Let’s be real: for every crypto millionaire, there are countless others losing money. Making even a modest profit on platforms like Binance—or any crypto exchange—requires more than luck. It demands knowledge, strategy, and experience.
The Illusion of Easy Money
You’ve probably heard stories of people getting rich overnight through crypto. These tales give the impression that anyone can hit the jackpot. But the reality is far less glamorous. Many beginners fall for the hype, jumping into trendy tokens or features like launchpools, only to watch their money disappear.
Imagine someone invests $600, hoping to double it overnight, only to lose it all. They end up saying, “I lost everything!” But here’s the truth: Experienced traders profit because beginners make costly mistakes. They succeed because they:
Understand how to analyze market trends.
Diversify their investments to manage risk.
Avoid falling for social media-fueled hype or unrealistic expectations.
Crypto Isn’t for Everyone
Here’s the bottom line: crypto isn’t a guaranteed way to get rich. If you can’t afford to lose money or are looking for easy wealth, this space isn’t for you. Success in crypto requires patience, a commitment to learning, and the ability to manage risk.
If you’re serious about moving from beginner to competent trader, the first step is education—lots of it.
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A Beginner’s Guide to Smarter Crypto Trading
If you’re ready to start learning, here’s a simple roadmap:
1️⃣ Start Small with Spot Trading Avoid risking your life savings. Begin with small amounts and keep some of your funds in stablecoins like USDC to stay flexible.
2️⃣ Pay Attention to Price Levels Timing matters. Buy when prices are low, not during market hype.
3️⃣ Invest Gradually Don’t put all your money into a single trade. Spread your investments across multiple opportunities to minimize risks.
4️⃣ Use Limit Orders Set specific buy or sell prices instead of accepting the market rate. This helps avoid unnecessary fees and makes your trades more precise.
5️⃣ Stay Informed The crypto market moves fast. Keep up with news and trends to make informed decisions.
6️⃣ Adapt to the Market In a bear market, try strategies like trading inverse Bitcoin tokens or seeking assets with growth potential.
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The Harsh Reality of Trading
Many beginners believe making $1,000 in crypto is easy just because others have made millions. This mindset leads to overconfidence and reckless decisions.
For instance, a beginner might invest $600, hoping for quick profits, only to lose it all because they weren’t prepared. The truth is, most unprepared traders lose money. Experienced traders understand this—and they profit from those mistakes.
Trading isn’t an easy way to make money. In fact, it’s one of the hardest. Unlike a regular job, where your income is steady and predictable, trading carries the very real risk of losing everything.
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Final Advice for Beginners
Use Limit Orders: These can help you save on fees and give you greater control over your trades.
Guys, withdraw your DOGS tokens, the official Telegram meme, the process is very simple, there are 2 withdrawal options:
- It will ask you to withdraw to the internal Telegram wallet, but, at least you must have the Basic identification level (There is not much mystery in withdrawing them here, but you will surely have to have TON to cover some transaction fees)
- The other option is to an Exchange, I chose OKX, but you must have already verified your KYC account (You only need your OKX UID, the deposit address and the comment which is the memo, that's all)
Don't worry if you don't see your tokens immediately, before August 20th they will arrive to the option you have chosen.
Bitcoin is in a "Clear" bullish trend, however, for months it has been making a retracement with "Structure", so many may think that it is a bearish trend, but, in the long term it is not, perhaps in short yes, however, if you are investors and really want to win in this market, the ideal and the recommendation is to work with high time frames to avoid deception.
So, as I had already published days ago $BTC , I may look for the lower part of the bearish channel, cheat a little more in that area and again look for the upper part to decide whether to break the zone, because the "Whales" could have accumulated the enough, or see how it reacts, in any case, the idea is to apply a DCA, or wait for the lower part to buy at cheaper prices.
Basically, this little analysis is based on what happened on the first day since the ETFs launched, so pay close attention to this data:
💀💀💀💀💀💀
✳️ On day 1 the ETF volume ETH $1,083 M -> BTC $4,661 M ETH moved 23% against BTC.
✳️MarketCap ETH $414 B -> BTC $1,300 B ETH has 31% of BTC's MK.
✳️ Market Dominance ETH 16.3-> BTC 51.8% ETH dominance is 3 times lower than BTC.
✳️ Blocked Assets ETH -> 40% mostly in validators due to being Proof of stake. BTC -> Does not block because it is Proof of Work.
▶️ The ETH vs BTC volume % difference has been very encouraging considering the dominance of ETH and MK over BTC
▶️ETH has almost half of the ETH Locked, leaving very few ETH available in the market, resulting in an illiquid market.
