Atizaz Elahi
Open Trade
Occasional Trader
4 Years
I’m an Engineer with interest in trading of crypto currencies and blockchain.
4 Following
15 Followers
20 Liked
2 Shared
Posts
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#TrumpVsMusk
The feud between Donald Trump and Elon Musk has sent shockwaves through the cryptocurrency market, particularly Bitcoin. The public exchange of insults between the two influential figures began when Musk criticized Trump's latest tax and spending package as "a disgusting abomination". Trump retaliated by threatening to cancel federal contracts with Musk's companies, including Tesla and SpaceX.
As a result, Bitcoin's price plummeted to $100,500, wiping out over $170 billion in total market capitalization. The cryptocurrency market tanked 6% in the last 24 hours, with major cryptocurrencies like Ethereum, XRP, and Solana experiencing significant losses. The $TRUMP meme coin, which had surged during the peak of their alliance, slid 10%.
$BTC
Despite the market turmoil, some experts believe that the feud could highlight the allure of Bitcoin as an antidote to political risk and unstable leadership. Samson Mow, a Bitcoin advocate, even suggested that Musk should buy more Bitcoin and adopt a Bitcoin treasury strategy to challenge the existing fiat system.
The situation is still unfolding, but one thing is certain – the Trump-Musk feud has brought significant volatility to the cryptocurrency market.
The feud between Donald Trump and Elon Musk has sent shockwaves through the cryptocurrency market, particularly Bitcoin. The public exchange of insults between the two influential figures began when Musk criticized Trump's latest tax and spending package as "a disgusting abomination". Trump retaliated by threatening to cancel federal contracts with Musk's companies, including Tesla and SpaceX.
As a result, Bitcoin's price plummeted to $100,500, wiping out over $170 billion in total market capitalization. The cryptocurrency market tanked 6% in the last 24 hours, with major cryptocurrencies like Ethereum, XRP, and Solana experiencing significant losses. The $TRUMP meme coin, which had surged during the peak of their alliance, slid 10%.
$BTC
Despite the market turmoil, some experts believe that the feud could highlight the allure of Bitcoin as an antidote to political risk and unstable leadership. Samson Mow, a Bitcoin advocate, even suggested that Musk should buy more Bitcoin and adopt a Bitcoin treasury strategy to challenge the existing fiat system.
The situation is still unfolding, but one thing is certain – the Trump-Musk feud has brought significant volatility to the cryptocurrency market.
#OrderTypes101
1. Market Order
Buy or sell a cryptocurrency at the current market price.
Execution: The order is executed immediately at the best available price.
Example: Buy 1 BTC at the current market price.
2. Limit Order
Buy or sell a cryptocurrency at a specific price set by the trader.
Execution: The order is executed when the market price reaches the specified price.
Example: Buy 1 BTC at $40,000.
3. Stop-Limit Order
A combination of a stop-loss order and a limit order.
Execution: When the market price reaches the stop price, the order becomes a limit order.
Example: Sell 1 BTC at $38,000 (stop price) with a limit price of $37,000.
4. Stop-Market Order
A stop-loss order that executes as a market order when triggered.
Execution: When the market price reaches the stop price, the order is executed as a market order.
Example: Sell 1 BTC at $38,000 (stop price).
5. Take-Profit Limit Order
A limit order that executes when the market price reaches a specified profit target.
Execution: When the market price reaches the take-profit price, the order is executed as a limit order.
Example: Sell 1 BTC at $42,000 (take-profit price) with a limit price of $41,500.
6. Take-Profit Market Order
A market order that executes when the market price reaches a specified profit target.
Execution: When the market price reaches the take-profit price, the order is executed as a market order.
Example: Sell 1 BTC at $42,000 (take-profit price).
7. OCO (One Cancels the Other) Order
A combination of two orders, where one order cancels the other if executed.
Execution: When one order is executed, the other order is automatically canceled.
Example: Buy 1 BTC at $40,000 (limit order) and sell 1 BTC at $42,000 (take-profit limit order). If the buy order is executed, the sell order is automatically canceled.
8. Trailing Stop Order
A stop-loss order that adjusts its stop price based on the market price movement.
Execution: When the market price moves in the trader's favor, the stop price adjusts accordingly.
1. Market Order
Buy or sell a cryptocurrency at the current market price.
Execution: The order is executed immediately at the best available price.
Example: Buy 1 BTC at the current market price.
