOP common errors traders make and, most importantly, how to avoid them.
1. Emotional Trading 💥
One of the biggest traps is letting emotions take control. Whether it's panic selling during a dip or getting overly excited when a coin starts pumping, emotions can wreck your portfolio.
Pro Tip:
🚨 Stay calm. Always make decisions based on data, not feelings! If you’re emotional, step away from the screen for a while.
2. Not Setting Stop-Loss and Take-Profit Levels 🎯
If you’re trading without these, you're gambling! Stop-loss protects your capital by automatically selling when the price falls to a certain level. Take-profit ensures you lock in profits when the price reaches your target.
Pro Tip:
⚙️ Always set these before entering any trade. Don’t leave it to chance—protect your profits and your portfolio!
3. Overtrading: Less is More 💡
Jumping in and out of trades too frequently can drain your gains with fees and poor decisions. Not every moment is the right moment to trade.
Pro Tip:
📊 Stick to a strategy, trade only when you see solid opportunities, and remember that patience often leads to bigger profits.
4. Chasing the Hype 🚀
It’s tempting to buy when you see coins spiking on social media or Binance’s top gainers list, but FOMO (Fear of Missing Out) is one of the worst enemies in trading.
💥 How to Avoid FOMO: 💥
We’ve all been there—you see a coin skyrocketing, and it feels like if you don’t buy NOW, you’ll miss out on massive gains. But hold up!
Here’s what usually happens:
1. You jump in at a peak.
2. The price drops after your entry.
3. You panic and sell at a loss. 😭
What’s the Solution?
1. Stick to Your Plan: 📋 If a coin doesn’t fit your strategy or you didn’t analyze it before, don’t chase it just because it’s trending.
2. Understand There’s Always Another Opportunity: 🚀 The crypto market is HUGE. There’s always a new trade coming, so don’t get stuck chasing the one that already passed.
3. Don’t Buy on the Top: 📈 When a coin is already pumped by 20-30% in a few hours, it’s often too late to jump in. Wait for a retracement instead.
5. Ignoring Market Trends and News 📰
Crypto is heavily influenced by news, regulation changes, and market sentiment. Ignoring these factors can cause unexpected losses.
Pro Tip:
🌍 Stay updated with the latest crypto news and market analysis. Binance has plenty of tools to help you stay in the loop.
6. Not Managing Risk Properly ⚠️
Putting all your funds into a single trade is a recipe for disaster. What if it doesn’t go your way?
Pro Tip:
💡 Diversify your trades and never risk more than a small percentage of your total portfolio on a single trade.
---
Final Thought:
Mistakes are part of the learning process, but avoiding these common errors can save you time, stress, and most importantly, your money. Be disciplined, stick to your strategy, and keep your emotions in check.
Ready to trade smarter? Follow me for more pro tips!
👉🏻 @Najaf Ali Jafri
$PEPE $BNB $CATI
#guide #DODOEmpowersMemeIssuance #BinanceLaunchpoolHMSTR #BTCReboundsAfterFOMC #CATIonBinance
1. Emotional Trading 💥
One of the biggest traps is letting emotions take control. Whether it's panic selling during a dip or getting overly excited when a coin starts pumping, emotions can wreck your portfolio.
Pro Tip:
🚨 Stay calm. Always make decisions based on data, not feelings! If you’re emotional, step away from the screen for a while.
2. Not Setting Stop-Loss and Take-Profit Levels 🎯
If you’re trading without these, you're gambling! Stop-loss protects your capital by automatically selling when the price falls to a certain level. Take-profit ensures you lock in profits when the price reaches your target.
Pro Tip:
⚙️ Always set these before entering any trade. Don’t leave it to chance—protect your profits and your portfolio!
3. Overtrading: Less is More 💡
Jumping in and out of trades too frequently can drain your gains with fees and poor decisions. Not every moment is the right moment to trade.
Pro Tip:
📊 Stick to a strategy, trade only when you see solid opportunities, and remember that patience often leads to bigger profits.
4. Chasing the Hype 🚀
It’s tempting to buy when you see coins spiking on social media or Binance’s top gainers list, but FOMO (Fear of Missing Out) is one of the worst enemies in trading.
💥 How to Avoid FOMO: 💥
We’ve all been there—you see a coin skyrocketing, and it feels like if you don’t buy NOW, you’ll miss out on massive gains. But hold up!
Here’s what usually happens:
1. You jump in at a peak.
2. The price drops after your entry.
3. You panic and sell at a loss. 😭
What’s the Solution?
1. Stick to Your Plan: 📋 If a coin doesn’t fit your strategy or you didn’t analyze it before, don’t chase it just because it’s trending.
2. Understand There’s Always Another Opportunity: 🚀 The crypto market is HUGE. There’s always a new trade coming, so don’t get stuck chasing the one that already passed.
3. Don’t Buy on the Top: 📈 When a coin is already pumped by 20-30% in a few hours, it’s often too late to jump in. Wait for a retracement instead.
5. Ignoring Market Trends and News 📰
Crypto is heavily influenced by news, regulation changes, and market sentiment. Ignoring these factors can cause unexpected losses.
Pro Tip:
🌍 Stay updated with the latest crypto news and market analysis. Binance has plenty of tools to help you stay in the loop.
6. Not Managing Risk Properly ⚠️
Putting all your funds into a single trade is a recipe for disaster. What if it doesn’t go your way?
Pro Tip:
💡 Diversify your trades and never risk more than a small percentage of your total portfolio on a single trade.
---
Final Thought:
Mistakes are part of the learning process, but avoiding these common errors can save you time, stress, and most importantly, your money. Be disciplined, stick to your strategy, and keep your emotions in check.
Ready to trade smarter? Follow me for more pro tips!
👉🏻 @Najaf Ali Jafri
$PEPE $BNB $CATI
#guide #DODOEmpowersMemeIssuance #BinanceLaunchpoolHMSTR #BTCReboundsAfterFOMC #CATIonBinance
Cryptocurrencies Airdrops
#airdropsguide
In the world of cryptocurrencies, an "airdrop" is a commerce campaign when a blockchain gives away complimentary tokens or coins to the public. An airdrop is typically conducted to spread awareness of the project and to create buzz.
Airdrops in crypto are free tokens that are given to users as a way to promote a new cryptocurrency. For example, if new crypto is launching, they may airdrop tokens to users of a popular crypto wallet as a way to generate interest and awareness. People who have a specific quantity of another cryptocurrency, such as Bitcoin or Ethereum, are typically eligible for airdrops. There are multiple distinct approaches for obtaining airdrops. The most common is to simply hold the required cryptocurrency in your wallet at the time of the airdrop. Some airdrops will require you to sign up for a mailing list or complete other simple tasks. It's possible to acquire free cryptocurrency via airdrops.
