I am positive that $GALA will recover and make a blast in cr | Ghazali S on Binance Square

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I am positive that $GALA will recover and make a blast in crypto space, it's just a breather not the END of line...
#btc70k 
$BTC 

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59,158.12

+2.22%

GALA

0.01591

+0.06%

417

0

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Join the 200,000,000 RGT airdrop REVOX in partnership with BINANCE WEB 3 WALLET GO to your Binance web 3 wallet and click on the campaign Enter the referal code ENVKHF and start accumulating Revox passes... Come back everyday to collect more... $BTC #BinanceTurns7 #Megadrop

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This is the last chance to buy this coin or dip... HAVE YOU COME ACROSS THESE KINDS OF POSTS??? Well... They are wrong... It may be the last chance to buy at the current price range But, the dips will come again... FUTURES Trading will going to make sure of that... DO NOT BUY GREEN CANDLES... DO NOT FOMO... We all know that when $BTC etf was approved, later a good buying opportunity came with it... #ETHETFsApproved

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BLUM INVITE LINK If you are yet to get started farming Blum Points , read this Cost : $0.00 Potential: $200(+) depending on how many points you accumulate Here is how to get started Tap and hold the link below for 2-3 seconds and copy it https://t.me/BlumCryptoBot/app?startapp=ref_y6CRr9R4iD Paste it on your browser, and it will open with the required app After that, open with the required app and launch Happy Farming Refer your friends Complete tasks

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Why Blum Crypto Stands Out: - Founded by former Binance employees - Affiliated with Binance Labs - Seamless way to farm, complete tasks, and earn rewards Hold the link below for 2-3 seconds, copy and paste in browser t.me/BlumCryptoBot/app?startapp=ref_y6CRr9R4iD Farming Points: - Click and farm in the app - Collect points every 8 hours - Repeat to accumulate more points Earning Additional Points: - Complete in-app tasks - Invite friends for extra points - Play games and collect points with free tickets User Experience: - Earn up to 500 BLUM points $BTC #BlumCrypto #StartInvestingInCrypto #BNBCrossing660

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HOW LEVERAGE WORKS??? Starting to trade FUTURES??? First of all, understand how leverage works: imagine you open a trade to buy with $100 with 10x leverage, it will act as if you had $1,000. How does this work? The exchange (like Binance) will simply lend you $900, and in exchange for that, if the price drops by 10% (so your $1,000 turns into $900), your position is automatically closed to prevent you from being indebted to the exchange. You are what is called "liquidated". When you are liquidated on a long position, at the moment of your liquidation, it instantly creates a market sell: this means that your remaining $900 is sold off so that Binance can recover its money. Now, let's take this phenomenon and apply it on a much larger scale: imagine that 10,000 people enter long with 10x leverage on BTC at 3 different levels: at $65k, $67.5k, and $70k. Now, imagine that the price drops to $63k, so -10% from $70k. The people who entered will get liquidated and will thus trigger massive sales in the market, which will strongly push down the price of BTC, which will then go down to $60,750 due to massive liquidations, which will trigger the liquidations of those who entered at $67.5k, and so on... This is called cascading liquidations. When too many people enter the market with leverage, it creates a risk of very strong and rapid liquidations, which can create "flash crashes", that is, moments of a few minutes where BTC can lose -20 or -25%. This is also the same in traditional finance, on the scale of banks/hedge funds etc, but that's another topic. #btc70k #ETHETFS #buythedip

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