LearningExperience
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NEW TO CRYPTO? Don't trade big, learn to be BIG đ
Just like with everything in life, the crypto world also requires a learning curve. This means mistakes are inevitable, but they can come at a high cost. As with any other learning process, rushing increases the chances of errors, so take your timeâhurry slowly.
Month One â Introductory Workshop
Start with very small amounts. The goal is not perfection but to understand how the system works and how you respond to it. Take notes and observe trends.
Month Two â First Stage
Invest only what you can afford to lose. Consider this amount as much as you'd be willing to spend on a quality course. Youâre still in the learning phase! Pay attention to what others write and say, and observe whether theyâre correct. Donât be reckless and fall for the hypeâverify what they claim and then either a) continue following them or b) find someone else who knows what theyâre talking about.
Month Three â Second Stage
Based on what youâve learned in the first two months, make decisions that will test your knowledge. If youâve learned from your mistakes, you wonât repeat them, and youâre on the right track. By now, youâve also grasped the basic principles and realized that youâre not missing out on anything, as thereâs always something happening in the crypto worldâand there always will be.
Learning is an ongoing process, and they say you become a master after practicing and working at something for at least 10,000 hours.
Happy learning! đ
#LearningExperience #BeginnerTips #NewinCryptoWorld #2024WithBinance
Just like with everything in life, the crypto world also requires a learning curve. This means mistakes are inevitable, but they can come at a high cost. As with any other learning process, rushing increases the chances of errors, so take your timeâhurry slowly.
Month One â Introductory Workshop
Start with very small amounts. The goal is not perfection but to understand how the system works and how you respond to it. Take notes and observe trends.
Month Two â First Stage
Invest only what you can afford to lose. Consider this amount as much as you'd be willing to spend on a quality course. Youâre still in the learning phase! Pay attention to what others write and say, and observe whether theyâre correct. Donât be reckless and fall for the hypeâverify what they claim and then either a) continue following them or b) find someone else who knows what theyâre talking about.
Month Three â Second Stage
Based on what youâve learned in the first two months, make decisions that will test your knowledge. If youâve learned from your mistakes, you wonât repeat them, and youâre on the right track. By now, youâve also grasped the basic principles and realized that youâre not missing out on anything, as thereâs always something happening in the crypto worldâand there always will be.
Learning is an ongoing process, and they say you become a master after practicing and working at something for at least 10,000 hours.
Happy learning! đ
#LearningExperience #BeginnerTips #NewinCryptoWorld #2024WithBinance
Maintaining Psychological Resilience in Trading....
Trading, with its inherent highs and lows, is as much a psychological endeavor as it is a financial one. Maintaining psychological resilience is crucial for long-term success in the volatile world of trading. This article explores strategies to help traders stay mentally strong and focused.
Understanding the Psychological Demands of Trading
Trading can be an emotional rollercoaster, with rapid market changes leading to stress and anxiety. Recognizing the psychological challenges, including fear of loss and the thrill of winning, is the first step in managing them effectively.
2. Developing a Trading Plan
A well-thought-out trading plan is a trader's roadmap. It should include:
Risk Management Strategies: Define your risk tolerance and stick to it.
Clear Entry and Exit Points: Know when to enter and when to exit a trade to avoid impulsive decisions.Consistent Routine: Establish a daily routine to bring structure to your trading activity.
Keeping Emotions in Check
Emotional discipline is key in trading. Techniques to manage emotions include:
Mindfulness and Meditation: These practices can help in staying calm and focused.
Journaling: Documenting your trades and emotions can offer insights into how your feelings impact your trading decisions.
The Importance of Breaks and Downtime
Regular breaks away from trading screens are essential. Downtime helps in:
Reducing Stress: Engaging in non-trading activities can provide mental relief.
Gaining Perspective: Stepping back can offer a clearer view of the bigger picture.
Continuous Learning and Adaptation
The trading world is dynamic. Continuous learning helps traders.
Stay Informed: Keeping up with market trends and news.
Adapt Strategies: Modifying strategies based on market changes and personal growth.
Seeking Support When Needed
Trading can be isolating, and seeking support is vital.
Join Trading Communities: Share experiences and learn from fellow traders.
Professional Help: Consider consulting a psychologist specializing in trading-related stress.
Celebrating Success and Learning from Failures
Acknowledging successes, no matter how small, and learning from failures are crucial for:
Building Confidence: Positive reinforcement from successes builds confidence.Resilience from Failures: Analyzing and learning from losses builds resilience.
Psychological resilience in trading is about more than just coping; it's about thriving in a challenging environment. By developing a sound trading plan, managing emotions, taking regular breaks, continuously learning, seeking support, and balancing wins and losses, traders can maintain their mental well-being and improve their performance. Remember, in trading, your mindset is as important as your method.
