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Square-Creator_420
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tell me about BOB coin..
#BOB
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I think it's another coin for make me rich #Jagar tell me hold or sell.?
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tell me about #BOB hold or sell.. I don't know what to do right now?
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#CEXvsDEX101 Centralized Exchanges (CEX) and Decentralized Exchanges (DEX) differ in structure and control. CEXs, like Binance or Coinbase, act as intermediaries, holding users' funds and facilitating trades with fast execution, high liquidity, and customer support. However, they require KYC and are vulnerable to hacks. DEXs, such as Uniswap or PancakeSwap, operate without intermediaries using smart contracts on blockchain networks. They offer greater privacy, user control of funds, and censorship resistance, but often face lower liquidity, slower transactions, and higher fees. While CEXs are user-friendly and regulated, DEXs prioritize decentralization and security. Each suits different needs based on user preference and experience.
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#OrderTypes101 Binance offers various order types to suit different trading strategies. Market orders execute instantly at the current market price. Limit orders let users set a specific price for buying or selling; they only execute if the market reaches that price. Stop-limit orders trigger a limit order once a specified stop price is reached. Stop-market orders work like stop-limit but execute at market price. Trailing stop orders follow market movements, locking in profits as the price rises or falls. OCO (One-Cancels-the-Other) allows placing two orders simultaneously, where one cancels the other once executed. These options help manage risk and automate trades.
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#TradingTypes101 There are several types of trading strategies used in financial markets, including cryptocurrency like Bitcoin. Here are the main types: 1. Day Trading: Buying and selling within the same day to profit from short-term price movements. 2. Swing Trading: Holding positions for days or weeks to capitalize on medium-term trends. 3. Scalping: Making many small trades to profit from tiny price changes, often within seconds or minutes. 4. Position Trading: Long-term trading based on fundamentals and major trends, holding for weeks to months. 5. Algorithmic Trading: Using automated software to execute trades based on predefined criteria. 6. Copy Trading: Mimicking trades of experienced traders. Each type suits different risk tolerances and time commitments. ok
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