Token distribution methods termed "airdrops" have become increasingly common in the cryptocurrency world. Many projects have used airdrops as a way to give away tokens to early adopters and build a community around their projects. But who founded airdrops in crypto? The first airdrop in the cryptocurrency space was conducted by the Bitcoin project. In 2013, they airdropped 50 bitcoin to people who signed up for the airdrop. This was encouraged to raise interest in Bitcoin and educate people about it. Several more projects have since carried out their airdrops in a similar manner. Some notable airdrops include Stellar Lumens, which gave away $125 million worth of their XLM tokens, and TRON, which airdropped $30 million worth of their TRX tokens. Airdrops are a great way to get people involved in a project and create a buzz around it. So if you're thinking about conducting an airdrop, make sure to do your research and plan it out carefully
The process of air dropping
There are two types of crypto airdrops. The first one is where it comes as a surprise to the user. You wake up one day to find your wallet loaded with crypto coins, and it creates a buzz as to where they came from.
The other method is pre-airdrop announcement where the blockchain based startups announce it beforehand to get the buzz going. In the majority of the cases, the primary goal is to bootstrap the project. The user may need to complete several processes before they can qualify for the airdrop.
What are the reasons for airdrops?
The cryptocurrency enterprises and wallet services may choose to reward loyal customers with cryptocurrency tokens. The main aim is to serve as an incentive for the customers to continue using the platforms.Airdrops can prove useful in creating a buzz regarding a new startup. It is a way of getting people to use the new cryptocurrency through increased user participation. Bitcoin Cash used this method to create awareness, and it became a top 10 cryptocurrency, as a result.Cryptocurrency enterprises can also use airdrops to enhance their marketing campaigns. For example, users may get promises of tokens once they fill an online questionnaire to generate leads.
You can participate in cryptocurrency Airdrops by following the rules set to make you eligible to participate and win in the event. An example is the Bitget's Super Airdrop event. This is a great way to receive free tokens and become more involved in the cryptocurrency community. Here's how you can participate:
1. Create an account on the platform offering the airdrop - In this case, you would need to create an account on the Bitget exchange platform.
2. Meet the eligibility requirements - For Bitget's Super Airdrop event, participants must hold at least 4,000 BGB tokens in their Bitget accounts prior to the opening of trading for newly listed tokens on the exchange.
3. Complete any additional requirements - Some airdrops may require additional tasks, such as following a project on social media or completing other actions to be eligible for the airdrop. For Bitget super airdrop event, you need to hold a total of 4000 BGB token for a period of 15 days prior to the listing of a new token on the exchange to qualify for Airdrop of newly listed tokens on the exchange.
4. Receive the airdropped tokens - Once you have met the eligibility requirements and completed any additional tasks, you will receive the airdropped tokens in your wallet.
It's important to note that while airdrops can be a great way to receive free tokens, there are also many scams and fraudulent projects out there. It's important to carefully research any project or airdrop before participating, and to never give out personal or sensitive information to untrusted sources.
#airdrop #airdrops #AirdropGuide #guide
In the world of cryptocurrencies, an "airdrop" is a commerce campaign when a blockchain gives away complimentary tokens or coins to the public. An airdrop is typically conducted to spread awareness of the project and to create buzz.
Airdrops in crypto are free tokens that are given to users as a way to promote a new cryptocurrency. For example, if new crypto is launching, they may airdrop tokens to users of a popular crypto wallet as a way to generate interest and awareness. People who have a specific quantity of another cryptocurrency, such as Bitcoin or Ethereum, are typically eligible for airdrops. There are multiple distinct approaches for obtaining airdrops. The most common is to simply hold the required cryptocurrency in your wallet at the time of the airdrop. Some airdrops will require you to sign up for a mailing list or complete other simple tasks. It's possible to acquire free cryptocurrency via airdrops.
Token distribution methods termed "airdrops" have become increasingly common in the cryptocurrency world. Many projects have used airdrops as a way to give away tokens to early adopters and build a community around their projects. But who founded airdrops in crypto? The first airdrop in the cryptocurrency space was conducted by the Bitcoin project. In 2013, they airdropped 50 bitcoin to people who signed up for the airdrop. This was encouraged to raise interest in Bitcoin and educate people about it. Several more projects have since carried out their airdrops in a similar manner. Some notable airdrops include Stellar Lumens, which gave away $125 million worth of their XLM tokens, and TRON, which airdropped $30 million worth of their TRX tokens. Airdrops are a great way to get people involved in a project and create a buzz around it. So if you're thinking about conducting an airdrop, make sure to do your research and plan it out carefully
The process of air dropping
There are two types of crypto airdrops. The first one is where it comes as a surprise to the user. You wake up one day to find your wallet loaded with crypto coins, and it creates a buzz as to where they came from.
The other method is pre-airdrop announcement where the blockchain based startups announce it beforehand to get the buzz going. In the majority of the cases, the primary goal is to bootstrap the project. The user may need to complete several processes before they can qualify for the airdrop.
What are the reasons for airdrops?
The cryptocurrency enterprises and wallet services may choose to reward loyal customers with cryptocurrency tokens. The main aim is to serve as an incentive for the customers to continue using the platforms.Airdrops can prove useful in creating a buzz regarding a new startup. It is a way of getting people to use the new cryptocurrency through increased user participation. Bitcoin Cash used this method to create awareness, and it became a top 10 cryptocurrency, as a result.Cryptocurrency enterprises can also use airdrops to enhance their marketing campaigns. For example, users may get promises of tokens once they fill an online questionnaire to generate leads.
You can participate in cryptocurrency Airdrops by following the rules set to make you eligible to participate and win in the event. An example is the Bitget's Super Airdrop event. This is a great way to receive free tokens and become more involved in the cryptocurrency community. Here's how you can participate:
1. Create an account on the platform offering the airdrop - In this case, you would need to create an account on the Bitget exchange platform.
2. Meet the eligibility requirements - For Bitget's Super Airdrop event, participants must hold at least 4,000 BGB tokens in their Bitget accounts prior to the opening of trading for newly listed tokens on the exchange.
3. Complete any additional requirements - Some airdrops may require additional tasks, such as following a project on social media or completing other actions to be eligible for the airdrop. For Bitget super airdrop event, you need to hold a total of 4000 BGB token for a period of 15 days prior to the listing of a new token on the exchange to qualify for Airdrop of newly listed tokens on the exchange.
4. Receive the airdropped tokens - Once you have met the eligibility requirements and completed any additional tasks, you will receive the airdropped tokens in your wallet.
