Welcome to our masterpiece article where you'll get to learn the most profitable strategies in the Crypto trading being it a beginner 🔰 or professional .
What is Crypto trading 🤔?
This is simply the buying and selling of Cryptocurrencies on an exchange 💱 for profit making either in a long run or short run.
There are hundreds of Cryptocurrencies being traded daily on popular exchanges such as Binance 💛, Bybit,Okx and more.
Before trading Crypto currency 💵, you need to have a strategy of your own so as to be profitable in the market.Below are some strategies
Popular Trading Strategies
1) Dollar-Cost Averaging (DCA)

DCA is an investment strategy where an individual purchases a fixed amount of an asset such as cryptocurrency at regular intervals over a period of time. This strategy is the perfect example of the Buy and Holding method.
Buy and Hold Strategy
Buy and Hold - 'HODling'
• Long term passive play
• Buy,hold,and forget
• Ignores short term fluctuations
• Requires patience
2) Range Trading

This type of trading refers to the fluctuation of a cryptocurrency's price within a specific high and low boundary
• Understanding and utilizing ranges can help traders identify potential entry ⛔ and exit points for their trades
• Trading ranges can be a useful tool in a trader's arsenal, offering opportunities in both range-bound and trending markets
3) Arbitrage Trading

Arbitrage is a trading strategy used to profit from differences in prices of securities or products in different markets.
NB: This practice involves buying a security or product in one market and selling it in another market where prices are higher.
4) Scalping
As they are normally referred to as "The Thieves in the market". This is a strategy whereby traders focuses more on the small fluctuations of price movements in the market.
'scalpers' usually trade...
• Small fluctuations in price
• In large quantities
• In minutes and seconds
• "The spread"
5) Swing Trading
In this trading strategy, positions are held anywhere from a few days up to several months.
Goal: Identify undervalued assets & profit from larger 'swings' in their prices
Swing trading:
• Requires less time investment
• More suitable for beginners
• Uses both technical and fundamental analysis.
6) Momentum Trading
Here,there is a constant availability of trading opportunities.
Momentum traders always watch out for the:
• Trend 📉📈 line break
• Chart 📉📈 pattern break
• Fractal indicator break
• Break of the top or bottom
• Break of the high or low
This strategy deals with more of the trends and trendlines of a particular market at a given time .
#CryptoTradingGuide
Thanks for reading till the end and please make sure you DYOR and have developed your own suitable strategy before embarking on a trade 💛.

What Is a Crypto Airdrop?
A crypto airdrop is a marketing strategy where Web3 startups directly deposit digital tokens into the wallets of active blockchain community members as a gift.
° Airdrops became known in early 2010s
Just as how we get a surprise birthday present 🎁 mailed to us, In an airdrop,you would open your wallet and the airdropped item would magically be there.
These public campaigns( Airdrops) are designed to increase awareness about a startup company's platform or product and encourage widespread adoption of it's native token.
"This is often an exciting way to launch a network" said Winston Robson, co-founder and CEO of metaverse marketplace WeMeta. Adding that airdrops can be used strategically to target likely early adopters.

