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Randell Sroczynski ngQN
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#CEXvsDEX101
In the crypto world, you have Centralized Exchanges (CEXs) like Binance and Decentralized Exchanges (DEXs) like Uniswap.
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Randell Sroczynski ngQN
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#SouthKoreaCryptoPolicy South Korea has made a significant move in crypto regulation with the formation of a dedicated Digital Assets Committee to overhaul existing crypto laws. The appointment of former Hashed CEO Kim Yong-beom as Chief of the Presidential Policy Office signals a clear pro-crypto stance, hinting at more favorable policies ahead for the industry. #SouthKoreaCryptoPolicy #BigTechStablecoin #TrumpVsMusk #MarketPullback
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#CryptoCharts101 Decode the Charts, Dominate the Trades 🚀 New to crypto? 🪙 Feeling lost when looking at charts full of candles, lines, and patterns? Don't worry — we’ve got you! 😎 Let’s break it down with some chart wisdom + emojis 👇 --- 🕯️ 1. Candlestick Basics Each candle = price movement over time 🕰️ 🟢 Green = Price went up 💹 🔴 Red = Price went down 📉 ✅ Learn to read the candles, not just stare at them 👀 --- 📈 2. Trend is Your Friend Uptrend: Higher highs + higher lows ⬆️ Downtrend: Lower highs + lower lows ⬇️ 🔍 Spot the trend before you hit “buy” 💸 --- 📉 3. Support & Resistance 🟦 Support: Where price tends to bounce up (think trampoline 🪄) 🟥 Resistance: Where price gets stuck or reverses 🧱 ⚠️ Don't trade blind — mark these zones! --- 📐 4. Chart Patterns 101 🔺 Triangle = Price squeeze incoming 🎏 Double Top/Bottom = Reversal alert 🚨 📊 Head & Shoulders = Trend may flip — watch closely! 👁️ --- ⚙️ 5. Use Indicators Wisely 📏 RSI = Overbought or oversold? 🌊 MACD = Momentum tracker 🎯 Combine indicators, don’t rely on one!
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#TradingMistakes101 I've been here at least 4 years. Then I master the game? Totally not. Here are 5 bad things that I always did and you should avoid: 1. Overtrade You see the badge 'High-Frequency Trader' below my profile? It sounds good? Nah, its terriable, every steps in into a trade, its carry a risk. Even if is profitable, I loose the 'time'. 2. Speculation of all the time Jump in without clear set-up, even speculating after a wick candle in the most smallest time-frame, one minute! Oh god. 3. Nak*d trading without stop-loss or trailing stop! Just trust my finger, without thinking slippage, bad network, etc. 4. Swiming with a downtrend coins! There are a tons of coins outthere, but I keepin looking a total scums that completely below a MA-200 days? Trying to be a sniper but completly blind with other clear bullish coin. 5. Trade for cover a loss! There are no break event point for a loss (in Future trading), its acumulated, my money already vanished from the world, but I keepin hoping for 'someday' it will be back, no its not. It's become multiple lost. Plese, be concise for your trade!
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#CryptoFees101 Understanding Binance Fees 🧾🔍 Before you start trading, it's crucial to understand how fees work on Binance—because every satoshi counts! 🔹 1. Spot Trading Fees: Binance charges a flat 0.1% fee on spot trades. But if you pay with BNB, you get a 25% discount—so effective fee becomes 0.075%. Always a good idea to keep some BNB in your account! 🔹 2. Futures Trading Fees: Maker fee: 0.02% Taker fee: 0.04% Again, using BNB gives you discounts here too. Plus, if you’re providing liquidity (maker), you pay less! 🔹 3. Withdrawal Fees: Each crypto has its own withdrawal fee, which changes based on network congestion. Always check the fee before withdrawing, and consider using lower-cost networks like BEP20 (BNB Chain) when possible. 🔹 4. Deposit Fees: Good news—Binance doesn’t charge any fees for crypto deposits. 🙌
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#CryptoSecurity101 Security is paramount in Web3. Knowing how to store assets safely, protect private keys, and navigate wallets is essential for long-term participation in crypto. 💬 Your post can include: · Compare hot and cold wallets. Do you use hot wallets, cold wallets, or a mix of both? Why? · How do you manage and secure your crypto assets? · Share best practices that helps others stay SAFU. 👉 Create a post with #CryptoSecurity101 and share your insights to earn Binance points! (Press the “+” on the App homepage and click on Task Center)
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