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Importance of Investing in a Financially Backed Asset:
More than a year ago, I published a post indicating the importance of staying informed about where we are going to invest our money since most cryptocurrencies today are worthless memes that maintain their price based on media speculation and social media hype. I recommended investing in the cryptocurrency PAXG as it is based on gold and has currently maintained a steady rise, which gives us data on its growth. Can you imagine how much money could have been saved by investing in this cryptocurrency since last year?
$BNB
I share with you a screenshot of its monthly growth, and you can search for yourself and witness its growth.
Follow me if you liked the post.
#PAXGUSDT
More than a year ago, I published a post indicating the importance of staying informed about where we are going to invest our money since most cryptocurrencies today are worthless memes that maintain their price based on media speculation and social media hype. I recommended investing in the cryptocurrency PAXG as it is based on gold and has currently maintained a steady rise, which gives us data on its growth. Can you imagine how much money could have been saved by investing in this cryptocurrency since last year?
$BNB
I share with you a screenshot of its monthly growth, and you can search for yourself and witness its growth.
Follow me if you liked the post.
#PAXGUSDT
See original
Importance of Investing in a Financially Backed Asset
More than a year ago, I published a post indicating the importance of staying informed about where we are going to invest our money, as most cryptocurrencies currently are worthless memes that maintain their price based on media speculation and people's opinions on social media. I recommended investing in the cryptocurrency PAGX, as it is backed by gold and has currently been maintaining a constant rise, which gives us data on its growth. Can you imagine how much money would not have been lost if we had invested in this cryptocurrency since last year?
See original
Who has lost money in this market drop?
Many will tell me, I clearly !!
But let me tell you that the only way to have lost money with this drop is:
1- that you were leveraged in the futures market.
2- having sold your cryptocurrencies.
The first option cannot be fixed; those who lost, lost.
But if, for example, you bought, let's say,
10 units of Solana and they cost you 180 dollars each.
And today each one costs 140 dollars, your capital will have decreased by 400 dollars for the moment. What do I mean by this?
There are 2 options:
1 - sell at a loss and accept your fate.
2 - hold, wait for recovery, and possibly wait for profits. Most people make decision number 1, and that’s why they always lose money. Normally, when there is a drop, the market recovers. For that reason, I am not worried about these drops since the market tends to recover.
What to do when this happens?
Personally, I place my assets in Binance Earn, and they generate daily interest for me. Nothing that will make me a billionaire, but it’s interest that will be generated automatically and without effort.
Remember, any amount in this business is profit!!!!
What I want to convey is that no matter how much the market goes up and down, if you initially bought 10 Solana, as long as you don’t sell, no matter how much the prices fluctuate, you will always have your 10 units of Solana.
Many will tell me, I clearly !!
But let me tell you that the only way to have lost money with this drop is:
1- that you were leveraged in the futures market.
2- having sold your cryptocurrencies.
The first option cannot be fixed; those who lost, lost.
But if, for example, you bought, let's say,
10 units of Solana and they cost you 180 dollars each.
And today each one costs 140 dollars, your capital will have decreased by 400 dollars for the moment. What do I mean by this?
There are 2 options:
1 - sell at a loss and accept your fate.
2 - hold, wait for recovery, and possibly wait for profits. Most people make decision number 1, and that’s why they always lose money. Normally, when there is a drop, the market recovers. For that reason, I am not worried about these drops since the market tends to recover.
What to do when this happens?
Personally, I place my assets in Binance Earn, and they generate daily interest for me. Nothing that will make me a billionaire, but it’s interest that will be generated automatically and without effort.
Remember, any amount in this business is profit!!!!
What I want to convey is that no matter how much the market goes up and down, if you initially bought 10 Solana, as long as you don’t sell, no matter how much the prices fluctuate, you will always have your 10 units of Solana.
See original
Who has lost money in this market crash?
Many will tell me clearly !!
but let me tell you that the only way to have lost money with this crash is:
1- that you were leveraged in the futures market.
2- to have sold your cryptocurrencies.
the first option has no way to be fixed, the one who lost lost.
but if for example you bought I don't know
10 units of solana and they cost you 180 dollars each.
and today each one costs 140 dollars your capital will have decreased 400 dollars for the moment, what do I mean by this?
there are 2 options:
1 - sell at a loss and accept fate.
