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Some Tips to make profits in your Futures and spot trading The major aim of every trader, be it spot, futures,margin, NFT or bot trader is to increase his or her earning . As a result , I'm going to share some few tips to help you make few gains while trading . 1. I personally have a very high openness to experience. What does it mean? While trading I like to experiment. How to do this? Most time I start trading after intensive study sessions so that my mind isn't hungry. You are always trading, you just don't realize this and by staring into the charts, the charts stare back LOL. 2. Another important thing to do is, Ask yourself: How do I help with improving market conditions? When shorting, how do you know that the price is too high? & when Longing, how do you know the price is too low? The answers will help you gain incredibly. And this is when self improvement comes in by gaining trading knowledge . 3. Analyze your trades and discover new tips. 4. Learn from your mistakes. Graph them, to prevent future occurrence 5. Understand that market conditions change. Your edge must adapt to the current market conditions 6. Invest wisely 7. Use DCA methods and always research Watch out for more 🧡 #crypto_Angel

Some Tips to make profits in your Futures and spot trading

The major aim of every trader, be it spot, futures,margin, NFT or bot trader is to increase his or her earning .

As a result , I'm going to share some few tips to help you make few gains while trading .

1. I personally have a very high openness to experience. What does it mean? While trading I like to experiment.

How to do this? Most time I start trading after intensive study sessions so that my mind isn't hungry. You are always trading, you just don't realize this and by staring into the charts, the charts stare back LOL.

2. Another important thing to do is, Ask yourself:

How do I help with improving market conditions? When shorting, how do you know that the price is too high? & when Longing, how do you know the price is too low? The answers will help you gain incredibly. And this is when self improvement comes in by gaining trading knowledge .

3. Analyze your trades and discover new tips.

4. Learn from your mistakes. Graph them, to prevent future occurrence

5. Understand that market conditions change. Your edge must adapt to the current market conditions

6. Invest wisely

7. Use DCA methods and always research

Watch out for more 🧡

#crypto_Angel

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Binance Launches Megadrop: A Token Launch Platform with Airdrops and Web3 Quests! Wow 🚀 🔥 I love this! This is a great innovative and user friendly earning method introduced by @Binance NB: Binance will be the first platform to list the token mentioned herein. The trading start time will be announced in a separate announcement. Any claims to offer this token for sale before the stated timeline are false advertising. Please do your own research to ensure safety of your funds. Binance is launching Binance Megadrop, a new token launch platform with airdrops and Web3 quests, where users can subscribe BNB to Locked Products and/or complete tasks in their Web3 Wallet for early access to rewards from selected Web3 projects before their tokens are listed on the Binance Exchange. The first project to be introduced on Binance Megadrop will be BounceBit (BB), a BTC restaking chain.  BounceBit Megadrop Details: Token Name: BounceBit (BB) Max Token Supply: 2,100,000,000 BB  Megadrop Token Rewards: 168,000,000 BB (8% of max token supply) Initial Circulating Supply: 409,500,000 BB (19.5% of max token supply) Research Report: BounceBit (BB) (which will be available within 1 hour of publishing this announcement) More details on the Megadrop amount, Web3 Quests, and detailed spot listing plan will be announced in a separate announcement by Binance very soon . What Is Binance Megadrop: Binance Megadrop is a new token launch platform that seamlessly integrates Binance Simple Earn and the Binance Web3 Wallet, reinventing users' airdrop experience. Megadrop grants users early access to select Web3 projects before they are listed on Binance.  This unique combination of engagement, education and rewards positions Megadrop as an unparalleled interactive experience within both Binance and the broader crypto ecosystem. For details on how to participate , Read here #BinanceMegadrop #bitcoinhalving
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If You Lost Money Trading #OMNI ❓ Let me tell you why you lost! Omni project is not a fraud as many traders are saying ! Omni was listed yesterday via #BinanceLaunchpool and it show the listing price was $1 and it skyrocketed to around $55 within a minute. It was around this high area that many of you bought ! Now let me tell you what happened and why you lost in your trades: Omni Network (Omni) is a layer 1 blockchain designed to integrate Ethereum’s rollup ecosystem into a single, unified system. Using Omni, developers can build natively global applications that access all of Ethereum’s liquidity and users by default. Hence this project has high capacity to do over 100x after listing in Binance Launchpool but a lot of fundamentals pulled it backwards after doing 54x. Knowing that OMNI is a good project, I would have bought after listing but knowing that there is lots uncertainty in the market currently , I waited to confirm it's surge, as a result I didn't buy. You Lost funds trading $OMNI because you didn't consider the overall crypto market conditions and You jumped in immediately because of FOMO(Fear Of Missing Out). LESSONS : 📍 Before trading any newly listed project, you have to consider the overall crypto market conditions at that very moment. 📍 Don't buy high immediately when you see that the entire market is already witnessing a downtrend due to strong fundamentals 📍 Be patient! wait for at least some hours to confirm if the newly listed token will continue the uptrend or for possible corrections! 📍 Please avoid FOMO! It is better to miss out than to loose trading in a hurry 📍It is better to get the Launchpool tokens for free during farming by staking big amount of BNB or FDUSD in the Launchpool page & you will get some free tokens!Then buy with caution after list. So, If you are still holding,HODL! NB: This is based on my person experience, research and opinion, I believe you will minimize your loss if you pay heed to the above lessons ! Hope you find this helpful ! NFA #HotTrends #Crypto_Angel
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Understanding the meaning of tick Size and it's importance to a trader! To this note, @Binance will update the Tick size of the following spot trading pairs: MEANING ; Tick size is the minimum price change between different bid and offer prices of an asset traded on an exchange platform. It is the minimum price difference that must exist at all times between consecutive bid and offer prices. 📍 Importance of Tick Size To a Trader The main purpose of setting a tick size is to maintain orderliness and efficiency in trading activities. By establishing a standardized minimum price increment, exchanges ensure fair and transparent pricing for all participants. Traders closely monitor tick size as it directly impacts their potential profits or losses. 📍 So, In order to increase market liquidity and improve trading experience, Binance will complete adjustments for the tick size (i.e., the minimum change in the unit price) of certain spot trading pairs by 2024-04-22 05:00 (UTC) and 2024-04-22 07:00 (UTC). 📍 The adjustment will not affect spot trading and other relevant functions. 📍 Tick size via API will also change. API users may use GET /api/v3/exchangeInfo for the latest tick size. For further details and updates, please refer to API Changelog. 📍 The tick size update will not affect existing spot orders. After the tick size is updated, orders placed before the update will still be matched with the original tick size. 📍 Please adjust your trading strategies accordingly to avoid unnecessary impact on your trading. Some of the pairs: ACE/BNB, ACE/BTC, ACE/FDUSD, ACE/USDT, AEVO/BNB,AEVO/FDUSD, AEVO/USDT, APT/BTC, etc. Read details and dates here Have a beautiful new week ! #Crypto_Angel #HotTrends @Binance Square Official
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