What is the point of a Crypto Airdrop?
The goal of an airdrop is to grow a platform's user base in a way that doesn't encourage a big sell-off by token recipients.
Take on: Crypto Airdrops are a great way we help new projects standout and increase awareness rapidly.
Since airdrops can target 🎯 early supporters, existing members or highly engaged users of a project, developers need to figure out which route will attract the audience that can contribute most to the project at it's unique stage and how to best incentivize the public to want to learn more...
The goal of an airdrop is to give long-term value to people who receive the airdrop. They are often the ideal audience and are more likely to contribute to the project after learning about it via the airdrop.
Types of Crypto Airdrops.
Crypto projects vary in their preferred choice of Airdrops, depending on their end game.
Some may be implementing this promotional tool to bring together a community following a hard fork in a network, while others would rather focus on marketing first time users feel taken care of.
1) Standard Airdrops
In a standard airdrop,no taks are required aside from signing up for an account. The key factor here is to get in quick,as there may only be a certain supply of tokens tied to the release of a new project,doled out on a first come first serve basis. Example includes the Decentralized exchange such as RabbitX which used standard airdrops to reward new users who sign up for its platform.
2) Bounty Airdrops
These service-oriented airdrops are sustained by small favors and voluntary legwork done by recipients, typically companies require some low-lift promotional work,with rewards handed out to those willing to signup for a newsletter, follow specified social media channels across platforms, interact with a project in recent post or simply logon to a live forum.
3) Holder Airdrops
This type of airdrop rewards users who are holding or have accumulated,a certain amount of tokens at the time of the promotion. This is determined by a community wide snapshot taken at a certain point in time of user wallets which can occur on a specific date or during a set time span . What ever the reward it's gifted to those who have met or exceeded a threshold amount.
4) Exclusive Airdrops
Wallet size isn't everything.Exclusive airdrops often reward a users time logged on a project,money spent on non-token activity or level of engagement within a forum.Exclusive airdrops reach those with empty wallets and deeper extra-curricular investment in a project. A famous example includes Uniswap’s generous airdrop of 400 UNI tokens to each of its long-standing users, regardless of holding status.
5) Raffle Airdrops
If a startup announces a fixed number of rewards but receives an overwhelming response, it may choose to implement a lottery mechanism to deliberate the winners selected at random, dubbed a raffle airdrop. This option can also be utilized as an add-on to any of the previous airdrop methods. Gaming platforms Revv, Wolf Game and Phantom Galaxies all recently gave out $500 worth of their native coins to 100 lucky winners.
How Do Crypto Airdrops Work?
Once a startup decides that an airdrop is the way to go, the first step toward making it happen is to launch a public campaign. Most commonly, widespread outreach is achieved across forums and social media platforms such as Discord and Twitter. Ideally, the news energizes commotion around a platform’s debut or a newly launched feature — as well as the size of the prize.
Notable Crypto Airdrops
Crypto airdrops debuted through the Auroracoin project in 2014. Since then, they’ve grown in scale and have been used by some of the biggest names in crypto. These are just a few airdrops that brought awareness to the practice and left an impact on the crypto industry.
Notable Crypto Airdrops includes
° Bitcoin Cash
° Stellar
° Uniswap
Pros and Cons of Crypto Airdrops
Crypto Airdrop Pros
Fast and Instant
Since they’re built to appear in users’ wallets automatically, crypto airdrops make for a quick and instantaneous solution to make users informed of a new project. This is all with no prior action necessary from recipients and are self-executed thanks to smart contracts.

Low-Cost Marketing
Free products, especially when distributed at specific times, events or to enough users, will get buzz of a project going quickly. Recipients may be naturally inclined to learn more about the token and affiliated project, and discuss these stakes with other curious recipients or crypto exchange users.

Establishes Loyalty and Userbase
Airdrop tokens could increase in value over time, providing long-term incentive for early recipients who stick around with the project. As value rises, this may even give reason for users to buy, sell and trade additional tokens with others and subsequently grow a project’s userbase.
Crypto Airdrop Cons
Tokens Are Finite
The amount of tokens a project will be able to distribute will depend on each project’s budget and goals. While too few airdrops could mean publicity remains low for the project, too many airdrops could lead to it running out of tokens completely.

Loyalty Isn’t Guaranteed
Upon receiving airdrops, some users may immediately decide to sell their tokens for profit and not engage further with the project. Even with enough airdrop distribution, a project may not be able to properly lift off from low engagement.

Airdrops May Decrease Token Value
If a majority of airdrop recipients decide to sell their tokens in a certain timeframe, this can cause a project’s tokens to significantly drop in value. This instance will not only hurt current investors, but also the project and its brand as a business.
Crypto Airdrop Risks and How to Avoid Them
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What Is a Crypto Airdrop?
Some Web3 startups hand out free tokens to stoke excitement and draw new users.

