#BinanceSquareWritingContest Recently A Binance whale ($BNB ) investor sold 4,000 Bitcoin, which added pressure to the market and caused some coins to drop or stay flat after a recent price surge. Some traders are now moving to other cryptocurrencies like Solana. Binance is also blocking access to its platform for certain Russian users due to sanctions, and it got approval to operate legally in Kazakhstan. Meanwhile, a platform called Jupiter added Solana's liquidity to improve trading, and they launched a new mobile app f or easy token trading. Since it's launch $NEIRO , another dog meme coin, performed very well and experts believe that if its bullish trend continues then by end of 2024 it may reach 0.00016 to 0.002, which is over an outstanding 5000% increase! Another good long term investment is undeniably all time favorite $BTC . Bitcoin has already out performed its reputation for September which is an indication for a bullish movement. Experts predict that by 2025 Bitcoin may cross $100K, therefore right now it's a great opportunity to HODL Bitcoin at current low price of 60K which will not last long. It's advised, to do your own research before making any investment decisions or consult a financial advisor, because market volatility may lead to significant loss. Don't forget to like & follow for more insightful news, updates and signals $SOL
To minimize losses in futures trading: #btc #eth #sol #bnb #futures 1. **Set Stop-Loss Orders**: Automatically close trades at a predefined loss level.
2. **Use Proper Position Sizing**: Risk only a small portion (1-2%) of your capital per trade.
3. **Avoid Overleveraging**: Use leverage cautiously to prevent amplified losses.
4. **Diversify Trades**: Spread risk across different markets or assets.
5. **Use Risk-Reward Ratios**: Aim for favorable trades, ideally 1:2 or better.
6. **Stay Disciplined**: Control emotions and stick to your plan.
By using these techniques you can minimize your losses