2 - hold, wait for recovery and possibly wait for profits, most people make decision number 1 and that's why they always lose money and normally when there is a fall the market recovers, for that reason I don't worry about these falls since the market tends to recover.
What to do when this happens?
I personally place my assets in binance earn and they generate interest daily, nothing that will make me a multimillionaire but it is an interest that will be generated automatically and effortlessly.
remember every sum in this business is profit!!!!
#MarketDownturn
Many will tell me clearly !!
but let me tell you that the only way to have lost money with this crash is:
1- that you were leveraged in the futures market.
2- to have sold your cryptocurrencies.
the first option has no way to be fixed, the one who lost lost.
but if for example you bought I don't know
10 units of solana and they cost you 180 dollars each.
and today each one costs 140 dollars your capital will have decreased 400 dollars for the moment, what do I mean by this?
there are 2 options:
1 - sell at a loss and accept fate.
2 - hold, wait for recovery and possibly wait for profits, most people make decision number 1 and that's why they always lose money and normally when there is a fall the market recovers, for that reason I don't worry about these falls since the market tends to recover.
What to do when this happens?
I personally place my assets in binance earn and they generate interest daily, nothing that will make me a multimillionaire but it is an interest that will be generated automatically and effortlessly.
remember every sum in this business is profit!!!!
#MarketDownturn
See original
Have any of you thought about what would happen to the market if memecoins were eliminated and we were the same investors for real cryptocurrencies?
1 - Imagine the investors' capital as a cake.
2 - The number of pieces of cake would be the number of cryptocurrencies available.
3 - And that there were only cryptocurrencies with capital backing.
The portion would be larger for each cryptocurrency, right?
That means a larger investment capital for each one, that means that there would be many investors for each cryptocurrency, which would only raise the price of each one. Now I give you another perspective:
1 - The investors' capital as a cake.
2 - The number of pieces of cake would be the number of cryptocurrencies available.
3 - Now let's take into account the memecoins, which do not have any financial backing, that means that the only thing that maintains their price is the market.
The portion is smaller, right? since there are currently more memecoins than cryptocurrencies, this divides investors' money since the money is literally invested in nothing!! instead of some serious asset, what I mean is that if memecoins did not exist I assure you that the price of BTC or ETH would be through the roof and the market would be more stable, imagine a market of 100 cryptocurrencies and there were only 10 cryptocurrencies it would be 10 for each one, but if we change history and put 100 dollars for 25 cryptocurrencies and it would touch 4 dollars for each one, this lowers the value of each one and divides investors
#MarketDownturn
1 - Imagine the investors' capital as a cake.
2 - The number of pieces of cake would be the number of cryptocurrencies available.
3 - And that there were only cryptocurrencies with capital backing.
The portion would be larger for each cryptocurrency, right?
That means a larger investment capital for each one, that means that there would be many investors for each cryptocurrency, which would only raise the price of each one. Now I give you another perspective:
1 - The investors' capital as a cake.
2 - The number of pieces of cake would be the number of cryptocurrencies available.
3 - Now let's take into account the memecoins, which do not have any financial backing, that means that the only thing that maintains their price is the market.
The portion is smaller, right? since there are currently more memecoins than cryptocurrencies, this divides investors' money since the money is literally invested in nothing!! instead of some serious asset, what I mean is that if memecoins did not exist I assure you that the price of BTC or ETH would be through the roof and the market would be more stable, imagine a market of 100 cryptocurrencies and there were only 10 cryptocurrencies it would be 10 for each one, but if we change history and put 100 dollars for 25 cryptocurrencies and it would touch 4 dollars for each one, this lowers the value of each one and divides investors
#MarketDownturn
See original
I EXPLAIN TO YOU:
What should I do when the price of cryptocurrencies falls?
Well, here is a situation that occurred a few days ago, most of the cryptocurrencies collapsed, many lost money in futures, that money is not recovered since all the losing positions were liquidated.
But what should I do if I am trading?
you have 2 options
1- sell and keep the losses.
