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🚨JUST IN: 🇺🇸 #US Senate votes to advance 'Genius Act' crypto stablecoin bill.
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#StablecoinBill
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Don't Let Doubts Stop You: Pushpendra Singh's Journey from Rooftop Miner to Crypto Millionaire
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🇺🇸 ETF FLOWS: Around 2.86K $BTC were bought and 795 $ETH were sold on June 13 #BTC ETFs saw $301.7M in net inflows. #ETH ETFs saw $2.1M in net outflows. 0 #ETF $BTC
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🇧🇷#Brazil imposes a unified 17.5% tax rate on cryptocurrency profits, ending the tax-exemption policy for small investors. #Brazil #Tax #Cryptocurrency
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BREAKING: 🇺🇸🇷🇺 TRUMP AND PUTIN DISCUSS RISING TENSIONS BETWEEN ISRAEL AND IRAN OVER CALL.
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📊 How to Select the RIGHT Coin for Futures Trading? 🚀 Futures trading offers incredible opportunities, but picking the right coin is key to maximizing profits and managing risk! Here's what to look for: * Liquidity is King 👑: Always prioritize coins with high trading volume and deep order books (e.g., BTC, ETH). This ensures you can enter and exit trades easily without significant slippage, especially with larger positions. Low-liquidity coins are prone to manipulation and sudden price swings. * Volatility for Opportunity (and Risk!) 📈: Volatility can be your friend in futures. Look for coins that show consistent price movement, but be mindful of the increased risk. Higher volatility means higher potential profits, but also higher potential losses. Match it with your risk appetite! * Trend is Your Friend 📊: Identify coins in clear uptrends or downtrends. Trading with the prevailing trend generally offers higher probabilities of success. Use technical analysis (moving averages, RSI, MACD) to confirm these trends on higher timeframes (4H, daily) before looking for entries on lower ones. * Fundamentals Matter (Even in Futures) 📰: While futures are often short-term, a basic understanding of the coin's fundamentals helps. Is there upcoming news, project developments, or a strong ecosystem that could influence its price? Stay informed! * Risk Management First! 🛡️: No matter the coin, always implement strict risk management. * Position Sizing: Never risk more than 1-2% of your capital on a single trade. * Stop-Loss Orders: Crucial for limiting potential losses and protecting your capital. * Leverage Wisely: Start with low leverage (2x-5x) especially as a beginner. High leverage amplifies both gains and losses. By combining these factors, you'll be better equipped to select suitable coins for your futures trading strategy. What are your go-to criteria for picking futures coins? Share in the comments! 👇 #FuturesTrading #BinanceSquare #TradingTips #RiskManagement $SOL $ETH $BTC
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