It's important to note that while airdrops can be a great way to receive free tokens, there are also many scams and fraudulent projects out there. It's important to carefully research any project or airdrop before participating, and to never give out personal or sensitive information to untrusted sources.
#airdrop #airdrops #AirdropGuide #guide
Hi Guys,
It's Big & Big #guide For Those Who Want To Get Their $NOT Token in Their Wallet !!!
Commenting on the launch, Sasha Plotvinov, founder of Open Builders, a community of blockchain developers focusing on
The Open Network, said the ecosystem prioritized
“transparency and a fair distribution process that provides a realistic vision of what the true mass adoption of crypto looks like.”
Launched in late 2023, Notcoin is a clicker game based on The Open Network blockchain where users can “mine” NOT tokens by tapping their screens while running the Notcoin mini application in Telegram on mobile devices.
Once the game gained momentum, the Notcoin team converted in-game balances on a 1000:1 ratio, with every one thousand in-game Notcoin converting to one NOT token.
#notcoin #buythedip #Write2Earrn #NOT_coin
It's Big & Big #guide For Those Who Want To Get Their $NOT Token in Their Wallet !!!
Commenting on the launch, Sasha Plotvinov, founder of Open Builders, a community of blockchain developers focusing on
The Open Network, said the ecosystem prioritized
“transparency and a fair distribution process that provides a realistic vision of what the true mass adoption of crypto looks like.”
Launched in late 2023, Notcoin is a clicker game based on The Open Network blockchain where users can “mine” NOT tokens by tapping their screens while running the Notcoin mini application in Telegram on mobile devices.
Once the game gained momentum, the Notcoin team converted in-game balances on a 1000:1 ratio, with every one thousand in-game Notcoin converting to one NOT token.
#notcoin #buythedip #Write2Earrn #NOT_coin
I've been warning about this from the start. The market has suddenly dropped, and I think it's a whale trap. Be cautious! It looks like a large holder, also known as a whale, is manipulating the market by selling a significant amount of cryptocurrency, causing the price to plummet. This can be a risky situation for investors, so it's essential to be careful.
Keep a close eye on market trends and be aware of whale activity to make informed decisions.
#Ton_Coin_Surge #Alert🔴 #guide #Whalestrap
Keep a close eye on market trends and be aware of whale activity to make informed decisions.
#Ton_Coin_Surge #Alert🔴 #guide #Whalestrap
A Complete Guide to Cryptocurrency Trading for Beginners
#bigginers #guide
1.Cryptocurrency trading, or the buying and selling of digital assets like Bitcoin and Ethereum, has emerged as a dynamic and potentially lucrative endeavor.
2.For beginners, it’s essential to understand what makes cryptocurrency unique, familiarize yourself with common trading concepts such as order books, trading pairs, and order types, and become comfortable with technical analysis charts and tools.
3.This comprehensive guide will teach beginners all this foundational knowledge and prepare you to embark on your crypto trading journey.
#bigginers #guide
1.Cryptocurrency trading, or the buying and selling of digital assets like Bitcoin and Ethereum, has emerged as a dynamic and potentially lucrative endeavor.
2.For beginners, it’s essential to understand what makes cryptocurrency unique, familiarize yourself with common trading concepts such as order books, trading pairs, and order types, and become comfortable with technical analysis charts and tools.
3.This comprehensive guide will teach beginners all this foundational knowledge and prepare you to embark on your crypto trading journey.
Surviving the crypto jungle requires a strategic mindset, awareness, and caution. Here’s a concise
Surviving the crypto jungle requires a strategic mindset, awareness, and caution. Here’s a concise guide to help you navigate:
1. Educate Yourself: Before diving in, understand blockchain technology, how cryptocurrencies work, and the risks involved.
2. Choose Reputable Exchanges: Stick to well-known, regulated exchanges for buying and selling. Avoid lesser-known platforms with sketchy histories.
3. Secure Your Assets: Use hardware wallets for long-term storage. Keep your private keys secure and never share them.
4. Diversify: Don’t put all your funds into one coin. Spread your investments across multiple assets to mitigate risks.
5. Beware of Scams: Be cautious of too-good-to-be-true offers, phishing scams, and fraudulent ICOs. Always verify sources before making any transactions.
6. Stay Updated: Crypto markets are volatile. Keep an eye on news, regulatory changes, and market trends.
7. Have an Exit Strategy: Know when to take profits and cut losses. Emotional decisions can be costly in the crypto world.
8. Understand Taxes: Be aware of the tax implications of your crypto investments and comply with local regulations.
By following these guidelines, you’ll be better equipped to thrive in the unpredictable world of cryptocurrency.
#CryptoPlatforms #guide
1. Educate Yourself: Before diving in, understand blockchain technology, how cryptocurrencies work, and the risks involved.
2. Choose Reputable Exchanges: Stick to well-known, regulated exchanges for buying and selling. Avoid lesser-known platforms with sketchy histories.
3. Secure Your Assets: Use hardware wallets for long-term storage. Keep your private keys secure and never share them.
4. Diversify: Don’t put all your funds into one coin. Spread your investments across multiple assets to mitigate risks.
5. Beware of Scams: Be cautious of too-good-to-be-true offers, phishing scams, and fraudulent ICOs. Always verify sources before making any transactions.
6. Stay Updated: Crypto markets are volatile. Keep an eye on news, regulatory changes, and market trends.
7. Have an Exit Strategy: Know when to take profits and cut losses. Emotional decisions can be costly in the crypto world.
8. Understand Taxes: Be aware of the tax implications of your crypto investments and comply with local regulations.
By following these guidelines, you’ll be better equipped to thrive in the unpredictable world of cryptocurrency.
#CryptoPlatforms #guide
Understanding Open Interest in Crypto Trading: A Guide to Profitable Strategies
Open Interest (OI) is a critical but often underutilized metric in the world of #CryptoTrading. This #guide will help you understand what #Openinterest is, how to use it effectively, and how to combine it with other trading instruments to enhance your trading strategy and boost profitability.
What is Open Interest?
Open Interest represents the total number of outstanding derivative contracts, such as futures or options, that are currently open and active. It’s a measure of the flow of money into the futures market and an #Indicator of market #Sentiments and liquidity.
Why is Open Interest Important?
Market Sentiment: Increasing OI suggests new money is flowing into the market, indicating a potential continuation of the current trend. Conversely, decreasing OI suggests money is leaving the market, which could signal a trend reversal.Liquidity: High OI indicates a liquid market where it is easier to enter and exit positions without significant slippage.Confirmation Tool: OI can be used to confirm trends. For instance, a price increase accompanied by rising OI suggests a strong bullish trend.