2- keep what you already bought, save it and wait for it to stabilize, one method is to save it in the earn wallet which generates interest, nothing that makes us millionaires but it is something extra while the price rises and sell if required.
Remember to buy cryptocurrencies that have financial backing is the only thing that can assure you that they will rise again, buying assets that do not have backing is very risky since nothing and no one guarantees that the price will recover.
I leave you the bitcoin chart with candles of 1 day each so you can see that when an asset collapses it rises again.
The mistake is to get desperate and sell the loss we have when we sell but when we keep we just have to wait for it to be recovered.
FOLLOW ME FOR MORE INFORMATION!!!
SHARE THIS INFORMATION COULD BE USEFUL TO SOMEONE ELSE!!
I leave you the 3 most stable cryptocurrencies to invest if you are a beginner!!!$BTC $ETH $BNB
What should I do when the price of cryptocurrencies falls?
Well, here is a situation that occurred a few days ago, most of the cryptocurrencies collapsed, many lost money in futures, that money is not recovered since all the losing positions were liquidated.
But what should I do if I am trading?
you have 2 options
1- sell and keep the losses.
2- keep what you already bought, save it and wait for it to stabilize, one method is to save it in the earn wallet which generates interest, nothing that makes us millionaires but it is something extra while the price rises and sell if required.
Remember to buy cryptocurrencies that have financial backing is the only thing that can assure you that they will rise again, buying assets that do not have backing is very risky since nothing and no one guarantees that the price will recover.
I leave you the bitcoin chart with candles of 1 day each so you can see that when an asset collapses it rises again.
The mistake is to get desperate and sell the loss we have when we sell but when we keep we just have to wait for it to be recovered.
FOLLOW ME FOR MORE INFORMATION!!!
SHARE THIS INFORMATION COULD BE USEFUL TO SOMEONE ELSE!!
I leave you the 3 most stable cryptocurrencies to invest if you are a beginner!!!$BTC $ETH $BNB
See original
I EXPLAIN TO YOU:
how to trade futures part 2:
Before starting to operate you should know what margins are, there are 2 options:
Isolated and crossed margin, it is advisable to use isolated since only the amount of money bet on the position would be spent. If we use the crossed margin, our entire wallet will be liquidated.
For example, if you use cross margin you have 100 dollars in your futures wallet but you decide to bet 10, only the 10 will not be spent, the movement will continue until the 100 dollars are spent.
On the other hand, if you use isolated margin and bet 10 dollars, only the 10 dollars that were bet will be spent and the remaining 90 will be left for use.
The 2 previous cases will occur if the market goes against what we bet.
You also have to check the graph of the currency you are going to work with, for example I share a screenshot of bitcoin, the price has remained between 67,000 and 70,000 dollars, which is why it is a safe area to bet and not have so many risks.
Additionally, the platform gives you a financing time which is on the right hand side at the top to be able to work in this period of time. When this time passes, the position is closed and remains as it is at that moment.
FOLLOW ME FOR MORE INFORMATION!!
SHARE THIS INFORMATION COULD BE USEFUL TO SOMEONE ELSE!!
I leave you the 3 most stable cryptocurrencies to invest if you are a beginner:
how to trade futures part 2:
Before starting to operate you should know what margins are, there are 2 options:
Isolated and crossed margin, it is advisable to use isolated since only the amount of money bet on the position would be spent. If we use the crossed margin, our entire wallet will be liquidated.
For example, if you use cross margin you have 100 dollars in your futures wallet but you decide to bet 10, only the 10 will not be spent, the movement will continue until the 100 dollars are spent.
On the other hand, if you use isolated margin and bet 10 dollars, only the 10 dollars that were bet will be spent and the remaining 90 will be left for use.
The 2 previous cases will occur if the market goes against what we bet.
You also have to check the graph of the currency you are going to work with, for example I share a screenshot of bitcoin, the price has remained between 67,000 and 70,000 dollars, which is why it is a safe area to bet and not have so many risks.
Additionally, the platform gives you a financing time which is on the right hand side at the top to be able to work in this period of time. When this time passes, the position is closed and remains as it is at that moment.
FOLLOW ME FOR MORE INFORMATION!!