Brooke Becher
Written by Brooke Becher
What Is a Crypto Airdrop?
Image: Shutterstock / Built In
UPDATED BY
Hal Koss | Mar 14, 2024
Airdrops became all the rage in the early 2010s as would-be trolls explored the possibilities of sending unsolicited photos to unwitting passersby. Now, in the world of fintech, a similar strategy is used to stir up excitement around freshly launched cryptocurrency projects and build platform awareness — a marketing tactic commonly referred to as crypto airdrops.

What Is a Crypto Airdrop?
A crypto airdrop is a marketing strategy where Web3 startups directly deposit digital tokens into the wallets of active blockchain community members as a gift.
“In an airdrop, you would open your crypto wallet and the airdropped item would magically be there,” said Gregory Keogh, SVP of customer success at Curios, a white-label NFT marketplace. “It is very similar to having a surprise birthday present mailed to your house.”

What Is a Crypto Airdrop?
A crypto airdrop is a marketing strategy used by blockchain-based projects that involves divvying out free tokens en masse as part of a broader promotional initiative. This is done as a direct deposit into a user’s crypto wallet.

At the intersection of blockchain and guerilla marketing, these public campaigns are designed to increase awareness about a startup company’s platform or product and encourage widespread adoption of its native token.

“This is often an exciting way to launch a network,” said Winston Robson, co-founder and CEO of metaverse marketplace WeMeta, adding that airdrops can be used strategically to target likely early adopters.

For example, NFT marketplace LooksRare airdropped its token to users who had completed transactions via OpenSea, the leading platform in this sector.

This stunt generated a lot of chatter in the community, Robson said, but did not pose LooksRare as a long-term sustainable competitor to OpenSea. While many were excited by the large prize amount, and some — Robson included — used the opportunity to cash out, there was a change of tune when the founding developers had the same idea. (According to Cointelegraph, the core team withdrew an estimated $30 million at the time.) Even though the developers denied accusations of a rug pull, this spooked investors, tanking the native token’s value by 15 percent in the aftermath.

Although crypto airdrops are commonly employed to promote new projects, some existing projects use airdrops to reward longtime community members, Robson said. The 2021 Ethereum Name Service airdrop, for example, awarded tokens to existing ENS domain holders based on a formula determined in part by how long their domains had existed.

MORE ON CRYPTO WALLETS:
20 Best Crypto Wallets to Know

What Is the Point of a Crypto Airdrop?
As a crypto marketing agency founder, Tim Haldorson helps businesses launch airdrops from scratch. Ultimately, the goal is to grow a platform’s user base in a way that doesn’t encourage a big sell-off by token recipients.

“Crypto airdrops are a great way we help new projects stand out and increase awareness rapidly,” Haldorson, who is CEO of Lunar Strategy said, noting that there’s a trick to curbing users from flipping coins.

Since airdrops can target early supporters, existing members or highly engaged users of a project, developers need to figure out which route will attract the audience that can contribute most to the project at its unique stage and how to best incentivize the public to want to learn more.

“The goal with an airdrop is to give long-term value to the people who receive the airdrop,” Haldorson said, noting that a common strategy within the DeFi space is to airdrop tokens to users holding crypto from competing platforms doing similar things. They are often the ideal audience and are more likely to contribute to the project after learning about it via the airdrop, he explained.

“However, [a substantial growth in users] only follows projects with a strong team behind it and a clear vision forward.”

Types of Crypto Airdrops
Crypto projects vary in their preferred choice of airdrop, depending on their end game. Some may be implementing this promotional tool to bring together a community following a hard fork in a network, while others would rather focus on making first-time users feel taken care of. It could also simply be a response to highly competitive market conditions. Luckily, there’s a variety of techniques to parachute guaranteed goods into a user’s virtual estate.

