Pyramiding is a trading strategy that involves adding to a profitable position as the price moves in your favor, while simultaneously taking actions to protect profits, such as using stop orders and gradually moving them closer to the quote as the trend develops.

⚠️ The most common types of scam in Telegram: how not to fall for scammers’ tricks ⚠️

📩Letter to PM
In 99% of cases, if a stranger writes to you, it is a scammer. They may pretend to be supportive or offer help if you have shared a problem in some chat room. Administrator nicknames are often faked. Always check your nickname with the official channel. Remember: admins will never be the first to write with a request to buy something, transfer money or follow a link!

🔗Phishing links
Unverified links from unofficial sources may be malicious. They can steal your data or infect your device with a virus.

🗑NFT trash
If you find a bunch of junk NFTs in your wallet with the promise of mountains of gold, don't interact with them. This is a trick of scammers. Ignore such “gifts” and do not give in to provocations.

💬Transaction letters
When sending transactions, the scammer can write a comment about the drop and attach a link. Never follow such links or connect your wallet. This could lead to your funds being stolen.

🤡Spammers in chats
Messages with an airdrop button leading to fraudulent sites, calls to join closed channels, clubs, or receive signals are all tricks of scammers.

🔒 How to protect yourself?
- Be vigilant.
- Control your emotions and use common sense.
- Follow basic security: don't share personal information, don't click on suspicious links, and don't trust strangers.

🌐 Screenshots with seed phrases and funds in the wallet
Do not enter this phrase anywhere, there is no money for commission and when you want to replenish your wallet, a bot will work and write off all incoming funds.

🥸Access to courses/books/trainings
This is a way for scammers to scam you out of money, and not a gesture of goodwill. There is no need to write to them or follow their links.

Be on the lookout and develop crypto security ⬇️

🟥save and send to a friend!
$SOL $NOT $SHIB
P.s. Dropworld1
#ScamRiskWarning #scam #traiding #newscrypto #Wallet

A rally is an intense and rapid price increase of an asset over a short period. It is often accompanied by strong interest from investors, high trading volume, and significant price movements. A rally can occur both in a bull trend and for specific reasons such as news, economic events, or technological developments.

#Binance #Traiding #BİNANCE
Trading in financial markets attracts beginners because of the promise of quick profits. The main factors that influence this include:
1. Overpromising
Many companies advertise high profits in a short period of time, which tempts beginners who have no experience.
2. Emotional component

Here are 5 books that can help you learn how to trade crypto:

"The Crypto Trader" by Glen Goodman: This book is a practical guide that covers the basics of trading, including technical analysis and risk management. It also includes interviews with successful traders and their strategies.

"Trading Cryptocurrencies: A Beginner's Guide" by Clem Chambers: This book provides an introduction to cryptocurrency trading, including how to read charts and identify trends. It also covers risk management and trading psychology.

"Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond" by Chris Burniske and Jack Tatar: This book provides a comprehensive overview of the cryptocurrency landscape, including how to analyze and invest in different cryptocurrencies.

"The Bitcoin Standard" by Saifedean Ammous: While not specifically focused on trading, this book provides a deep understanding of Bitcoin and its underlying principles. It can help you make informed investment decisions and understand the long-term potential of cryptocurrencies.

"Technical Analysis of the Financial Markets" by John J. Murphy: This book is a classic technical analysis guide that can be applied to trading cryptocurrencies. It covers topics such as chart patterns, indicators, and market trends.

Remember that trading cryptocurrencies can be risky, and it's essential to do your own research and invest only what you can afford to lose. These books can provide valuable insights and guidance, but it's crucial to develop your own trading strategy and risk management plan.

#Binance #LearnCrypto #traiding #trade #BTC

If you want to become a successful trader, it's important to understand not only price movements but also trading volumes. One of the most popular indicators for volume analysis is OBV (On-Balance Volume). Despite its complicated name, using it is quite simple. Let’s figure out what it is and how to apply it to find the best moments to enter and exit trades.

If you are already somewhat familiar with cryptocurrency and trading, then you have most likely heard of the term footprint. It is one of the tools that helps traders understand what is happening in the market in real time. But what exactly does it show, how does it work and why is it worth paying attention to?

If you have just started learning trading, you have likely already encountered terms like 'breakout' and 'reversal'. These strategies are quite popular and help traders find entry points in the market. Let's break down what they are and how to use them in the simplest and clearest way.

Fundamental analysis is a way to assess the value of an asset (e.g., cryptocurrency, stock, or company) based on examining its fundamental characteristics, not just its price. Its goal is to understand whether the asset is overvalued or undervalued and to use this information to make buying or selling decisions.

1. What is Fair Value Gap (FVG) in trading?
Fair Value Gap (FVG) — an imbalance in price movement that occurs as a result of a sharp jump in liquidity, where one side (buyers or sellers) dominates the transaction. On a chart, this imbalance is displayed as "empty space" between consecutive candles. FVG is often used in trading to find entry and exit points, as price tends to return to these zones to "fill" the imbalance.

Momentum trading is one of the most popular strategies in financial markets. Its essence is to catch the moment when the market is actively moving in one direction and to extract profit from that movement. When the price starts to rise or fall sharply, a so-called momentum often arises, which can last for some time.

Knowledge of popular chart patterns helps traders make more accurate predictions. On the Binance platform, you can use these patterns for analysis and trading decisions.
Head and Shoulders
What is it?
The 'Head and Shoulders' pattern signals a possible trend reversal. It consists of three peaks — two shoulders and a head. When it appears after an uptrend, it may indicate that the price will reverse downwards.

When it comes to financial markets, you have probably heard terms like bear market and bull market. These are two opposite states of the market, and you can successfully earn in each. Let's break it down as simply as possible ☺️
What is a bear market?
A bear market is a period when asset prices are falling, and market participants are pessimistic. The term "bear" originated because a bear attacks by swiping its claws downward, just like prices on a chart.

Scalping is a trading style where profit is derived from minimal price fluctuations. This strategy is suitable for those ready to work at high speeds and enjoy short-term trades.

Why scalping?

⚡ Quick profits on small movements.
🔒 Independence from long-term trends.