SHARE THIS INFORMATION COULD BE USEFUL TO SOMEONE ELSE!!
I leave you the 3 most stable cryptocurrencies to invest if you are a beginner:
See original
I EXPLAIN TO YOU:
How to operate in futures?
Many still do not operate in the futures option because they do not know how it works and fear losing their assets. Here I will give you a summary of its use.
1- how to have liquidity: you must make a transfer from your wallet, it is easy and the system itself tells you, it can be from your spot wallet or from funds within Binance itself.
2- know how you are going to bet: there are 2 types of bets:
1- LONG: which is represented by the color green when we choose the amount of money to place and bet on this option, we are betting that the price will go up depending on how much it goes up and the leverage we place.
2- SHORT: this is represented by the color red and has the same functionality as LONG but in this case we bet that the price will go down and the same thing happens depending on the leverage.
3- LEVERAGE:
If you have 10 dollars and you leverage it by 10 dollars, it means that you are going to work with 100 dollars, which the more you get right, the more you win, but if you don't get it right when the loss is 10 dollars, the position will be liquidated and you will lose your investment.
The platform will not wait for the 100 dollars at stake to be settled since the platform will not lose money, it only lends it and when it sees that it will not make any profits, it will close the position.
This is the reason, for example, in the last price drop, many positions were liquidated because those who bet that the price would rise lost their capital.
I leave you a link so you can check how to work in future ones:
www.binance.info/futures/ref/564250320
FOLLOW ME FOR MORE INFORMATION!!
If you are new, I leave you the 3 most stable cryptocurrencies!!!!!!
SHARE THE POST IT COULD BE USEFUL TO SOMEONE ELSE!!
How to operate in futures?
Many still do not operate in the futures option because they do not know how it works and fear losing their assets. Here I will give you a summary of its use.
1- how to have liquidity: you must make a transfer from your wallet, it is easy and the system itself tells you, it can be from your spot wallet or from funds within Binance itself.
2- know how you are going to bet: there are 2 types of bets:
1- LONG: which is represented by the color green when we choose the amount of money to place and bet on this option, we are betting that the price will go up depending on how much it goes up and the leverage we place.
2- SHORT: this is represented by the color red and has the same functionality as LONG but in this case we bet that the price will go down and the same thing happens depending on the leverage.
3- LEVERAGE:
If you have 10 dollars and you leverage it by 10 dollars, it means that you are going to work with 100 dollars, which the more you get right, the more you win, but if you don't get it right when the loss is 10 dollars, the position will be liquidated and you will lose your investment.
The platform will not wait for the 100 dollars at stake to be settled since the platform will not lose money, it only lends it and when it sees that it will not make any profits, it will close the position.
This is the reason, for example, in the last price drop, many positions were liquidated because those who bet that the price would rise lost their capital.
I leave you a link so you can check how to work in future ones:
www.binance.info/futures/ref/564250320
FOLLOW ME FOR MORE INFORMATION!!
If you are new, I leave you the 3 most stable cryptocurrencies!!!!!!
SHARE THE POST IT COULD BE USEFUL TO SOMEONE ELSE!!
See original
Equity-backed cryptocurrencies
Previously I talked to you about cryptocurrencies, they are capital backing which if we count them throughout the system, they would give us more than half of all the cryptocurrencies in circulation among that entire conglomerate. I am here to share with you 2 that caught my attention:
1- PAGX: this asset is backed by physical gold, verify it yourselves, search for the cryptocurrency with the name PAGX, go to the information tab and when you go down you will find an option that says visit the website and you will find all the information.
2 - BTTC: this cryptocurrency is a very important one within the system, only that the number of current tokens does not allow it to increase its value much, many expect a burning of units so that the price rises, to know the functionality of this cryptocurrency, repeat the same This step is a good way for PAGX to inform us about what we are going to invest our capital in.
I leave you the 3 most stable cryptocurrencies to invest in if you are a beginner:
$BTC $ETH $BNB
FOLLOW ME FOR MORE INFORMATION!!
