Bitcoin is increasingly seen as a store of value rather than | Crypto4light en Binance Square

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Bitcoin is increasingly seen as a store of value rather than a trading asset. $BTC 

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Aviso legal: Se incluyen opiniones de terceros. Esto no respresenta una asesoría financiera. Puede haber contenido patrocinado. Lee los TyC.

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Rules for newbie cryptocurrency traders: Do not go looking for obscure coins. Searching for cryptocurrencies with low capitalization for the aim of "shooting" investments is a complex and risky process. This method necessitates a thorough understanding of the industry. Beginners should concentrate on a couple of the top ten coins by capitalization that can create strong long-term gains. Do not employ leverage. Margin trading may appear to be designed for amateurs at first look, but keep in mind that leverage is other people's money and assets! When utilized effectively, leverage enables you to attain higher profitability; nevertheless, most novices trade carelessly, which is unsuitable with this technique. Create your own trading strategy. When purchasing or selling an item, you must have a well established process in place to carry out your activities. Robots make the greatest money in today's stock exchange world because they precisely obey the laws and are not affected by psychological changes. Complete the transaction on time. In the crypto market, there are many instances when assets expand fast and signals of euphoria appear. It is important to remember in this case that quick expansion might lead to large sales. It is easy to lose focus and surrender to exhilaration during such times. Investigate your assets. The more knowledge a trader knows on an asset, the better his trading will be. To get a sense of what is going on with the asset, we recommend combining technical and fundamental research. There are times when a coin's price decreases or stagnates, and the trader loses interest in it, but there is crucial news or a project update coming up that may alter the price. #TradingTips

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Style for weekend party $BTC

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Trading setups: 1. A bad deal or a series of bad deals means nothing. 2. Don't focus on the last trade: it has nothing to do with the next one. 3. Follow your trading plan at all times: in good times and in bad times. 4. Focus on one/two trading pairs. 5. In this business, losses are inevitable: in order to succeed in trading, you need to learn to accept risks. Reducing risks will help eliminate anxiety and a source of stress. $BTC $ETH

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The worst trading strategy is relying on hope. The pain experienced from a losing trade is twice as severe as the satisfaction from a comparable profit. This is why traders often hold onto losing trades, even removing their stop losses. They do so to avoid the pain of closing a trade at a loss, consoling themselves with the hope that they can wait it out and turn the situation around. At this point, the emotions driving the trader are not fear and greed, but rather fear and hope. The result? In the majority of cases, this leads to a complete depletion of the deposit instead of the initially planned -1%. How can this be avoided? The exit price of the trade must be determined before its initiation. Once the trade has been opened, the plan must be adhered to without alteration, with no exceptions. #BTC☀ $BTC $TON

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Overnight success. It’s the classic tale “successful” traders love to tell, urging new traders to believe in the myth of instant riches. The result? A rush to action. They fear missing out on trades, thinking that the more they trade, the closer they are to winning. For them, skipping even one day of trading feels like a catastrophe. They miss the reality that no business brings endless, immediate wealth. They fall prey to the illusion of easy money. But real work is needed every day. And a trader’s real work isn’t just opening and closing trades. It’s about facing what you hide from yourself: your flaws, your fears, and the negative emotions that, if unchecked, will sabotage your trading career. $BTC #Bitcoin

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