#HotTrends #LearnFromMistakes #LearnAndGrow #LearningExperience #BTC
$BTC $ETH $BOME
Understanding the Psychological Demands of Trading
Trading can be an emotional rollercoaster, with rapid market changes leading to stress and anxiety. Recognizing the psychological challenges, including fear of loss and the thrill of winning, is the first step in managing them effectively.
2. Developing a Trading Plan
A well-thought-out trading plan is a trader's roadmap. It should include:
Risk Management Strategies: Define your risk tolerance and stick to it.
Clear Entry and Exit Points: Know when to enter and when to exit a trade to avoid impulsive decisions.Consistent Routine: Establish a daily routine to bring structure to your trading activity.
Keeping Emotions in Check
Emotional discipline is key in trading. Techniques to manage emotions include:
Mindfulness and Meditation: These practices can help in staying calm and focused.
Journaling: Documenting your trades and emotions can offer insights into how your feelings impact your trading decisions.
The Importance of Breaks and Downtime
Regular breaks away from trading screens are essential. Downtime helps in:
Reducing Stress: Engaging in non-trading activities can provide mental relief.
Gaining Perspective: Stepping back can offer a clearer view of the bigger picture.
Continuous Learning and Adaptation
The trading world is dynamic. Continuous learning helps traders.
Stay Informed: Keeping up with market trends and news.
Adapt Strategies: Modifying strategies based on market changes and personal growth.
Seeking Support When Needed
Trading can be isolating, and seeking support is vital.
Join Trading Communities: Share experiences and learn from fellow traders.
Professional Help: Consider consulting a psychologist specializing in trading-related stress.
Celebrating Success and Learning from Failures
Acknowledging successes, no matter how small, and learning from failures are crucial for:
Building Confidence: Positive reinforcement from successes builds confidence.Resilience from Failures: Analyzing and learning from losses builds resilience.
Psychological resilience in trading is about more than just coping; it's about thriving in a challenging environment. By developing a sound trading plan, managing emotions, taking regular breaks, continuously learning, seeking support, and balancing wins and losses, traders can maintain their mental well-being and improve their performance. Remember, in trading, your mindset is as important as your method.
#HotTrends #LearnFromMistakes #LearnAndGrow #LearningExperience #BTC
$BTC $ETH $BOME
đđđ Rules you should follow.đđđ
1. If you can't stop staring at your position, cut it
2. Always take a break after every major profit or loss.
3. Let your brain adapt to your current financial status.
4. Learn from your mistakes. Otherwise, you will be stuck in a loop.
5. A kol doesn't have 2 brains. He is just like you, a human. So if he can do it, so can you.
6. Be easy on yourself. You were not born with a trading degree.
7. Never give up
#TrendingTopic #LearningExperience #WLD
1. If you can't stop staring at your position, cut it
2. Always take a break after every major profit or loss.
3. Let your brain adapt to your current financial status.
4. Learn from your mistakes. Otherwise, you will be stuck in a loop.
5. A kol doesn't have 2 brains. He is just like you, a human. So if he can do it, so can you.
6. Be easy on yourself. You were not born with a trading degree.
7. Never give up
#TrendingTopic #LearningExperience #WLD
How do I get rich in cryptocurrency fast?
Thereâs no denying that some cryptocurrency traders have become millionaires thanks to their successful investments. But most consumers view cryptocurrency as a speculative investment vehicle used to gain wealth very quickly, Crypto isn't a get-rich-quick scheme, It's a wealth-building tool.
I have even stumbled across questions where people also ask âcan you be a millionaire from crypto?â, in as much as a lot of cryptocurrency traders have emerged e millionaires, there are no guarantees that you'll become a millionaire, but if you invest in the right places and hold those investments for the long term, it's still possible to see significant returns.
In order to become successful in any field, including cryptocurrency investment, you need to gain knowledge. In this article, i will give some cryptocurrency investing tips that will help you become a more successful investor.
1.Stick to Cryptos That Serve a Purpose
There are literally thousands of cryptocurrencies you can trade, but many, if not most, of these wonât ever amount to anything. Although you may get lucky and make money trading any crypto, if youâre looking to build long-term wealth, youâll have to invest in cryptos that have staying power.
2.Day Trade
If youâre looking for the highest risk/reward option when trying to get rich and have good returns via cryptocurrency, consider day trading.
3.Understand the Crypto Language and Read Daily News
In order to become successful in any field, including cryptocurrency investment, you need to gain knowledge. You need to read books and articles and watch videos to increase your knowledge on various topics about it.