SHARE THIS ARTICLE IT COULD BE USEFUL TO SOMEONE
Previously I talked to you about cryptocurrencies, they are capital backing which if we count them throughout the system, they would give us more than half of all the cryptocurrencies in circulation among that entire conglomerate. I am here to share with you 2 that caught my attention:
1- PAGX: this asset is backed by physical gold, verify it yourselves, search for the cryptocurrency with the name PAGX, go to the information tab and when you go down you will find an option that says visit the website and you will find all the information.
2 - BTTC: this cryptocurrency is a very important one within the system, only that the number of current tokens does not allow it to increase its value much, many expect a burning of units so that the price rises, to know the functionality of this cryptocurrency, repeat the same This step is a good way for PAGX to inform us about what we are going to invest our capital in.
I leave you the 3 most stable cryptocurrencies to invest in if you are a beginner:
$BTC $ETH $BNB
FOLLOW ME FOR MORE INFORMATION!!
SHARE THIS ARTICLE IT COULD BE USEFUL TO SOMEONE
See original
Equity-backed cryptocurrencies
Previously I told you about cryptocurrencies, they are capital backing which, if we count them throughout the system, would give us more than half of all the cryptocurrencies in circulation among that entire conglomerate. I am here to share with you 2 that caught my attention:
1- PAGX: this asset is backed by physical gold, verify it yourselves, search for the cryptocurrency with the name PAGX, go to the information tab and when you go down you will find an option that says visit the website and you will find all the information.
1- PAGX: this asset is backed by physical gold, verify it yourselves, search for the cryptocurrency with the name PAGX, go to the information tab and when you go down you will find an option that says visit the website and you will find all the information.
See original
#Bitcoin I will explain to you why people lose their capital:
Most of them lose their capital at most because they do not investigate well. They only see a post where a person tells you: x cryptocurrencies go up soon, buy and collect profits. Guess what happens?
The person loses money while the person who creates the post does not invest, he just creates a post and that's it.
They do not check the graph of the assets to buy at least to see the movement and what prices the cryptocurrency has remained at.
Do not verify what the project is anchored to, all the cryptocurrencies on Binance have a link to their main pages where we can verify what the asset is backed by.
buy cryptocurrencies only because they are fashionable, I give you an example: (Pepe) I myself have worked with Pepe in the past and I made profits from it. Currently I do not work with it since it has risen in price and when it collapses I do not want to be there is.
Do not buy cryptocurrencies with financial backing, these are the MEME cryptocurrencies like the one mentioned above. If you look at its graph and go to the information tab, you will see the link to the official page of the cryptocurrency and if you check carefully it will tell you that it is It doesn't have any financial backing, it's just a meme, I don't think it's very smart to invest long term in something like that since the only thing that keeps it afloat is the current market, meaning investors will get bored when a new one arrives and stop buying. and we already know what will happen.
If you are a beginner I leave you the 3 most stable assets on the platform!!!
FOLLOW ME FOR MORE INFORMATION!!!!
SHARE THIS POST COULD BE USEFUL TO SOMEONE ELSE!!!
Most of them lose their capital at most because they do not investigate well. They only see a post where a person tells you: x cryptocurrencies go up soon, buy and collect profits. Guess what happens?
The person loses money while the person who creates the post does not invest, he just creates a post and that's it.
They do not check the graph of the assets to buy at least to see the movement and what prices the cryptocurrency has remained at.
Do not verify what the project is anchored to, all the cryptocurrencies on Binance have a link to their main pages where we can verify what the asset is backed by.
buy cryptocurrencies only because they are fashionable, I give you an example: (Pepe) I myself have worked with Pepe in the past and I made profits from it. Currently I do not work with it since it has risen in price and when it collapses I do not want to be there is.
Do not buy cryptocurrencies with financial backing, these are the MEME cryptocurrencies like the one mentioned above. If you look at its graph and go to the information tab, you will see the link to the official page of the cryptocurrency and if you check carefully it will tell you that it is It doesn't have any financial backing, it's just a meme, I don't think it's very smart to invest long term in something like that since the only thing that keeps it afloat is the current market, meaning investors will get bored when a new one arrives and stop buying. and we already know what will happen.
If you are a beginner I leave you the 3 most stable assets on the platform!!!
