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Kelukelesha
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$BTC Avoid Excessive Leverage: While high leverage might raise profitability, it also increases risk. I recommend keeping it under 5x. Spot trading is more steady. ⏳ Think Long-Term: Short-term rewards are appealing, but long-term investments are more sustainable. Open only 1-2 positions every week and wait for good opportunities.
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#NFPCryptoImpact #NFPCryptoImpact The Non-Farm Payroll (NFP) data, which tracks job growth in the United States but excludes agricultural workers, has a significant impact on the cryptocurrency market. When the NFP report reveals significant job growth, it frequently enhances investor confidence in the US economy, resulting in a higher dollar. As investors shift their focus to more traditional assets, bitcoin prices may fall. Conversely, if the NFP data shows weak employment growth or job losses, it may reflect economic instability, pushing investors to seek safe-haven assets such as cryptocurrencies, potentially driving up their values. The market's reaction to NFP data emphasizes the cryptocurrency market's complexity and unpredictability, stressing the importance of careful analysis and monitoring of economic factors for forecasting price changes. Understanding the relationship between NFP data and cryptocurrency prices might help investors make better judgments and navigate market volatility more successfully.
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#OnChainLendingSurge #OnChainLendingSurge OnChainLendingSurge On-chain lending market hits record highs According to PANews, recent data from Token Terminal indicates that total active loans in the on-chain lending market have reached an all-time high, surpassing $20 billion. The previous record was set in December 2021. Disclaimer: Includes opinions from third parties. Not financial advice. May contain sponsored content. See terms and conditions.
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#CryptoMarketDip #CryptoMarketDip We had 10% correction at this start of week! Its all over ? No, the market are made of ups and downs! Why the drop happend? Factors as price rejection, too many high leverage entrys on futures! Example: there are 2 billions on longs and 200 millions at short entry! Market sentiment can make the prices drop for liquidate the 2 billions at high leverages! Market are always searching for liquidity! Thats why its important to use low leverage and always use stop loss.
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#BinanceMegadropSolv #BinanceMegadropSolv If you stake 1 $BNB in locked products for megadrop for 120 days and also complete web3 task you will get 695 points in megadrop. Binance just announced a new megadrop after 7 months the last megadrop was lista coin and now it's Solv protocol, it's very much similar to Bouncebit Megadrop where we have to stake 0.0001 BTCB in solv we have to do the same and also stake bnb in locked products to get the points.
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