#Never #Trust those who try to lure you into participating i | Firas Mousa on Binance Square

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#Never #Trust those who try to lure you into participating in #Pumps because you will only get the #Dumps $ERA 

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24 milion $DOGE is set to be sold on 1.0$ what do you think guys? $USDT $DOGE

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Why loosing is so much easier than winning? $ERA vs $DOGE

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Currently trading $DOGE

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## What is a “#Pump” in Crypto? 🚨 A “pump” refers to a sudden, rapid increase in the price of a cryptocurrency, often driven by hype, rumors, or coordinated efforts by groups to artificially inflate the price. This is usually followed by a “dump,” where the price crashes as those who pumped the coin sell off their holdings for profit, leaving latecomers with losses. ## Why Should You Stay Away from Pumps? 1. **High Risk of Losses:** While it might look tempting to jump in when you see a coin like DOGE suddenly skyrocketing, these price surges are often unsustainable. Many people who buy in late end up buying at the top, only to see the price crash moments later. 2. **Market Manipulation:** Pumps are often orchestrated by groups or individuals who already hold large amounts of the coin. Their goal is to create FOMO (fear of missing out), get others to buy in, and then sell their own holdings at a profit. This is not genuine market growth—it’s manipulation. 3. **Example: $DOGE** Dogecoin (#DOGE) has experienced several pumps in its history, especially when it became popular on social media. While some early buyers made profits, many others bought in at high prices and faced significant losses when the hype faded. ## Play it Safe It’s always better to do your own research and invest based on fundamentals, not hype. Avoid chasing quick gains from pumps—focus on long-term strategies and stay informed with reliable sources like Binance Academy and Binance Research. Stay safe and trade smart! 🚀

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🚀 Let’s Talk About Slippage! Why Didn’t My Order Go Through? Ever placed a trade on Binance Spot and wondered why your order didn’t execute at the price you expected—or didn’t execute at all? You might have just experienced **slippage**! ### What is Slippage? 🤔 Slippage happens when the price at which your order is executed is different from the price you saw when you placed the order. This is super common in fast-moving markets or with coins that don’t have a lot of trading activity. For example, you might want to buy $XRP at $1.00, but by the time your order hits the market, the price has jumped to $1.05. That 5-cent difference? That’s slippage! ### Why Do Orders Sometimes Not Execute? - **Low Liquidity:** If a coin doesn’t have enough buyers or sellers, your order might not get matched right away. - **Big Order Size:** Placing a large order on a coin with low trading volume can mean there aren’t enough matching orders at your price. - **Market Volatility:** Prices can move quickly, especially during news events or with newly listed coins, causing your order to miss the mark. ### How to Ensure Immediate Execution? 🔍 - **Look for High Liquidity Coins:** Coins with high trading volume and lots of buy/sell orders are more likely to execute instantly. - **Check the Order Book:** A deep order book (lots of orders at different prices) means your trade is more likely to go through at your chosen price. - **Use Market Orders:** If you want instant execution, a market order will fill at the best available price, but be aware of potential slippage! --- Trading is all about timing and understanding the market. By keeping an eye on liquidity and the order book, you can minimize slippage and make your trades smoother! Happy trading on Binance! 🚀💡

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