FOLLOW ME FOR MORE INFORMATION!!!!
SHARE THIS POST COULD BE USEFUL TO SOMEONE ELSE!!!
See original
I explain to you what function this table has:
1- the green row are the purchase orders, the green numbers are the prices at which investors are willing to buy and the white numbers on the left are the amount of accumulated cryptocurrencies to buy if the price reaches go down to that price.
2- the red row are the sell orders, the red numbers are the price at which investors are willing to sell and the white numbers to the right are the amount of cryptocurrencies accumulated for sale, this is yes the price goes up to there.
Fact: when you want to buy or sell and you have already placed your order and are waiting for it to become effective, it is highlighted with an arrow next to the price, whether to buy or sell.
For example, if you check the sell orders (red color) and they go down to the price of 0.00000122, you will see an arrow next to it, this means that I place my cryptocurrencies to sell at this price and the sale will become effective when the price reaches this number.
A very important clarification, when the amount of cryptocurrencies is so high, most of the time the sale and/or the purchase is delayed since until the market is available the order does not become effective, I explain this in another publication.
I leave you the 3 most stable assets to invest if you are a beginner:$BTC
FOLLOW ME FOR MORE INFORMATION
SHARE THIS POST IT COULD BE USEFUL TO SOMEONE ELSE!!!
1- the green row are the purchase orders, the green numbers are the prices at which investors are willing to buy and the white numbers on the left are the amount of accumulated cryptocurrencies to buy if the price reaches go down to that price.
2- the red row are the sell orders, the red numbers are the price at which investors are willing to sell and the white numbers to the right are the amount of cryptocurrencies accumulated for sale, this is yes the price goes up to there.
Fact: when you want to buy or sell and you have already placed your order and are waiting for it to become effective, it is highlighted with an arrow next to the price, whether to buy or sell.
For example, if you check the sell orders (red color) and they go down to the price of 0.00000122, you will see an arrow next to it, this means that I place my cryptocurrencies to sell at this price and the sale will become effective when the price reaches this number.
A very important clarification, when the amount of cryptocurrencies is so high, most of the time the sale and/or the purchase is delayed since until the market is available the order does not become effective, I explain this in another publication.
I leave you the 3 most stable assets to invest if you are a beginner:$BTC
FOLLOW ME FOR MORE INFORMATION
SHARE THIS POST IT COULD BE USEFUL TO SOMEONE ELSE!!!
See original
I EXPLAIN TO YOU
Long-term investment :
Long-term investment is used most of the time by what we call in the crypto world (whales). These are the causes of price rises and falls in some cryptocurrencies. They are users who buy many amounts of cryptocurrencies at a specific time. and they keep them for a period of time, it could be months or even years since they work this way.
Many buy when, for example, this week, since the assets have suddenly dropped in price, they buy, hold for a while and then sell, this is how they accumulate profits.
Many buy and block them in the portfolio tab called EARN, which gives you a percentage as interest for the time they decide to have the assets blocked. After this, if it is convenient for them, they sell.
Summary: the long term is for buying and selling in long periods of time while having the asset still in our portfolio.
I LEAVE YOU THE 3 MOST STABLE ASSETS TO INVEST
FOLLOW ME FOR MORE INFORMATION!!!!
SHARE THIS INFORMATION COULD BE USEFUL TO SOMEONE ELSE!!
When you invest in what any post tells you:
Long-term investment :
Long-term investment is used most of the time by what we call in the crypto world (whales). These are the causes of price rises and falls in some cryptocurrencies. They are users who buy many amounts of cryptocurrencies at a specific time. and they keep them for a period of time, it could be months or even years since they work this way.
Many buy when, for example, this week, since the assets have suddenly dropped in price, they buy, hold for a while and then sell, this is how they accumulate profits.
Many buy and block them in the portfolio tab called EARN, which gives you a percentage as interest for the time they decide to have the assets blocked. After this, if it is convenient for them, they sell.
Summary: the long term is for buying and selling in long periods of time while having the asset still in our portfolio.
I LEAVE YOU THE 3 MOST STABLE ASSETS TO INVEST
FOLLOW ME FOR MORE INFORMATION!!!!
