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#USChinaTradeTalks Trade talk between the U.S. and China is boosting markets, but investors are really waiting for Fed Chair Powell to speak BY Ian Mount May 7, 2025 at 7:02 AM EDT Treasury Secretary Scott Bessent walks to his seat ahead of his testimony before the House Committee on Appropriations Subcommittee on Financial Services and General Government, on May 6, 2025 at the U.S. Capitol in Washington. Treasury Secretary Scott Bessent walks to his seat ahead of his testimony before the House Committee on Appropriations Subcommittee on Financial Services and General Government, on May 6, 2025 at the U.S. Capitol in Washington. Tom Brenner—The Washington Post via Getty Images
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#CryptoCharts101 🟩 1. Candlesticks 101 Each candle shows: Open, Close (body) High, Low (wicks) 🟥 Red = price went down 🟩 Green = price went up ⏰ 1D = each candle is one day. ⏰ 4H = each candle is four hours. --- 📈 2. Support & Resistance Support = price floor (buyers step in) Resistance = price ceiling (sellers dominate) 🔄 Price often bounces between them. 📉 If it breaks support, expect more downside. 📈 Break resistance? Could pump hard!
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#TradingMistakes101 1. FOMO Buying at the Top Just because it’s pumping doesn’t mean it’s not about to dump. 📉 If you’re late to the hype, you might be the exit liquidity. ❌ 2. Overtrading Every green candle isn’t a signal. Every dip isn’t a buy. 💡 Sometimes the best move is no move. ❌ 3. Ignoring Risk Management No stop-loss. No plan. Full send. 🚨 A 50% loss means you need a 100% gain to break even — think about that. ❌ 4. Trading Without Research Bought a coin because a friend texted “buy now”? 📲 DYOR. Always.
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#CryptoFees101 1.Trading Fees: Binance charges a trading fee for buying and selling cryptocurrencies on its platform. The fee ranges from 0.1% to 0.5% of the transaction amount, depending on your trading volume and the type of account you hold. 2. Deposit Fees: Binance does not charge deposit fees for most cryptocurrencies. However, some cryptocurrencies may have a network fee associated with depositing funds. 3. Withdrawal Fees: Binance charges a withdrawal fee for withdrawing cryptocurrencies from your account. The fee varies depending on the cryptocurrency and the network congestion.
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#CryptoSecurity101 🧊 Cold Storage, No Devices Forget hardware wallets! ❌ The Taihuttus ditched all third-party devices due to concerns over backdoors and remote access. Now, 65% of their assets are stored completely offline, with some funds requiring an international trip to access. ✈️🌐
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