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jiffry_82
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#OrderTypes101 Market Order Buy or sell immediately at the current market price. Like buying a coffee at the store, you pay the current price and get it right away. Limit Order Set a specific price to buy or sell. Like saying, "I'll buy that coffee, but only if it's $2 or less." Stop Loss Set a price to automatically sell if the market moves against you. Like having an insurance policy to limit losses. Take Profit Set a price to automatically sell when you make a profit. Like setting a target price to lock in gains. These concepts help you manage trades and risk in the markets
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#CEXvsDEX101 In the crypto world, you have Centralized Exchanges (CEXs) like Binance and Decentralized Exchanges (DEXs) like Uniswap. CEXs: Easy to use, with support, high liquidity, and integration with fiat money. But you do not have full control of your funds, and there is less privacy (KYC). DEXs: You maintain full control of your keys and have more privacy, without KYC. They offer access to new tokens. However, they are more complex, with lower liquidity and no support. The choice depends on what you are looking for: ease and fiat (CEX) or control and privacy (DEX). Many use both!
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#TradingTypes101 Understanding Different Types of Trading Trading involves buying and selling financial instruments to earn profits. There are various types, each tailored to different strategies and timeframes. Day Trading is a short-term strategy where traders buy and sell within the same day, capitalizing on small price movements. Swing Trading targets medium-term trends, holding positions for days or weeks. Position Trading is long-term, focusing on significant market movements over months or years. Scalping emphasizes quick trades for minimal profit margins multiple times a day. Other types include Algorithmic Trading, relying on automated software, and Options Trading, involving derivative contracts. Each requires a unique skill set and risk tolerance.
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$ETH The volatility of the Baipan large pancake is relatively mild, with fluctuations of just over a thousand points up and down, and constant oscillation in between. It's fine for short-term trading, but there aren't many opportunities for significant gains. Early Baipan suggested a low position to enter, and the market trend remains upward. The price comparison is steadily above the four-hour level midline and continues to test upwards. However, after this round of back-and-forth wash, fear in the market is spreading, and short-term trading volume is slightly insufficient. However, the big players have already confirmed, and all that remains is to maintain patience. Friends who haven't entered the market can consider light positions around 103600, with the initial target at 105000. At the same time, Auntie is synchronously arranging to spread oranges, so maintain good defense and continue to look upward.
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$USDC I received another reward today, and it feels amazing! Writing has truly become a joyful part of my day. Each piece I create brings not only satisfaction but also recognition. Excited to keep going and achieve even more!
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