Because of all this behavior of #ETH since day one, I have to think that #Ethereum✅ is going very strong and I prefer to accumulate everything I can without spending a single fraction of my ETH, although I really don't have large amounts, but, without a defined trend of the BTC, spending would not be the best strategy.
$ETH after the launch of its ETH it is at an intermediate point where we should expect what it will do and where it will go, in this case according to what the price action is doing, it is closer to a "Support" than a "Resistance ", so, depending on how it acts at that price level between $2909.09 and $2794.21, it would be a good level to "Buy".
On the other hand, if the price decides to turn around without reaching "Support" and it heads up, short-termists or scalpers should take profits at that level, unless we see strength and break those price levels of $3930.25 and $3847.28.
💥Summary:💥
We must wait to see what the price does, so, if you are an operator and you are in, wait, if not and you are waiting to buy for example, you must wait for the levels, since you "Buy" in "Support" and " Sell" in "Resistance".
Now if, on the contrary, what you want is to accumulate, the recommendation is the same for the "Buyers", patience in this business pays so, we must wait for the right moment, in addition, this graph is DAILY, so The analysis focuses on the long term, since the strongest levels are shown.
💻Soon I will be doing an analysis for the "Scalpers", more we will see the fundamental aspects that define the feelings of investors, which is what moves the market.
Bitcoin could be setting a trap where retailers could be in danger, as on 1D charts it is at a clear "Resistance", in a clear bearish channel, so, it could go down in the short term for the whales to continue accumulating. #BTC☀ #Investing #Bitcoin
Some need to buy large amounts of Ethereum for their #ETFs✅ and the other has 3 Million#Ethereumin their fund that they need to sell.
In the middle, a market and a dry market of Eth where 40% of the total are blocked between contracts and Stake validators. Another large percentage is in holder and L2. There are very few ETH in the exchanges, practically the market is dry of ETH available for trading. market.
🟢 Buyers already have their assets ready to go out to fight in search of ETH.
🔴 Sellers (Grayscale) just sent 1 million ETH to #coinbase to battle the sale.
Within #grayscale there are many investors who have ETH bought at $600 when ETH was at $1000, yes sir, as you heard, they bought ETH at half the price using the fund as a trust.
These investors are hungry for profits and want to go out and take them. The ETF opens the doors to be able to release these beasts and go out to the market, beasts that have been trapped in their cages for almost 2 years.
Ladies and Gentlemen, this Tuesday, July 23, will be a bloody day in the market, a lot of blood will flow. Two great TITANS face each other in a historic battle.
Who will be the winner, what will happen to the price, will it rise or fall, who will have more strength and more money.
🔴Latest news report in the cryptomobile world (REGULATIONS) 🔴
- OKX exchanges withdraws from Nigeria, which causes criticism from analysts, I must point out that, the Nigerian community is very active in the crypto ecosystem and that one of our L1 exchanges is leaving is a blow.
- In Greece from next year (2025) taxes will be applied to cryptocurrencies, something that is currently not done, I particularly think that, centralization and crypto decentralization should coexist, however, it should be in other areas, taxes and/or regulations are not good, there will always be some way for the community to evade these taxes. The power of decentralization.
- The SEC approved Grayscale and Proshares ETH ETFs for trading on NYSE, of course, you know what this means, institutional money inflow, accumulation, deception and release, so, it is imminent that the market at any moment will explode to the upside.
🚀This is the most relevant about regulations in the crypto world, follow me if you want to find out more news about the ecosystem, as well as education and other aspects of cryptocurrency analysis, DeFi, SocialFi, Airdrops, Playtoearn and TaptoEarn. 🚀
#BinanceTurns7 Come celebrate 7 years of Binance with us to unlock digital badges and win some exclusive 7YA swag!
Task 1: Share Your Binance Birthday Wishes to Unlock the Basic 7YA Digital Badge - Complete the setup of your Binance Square profile (e.g., username, profile, biography) and follow this account @Binance_Square_Official during the Activity Period.
- Comment on this Binance Square official post with your Binance birthday wishes, and ensure that your post includes the #BinanceTurns7 hashtag to unlock the basic 7YA digital badge.
Task 2: Post Your Favorite Binance Memories to Unlock the Upgraded 7YA Digital Badge & Binance 7YA Merch
- Users who successfully complete Task 1 may receive an upgraded version of the 7YA Digital Badge by sharing their fondest memories with Binance in a new Binance Square post that mentions the #BinanceTurns7 hashtag during the Activity Period.
- On top of that, the top seven participants with the highest total number of engagements (i.e., likes, shares, comments, quotes) for a qualified post in Task 2 during the Activity Period, will each receive one set of Binance 7YA merch.
