There are many traders who are unaware of how to set a stop loss on Binance. I wanted to share this post with a simple and detailed explanation: ✅ How to set a stop loss (Stop-Limit) on Binance in easy steps. 📌 A simple example: You bought a coin at a price of $100, and you want to protect yourself from a significant loss if the price drops. You set a stop loss at $90, which means if the price reaches $90, you want the app to automatically sell the coin before the price drops further. 📲 How to set a stop loss on the Binance app or website: Open the Binance app or log in from the browser. Go to the trading page (Trade), and select the pair in which you own the coin (for example: XYZ/USDT). Select the "Sell" option. From the order type (Order Type), choose "Stop-Limit". Now you will see 3 fields to fill in: Stop (the price that triggers the sell order): for example, $90.00. Limit (the price at which you want to sell): for example, $89.50 (slightly lower than the Stop to ensure execution). Amount (the quantity you want to sell): for example, 100% or a portion of it. Press the "Sell" button to execute the order. ⚠️ Important notes to understand the difference: Stop: the price that automatically triggers the sell order when reached. Limit: the price at which you actually want to sell, and it is usually slightly lower than Stop to ensure a quick sale. 🛡️ In summary: If the price of the coin drops and reaches $90, the system starts selling the coin at a price close to $89.50, which protects you from larger losses if the price continues to decline. #binancePizza
Bitcoin $BTC is challenging all expectations! After reaching its highest levels in 2024, everyone is wondering: Is this just the beginning? Personally, I'm very optimistic about its future, and I believe it still has a lot to offer. What do you think? Share your predictions in the comments!
So Bitcoin $BTC is now choosing to go to 84,800 then to 88 thousand dollars. 🪙 Note: What is the real sign of an uptrend?! Yes, when Bitcoin closes a daily close at 95,200 thousand dollars. Otherwise, we are still in a downtrend and I see nothing but negative indicators whether it's the Other chart or the acquisition index which can rise more at any moment.
MicroStrategy announced the purchase of an additional 11,000 Bitcoins a week before President Trump’s inauguration, reflecting the continued interest of major companies in investing in cryptocurrencies.
In a move to boost the infrastructure of digital currencies, an Abu Dhabi-based company has invested $5 million in the cryptocurrency exchange GRVT, indicating an expansion in investments in this sector. #grvt
Satoshi: One of the most curious Bitcoin terms is Satoshi, a numerical equation equal to 0.0001 Bitcoin, and named after Satoshi Nakamoto, the founder of Bitcoin.
A good understanding of the markets you choose and the methods of trading on them are basic skills that must be mastered before moving on to real trading