Today were not my day but I believe yesterday will come back and don't be afraid this is part of life. learn form your mistake . All the best everybody hope everybody get successful in this journey❤️👍🏻. #MyCOSTrade #ENA #JUP #COOKIE
Trading means buying and selling things like stocks, crypto, or currencies to make money. But people do trading in different styles depending on how fast or slow they want to trade. Here are the main types:
1. Scalping – Very Fast Trading
This is like super-speed trading. People buy and sell within seconds or a few minutes. They try to make small profits many times a day. It needs full attention and fast reactions.
Example: Buy a coin and sell it after 2 minutes for a small profit.
2. Day Trading – Same Day Trading
In this type, people buy and sell on the same day. They don’t keep the trade overnight. You need to watch the market for a few hours.
Example: Buy in the morning, sell in the afternoon.
3. Swing Trading – Hold for Few Days
This is a slower type. People hold trades for a few days or a week. They don’t look at the screen all day. It’s good for those who can wait a bit.
Example: Buy on Monday, sell on Friday.
4. Position Trading – Long-Term Holding
This is more like investing. You hold the trade for weeks or months. People who don’t want daily stress prefer this.
Example: Buy Bitcoin today, sell after 3 months.
5. Copy Trading – Follow Experts
Here, you don’t decide the trades. You just copy what experienced traders are doing. Good for beginners who are still learning.
Example: You follow a trader, and when they buy or sell, your account does the same.
💡 Which One is Best?
There’s no “best” – it depends on you. If you like fast action, go for scalping or day trading. If you want slow and steady, try swing or long-term trading. If you’re new, you can learn by watching or copying others first.
California lawmakers approve bill allowing crypto payments for state services
On June 2, California lawmakers approved Assembly Bill 1180 (AB 1180) with a 68-0 vote during its third reading. The bill, introduced by Assembly member Avelino Valencia, is now advancing to the State Senate for further consideration.
If enacted, the legislation would require the Department of Financial Protection and Innovation to establish regulations allowing state fees and transactions under the Digital Financial Assets Law to be paid in digital currencies.
The bill proposes a pilot program that would run until Jan. 1, 2031, with full implementation scheduled to begin on July 1, 2026, upon approval by Governor Gavin Newsom.
Under AB 1180, the DFPI would also be responsible for submitting a report detailing the number and types of crypto transactions processed, as well as any technical or regulatory issues encountered during the program, by Jan. 1, 2028.
Digital financial assets under DFAL are defined as any digital representation of value used as a medium of exchange that is not legal tender.
With it, regulators hope to bring California in line with other states such as Florida, Colorado, and Louisiana, which already allow crypto payments for certain government services.
You might also like:What are the hottest crypto payment cards this cycle, and how to get them?
Before passing the Assembly, AB 1180 had several amendments. One key revision to the bill removed language concerning ride-sharing companies and personal vehicles used for transportation services, narrowing the bill’s focus to digital asset transactions under DFAL.
AB 1180 is expected to complement AB 1052, another crypto-focused bill introduced by Valencia, which would protect the use of digital assets in private transactions and enshrine the right to crypto self-custody.
AB 1052 was passed in an Assembly committee with an 11-0 vote on May 23 and is awaiting its third reading. It would prohibit public entities from restricting or taxing digital assets solely based on their use as a form of payment, if passed. #MyCOSTrade#JUP#BTC#ETH