2. Limit Order
Buy or sell a cryptocurrency at a specific price set by the trader.
Execution: The order is executed when the market price reaches the specified price.
Example: Buy 1 BTC at $40,000.
3. Stop-Limit Order
A combination of a stop-loss order and a limit order.
Execution: When the market price reaches the stop price, the order becomes a limit order.
Example: Sell 1 BTC at $38,000 (stop price) with a limit price of $37,000.
4. Stop-Market Order
A stop-loss order that executes as a market order when triggered.
Execution: When the market price reaches the stop price, the order is executed as a market order.
Example: Sell 1 BTC at $38,000 (stop price).
5. Take-Profit Limit Order
A limit order that executes when the market price reaches a specified profit target.
Execution: When the market price reaches the take-profit price, the order is executed as a limit order.
Example: Sell 1 BTC at $42,000 (take-profit price) with a limit price of $41,500.
6. Take-Profit Market Order
A market order that executes when the market price reaches a specified profit target.
Execution: When the market price reaches the take-profit price, the order is executed as a market order.
Example: Sell 1 BTC at $42,000 (take-profit price).
7. OCO (One Cancels the Other) Order
A combination of two orders, where one order cancels the other if executed.
Execution: When one order is executed, the other order is automatically canceled.
Example: Buy 1 BTC at $40,000 (limit order) and sell 1 BTC at $42,000 (take-profit limit order). If the buy order is executed, the sell order is automatically canceled.
8. Trailing Stop Order
A stop-loss order that adjusts its stop price based on the market price movement.
Execution: When the market price moves in the trader's favor, the stop price adjusts accordingly.
Order types in crypto trading
#OrderTypes101 Here are the different order types available in crypto trading on Binance:
1. Market Order
Buy or sell a cryptocurrency at the current market price.
Execution: The order is executed immediately at the best available price.
Example: Buy 1 BTC at the current market price.
2. Limit Order
Buy or sell a cryptocurrency at a specific price set by the trader.
Execution: The order is executed when the market price reaches the specified price.
Example: Buy 1 BTC at $40,000.
3. Stop-Limit Order
A combination of a stop-loss order and a limit order.
Execution: When the market price reaches the stop price, the order becomes a limit order.
Example: Sell 1 BTC at $38,000 (stop price) with a limit price of $37,000.
4. Stop-Market Order
A stop-loss order that executes as a market order when triggered.
Execution: When the market price reaches the stop price, the order is executed as a market order.
Example: Sell 1 BTC at $38,000 (stop price).
5. Take-Profit Limit Order
A limit order that executes when the market price reaches a specified profit target.
Execution: When the market price reaches the take-profit price, the order is executed as a limit order.
Example: Sell 1 BTC at $42,000 (take-profit price) with a limit price of $41,500.
6. Take-Profit Market Order
A market order that executes when the market price reaches a specified profit target.
Execution: When the market price reaches the take-profit price, the order is executed as a market order.
Example: Sell 1 BTC at $42,000 (take-profit price).
7. OCO (One Cancels the Other) Order
A combination of two orders, where one order cancels the other if executed.
Execution: When one order is executed, the other order is automatically canceled.
Example: Buy 1 BTC at $40,000 (limit order) and sell 1 BTC at $42,000 (take-profit limit order). If the buy order is executed, the sell order is automatically canceled.
8. Trailing Stop Order
A stop-loss order that adjusts its stop price based on the market price movement.
Execution: When the market price moves in the trader's favor, the stop price adjusts accordingly.
Example: Sell 1 BTC with a trailing stop of 5%. If the market price increases by 10%, the stop price adjusts to 5% below the new market price.
These order types can be used individually or in combination to create more complex trading strategies.$BTC
1. Market Order
Buy or sell a cryptocurrency at the current market price.
Execution: The order is executed immediately at the best available price.
Example: Buy 1 BTC at the current market price.
2. Limit Order
Buy or sell a cryptocurrency at a specific price set by the trader.
Execution: The order is executed when the market price reaches the specified price.
Example: Buy 1 BTC at $40,000.
3. Stop-Limit Order
A combination of a stop-loss order and a limit order.
Execution: When the market price reaches the stop price, the order becomes a limit order.
Example: Sell 1 BTC at $38,000 (stop price) with a limit price of $37,000.
4. Stop-Market Order
A stop-loss order that executes as a market order when triggered.
Execution: When the market price reaches the stop price, the order is executed as a market order.
