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Crypto Web3 Today
--
Bullish
SHIB and DOGE Prices React to Elon Musk Paying Tribute to Kabosu.
Entrepreneur Elon Musk has paid tribute to Kabosu, the Shiba Inu dog behind the Dogecoin meme that passed away earlier today.
A picture posted by the controversial centibillionaire shows the Harambe gorilla with angel wings hugging the legendary dog among clouds that emanate an ethereal glow.
Musk said that Doge has "ascended to heaven" so that it could be together with its "friend" Harambe.
The price of Dogecoin (DOGE) spiked more than 4% after Musk posted the image on his profile before paring some gains. Meanwhile, rival meme coin Shiba Inu (SHIB) added nearly 3%, but the gains were rather short-lived as well.
Kabosu passed away at age 19 on Friday. Atsuko Sato, the owner, said that the world-famous Shiba Inu dog had "crossed the rainbow bridge" without suffering.
Shortly after being adopted by Sato in 2008, Kabuso turned into a social media star in 2010 because of one photo that inspired the Doge meme.
The memes with ungrammatical phrases and the cute Shiba Inu dog led to the creation of the Dogecoin cryptocurrency in 2013. The meme coin exploded in popularity in 2021 after it was actively promoted by Musk.
Joining Prince and David Bowie.
Harambe the gorilla captured the hearts and minds of the online community in 2016. The western lowland gorilla was shot dead by a zoo worker after he grabbed a three-year-old boy who climbed into his enclosure.
The dead gorilla quickly eventually turned into the main meme of the year, becoming part of the collective online psyche with hashtags like #JusticeForHarambe. Prior to Musk's picture, Harambe was also part of other weird tributes. It was featured alongside photos of such cultural icons as David Bowie and Prince.
In May 2021, a photo of the gorilla was auctioned as a non-fungible token.
Entrepreneur Elon Musk has paid tribute to Kabosu, the Shiba Inu dog behind the Dogecoin meme that passed away earlier today.
A picture posted by the controversial centibillionaire shows the Harambe gorilla with angel wings hugging the legendary dog among clouds that emanate an ethereal glow.
Musk said that Doge has "ascended to heaven" so that it could be together with its "friend" Harambe.
The price of Dogecoin (DOGE) spiked more than 4% after Musk posted the image on his profile before paring some gains. Meanwhile, rival meme coin Shiba Inu (SHIB) added nearly 3%, but the gains were rather short-lived as well.
Kabosu passed away at age 19 on Friday. Atsuko Sato, the owner, said that the world-famous Shiba Inu dog had "crossed the rainbow bridge" without suffering.
Shortly after being adopted by Sato in 2008, Kabuso turned into a social media star in 2010 because of one photo that inspired the Doge meme.
The memes with ungrammatical phrases and the cute Shiba Inu dog led to the creation of the Dogecoin cryptocurrency in 2013. The meme coin exploded in popularity in 2021 after it was actively promoted by Musk.
Joining Prince and David Bowie.
Harambe the gorilla captured the hearts and minds of the online community in 2016. The western lowland gorilla was shot dead by a zoo worker after he grabbed a three-year-old boy who climbed into his enclosure.
The dead gorilla quickly eventually turned into the main meme of the year, becoming part of the collective online psyche with hashtags like #JusticeForHarambe. Prior to Musk's picture, Harambe was also part of other weird tributes. It was featured alongside photos of such cultural icons as David Bowie and Prince.
In May 2021, a photo of the gorilla was auctioned as a non-fungible token.
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The Buzzing Bee
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🔥 Shiba Inu Can Now Be Used to Buy Nike, PS5, and Book Airbnb
CoinGate, a fintech company based in Lithuania, has boosted the utility of Shiba Inu by integrating it with Polygon and Binance Smart Chain (BSC).
This strategic move allows SHIB holders to purchase products from major brands like Nike and book services like Airbnb.
The payment gateway CoinGate acts as a link between crypto and traditional finance, facilitating digital asset transactions for goods and services. The inclusion of SHIB tokens on these platforms enhances accessibility and presents numerous opportunities for SHIB holders to participate in real-world transactions.
CoinGate, a fintech company based in Lithuania, has boosted the utility of Shiba Inu by integrating it with Polygon and Binance Smart Chain (BSC).
This strategic move allows SHIB holders to purchase products from major brands like Nike and book services like Airbnb.