4.Staking Crypto
If youâre looking at cryptocurrency as an investment, then staking might be the best option for you. With Ethereum being the second largest cryptocurrency by market share, you can stand to earn a significant amount of passive income by staking your Ethereum on the network. Not only that, but youâll also earn the transaction fees which come along with sending Ethereum.
5.Buy and HODL
This is the most common way of earning money from cryptocurrencies. Most investors buy coins such as Bitcoin, Litecoin, Ethereum, Ripple, and more and wait until their value rise. Once their market prices rise, they sell at a profit.
Conclusion
So, Can you make money with cryptocurrency fast? Well, there, you now have your answer. You now have 5 ways of how to make money with cryptocurrency; try the ones that work for you and see their impact.
Was this brief article helpful? Have you learned something? If yes, then click on the Like icon , SHARE, drop a COMMENT and FOLLOW my profile for more interesting contents on finance and cryptocurrency related issues.
Thank you for reading.
$AVAX $BOME $IMX
#LearnFromMistakes #Learn2Write #learning #LearningExperience #TradeSmart"
@Grow Queen @Binance @Bitcoinworld
I have even stumbled across questions where people also ask âcan you be a millionaire from crypto?â, in as much as a lot of cryptocurrency traders have emerged e millionaires, there are no guarantees that you'll become a millionaire, but if you invest in the right places and hold those investments for the long term, it's still possible to see significant returns.
In order to become successful in any field, including cryptocurrency investment, you need to gain knowledge. In this article, i will give some cryptocurrency investing tips that will help you become a more successful investor.
1.Stick to Cryptos That Serve a Purpose
There are literally thousands of cryptocurrencies you can trade, but many, if not most, of these wonât ever amount to anything. Although you may get lucky and make money trading any crypto, if youâre looking to build long-term wealth, youâll have to invest in cryptos that have staying power.
2.Day Trade
If youâre looking for the highest risk/reward option when trying to get rich and have good returns via cryptocurrency, consider day trading.
3.Understand the Crypto Language and Read Daily News
In order to become successful in any field, including cryptocurrency investment, you need to gain knowledge. You need to read books and articles and watch videos to increase your knowledge on various topics about it.
4.Staking Crypto
If youâre looking at cryptocurrency as an investment, then staking might be the best option for you. With Ethereum being the second largest cryptocurrency by market share, you can stand to earn a significant amount of passive income by staking your Ethereum on the network. Not only that, but youâll also earn the transaction fees which come along with sending Ethereum.
5.Buy and HODL
This is the most common way of earning money from cryptocurrencies. Most investors buy coins such as Bitcoin, Litecoin, Ethereum, Ripple, and more and wait until their value rise. Once their market prices rise, they sell at a profit.
Conclusion
So, Can you make money with cryptocurrency fast? Well, there, you now have your answer. You now have 5 ways of how to make money with cryptocurrency; try the ones that work for you and see their impact.
Was this brief article helpful? Have you learned something? If yes, then click on the Like icon , SHARE, drop a COMMENT and FOLLOW my profile for more interesting contents on finance and cryptocurrency related issues.
Thank you for reading.
$AVAX $BOME $IMX
#LearnFromMistakes #Learn2Write #learning #LearningExperience #TradeSmart"
@Grow Queen @Binance @Bitcoinworld
đ My First Trade Experience! đ
Yesterday, I took my first step into the world of trading, and what an exhilarating journey it was! I decided to dip my toes into the market with 197 USDT, venturing into MLN coin. With a mix of excitement and nerves, I made my move, buying in at 30.33 USDT per coin. The initial thrill was palpable as I watched the price climb to 31.50 USDT, only to see it dip back down to 28 USDT shortly after.
Undeterred, I patiently waited for another opportunity, and when the price bounced back up to 31.10 USDT, I seized the moment and decided to sell. As a newbie in the trading world, I felt a rush of adrenaline with each fluctuation in price, constantly learning and adapting to the market dynamics.
Reflecting on my decision later, I couldn't help but feel a twinge of regret for not holding onto my investment a little longer. But hey, that's all part of the learning process, right? Despite the ups and downs, I managed to secure a profit of 6.3 USDT in a short amount of time, which was definitely a win in my book!
đĽłđ I'm incredibly proud of myself for taking that first leap into trading, and I'm grateful for the valuable lessons it taught me. It's all about embracing the journey and learning from every experience, no matter how small.