SHARE THIS INFORMATION COULD BE USEFUL TO SOMEONE ELSE!!
When you invest in what any post tells you:
See original
#Bitcoin I will explain why people lose their capital:
Most of them lose their capital at most because they do not investigate well. They only see a post where a person tells you: x cryptocurrencies go up soon, buy and collect profits. Guess what happens?
The person loses money while the person who creates the post does not invest, he just creates a post and that's it.
They do not check the graph of the assets to buy at least to see the movement and what prices the cryptocurrency has remained at.
Do not verify what the project is anchored to, all the cryptocurrencies on Binance have a link to their main pages where we can verify what the asset is backed by.
buy cryptocurrencies only because they are fashionable, I give you an example: (Pepe) I myself have worked with Pepe in the past and I made profits from it. Currently I do not work with it since it has risen in price and when it collapses I do not want to be there is.
Do not buy cryptocurrencies with financial backing, these are the MEME cryptocurrencies like the one mentioned above. If you look at its graph and go to the information tab, you will see the link to the official page of the cryptocurrency and if you check carefully it will tell you that it is It doesn't have any financial backing, it's just a meme, I don't think it's very smart to invest long term in something like that since the only thing that keeps it afloat is the current market, meaning investors will get bored when a new one arrives and stop buying. and we already know what will happen.
I leave you the 3 most stable assets on the platform!!!
FOLLOW ME FOR MORE INFORMATION!!!!
SHARE THIS POST COULD BE USEFUL TO SOMEONE ELSE!!!
Most of them lose their capital at most because they do not investigate well. They only see a post where a person tells you: x cryptocurrencies go up soon, buy and collect profits. Guess what happens?
The person loses money while the person who creates the post does not invest, he just creates a post and that's it.
They do not check the graph of the assets to buy at least to see the movement and what prices the cryptocurrency has remained at.
Do not verify what the project is anchored to, all the cryptocurrencies on Binance have a link to their main pages where we can verify what the asset is backed by.
buy cryptocurrencies only because they are fashionable, I give you an example: (Pepe) I myself have worked with Pepe in the past and I made profits from it. Currently I do not work with it since it has risen in price and when it collapses I do not want to be there is.
Do not buy cryptocurrencies with financial backing, these are the MEME cryptocurrencies like the one mentioned above. If you look at its graph and go to the information tab, you will see the link to the official page of the cryptocurrency and if you check carefully it will tell you that it is It doesn't have any financial backing, it's just a meme, I don't think it's very smart to invest long term in something like that since the only thing that keeps it afloat is the current market, meaning investors will get bored when a new one arrives and stop buying. and we already know what will happen.
I leave you the 3 most stable assets on the platform!!!
FOLLOW ME FOR MORE INFORMATION!!!!
SHARE THIS POST COULD BE USEFUL TO SOMEONE ELSE!!!
INVERTIR EN UN MEME?
0%
INVERTIR CON RESPALDO?
0%
INVERTIR POR MODA?
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0 votes • Voting closed
See original
I explain to you:
What is Short Term Trading?
Hello everyone, in this publication I tell you what short-term trading is since many still do not know it.
To begin buying and selling in short times, it is called short-term since the asset is bought and sold very quickly.
For the newest, these movements are of minutes and even hours. I have bought in these periods of time when an asset is very volatile (it goes up and down in price very quickly), giving the opportunity to trade in a very short time, but for the most Experienced, the short term can be days, even weeks, since with experience it is known that from one minute to the next a lot of capital can be lost.
The benefits can be many but if the price collapses we have 2 options left: sell and make losses or hold and wait for it to rise, which is why for many the short term is very risky since as you win you also lose.
I share a snapshot of short term trading each candle equals one hour.
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I share 3 cryptocurrencies to trade if you are starting, they are the most stable!!!!!
What is Short Term Trading?
Hello everyone, in this publication I tell you what short-term trading is since many still do not know it.
To begin buying and selling in short times, it is called short-term since the asset is bought and sold very quickly.
For the newest, these movements are of minutes and even hours. I have bought in these periods of time when an asset is very volatile (it goes up and down in price very quickly), giving the opportunity to trade in a very short time, but for the most Experienced, the short term can be days, even weeks, since with experience it is known that from one minute to the next a lot of capital can be lost.
