You are in the spot
When you are exchanging one currency for another on Binance, you have three options:
1. _Market_: You exchange the currency at the current market price.
2. _Limit_: You set a limit price to exchange the currency. The operation is executed when the market price reaches that limit.
3. _Recurring_: You schedule the purchase of the new currency at regular intervals (daily, weekly, monthly, etc.).

It is important to note that, in market, the default option tells you that there is no commission.... but after making the exchange, there may be a significant difference between the purchase price and the average price of the currency. This is due to the commissions and the spread (the difference between the buying and selling price) that the platform applies.

For example, if you exchanged a currency when its price was 3.60, the average purchase could be 4.00 or more. This difference can be significant, especially if you are trading large amounts or small ones since perhaps that currency goes up 30% and you will never get your calculations right.

It is important to remember that exchange platforms, like Binance, need to generate revenue to maintain their operation. Commissions and spreads are a way to cover the costs of the platform.

I hope this information is useful to you. Research on your own, see if I'm lying or mistaken 😉 then don't go crying saying I buy and it goes down... I sell and it goes down and feel like the market is against you. That’s why it’s good to study, learn, and be able to trade at a higher level so you can trade like a successful professional. P.S. I still haven't achieved it 🤣🤣🤣🤣

#TopCoinsSeptember see for yourselves $BTTC falls and I keep winning, blocked 120 days earned APR at 7.7%, this way I will maintain for 5 or 10 years, don't despair and if you can buy and buy more

🙏 OPPORTUNITY IS WAITING 🙏

At this stage, many investors are probably very bored as the market goes up and down in a small range in a cat-and-mouse style. If you buy, you're afraid the price will drop sharply. If you don't buy, you're afraid of losing the opportunity, and many investors have to struggle. The mindset leads to fatigue and the decision to exit, accept losses and leave the market, just like the scenario sharks and creators like.

In fact, if you have a plan from the beginning, you will have the steadfastness and patience to wait according to the proposed plan. So when the market is in a boring period like this, instead of surfing the market every day, watching the balance, watching missed projects skyrocket, watching other investors upload photos of profits from futures, margin, you should set up a price alert for the price range where you can DCA the best average price and turn off the app to pay less attention to the market. For those of you who have run out of capital all-in, it's best to focus on doing outside work, accumulate more capital and exercise every day to help improve your spirit, health and psychology. I believe that when you have enough capital and a good spirit, you will definitely make much wiser decisions.

Note: This is a personal perspective, not investment advice.

$NOT $PEPE $FLOKI

#Write2Earn #hotTrends #TrendingTopic

DOT 2.0 is coming and I’m Bullish on
$DOT ecosystem.
 
Starting late last year, DOT surged from $3.60 in October 2023 to $7.90 in February 2024. The increasing interest from investors in the Polkadot 2.0 upgrade, the DED airdrop, and top applications suggests a potential 5x - 10x increase for DOT from its current price in 2024/2025
 
The ecosystem has diverse projects, interoperability, and the scalability make it a prime investment opportunity. And investing in #Polkadot means access to a thriving ecosystem of parachains, enabling cross-chain communication and innovation.
 
Polkadot investors have a say in how things work through a special system. They get to be a part of decisions and improvements in the network.
 
The $DOT ecosystem is also expanding fast, and it's worth keeping an eye on. Here are the excellent projects building in Polkadot:
 
@hydra_dx- Making things easier for treasuries, DAOs, and protocols, HydraDX stands out in Polkadot's DeFi world with its growth and innovative approach.
 
@centrifuge- Bridging real-world assets (RWAs) with the blockchain, Centrifuge leads the integration of RWAs with DeFi, showcasing the practical side of blockchain.
 
#TrendingTopic #DOT

JUST IN: 🇸🇻 Pro Bitcoin candidate Nayib Bukele re-elected as President of El Salvador.

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JUST IN: BlackRock & Fidelity now hold 134,358 $BTC worth over $5.7 billion for their spot Bitcoin ETFs.

JUST IN: Solana network has stopped processing transactions due to an outage.

JUST IN: Solana network is back online following a 5-hour outage.

JUST IN: 🇺🇸 Treasury Secretary Janet Yellen calls on Congress to pass crypto legislation.

JUST IN: MicroStrategy buys an additional 850 Bitcoin ($37.2 million).

JUST IN: 🇷🇺 Vladimir Putin says the US Government is killing the dollar with their own hands, many countries including major oil producers, are accepting payments for oil in Chinese yuan.

JUST IN: $46,000 Bitcoin

₿𝗥𝗘𝗔𝗞𝗜𝗡𝗚: U.S. #bitcoin  ETFs traded $1,000,000,000 in volume today

Big news from Thailand!

Important NEWS from Thailand:

Thailand is becoming an crypto friendly Nation. No more taxes on crypto gains

This move is to become top digital assets hub. VAT dropped from 7% to 0%

Guys only 64 Days left For Bitcoin Halving. Biggest Crypto Event (halving) is right around the corner..

Crypto market will face Bitcoin Supply Shock.. Market will explode, Thiers no doubt about that..

This is the last train, miss this and you'll have to wait till 2027..

#Write2Earn #BTC #ETH #dyor #TrendingTopic

In this week's #PolkadotRoundup

🔹 Updates to @SubsocialChain's staking system
🔹 USDT/USDC Stablepool on @hydra_dx
🔹 Polkadot AI educator from @origin_trail

... and more 🧵 https://t.co/Ol8wXb4smm