đ If you're interested in joining me for snagging some free prize đ along the way, simply copy the link in the comments and come to us! I'll be giving away rewards to 4500 lucky Asian Binancian on April 1st, so don't miss out! Watch the linked post for more details.
an instant prize đ is waiting for you in đ post on profile
Your tips and support mean the world to me, and I can't wait to share more useful content with you all. Here's to many more successful memorable moments in the world of crypto! đđ° #FirstTrade #HotTrends #BNBChain #cryptojourney #LearningExperience
Yesterday, I took my first step into the world of trading, and what an exhilarating journey it was! I decided to dip my toes into the market with 197 USDT, venturing into MLN coin. With a mix of excitement and nerves, I made my move, buying in at 30.33 USDT per coin. The initial thrill was palpable as I watched the price climb to 31.50 USDT, only to see it dip back down to 28 USDT shortly after.
Undeterred, I patiently waited for another opportunity, and when the price bounced back up to 31.10 USDT, I seized the moment and decided to sell. As a newbie in the trading world, I felt a rush of adrenaline with each fluctuation in price, constantly learning and adapting to the market dynamics.
Reflecting on my decision later, I couldn't help but feel a twinge of regret for not holding onto my investment a little longer. But hey, that's all part of the learning process, right? Despite the ups and downs, I managed to secure a profit of 6.3 USDT in a short amount of time, which was definitely a win in my book!
đĽłđ I'm incredibly proud of myself for taking that first leap into trading, and I'm grateful for the valuable lessons it taught me. It's all about embracing the journey and learning from every experience, no matter how small.
đ If you're interested in joining me for snagging some free prize đ along the way, simply copy the link in the comments and come to us! I'll be giving away rewards to 4500 lucky Asian Binancian on April 1st, so don't miss out! Watch the linked post for more details.
an instant prize đ is waiting for you in đ post on profile
Your tips and support mean the world to me, and I can't wait to share more useful content with you all. Here's to many more successful memorable moments in the world of crypto! đđ° #FirstTrade #HotTrends #BNBChain #cryptojourney #LearningExperience
Likeâ ď¸â ď¸ DON'T FALL INTO THESE 5 CRYPTO TRAPS! đޤ
đĽ Your Favorite Influencer Shilling a new Coin:
You see the YouTuber you've been following for years suddenly getting really bullish on a random altcoin with a dumb face thumbnail. "This one is truly a 100x gem guys, generational buying opportunity right here." Surely they've done their due diligence, right? Right??
đĽ The "Last Chance to Buy Under $X" Posts:
Speculation and FOMO are hitting a fever pitch, with people seemingly trying to outbid each other on hopium prices. Everyone's hyping why this is definitely going to be a life-changing investment if you buy now before it's too late.
đĽ Cult-Like Behavior Around a Project
If any criticism or skepticism towards a project gets instantly dogpiled by a horde of rabid supporters, that's a huge red flag. The echo chamber reinforcing itself as community members compete to out-loyal each other is a classic sign of a cult mindset taking over
đĽ "This [insert random shit coin] will make you a Millionaire!" An endless supply of get-rich-quick videos promising to reveal the secrets to financial freedom through buying "secret" new coins. Don't follow channels thriving on dreaming of mansions, lambos and models on beaches. A surefire indication of peaking irrationality.
đĽ "This Time It's Different" is Famous Last Words: Every rally looks unstoppable until it doesn't.
Like if you agree and follow me for more tips. Peaceđ¤
#LearnFromMistakes  #btc  #Solana⊠ #eth  #LearningExperience
đĽ Your Favorite Influencer Shilling a new Coin:
You see the YouTuber you've been following for years suddenly getting really bullish on a random altcoin with a dumb face thumbnail. "This one is truly a 100x gem guys, generational buying opportunity right here." Surely they've done their due diligence, right? Right??
đĽ The "Last Chance to Buy Under $X" Posts:
Speculation and FOMO are hitting a fever pitch, with people seemingly trying to outbid each other on hopium prices. Everyone's hyping why this is definitely going to be a life-changing investment if you buy now before it's too late.
đĽ Cult-Like Behavior Around a Project
If any criticism or skepticism towards a project gets instantly dogpiled by a horde of rabid supporters, that's a huge red flag. The echo chamber reinforcing itself as community members compete to out-loyal each other is a classic sign of a cult mindset taking over
đĽ "This [insert random shit coin] will make you a Millionaire!" An endless supply of get-rich-quick videos promising to reveal the secrets to financial freedom through buying "secret" new coins. Don't follow channels thriving on dreaming of mansions, lambos and models on beaches. A surefire indication of peaking irrationality.
đĽ "This Time It's Different" is Famous Last Words: Every rally looks unstoppable until it doesn't.
