Abdul_Hakim_2090
Open Trade
Occasional Trader
1 Years
binance is the best
1 Following
1 Followers
2 Liked
1 Shared
Posts
I recently made a trade with SOL/USDT based on a breakout from a descending triangle. I entered at $160 with a stop-loss at $152 and take-profit at $176. I risked only 1.5% of my capital. The trade went well, and I closed it at $172, booking a solid profit. I keep a journal of every trade to analyze what worked and what didn’t. By sticking to my strategy and managing risk, I’m slowly becoming a more disciplined trader. #TradingOperations
$BTC Bitcoin ($BTC ) is the foundation of the entire crypto market. It’s not only the first cryptocurrency but also the most widely adopted. With institutional interest growing and BTC ETFs getting approval in many countries, Bitcoin’s use case as a store of value is stronger than ever. I personally use a dollar-cost averaging strategy to invest in BTC regularly, regardless of price. It's volatile, yes—but no other coin has the same level of trust and global adoption. $BTC
I recently made a trade with SOL/USDT based on a breakout from a descending triangle. I entered at $160 with a stop-loss at $152 and take-profit at $176. I risked only 1.5% of my capital. The trade went well, and I closed it at $172, booking a solid profit. I keep a journal of every trade to analyze what worked and what didn’t. By sticking to my strategy and managing risk, I’m slowly becoming a more disciplined trader. #TradingOperations
#SouthKoreaCryptoPolicy South Korea is known for its strict but innovative crypto policies. The government requires all exchanges to register and follow anti-money laundering rules. Real-name trading is mandatory, and anonymous accounts are banned. The Financial Services Commission also enforces rules for investor protection and transparency. Despite regulations, South Korea is a big player in the crypto market, especially with its tech-savvy youth. Policies may be strict, but they also create a safer environment. #SouthKoreaCryptoPolicy
#CryptoCharts101 Reading crypto charts is essential for technical analysis. Candlestick charts show price movements over time—green for bullish, red for bearish. Support and resistance levels indicate where price may bounce or reverse. Indicators like RSI (Relative Strength Index) help spot overbought or oversold conditions. I also use moving averages to track trends. Patterns like triangles or double tops can signal breakouts. By analyzing charts, I make more informed trades rather than guessing market direction. #CryptoCharts101
#TradingMistakes101 Every trader makes mistakes, but learning from them is key. One common mistake is overtrading—trying to catch every move can lead to burnout and losses. Another is not using stop-loss, which exposes you to major risks. I used to jump into hype coins without research, only to see them crash. Emotional trading and revenge trading are dangerous too. Now I follow a strategy, stick to my rules, and always evaluate trades. Mistakes are part of the journey. Learn and move forward. #TradingMistakes101
#CryptoFees101 Crypto trading fees vary by platform and trading volume. On centralized exchanges, you usually pay maker or taker fees—these can range from 0.01% to 0.1%. Some platforms offer discounts if you pay fees using their native token (like BNB on Binance). On DEXs, you also pay gas fees for transactions, especially high on Ethereum. Always check the fee structure before placing trades. Personally, I try to reduce fees by using limit orders and holding fee tokens. #CryptoFees101
#CryptoSecurity101 Crypto security is a must for every trader and investor. Use strong, unique passwords and enable 2FA on exchanges. Never share private keys or seed phrases. Avoid phishing links and always double-check URLs. Cold wallets (hardware wallets) are safest for long-term holding. For hot wallets, like MetaMask, use them for smaller amounts. I always back up my seed phrase offline and never store it in cloud or email. Stay cautious—crypto hacks and scams are common, but proper security habits protect you. #CryptoSecurity101
#TradingPairs101 Trading pairs are combinations of two assets you can trade between, like BTC/USDT or ETH/BUSD. Understanding pairs is essential for effective trading. When I trade BTC/USDT, I’m buying BTC with USDT or selling BTC for USDT. Some pairs are crypto-to-stablecoin, while others are crypto-to-crypto. Choosing the right pair can impact your trade’s success. Also, pairs with high volume usually offer better spreads and less slippage. Always consider volume and volatility when selecting trading pairs. #TradingPairs101
#Liquidity101 Liquidity refers to how easily an asset can be bought or sold without affecting its price. High liquidity means more stable prices and faster transactions, as seen with popular coins like BTC or ETH. Low liquidity, common in smaller altcoins, can lead to price volatility and slippage. In centralized exchanges, liquidity is maintained by market makers, while in decentralized exchanges, it's provided by liquidity pools. As a trader, I always check liquidity before entering a trade to avoid unnecessary risk. #Liquidity101
#OrderTypes101 Order types are crucial in trading strategies. Market orders are executed instantly at the current price, ideal for speed but not always for price precision. Limit orders allow you to set the price, ensuring better control but no guarantee of execution. Stop-loss orders protect from heavy losses by automatically selling a coin if the price drops below a certain level. Take-profit orders secure profits by selling at a pre-defined level. Knowing when and how to use these can make a big difference in outcomes. #OrderTypes101
#CEXvsDEX101 When comparing CEX (Centralized Exchanges) and DEX (Decentralized Exchanges), both have unique strengths and weaknesses. CEXs like Binance or Coinbase offer high liquidity, user-friendly interfaces, and customer support. However, they require KYC and custody of user funds. On the other hand, DEXs such as Uniswap or PancakeSwap offer more privacy and control, as users retain their private keys. But DEXs often have lower liquidity and higher slippage. Personally, I prefer CEXs for fast trades and DEXs for long-term DeFi projects. It’s essential to know the difference before deciding where to trade. #CEXvsDEX101
Today I took a trade on ETH based on its breakout from a consolidation range. I spotted bullish divergence on the RSI and entered long at $3,100. My stop-loss was $3,030 and take-profit target was $3,300. I used proper risk management with only 2% of my portfolio. I also monitored ETH/BTC ratio for trend strength. Documenting my trades helps keep me disciplined and accountable. It’s a great way to learn from mistakes and improve. #TradingJournal
$BTC Bitcoin ($BTC ) continues to dominate the market as it holds strong above major support levels. Recent ETF inflows and growing institutional interest are pushing BTC’s narrative as digital gold. On-chain data shows strong accumulation by long-term holders. I believe we may see a breakout soon if macroeconomic conditions stay favorable. My strategy is simple: dollar-cost averaging (DCA) and holding through volatility. $BTC has already proven itself over the years and I’m optimistic about its future. #BTC
Today I took a trade on ETH based on its breakout from a consolidation range. I spotted bullish divergence on the RSI and entered long at $3,100. My stop-loss was $3,030 and take-profit target was $3,300. I used proper risk management with only 2% of my portfolio. I also monitored ETH/BTC ratio for trend strength. Documenting my trades helps keep me disciplined and accountable. It’s a great way to learn from mistakes and improve. #TradingJournal
#TradingTypes101 There are many trading types in crypto, and knowing the difference can make a huge impact. For example, scalping is for quick, small profits and requires constant attention. Day trading involves entering and exiting positions within the same day, while swing trading focuses on capturing bigger price moves over a few days or weeks. Position trading is long-term and is often based on fundamentals. Each style has different risk levels and time commitment. Personally, I prefer swing trading as it balances time and reward. #TradingTypes101
I'm new to Binance and just exploring all the features. So far, the app looks great and easy to use. I'm excited to learn more about crypto, earn rewards, and connect with the community here. Looking forward to the journey ahead!
I'm new to Binance and just exploring all the features. So far, the app looks great and easy to use. I'm excited to learn more about crypto, earn rewards, and connect with the community here. Looking forward to the journey ahead!
Login to explore more contents