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Claim Red Packet Binance Red Packet Campaign #RedPacketCampaign $WCT @WalletConnect
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Have a look at my Assets distribution I usually invest in multiple coins through Spot Trading to mitigate the risk. The benefits of investing in multiple coins is that if one coin goes in Loss then other coins might not only cover that loss but can also give me profit. A lot of people just invest their whole portfolio in a single coin and sometimes might go for leverage or futures trading which can often result in liquidation in the Volatile markets of Cryptocurrency. $BTC #RiskManagement
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Claim USDT Red Packet RED PACKET CODE: BPB98SO53A Binance Red Packet share Campaign #StablecoinLaw
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Spot Trade Signal Pair: $SOL /USDT Strong Bull Buildup Trade Setup: • Entry Zone: 176 – 178 • 🎯 TP1: 182 • 🎯 TP2: 184 • 🎯 TP3: 187 • Stop Loss: 174.00 Keep Following for booking profits in Altcoins breakout season #AltcoinBreakout
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Spot accounts are typically easier to manage and less risky, making them ideal for beginners or those with a conservative investment strategy. Conversely, futures accounts offer the potential for higher returns due to leverage but also come with increased risk and complexity. Spot accounts are user-friendly and suitable for all experience levels. They carry lower risks since there is no leverage involved. Futures accounts can lead to higher potential profits due to leverage, but can also lead to higher losses or even liquidation. Futures trading is more challenging and it is considered to be Haram in Islam because of involvement of Riba in it. A lot of Muslims think that leverage is not a form of Riba. But in fact leverage means loan acquired for increasing your profit, which can also increase your loss and sometimes if one's account is not able to bear huge loss then the account liquidates. Just like you take a loan from bank to start a business but if you suffer losses beyond your capacity to pay the loan back to bank then they declare you default and acquire all your assets. As Muslims we should avoid Future Trading and stick to Spot Trading only in Halal Coins/Tokens. Spot Trading is less risky and sometimes give you good profits if done in right manner. #SpotVSFuturesStrategy
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