#ETHOnTheRise How far will it go! | JP162 on Binance Square

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#ETHOnTheRise How far will it go!

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Why the Price Percentage Is Positive Even If You’re in Losses? It might seem strange when Binance shows a positive price percentage, yet your trade is in the red. This happens because the percentage change displayed reflects the price movement within a specific time window, not your personal entry price. Key Reasons for the Mismatch 1. Based on UTC Open Price: Binance calculates the percentage change based on the price at 00:00 UTC (or other specific intervals) rather than your trade’s entry point. If the current price is higher than the UTC opening price but lower than your buy price, the percentage may appear positive while you’re still at a loss. 2. Rolling Timeframes: For metrics like the 24-hour percentage, the reset aligns with the new day’s start or the measurement window, causing a shift in the reference price. 3. Your Personal Entry Price: The percentage doesn’t account for individual trades. If you bought at a peak price, the displayed percentage might not align with your profit/loss situation. How to Avoid Confusion • Focus on Your Entry Price: Use the “Positions” tab or your order history to track your actual profit and loss. • Rely on Candlestick Charts: Analyze price trends directly rather than relying on percentage changes. • Stay Educated: Understand Binance’s calculation method to interpret the numbers correctly. Always remember, the displayed percentage reflects the market trend—not your personal performance. Prioritize the price over percentage for more accurate trading insights! $BTC #BinanceSquareFamily

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Do You Know Why Thena Is Hunting?

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Video tutorial guidance for beginners who is performing every single task whether it is about trading or deposit withdrawals, staking transfer or anything.It may reduce risk

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Do You Wish to Be Overnight Rich in Crypto? Think Again! Many beginners enter crypto with dreams of quick wealth, only to face disappointment and financial loss. While stories of overnight success exist, they are rare and often involve whales—investors with massive funds and market influence. For the average trader, this mindset is a recipe for disaster. The Misconceptions 1. “I Can Get Rich Quickly”: Quick gains are rare and highly risky. 2. “I Can Manipulate the Market”: Unlike whales, beginners can’t pump, dump, or defy market trends. 3. “All-In Is the Best Strategy”: This often leads to financial ruin. The Right Approach • Limit Greed, Maximize Knowledge: Learn the market instead of chasing unrealistic gains. • Adopt the Tortoise Strategy: Slow and steady wins the race; patience is key. • Plan and Stay Disciplined: Avoid FOMO, set realistic goals, and stick to your strategy. Chasing quick riches can leave you with nothing. Instead, focus on growth through perseverance and informed decisions. Be the tortoise in this race—steady progress leads to lasting success. $BTC $THE #Share1BNBDaily

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