King's and Queens..we landed safely
#write2earn

Title: Trading Cryptocurrency as a Muslim: Upholding Islamic Finance Principles

In the fast-paced world of cryptocurrency trading, adhering to Islamic finance principles can be a challenge for Muslim investors. Central to Islamic finance are principles such as avoiding interest (riba) and uncertainty (gharar), which can conflict with certain trading practices common in the cryptocurrency market. However, by following specific strategies and utilizing Shariah-compliant platforms, Muslim traders can navigate the crypto market while upholding their religious beliefs.

Shariah-Compliant Cryptocurrencies

One fundamental aspect of trading cryptocurrency as a Muslim is selecting Shariah-compliant digital assets. These are cryptocurrencies that do not involve any elements contrary to Islamic principles. Examples of Shariah-compliant cryptocurrencies include Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC), among others. These digital assets are considered permissible for trading by Islamic scholars due to their decentralized nature and lack of involvement in prohibited activities such as gambling or usury.

Avoidance of Margin Trading

Margin trading, a common practice in the cryptocurrency market, involves borrowing funds from a broker to leverage trading positions. However, the interest (riba) charged on these borrowed funds makes margin trading incompatible with Islamic finance principles. As such, Muslim traders should steer clear of margin trading platforms and instead opt for spot trading, where transactions involve the direct exchange of cryptocurrencies without the involvement of interest-bearing loans.

Spot trading allows traders to buy and sell cryptocurrencies based on their current market value, eliminating the need for borrowing or leveraging.

As the cryptocurrency market continues to evolve, it is essential for Muslim investors to stay informed.
#HotTrends
#IslamicDeFi
#RamadanWithBinance
#Write2Earn

Title: Step-by-Step Guide to Placing and Exiting Trades on Binance Spot Trading

1. **Choose Your Exchange**: Sign up on Binance, a user-friendly platform for cryptocurrency trading.

2. **Navigate to Trading**: Access the "Trade" section and select "Classic" or "Advanced" mode for spot trading.

3. **Select Your Pair**: Choose the cryptocurrency pair you wish to trade, like BTC/USDT for Bitcoin against Tether.

4. **Decide Your Order Type**: Choose between market or limit orders based on your preferences.

5. **Market Order**: Execute trades instantly at the best available price in the market.

6. **Limit Order**: Set a specific price at which you want your trade to execute.

7. **Enter Quantity**: Input the amount of cryptocurrency you want to buy or sell.

8. **Review and Confirm**: Double-check order details before confirming the trade.

9. **Monitor Your Trade**: Track performance in the "Orders" section.

10. **Exit the Trade**: Once your trade achieves your desired profit or loss level, or you want to exit for any reason:
- **Market Order**: Place a sell order for your bought cryptocurrency or a buy order for your sold cryptocurrency at the current market price.
- **Limit Order**: Set a sell limit order above your entry price if you're in profit, or a buy limit order below your entry price if you're in loss, then confirm.

11. **Withdraw Your Funds**: After exiting, withdraw funds or profits from the "Wallet" section.

By following these steps, beginners can confidently enter and exit trades on Binance, navigating the cryptocurrency market effectively.

#learneandearn
#write2earn
#Spot_Trading

UNDERSTANDING BITCOIN HALVING AND IT'S IMPACTON PRICE TRENDS| A Comprehensive Guide

Bitcoin halving, a scheduled event embedded within the Bitcoin protocol occurring approximately every four years, entails a halving of the reward granted to miners for each block successfully mined. This reduction in new Bitcoin issuance serves to regulate inflation and maintain a predictable, finite supply of the digital currency, akin to the scarcity principles governing traditional assets like gold.

Historically, Bitcoin halvings have catalyzed significant price movements. The anticipation of reduced supply fosters a perception of increased scarcity, consequently stimulating speculative demand and driving upward price momentum. However, the relationship between halvings and price trends is nuanced, influenced by diverse factors such as market sentiment, adoption rates, regulatory developments, and broader macroeconomic trends.

While Bitcoin halvings undoubtedly exert a profound influence on market dynamics, their impact on price trends may unfold gradually over time, shaped by evolving market fundamentals and investor sentiment.

