SL-Reminder 11: It's like going to the doctor knowing it's | Mothpeople-web3 on Binance Square

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SL-Reminder 11:

It's like going to the doctor knowing it's your fault you got sick. Make sure you set your #stoploss for your trades, as there's no cure or medication for liquidation.

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My Crypto Learning Journey #20 – Sui (SUI) Sui is a Layer 1 blockchain designed for speed, scalability, and smooth user experiences. It’s built using the Move programming language, originally developed by Meta for the Diem project. Sui focuses on fast transactions, low fees, and making it easy to build Web3 apps, games, and assets. Key Facts - Token: $SUI - Max supply (capped): 10 billion SUI - Circulating supply (mid‑2025): ~2.4 billion SUI - Launch year: May 2023 by Mysten Labs What You Can Do with SUI - Pay gas fees to interact with apps on the Sui network - Stake SUI with validators to help secure the network and earn rewards - Use in games, NFTs, and DeFi apps - Participate in governance (voting planned in future versions) Real-World Uses - Real-time games with zero gas for players - NFT minting and trading without congestion - DeFi apps like Cetus and SuiSwap - Wallets like Sui Wallet and Ethos Wallet Real-World Analogy: Sui is like a super-fast checkout lane at a special supermarket built just for digital stuff. - Small items (like NFTs or payments) go through instantly. - Big orders (like smart contracts) still move fast—but with more checks. - The system keeps queues separate, so it never slows down. #sui #Write2Earn

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SL-Reminder 7: The ocean is never friendly, just like the market. Set your #stoploss before your trade, just like how you'd wear a life jacket before jumping down to the waters below.

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What’s the Difference? #11. Spot Trading vs Futures Trading

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My Crypto Learning Journey #19 – Shiba Inu (SHIB) Shiba Inu (SHIB) is a meme-based cryptocurrency launched in 2020 as an experiment in decentralized community building. It’s inspired by Dogecoin, but with bigger goals, by building an entire ecosystem, not just a coin. It was initially known as the "Dogecoin killer," but it's really grown into its own thing. Key Facts - Token: $SHIB - Max supply (initial): 1 quadrillion (but over 400 trillion burned) - Circulating supply (mid‑2025): ~589 trillion SHIB - Launch year: 2020 by anonymous founder “Ryoshi” What You Can Do with SHIB - Hold it as a meme asset (speculative or for fun) - Use it in the Shiba Ecosystem (staking, rewards, NFTs) - Spend it at SHIB-accepting merchants - Join community governance through Shiba DAO Real-World Uses - Online payments via BitPay and crypto cards - Donations: SHIB has been used for real-world charity - DeFi & NFTs on ShibaSwap - Upcoming use in games and virtual land Real-World Analogy: SHIB is like a viral startup born from a meme, but with real builders. It started as a joke, but then built a neighborhood: a park (metaverse), a bank (ShibaSwap), and now even has its own highway (Shibarium). #Write2Earn #SHIB

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My Crypto Learning Journey #18 – Dogecoin (DOGE) What is Dogecoin? Dogecoin is a decentralized, peer-to-peer digital currency and the internet’s first meme-inspired "memecoin." It started as a joke in December 2013, based on the “Doge” Shiba Inu meme. The original Doge meme featured a smiling Shiba Inu and fun phrases like “much wow” in playful broken English. Key Facts - Token: $DOGE - Max supply (capped): None — unlimited supply - Circulating supply (Aug‑2025): ~150.48 billion DOGE - Launch year: December 2013 by Jackson Palmer & Billy Markus What You Can Do with DOGE - Send fast, low-fee payments online - Tip content creators on social media - Donate to charity or join fundraisers - Support community and fan-driven causes Why DOGE Stands Out - Strong community spirit and a playful brand - Memes and social media drive its popularity - Supported by high-profile figures (notably Elon Musk), causing viral price swings - Used in high-profile, quirky projects like DOGE-1, a moon satellite mission funded entirely by Dogecoin Real-World Analogy: Think of Dogecoin like the money within a boardgame you're playing with your friends at a party. Everyone’s welcome to use it and experience friendly, and endless fun. You don’t really save it like a real currency, and instead, you spend it on tips, jokes, or good vibes. Its value rises with how much the party talks about it. #Write2Earn

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