Example: Sell 1 BTC at $38,000 (stop price).
5. Take-Profit Limit Order
A limit order that executes when the market price reaches a specified profit target.
Execution: When the market price reaches the take-profit price, the order is executed as a limit order.
Example: Sell 1 BTC at $42,000 (take-profit price) with a limit price of $41,500.
6. Take-Profit Market Order
A market order that executes when the market price reaches a specified profit target.
Execution: When the market price reaches the take-profit price, the order is executed as a market order.
Example: Sell 1 BTC at $42,000 (take-profit price).
7. OCO (One Cancels the Other) Order
A combination of two orders, where one order cancels the other if executed.
Execution: When one order is executed, the other order is automatically canceled.
Example: Buy 1 BTC at $40,000 (limit order) and sell 1 BTC at $42,000 (take-profit limit order). If the buy order is executed, the sell order is automatically canceled.
8. Trailing Stop Order
A stop-loss order that adjusts its stop price based on the market price movement.
Execution: When the market price moves in the trader's favor, the stop price adjusts accordingly.
Example: Sell 1 BTC with a trailing stop of 5%. If the market price increases by 10%, the stop price adjusts to 5% below the new market price.
These order types can be used individually or in combination to create more complex trading strategies.$BTC
CEXvsDEX
#CEXvsDEX101 Here's a comprehensive comparison between centralized and decentralized exchanges:
Centralized Exchanges (CEXs)
1. *Controlled by a single entity*: A central authority manages the exchange, its operations, and user funds.
2. *Custodial*: Users deposit funds into the exchange's wallets, and the exchange holds control over the private keys.
3. *Regulated*: CEXs typically comply with regulatory requirements, such as Know-Your-Customer (KYC) and Anti-Money Laundering (AML) policies.
4. *Faster transactions*: CEXs usually offer faster transaction processing times due to their centralized nature.
5. *User-friendly interface*: CEXs often provide a more intuitive and user-friendly interface, making it easier for new users to navigate.
Decentralized Exchanges (DEXs)
1. *Decentralized governance*: DEXs operate on blockchain technology, allowing for decentralized governance and decision-making.
2. *Non-custodial*: Users maintain control over their funds and private keys, as transactions occur directly between wallets.
3. *Less regulated*: DEXs often operate outside of traditional regulatory frameworks, which can be both an advantage and a disadvantage.
4. *Slower transactions*: DEXs typically have slower transaction processing times due to the decentralized nature of blockchain technology.
5. *More complex interface*: DEXs often require a deeper understanding of blockchain technology and may have a more complex interface.
Key differences
1. *Control and custody*: CEXs control user funds, while DEXs allow users to maintain control over their assets.
2. *Regulation*: CEXs are more regulated, while DEXs operate in a gray area.
3. *Speed and scalability*: CEXs are generally faster and more scalable, while DEXs are often slower and less scalable.
4. *Security*: DEXs are considered more secure due to their decentralized nature, while CEXs are more vulnerable to hacking and other security risks.
Choosing between CEXs and DEXs
1. *Ease of use*: CEXs are generally more user-friendly, while DEXs require a deeper understanding of blockchain technology.
2. *Security*: DEXs offer greater security due to their decentralized nature.
3. *Regulation*: CEXs are more regulated, which may be important for users who prioritize compliance.
4. *Fees*: DEXs often have lower fees compared to CEXs.
Ultimately, the choice between a CEX and a DEX depends on your individual needs and priorities.
Centralized Exchanges (CEXs)
1. *Controlled by a single entity*: A central authority manages the exchange, its operations, and user funds.
2. *Custodial*: Users deposit funds into the exchange's wallets, and the exchange holds control over the private keys.
3. *Regulated*: CEXs typically comply with regulatory requirements, such as Know-Your-Customer (KYC) and Anti-Money Laundering (AML) policies.
4. *Faster transactions*: CEXs usually offer faster transaction processing times due to their centralized nature.
5. *User-friendly interface*: CEXs often provide a more intuitive and user-friendly interface, making it easier for new users to navigate.
Decentralized Exchanges (DEXs)
1. *Decentralized governance*: DEXs operate on blockchain technology, allowing for decentralized governance and decision-making.
2. *Non-custodial*: Users maintain control over their funds and private keys, as transactions occur directly between wallets.
3. *Less regulated*: DEXs often operate outside of traditional regulatory frameworks, which can be both an advantage and a disadvantage.