The payment gateway CoinGate acts as a link between crypto and traditional finance, facilitating digital asset transactions for goods and services. The inclusion of SHIB tokens on these platforms enhances accessibility and presents numerous opportunities for SHIB holders to participate in real-world transactions.
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Transaction fees on the #Ethereum✅ network have increased significantly over the past two weeks following an increase in on-chain activity, according to Coinbase.
Coinbase's weekly report, published on Sept. 27, notes that Ethereum gas fees between Sept. 16 and Sept. 26 were 498% higher than the monthly average, with the average transaction cost increasing from $0.09 to $1.69.
#topcoinoctober2024
#AirdropGuide
#NotcoinWatch
#informaciondecriptos
Coinbase's weekly report, published on Sept. 27, notes that Ethereum gas fees between Sept. 16 and Sept. 26 were 498% higher than the monthly average, with the average transaction cost increasing from $0.09 to $1.69.
#topcoinoctober2024
#AirdropGuide
#NotcoinWatch
#informaciondecriptos
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Crypto Expert BNB
--
Bullish
LEARN to HOLD coins for a long period of time like $DOGE , $SHIB and $PEPE 📈💼💰
While investing in DOGE, SHIB, and PEPE from 2024 to 2027 may seem appealing due to their popularity and potential for short-term gains, it's essential to approach such investments with caution and careful consideration. Here's a brief overview of each cryptocurrency and factors to keep in mind
:Click here to get 3 usdt gift 🏆
🎫🎫🎫🎫🎫🎫🎫🎫🎫
open my first pinned post and get 3 usdt gift ,click my profile puc to open
⚽⚽⚽⚽⚽⚽⚽⚽⚽⚽
1. DOGE (Dogecoin):
- DOGE gained widespread attention as a meme coin and has since become a symbol of community-driven cryptocurrency projects. 🐶🪙
- While DOGE has seen significant price fluctuations and occasional spikes, its long-term viability as an investment remains uncertain, given its lack of significant utility beyond meme status. 📉🤔
2. SHIB (Shiba Inu):
- SHIB emerged as a competitor to DOGE, positioning itself as the "Dogecoin killer" and gaining traction within the meme coin community. 🐕🦺💥
- Like DOGE, SHIB's value largely depends on market sentiment and speculative trading, making it susceptible to volatility and pump-and-dump schemes. 💸🔄
3. PEPE (PepeCoin):
- PEPE is another meme-inspired cryptocurrency named after the Pepe the Frog internet meme, aiming to capitalize on the meme coin trend. 🐸💰
- While PEPE may have a dedicated community of supporters🚨🔍💼$PEPE #HotTrends #BTC #Aevo
While investing in DOGE, SHIB, and PEPE from 2024 to 2027 may seem appealing due to their popularity and potential for short-term gains, it's essential to approach such investments with caution and careful consideration. Here's a brief overview of each cryptocurrency and factors to keep in mind
:Click here to get 3 usdt gift 🏆
🎫🎫🎫🎫🎫🎫🎫🎫🎫
open my first pinned post and get 3 usdt gift ,click my profile puc to open
⚽⚽⚽⚽⚽⚽⚽⚽⚽⚽
1. DOGE (Dogecoin):
- DOGE gained widespread attention as a meme coin and has since become a symbol of community-driven cryptocurrency projects. 🐶🪙
- While DOGE has seen significant price fluctuations and occasional spikes, its long-term viability as an investment remains uncertain, given its lack of significant utility beyond meme status. 📉🤔
2. SHIB (Shiba Inu):
- SHIB emerged as a competitor to DOGE, positioning itself as the "Dogecoin killer" and gaining traction within the meme coin community. 🐕🦺💥
- Like DOGE, SHIB's value largely depends on market sentiment and speculative trading, making it susceptible to volatility and pump-and-dump schemes. 💸🔄
3. PEPE (PepeCoin):
- PEPE is another meme-inspired cryptocurrency named after the Pepe the Frog internet meme, aiming to capitalize on the meme coin trend. 🐸💰
- While PEPE may have a dedicated community of supporters🚨🔍💼$PEPE #HotTrends #BTC #Aevo
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Litecoin
It is a cryptocurrency known as "the silver to Bitcoin's gold" due to its similarities with Bitcoin, but with some key differences.
It is designed to be faster and more efficient than Bitcoin in terms of transaction time.
Key features of Litecoin:
* Transaction speed: Litecoin has faster transaction confirmation times than Bitcoin, making it more suitable for daily transactions.