Like if you agree and follow me for more tips. Peaceđ¤
#LearnFromMistakes  #btc  #Solana⊠ #eth  #LearningExperience
Claim Reward Here đ°đđ°
Complementary reward upto 10USDT
Complementary reward upto 10USDT
JUST IN - $BTC NEW ATH! đ¤Ż
Yesterday BTC ETFs reached a new record of $1 BILLION in inflows! Today Bitcoin Strikes a New Record: $73'000 + đ
Bitcoin is novel, digital, global, unique and uncorrelated to traditional risk assets. That makes it a natural addition to the portfolio of a responsible investor!
#BTCATH #Bitcoin(BTC) #BitcoinETFs #LearningExperience #BTCInsights
Yesterday BTC ETFs reached a new record of $1 BILLION in inflows! Today Bitcoin Strikes a New Record: $73'000 + đ
Bitcoin is novel, digital, global, unique and uncorrelated to traditional risk assets. That makes it a natural addition to the portfolio of a responsible investor!
#BTCATH #Bitcoin(BTC) #BitcoinETFs #LearningExperience #BTCInsights
#tradeNtell #CRYPTO TERMINOLOGIES YOU SHOULD KNOW (SERIES 4)
Hi everyone, today I have done some research and got you other crypto terminologies you should know
1. *LP( liquidity pool)* - A pool of funds for a certain crypto purpose
2. *LP(liquidity provider)* - A person providing liquidity to a pool.
3. *CONTRACT ADDRESS* - It is an address that provides the location of a particular token or coin in an exchange
4. *BTFD*- Buy The F,u,c,k,i,n,G Dip
5. *TA*- Technical Analysis
6. *FA*- Fundamental Analysis
7. *POS*- Proof of Stake
8. *POW*- Proof of Work
9. *OTC*- Over the Counter
10. *WEAK HAND*- A coin holder prone to selling at the first sign of a dip in price
11. *POH*- Proof of History
12. *POSA*- Proof of Stake Authority
Thanks for reading my post follow, share , like and comment,
tip me too to encourage me do more research, you can drop some terminologies in the comment section and i will explain them. #Write2Earn #TrendingTopic #LearnAndGrow #LearningExperience
Hi everyone, today I have done some research and got you other crypto terminologies you should know
1. *LP( liquidity pool)* - A pool of funds for a certain crypto purpose
2. *LP(liquidity provider)* - A person providing liquidity to a pool.
3. *CONTRACT ADDRESS* - It is an address that provides the location of a particular token or coin in an exchange
4. *BTFD*- Buy The F,u,c,k,i,n,G Dip
5. *TA*- Technical Analysis
6. *FA*- Fundamental Analysis
7. *POS*- Proof of Stake
8. *POW*- Proof of Work
9. *OTC*- Over the Counter
10. *WEAK HAND*- A coin holder prone to selling at the first sign of a dip in price
11. *POH*- Proof of History
12. *POSA*- Proof of Stake Authority
Thanks for reading my post follow, share , like and comment,
tip me too to encourage me do more research, you can drop some terminologies in the comment section and i will explain them. #Write2Earn #TrendingTopic #LearnAndGrow #LearningExperience
Waiting for Market to move a side, Either upside or downside because i like to Trade after liquidity grab
Sometimes No Trade is better then Lost Trade
Use your free time to Learn about Trading
What my trading journey changed was only 3 Topics
1. Liquidity in Trading
2. FVG / Concept of FVG
3. Best Timeframe for Analysis and Trade Entry
(Mine are 4HR- 1HR for Analysis and Entry in 15Min to 5Min for confirmation)
#LearningExperience #write2earn
$BTC $ETH $SOL
Sometimes No Trade is better then Lost Trade
Use your free time to Learn about Trading
What my trading journey changed was only 3 Topics
1. Liquidity in Trading
2. FVG / Concept of FVG
3. Best Timeframe for Analysis and Trade Entry
(Mine are 4HR- 1HR for Analysis and Entry in 15Min to 5Min for confirmation)
#LearningExperience #write2earn
$BTC $ETH $SOL
Likeâ ď¸â ď¸ DON'T FALL INTO THESE 5 CRYPTO TRAPS! đޤ
đĽ Your Favorite Influencer Shilling a new Coin:
You see the YouTuber you've been following for years suddenly getting really bullish on a random altcoin with a dumb face thumbnail. "This one is truly a 100x gem guys, generational buying opportunity right here." Surely they've done their due diligence, right? Right??
đĽ The "Last Chance to Buy Under $X" Posts:
Speculation and FOMO are hitting a fever pitch, with people seemingly trying to outbid each other on hopium prices. Everyone's hyping why this is definitely going to be a life-changing investment if you buy now before it's too late.
