example of how to earn $10 daily in ETH spot trading with a $300 balance, assuming ETH’s price is $2,400:
Step-by-Step Example: Capital: $300 ETH Price: $2,400 With $300, you can buy 0.125 ETH ($300 ÷ $2,400).
Trade Scenario: Buy 0.125 ETH at $2,400 = $300. You wait for the price to increase by 1%. In this case, the ETH price will rise by $24. New ETH Price: $2,424 (after a 1% increase). Sell ETH at $2,424:0.125 ETH × $2,424 = $303. Net Profit:$303 (after selling) - $300 (initial investment) = $3 profit.
To Make $10 Daily: Since a 1% price movement gives you a $3 profit, you would need to make 3 or 4 similar trades during the day to hit your $10 goal. Key Considerations:
Watch for volatility: ETH can fluctuate by 1% multiple times a day, so you can place multiple trades.
One of the most amusing theories was that Satoshi Nakamoto is a time traveler who came back to 2008 to prevent some kind of catastrophic economic collapse in the future. This theory humorously ties into the fact that Satoshi’s posts always sounded a bit futuristic or prophetic about the nature of money, privacy, and the flaws in the financial system. Some Bitcoin enthusiasts joked that Satoshi knew about a "financial apocalypse" from the future and went back in time to launch Bitcoin as a sort of "cyberpunk rescue mission." $BTC
On December 12, 2010, Satoshi made what’s widely considered their last public post. Just before they went silent, Satoshi mentioned they were moving on to other projects, which fueled endless theories. One hilarious theory? Some Redditors joked that Satoshi "retired to pursue a career as a sushi chef," explaining their new anonymity. Others imagined that Satoshi got tired of watching crypto Twitter chaos unfold and decided to escape somewhere peaceful to "live like a crypto monk." $BTC
example of how to earn $10 daily in ETH spot trading with a $300 balance, assuming ETH’s price is $2,400:
Step-by-Step Example: Capital: $300 ETH Price: $2,400 With $300, you can buy 0.125 ETH ($300 ÷ $2,400).
Trade Scenario: Buy 0.125 ETH at $2,400 = $300. You wait for the price to increase by 1%. In this case, the ETH price will rise by $24. New ETH Price: $2,424 (after a 1% increase). Sell ETH at $2,424:0.125 ETH × $2,424 = $303. Net Profit:$303 (after selling) - $300 (initial investment) = $3 profit.
To Make $10 Daily: Since a 1% price movement gives you a $3 profit, you would need to make 3 or 4 similar trades during the day to hit your $10 goal. Key Considerations:
Watch for volatility: ETH can fluctuate by 1% multiple times a day, so you can place multiple trades.
Set entry and exit points: Use limit orders to buy and sell at the right time to hit your 1% target. #ETH🔥🔥🔥🔥 #etherreum #BinanceSquareFamily $ETH
example of trading Ethereum (ETH) using an OCO strategy over 10 trades, where you have a 50% win rate(5 wins, 5 losses). In this example:
Take-profit at 1% increase in price. Stop-loss at 0.5% decline in price.
Each trade still involves 1 ETH at the entry price of $2,600.
Profit from the 5 Winning Trades: For each winning trade, you make $26. Total profit:130$
Loss from the 5 Losing Trades: For each losing trade, you lose $13. Total loss:65$
Final Outcome:Net profit = Total profit from wins – Total loss from losses = $130 – $65 = $65 net profit after 10 trades. #ETH🔥🔥🔥🔥 #BinanceSquareFamily $ETH
example of how to earn $10 daily in ETH spot trading with a $300 balance, assuming ETH’s price is $2,400:
Step-by-Step Example: Capital: $300 ETH Price: $2,400 With $300, you can buy 0.125 ETH ($300 ÷ $2,400).
Trade Scenario: Buy 0.125 ETH at $2,400 = $300. You wait for the price to increase by 1%. In this case, the ETH price will rise by $24. New ETH Price: $2,424 (after a 1% increase). Sell ETH at $2,424:0.125 ETH × $2,424 = $303. Net Profit:$303 (after selling) - $300 (initial investment) = $3 profit.
To Make $10 Daily: Since a 1% price movement gives you a $3 profit, you would need to make 3 or 4 similar trades during the day to hit your $10 goal. Key Considerations:
Watch for volatility: ETH can fluctuate by 1% multiple times a day, so you can place multiple trades.
Set entry and exit points: Use limit orders to buy and sell at the right time to hit your 1% target. #ETH🔥🔥🔥🔥 #etherreum #BinanceSquareFamily $ETH
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Scalping with a stop-loss is a trading strategy that allows traders to limit potential losses while taking advantage of small price movements.