Standard Airdrop
In a standard airdrop, no tasks are required aside from signing up for an account. The key here is to get in quick, as there may only be a certain supply of tokens tied to the release of a new project, doled out on a first-come-first-serve basis. The decentralized exchange RabbitX has used standard airdrops to reward new users who sign up for its platform.

Bounty Airdrop
These service-oriented airdrops are sustained by small favors and voluntary legwork done by recipients. Typically, companies require some low-lift promotional work, with rewards handed out to those willing to sign up for a newsletter, follow specified social media channels across platforms, interact with a project’s recent post or simply log on to a live forum. Foodie NFT platform One Rare listed a nine-step to-do list for eligibility in a $75,000 giveaway, which included following the company’s accounts across social media, tagging friends and adding accounts on a watchlist.

Holder Airdrop
This type of airdrop rewards users who are ‘holding,’ or have accumulated, a certain amount of tokens at the time of the promotion. This is determined by a community-wide snapshot taken at a certain point in time of user wallets, which can occur on a specific date or during a set time span. Whatever the reward, it’s gifted to those who have met or exceeded a threshold amount. NFT-to-token swap platform Sudoswap has yet to launch its own governance token, to be named SUDO. When it does, those holding NFTs of its sister application, Oxmon, or OXMON tokens will be on the receiving end of the first batch.

Hard Fork Airdrop
When a protocol branches off or hard forks from its original code, splitting into two separate platforms, developers airdrop the new coins as a crumb trail to convert native users. An example of a hard fork airdrop would be ETHPoW, a proof-of-work chain going separate ways with Ethereum since it transitioned to a proof-of-stake system in an event known as The Merge. Like holder airdrops, these simply require users to hold the original token.

Exclusive Airdrop
Wallet size isn’t everything. Exclusive airdrops often reward a user’s time logged on a project, money spent on non-token activity or level of engagement within a forum. Exclusive airdrops reach those with empty wallets and deeper extra-curricular investment in a project. A famous example includes Uniswap’s generous airdrop of 400 UNI tokens to each of its long-standing users, regardless of holding status.

Raffle Airdrop
If a startup announces a fixed number of rewards but receives an overwhelming response, it may choose to implement a lottery mechanism to deliberate the winners selected at random, dubbed a raffle airdrop. This option can also be utilized as an add-on to any of the previous airdrop methods. Gaming platforms Revv, Wolf Game and Phantom Galaxies all recently gave out $500 worth of their native coins to 100 lucky winners.

How Do Crypto Airdrops Work?
Once a startup decides that an airdrop is the way to go, the first step toward making it happen is to launch a public campaign. Most commonly, widespread outreach is achieved across forums and social media platforms such as Discord and Twitter. Ideally, the news energizes commotion around a platform’s debut or a newly launched feature — as well as the size of the prize.

As the campaign picks up traction, companies compile a list of potential token recipients. This can be done in different ways, such as collecting the wallet addresses of interested parties or snapping a screenshot at a set point in time to qualify a users’ eligibility by specified, metric-based criteria. If an airdrop is specified to users of a platform prior to September, for example, then the screenshot would include the wallet addresses of active users from that designated timeframe.

Sometimes companies gather additional information, like an email address, at this stage — especially if the company hosting the airdrop is seeking to expand its contact list.

After determining a batch of recipients, companies typically facilitate the airdrop through a smart contract, or a self-executing program that automates transactions. This program transfers tokens from the company’s treasury wallet and distributes it to select participants, with no action required on the recipient’s end. At this stage, companies typically publish their transaction block results to further promote the project and prove that the airdrop actually happened.

MORE ON RISKY AIRDROP ACTIVITY:
8 Ways to Avoid 7 NFT Scams

Notable Crypto Airdrops
Crypto airdrops debuted through the Auroracoin project in 2014. Since then, they’ve grown in scale and have been used by some of the biggest names in crypto. These are just a few airdrops that brought awareness to the practice and left an impact on the crypto industry.