đĽ Cult-Like Behavior Around a Project
If any criticism or skepticism towards a project gets instantly dogpiled by a horde of rabid supporters, that's a huge red flag. The echo chamber reinforcing itself as community members compete to out-loyal each other is a classic sign of a cult mindset taking over
đĽ "This [insert random shit coin] will make you a Millionaire!" An endless supply of get-rich-quick videos promising to reveal the secrets to financial freedom through buying "secret" new coins. Don't follow channels thriving on dreaming of mansions, lambos and models on beaches. A surefire indication of peaking irrationality.
đĽ "This Time It's Different" is Famous Last Words: Every rally looks unstoppable until it doesn't.
Like if you agree and follow me for more tips. Peaceđ¤
#LearnFromMistakes  #BTCđĽđĽđĽđĽ  #Solana⊠ #eth  #LearningExperience
đĽ Your Favorite Influencer Shilling a new Coin:
You see the YouTuber you've been following for years suddenly getting really bullish on a random altcoin with a dumb face thumbnail. "This one is truly a 100x gem guys, generational buying opportunity right here." Surely they've done their due diligence, right? Right??
đĽ The "Last Chance to Buy Under $X" Posts:
Speculation and FOMO are hitting a fever pitch, with people seemingly trying to outbid each other on hopium prices. Everyone's hyping why this is definitely going to be a life-changing investment if you buy now before it's too late.
đĽ Cult-Like Behavior Around a Project
If any criticism or skepticism towards a project gets instantly dogpiled by a horde of rabid supporters, that's a huge red flag. The echo chamber reinforcing itself as community members compete to out-loyal each other is a classic sign of a cult mindset taking over
đĽ "This [insert random shit coin] will make you a Millionaire!" An endless supply of get-rich-quick videos promising to reveal the secrets to financial freedom through buying "secret" new coins. Don't follow channels thriving on dreaming of mansions, lambos and models on beaches. A surefire indication of peaking irrationality.
đĽ "This Time It's Different" is Famous Last Words: Every rally looks unstoppable until it doesn't.
Like if you agree and follow me for more tips. Peaceđ¤
#LearnFromMistakes  #BTCđĽđĽđĽđĽ  #Solana⊠ #eth  #LearningExperience
Claim Reward heređđđ°
Complementary reward upto 10USDT
Complementary reward upto 10USDT
Advice to the Beginners!
Learn the difference between isolated mode and Cross margin mode in the future, otherwise you will lose your money.
#LearningOpportunity #LearningExperience
$BTC $ETH $BNB
Learn the difference between isolated mode and Cross margin mode in the future, otherwise you will lose your money.
#LearningOpportunity #LearningExperience
$BTC $ETH $BNB
Advice to the Beginners!
Avoid SCALPING and DAY TRADING in the beginning focus on higher time frame trading, otherwise you will lose money and will go to depression.
$BTC $ETH $BNB
#BullorBear #LearningExperience
Avoid SCALPING and DAY TRADING in the beginning focus on higher time frame trading, otherwise you will lose money and will go to depression.
$BTC $ETH $BNB
#BullorBear #LearningExperience
đđđ Rules you should follow.đđđ
1. If you can't stop staring at your position, cut it
2. Always take a break after every major profit or loss.
3. Let your brain adapt to your current financial status.
4. Learn from your mistakes. Otherwise, you will be stuck in a loop.
5. A kol doesn't have 2 brains. He is just like you, a human. So if he can do it, so can you.
6. Be easy on yourself. You were not born with a trading degree.
7. Never give up
#TrendingTopic #LearningExperience #WLD
1. If you can't stop staring at your position, cut it
2. Always take a break after every major profit or loss.
3. Let your brain adapt to your current financial status.
4. Learn from your mistakes. Otherwise, you will be stuck in a loop.
5. A kol doesn't have 2 brains. He is just like you, a human. So if he can do it, so can you.
6. Be easy on yourself. You were not born with a trading degree.
7. Never give up
#TrendingTopic #LearningExperience #WLD
Soon, you'll start realizing that if you have chosen Spot trading over future, you would have saved money and made more profits than you looked for and lived your life risk and stress free!
#LearningExperience
#LearningExperience
Likeâ ď¸â ď¸ DON'T FALL INTO THESE 5 CRYPTO TRAPS! đޤ
đĽ Your Favorite Influencer Shilling a new Coin:
You see the YouTuber you've been following for years suddenly getting really bullish on a random altcoin with a dumb face thumbnail. "This one is truly a 100x gem guys, generational buying opportunity right here." Surely they've done their due diligence, right? Right??
đĽ The "Last Chance to Buy Under $X" Posts:
Speculation and FOMO are hitting a fever pitch, with people seemingly trying to outbid each other on hopium prices. Everyone's hyping why this is definitely going to be a life-changing investment if you buy now before it's too late.
