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#OrderTypes101 Set a stop-loss at $0.07 for $WCT to limit potential losses. If the price drops to $0.07, your $WCT WCTUSDT Perp 0.595 -49.12% will be automatically sold, minimizing your loss. This risk management strategy helps you: - Limit potential losses🔥 - Avoid emotional decision-making - Protect your investment portfolio By setting a stop-loss order, you can ensure that your losses are capped, and you can move on to other investment opportunities. #CEXvsDEX101
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after losses i keot trying treding but its loss everyday tell me what to do and what kinde of crypto to hold
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#CEXvsDEX101 Choosing between Centralized and Decentralized Exchanges is a key decision for any crypto trader. Each comes with trade-offs in terms of security, user experience, liquidity, and control. Knowing when to use which is an essential part of risk-aware trading. 💬 Your post can include: · In your experience, what are the pros and cons of CEXs vs DEXs? · Which do you prefer and in what situations? · What do you consider when choosing between a CEX and DEX? · What advice would you give to someone using a DEX for the first time? 👉 Create a post with #CEXvsDEX101 and share your insights to earn Binance points! (Press the “+” on the App homepage and click on Task Center)
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#TradingTypes101 1. Hammer Candle Appears at the end of a downtrend and indicates a potential reversal towards the upside. 2. Hanging Man Candle Similar to the Hammer but appears at the end of an uptrend, which may indicate a reversal towards the downside. 3. Doji Candle Indicates a state of indecision in the market, where the opening and closing prices are very close. 4. Bullish Engulfing Candle Consists of two candles, where the second bullish candle engulfs the body of the first bearish candle, indicating a potential price rise. 5. Bearish Engulfing Candle The opposite of the bullish engulfing, indicating a potential price drop. 6. Morning Star Pattern Consists of three candles and indicates a reversal from a downtrend to an uptrend. 7. Evening Star Pattern The opposite of the Morning Star, indicating a reversal from an uptrend to a downtrend.
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$BTC As global markets react to rising inflation data 📈 and continued geopolitical tensions, Bitcoin ($BTC) is once again proving its strength as a hedge and a volatile trading asset. While traditional markets waver, BTC just reclaimed the $69K mark, testing resistance zones and sending bullish signals across the board. 🔥 Many analysts are now eyeing a potential breakout above $70K, especially with ETF inflows increasing and whales accumulating. 🐋 If this momentum continues, we might be on the verge of a historic move before the Q3 earnings season begins.
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Ethereum(ETH) Surpasses 2,500 USDT with a Narrowed 0.75% Decrease in 24 Hours
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UK FCA Proposes Stablecoin Regulations to Enhance Consumer Protection
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