* Maximum supply: The maximum supply of Litecoin is 84 million coins, compared to Bitcoin's 21 million.
* Technology: Litecoin uses a blockchain technology similar to Bitcoin, but with a different mining algorithm.
Litecoin market:
* The price of Litecoin, like that of other cryptocurrencies, is very volatile and can fluctuate significantly in short periods of time.
* Factors affecting the price:
* Supply and demand
* Market sentiment
* News and regulatory events
* Technological advancements
* To track the current price, charts, and news about Litecoin, platforms such as:
* Binance
* Investing in cryptocurrencies carries significant risks, and it is important to do your own research and understand the risks before investing.
* The cryptocurrency market is constantly evolving, so it is important to stay updated with the latest news and trends.
I hope this information is useful to you. #Ltc #informaciondecriptos
It is a cryptocurrency known as "the silver to Bitcoin's gold" due to its similarities with Bitcoin, but with some key differences.
It is designed to be faster and more efficient than Bitcoin in terms of transaction time.
Key features of Litecoin:
* Transaction speed: Litecoin has faster transaction confirmation times than Bitcoin, making it more suitable for daily transactions.
* Maximum supply: The maximum supply of Litecoin is 84 million coins, compared to Bitcoin's 21 million.
* Technology: Litecoin uses a blockchain technology similar to Bitcoin, but with a different mining algorithm.
Litecoin market:
* The price of Litecoin, like that of other cryptocurrencies, is very volatile and can fluctuate significantly in short periods of time.
* Factors affecting the price:
* Supply and demand
* Market sentiment
* News and regulatory events
* Technological advancements
* To track the current price, charts, and news about Litecoin, platforms such as:
* Binance
* Investing in cryptocurrencies carries significant risks, and it is important to do your own research and understand the risks before investing.
* The cryptocurrency market is constantly evolving, so it is important to stay updated with the latest news and trends.
I hope this information is useful to you. #Ltc #informaciondecriptos
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Every day I read the publications that are made and I find articles that are really good and that help to train every day without profit. However, the more I browse, the more I find articles without foundations, most of them from people without knowledge of the subject, with the sole objective of manipulating small investors and causing panic among them and thus selling their assets at a loss as if it were the best option.
With this I recommend that you be informed of what happens in the market on a daily basis and know how to interpret the news and market movements for yourself.
If you decided to enter this world of cryptos, you should already know that they are very volatile, nobody scams anyone,
STUDY, INFORM YOURSELF AND EARN YOUR MONEY !!! 🤑🤫 #BTC☀️ #topcoinoctober #informaciondecriptos
With this I recommend that you be informed of what happens in the market on a daily basis and know how to interpret the news and market movements for yourself.
If you decided to enter this world of cryptos, you should already know that they are very volatile, nobody scams anyone,
STUDY, INFORM YOURSELF AND EARN YOUR MONEY !!! 🤑🤫 #BTC☀️ #topcoinoctober #informaciondecriptos
See original
WHERE THE HELL DOES THE PRICE OF A CRYPTOCURRENCY COME FROM?
Many people wonder: who sets the price of a cryptocurrency and why does it change so quickly? The answer is simple: it all comes down to the capitalization of said currency. Let's see how it works:
Market capitalization: In the information of a cryptocurrency, you will find the “market capitalization”. This figure represents the total value of all coins in circulation.
Circulation supply: This term refers to the number of cryptocurrencies in circulation, that is, those that holders can use at any time.
Market capitalization: In the information of a cryptocurrency, you will find the “market capitalization”. This figure represents the total value of all coins in circulation.
Circulation supply: This term refers to the number of cryptocurrencies in circulation, that is, those that holders can use at any time.
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$WLD amazing moments are coming in world coin!! prepare for the next rise. time remaining 46hs 25 min 30 sec. counting!!
#informaciondecriptos
#informaciondecriptos
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#informaciondecriptos
Hello! You need tools for trading, here are some essential options:
*Charting Platforms*
#Binance
- *TradingView*: A web platform for visualizing and analyzing charts of financial assets, cryptocurrencies, stocks, and more. It offers indicators and customizable tools.
- *MetaTrader*: A popular platform for Forex trading, easy to use and smooth.
- *Stockcharts*: A web platform focused on the American stock market, ideal for analyzing economic data and comparing performances.
*Brokers*
#Binance
- *XTB*: A reliable and regulated broker with over 5000 instruments to invest in and low commissions.
