$BZ $CL crude oil on Binance! What you need to know?
CLUSDT - This is a perpetual future on WTI crude oil - Analogous to the classic future CL (CME), but in the format of a cryptocurrency exchange - Price ≈ global price of crude oil - Type: commodity derivative
Usage: - trading on macro (war, OPEC, supplies) - hedge against inflation
BZUSDT - This is a perpetual future on Brent oil - Brent is a different benchmark (Europe/world) than WTI
CLUSDT and BZUSDT are not crypto, but macro-assets - currently the best strategy is to trade range, not trend - Brent reacts more strongly to geopolitics, WTI — to the USA
I don't like stocks, I sat for a couple of days in a downturn only to still come out at a loss. Yes, in the long run, this is growth, but you need to be more patient.