Newbie

What Is Binance Futures Trading?
Binance Futures allows you to trade cryptocurrency contracts without owning the actual assets. You can speculate on the price movement of cryptocurrencies going long if you anticipate a price increase or short if you expect a decrease.
Key Features:
● - Leverage: Amplify your trading position up to 125x.
● - Perpetual Contracts: No expiration date.
● - USDT-Margined Futures: Settled in USDT.
● - COIN-Margined Futures: Settled in the underlying cryptocurrency.
Step-by-Step Guide to Start Futures Trading on Binance
1. Create and Verify Your Binance Account
Sign Up: Visit Binance and register using your email or phone number.
Click here to learn step by step to Create account
KYC Verification: Complete identity verification by submitting the required documents.
Enable 2FA: Set up Two-Factor Authentication for enhanced security.
Click here to learn step by step to complete 2FA
2. Activate Binance Futures
Navigate to Futures: Hover over [Derivatives] on the top menu and select USDⓈ-M Futures.
Open Futures Account: Click on [Open Now] to activate your Futures account.

3. Transfer Funds to Your Futures Wallet
Access Wallet: Go to [Wallet] > [Futures].
Transfer Funds: Click on [Transfer], choose the asset (e.g., USDT), specify the amount, and confirm the transfer.

4. Understand the Futures Trading Interface
Familiarize yourself with the key components:
● Price Chart: View real-time price movements.
● Order Book: See current buy and sell orders.
● Order Entry Panel: Place your trades.
● Positions Panel: Monitor your open positions.

5. Set Your Leverage
Adjust Leverage: Click on the current leverage to open the Adjust Leverage window.
Select Leverage: Use the slider or input box to set your desired leverage, then click Confirm.

6. Place Your First Trade
Choose Contract: Select the trading pair (e.g., BTC/USDT).
Select Order Type: Choose between Market, Limit, or Stop-Limit orders.
Enter Details: Specify the order price, quantity, and set Take-Profit and Stop-Loss levels.
Open Position: Click Buy/Long if you expect a rise or Sell/Short if you anticipate a decline.

7. Monitor and Manage Your Positions
Positions Tab: View open positions, entry price, PnL, and margin ratio.
Adjust Orders: Modify or close positions as needed.
Set Alerts: Use price alerts to monitor market movements.
Understanding Leverage and Margin
Leverage allows you to control a larger position with less capital. For example, 10x leverage
means you can trade $1,000 with just $100.
Margin is the amount of funds required to open and maintain a leveraged position.
Note: Higher leverage increases potential profits but also amplifies risks.

Risks and Considerations
● - Liquidation Risk: Positions may be liquidated if margin falls below maintenance level.
● - Market Volatility: Crypto markets are highly volatile; prices can change rapidly.
● - Leverage Risk: Using high leverage can result in significant losses.
Potential Benefits
● Profit in Any Market Direction: Ability to go long or short.
● Capital Efficiency: Leverage enables larger exposure with less capital.
● -Hedging: Futures can hedge against spot positions.
Practice with Binance Futures Testnet
Before trading with real funds, practice on the Binance Futures Testnet to develop your
strategies.
Additional Resources[Binance Futures Trading Guide](https://www.binance.com/en/blog/futures/the-ultimate-guide-to-trading-on-binance-futu
res-8534557745009080271)Binance Futures FAQ[The Ultimate Guide to Trading on Binance Futures](https://www.binance.com/en/blog/futures/the-ultimate-guide-to-trading-on-binance-futu
res-8534557745009080271)

@Daniel Zou (DZ) 🔶
#newbie #TrumpVsPowell #CryptoMarketCapBackTo$3T #MarketRebound #BinanceAlphaAlert

