Make Only Profits And No Losses In Crypto Margin Trades
I now smile every time I enter an Isolated Margin trade. I am sure I will come out with a profit and no loss, no matter how long I have to wait and no matter how little the profit. But these Crypto and Forex trading matters have really taken me on a merry go round over the years and I have blown some painful accounts and learnt the hard way. I have also developed some water tight win-win strategies that ensure I now smile after every trade. Experience is key. Here's a very fail-safe three-part s
Guide to Crypto Spot Trading on Exchanges like Binance, Coinbase and OKX
Spot trading involves buying low and selling high of cryptocurrencies for immediate immediate profit. It contrasts with futures trading, where contracts are settled at a future date. Key Factors Influencing Buy and Sell Decisions 1. Technical Analysis: Charts: Familiarize yourself with candlestick charts, which provide insights into price movements over different time frames. Support and Resistance Levels: Identify key price levels where buying (support) or selling (resistance) pressure ma
Bitcoin Set For A Breakout As Price Action Suggests A Bullish Outlook. Are You Ready To Catch The Ride?
A Bitcoin Breakout is recently being Confirmed in many authoritative quarters as price action Suggests Bullish Outlook
Bitcoin has continued to hold firm above $68,000 but has yet not been able to break through the critical $69,000 level. After weeks of bullish price action, the market is closely watching for confirmation of a breakout from the seven-month accumulation pattern that has built up significant momentum. This breakout is now a reality and fueling serious optimism among investors. What do you think. It's time think deeply and take a stand.
Related Reading: Bitcoin Shorts Surge On Binance – Bear Trap Or Downside Risk? As Bitcoin continues its climb, many anticipate a small retrace, followed by a strong bounce that could pave the way to challenge the all-time highs around $73,000. The key level to watch remains $69,000, and if BTC can maintain its strength above this price, a surge to new highs seems increasingly likely.
With the market brimming with optimism and the accumulation phase over, investors keep a close eye on upcoming movements, expecting the next big rally to take shape soon. #BTC #ETH #ADA #Folliw4more
A Step-By-Step Crypto Wealth Building Introduction
I am in a celebration mood as I write this piece because I have just moved forward in my quest in Binance. This is a step-by-step introduction to cryptocurrency Spot trading, Margin trading, and Futures trading and strategies for building wealth. In my next write up, I will take each of the approaches and dissect them in indepth.
1. Understanding Cryptocurrency Trading Types Spot Trading - Definition: Spot trading in cryptocurrency involves instant buying or selling cryptocurrencies at the curr
How to Start With Just $10 and Trade Your Way To $200 And More.
It is no longer necessary to have large funds before you can start forex or crypto trading online. Now you can easily start small and patiently grow your funds. Starting your journey in the world of cryptocurrency with just $10 can seem daunting, but with a clear strategy, discipline, and patience, you can gradually build your funds to $200 or even beyond. With current day technology and online exchanges that abound, it is easy to find one that will accept $10 initial deposit and let you start t
Some of The Most Popular Cryptos Investors Are Holding Right Now With Confidence
As of now, several cryptocurrencies have gained significant popularity among investors due to their market performance, use cases, and community support. Here are some of the most popular ones that have investors confidence: 1. Bitcoin (BTC): The first and most well-known cryptocurrency, Bitcoin is often referred to as digital gold. It remains the largest by market capitalization and is a staple in many investment portfolios. 2. Ethereum (ETH): Known for its smart contract functionality, Ethereu
Years of blowing accounts are painful, but not usually a waste. They toughen you and give you experience you can't buy in the market. You learn to avoid greed and how to take little funds and grow them patiently into a huge pirtfolio. Now read this experience. I used a very popular Bitcoin trading exchange that allows one to register within seconds with as low as $10 and start trading immediately. I deposited $50, did a critical study of the trading interface and the educational materials and gu
Top Spot Trading Strategies used by many to Make Profits
Here are ten effective spot trading strategies that traders often use to maximize their profits and manage risks: 1. Trend Following: Identify and follow the prevailing market trend. Traders look to buy when the market is bullish and sell when it’s bearish, often using indicators to confirm trends. 2. Swing Trading: This strategy involves holding positions for several days or weeks to capitalize on expected price swings or trends. It requires careful analysis of price patterns and market conditi
Understanding Charts And Technical Indicators For Successful Trading
Understanding Trading Charts And Technical Indicators To understand trading charts and technical indicators, let's break down the basics step by step. 1. Trading Charts Trading charts visually represent the price movement of an asset over time. The most common types are: - Line Charts: Connects closing prices over a specific timeframe. It's simple and good for observing trends. - Bar Charts: Displays opening, closing, high, and low prices for each time period. Each bar represents a specific time
Making money from crypto trading on Binance can be easier with the right strategies and knowledge. Here are some tips to help you get started: 1. Educate Yourself: Understand the basics of cryptocurrency, market behavior, and trading strategies. Familiarize yourself with technical analysis and chart patterns. 2. Create a Trading Plan: Establish a plan that outlines your goals, risk tolerance, and strategies for buying and selling. Stick to this plan to avoid emotional trading. 3. Start Small: Be
Yield farming in the cryptocurrency space involves lending or staking your crypto assets to earn rewards, often in the form of interest or additional tokens. Here’s a step-by-step guide to getting started: Step 1: Understand Yield Farming - What is Yield Farming?: Yield farming is the process of using your crypto assets to provide liquidity to a DeFi (Decentralized Finance) protocol and earn rewards. - Risks: Be aware of the risks involved, including impermanent loss, smart contract vulnerabilit
DeFi (Decentralized Finance) refers to a financial system built on blockchain technology that aims to recreate and improve upon traditional financial services (like lending, borrowing, trading, and earning interest) without intermediaries such as banks or brokers. DeFi applications are typically open-source and can be accessed globally, allowing users to maintain control over their assets. Key Components of DeFi: 1. Smart Contracts: Self-executing contracts with the terms directly written into c
Trade to Triumph: Join Binance Traders League 2024 and Share $10,000,000 in Rewards!