How to Use Open Interest in Crypto Trading
To effectively incorporate OI into your trading strategy, it’s essential to combine it with other instruments and indicators. Here are some practical strategies:
1. Combining OI with Price Action
Trend Confirmation: Use OI to confirm price trends. If prices are rising and OI is increasing, it suggests that the upward trend is strong and likely to continue. Conversely, if prices are rising but OI is falling, it may indicate that the trend is weakening.Divergence Analysis: Look for divergences between price and OI. For example, if the price of a cryptocurrency is rising but OI is decreasing, it could be a warning sign that the bullish trend is losing momentum.
2. OI and Volume Analysis
Volume Confirmation: High trading volume alongside increasing OI can confirm the strength of a price movement. Conversely, if volume is high but OI is decreasing, it might indicate short-term speculation rather than a strong trend.Volume Spikes: Sudden spikes in volume accompanied by rising OI can signal the beginning of a new trend or the end of a consolidation phase.
3. OI and Volatility
Volatility Analysis: Track changes in OI along with volatility measures like the Bollinger Bands or the Average True Range (ATR). Rising OI in a low volatility environment might signal a breakout, while high volatility with increasing OI can indicate a strong trending market.Volatility Breakouts: Use OI to identify potential breakouts. A sudden increase in OI during a period of low volatility might precede a significant price move.
4. OI and Sentiment Indicators
Market Sentiment: Combine OI with sentiment indicators like the Fear and Greed Index or social media sentiment analysis to gauge the overall mood of the market. High OI during extreme greed could indicate a potential bubble, while high OI during extreme fear might present a buying opportunity.Contrarian Signals: Use OI to identify contrarian trading opportunities. For example, if OI is rising significantly in a bearish market, it might indicate that a bottom is forming.
Practical Example: $RSR
Trade Analysis
Let's delve into a practical example to illustrate how Open Interest can be used effectively in trading decisions. The following images and analysis provide a detailed look into an RSR/USDT trade.
Example Breakdown:
Step 1: Identifying Key Levels on Higher Timeframe
The 4-hour chart of RSR/USDT shows a significant support level that was broken down. This breakdown indicated a potential change in trend direction from bullish to bearish.
Step 2: ERKEScan Alert
ERKEScan triggered an alert for a significant increase in Open Interest (OI Change 1h: 5.231). This alert indicates a substantial number of new positions being opened, suggesting strong market activity.
Step 3: Zooming into Smaller Timeframes
Moving into a smaller timeframe , we see that the price popped right into the newly formed resistance zone from the 4-hour breakdown level. This movement provided an ideal entry point for a short trade.
The chart shows the significant spike in price followed by a quick reversal, confirming the resistance level's strength. Many positions were placed at this level, providing a high-probability trade setup.
Trade Execution
Based on the higher timeframe analysis and the confirmation from the OI spike, we could enter a short trade on RSR at the resistance level. The trade benefits from the confirmation of increased OI and the price action aligning with our higher timeframe analysis.
Using ERKEScan's Top10 Leaderboard to Filter Fake Signals
To avoid being misled by fake OI signals, you can use ERKEScan's Top10 leaderboard feature. This tool shows the top 10 tokens with the highest Open Interest increases, allowing you to filter out any anomalies or false signals. By focusing on the tokens with the most significant OI changes, you can make more informed trading decisions and enhance your strategy's effectiveness.
Conclusion
Open Interest is a powerful tool that, when used correctly, can provide valuable insights into market sentiment, liquidity, and potential price movements. By combining OI with other trading instruments such as price action, volume, volatility, and sentiment indicators, you can develop a robust trading strategy that enhances your profitability in the crypto market.
As you refine your strategy, consider using advanced tools and platforms that offer real-time OI data and customizable alerts, like the ErkeScan crypto screener. By leveraging these resources, you can stay ahead of the market and make more informed trading decisions.
With these strategies, you'll be well-equipped to incorporate Open Interest into your trading arsenal and improve your chances of success in the dynamic world of crypto trading.
What is Open Interest?
Open Interest represents the total number of outstanding derivative contracts, such as futures or options, that are currently open and active. It’s a measure of the flow of money into the futures market and an #Indicator of market #Sentiments and liquidity.
Why is Open Interest Important?
Market Sentiment: Increasing OI suggests new money is flowing into the market, indicating a potential continuation of the current trend. Conversely, decreasing OI suggests money is leaving the market, which could signal a trend reversal.Liquidity: High OI indicates a liquid market where it is easier to enter and exit positions without significant slippage.Confirmation Tool: OI can be used to confirm trends. For instance, a price increase accompanied by rising OI suggests a strong bullish trend.
How to Use Open Interest in Crypto Trading
To effectively incorporate OI into your trading strategy, it’s essential to combine it with other instruments and indicators. Here are some practical strategies:
1. Combining OI with Price Action
Trend Confirmation: Use OI to confirm price trends. If prices are rising and OI is increasing, it suggests that the upward trend is strong and likely to continue. Conversely, if prices are rising but OI is falling, it may indicate that the trend is weakening.Divergence Analysis: Look for divergences between price and OI. For example, if the price of a cryptocurrency is rising but OI is decreasing, it could be a warning sign that the bullish trend is losing momentum.
2. OI and Volume Analysis
Volume Confirmation: High trading volume alongside increasing OI can confirm the strength of a price movement. Conversely, if volume is high but OI is decreasing, it might indicate short-term speculation rather than a strong trend.Volume Spikes: Sudden spikes in volume accompanied by rising OI can signal the beginning of a new trend or the end of a consolidation phase.
3. OI and Volatility
Volatility Analysis: Track changes in OI along with volatility measures like the Bollinger Bands or the Average True Range (ATR). Rising OI in a low volatility environment might signal a breakout, while high volatility with increasing OI can indicate a strong trending market.Volatility Breakouts: Use OI to identify potential breakouts. A sudden increase in OI during a period of low volatility might precede a significant price move.
4. OI and Sentiment Indicators
Market Sentiment: Combine OI with sentiment indicators like the Fear and Greed Index or social media sentiment analysis to gauge the overall mood of the market. High OI during extreme greed could indicate a potential bubble, while high OI during extreme fear might present a buying opportunity.Contrarian Signals: Use OI to identify contrarian trading opportunities. For example, if OI is rising significantly in a bearish market, it might indicate that a bottom is forming.
Practical Example: $RSR
Trade Analysis
Let's delve into a practical example to illustrate how Open Interest can be used effectively in trading decisions. The following images and analysis provide a detailed look into an RSR/USDT trade.
Example Breakdown:
Step 1: Identifying Key Levels on Higher Timeframe
The 4-hour chart of RSR/USDT shows a significant support level that was broken down. This breakdown indicated a potential change in trend direction from bullish to bearish.