- *IC Markets*: An Australian broker with low commissions and great prestige.
- *Interactive Brokers*: An American broker with a wide variety of financial products.
- *XM*: An online broker with minimal capital requirements and competitive commissions.
- *Quantfury*: An innovative broker with no commissions, ideal for maximizing profits.
*Analysis Tools*
#Binance
- *CoinMarketCap*: A website to obtain data on cryptocurrencies and tokens.
- *DeFiLlama*: An analysis tool for DeFi projects and decentralized finance.
- *Finviz Screener*: A tool to filter companies based on descriptive, technical, or fundamental factors.
*Trading Journal and Security*
- *Edgewonk*: An online journal to record trades and analyze strategies.
- *NordVPN*: A VPN service for safe browsing.
- *Yubikey*: A hardware device to add security to email accounts and brokers.
*Other Tools*
- *Forex Calculator*: A tool to calculate position size in Forex.
- *Portfolio Visualizer*: A website to design investment portfolios and conduct backtesting.
- *Trello and spreadsheet*: Tools to manage trades and maintain traceability
Hello! You need tools for trading, here are some essential options:
*Charting Platforms*
#Binance
- *TradingView*: A web platform for visualizing and analyzing charts of financial assets, cryptocurrencies, stocks, and more. It offers indicators and customizable tools.
- *MetaTrader*: A popular platform for Forex trading, easy to use and smooth.
- *Stockcharts*: A web platform focused on the American stock market, ideal for analyzing economic data and comparing performances.
*Brokers*
#Binance
- *XTB*: A reliable and regulated broker with over 5000 instruments to invest in and low commissions.
- *IC Markets*: An Australian broker with low commissions and great prestige.
- *Interactive Brokers*: An American broker with a wide variety of financial products.
- *XM*: An online broker with minimal capital requirements and competitive commissions.
- *Quantfury*: An innovative broker with no commissions, ideal for maximizing profits.
*Analysis Tools*
#Binance
- *CoinMarketCap*: A website to obtain data on cryptocurrencies and tokens.
- *DeFiLlama*: An analysis tool for DeFi projects and decentralized finance.
- *Finviz Screener*: A tool to filter companies based on descriptive, technical, or fundamental factors.
*Trading Journal and Security*
- *Edgewonk*: An online journal to record trades and analyze strategies.
- *NordVPN*: A VPN service for safe browsing.
- *Yubikey*: A hardware device to add security to email accounts and brokers.
*Other Tools*
- *Forex Calculator*: A tool to calculate position size in Forex.
- *Portfolio Visualizer*: A website to design investment portfolios and conduct backtesting.
- *Trello and spreadsheet*: Tools to manage trades and maintain traceability
See original
$PEPE Do you remember that last month everyone was talking about how #pepecoin🐸 was just a useless coin that would only bring losses. I bet that the majority of those who despised and turned their backs on the coin are now thinking about whether to buy some of them, others regret not having bought when it was at 240 but there is still a chance to make a profit because in the month of June save this publication I say it in the month of June pepe will go up 📈 and if you don't believe me the consequences you will pay is regretting not having bought now
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Cryptocurrencies 🪙
_ This article is prepared so that beginners and/or people with little knowledge about cryptocurrencies have good information about them.
What are cryptocurrencies?
Cryptocurrencies are virtual currencies, with no physical equivalent, that use cryptography to secure transactions and payments and to control the creation of new monetary units.
How cryptocurrencies work and what they are used for
Cryptocurrencies are decentralized digital assets, as they are not controlled or backed by any central bank, and their exchanges do not require intermediaries. Control of cryptocurrency transactions depends on a decentralized database, usually a blockchain.
What are cryptocurrencies?
Cryptocurrencies are virtual currencies, with no physical equivalent, that use cryptography to secure transactions and payments and to control the creation of new monetary units.
How cryptocurrencies work and what they are used for
Cryptocurrencies are decentralized digital assets, as they are not controlled or backed by any central bank, and their exchanges do not require intermediaries. Control of cryptocurrency transactions depends on a decentralized database, usually a blockchain.
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Blessings to all...
