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Dawood_Suleman
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#ShareYourTrades $SUI It will pump or not ?
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#TradingMistakes101 Trading mistakes are common, especially for beginners. One major error is letting emotions drive decisions—fear and greed often override logic. Overtrading, or entering too many positions, can lead to significant losses. Ignoring risk management, like trading without stop-losses, increases vulnerability. Failing to follow a trading plan or constantly changing strategies disrupts consistency. Many traders also rely too heavily on tips or unverified information. Not keeping a trading journal prevents learning from past errors. Additionally, risking too much on a single trade can be disastrous. Successful trading requires discipline, patience, and a continuous effort to learn from mistakes and improve strategies.
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#TradingPairs101 Trading pairs are the backbone of cryptocurrency exchanges, allowing you to swap one asset for another (e.g., $BTC BTC/USDT or $ETH ETH/DAI). Each pair consists of a base currency (what you're buying) and a quote currency (what you're using to buy it). Centralized exchanges (CEXs) typically offer popular pairs with high liquidity, while decentralized exchanges (DEXs) provide access to a broader variety, including new or niche tokens. Understanding trading pairs helps you navigate price charts, manage slippage, and spot arbitrage opportunities. Whether on a CEX or DEX, knowing your pairs is key to making smarter, more strategic crypto moves.
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#CEXvsDEX101 $CEX = convenience, liquidity, fiat access, but you don't fully control your assets. $DEX = privacy, autonomy, wide token access, but requires more user responsibility and can be less liquid.
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#OrderTypes101 is there any chance of $SOPH will pump upto $1 in the end of this month. Expert please suggest that I should hold it or sell it.
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