#TradingTypes101 There are several types of trading in the | Amir Ali55 on Binance Square

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#TradingTypes101  There are several types of trading in the financial markets, each with different strategies, time horizons, and risk profiles. Here’s a breakdown of the main types:

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Explore my portfolio mix. Follow to see how I invest! Centralized exchanges (CEXs) like Binance or Coinbase are convenient but pose security risks. They hold your private keys, meaning you don’t fully control your assets. Hacks, insolvency, or regulatory issues can lead to loss of funds. To stay safe, only keep minimal crypto on exchanges for trading. Transfer the rest to a personal hardware wallet for better control. Enable 2FA and use strong passwords to secure your account. Regularly monitor for suspicious activity and withdraw funds promptly after trading. Research the exchange’s security history before depositing funds. While offer ease of use, prioritizing reduces reliance on third parties and enhances your crypto security in an unpredictable market. Stay cautious and proactive

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Centralized exchanges like Binance or Coinbase are convenient but pose security risks. They hold your private keys, meaning you don’t fully control your assets. Hacks, insolvency, or regulatory issues can lead to loss of funds. To stay safe, only keep minimal crypto on exchanges for trading. Transfer the rest to a personal hardware wallet for better control. Enable 2FA and use strong passwords to secure your account. Regularly monitor for suspicious activity and withdraw funds promptly after trading. Research the exchange’s security history before depositing funds. While offer ease of use, prioritizing reduces reliance on third parties and enhances your crypto security in an unpredictable market. Stay cautious and proactive$BONK

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#CryptoSecurity101 Centralized exchanges (CEXs) like Binance or Coinbase are convenient but pose security risks. They hold your private keys, meaning you don’t fully control your assets. Hacks, insolvency, or regulatory issues can lead to loss of funds. To stay safe, only keep minimal crypto on exchanges for trading. Transfer the rest to a personal hardware wallet for better control. Enable 2FA and use strong passwords to secure your account. Regularly monitor for suspicious activity and withdraw funds promptly after trading. Research the exchange’s security history before depositing funds. While CEXs offer ease of use, prioritizing self-custody reduces reliance on third parties and enhances your crypto security in an unpredictable market. Stay cautious and proactive

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#TradingShot $bonk

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