🚀 Started my trading journey with just $2 — now sitting on | Men Vithyea on Binance Square

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🚀 Started my trading journey with just $2 — now sitting on a +28,649% gain in 30 days! 📈🔥
From small beginnings come big wins. Let's keep growing! 💪💸
#Binance #CryptoTrading #From2ToVictory #WriteToEarn #PNL $ 

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#CardanoDebate founder Charles Hoskinson has proposed using 140M ADA (~$100M) from the treasury to boost DeFi growth by purchasing BTC and Cardano-native stablecoins (USDM, USDA, IUSD). ADA dropped 6% following the announcement, as the community remains divided. Some see it as a bold step toward ecosystem maturity, while others argue it's risky given market conditions and governance concerns.

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#TradingTypes101 Spot trading feels like a slow walk through the park with occasional rain. Futures trading taught me humility in under five seconds. Each type has its own lessons and pain points. I still use both, just with better discipline and less midnight FOMO Your preferred trading style says a lot about how you handle chaos. Are you the calm planner, the calculated risk taker, or the thrill seeker chasing 100x? Share your trading personality. Let’s see who’s still standing

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#TradingTypes101 trading in Spot is a way to make profits, often over a long period, but trading futures is very different; it involves risk, and even more so if you want to do a x100 and obtain profits in a shorter time. You should have a mentor to avoid diluting your assets.

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#CEXvsDEX101 CEX vs. DEX: Understanding the DifferenceCentralized Exchanges (CEX) and Decentralized Exchanges (DEX) are two primary platforms for trading cryptocurrencies, each with distinct features. CEXs, like Binance or Coinbase, operate through a centralized authority, offering user-friendly interfaces, high liquidity, and fast transaction speeds. They custody users’ funds, requiring KYC compliance, which enhances security but compromises privacy. However, CEXs are vulnerable to hacks and regulatory risks. In contrast, DEXs, like Uniswap or PancakeSwap, function on blockchain technology without intermediaries, enabling peer-to-peer trading. Users retain control of their funds via private wallets, ensuring greater privacy and security. However, DEXs often face lower liquidity, higher slippage, and complex interfaces, making them less beginner-friendly. While CEXs suit traders prioritizing convenience and speed, DEXs appeal to those valuing decentralization and anonymity. Choosing between them depends on your priorities, trading experience, and risk tolerance.

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#OrderTypes101 Trailing Stop Order: Function: Dynamically locks in profits as the price moves favorably, while still protecting against downside (or upside for shorts). Mechanism: The stop price is set at a fixed distance (dollar amount or percentage) below the current market price for a long position (or above for a short). As the market price rises (long), the stop price rises accordingly, maintaining the distance ("trailing"). If the price reverses and hits the trailing stop, it triggers a market order (or limit order - see below). Types: Trailing Stop Market Triggers a Market

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