LIVE1realbaronn
@Square-Creator-48ee50944
A #1 Crypto-maniac 🪙💰 in the cryptocurrency world 🌎. A futures trader and investor in ALT coins.
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This is a must-know, must -focus article📃 for new retail traders who are 🤔 thinking about trying to trade futures📈📉 and think it's a get rich 💰💵quick scheme.
#write2earn #binancefutures
#write2earn #binancefutures
LIVEBtctokyo
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Alcista
DON'T TRY FUTURES TRADING
95% of people who have tried trading Futures have lost their money. It's a very bad idea. Don't try trading when you're not a trader, and don't think you're a trader just because you've made money investing in cryptos. People study for years to become traders: it's not for nothing, and if it were so easy, believe me, Futures wouldn't exist, simply because crypto exchanges would lose their money.
If you've made money in Futures trading for a few days, well done to you. However, this does not mean you're a trader. Being a trader means having a consistent, reasonable return that you can manage in the long term. If you can be profitable for 6 months in the crypto market without losing a significant portion of your capital (no more than 20%), then you can consider yourself good at trading. Without that, there's no point in posting screenshots of your trading gains when in the following trades you burn all your capital.
The Futures market is there to make you lose, and leverage accelerates this. Market makers are paid to make you lose your money by pushing the market in the opposite direction, and you, with your few thousand dollars, think you can beat an institution that has hundreds of millions of dollars? You're dreaming.
If you want to get into trading, know that it's possible, and some people make money from it: but it's a very long process that takes several years. Practice trading on demo accounts, set yourself a trading plan, learn how markets work, and maybe in a few years, you'll be profitable in the long run.
Before you've done that, don't even think about it. Forget about Futures if you're new to the crypto market.
Hoping that some will understand this and apply these tips.
This publication is my own opinion.
Thank you for reading.
If you liked it, don't hesitate to like, comment, share this post, and above all, subscribe, it helps me a lot. You can also tip me to support me financially, as it's my only way of being rewarded for teaching you as much as possible about the crypto market.
Livio P-V.
#Write2Earn #HotTrends #BTC
95% of people who have tried trading Futures have lost their money. It's a very bad idea. Don't try trading when you're not a trader, and don't think you're a trader just because you've made money investing in cryptos. People study for years to become traders: it's not for nothing, and if it were so easy, believe me, Futures wouldn't exist, simply because crypto exchanges would lose their money.
If you've made money in Futures trading for a few days, well done to you. However, this does not mean you're a trader. Being a trader means having a consistent, reasonable return that you can manage in the long term. If you can be profitable for 6 months in the crypto market without losing a significant portion of your capital (no more than 20%), then you can consider yourself good at trading. Without that, there's no point in posting screenshots of your trading gains when in the following trades you burn all your capital.
The Futures market is there to make you lose, and leverage accelerates this. Market makers are paid to make you lose your money by pushing the market in the opposite direction, and you, with your few thousand dollars, think you can beat an institution that has hundreds of millions of dollars? You're dreaming.
If you want to get into trading, know that it's possible, and some people make money from it: but it's a very long process that takes several years. Practice trading on demo accounts, set yourself a trading plan, learn how markets work, and maybe in a few years, you'll be profitable in the long run.
Before you've done that, don't even think about it. Forget about Futures if you're new to the crypto market.
Hoping that some will understand this and apply these tips.
This publication is my own opinion.
Thank you for reading.
If you liked it, don't hesitate to like, comment, share this post, and above all, subscribe, it helps me a lot. You can also tip me to support me financially, as it's my only way of being rewarded for teaching you as much as possible about the crypto market.
Livio P-V.
#Write2Earn #HotTrends #BTC
Has anyone got their eyes on in the last 2 days it 💥 booming about 14.9% . personally I'm hoon to my long position till it hits 0.49 expectations.