Notable Crypto Airdrops
Bitcoin Cash
Stellar
Uniswap

1) Bitcoin Cash
As a result of its branch from Bitcoin, Bitcoin Cash distributed a hard fork airdrop in August 2017. Bitcoin Cash was one of the first major forks in the bitcoin network, guaranteeing users 1 Bitcoin Cash (BCH) for each bitcoin (BTC) owned. At the airdrop’s peak, BCH was valued at over $4,300 in December 2017.
2)Stellar
Noted as one of the largest crypto airdrops of all time, Stellar partnered with Blockchain.com to airdrop $125 million worth of Stellar lumens (XLM) to Blockchain Wallet users beginning in November 2018. Stellar became Blockchain.com’s first airdrop partner following the rollout of the Blockchain Airdrops program in October 2018. Blockchain.com distributed the airdrop in an effort for users to try out crypto attached to the new program and increase wallet usage.
3)Uniswap
Uniswap rewarded over 250,000 early users of its exchange platform with an airdrop of Uniswap tokens (UNI) in September 2020. Those who had made at least one transaction on the platform prior to that September were eligible for the airdrop, with recipients gaining at least 400 UNI. Two days following the airdrop, the value of UNI increased by 160 percent, gaining the token attention during its airdrop window.
Pros and Cons of Crypto Airdrops
Crypto Airdrop Pros
Fast and Instant
Since they’re built to appear in users’ wallets automatically, crypto airdrops make for a quick and instantaneous solution to make users informed of a new project. This is all with no prior action necessary from recipients and are self-executed thanks to smart contracts.
Low-Cost Marketing
Free products, especially when distributed at specific times, events or to enough users, will get buzz of a project going quickly. Recipients may be naturally inclined to learn more about the token and affiliated project, and discuss these stakes with other curious recipients or crypto exchange users.
Establishes Loyalty and Userbase
Airdrop tokens could increase in value over time, providing long-term incentive for early recipients who stick around with the project. As value rises, this may even give reason for users to buy, sell and trade additional tokens with others and subsequently grow a project’s userbase.
Crypto Airdrop Cons
Tokens Are Finite
The amount of tokens a project will be able to distribute will depend on each project’s budget and goals. While too few airdrops could mean publicity remains low for the project, too many airdrops could lead to it running out of tokens completely.

Loyalty Isn’t Guaranteed
Upon receiving airdrops, some users may immediately decide to sell their tokens for profit and not engage further with the project. Even with enough airdrop distribution, a project may not be able to properly lift off from low engagement.

Airdrops May Decrease Token Value
If a majority of airdrop recipients decide to sell their tokens in a certain timeframe, this can cause a project’s tokens to significantly drop in value. This instance will not only hurt current investors, but also the project and its brand as a business.
Crypto Airdrop Risks and How to Avoid Them
The general too-good-to-be-true principle that comes with free company offerings still applies for crypto airdrops. Here’s some of the common risks to know about participating in crypto airdrop campaigns.
Fake Crypto Airdrops and Phishing Scams
A fake crypto airdrop tends to look like a token or multiple with a large monetary value, either dropped into a wallet without notice or able to be “claimed” by inputting wallet information into a third-party site. These types of airdrop scams can be from brand impersonators, or even from other users on crypto exchanges.
Scammers have been known to collect information under the guise of faux-airdrops to gain access to wallets, stealing crypto and private keys.
How to Avoid
Do your own research on an airdrops’ source before engaging with any sudden tokens. “If you have a crypto wallet and notice any new NFTs or crypto in there, it’s generally best to not interact with those if you do not know where they came from,” Keogh explained. “Malicious airdrops can take over your wallet if you interact with their smart contract to transfer them out or to try and sell them on a marketplace.”
Rug Pull Scams
In a rug pull scam, a Web3 startup may offer crypto airdrops to prospective investors and make promises on long-term value or perks for those who buy more tokens — though with no real follow-up or intent to keep the project. Instead, investors may see a quick drop in value on their tokens as the startup is abandoned, and left with wasted investment.