By comprehending the mechanics of Bitcoin halving and its ramifications for price dynamics, investors can make informed decisions, navigating the cryptocurrency landscape with confidence and foresight.

Keywords: Bitcoin halving, price trends, cryptocurrency market, scarcity, supply dynamics, digital currency, investor sentiment, market fundamentals, macroeconomic trends.

#HotTrends
#BitcoinDumping
#BitcoinHalvingAlerts
#write2earn
$BTC
#cryptocrusader

#WLD_Short_signal

entry: 8.800
stop loss: 9:00
take profit:8:150
leverage :X20

$WLD
#write2earn

PSA: Self-custody is the only way you truly hold Bitcoin.

I've noticed some discussions in this community questioning the importance of self-custody. Many believe that ETFs or exchanges with custodians are easier and more secure. However, let me gently remind everyone that Bitcoin on an exchange, with a custodian, or in an ETF is not truly yours. It's essentially an IOU for price exposure to Bitcoin. Without the keys to your own coins in self-custody, you don't own the asset; you have a voucher, and most ETFs can only be redeemed in USD anyway.

The heart of Bitcoin's value proposition lies in self-custody. Without it, your node becomes irrelevant, and your coins could be confiscated as easily as gold was under executive order 6102.

If you're looking for a user-friendly way for anyone, including your grandma, to hold Bitcoin, consider exploring collaborative custody solutions.

As we navigate the ever-expanding landscape of crypto, the stories we share and the discussions we foster become the threads weaving the fabric of our collective journey. Your experiences, insights, and questions hold the potential to shape the narrative.

#Write2Earn
#WalletSecurity
$BTC

The German pirate portal movie2k just transferred over 50000 Bitcoins to the Bundeskriminalamt or short BKA (German Police). This could create significant sell pressure if the BKA decides to sell these. Just made big headlines here in Germany.

#Write2Earn
#Germany

$BTC

#TRONICS
#TRONtastic
#TRC20USDT has reached a new record with 51.8 billion in circulation

#Write2Earn

$Celestia Crypto: Can TIA Crypto Break Out of the Wedge Pattern?

Will TIA Crypto Price Rise and Reach the Upper Boundary of the Wedge?

Technical Levels

1 The TIA derivative data analysis highlights that the open interest is $160.51 Million.

2 Its market capitalization is $2,787,864,464 and its trading volume is $160,419,577.

3 The volume chart indicates a significant rise in the gain of interest and activity for TIA.

The volume chart indicates a significant rise in the interest and activity for TIA.

Will TIA Crypto Price Rise and Reach the Upper Boundary of the Wedge?

The Celestia crypto asset is showing bullish traits and can achieve further growth. The TIA crypto has demonstrated good performance in the past week, month, and three months, by 2.93%, 39.93%, and 566.12% respectively, indicating a reliable upward trend.

However, the TIA crypto has displayed a sign of revival as the price bounced back from a critical level of around $15 on the charts.

The Celestia crypto asset is also showing bullish strength and rising potential as it stays above the major 20 and 50-day EMAs.

Furthermore, the TIA crypto asset is in a strong uptrend and the MACD histogram is narrowing, which points to bullish crossover possibilities in the upcoming sessions.

The RSI shows no signs of overbought conditions and it is above the 50 level and has recently crossed the 14-SMA line from below, suggesting that the asset has more room to grow.

If the demand for the Celestia remains high, the next goal for the price could be to reach $22.

However, if the crypto price fails to stay above the $15 level, it could decline further and could even break out of the wedge pattern.

Technical Levels

Support Levels: $15

Resistance Levels: $22

Disclaimer

views and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.
#Write2Earn
#futurebigbulls
#signals

$TIA

$SOL #SolanaDeFi #BONK
Given BONK's recent price surge, fueled by prominent exchange listings and the overall optimism in the Solana ecosystem, there's a likelihood of continued short-term gains. However, caution is warranted due to the observed correction post-initial surge and general market dynamics. Solana (SOL) could see sustained upward momentum in the short term, buoyed by the increased demand for BONK and its positive influence on the Solana network. Traders should stay vigilant, closely tracking market developments, and remain mindful of potential fluctuations in this dynamic crypto landscape.

#Shortsellers anticipating an inevitable correction should check this space to stay informed about entry opportunities for maximum gains with low risk.
$SOL

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