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In the world of patient traders, there are two kinds: 1. The first type buys when prices are soaring, only to hold on tightly as the market dips, waiting months—sometimes up to 6—just to get back to where they started. 2. The second type takes a smarter approach. They sit back during the hype, waiting for that perfect drop. Once the price falls, they jump in, knowing patience will lead to profits. Which trader are you?

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Internet access in Kenya is slowed down after countrywide protest against the government Finance Bill 2024 passed by the KE parliament. Binancians are struggling to operate their trading activities on low internet service.

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Blaming your village people or external factors for your failures may hinder your personal growth and success. Here are five tips for successful crypto trading: 1. Educate Yourself: Gain a deep understanding of how cryptocurrency markets work, including technical analysis, risk management, and market indicators. Stay updated with the latest news and trends. 2. Start with a Plan: Develop a well-defined trading plan outlining your goals, risk tolerance, and strategies. Stick to your plan and avoid impulsive trading decisions driven by emotions. 3. Risk Management: Set a clear risk management strategy that includes stop-loss orders and position sizing. Limit the amount you are willing to risk on each trade to protect your capital. 4. Choose a Reliable Platform: Research and select a reputable cryptocurrency exchange or trading platform that offers security, user-friendly interface, and adequate liquidity for your trading needs. 5. Continuous Learning: Crypto markets are highly dynamic and constantly evolving. Stay curious and never stop learning. Adapt to market changes, learn from both successes and failures, and refine your strategies accordingly. Remember, success in crypto trading requires patience, discipline, and continuous learning. It's essential to take responsibility for your own decisions and actions rather than blaming external factors.

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PROFITABLE TRADING GUIDE 1. Education: Start by gaining a solid understanding of cryptocurrencies, blockchain technology, and how cryptocurrency markets work. Learn about different cryptocurrencies, their use cases, and market trends. 2. Research: Study and analyze various cryptocurrencies and their potential for growth. Consider factors such as market capitalization, trading volume, team behind the project, partnerships, and news surrounding the cryptocurrency. 3. Choose a reliable cryptocurrency exchange: Select a reputable and secure cryptocurrency exchange platform where you can buy, sell, and trade cryptocurrencies. Ensure the exchange supports the cryptocurrencies you are interested in trading. 4. Develop a strategy: Decide on a trading strategy that suits your goals and risk tolerance. Strategies could include day trading, swing trading, or long-term investing. 5. Risk management: Set a budget for your cryptocurrency trading and only invest what you can afford to lose. Diversify your portfolio to spread risk across different cryptocurrencies. It's also advisable to set stop-loss orders to protect your investments from significant losses. 6. Technical analysis: Familiarize yourself with technical analysis indicators and chart patterns. They can help you identify trends, price levels, and potential entry or exit points for trades. 7. Stay updated: Keep yourself informed about the latest news, regulations, and market trends in the cryptocurrency world. News about a specific cryptocurrency or industry developments may influence prices and market sentiment. 8. Practice and start small: Consider using a demo trading account or start with small amounts of money until you gain confidence and experience. Remember, cryptocurrency trading involves risks, and the market can be highly volatile. It's essential to do thorough research, understand the risks involved, and seek advice from financial professionals if needed. Article by Jeff Hasuvi.

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