A possible post on stablecoin Stablecoins🪙
Stablecoins are a type of cryptocurrency that aim to maintain a stable value relative to another asset, such as a fiat currency, a commodity, or another cryptocurrency. Stablecoins are designed to overcome the high volatility of most cryptocurrencies, which makes them less suitable for everyday transactions and payments. Stablecoins can also offer some advantages over traditional payment systems, such as faster settlement, lower fees, and global accessibility.There are three main types of stablecoins, based on the mechanism used to stabilize their value:- Fiat-collateralized stablecoins are backed by a reserve of fiat currency, such as the U.S. dollar, held by a third-party entity. These stablecoins are redeemable from the issuer at a fixed rate and can be traded on exchanges. The most popular stablecoin of this type is Tether (USDT), which claims to be fully backed by U.S. dollars, although this has been disputed and fined by regulators¹.- Crypto-collateralized stablecoins are backed by a reserve of another cryptocurrency, such as Ethereum, held in a smart contract. These stablecoins are overcollateralized to account for the volatility of the underlying asset and are subject to liquidation if the collateral falls below a certain threshold. The most popular stablecoin of this type is DAI, which is pegged to the U.S. dollar and backed by various crypto assets².- Algorithmic stablecoins are not backed by any reserve, but instead rely on an algorithm that adjusts the supply of the stablecoin according to the market demand and price. These stablecoins are designed to mimic the function of a central bank, but without the need for any intermediary or collateral. The most popular stablecoin of this type is TerraUSD (UST), which is pegged to the U.S. dollar and uses a dual-token system to regulate its supply³.Stablecoins are an important innovation in the cryptocurrency space, as they offer a more reliable and convenient way to use digital assets for various purposes, such as remittances, e-commerce, DeFi, and more. However, stablecoins also face some challenges and risks, such as regulatory uncertainty, security breaches, governance issues, and market competition. Therefore, users and investors should do their own research and due diligence before using or holding any stablecoin.Some important keywords for this post are:- Stablecoin- Cryptocurrency- Volatility- Fiat-collateralized- Crypto-collateralized- Algorithmic- Pegged- Redeemable- Collateral- Liquidation- Supply- Demand- Price- Remittances- E-commerce- DeFi$BTC $ETH $BNB #Write2Earn #TrendingTopic
$ID is recently bearish 🐻📉, give most trader in the long positions headache 😞.
Nevertheless, let's keep fingers 🤌 crossed, I personally would keep my position open 📈 #Write2Earn #id
Nevertheless, let's keep fingers 🤌 crossed, I personally would keep my position open 📈 #Write2Earn #id
I can try to write a short article about stop loss in trading, but please note that this is not professional advice and you should do your own research before making any trading decisions.
Stop Loss in Trading: What It Is and How to Use It
Trading can be a rewarding but risky activity. One of the most important skills that traders need to develop is how to manage their risk and limit their losses. One of the tools that can help traders achieve this goal is the stop-loss order.
What Is a Stop-Loss Order?
A stop-loss order is an order that instructs your broker to automatically close your position if the price of the security you are trading reaches a certain level. This level is called the stop price and it is usually set below the entry price for a long position or above the entry price for a short position.
The purpose of a stop-loss order is to protect you from losing more than you are willing to risk on a trade. For example, if you buy a stock at $50 and set a stop-loss order at $45, you are limiting your potential loss to $5 per share or 10% of your investment. If the stock drops to $45 or lower, your stop-loss order will be triggered and your position will be closed at the best available price.
Types of Stop-Loss Orders
There are two main types of stop-loss orders: market and limit. A market stop-loss order becomes a market order to sell or buy once the stop price is reached. This means that your position will be closed at whatever price the market is offering at that moment. A market stop-loss order guarantees that your order will be executed, but not necessarily at your desired price.
A limit stop-loss order becomes a limit order to sell or buy once the stop price is reached. This means that your position will be closed only if the market price matches or is better than your limit price. A limit stop-loss order gives you more control over the price at which you exit your position, but it does not guarantee that your order will be executed.
#CryptoTrading" $BTC $BNB $SOL
Stop Loss in Trading: What It Is and How to Use It
Trading can be a rewarding but risky activity. One of the most important skills that traders need to develop is how to manage their risk and limit their losses. One of the tools that can help traders achieve this goal is the stop-loss order.
What Is a Stop-Loss Order?
A stop-loss order is an order that instructs your broker to automatically close your position if the price of the security you are trading reaches a certain level. This level is called the stop price and it is usually set below the entry price for a long position or above the entry price for a short position.
The purpose of a stop-loss order is to protect you from losing more than you are willing to risk on a trade. For example, if you buy a stock at $50 and set a stop-loss order at $45, you are limiting your potential loss to $5 per share or 10% of your investment. If the stock drops to $45 or lower, your stop-loss order will be triggered and your position will be closed at the best available price.
Types of Stop-Loss Orders
There are two main types of stop-loss orders: market and limit. A market stop-loss order becomes a market order to sell or buy once the stop price is reached. This means that your position will be closed at whatever price the market is offering at that moment. A market stop-loss order guarantees that your order will be executed, but not necessarily at your desired price.
A limit stop-loss order becomes a limit order to sell or buy once the stop price is reached. This means that your position will be closed only if the market price matches or is better than your limit price. A limit stop-loss order gives you more control over the price at which you exit your position, but it does not guarantee that your order will be executed.
#CryptoTrading" $BTC $BNB $SOL
Important terms in the crypto industry.