Step 2: ERKEScan Alert
ERKEScan triggered an alert for a significant increase in Open Interest (OI Change 1h: 5.231). This alert indicates a substantial number of new positions being opened, suggesting strong market activity.
Step 3: Zooming into Smaller Timeframes
Moving into a smaller timeframe , we see that the price popped right into the newly formed resistance zone from the 4-hour breakdown level. This movement provided an ideal entry point for a short trade.
The chart shows the significant spike in price followed by a quick reversal, confirming the resistance level's strength. Many positions were placed at this level, providing a high-probability trade setup.
Trade Execution
Based on the higher timeframe analysis and the confirmation from the OI spike, we could enter a short trade on RSR at the resistance level. The trade benefits from the confirmation of increased OI and the price action aligning with our higher timeframe analysis.
Using ERKEScan's Top10 Leaderboard to Filter Fake Signals
To avoid being misled by fake OI signals, you can use ERKEScan's Top10 leaderboard feature. This tool shows the top 10 tokens with the highest Open Interest increases, allowing you to filter out any anomalies or false signals. By focusing on the tokens with the most significant OI changes, you can make more informed trading decisions and enhance your strategy's effectiveness.
Conclusion
Open Interest is a powerful tool that, when used correctly, can provide valuable insights into market sentiment, liquidity, and potential price movements. By combining OI with other trading instruments such as price action, volume, volatility, and sentiment indicators, you can develop a robust trading strategy that enhances your profitability in the crypto market.
As you refine your strategy, consider using advanced tools and platforms that offer real-time OI data and customizable alerts, like the ErkeScan crypto screener. By leveraging these resources, you can stay ahead of the market and make more informed trading decisions.
With these strategies, you'll be well-equipped to incorporate Open Interest into your trading arsenal and improve your chances of success in the dynamic world of crypto trading.
Welcome to the Beginners Guide to Cryptocurrency: Navigating Portfolio Growth and Investor Psychology
THIS GUIDE IS COMPELETLY FREE STAY TUNED FOR MORE AND PLEASE GIVE A FOLLOW AND LIKE ❤️
Embarking on the journey of cryptocurrency investment requires not just an understanding of financial principles, but also a keen grasp of one's own psychological responses to the market's highs and lows. This guide is designed to introduce newcomers to the essential concepts of cryptocurrency investment, while also emphasizing the psychological aspects that can influence decision-making and long-term success.
Cryptocurrency is not just another asset class; it's a dynamic field that combines technology, economics, and human behavior in unique ways. As you step into this vibrant world, you'll learn how to grow your portfolio wisely and sustainably. Moreover, you'll gain insights into the psychological hurdles that investors face—such as fear, greed, and confirmation bias—and how mastering these can enhance your investment strategy.
Whether you are a novice looking to make your first investment or someone curious about expanding your investment horizon, this guide will provide you with the tools and knowledge to confidently navigate the complex terrain of crypto investing. Let’s start your journey towards becoming a savvy and psychologically aware investor in the cryptocurrency market.
#ETFvsBTC #beginner #guide #CryptoLessons
THIS GUIDE IS COMPELETLY FREE STAY TUNED FOR MORE AND PLEASE GIVE A FOLLOW AND LIKE ❤️
Embarking on the journey of cryptocurrency investment requires not just an understanding of financial principles, but also a keen grasp of one's own psychological responses to the market's highs and lows. This guide is designed to introduce newcomers to the essential concepts of cryptocurrency investment, while also emphasizing the psychological aspects that can influence decision-making and long-term success.
Cryptocurrency is not just another asset class; it's a dynamic field that combines technology, economics, and human behavior in unique ways. As you step into this vibrant world, you'll learn how to grow your portfolio wisely and sustainably. Moreover, you'll gain insights into the psychological hurdles that investors face—such as fear, greed, and confirmation bias—and how mastering these can enhance your investment strategy.
Whether you are a novice looking to make your first investment or someone curious about expanding your investment horizon, this guide will provide you with the tools and knowledge to confidently navigate the complex terrain of crypto investing. Let’s start your journey towards becoming a savvy and psychologically aware investor in the cryptocurrency market.
#ETFvsBTC #beginner #guide #CryptoLessons
Альткоины - там где происходит магия...
Я ранее упоминал что мы рассмотрим тему альткоинов подробнее, так вот, этот день настал.
Для начала освежим в памяти что это:
Альткоины - альтернативные биткоину монеты(токены).
Всё. Конец статьи. Можете закрывать.
Ещё здесь? Отлично, значит вы готовы потратить время на своё обучение. Что значит вы возможно задержитесь на рынке подольше)
И так, поехали, начнём с маленькой детали которую я зацепил в самом начале...
Монеты и токены
Всё верно, оба считаются альткоинами, и все же разница есть.
Монета - криптовалюта работающая на своём блокчейне. Например $ETH . Или $TON . Или $FLUX ... Или много чего ещё, не будем задерживатся тут надолго.Токены - криптовалюта что использует существующие блокчейны. Как DOGS или HMSTR у TON. LINC/UNI на ETH. Или даже terner... (Хотя он уже давно много где есть)
И так основу упомянули, (теперь хотя бы не засмеют🙃), идём дальше.
Альткоины делятся на сектора, как правило по своему применению (или его отсутствию).