Terms and conditions: - 7YA digital badges will appear next to the profiles of qualified participants within four working days after the promotion ends. - Winners of 7YA merch will be notified via a push notification under Creator Center > Square Assistant, within four weeks after the promotion ends. - Users should complete the required instructions within the timeframe stipulated in the push notification to successfully receive merch rewards. Please note that winners should provide a valid shipping address, and will be responsible for any taxes, if applicable. - No refunds or cash equivalent value of the rewards will be granted.
Activity Period: 2024-07-05 12:00 (UTC) to 2024-07-10 11:59 (UTC)
There are many memories I have of Binance, the truth is that it has been the exchange that has helped me build a new life away from the centralized system.
However, I remember when P2P was implemented, it was glory since I stopped using other exchange platforms that charged me an excessive commission, since that moment, I have used P2P.
- In fact, since it came out to date, I have practically moved 1 BTC on exchanges to my local currency.
- No more scams, the Binance scrow is the best without a doubt.
And now that it's a birthday and Blockchain technology and projects continue to grow, all I want is to see Binance adapt as it has done since then, not to mention that, in its Spanish community, I remember earning a good amount of BNB.
The truth is that it has been an incredible journey and I will continue to evangelize Binance as much as I can.
In this post I will begin to share one of the most important #airdrops of all those that are emerging in the #TON network coming from the famous and very useful application of #Telegram so, in this post I will explain to you about the project and how to join, remember the success that $NOT had born in this ecosystem
💻$SEED AIRDROP FREE
This project is supported by the GameFi sector, including Animoca Brands! Basically, it is like a Launchpad for projects in $TON where $SEED holders can participate in these investment rounds or, failing that, receive Airdrops
💻Important
All accounts that are created or join the bot before June 21 will receive a free X2 SPEED to generate $SEED faster, so, in order to earn them and increase mining further, you must follow the following steps
💻Steps
💥Create an account
💥Start mining
💥Initially, the $SEED claim is approximately every 2 hours without the Boosts. Its operation is simple, since you only have to reinvest what you earn to improve "mining", that way you will earn more per hour
The idea is that they fulfill social tasks to raise the level of their mining and the hours in which they claim, the idea to qualify for the "Airdrop" is to spend the coins they earn by improving mining, it is not about who has more coins, but the level of their mining
💻How to Join
To find the link for this and other "Airdrops" join my telegram channel where I am sharing information regarding "Airdrops" completely FREE
t.me/AirdropsLca21
🚀 Leave in the comments if you have already joined this Airdrop, you can find me on telegram as @Lenonmc21 and I will be happy to help you. Follow me to receive information about the cryptocurrency market, AirDrops and much more
The TON ecosystem is on fire and the "Tap to Play" system has revolutionized the way you can qualify for an "Airdrop", that is why we must take advantage of the opportunities, because this network is revolutionizing the industry and we must take advantage of this boom while the "Bull Market Cycle" is present. So, here is another "Airdrop" that you can do to win (FREE Money)...#TonChain #airdrop2024
🟢$PIXFI AIRDROP FREE 🟢
🛑Play-to-Airdrop Campaign
🎁Pool 10 million $PIXFI tokens FREE for everyone ✊✊ 💃 STEPS:
➖ Go ➡️ HERE (https://dashboard.pixelverse.xyz/?ref=uluparlaau&v=uluparlaau93696)
➖ Register by email + Verify email code
➖ Connect wallet, enter the following code and they will give you +500 $PIXFI: uluparlaau (https://dashboard.pixelverse.xyz/?ref=uluparlaau&v=uluparlaau12180) (click to copy)
➖ Click on Edit avatar
➖ Click on the pencil ✏️ to edit your profile and complete everything
➖ Complete all missions (+800 PIX)
➖ Click on "Pets" or "Pet" > Select BOT > Feed Every time you feed the bot, they will give you $PIX💃
🟢 PHASE 2 🟢
➖ Enter the next Telegram BOT by clicking HERE (https://t.me/pixelversexyzbot?start=485870972)
➖ This is the part of the Airdrop where we will TAP but he mines the FI token every 8 hours, which will work to create the PIXFI token
➖ Buy pets or PETs and fight to get more FI tokens, level up your pets to earn more tokens by mining.
⚠️ Retirement/claim date yet to be determined, but it is rumored that it will be in this month of June.
The #TON network has been in constant growth that has led it to be in the "Top 10" of the ranking in Market Capitalization, which has led many projects in the crypto ecosystem to want to venture into said network.
In fact, the most recent success of the meme cryptocurrency called Notcoin $NOT , has formed an incredible trust for other projects to see the light under the TON Blockchain, this is where a new project comes in called.
