1. Understand the concept of futures trading

Before starting trading on Binance Futures, it is important to understand the basics of futures contracts. Futures are contracts that allow you to buy or sell an asset at a predetermined price in the future. On Binance Futures, you can use leverage to increase potential profits, but also increase risk. Make sure you understand the working mechanisms of leverage and margin to avoid major losses.
2. Implement Strict Risk Management

From my prediction bitcoin on august 8th is $54,200

This is because of the Resisi

Recessions and Market Crashes: Understanding Their Impact and Causes
Recessions and market crashes are economic phenomena that can have significant impacts on the global economy. They are often interrelated, but have different characteristics and causes.
A recession is a prolonged period of decline in economic activity. During a recession, GDP growth slows, unemployment rises, and consumption and investment decline. Recessions are usually triggered by a variety of factors, such as a decline in aggregate demand, political uncertainty, or tight monetary policy. One famous example is the 2008 global recession caused by the subprime mortgage crisis and the collapse of financial markets.