#OrderTypes101 🔥 Are you new to the crypto world or want to sharpen your skills? Don't overthink it alone! 🧠💥
Here you have **the ultimate guide** so you don't end up crying like a *rekt* in the corner of the market. 📉😭 Let's get to it!
🚀 #TypesOfTrading101: Spot, Margin, and Futures… Which one do I choose?
- Spot: Buy crypto like in the supermarket. 🛒 "1 BTC, please".
- Margin: They lend you money to bet more… and lose more. 🎢 Watch out for the leverage, buddy!*
- Futures: Bet on whether the price will go up or down… without having to buy anything. 🎯 *Hero or zero?*
🏦 #CEXvsDEX101: Where to trade?
- **CEX (Binance, etc.)**: Fast, easy… but you have to trust them. *"Not your keys, not your crypto"* 😬
- DEX (Uniswap, etc.): You control everything… but if you mess up, there's no customer service. 🤷♂️ "No refunds here, buddy"
📊 #TypesOfOrder101: Don't hit the red button without reading this
- Market Order: Buy/Sell NOW, but the price can play tricks on you. 😱
- Limit Order: "I only buy if BTC drops to $60K" – you decide. 👑
- Stop-Loss: The anti-crying insurance. "If BTC drops to $58K, SELL!"* 🚨
- Take-Profit: To not be greedy and leave with profits. 💰 "If it goes up to $70K, I'm happy to leave"
💧 #Liquidity101: Why does it matter?
If you traded in an empty market… you'd be the only one buying and selling at crazy prices! 🎪 "$100K for a BTC? I'll take it!" 😂
🔄 #TradingPairs101: Not all pairs are the same
- BTC/USDT: The classic. 🍷
- SHIB/DOGE: The meme vs. the other meme. 🐕 vs. 🐶 Who wins?
- ETH/BTC: The duel of the giants. ⚔️ Does Ethereum beat Bitcoin?
🔐 #CryptoSecurity101: Don't be the next "hacked" on X
- Hot Wallet: Easy to use… but like leaving money on the bar counter. 🍺
- Cold Wallet: You keep your cryptos in a vault. "Not even with a blowtorch" 🔒
👉 PRO Tip: Make copies of your seed phrase and DON'T keep it on your phone! 📵
💸 #CryptoFees101: Because exchanges aren't your rich uncle
- Trading fees: If you trade like crazy, the fees eat your profits. 🍽️
- Gas fees (ETH): Sometimes the gas costs more than what you move. ⛽ *"$50 to send $20? No, thanks!"*
😵 #TradingMistakes101: Learn from my traumas
- FOMO: Buying at all-time highs = "WHY DIDN'T I SELL?!" 📈😭
- Panic Selling: Selling at lows = "WHY DIDN'T I BUY MORE?!" 📉😭
👉 Moral: Don't let emotions drive your portfolio.
📉 #CryptoCharts101: Candles that aren't birthday candles
- Doji: The market doesn't know whether to go up or down. 🤷♂️
- Hammer: Bounce or trap? 🔨
- Bull vs. Bear: 🐂 (up) vs. 🐻 (down). Who wins today?
🛠️ #TradingTools101: Your weapons in trading
- RSI: If it's above 70 = "Watch out, it might drop" 📉
- MACD: Magic crosses that predict movements. ✨
- Moving Averages: If the price is up = 🚀, if it's down = 💀
🎯 Which of these topics would you like us to break down in a thread?
👇 COMMENT and tell us what you want to learn!
And remember…
✅ DYOR (Do Your Own Research)
✅ Don't invest what you can't afford to lose
✅ Stay #SAFU
#Binance #CryptoForDummies #TradingWithoutCrying #TheOneWhoKnowsKnows 😎$BTC