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DON’T SKIP!! READ TO CHANGE YOUR LUCK!! SPECIALLY NEW TRADERS.. As an seasoned trader, i have been keeping a close eye on crypto and stock markets for many years now, still, i also make mistakes. A few incredibly important tips i can advise: 1. TRADE ‘ISOLATED’ OVER ‘CROSS’ With the volatility of cryptocurrency if the candle pattern ever moves in the opposite direction to what you wanted you will only lose your margin amount. 2. ALWAYS APPLY AN STOP LOSS However great you read graphs, whatever pattern recognition you apply to your trades, there is no guarantee, always secure yourself with a stop loss to an amount you are comfortable losing. 3. CHOOSE AN LOW LEVERAGE The thing with leverage is as tempting as it feels to choose an high number and make more money, you also have an closer liquidation price, it is better to take a lower profit than to lose everything or get stopped just for the price to turn in the opposite direction. 4. BE PATIENT Once you make an educated decision in a trade, stick to your original position, rarely it benefits to cash out early, otherwise stick to your guns and hold until you reach them targets. 5. DO YOUR OWN RESEARCH There are MANY ‘traders’ online, from youtube to X to instagram and even here on the Binance home page giving ‘advice’ or ‘tips’ or (most popular) ‘signals’. Im not saying ignore them completely because sometimes it’s helpful but don’t blindly follow what they suggest, do your own research and double check every trade before engaging. And the MOST IMPORTANT tip i can give 5. KNOW WHEN TO STOP This has been the main reason whenever i have lost money, especially if i have hit a few losses i mostly used to try and get back the money i lost by continuing to gamble against the odds, learn from my mistakes and set yourself targets or an goal for the day and once you reach it, STOP, the crypto market is ALWAYS open so u can trade 24/7 but just like in the casino the more you do the higher your chances of losing. If you read down to here, like, follow and comment ‘TRUTH’
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…BINANCE SUED IN CANADA?!… Even after Binance announced its departure from Canada in May 2023, local authorities have continued to investigate the exchange. Ontario’s Superior Court of Justice published a certification motion on April 19 2024 for a class-action lawsuit against Binance alleging that it sold crypto derivative products to retail investors without registration. Binance is a major global cryptocurrency exchange accounting for 58% of the total spot trading volumes among centralized exchanges as of March 2024. Apart from its leading position as a major spot crypto trading venue, Binance also operates the biggest derivatives market among other exchanges like Bybit and OKX. Even after Binance announced departure from Canada in May 2023, local authorities have continued to crack down on the exchange. “The OSC’s investigation into the defendants is ongoing,” the court motion reads. What could this mean for Binance and for the people who are using this platform?? What are your thoughts on canada bringing up old news to meddle with Binance?? Comment your thoughts and feelings below
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#FACTS It seems $BTC is entangling with an strong resistance around the $67,800+ area, set an alert for $68,500 then go do something else. You need to learn to let your ‘crypto brain’ rest from time to time, you will only drive yourself mad. Peace ✌🏽
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#BullorBear I have been quite recently because of the current situation of the market. Here is what i have observed: due to the current economics worldwide there is alot of FEAR circulating. Best advice i can give everyone right now is to be patient, don’t dive into any crazy positions or open any high leverage positions in an last ditch attempt to make back any capital you may have lost. I will be back with more information on how to help you all as soon as i am able to, #follow me to not miss out, spread the news, god give us strength and guidance.
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📊 $RNDR looking good rn 📊 Buy LONG 📈 Leverage x7/8 (above $200) or x12/15 (below $200) SL - 8.85 TP - anywhere above 9.36 ATTENTION!! Do your own research to be on the safe side I am NOT an financial advisor 😇 #RNDR #FUTURES #SIMPLE #FOLLOW
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