"Correlation between $BTC and $EURUSD has broken. EURUSD dec | GOLDEN MAINTAIN on Binance Square

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"Correlation between $BTC and $EURUSD has broken. EURUSD declined, while BTC held and surged. Suggests Bitcoin follows a different path now, possibly due to the halving and ETF excitement."
#BTC #etf

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$ETH #BinanceTournament $BTC Riding the Bull: Understanding the Crypto Market Bull Run part 1 In the ever-evolving world of finance, the cryptocurrency market has emerged as a new frontier, teeming with innovation, speculation, and potential. One of the most electrifying phenomena within this digital asset space is the "bull run." A bull run refers to a period of time when the prices of cryptocurrencies increase significantly and consistently, often leading to a frenzy of investment and media attention. ## The Anatomy of a Bull Run A crypto bull run is characterized by a sustained increase in market value. This upward trend can be driven by a variety of factors, including technological advancements, regulatory developments, institutional investments, and broader economic conditions. When the sentiment is positive and the market is bullish, investors are more likely to hold onto their assets, anticipating further gains, which in turn drives prices up. ### Technological Breakthroughs Innovation is a key catalyst for bull runs in the crypto market. The introduction of new technologies or enhancements to existing blockchain platforms can trigger investor optimism. For instance, the launch of Ethereum 2.0, with its promise of increased scalability and efficiency, has been a major talking point among enthusiasts and investors alike. ## Conclusion The bull run is a testament to the dynamism and potential of the cryptocurrency market. It encapsulates the highs and lows of investing in digital assets, reflecting both human psychology and market fundamentals. For those willing to ride the bull, the rewards can be substantial, but caution and informed decision-making should be the guiding principles in the fast-paced crypto rodeo.

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FOLLOW ME AND DROP YOUR USDT ADDRESS #BullRun #BTC

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📈📊SHORT POSITION ⬇️ Now this is a term you've probably heard when hanging out with friends who've dabbled with trading! A short position (or short) means selling an asset with the intention of rebuying it later at a lower price. Shorting is closely related to margin trading, as it may happen with borrowed assets. However, it's also widely used in the derivatives market and can be done with a simple spot position. How does it work, you ask? Let's see, shall we? When it comes to shorting on the spot markets, it's quite simple. Let's say you already have Bitcoin and you expect the price to go down. You sell your BTC for USD, as you plan to rebuy it later at a lower price. In this case, you're essentially entering a short position on Bitcoin since you're selling high to rebuy lower. Easy enough. But what about shorting with borrowed funds? This is a bit more complicated. You borrow an asset that you think will decrease in value. You immediately sell it. If the trade goes your way and the asset price decreases, you buy back the same amount of the asset that you've borrowed. You repay the assets that you've borrowed (along with interest) and profit from the difference between the price you initially sold and the price you rebought. Still a bit confused? Let's see a practical example. We put up the required collateral to borrow 1 BTC, then immediately sell it for $10,000. Now we've got $10,000. Let's say the price goes down to $8,000. We buy 1 BTC and repay our debt of 1 BTC along with interest. Since we initially sold Bitcoin for $10,000 and now rebought at $8,000, our profit is $2,000 (minus the interest payment and trading fees). Boom, that's how you profit from the price going down! ⚠️FOLLOW ME FOR MORE TUTORIAL ⚠️ #BTC

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⚠️#JUST IN ⚠️ 🚨DIFFRECE BETWEEN LONG AND SHORT POSITIONS 🚨 📉📊LONG POSITION ⬇️ A long position (or simply long) means buying an asset with the expectation that its value will rise. Long positions are often used in the context of derivatives products, but they apply to basically any asset class or market type. Buying an asset on the spot market in the hopes that its price will increase also constitutes a long position. Going long on a financial product is the most common way of investing, especially for those just starting out. Long-term trading strategies like buy and hold are based on the assumption that the underlying asset will increase in value. In this sense, buy and hold is simply going long for an extended period of time. However, being long doesn't necessarily mean that the trader expects to gain from an upward movement in price. There are derivatives products that are inversely correlated with the price of the underlying asset. For example, a token called iBTC is inversely correlated with the price of BTC. If the price of BTC goes down, the price of iBTC goes up, and vice versa. So, if you're in an iBTC long position, that effectively means that you expect the price of BTC to go down. FOLLOW ME FOR PART 2🔰 #BTC #etf

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SOME TIPS FOR NEWCOMERS TO THE WORLD OF CRYPTOCURRENCY 1. Educate Yourself: Before investing, take the time to understand how cryptocurrencies work, the technology behind them (#blockchain), and the different types of cryptocurrencies available. 2. Start Small: If you decide to invest, begin with a small amount of money that you can afford to lose. Cryptocurrency markets can be highly volatile. For example, if you have 10 million dollars, only spend 1 million dollars. 3. Use Reputable Exchanges: Choose well-established and reputable cryptocurrency exchanges for buying, selling, and trading digital assets. Do your research on the platform's security and fees. This time, $BTC, $ETH, $AXS, and $SXP are still longterm choices, paying attention to nice #buyingzones. 🌲 For the #shortterm, MY TEAM is considering $BADGER, $ORN, $BSW and $MOVR… 4. Secure Your Investments: Use hardware wallets or secure software wallets to store your cryptocurrencies. Protect your private keys and use strong, unique passwords. 5. Diversify 6. Stay Informed 7. Beware of Scams 8. Long-Term Perspective Remember, the #cryptocurrency market is speculative and can be risky. Remember to manage your capital and be responsible for yourself

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