🪙💰Cryptocurrency is digital money based on a special digital software code.🪙♉Altcoins (alternative coin) are absolutely all cryptocurrencies except Bitcoin, i.e. all those that appeared after its creation.💵Fiat (from the Latin "fiat" - let it be) - this is the name of currencies (dollar, pound etc), which are issued by the state and are not backed by gold or other physical commodity.🟥🟩🟪🟨Blockchain - technology organizing a database consisting of a chain of blocks arranged according to certain rules. Each cell of a block carries information about the previous cell. This technology is based on the principle of decentralization, that is, the base is not in one place, and in all the computers of the system participants, which form a network. Thus blocks cannot be replaced or hacked because all computers would have to be hacked to do so.⛽Gas is the cost that is charged for a transaction. For the average user, it is like a commission.🪙A coin is a digital asset that is built on its own blockchain.For example, Bitcoin and Ethereum.🪙Tokens are also digital assets, but run on an existing blockchain.For example, USDT (Tether) runs on the Ethereum blockchain.⚒️Mining is the extraction of cryptocurrencies running on a blockchain network. Mining uses the computing power of a computer, a person does nothing with his hands. Someone who earns cryptocurrency this way is called a miner.🚜A farm is all the mining equipment that miners use to mine the cryptocurrency. It can be as huge facilities the size of several soccer fields, as well as home assemblies of a few video cards.📝A smart contract is a special program in a blockchain network run by all nodes and helps cryptocurrency owners interact with each other. All the terms and conditions of these contracts are written on the blockchain. No one can cheat, hack or bribe a user, thereby violating the terms of the smart contract.⚠️Scam - is when the project, ceases to fulfill its obligations to the investor.For example, if some bank "burst" and depositors lose money, it can be called the word "scam".👺NFT (non-fungible token) - a unique digital certificate, which is stored in the blockchain, guarantees the originality of the object and gives exclusive rights to it.💰Hodl (hold) - a strategy in which cryptocurrencies are held to the last, without selling them. Those who hold BTC until the last moment are called hodlers. The term first appeared in 2013 on the Bitcointalk forum. One of the participants in his post urged everyone to hold their Bitcoins to the last and made a mistake in the word hold ("hodl"), so the word "hodl" caught on.A hodler 🤏(holder) is an investor who holds his assets for any situation on the crypto market.🔺🅾️DeFi (Decentralized Finance) is a financial industry that is built on a blockchain without intermediaries or governing bodies.Simply put, DeFi makes finances available to anyone: users conduct transactions and solve financial issues directly with each other, rather than through intermediaries like banks and other regulatory organizations. Unlike a bank or brokerage account, DeFi requires no ID or proof of address.
Title: The Art of Trading: Navigating the Financial Markets.
Introduction:Trading in the financial markets is an exhilarating journey that offers both potential rewards and risks. Whether you are a seasoned trader or just starting your trading adventure, understanding the principles and strategies behind successful trading is essential. In this post, we will explore the art of trading and provide insights to help you navigate the financial markets effectively.1. Educate Yourself:Before diving into trading, it is vital to educate yourself about the different financial markets, such as stocks, forex, commodities, and cryptocurrencies. Learn about market dynamics, trading instruments, technical analysis, and fundamental analysis. Familiarize yourself with trading terminology and concepts to build a strong foundation.2. Develop a Trading Plan:A well-defined trading plan is crucial for success. Define your trading goals, risk tolerance, and preferred trading style (day trading, swing trading, or long-term investing). Set realistic expectations and establish clear entry and exit strategies. A trading plan keeps you disciplined and helps you make objective decisions in the face of market fluctuations.3. Risk Management:Effective risk management is paramount in trading. Determine the amount of capital you are willing to risk on each trade and set stop-loss orders to limit potential losses. Avoid overtrading and manage your leverage carefully. Diversify your portfolio to spread risk across different assets and be prepared for unexpected market movements.4. Technical Analysis:Technical analysis involves studying price charts and identifying patterns, trends, and indicators to make informed trading decisions. Learn to read candlestick charts, understand support and resistance levels, and utilize popular technical indicators like moving averages, RSI, and MACD. Combine technical analysis with other tools to enhance your trading strategies.5. Fundamental Analysis:In addition to technical analysis, understanding fundamental factors that drive market movements is crucial. Stay updated with economic news, corporate earnings reports, and geopolitical events that can impact the markets. Analyze financial statements, evaluate industry trends, and assess the overall health of the economy to make informed trading decisions.6. Emotions and Psychology:Controlling emotions is a significant challenge in trading. Greed and fear can cloud judgment and lead to impulsive decisions. Develop emotional intelligence and discipline to stick to your trading plan. Embrace losses as part of the learning process and avoid chasing quick gains. A calm and objective mindset is essential for successful trading.7. Continuous Learning and Adaptation:The financial markets are dynamic, and staying updated is crucial. Continuously expand your knowledge through books, online courses, webinars, and interacting with experienced traders. Adapt your strategies as market conditions change and learn from both successes and failures. Trading is an ongoing learning process.Conclusion:Trading in the financial markets is an exciting endeavor that requires knowledge, discipline, and continuous learning. By educating yourself, developing a solid trading plan, managing risks effectively, and utilizing technical and fundamental analysis, you can navigate the markets with confidence. Remember, successful trading takes time and practice, so be patient and persistent in your trading journey.