Based on the context provided, here’s some summary of the Bitcoin price predictions for the end of 2024:
General Consensus:
Predictions for Bitcoin's price by the end of 2024 range from $124,000 to $150,000.
Some analysts suggest a more conservative estimate, with a forecast indicating a price of $101,386.62, reflecting a 6.46% increase.
Market Sentiment:
There is a strong belief that Bitcoin will end the year higher than its current levels, with targets around $150,000 being discussed.
Prediction markets show a 72% chance that Bitcoin will reach $95,000 by November, with lower probabilities for higher targets like $105,000 (23%) and $110,000 (14%).
Expert Opinions:
Tom Lee from Fundstrat Global Advisors has been optimistic, suggesting that Bitcoin could hit $150,000 by year-end, although he acknowledges that this may be less likely with limited time left in the year.
Other analysts, like Quinn Thompson from Lekker Capital, express confidence that Bitcoin could reach $100,000 soon, possibly by the end of December.
Current Market Status:
As of late December 2024, Bitcoin has been fluctuating around the $100,000 mark, with some reports indicating it has recently surged back to this level after a period of volatility.
Conclusion
The predictions for Bitcoin's price at the end of 2024 are optimistic, with many analysts and prediction markets suggesting significant increases. However, the actual outcome will depend on various market factors and investor sentiment as the year concludes.
If you have any further questions or need additional information, feel free to ask!
@Mondana Foundations Assumed As of December 30, 2024, several key developments have significantly influenced Bitcoin's price, which has seen remarkable fluctuations throughout the month. Here’s a summary of the most impactful news:
1. Price Surge and Historical Context
All-Time High: Bitcoin reached an all-time high of $103,647 on December 5, 2024, following the reelection of former President Donald Trump. This marked a significant increase from around $70,000 prior to the election.
Current Price: As of December 28, 2024, Bitcoin's price was $95,163.93, reflecting some volatility after the peak.
2. Political Influence
Trump's Reelection: The election of Donald Trump has been a catalyst for Bitcoin's price rally, with promises of a more crypto-friendly regulatory environment. His administration's anticipated changes, including the nomination of Paul Atkins as SEC chair, have fueled investor optimism.
Regulatory Changes: Trump's administration is expected to ease regulations on cryptocurrencies, which has led to increased investor confidence and participation in the market.
3. Market Predictions
Short-Term Peaks: Research firm K33 predicts that Bitcoin could reach a peak around mid-January 2025, potentially hitting prices between $146,000 and $212,500 based on historical cycles and market capitalization growth.
Potential Corrections: Analysts warn of possible corrections in late January to February, with expected declines ranging from 15% to 30% before another potential bull run.
4. Institutional Adoption
Growing Interest: There is a notable increase in institutional adoption of #Bitcoin, which is expected to continue driving demand. This trend is supported by the approval of spot #Bitcoin ETFs earlier in the year, making it easier for mainstream investors to access Bitcoin.
5. Cautionary Notes
Volatility Warning: Despite the bullish sentiment, experts caution investors about Bitcoin's historical volatility. Significant price drops have occurred in the past, and maintaining a disciplined investment strategy is advised.
Investment Strategy: Financial advisors recommend limiting cryptocurrency exposure to 5% of an investment portfolio to manage risk effectively. ( #BTC )
@Mondana Foundations a #Newbie The combination of political developments, market predictions, and institutional interest has created a dynamic environment for Bitcoin in December 2024. While the outlook remains optimistic, the inherent volatility of cryptocurrencies necessitates a cautious approach for investors.

Agar aap Crypto trading seekh rahe hain, to yeh 9 indicators aapko market ke andar chhupi har movement ka signal de sakte hain! Chaliye step by step samjhte hain:

1️⃣ Index of ??? (Greed & Fear Indicator)

Yeh batata hai ke market me logon ka mood kaisa hai – Darr ya Lalach. Jab sab greedy hain, to samajh jao risk zyada hai!

2️⃣ Chart Channels

Price jab ek channel ke andar move karta hai, upar wali line resistance aur neeche wali support hoti hai. Breakout ya breakdown ka signal milta hai.

3️⃣ RSI (Relative Strength Index)

Batata hai ke coin overbought hai ya oversold. 70 se upar — overbought, 30 se neeche — oversold. Trade karne ka perfect time batata hai!

4️⃣ BTC Dominance

Bitcoin ka market pe kitna control hai. Jab BTC dominance gire aur Alts ka volume badhe, Altseason aa sakta hai!

5️⃣ MA (Moving Average)

Price ka average movement show karta hai. Jab price MA ke upar nikle, bullish signal. Neeche aaye to bearish signal.

6️⃣ Chart Triangles

Market me consolidation ya breakout zones show karte hain. Triangle breakout ka signal powerful hota hai!

7️⃣ Accumulation & Distribution Zone

Jahan bade players quietly buy karte hain (accumulation) aur jahan sell kar ke profit nikalte hain (distribution). Agar aap yeh samajh lein, to bade profits kama sakte hain!

8️⃣ Chart Rectangles

Market jab range bound rehta hai, rectangle banata hai. Break hone par strong move aata hai!

9️⃣ Greed & Fear Index

Yeh overall market ka psychological mood batata hai. Jab sab darte hain — buy! Jab sab lalach me hain — sell!

Meri Raye (Opinion):

Agar aap sirf price dekh kar trade karte hain to galti kar rahe hain! In indicators ko samajh kar hi aap market ka real game samjhoge. Personally, main Greed & Fear Index aur RSI kaafi use karti hoon, kyun ke yeh mujhe logon ke emotions ka signal dete hain — aur Crypto me paisa emotions ka khel hai!

Pro Tip:

Har trade se pehle yeh 9 indicators dekhein — bina inke trade karna samundar me bina compass ke safar karne jaisa hai!

Aapka kya khayal hai?

Kya aap inme se koi indicator already use kar rahe hain? Neeche comment karein aur apni strategy share karein!

Follow karein taake aapko aur aisi valuable trading tips milti rahen!

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