Why is it important to have multiple options and more than one cryptocurrency card?
Hello, our dear friend 💛
Because the reasons are multiple and the risks are also diverse. To reduce these risks and the reasons that make it difficult to withdraw profits
💡 Here are the reasons from practical experience:
1. Reducing fees. Not all cards are uniform in terms of fees for purchases or cash withdrawals, as well as issuance fees 2. Reducing the risk of these cards being stopped or banned for any future reason. 3. Increase your daily/monthly limits for cash withdrawals and purchases 4. Risks of network disruption 5. Obtaining necessary additional benefits such as offers and discounts through a network of online stores and commercial stores 6. Increasing the number of digital currencies accepted in transfers to and from the digital wallet
💡 Conclusion: The more options you have, the less risks and costs.
🌟The average fee for withdrawing balances and profits for each transaction from digital currency trading platforms to your bank account is 5-7%, including the exchange rate difference and fees other than the long transfer period. 🌟The average withdrawal of profits to a digital currency wallet is between 3.5-5%, including the exchange rate difference, fees, and the transfer period from minutes to 24 hours.
🎁 A gift in the pinned post on our Twitter account @dbl2080
📌Which is better, platform bots or external bots? 👈 Trading bots can be provided by the trading platforms themselves or by external companies specialized in developing these bots. Each option has its benefits and drawbacks that you should take into consideration before making a decision. 🌟 Trading bots provided by trading platforms Benefits: 1. Seamless Integration: Bots integrated with the platform are usually seamlessly integrated, making them easier to set up and use.
Many times you need to clear your mind, by restarting, and this is done through meditation.
💡 Make sure to take meditation doses that help you renew your activity, choose strategies, and develop different tactical procedures for better results.
🌟 Among the most important advantages of trading bots:-
1. Hunting bottoms and tops 2. Withdraw profits without having to stop the bot 3. Stopping the bot without the need to sell to modify the strategy or increase the quantities 4. Achieve recurring profits in every down and up
💡 Do not waste the current opportunities, as they may not be repeated until after a while. Start with the deals that suit your goals. The important thing is to start today.
👈 You can choose any of the deals published through the Stay Smart community via Telegram dbl2080 (Small size, medium size and large size) in line with your financial goals, investment period, and risk tolerance.
💡Quiet Saturday mornings are excellent opportunities for a weekly review of all your personal goals of all kinds.
Remember: Reviewing the goal chart through checkpoints in order to test any new tactics and continuous improvement is one of the most important behaviors common to great achievers 😉
📌 What do you know about the whales of the financial markets! How do you deal with their movements?
“Financial market whales” is a term used to describe large traders or large financial institutions that hold huge amounts of assets and can move the financial markets thanks to their large volume of investments. These entities often follow special rules and strategies that can significantly influence market trends and prices.
How to play with the whales of the financial markets
Hello again, our dear friend 💛
Here's an explanation of some of the rules of play from the whales of the financial markets:
1. Accumulation and Distribution Accumulation: Purchasing large amounts of assets gradually without significantly raising prices. Whales do this to avoid attracting the market's attention. - Distribution: Selling assets gradually after prices rise to make a profit, again without significant impact on the market.
Hello our dear friend 💛 We have previously talked about how and the most important criteria for choosing a master trader Now I know how to choose the main trader whose trading I want to copy. Determining whether spot trading or spot trading is better for trading trades using spot trading bots depends on many factors, including your level of experience, investment goals, and personal preferences. Here is a comparison between the two options:
Hello our dear friend 💛 When analyzing the performance of a master trader to choose the right person to copy his trades, a set of criteria must be considered that reflects the quality and efficiency of his trades. Here are the most important standards:
1. Historical performance: - Total Return: Monitor the percentage of total returns achieved by the trader over a specific period of time.
Yes, spot copy trading can be profitable, but it comes with its risks as well.
Benefits: 1. Ease of access: It allows investors who do not have much trading experience to benefit from the expertise of professional traders. 2. Learning: It can help you learn different trading strategies by observing the operations of professional traders. 3. Save time: reduces the need to spend long hours analyzing the markets and making decisions.
Risks: 1. Lack of control: Your success depends on the performance of the trader whose trades you are copying, and if that trader makes bad decisions, you may suffer losses. 2. Market volatility: Like any other type of trading, copy trading can be subject to significant market fluctuations, which may result in sudden losses. 3. Fees and Costs: Some copy trading platforms charge additional fees or costs, which can reduce your profits. 4. Relying on a platform: You may face risks related to the platform itself, such as service outages or technical problems.
It is always important that you conduct extensive research and understand the risks associated with any type of investment before you begin.
How to avoid the mistakes of a professional trader
Trading in the financial markets can be profitable, but it also involves significant risks. Whether you are a beginner or a professional, there are common mistakes that traders alike make. Here is a list of the most common of these mistakes and how to avoid them: Mistakes of novice traders 1. Lack of a trading plan: Mistake: Starting trading without a clear plan.
We previously talked about the difference between spot trading and spot trading using trading bots. If you have not read the topic, we suggest you read it
الفرق بين التداول الفوري والتداول عبر البوتات
Today we would like to talk about الفرق بين نسخ التداول الفوري و التداول الفوري باستخدام بوتات تداول
We suggest that you read it carefully so that you have a complete picture of the best trading tools and how to employ them to your advantage.