Начнём:
DeFi (Децентрализованные финансы):Проекты, направленные на создание финансовых сервисов, таких как кредитование, стейкинг, децентрализованные биржи и т.д.Примеры: Aave, Uniswap.Игры и метавселенная (GameFi и Metaverse):Включает игровые проекты и платформы для создания виртуальных миров, с поддержкой невзаимозаменяемых токенов (NFT). Примеры: Axie Infinity, Decentraland, The Sandbox.NFT (Невзаимозаменяемые токены):Токены, которые представляют уникальные цифровые активы, такие как искусство, коллекционные предметы и виртуальная недвижимость. Примеры: Enjin Coin, Chiliz, Rarible.Веб 3.0 (Web 3.0):Протоколы и платформы, ориентированные на децентрализацию интернета, улучшение конфиденциальности и интеграцию блокчейн-технологий. Примеры: Polkadot, Filecoin, Chainlink.Смарт-контракты:Платформы, которые предоставляют инфраструктуру для создания децентрализованных приложений и смарт-контрактов. Примеры: Ethereum, Solana, Cardano.Инфраструктурные токены:Токены, поддерживающие основные блокчейн-системы и их функционирование, такие как масштабирование и улучшение производительности сети. Примеры: Polygon (MATIC), Cosmos (ATOM).Приватные монеты:Криптовалюты с повышенной конфиденциальностью и анонимностью транзакций.Примеры: Monero, Zcash, Dash.Стейблкоины, здесь я противоречу сам себе, но да, как выяснилось стейблкоины тоже альткоины: Это криптовалюты, привязанные к традиционным активам, например, к доллару США или золоту, для снижения волатильности.Примеры: USDT, USDC, DAI.Шиткоины (Shitcoins):Это криптовалюты с минимальной реальной ценностью/использованием (или вообще без него), часто создаваемые без долгосрочных целей. Их цена может быть чрезвычайно волатильной, и они часто используются для краткосрочных спекуляцийМемкоины (Memecoins):Криптовалюты, которые основываются на интернет-мемах или шутках, обычно без серьёзной технологии за ними. Несмотря на это, некоторые мемкоины могут стать очень популярными из-за общественного интереса. Примеры: Dogecoin, Shiba Inu.Фан-токены (Fan tokens):Токены, выпускаемые спортивными командами или другими популярными брендами для создания взаимодействия с фанатами. Они часто дают держателям возможность участвовать в голосованиях или получать уникальные привилегии. Примеры: Chiliz, PSG Fan Token, Juventus Fan Token.Seed (инвестиционные проекты на ранней стадии):Токены, которые продаются на ранних стадиях проекта для привлечения средств. Инвесторы покупают их с надеждой на будущий рост цены, когда проект вырастет и станет успешным. Эти токены могут быть крайне рискованными, так как многие стартапы не достигают успеха.Валюты искусственного интеллекта (AI tokens):Токены, связанные с проектами на базе искусственного интеллекта и машинного обучения. Они используются для построения децентрализованных моделей ИИ, предоставления вычислительных мощностей или доступа к данным. Примеры: SingularityNET (AGIX), Fetch.ai (FET).Layer 2 решения:Токены, связанные с решениями для масштабирования блокчейнов, которые облегчают нагрузку на основную сеть (Layer 1). Это помогает повысить скорость транзакций и снизить комиссии. Примеры: Optimism (OP), Arbitrum.Governance токены:Эти токены дают своим владельцам право голоса в управлении децентрализованными проектами или протоколами. Владельцы могут принимать решения по улучшению сети, изменению правил или распределению ресурсов. Примеры: Uniswap (UNI), Compound (COMP).Валюты обменников (Exchange tokens):Выпущенные криптобиржами, которые предоставляют преимущества пользователям этих платформ, такие как скидки на комиссии или участие в IEO (Initial Exchange Offering). Примеры: Binance Coin (BNB), FTX Token (FTT), OKB.Токены безопасности (Security tokens):Токены, представляющие собой цифровую форму акций или облигаций, и регулируются как финансовые активы. Они дают держателям право на доходы или голосование, как в традиционных акциях. Пример: Securitize.
И даже это не всё, есть ещё много разделов достойных упоминания, но я и так набросал тут всего...
Узнать сектор из которого ваша монета/токен это самый первый шаг перед покупкой. Хотя бы знайте что вы покупаете, не говоря уже о том зачем...
Уточнение: Информация представленная здесь не претендует на достоверность, всегда проверяйте полученную информацию самостоятельно (и не стесняйтесь задавать вопросы, или поправлять автора если это действительно необходимо).
Уточнение 2: Эта статья создавалась не без помощи ИИ и/или на основе информации предоставленной ИИ, что повышает риск недостоверности. Если вы уже проверили информацию, то проверьте её ещё раз, а если ещё нет, самое время это сделать...
#BTC #BNB #altcoins #Altseason #guide
Для начала освежим в памяти что это:
Альткоины - альтернативные биткоину монеты(токены).
Всё. Конец статьи. Можете закрывать.
Ещё здесь? Отлично, значит вы готовы потратить время на своё обучение. Что значит вы возможно задержитесь на рынке подольше)
И так, поехали, начнём с маленькой детали которую я зацепил в самом начале...
Монеты и токены
Всё верно, оба считаются альткоинами, и все же разница есть.
Монета - криптовалюта работающая на своём блокчейне. Например $ETH . Или $TON . Или $FLUX ... Или много чего ещё, не будем задерживатся тут надолго.Токены - криптовалюта что использует существующие блокчейны. Как DOGS или HMSTR у TON. LINC/UNI на ETH. Или даже terner... (Хотя он уже давно много где есть)
И так основу упомянули, (теперь хотя бы не засмеют🙃), идём дальше.
Альткоины делятся на сектора, как правило по своему применению (или его отсутствию).
Начнём:
DeFi (Децентрализованные финансы):Проекты, направленные на создание финансовых сервисов, таких как кредитование, стейкинг, децентрализованные биржи и т.д.Примеры: Aave, Uniswap.Игры и метавселенная (GameFi и Metaverse):Включает игровые проекты и платформы для создания виртуальных миров, с поддержкой невзаимозаменяемых токенов (NFT). Примеры: Axie Infinity, Decentraland, The Sandbox.NFT (Невзаимозаменяемые токены):Токены, которые представляют уникальные цифровые активы, такие как искусство, коллекционные предметы и виртуальная недвижимость. Примеры: Enjin Coin, Chiliz, Rarible.Веб 3.0 (Web 3.0):Протоколы и платформы, ориентированные на децентрализацию интернета, улучшение конфиденциальности и интеграцию блокчейн-технологий. Примеры: Polkadot, Filecoin, Chainlink.Смарт-контракты:Платформы, которые предоставляют инфраструктуру для создания децентрализованных приложений и смарт-контрактов. Примеры: Ethereum, Solana, Cardano.Инфраструктурные токены:Токены, поддерживающие основные блокчейн-системы и их функционирование, такие как масштабирование и улучшение производительности сети. Примеры: Polygon (MATIC), Cosmos (ATOM).Приватные монеты:Криптовалюты с повышенной конфиденциальностью и анонимностью транзакций.Примеры: Monero, Zcash, Dash.Стейблкоины, здесь я противоречу сам себе, но да, как выяснилось стейблкоины тоже альткоины: Это криптовалюты, привязанные к традиционным активам, например, к доллару США или золоту, для снижения волатильности.Примеры: USDT, USDC, DAI.Шиткоины (Shitcoins):Это криптовалюты с минимальной реальной ценностью/использованием (или вообще без него), часто создаваемые без долгосрочных целей. Их цена может быть чрезвычайно волатильной, и они часто используются для краткосрочных спекуляцийМемкоины (Memecoins):Криптовалюты, которые основываются на интернет-мемах или шутках, обычно без серьёзной технологии за ними. Несмотря на это, некоторые мемкоины могут стать очень популярными из-за общественного интереса. Примеры: Dogecoin, Shiba Inu.Фан-токены (Fan tokens):Токены, выпускаемые спортивными командами или другими популярными брендами для создания взаимодействия с фанатами. Они часто дают держателям возможность участвовать в голосованиях или получать уникальные привилегии. Примеры: Chiliz, PSG Fan Token, Juventus Fan Token.Seed (инвестиционные проекты на ранней стадии):Токены, которые продаются на ранних стадиях проекта для привлечения средств. Инвесторы покупают их с надеждой на будущий рост цены, когда проект вырастет и станет успешным. Эти токены могут быть крайне рискованными, так как многие стартапы не достигают успеха.Валюты искусственного интеллекта (AI tokens):Токены, связанные с проектами на базе искусственного интеллекта и машинного обучения. Они используются для построения децентрализованных моделей ИИ, предоставления вычислительных мощностей или доступа к данным. Примеры: SingularityNET (AGIX), Fetch.ai (FET).Layer 2 решения:Токены, связанные с решениями для масштабирования блокчейнов, которые облегчают нагрузку на основную сеть (Layer 1). Это помогает повысить скорость транзакций и снизить комиссии. Примеры: Optimism (OP), Arbitrum.Governance токены:Эти токены дают своим владельцам право голоса в управлении децентрализованными проектами или протоколами. Владельцы могут принимать решения по улучшению сети, изменению правил или распределению ресурсов. Примеры: Uniswap (UNI), Compound (COMP).Валюты обменников (Exchange tokens):Выпущенные криптобиржами, которые предоставляют преимущества пользователям этих платформ, такие как скидки на комиссии или участие в IEO (Initial Exchange Offering). Примеры: Binance Coin (BNB), FTX Token (FTT), OKB.Токены безопасности (Security tokens):Токены, представляющие собой цифровую форму акций или облигаций, и регулируются как финансовые активы. Они дают держателям право на доходы или голосование, как в традиционных акциях. Пример: Securitize.