🟢 FREE HAMSTER KOMBAT AIRDROP 🟢
Notcoin created a new trend on telegram for Airdrops. Give Taps! ⌨️⌨️
So, if you liked how easy it was at $NOT to make free tokens, don't hesitate to join Hamster Kombat. This project has the Airdrop confirmed and has a quite unique approach, in addition to confirmed partnerships with other Exchanges…👏
In "the game" you are the CEO 🤨 of the project and the way to increase your profits is by closing contracts with Exchanges and making marketing plans, in theory the improvements have this quite interesting initiative, in which we must correctly manage our exchange with the goal of generating more profits.
Now to participate in the Airdrop, you must do the following:
👍STEPS:
1. Join my channel on "Telegram" so you can find out about all the free opportunities that this network has, you can find it as:
"AirdropsLca21"
2. When you join, there you will have all the information necessary to participate in the Airdrop.
Then the way to participate is very simple, start doing "Taps", do the missions and increase the production of coins by investing in the "Boosts" with the in-game coins, buy and increase the level "Cards", in addition, The most important thing to qualify is the production per hour that you manage to achieve. There is still an opportunity to qualify, don't delay any longer.
🫂Remember: your generous advice will strengthen our mission and help us work even harder to provide you with the best investment advice.
What should we expect from Bitcoin and its price after ETF approval?
Two weeks ago I left an analysis of $BTC in which my outlook was bullish, although don't get me wrong, it still is, however, in this post I intend to explain what we should expect from Bitcoin after the approval of these ETFs, as well as mentioning, why the price has gone down instead of up after such a positive news.All this and much more in the development of this post:Why has $BTC gone down after ETF approval?The reason why the price of Bitcoin has gone down after the approval of the ETFs, is
Binance has many ways to earn money quickly and easily, however, very few people take advantage of 100% of these tools to capitalize and buy some of the Cryptocurrencies of our preference and thus grow our portfolio, but how about if we all help each other to reach the goal?
Well in the link that I am about to share with you, you can claim your red envelope with the opportunity to win from 0.1$ to 3$ in USDT, and participate is very simple, just do Claim here claim your envelope and share it with your friends and / or acquaintances and increase your earnings, the more you share it, the more you can claim and add.
📌 Steps to be taken to help each other
🔹You must click on this link Claim Here or scan the QR code in the image at the end of the post.
🔹You must follow me for more updates and ways to win totally free.
🔹 Subsequently as we get funds I will post my cryptocurrency purchases substantiated with Technical and fundamental analysis.
🔹Then make your own post by sharing your link in the comments of this post and don't forget to follow each other to month after month perform the same procedure.
Finally I will fix this publication in my profile, do not forget to perform the steps is totally free and we can with this acquire many coins like:
This is the most recent analysis of $BTC so you can take it into account. If you want me to explain the method I use in detail in several parts, leave it in the comments. It is very simple and you do not have to spend hours in front of the graph, plus it adapts to all types of profiles.
I will give free information through this medium that I liked, you can also let me know which currency you would like me to analyze.
Lenonmc21
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Bitcoin Analysis {01/05/2024}
First of all, I want to introduce myself, my name is Lenon, but my nickname on the networks is "Lenonmc21", I am a Blockchain and #Criptomonedas enthusiast, as well as a trader who has been studying this fabulous profession for years, and who From this moment on, he wants to share with you an analysis of the most important Cryptocurrencies in the entire ecosystem among other very interesting things about this world. However, to start, I will share a #analisis del $BTC in the medium and long term, taking into account that, My way of analyzing is very simple, I only applied (Market Structure and Price Action), accompanied by (Cycle Closings), which allows me to see the complete map of what the price most likely wants to do, my operation It is in high temporalities, like 1s, 1d and h4 at a minimum, but it does not mean that I do not do scalping. In this sense, I will be sharing my detailed analysis, so, if you want to know what #Bitcoin: can do soon, don't worry. takeoffs from my profile, because I will also teach how to make #BitcoinTrading from scratch: Chart of #BTC in 1s As you can see the price has been breaking upward zones, which caused the "Market Structure" to go from bearish to bullish, in this sense and for the who are newer to this, the price moves between Supports and Resistances, regardless of the news that may affect the market sentiment. So, when analyzing, the only thing we have to look at is, where we are, to know where we are going. In this case, what the price of $BTC did was look for the next resistance, which is where it is at this moment, so if the price manages to break this zone between $45,000 and $47,000 , it will most likely look for the next one between $66,000 and $69,000.BTC 1d chartThe price on 1d charts is consolidated, which is natural, since it is in a decision-making zone, however, With the strength he's been going up, I'd say he'll most likely break through that zone and make his way to the target I mentioned earlier.RecommendationsYou must always wait for the price to break through the zones, and wait for the retest of the same to buy, this break confirms the dominance of the buyers. If the price makes a downward break of the last bullish impulse and makes a downward structure, There is a change in trend, not before, the rest may be a "Cycle Closing"