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Cold wallets 🧊
Cold wallets are a way to securely store cryptocurrencies off the internet 🌐. These wallets are used to protect digital assets from cyber threats such as hacks and viruses 🦠. Here's a detailed explanation:
What is a cold wallet?
A cold wallet is a type of wallet that stores the private keys that give you access to cryptocurrencies, but it is not connected to the Internet 🔒. This makes it less vulnerable to cyber attacks 👾.
What is a cold wallet?
A cold wallet is a type of wallet that stores the private keys that give you access to cryptocurrencies, but it is not connected to the Internet 🔒. This makes it less vulnerable to cyber attacks 👾.
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How to limit risks and losses🚨
Before entering into any trade, make sure you manage your risks well to avoid losing your money 💰📉. Here are some effective money management tips:
1. Determine the risk ratio: Try not to risk more than 1-2% of your capital in each trade ⚖️.
2. Set a stop loss: Set a stop loss level before entering the trade to protect your money 🛑.
1. Determine the risk ratio: Try not to risk more than 1-2% of your capital in each trade ⚖️.
2. Set a stop loss: Set a stop loss level before entering the trade to protect your money 🛑.
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$COS
COS is making significant progress, with support at around $0.0078 and a target price of $0.0197. Bitcoin’s dominance continues to boost market confidence, and $COS is benefiting from improving overall conditions. With increasing trading volume, the asset appears well-positioned for further expansion, making it one of the top candidates for the upcoming rally.
COS is making significant progress, with support at around $0.0078 and a target price of $0.0197. Bitcoin’s dominance continues to boost market confidence, and $COS is benefiting from improving overall conditions. With increasing trading volume, the asset appears well-positioned for further expansion, making it one of the top candidates for the upcoming rally.
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For anyone lost and new to the market read below👇🏼
If you are a beginner on the Binance platform and have a capital of $100, you can follow the following steps to get a good and safe start:
1. Learn the basics first 📚
Don't rush into trading right away. Understand basic concepts like:
What are cryptocurrencies? 💰
How to read the market (Market Analysis) 📊.
The difference between trading and investing 💹.
1. Learn the basics first 📚
Don't rush into trading right away. Understand basic concepts like:
What are cryptocurrencies? 💰
How to read the market (Market Analysis) 📊.
The difference between trading and investing 💹.
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May God help those who sold yesterday. Many currencies witnessed a correction of 20, 30, and even 50% due to the liquidation of futures contracts. Despite this, there is still an opportunity to enter many currencies such as Gala and Atom for the long term.
My targets for Gala for the long term:
$0.15
$0.18
$0.22
My targets for Atom for the medium term:
$13
$15
$16
$ATOM
$GALA
My targets for Gala for the long term:
$0.15
$0.18
$0.22
My targets for Atom for the medium term:
$13
$15
$16
$ATOM
$GALA
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Top 5 Mistakes New Cryptocurrency Traders Make ⛔️🚨
If you are a beginner in the world of trading, beware of these mistakes that may cost you huge losses in your portfolio
1. Lack of a trading plan 📊
Entering the market randomly without a clear plan increases risks.
2. Fear of missing out (FOMO) 📈
Don't buy a currency just because everyone is talking about it; research first and draw up a plan to avoid loss
3. Ignoring risk management 📝
Don't forget to set a stop loss and don't risk all your capital in one deal.
4. Panic selling: 😬
Price fluctuations are normal; Don't let emotions affect your decisions, and set your goals
5. Use leverage:⛔️
Many new traders use leverage to double profits, and ignore the great risks of using it without speaking of course that it is forbidden, God forbid
Have you ever made one of these mistakes? Share with us in the comments so that we can learn from each other😊✍️
If you are a beginner in the world of trading, beware of these mistakes that may cost you huge losses in your portfolio
1. Lack of a trading plan 📊
Entering the market randomly without a clear plan increases risks.
2. Fear of missing out (FOMO) 📈
Don't buy a currency just because everyone is talking about it; research first and draw up a plan to avoid loss
3. Ignoring risk management 📝
Don't forget to set a stop loss and don't risk all your capital in one deal.
4. Panic selling: 😬
Price fluctuations are normal; Don't let emotions affect your decisions, and set your goals
5. Use leverage:⛔️
Many new traders use leverage to double profits, and ignore the great risks of using it without speaking of course that it is forbidden, God forbid
Have you ever made one of these mistakes? Share with us in the comments so that we can learn from each other😊✍️
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