This is a general announcement from Binance Fellow Binancians, We are pleased to announce the inaugural Binance Traders League 2024, that caters to both novice and seasoned traders, offering various challenges through competitive community engagement. Trader Leagues features a substantial $10 million rolling total prize pool across both solo and team-based Spot and Futures trading leagues: The Spot Traders League features trading volume-based and ROI-based competitions. Participants will be rank
El Salvador President Discusses Bitcoin With Argentina Vice President
According to PANews, El Salvador's President Nayib Bukele recently revealed in a media interview that Argentina's Vice President has sought his advice on matters related to Bitcoin. This interaction highlights the growing interest and consideration of Bitcoin among global political leaders.
This piece caught my eyes from the Bitcoin News post, and my mind flashed back to when many world leaders and wise guys were chastising El Salvador's President for investing in Bitcoins. who is laughing last now ? Investment in crypto is highly risky, but with due diligence, it could turn out to be a life changing step. #BTC
We need to understand that “trading” cryptocurrency is a different intention from “buying” or “investing” in cryptocurrency. Trading cryptocurrency is considered to be cutting-edge and is based on an assumption that doing that is something that is in alignment with a technology mindset as opposed to trading Grains or Meat. It was the same some years back with trading currencies in the Forex market. Research has shown that trading cryptocurrencies is the same process of trading other financial ma
This buzz in the crypto world? Telegram coins mining is gaining momentum, with platforms like Hamster Kombat, Blum and Tapswap leading the charge! 🌐
Here are some key insights on how these innovations and their airdrops are affecting the crypto ecosystem:
1. Community Building: Telegram mining encourages community engagement. Projects like Hamster Kombat thrive on active participation, promoting strong user involvement and loyalty.
2. Airdrop Benefits: Airdrops are a game-changer! They provi
Emonotimi Agama, director-general of the Securities Exchange Commission (SEC), has disclosed that 50 cryptocurrency exchanges have applied for operational licenses in the country following the government’s change in stance on digital assets. The DG disclosed this during a fireside chat at the BusinessDay Blockchain Conference in Lagos on Wednesday. In August, the SEC announced that it had granted approval in principle to two Digital Asset Exchanges to begin operations under its Accelerated Regul
1. Bitcoin (BTC) Market cap: $1.1 trillion, Year-over-year return: 122%. Created in 2009 by Satoshi Nakamoto, bitcoin (BTC) is the original cryptocurrency. As with most cryptocurrencies, BTC runs on a blockchain, or a ledger logging transactions distributed across a network of thousands of computers. Because additions to the distributed ledgers must be verified by solving a cryptographic puzzle, a process called proof of work, bitcoin is kept secure and safe from fraudsters. Bitcoin’s price has
Goldman Sachs Issues Huge Federal Reserve's Crash Warning
Bitcoin has been struggling over the last month as the bitcoin price hovers on the verge of a critical tipping point. The bitcoin price has almost doubled since the beginning of 2024 but has lost momentum in recent months as traders panic over the Federal Reserve's plans for monetary policy. Now, as the Fed has been warned of a U.S. dollar crisis that risks spiraling into "total collapse," Goldman Sachs analysts have issued a warning that this week's closely-watched jobs numbers could spark a st
The market is on deep and lots of Crypto coins prices have gone down. Also at this point many have been taken unaware and found themselves losing money or getting Liquidated. Well, either they didn't look well, or they didn't move with care or they let greed push them into jumping into the market at the wrong time and in the wrong direction. Which ever way it went, take heart, learn and be more careful and strategic in future. For now, prices are down, look for your strategic trusted coins and begin to buy with care. I assure you that with time the prices will move up and you will surely take good profits. Do your market research well before you jump in. Trading is a risky business. Only the disciplined will succeed. #ADA #SOL #BNB #Folkiw4more
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