đĽ Cult-Like Behavior Around a Project
If any criticism or skepticism towards a project gets instantly dogpiled by a horde of rabid supporters, that's a huge red flag. The echo chamber reinforcing itself as community members compete to out-loyal each other is a classic sign of a cult mindset taking over
đĽ "This [insert random shit coin] will make you a Millionaire!" An endless supply of get-rich-quick videos promising to reveal the secrets to financial freedom through buying "secret" new coins. Don't follow channels thriving on dreaming of mansions, lambos and models on beaches. A surefire indication of peaking irrationality.
đĽ "This Time It's Different" is Famous Last Words: Every rally looks unstoppable until it doesn't.
Like if you agree and follow me for more tips. Peaceđ¤
#LearnFromMistakes #btc #Solana⊠#eth #LearningExperience
đĽ Your Favorite Influencer Shilling a new Coin:
You see the YouTuber you've been following for years suddenly getting really bullish on a random altcoin with a dumb face thumbnail. "This one is truly a 100x gem guys, generational buying opportunity right here." Surely they've done their due diligence, right? Right??
đĽ The "Last Chance to Buy Under $X" Posts:
Speculation and FOMO are hitting a fever pitch, with people seemingly trying to outbid each other on hopium prices. Everyone's hyping why this is definitely going to be a life-changing investment if you buy now before it's too late.
đĽ Cult-Like Behavior Around a Project
If any criticism or skepticism towards a project gets instantly dogpiled by a horde of rabid supporters, that's a huge red flag. The echo chamber reinforcing itself as community members compete to out-loyal each other is a classic sign of a cult mindset taking over
đĽ "This [insert random shit coin] will make you a Millionaire!" An endless supply of get-rich-quick videos promising to reveal the secrets to financial freedom through buying "secret" new coins. Don't follow channels thriving on dreaming of mansions, lambos and models on beaches. A surefire indication of peaking irrationality.
đĽ "This Time It's Different" is Famous Last Words: Every rally looks unstoppable until it doesn't.
Like if you agree and follow me for more tips. Peaceđ¤
#LearnFromMistakes #btc #Solana⊠#eth #LearningExperience
The key to understanding why prices fall even though every seller needs a buyer lies in the dynamics of bid and ask prices in the market.
1. Bid and Ask Prices: In any market, there are two types of prices at any given momentâthe bid price (what buyers are willing to pay) and the ask price (what sellers are asking for). The difference between these is known as the "spread."
2. Market Orders and Limit Orders: Buyers and sellers place orders in different ways. A buyer might place a market order, agreeing to buy at the current lowest ask price, or a limit order, specifying the maximum price they're willing to pay. Similarly, sellers use market orders to sell immediately at the current highest bid price or limit orders to set a minimum acceptable price.
3. Price Movement: When there's a surge in selling, it's not that there are no buyers, but the immediate willingness to buy at the current or asking price diminishes. Sellers, especially those using market orders to sell quickly, start to accept lower bid prices. This action, when replicated across many sellers, drives the price down.
4. Perception of Supply and Demand: The notion of "more sellers than buyers" generally means there's more willingness or urgency to sell among holders of the asset than there is interest or urgency to buy. This doesn't mean a literal count of individuals but rather the volume of assets being sold versus bought. If sellers are more desperate to offload their assets than buyers are eager to acquire them, sellers will lower their prices to make their offers more competitive.
5. Market Sentiment: In periods of panic or pessimism, many sellers are willing to accept lower prices to exit their positions. Buyers, anticipating that prices may fall further, place lower bids. The market clears at these lower prices, reflecting a downward movement in price.
In essence, the "more sellers than buyers" phrase refers to the pressure or urgency to sell at any given price point, not the absolute number of individuals on each side of the transaction.
#LearningExperience #write2earnâŚ. #Binanceâ
1. Bid and Ask Prices: In any market, there are two types of prices at any given momentâthe bid price (what buyers are willing to pay) and the ask price (what sellers are asking for). The difference between these is known as the "spread."
2. Market Orders and Limit Orders: Buyers and sellers place orders in different ways. A buyer might place a market order, agreeing to buy at the current lowest ask price, or a limit order, specifying the maximum price they're willing to pay. Similarly, sellers use market orders to sell immediately at the current highest bid price or limit orders to set a minimum acceptable price.
3. Price Movement: When there's a surge in selling, it's not that there are no buyers, but the immediate willingness to buy at the current or asking price diminishes. Sellers, especially those using market orders to sell quickly, start to accept lower bid prices. This action, when replicated across many sellers, drives the price down.
4. Perception of Supply and Demand: The notion of "more sellers than buyers" generally means there's more willingness or urgency to sell among holders of the asset than there is interest or urgency to buy. This doesn't mean a literal count of individuals but rather the volume of assets being sold versus bought. If sellers are more desperate to offload their assets than buyers are eager to acquire them, sellers will lower their prices to make their offers more competitive.
