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Trading is totally mind use work first to learn how to trade
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farmish
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#CEXvsDEX101 Still confused about the difference between CEX and DEX? Don't worry, we'll break it down together below to make you more crypto-savvy! 💡 🔸 CEX (Centralized Exchange) Examples: Binance, Coinbase ✅ Suitable for beginners ✅ Quick buying and selling process ✅ High liquidity ❗️Risk: Your assets are stored by a third party — what if something goes wrong? Be prepared to panic. 🔸 DEX (Decentralized Exchange) Examples: Uniswap, PancakeSwap ✅ Assets fully belong to you ✅ No KYC, more anonymous ✅ Can access new altcoins & meme coins faster ❗️Risk: Requires more understanding, a wrong click can be costly. 🎯 Wise Strategy: 1. Use CEX for convenience and ease of daily transactions. 2. Utilize DEX to explore new tokens, but DYOR first! 3. Always back up your seed phrase and avoid clicking random links. Web3 is a world full of opportunities, but also challenges. Let's be smart, critical crypto users, and not easily FOMO! 🚀
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$BTC The market is both real and fake, this is the market. BTC has reached a critical point, long-term players hold tight to your coins, short-term players need to adapt to the situation.
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#TradingTypes101 Here’s a concise breakdown of key trading types... **1. Day Trading** – Buy/sell within the same day to capitalize on short-term price movements. **2. Swing Trading** – Hold positions for days/weeks, targeting medium-term trends. **3. Position Trading** – Long-term holds (months/years) based on fundamentals. **4. Scalping** – Ultra-short-term trades (seconds/minutes) for tiny, frequent gains. **5. Algorithmic Trading** – Automated strategies using pre-programmed rules. **6. High-Frequency Trading (HFT)** – Algorithms execute thousands of trades per second. **7. Arbitrage** – Exploit price differences across markets/assets. **8. News Trading** – Trade based on market-moving news/events. Each style varies by time horizon, risk, and strategy. Choose based on your goals, capital, and risk tolerance!
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#TradingTypes101 A quick fundamental guide on the differences between Trading and Investing!! what are the main goals of these two types of wealth accumulation methods?? -Trading 📈 involves taking advantage of highs and lows of the market, typically fort short term profit.
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$BTC Currently holding a position in $BTC as the market shows signs of consolidation after recent volatility. Watching key support around $60K and resistance near $63K. A breakout could signal strong bullish momentum, while a drop below support may trigger a short-term correction. Volume is moderate, and RSI suggests room for movement either way. Monitoring macroeconomic factors like CPI data and Fed remarks. Stop-loss is set to manage risk. Staying patient and ready to adjust based on price action. This is a critical zone for Bitcoin traders—discipline is key.
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