The benefits can be many but if the price collapses we have 2 options left: sell and make losses or hold and wait for it to rise, which is why for many the short term is very risky since as you win you also lose.
I share a snapshot of short term trading each candle equals one hour.
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I share 3 cryptocurrencies to trade if you are starting, they are the most stable!!!!!
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#Bitcoin Losses of beginners in cryptocurrencies:
1- Follow recommendations from people who only upload information to have followers, if we analyze the information that most upload it is only (JARSH CONTENT) that the only thing it does is saturate the information network and normally this type of content is the one that receives the most attention understand this because the majority only reads the first thing that appears. For example, a person uploads content informing "X cryptocurrency is going to rise, buy now and you will make profits" and the person with little knowledge buys it and the price automatically falls since it is Very volatile, who loses? I assure you that the person who uploaded the content did not invest in that asset, the investor who joined what the publication said just because it had many likes or many views loses.
2- Buy by intuition: this may work from time to time but most of the time it only generates losses since this is a Business here, feelings or premonitions are not sold and bought, here we negotiate with real money we cannot wait to Let our portfolio go up just because, we have to invest wisely since in business he who wins wins and he who loses loses if you lose your capital the market is not going to return it to you.
3- Investigating the asset that is going to be marketed is the first and most important step to investing, whether in the short or long term (I will explain this in 2 more posts) since this is one of the objectives, you must review how it has been done. moved the asset according to the time periods that we want to verify, if we do not do this we are directly on the path to losing the capital, it is also important to see what the cryptocurrency is based on (the project to which it is intended or how the capital is verified) to Those who don't know, most cryptocurrencies are backed with a project so that they do not lose their value in the market.
Follow me for more information!!!!
Share it could be useful to someone else
I am attentive to any questions!!
1- Follow recommendations from people who only upload information to have followers, if we analyze the information that most upload it is only (JARSH CONTENT) that the only thing it does is saturate the information network and normally this type of content is the one that receives the most attention understand this because the majority only reads the first thing that appears. For example, a person uploads content informing "X cryptocurrency is going to rise, buy now and you will make profits" and the person with little knowledge buys it and the price automatically falls since it is Very volatile, who loses? I assure you that the person who uploaded the content did not invest in that asset, the investor who joined what the publication said just because it had many likes or many views loses.
2- Buy by intuition: this may work from time to time but most of the time it only generates losses since this is a Business here, feelings or premonitions are not sold and bought, here we negotiate with real money we cannot wait to Let our portfolio go up just because, we have to invest wisely since in business he who wins wins and he who loses loses if you lose your capital the market is not going to return it to you.
3- Investigating the asset that is going to be marketed is the first and most important step to investing, whether in the short or long term (I will explain this in 2 more posts) since this is one of the objectives, you must review how it has been done. moved the asset according to the time periods that we want to verify, if we do not do this we are directly on the path to losing the capital, it is also important to see what the cryptocurrency is based on (the project to which it is intended or how the capital is verified) to Those who don't know, most cryptocurrencies are backed with a project so that they do not lose their value in the market.
Follow me for more information!!!!
Share it could be useful to someone else
I am attentive to any questions!!
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Hello, are you new to the world of tokens and cryptocurrencies?
I will be creating content with this user for new people who want to learn or those who already have time and still do not see profits. I will be informing which cryptocurrencies are the most stable and several other secrets that the majority does not share and do not report due to lack of knowledge of the market.
Follow me to have this information first hand!!!!!
I will be answering any questions you have in this article, feel free to ask your questions!!!
#BTTC
I will be creating content with this user for new people who want to learn or those who already have time and still do not see profits. I will be informing which cryptocurrencies are the most stable and several other secrets that the majority does not share and do not report due to lack of knowledge of the market.
Follow me to have this information first hand!!!!!
I will be answering any questions you have in this article, feel free to ask your questions!!!
#BTTC
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Do you want to start trading?
I leave you the 3 most stable cryptocurrencies to get you started!!!!!!!
I leave you the 3 most stable cryptocurrencies to get you started!!!!!!!
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