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Chet Allender jv5q
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Chet Allender jv5q
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Chet Allender jv5q
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Binance Red Pocket Quiz #BinanceEarnProgram
Binance Red Pocket Quiz
#BinanceEarnProgram
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Binance Academy
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Week 1 Red Packet Quiz from the Binance Academy Product Guides 👇
💬 What is the primary difference between spot trading and margin trading?
A) Spot trading involves the use of leverage, while margin trading does not.
B) Spot trading requires the full purchase of assets with immediate delivery, while margin trading allows borrowing funds for larger positions.
C) Spot trading only occurs in cryptocurrency markets, while margin trading occurs in all financial markets.
D) Spot trading relies on future contracts, while margin trading relies on current market prices.
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WillBTCBreak100KSoon
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$BTC Bitcoin is currently facing two significant resistance zones that could impact its upward momentum. The first major selling zone is around the $90,000 mark, which presents substantial selling pressure. However, an even stronger resistance level awaits at approximately $103,000, which I believe will be the heaviest hurdle for Bitcoin’s price to overcome. As we approach these critical levels, it’s essential to remain cautious. It’s always wise to secure profits incrementally rather than holding out for an ideal peak. Overconfidence and greed can be detrimental, as we saw in 2021 when many held onto their assets too long, hoping for even higher returns, only to face sudden drops when the market turned. The key is to approach this rally strategically, taking profits along the way to protect gains and avoid potential losses if the market shifts unexpectedly. #WillBTCBreak100KSoon
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