How to Avoid
If a startup provides crypto airdrops, check its on-chain security measures, token fee policies and project goals before making any further token investments. Be aware of any code issues in token smart contracts, non-transparent trading or selling fees or a lack of product outline overall from these entities.
#AirdropGuide

INTRODUCTION TO BINANCE P2P:
WHAT IS BINANCE P2P?
P2P marketplaces like Binance p2p enables users to directly trade crypto with one another using their preferred payment method and local currency.
° REASONS WHY P2P IS THE BEST WAY TO BUY YOUR BITCOIN AS A BEGINNER 🔰
-> There are so many advantages of trading on Binance p2p 👇
1) LIVE TRADE CHAT:
Love trade chat helps you to be sure of the transaction you're about making at the moment
NB: Helps in resolving potential transaction issues

2) ZERO FEES: Binance p2p helps you trade with zero fees ,oh yeah sounds great 😃

3) MULTIPLE PAYMENT METHODS:
Binance p2p offers more than 300 different payment methods and more than 70 local currencies.
4) CUSTOMER SUPPORT:
If you encounter a problem with your p2p trading counterparty, you can quickly seek assistance from Binance's customer support team,that will keep you on a safe side.

5) ESCROW SERVICE:
The escrow service ensures safety 🦺 and fair trading on Binance p2p

SO HOW DO BUY USING P2P?
Firstly
1) login into your Binance application,locate the P2P icon

2) The p2p marketplace will open and what you'll need to do is change the current currency into your local currency 💵
XAF is my local currency 💵 so you should change that to your own local currency so you can trade with your local p2p merchants
3) Choose a payment method: you'll need a payment method that corresponds with your local bank app or Mobile money 💰
As you can see these are the payment methods available in my region
4) Input Amount: it's always good 😊 to write in the amount you either want to buy or sell for easy and clear transactions
After filling in the amount, you choose the merchant you want to trade with and click on BUY/SELL
NB: Always look at their numbers of trades,limits and completion rate % to know their legitimacy
5) After clicking on BUY/SELL
an interface like this will pop up, remember the merchant has a limit so fill in the amount you wanna BUY/SELL again either in fiat(local currency) or in Crypto then proceed with the BUY/SELL.
6) Another interface will pop up which is where you'll have to collect the details of the merchant to make payments depending on your agreements
But now you'll have to do a LIVE TRADE CHAT with the merchant to be sure of your transaction with the merchant,he/she might demand for your payment details that's if you're selling so he makes deposit OR give you a payment details so you pay him if you're buying from him.
--> When buying, click on notify buyer to notify them and leave the Binance app to make deposit using your local app then after transferring money to the merchant,come back to the Binance app and click TRANSFERRED AND NOTIFY BUYER
when he confirms the transaction he will release your coins ✅✅✅
--> when selling drop your payment details if you need to but if not you can let them pay automatically to the one at default when you set your payment method earlier
When he makes payments, leave your Binance app and open your local app to confirm payments and if it's confirmed 👍 then click on PAYMENT RECEIVED to release your sold coins to the merchant ✅✅✅

NB: press TRANSFERRED AND NOTIFY BUYER only if you've made payments
- Do not RELEASE coins if you haven't received cash

Thanks for ready STAY SAFE,TRADE SAFE

Binance Coin exploded above $700 for the first time ever.
THIS COIN ACTUALLY FEATURED ON MY LIST OF COINS TO BUY FOR JUNE

The native token of the world’s largest cryptocurrency exchange has somewhat been on the sidelines during the 2024 bull run, but has finally managed to emerge as a top performer by soaring past $700 and tapping a new all-time high.

Its market cap has gone on a tear as well, exceeding $100 billion and surpassing companies like UBS, Dell, Starbucks and others.

Binance has been in a legal spat in several jurisdictions, with the most recent and active one against Nigerian authorities. Local company execs were detained while the company is trying to free them, which is not going well for now.

#StartInvestingInCrypto #BnbAth