4. *Slower transactions*: DEXs typically have slower transaction processing times due to the decentralized nature of blockchain technology.
5. *More complex interface*: DEXs often require a deeper understanding of blockchain technology and may have a more complex interface.
Key differences
1. *Control and custody*: CEXs control user funds, while DEXs allow users to maintain control over their assets.
2. *Regulation*: CEXs are more regulated, while DEXs operate in a gray area.
3. *Speed and scalability*: CEXs are generally faster and more scalable, while DEXs are often slower and less scalable.
4. *Security*: DEXs are considered more secure due to their decentralized nature, while CEXs are more vulnerable to hacking and other security risks.
Choosing between CEXs and DEXs
1. *Ease of use*: CEXs are generally more user-friendly, while DEXs require a deeper understanding of blockchain technology.
2. *Security*: DEXs offer greater security due to their decentralized nature.
3. *Regulation*: CEXs are more regulated, which may be important for users who prioritize compliance.
4. *Fees*: DEXs often have lower fees compared to CEXs.
Ultimately, the choice between a CEX and a DEX depends on your individual needs and priorities.
How many trading types are available in binance?
#TradingTypes101 Binance is a popular cryptocurrency exchange that allows users to buy, sell, and trade various cryptocurrencies. It's essential to understand the platform's features, fees, and security measures before you start trading.
Binance offers various trading types to cater to different trading strategies and risk tolerance. Here are the main trading types available on Binance:
1. Spot Trading
- *Market Order*: Buy or sell at the current market price.
- *Limit Order*: Buy or sell at a specific price you set.
- *Stop-Limit Order*: A combination of a stop-loss order and a limit order.
2. Margin Trading
- *Borrowed Funds*: Trade with borrowed funds to amplify potential gains.
- *Isolated Margin Mode*: Manage risk by isolating each trade with its own margin.
- *Cross Margin Mode*: Share margin across multiple trades to optimize capital usage.
3. Futures Trading
- *Perpetual Contracts*: Trade contracts with no expiration date.
- *Quarterly Contracts*: Trade contracts with a quarterly expiration date.
- *Leverage*: Trade with up to 125x leverage.
4. Options Trading
- *Call Options*: Buy the right to buy an asset at a specified price.
- *Put Options*: Buy the right to sell an asset at a specified price.
- *European Options*: Exercise options only at expiration.
5. Leveraged Tokens
- *Bull Tokens*: Amplify potential gains in a rising market.
- *Bear Tokens*: Amplify potential gains in a falling market.
6. OTC Trading
- *Over-the-Counter*: Trade large quantities of assets directly with a counterparty.
7. P2P Trading
- *Peer-to-Peer*: Trade assets directly with other users.
Please note that some trading types may require additional verification, have specific fees, or carry unique risks. It's essential to understand the risks and terms before engaging in any trading activity on Binance.$BTC
Binance offers various trading types to cater to different trading strategies and risk tolerance. Here are the main trading types available on Binance:
1. Spot Trading
- *Market Order*: Buy or sell at the current market price.
- *Limit Order*: Buy or sell at a specific price you set.
- *Stop-Limit Order*: A combination of a stop-loss order and a limit order.
2. Margin Trading
- *Borrowed Funds*: Trade with borrowed funds to amplify potential gains.
- *Isolated Margin Mode*: Manage risk by isolating each trade with its own margin.
- *Cross Margin Mode*: Share margin across multiple trades to optimize capital usage.
3. Futures Trading
- *Perpetual Contracts*: Trade contracts with no expiration date.
- *Quarterly Contracts*: Trade contracts with a quarterly expiration date.
- *Leverage*: Trade with up to 125x leverage.
4. Options Trading
- *Call Options*: Buy the right to buy an asset at a specified price.
- *Put Options*: Buy the right to sell an asset at a specified price.
- *European Options*: Exercise options only at expiration.
5. Leveraged Tokens
- *Bull Tokens*: Amplify potential gains in a rising market.
- *Bear Tokens*: Amplify potential gains in a falling market.
6. OTC Trading
- *Over-the-Counter*: Trade large quantities of assets directly with a counterparty.
7. P2P Trading
- *Peer-to-Peer*: Trade assets directly with other users.
Please note that some trading types may require additional verification, have specific fees, or carry unique risks. It's essential to understand the risks and terms before engaging in any trading activity on Binance.$BTC
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