I have my first 100 #USDT which for me is a lot just starting out in this and living in Argentina :')
With a lot of effort and thanks to the #informaciondecriptos they share I am saving some money
I hope everyone achieves their goals
Someday I will achieve financial freedom and I will also be able to share important information to new people 🫰
I have my first 100 #USDT which for me is a lot just starting out in this and living in Argentina :')
With a lot of effort and thanks to the #informaciondecriptos they share I am saving some money
I hope everyone achieves their goals
Someday I will achieve financial freedom and I will also be able to share important information to new people 🫰
Let's maintain our positions, let's not sell, let's be patient so that we get the best of the benefits. It's time for us retailers to make good profits. We are what keep the meme currencies in this case PEPE in the positions they are in. If this doesn't work for us, I assure you.
Good luck to investors who believe in PEPE, the memecoin that will be the most powerful of all.
DO NOT SELL
DO NOT SELL
DO NOT SELL
Good luck to investors who believe in PEPE, the memecoin that will be the most powerful of all.
DO NOT SELL
DO NOT SELL
DO NOT SELL
See original
Litecoin
It is a cryptocurrency known as "the silver to Bitcoin's gold" due to its similarity to Bitcoin, but with some key differences.
It is designed to be faster and more efficient than Bitcoin in terms of transaction time.
Key features of Litecoin:
* Transaction speed: Litecoin has faster transaction confirmation times than Bitcoin, making it more suitable for everyday transactions.
* Maximum supply: The maximum supply of Litecoin is 84 million coins, compared to Bitcoin's 21 million.
* Technology: Litecoin uses a blockchain technology similar to Bitcoin, but with a different mining algorithm.
Litecoin market:
* The price of Litecoin, like that of other cryptocurrencies, is very volatile and can fluctuate significantly in short periods of time.
* Factors affecting the price:
* Supply and demand
* Market sentiment
* News and regulatory events
* Technological advancements
* To follow the current price, charts, and news of Litecoin, platforms such as:
* Binance
* Investing in cryptocurrencies carries significant risks, and it is important to do your own research and understand the risks before investing.
* The cryptocurrency market is constantly evolving, so it is important to stay updated with the latest news and trends.
I hope this information is useful to you. #Ltc #informaciondecriptos
$LTC
It is a cryptocurrency known as "the silver to Bitcoin's gold" due to its similarity to Bitcoin, but with some key differences.
It is designed to be faster and more efficient than Bitcoin in terms of transaction time.
Key features of Litecoin:
* Transaction speed: Litecoin has faster transaction confirmation times than Bitcoin, making it more suitable for everyday transactions.
* Maximum supply: The maximum supply of Litecoin is 84 million coins, compared to Bitcoin's 21 million.
* Technology: Litecoin uses a blockchain technology similar to Bitcoin, but with a different mining algorithm.
Litecoin market:
* The price of Litecoin, like that of other cryptocurrencies, is very volatile and can fluctuate significantly in short periods of time.
* Factors affecting the price:
* Supply and demand
* Market sentiment
* News and regulatory events
* Technological advancements
* To follow the current price, charts, and news of Litecoin, platforms such as:
* Binance
* Investing in cryptocurrencies carries significant risks, and it is important to do your own research and understand the risks before investing.
* The cryptocurrency market is constantly evolving, so it is important to stay updated with the latest news and trends.
I hope this information is useful to you. #Ltc #informaciondecriptos
$LTC
See original
$PENGU Analysis Report for PENGU/USDT (1 Hour Chart)
The chart shows a downward trend in recent days, with small corrective movements. Based on this trend and candlestick patterns, here are the trading recommendations:
---
📉 Short Trade Setup
Entry Zone:
Enter short around 0.03550 to 0.03600 after a small correction.
Take Profit Targets:
1. First Target (T1): 0.03400
2. Second Target (T2): 0.03250
Stop Loss:
Place the stop loss above 0.03650 to minimize risk.
---
📈 Long Trade Setup
Entry Zone:
Enter long above 0.03650 for confirmation of a trend reversal.
Take Profit Targets:
1. First Target (T1): 0.03750
2. Second Target (T2): 0.03900
Stop Loss:
Place the stop loss below 0.03550 to protect capital.
---
Key Observations
1. Trend: The pair is in a downward trend with lower highs and lower lows.
2. Support Levels: Key support is at 0.03400 and 0.03250.
3. Resistance Levels: Key resistance is at 0.03650 and 0.03900.
---
Visual Summary
Here is an appealing graphical summary:
enter your assets at >>$PENGU
---
Always manage your risk carefully and adjust stop-loss levels according to market conditions. Good luck with your trades! 🚀
#pengu #informaciondecriptos #memecoin🚀🚀🚀
The chart shows a downward trend in recent days, with small corrective movements. Based on this trend and candlestick patterns, here are the trading recommendations:
---
📉 Short Trade Setup
Entry Zone:
Enter short around 0.03550 to 0.03600 after a small correction.
