Trump will announce whether he will follow through on his tax promises. Today, the market is falling, and the big question is: how will the market react to this decision?
I have noticed that many new users face difficulties due to not knowing some of the features of the Binance platform. I would like to emphasize that understanding all of the application's tools can significantly improve your results. By knowing all of the options, you can optimize both your time and your profits. A very useful feature, especially for those who are unable to track currency movements in real time, is the alert function. With it, you can be notified of both the rise and fall of any currency. This way, you don’t have to constantly monitor the market, but you can still react quickly when a currency reaches a desired value.
A lack of solid knowledge and understanding of how the market behaves can make it difficult for beginners to get the most out of their trades. I speak from experience, as I still have difficulty understanding market movements and accurately predicting when the market will rise or fall.
For example, yesterday I placed a sell order for the currency $SOL at $270, which I thought represented a good return. However, today I woke up to find the price of the currency reaching $294, with some projections indicating that it could even reach $300.
Trailing Stop Concept Trailing stop is an important tool for those looking to optimize the time and execution of purchase and sale orders, avoiding the need to constantly monitor the market.
How Trailing Stop Differs from Stop Limit The main difference between a trailing stop and a stop limit is the flexibility it offers. With a stop limit, you set a fixed value for the buy or sell order, and when the price hits that value, the order is executed. With a trailing stop, you set a percentage variation, which allows the order to follow the market movement, adjusting as the price rises. The order is not triggered immediately if the price falls, which makes a trailing stop a useful option for those looking to maximize profits in volatile markets, allowing you to enjoy gains while the market moves in your favor, but without the need to constantly monitor the trade.
And what about this project? $BIO flopped? Does it have any future? Will it continue to fluctuate like $USUAL ? I'm going to make an entry at 0.65 and see how far the market prospers.
“FDUSD: The Ideal Stablecoin for Your Cryptocurrency Emergency Fund”
# $FDUSD (First Digital USD) is a stablecoin developed by First Digital, a regulated financial institution, with the aim of offering a stable, secure digital payment method with parity to the US dollar (USD). Main features of FDUSD: 1. US Dollar Backing • 1 FDUSD = 1 USD: Each unit of FDUSD is backed* by a reserve of US dollars or highly liquid, low-risk assets. This ensures that the currency maintains a fixed and stable value.
I left a limit order at R$8.36 to sell 50% of my position, withdrew what I invested and still had 10% profit, converted my entire allocation from $1MBABYDOGE to $USUAL in the range of $1.22, to recover the loss of about 20% of my position.
If $USUAL hits $2 as speculated, it will be perfect 🙏🏻
I don't know if I'm sad or happy, sad because I thought about taking out a loan to buy $USUAL and didn't get it, or happy because I have money, even if it's a little, and I've allocated it to $USUAL
Even with the market down, my position is very interesting, as I have no drop below the purchased values of my currencies. $1MBABYDOGE is my only drop that is causing me losses, however, I will not sell, I hope it has a good rise so that I can sell and convert it to $BTC or $ETH in the near future.