Hello dear friends, Hope you all are doing very good, $HIGH is looking to reward those who bought at high rates and then held it tight. it is now +6.09% when am writing this post higher a little while ago. who want to earn money can start purchase but with caution as this is crypto which need from it's trader to have a little homework by them selves instead of looking for other people to spoon feed them. stay blessed and earn profits. #Write2Earn!
#Write2Earn! ##Megadrop Hello my dear friends, I was thinking on how can help my friends with my writing so I decided to start for my new friends and or those who have not completed their home work before starting trade here on Binance let's start with the very basic lesson.
Trading on Binance can seem overwhelming, but understanding the interface and basic order types makes it manageable. Navigate to the "Trade" section and select either "Classic" or "Advanced" view. The left side shows trading pairs like BTC/USDT. Selecting a pair brings up its price chart in the center for analysis.
The order book on the right displays buy (green) and sell (red) orders. The middle price is the current market price.
For orders, you can use market orders, which execute immediately at the current price, or limit orders, which execute at a specified price. Market orders are quick but can be affected by volatility. Limit orders provide more control over execution prices.
Stop-limit orders combine stop and limit orders, executing at a set price when a stop price is reached, ideal for setting stop-losses or take-profits.
Risk management is crucial. Use stop-loss orders to protect your capital and diversify your investments to spread risk. Stay informed about market news, as it can impact prices.
Start with small amounts if you’re new, increasing investments as you gain confidence. Understanding these basics of spot trading on Binance will help you make informed trading decisions.
Hope you had enjoyed it and had some basic information from it, please do tell me.
Hello dears, Hope enjoying the bearish market, everyone who has usdt can purchase at dips and can make more money. Yesterday I deposited fresh money in Binance but could not take risk so bought $BNB at 585 and 579 which is increasing , moreover it shall increase during launching new coin. it seems to me a good option, experts can guide me for action wether right or wrong.
Amazing come back by $NOT As from the start of this coin earned a little income but when invested a little higher price it dumped and get continuously on downward, was very angrily sold my 50% amount and waited, yesterday when it reached the limit on .006 sold rest of my coins as to recover my usdt on loss as well, but later I regret when it gradually but speedy travelled to .0085 level. I slept as it was very late night time but when woke up today it had touched .0088 , now I am investing again in it, maybe it turn to a new $PEPE . #Write2Earn! #$NOT
$PEPE is successfully making people richer, it's volume crossed 1 billion , I am thinking about focusing more on$PEPE for long term and short term spot trading NOT done very bad trick as it dump with $BTC but did not pump again with BTC which by my opinion a theft on investors' money, what do you say experts. #Write&Earn
Hi All After very long time being away from crypto I restarted trading on 30th March this year, on 1st April a friend of mine told me about $ENA launching from Binance ,I made good profit from $ENA but stuck in high price 1.97, lost all my profit during switching to usdt for getting some money to retrading , during this time I read the articles about the whales who captured $ENA but despite of keeping these coins there is no sign of pump, since one week am trading in $PEPE and getting prof #Memecoins #Write&Earn
Market is low Dear fellows there was a huge publisty for$BTC halving, many novice and medium level crypto traders had a concept that the market after halving will go up but it acted inversely , can any of our senior fellow Binance friends guide us on trading in Binance or crypto . #Wrire2Earns
$ENA is on his old track Now a bullish trend from almost all coins $ENA was on his own pace I think this coin is worth .5 to .8 just trade short on spot trade.
Simple Calculation Dear Friends everyone is here make himself a professor of crypto and giving for novice like me. Remember if you want to trade you must know maths first. Here is a big debate going on $ENA and daily they say hold it tight or don't sell etc. I took profit in the beginning of this coin but after a few days I stuck in it's price 1.94 after which the coin gradually came , when realized that this will not go up and have not usdt with me sold 50% @1.5 the purchased low price and sell short and improved. here is a small calculation 20$x.780= 20$x.880= same do yourself with $50 and so on you shall never loose. if 20 usdt purchase don't go up buy more with lesser price with the same amount and sell on low profit you shall easily earn 10 to 50 döller according to your investment . take care
Hi all Hope all the crypto family is doing well,I have a question from some times that why all the coins are linked to $BTC as when it pumps all coins pump and when it dumps all the coins dump. If experts explain it for us novice people it would be good for us to learn .
$ENA is showing nothing but a mule walk with respect to $BTC check trend today, a disappointed reaction ,I am taking position to withdraw funds with less losses and keep some 10% with the hope that it may go to 2 or onward in near or far future.
If cryptocurrency prices fall to historic lows, there are a number of approaches you can consider, depending on your investment goals and risk tolerance:
Hold (if you're a long-term investor):
This strategy is suitable if you believe in the long-term potential of cryptocurrency and are comfortable waiting for the market to recover. Historically, crypto has experienced significant price swings, but major coins like Bitcoin and Ethereum have bounced back from crashes. Dollar-Cost Averaging (DCA):
If you're a long-term investor with some spare cash, consider DCA. This involves investing a fixed amount of money into your chosen cryptocurrency at regular intervals, regardless of the price. This can help average out your purchase price over time and potentially benefit from lower prices now. Increase Investment (if you're a high-risk investor):
This aggressive approach is only suitable for investors with a high tolerance for risk and a long-term investment horizon. It involves adding more to your existing holdings at a discount, potentially amplifying your gains when the market rebounds. However, exercise extreme caution – the market could decline further. Sell and Rebalance (if you need the money):
If you invested more than you can afford to lose, or if you need the money in the short term, selling some or all of your holdings might be necessary. Consider rebalancing your portfolio towards more stable assets to manage risk. Stay Informed and Research:
Regardless of your chosen approach, stay informed about market developments and the underlying projects behind your chosen cryptocurrencies. Research potential reasons for the price drop and assess if your investment thesis remains valid. Here are some additional tips:
Don't Panic Sell: Avoid emotional decisions based on fear. Panic selling during a downturn can lock in losses. Focus on Fundamentals: Look beyond the price and consider the project's development, team, and long-term goals.
Hello Dears, As for as the market's concern all the market is dump. I am a student of crypto since 2020 guess , but have money often recently on 31st march started from 88.89usdt , I started as the $ENA launched my capital increased 128usdt I sold 20usdt now due to yesterday dump my total came down to 91 usdt due to my wrong purchase of $ENA , I purchased against the formula 30%+30%+40% but still had some 50usdt for backup but due to hard dump I left only 18 usdt which were not sufficient to meet the purchase for backup, my last two purchases were @1.18 and 1.08 sold 25% of my total purchase when rate went to 2.48 and gained some more capital for recovery I have 50 usdt and confident for my trade and recovery. have now. conclusion: Please follow the formula 30% initial purchase of your total invest ment followed by more 30% when market came down and rest of 40% with little investments for followup, this rrule learnt from this forum I am sorry I forgot the name of the member who posted this formula.
آداب ، میرے محترم بائیننس کے دوستو ، ہم میں سے کچھ عید کی خوشیاں منا رہے ہوں گے ان کو دلی عید مبارک۔ امید ہے $ENA کو انجوائے کر رہے ہوں گے ، میں نے ایک کلیہ اپنایا ہے اور الحمدللہ منافع میں جا رہا ہوں ، اپنی انویسٹمنٹ کو ٹکڑوں میں انویسٹ کریں اور وقفہ ایک گھنٹہ رکھیں ہر انویسٹمنٹ کے درمیان۔