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Looz_crypto
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đąUnderstand leverage đThe idea of borrowing funds on margin or futures to make larger gains can sound attractive. However, with this comes the risk of being liquidated and losing all your capital quickly, as your losses are enlarged too. đ”Liquidation isnât necessarily bad if you stay within your limits. However, losing more than you planned or risking too much money isnât responsible trading. Before you start using leverage, make sure you understand exactly how it works. đŁYou may have seen leverage displayed as a multiplier like 10x, multiplying your initial capital by 10. $10,000 leveraged 10x gives you $100,000 to trade, and your initial capital is used to cover your losses. Once your capital runs out, the exchange liquidates your position. đŁLeverage trading can be used irresponsibly. It has a much higher risk, so make sure to carefully study Coin-Margined Futures and USDT-Margined Futures to understand the risks fully. @Looz_crypto #LeverageRisk
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Why do I need diversification? Asset diversification is an investment strategy in which you allocate your assets in various areas to minimize the risk of loss. If one of your coins in your portfolio starts to fall, your portfolio can remain stable (or even show profits) at the expense of other coins. In crypto, diversification is crucial. Since digital assets are extremely volatile, investing in just one coin can cause huge losses. Moreover, it is recommended to diversify even stablecoinsâjust in case one of them suddenly collapsesâyou donât lose all your money. @Looz_crypto #DiversifyYourPortfolio #LearnTogether
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What is play-to-earn, and what do I need to know about it? The blockchain industry has had a profound influence on many aspects of our lives over the past few years. In the gaming sector, blockchain technology introduced a brand-new form of entertainment. Gamers will be familiar with a modern concept of gaming, called pay-to-play, which means you have to buy the game to play. However, blockchain made possible a new gaming model called play-to-earn (P2E), where gamers can earn crypto or NFTs by playing the game. Although the idea sounds promising on paper, the reality is that it isnât simple or easy to earn significant sums from P2E games. Many projects require large up-front costs, others are aggressive and unfair with their tokenomics, and some are outright scammers. @Looz_crypto #LearnTogether
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#BTC $BTC Bitcoin has broken out of a descending triangle pattern after a period of consolidationđââïž Currently facing resistance at the ma 200, which is acting as a key barrierđ» The ma 100 is providing support just above the triangleđș A successful retest and hold above the triangle could confirm a potential upward movementđ @Looz_crypto
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is this humain participation.... #5BNBGame @richardteng @Binance_Customer_Support
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