И даже это не всё, есть ещё много разделов достойных упоминания, но я и так набросал тут всего...
Узнать сектор из которого ваша монета/токен это самый первый шаг перед покупкой. Хотя бы знайте что вы покупаете, не говоря уже о том зачем...
Уточнение: Информация представленная здесь не претендует на достоверность, всегда проверяйте полученную информацию самостоятельно (и не стесняйтесь задавать вопросы, или поправлять автора если это действительно необходимо).
Уточнение 2: Эта статья создавалась не без помощи ИИ и/или на основе информации предоставленной ИИ, что повышает риск недостоверности. Если вы уже проверили информацию, то проверьте её ещё раз, а если ещё нет, самое время это сделать...
#BTC #BNB #altcoins #Altseason #guide
What is Airdrops? #AirdropGuide
An Airdrop in cryptocurrency is a marketing strategy used by blockchain projects to distribute free tokens or coins to a large number of people. Here's a simple breakdown:
Purpose: The main goal is to create awareness and promote the use of a new cryptocurrency or blockchain project.Distribution: Tokens or coins are given away for free to certain users. This can be done in various ways, such as:Sending tokens directly to the wallets of people who already hold a specific cryptocurrency.Requiring users to complete certain tasks (like joining a Telegram group, following on social media, or sharing a post) to receive the free tokens.Eligibility: Different airdrops have different rules for who can receive the tokens. Some common criteria include:Holding a specific cryptocurrency in your wallet.Being an early supporter or user of the project.Completing promotional tasks as mentioned above.Benefits:For users, it's a way to get free cryptocurrency.For projects, it helps in building a community, creating buzz, and achieving widespread distribution of their tokens.
Types of AirDrops
Standard AirDrop:Tokens are distributed to existing holders of a particular cryptocurrency.
Example: If you hold Ethereum, you might receive tokens from a new Ethereum-based project.Bounty AirDrop:Users must complete certain tasks to receive tokens. Tasks can include promoting the project on social media, joining community groups, or referring friends.
Example: Completing a survey, writing a blog post, or sharing content on social media.Exclusive AirDrop:Tokens are distributed to a select group of people, often early supporters or loyal community members.
Example: Rewarding participants of an early ICO (Initial Coin Offering) or users who have been active in the project’s community.Holder AirDrop:Tokens are given to holders of a specific cryptocurrency in proportion to their holdings.
Example: Holding a certain amount of a cryptocurrency like Bitcoin or Ethereum might qualify you for an AirDrop of a new token.Fork AirDrop:Occurs when a blockchain splits into two, and holders of the original coin receive an equal amount of the new coin.
Example: Bitcoin holders received Bitcoin Cash during the Bitcoin fork in 2017.
Examples of Past AirDrops
Uniswap (UNI):In September 2020, Uniswap distributed 400 UNI tokens to anyone who had used their platform before a certain date. This was worth several thousand dollars at the time.Stellar Lumens (XLM):Stellar conducted multiple AirDrops, one of the most notable being their 2018 giveaway of $125 million worth of XLM to Blockchain wallet users.Bitcoin Cash (BCH):When Bitcoin forked in 2017, all Bitcoin holders received an equal amount of Bitcoin Cash.
Strategies for Finding and Participating in New AirDrops
Follow Social Media and News:Follow cryptocurrency projects, influencers, and news platforms on social media platforms like Twitter, Telegram, and Reddit.
Join relevant forums and groups where AirDrops are often discussed.Use Airdrop Aggregator Websites:Websites like AirdropAlert, AirdropAddict, and AirdropKing list upcoming and ongoing Airdrops, providing details on how to participate.Subscribe to Newsletters:Many Airdrop websites and cryptocurrency news platforms offer newsletters that provide updates on new AirDrops.Participate in ICOs and New Projects:Early involvement in new ICOs or projects can often lead to exclusive Airdrops.Hold Popular Cryptocurrencies:Holding major cryptocurrencies like Bitcoin or Ethereum can sometimes make you eligible for AirDrops from new projects built on their blockchains.Engage with Projects:Active participation in a project’s community can lead to exclusive Airdrops. This includes joining their Discord or Telegram groups, participating in discussions, and contributing to their development.
By staying informed and actively engaging in the cryptocurrency community, you can take advantage of Airdrops and potentially benefit from receiving new tokens or coins.
In essence, an Airdrop is like a free sample giveaway in the cryptocurrency world, aimed at attracting more users and increasing the adoption of a new digital asset.
#guide #airdrop #AirdropGuide #crypto
Purpose: The main goal is to create awareness and promote the use of a new cryptocurrency or blockchain project.Distribution: Tokens or coins are given away for free to certain users. This can be done in various ways, such as:Sending tokens directly to the wallets of people who already hold a specific cryptocurrency.Requiring users to complete certain tasks (like joining a Telegram group, following on social media, or sharing a post) to receive the free tokens.Eligibility: Different airdrops have different rules for who can receive the tokens. Some common criteria include:Holding a specific cryptocurrency in your wallet.Being an early supporter or user of the project.Completing promotional tasks as mentioned above.Benefits:For users, it's a way to get free cryptocurrency.For projects, it helps in building a community, creating buzz, and achieving widespread distribution of their tokens.