5. Market Sentiment: In periods of panic or pessimism, many sellers are willing to accept lower prices to exit their positions. Buyers, anticipating that prices may fall further, place lower bids. The market clears at these lower prices, reflecting a downward movement in price.
In essence, the "more sellers than buyers" phrase refers to the pressure or urgency to sell at any given price point, not the absolute number of individuals on each side of the transaction.
#LearningExperience #write2earnâŚ. #Binanceâ
TO NOT FORGET âď¸đ
$BTC Solved the Deadly Trade-off in Money! Bitcoin made money easier to move while also simplifying its creation!
Before Bitcoin, the fundamental problem with money remained unresolved. Humanity needed reliable, easy-to-use money. Gold solved the supply problem, but it was hard to move. So, Fiat currency was created for easy transfer, but it led to overproduction. A risk that became reality! đ¨
#BitcoinRevolution #BitcoinHistory #learntoearn #LearningExperience #BitcoinVsGold $PAXG
$BTC Solved the Deadly Trade-off in Money! Bitcoin made money easier to move while also simplifying its creation!
Before Bitcoin, the fundamental problem with money remained unresolved. Humanity needed reliable, easy-to-use money. Gold solved the supply problem, but it was hard to move. So, Fiat currency was created for easy transfer, but it led to overproduction. A risk that became reality! đ¨
#BitcoinRevolution #BitcoinHistory #learntoearn #LearningExperience #BitcoinVsGold $PAXG
#Write2Earn What is a Binance Academy course #certificate #AcademyCourse #LearnAndGrow #LearningExperience
đŁ Binance Academy provides two types of certificates to learners. A PDF certificate is granted to all verified Binance users who have finished an individual course in the intermediate track. An NFT certificate is exclusively available to users in regions eligible for claiming NFTs. Both certificates serve as proof of successful completion of specific Binance Academy courses.
1ď¸âŁ What are the Binance Academy educational courses?
đBinance Academy, Binanceâs educational arm, has added online courses to the list of its offerings. In addition to in-depth articles, Learn & Earn programs, in-person educational seminars, and educational partnerships with universities, anyone can now take online courses on Binance Academy to advance their knowledge in specific areas related to blockchain technology, crypto, and Web3.
2ď¸âŁ What course options are offered and are they available for free?
đBinance Academy released its beginner track courses in 2022, with intermediate and advanced courses set to be released in 2023 and beyond. Stay updated by following us on social media to avoid missing the opportunity to receive a Certificate of Achievement from the industryâs leading education platform. Binanceâs social media handles are listed at the bottom of this page.
3ď¸âŁ How do I take the courses?
đYou can visit Binance Academyâs homepage and click [Courses] or visit the page of the course you are interested in. Please note that the courses will be released gradually, so be sure to follow us on social media to get notified when new courses are available.
4ď¸âŁ What do I get for taking the courses?
đIn addition to gaining valuable crypto and blockchain knowledge, users who finish courses can receive certificates issued by Binance Academy. The certificates are awarded in the following way. CLAIMđ§§đđ§§
đŁ Binance Academy provides two types of certificates to learners. A PDF certificate is granted to all verified Binance users who have finished an individual course in the intermediate track. An NFT certificate is exclusively available to users in regions eligible for claiming NFTs. Both certificates serve as proof of successful completion of specific Binance Academy courses.
1ď¸âŁ What are the Binance Academy educational courses?
đBinance Academy, Binanceâs educational arm, has added online courses to the list of its offerings. In addition to in-depth articles, Learn & Earn programs, in-person educational seminars, and educational partnerships with universities, anyone can now take online courses on Binance Academy to advance their knowledge in specific areas related to blockchain technology, crypto, and Web3.
2ď¸âŁ What course options are offered and are they available for free?
đBinance Academy released its beginner track courses in 2022, with intermediate and advanced courses set to be released in 2023 and beyond. Stay updated by following us on social media to avoid missing the opportunity to receive a Certificate of Achievement from the industryâs leading education platform. Binanceâs social media handles are listed at the bottom of this page.
3ď¸âŁ How do I take the courses?
đYou can visit Binance Academyâs homepage and click [Courses] or visit the page of the course you are interested in. Please note that the courses will be released gradually, so be sure to follow us on social media to get notified when new courses are available.
4ď¸âŁ What do I get for taking the courses?
đIn addition to gaining valuable crypto and blockchain knowledge, users who finish courses can receive certificates issued by Binance Academy. The certificates are awarded in the following way. CLAIMđ§§đđ§§