Take Profit Targets:
1. First Target (T1): 0.03400
2. Second Target (T2): 0.03250
Stop Loss:
Place the stop loss above 0.03650 to minimize risk.
---
📈 Long Trade Setup
Entry Zone:
Enter long above 0.03650 for confirmation of a trend reversal.
Take Profit Targets:
1. First Target (T1): 0.03750
2. Second Target (T2): 0.03900
Stop Loss:
Place the stop loss below 0.03550 to protect capital.
---
Key Observations
1. Trend: The pair is in a downward trend with lower highs and lower lows.
2. Support Levels: Key support is at 0.03400 and 0.03250.
3. Resistance Levels: Key resistance is at 0.03650 and 0.03900.
---
Visual Summary
Here is an appealing graphical summary:
enter your assets at >>$PENGU
---
Always manage your risk carefully and adjust stop-loss levels according to market conditions. Good luck with your trades! 🚀
#pengu #informaciondecriptos #memecoin🚀🚀🚀
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⛔ Why is the Market going down? ⛔
What a simple and complex question to answer. But in the cryptocurrency market it is very simple. In a bull market year the only thing that brings down the price is the accumulation of LONGs and the liquidation engine.
- What is the settlement engine?
- The algorithm that moves the price towards liquidity zones.
- Liquidity zones?
- Yes. Where the stop losses and liquidation prices of open futures positions are located.
- ...and are there ways to avoid losing money with those falls?
- Yes. Buying in Spot at low prices and protecting the investment.
- So why does everyone invest in the future market?
- They get carried away by the magic words of leverage and make money when the price falls by opening positions in SHORTs.
- That's bad?
- Yes. Because they are not really investing. They are speculating, betting and no one takes into account the liquidation engine.
- How bad can it be?
- In reality, the settlement engine will always move the price in such a way that the fewest possible traders win and the losses go to the exchanges. The exchange houses.
- That's cheating! 🤨
- Yes. But no one seems to care until they lose everything and burn the account.
- Ohhh! And what can the trader do to avoid losing money in the futures market?
- Use it for what it was created for. To cover losses.
- And why do people continue to use it in the wrong way?
- Because the majority did not study finance or risk management. They just operate the market like a chimpanzee would!
- The chimpanzee thing is very offensive...
- Yes, but I do not care. Hehe 😅
- What do you recommend studying then?
- Corporate Finance! It is mandatory to understand the basics about the art of money management. Without that foundation it is difficult to understand the futures market and the options market. Forget it!
- Good! Thank you so much.
- You are welcome.
🔸Greetings and good luck with your Trading! 💰💰💰
$BTC $ETH $XRP
What a simple and complex question to answer. But in the cryptocurrency market it is very simple. In a bull market year the only thing that brings down the price is the accumulation of LONGs and the liquidation engine.
- What is the settlement engine?
- The algorithm that moves the price towards liquidity zones.
- Liquidity zones?
- Yes. Where the stop losses and liquidation prices of open futures positions are located.
- ...and are there ways to avoid losing money with those falls?
- Yes. Buying in Spot at low prices and protecting the investment.
- So why does everyone invest in the future market?
- They get carried away by the magic words of leverage and make money when the price falls by opening positions in SHORTs.
- That's bad?
- Yes. Because they are not really investing. They are speculating, betting and no one takes into account the liquidation engine.
- How bad can it be?
- In reality, the settlement engine will always move the price in such a way that the fewest possible traders win and the losses go to the exchanges. The exchange houses.
- That's cheating! 🤨
- Yes. But no one seems to care until they lose everything and burn the account.
- Ohhh! And what can the trader do to avoid losing money in the futures market?
- Use it for what it was created for. To cover losses.
- And why do people continue to use it in the wrong way?
- Because the majority did not study finance or risk management. They just operate the market like a chimpanzee would!
- The chimpanzee thing is very offensive...
- Yes, but I do not care. Hehe 😅
- What do you recommend studying then?
- Corporate Finance! It is mandatory to understand the basics about the art of money management. Without that foundation it is difficult to understand the futures market and the options market. Forget it!
- Good! Thank you so much.
- You are welcome.
🔸Greetings and good luck with your Trading! 💰💰💰
$BTC $ETH $XRP
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