Types of AirDrops
Standard AirDrop:Tokens are distributed to existing holders of a particular cryptocurrency.
Example: If you hold Ethereum, you might receive tokens from a new Ethereum-based project.Bounty AirDrop:Users must complete certain tasks to receive tokens. Tasks can include promoting the project on social media, joining community groups, or referring friends.
Example: Completing a survey, writing a blog post, or sharing content on social media.Exclusive AirDrop:Tokens are distributed to a select group of people, often early supporters or loyal community members.
Example: Rewarding participants of an early ICO (Initial Coin Offering) or users who have been active in the project’s community.Holder AirDrop:Tokens are given to holders of a specific cryptocurrency in proportion to their holdings.
Example: Holding a certain amount of a cryptocurrency like Bitcoin or Ethereum might qualify you for an AirDrop of a new token.Fork AirDrop:Occurs when a blockchain splits into two, and holders of the original coin receive an equal amount of the new coin.
Example: Bitcoin holders received Bitcoin Cash during the Bitcoin fork in 2017.
Examples of Past AirDrops
Uniswap (UNI):In September 2020, Uniswap distributed 400 UNI tokens to anyone who had used their platform before a certain date. This was worth several thousand dollars at the time.Stellar Lumens (XLM):Stellar conducted multiple AirDrops, one of the most notable being their 2018 giveaway of $125 million worth of XLM to Blockchain wallet users.Bitcoin Cash (BCH):When Bitcoin forked in 2017, all Bitcoin holders received an equal amount of Bitcoin Cash.
Strategies for Finding and Participating in New AirDrops
Follow Social Media and News:Follow cryptocurrency projects, influencers, and news platforms on social media platforms like Twitter, Telegram, and Reddit.
Join relevant forums and groups where AirDrops are often discussed.Use Airdrop Aggregator Websites:Websites like AirdropAlert, AirdropAddict, and AirdropKing list upcoming and ongoing Airdrops, providing details on how to participate.Subscribe to Newsletters:Many Airdrop websites and cryptocurrency news platforms offer newsletters that provide updates on new AirDrops.Participate in ICOs and New Projects:Early involvement in new ICOs or projects can often lead to exclusive Airdrops.Hold Popular Cryptocurrencies:Holding major cryptocurrencies like Bitcoin or Ethereum can sometimes make you eligible for AirDrops from new projects built on their blockchains.Engage with Projects:Active participation in a project’s community can lead to exclusive Airdrops. This includes joining their Discord or Telegram groups, participating in discussions, and contributing to their development.
By staying informed and actively engaging in the cryptocurrency community, you can take advantage of Airdrops and potentially benefit from receiving new tokens or coins.
In essence, an Airdrop is like a free sample giveaway in the cryptocurrency world, aimed at attracting more users and increasing the adoption of a new digital asset.
#guide #airdrop #AirdropGuide #crypto
Combined Take Profit / Stop Loss Order (OCO)
I discovered way too late that Binance has its own order type to create a proper "Take Profit / Stop Loss order" and have always used other trading apps via the Binance API for that purpose. Some of these were even paid if they were any good.
So, I'd like to briefly introduce this to you!
OCO = "One cancels the other" Order
Take Profit Part:
1. A normal Limit Order is created at this value. If BNB reaches 599, it will be sold for 599. Triggering this will cancel the stop loss Part automaticly.
Stop Loss Part:
2. Here, it is defined when (in our case at 550) the Stop Loss Part is activated, and the Limit Order for the Take Profit Part is cancelled.
3. Immediately after that, a Limit Order for 525 is automatically created.
4. Enter the quantity of coins you want to sell here.
So, if BNB now rises to 599, the coin will be sold for 599; if it falls below 550, the coin will be sold at 525.
Now you have both a Take Profit and a Stop Loss Order for the same coin, and you don't have to worry about missing the exit while you're away, in both directions!
I hope this helps you; I only knew it as TP/SL before and not as OCO, which is why I overlooked it for so long at Binance and missed it a lot.
#oco #TakeProfits #StopLossStrategies $BNB #guide #Tutorial
So, I'd like to briefly introduce this to you!
OCO = "One cancels the other" Order
Take Profit Part:
1. A normal Limit Order is created at this value. If BNB reaches 599, it will be sold for 599. Triggering this will cancel the stop loss Part automaticly.
Stop Loss Part:
2. Here, it is defined when (in our case at 550) the Stop Loss Part is activated, and the Limit Order for the Take Profit Part is cancelled.
3. Immediately after that, a Limit Order for 525 is automatically created.
4. Enter the quantity of coins you want to sell here.
So, if BNB now rises to 599, the coin will be sold for 599; if it falls below 550, the coin will be sold at 525.
Now you have both a Take Profit and a Stop Loss Order for the same coin, and you don't have to worry about missing the exit while you're away, in both directions!
I hope this helps you; I only knew it as TP/SL before and not as OCO, which is why I overlooked it for so long at Binance and missed it a lot.
#oco #TakeProfits #StopLossStrategies $BNB #guide #Tutorial
How To Unlock Crypto Riches: 5 Pro Tips for Explosive Portfolio Growth!
Hey Bulls ✨
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#BTC #Cryptocurrrency #guide #BullRunAdvice #BullRun2024.
Hey Bulls ✨
Ready to turbocharge your crypto journey? Buckle up for a ride into the realms of explosive portfolio growth! 🚀📈
1. Strategic Entry Points: Master the art of timing. Identify opportunities during market dips for strategic entries. Buy the dip, they say! 💫
2. Diamond-Hands Discipline: HODL like a pro. Embrace the diamond-hands mentality. Patience pays off in the volatile crypto galaxy. 💎
3. Uncover Hidden Gems: Dive deep into projects with solid fundamentals. Seek innovation, strong teams, and a roadmap that aligns with your vision. 🔍
4. Diversification Magic: Spread your crypto wings! Diversify across different projects and sectors to mitigate risk and maximize potential gains. 🌈
5. Staying Informed: Knowledge is your superpower. Stay updated on market trends, new projects, and evolving technologies. The informed investor is the empowered investor. 📚
Ready to transform your crypto portfolio into a rocket headed for the moon? 🚀💼 Hit that like&follow button if you're ready to elevate your crypto journey!
#BTC #Cryptocurrrency #guide #BullRunAdvice #BullRun2024.