Here's how it works, including an example:
What is Scalping with Stop-Loss?
Scalping: This is a short-term trading strategy where traders aim to profit from small price changes.
Scalpers typically make many trades throughout the day.
Stop-Loss: This is a risk management tool that automatically sells an asset at a predetermined price to limit losses.
Example Scenario with ETHMarket Setup:
The current price of 1 ETH is $2,600.
You decide to buy 1 ETH with the intention of scalping. Setting the Stop-Loss:
You place a stop-loss order at $2,590.
This means if the price drops to $2,590, your ETH will be sold automatically to limit your loss.
Scalping Process:
First Trade:
You buy 1 ETH at $2,600.After a few minutes, the price rises to $2,605.
You decide to take profit and sell 1 ETH at $2,605, making a $5 profit.
Second Trade:
You re-enter the market and buy 1 ETH again at $2,600.You set the same stop-loss at $2,590.
The price starts moving up and reaches $2,610.You can decide to adjust your stop-loss to $2,605 to lock in profits in case the price reverses. #ETH🔥🔥🔥🔥 $ETH
The DAO Hack: How a $50 Million Heist Split Ethereum into Two Blockchains
In 2016, the DAO, an ambitious decentralized project, raised over $150 million in Ethereum. However, a hacker found a flaw in its code and stole around $50 million worth of Ether. This caused a major debate in the Ethereum community about how to recover the funds. The solution was a hard fork, which split the blockchain into two: Ethereum (ETH) and Ethereum Classic (ETC). This event became a turning point in the history of blockchain governance. $ETC #Dyor2024 #BinanceSquareFamily
Celsius Network Crash: Billions Lost as Crypto Lending Giant Freezes Withdrawals and Files for Bankruptcy
Celsius Network was a popular platform where users could deposit their cryptocurrencies and earn interest. But in June 2022, the platform froze all withdrawals after facing a liquidity crisis—it didn't have enough funds to pay back users. By July, Celsius filed for bankruptcy, leaving billions in deposits locked up. The company had invested heavily in risky assets, and when the market crashed, it couldn't meet customer demands, highlighting the dangers of unregulated crypto lending platforms. #Dyor2024 #BinanceSquareFamily
FTX Collapse: How One of the Largest Crypto Exchanges Crumbled Amid Scandal in 2022
In November 2022, FTX, a major cryptocurrency exchange founded by Sam Bankman-Fried, collapsed due to accusations of mismanagement, insolvency, and misuse of customer funds. The crash shook the entire crypto industry, sparking demands for stricter regulations and better investor protections. #BinanceSquareFamily $FTT
Terra/Luna Crash: How a Stablecoin Failure Wiped Out $60 Billion and Shook the Crypto Market:
In May 2022, Terra (LUNA) and its stablecoin TerraUSD (UST) collapsed when UST lost its peg to the US dollar. This failure wiped out over $60 billion in market value, triggering panic throughout the crypto world. The crash severely damaged trust in algorithmic stablecoins and had a lasting impact on the broader cryptocurrency market. #BinanceSquareFamily #Dyor2024 $LUNA
The QuadrigaCX Mystery: $190 Million Lost as Founder Dies with the Only Passwords:
In 2019, Canada’s largest crypto exchange, QuadrigaCX, collapsed after its founder, Gerald Cotten, allegedly died in India, taking the only passwords to $190 million worth of cryptocurrency with him. It later emerged that the exchange had been mismanaging funds for years, leaving thousands of users without access to their money. The strange circumstances of Cotten's death raised doubts, making this one of crypto’s most mysterious and controversial failures. $BTC #BinanceSquareFamily #Dyor2024
The Bitconnect Scam: How a Crypto Ponzi Scheme Promised Fortune and Left Investors Broke:
In 2018, Bitconnect collapsed after luring investors with promises of huge daily returns—over 1% per day—through an alleged trading bot. It turned out to be a classic Ponzi scheme, where early investors were paid with the money from new ones. Regulators eventually shut it down, but by then, billions were lost, and many people faced financial ruin. The Bitconnect scandal is now a key warning about the dangers of "too good to be true" crypto schemes. #Dyor2024 $BTC
The Mt. Gox Meltdown: How the World's Largest Bitcoin Exchange Lost 850,000 BTC and Shook the Crypto World.
In 2014, Mt. Gox, which handled over 70% of all global Bitcoin transactions, collapsed after losing 850,000 Bitcoins—then worth $450 million. The exchange cited a massive security breach, leaving thousands of investors devastated. This event marked one of the most significant failures in cryptocurrency history, revealing the vulnerabilities and lack of regulation in the rapidly growing crypto market. #Dyor2024 $BTC