shaibi12
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Occasional Trader
3.4 Years
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If You Invested $100 In Dogecoin When Elon Musk Tweeted About The Crypto, Here's How Much You'd have
Dogecoin traded a $0.002552 on April 2, 2019, around the time of Musk's first tweet mentioning Dogecoin. If you bought $100 in Dogecoin at that time, you would have 39,185 DOGE today. The value of the $100 investment would now be $8,105 based on a current Dogecoin price of $0.2132 at the time of writing. This represents a hypothetical return of 16,000%
Dogecoin traded at $0.003084 on July 17, 2020, at its highest price. A $100 investment on that day could have bought 32,425 DOGE. The value of the $100 investment would have grown to $13,326 today. This represents a hypothetical return of 13,000%
Dogecoin hit an all-time high of $0.7376 in May 2021. At its peak, these $100 investments in Dogecoin based on Musk's tweets would have been worth $28,902.86 and $23,913
Remember to follow and like please
Dogecoin traded a $0.002552 on April 2, 2019, around the time of Musk's first tweet mentioning Dogecoin. If you bought $100 in Dogecoin at that time, you would have 39,185 DOGE today. The value of the $100 investment would now be $8,105 based on a current Dogecoin price of $0.2132 at the time of writing. This represents a hypothetical return of 16,000%
Dogecoin traded at $0.003084 on July 17, 2020, at its highest price. A $100 investment on that day could have bought 32,425 DOGE. The value of the $100 investment would have grown to $13,326 today. This represents a hypothetical return of 13,000%
Dogecoin hit an all-time high of $0.7376 in May 2021. At its peak, these $100 investments in Dogecoin based on Musk's tweets would have been worth $28,902.86 and $23,913
Remember to follow and like please
🚀 #TradingTypes101: Which Trading Style Suits You?
Crypto trading isn’t one-size-fits-all. Whether you're in it for the long haul or love the thrill of fast moves, understanding your trading type can help you trade smarter. Here’s a quick guide to the most popular styles:
🏃 Day Trading
Fast-paced and intense, day traders open and close positions within the same day. They thrive on market volatility and use technical analysis to make quick decisions.
Best for: Active traders with time and nerves of steel.
Risk: High.
Reward: Fast profits.
🧠 Swing Trading
Swing traders ride market trends over days or weeks. This style combines technical and fundamental analysis.
Best for: Strategic thinkers with some patience.
Risk: Medium.
Reward: Good returns with less screen time.
🐢 Position Trading
Also known as HODLing, this is a long-term strategy where traders hold assets for months or years.
Best for: Believers in long-term crypto growth.
Risk: Low to medium.
Reward: Potential long-term gains.
⚡ Scalping
Scalpers make multiple trades in minutes to profit from tiny price moves.
Best for: Detail-oriented, fast decision-makers.
Risk: High.
Reward: Small, frequent wins.
Find your edge. Stick to your style. Trade wisely.
#TradingTypes101 #BinanceAcademy #CryptoTrading #KnowYourStyle
Crypto trading isn’t one-size-fits-all. Whether you're in it for the long haul or love the thrill of fast moves, understanding your trading type can help you trade smarter. Here’s a quick guide to the most popular styles:
🏃 Day Trading
Fast-paced and intense, day traders open and close positions within the same day. They thrive on market volatility and use technical analysis to make quick decisions.
Best for: Active traders with time and nerves of steel.
Risk: High.
Reward: Fast profits.
🧠 Swing Trading
Swing traders ride market trends over days or weeks. This style combines technical and fundamental analysis.
Best for: Strategic thinkers with some patience.
Risk: Medium.
Reward: Good returns with less screen time.
🐢 Position Trading
Also known as HODLing, this is a long-term strategy where traders hold assets for months or years.
Best for: Believers in long-term crypto growth.
Risk: Low to medium.
Reward: Potential long-term gains.
⚡ Scalping
Scalpers make multiple trades in minutes to profit from tiny price moves.
Best for: Detail-oriented, fast decision-makers.
Risk: High.
Reward: Small, frequent wins.
Find your edge. Stick to your style. Trade wisely.
#TradingTypes101 #BinanceAcademy #CryptoTrading #KnowYourStyle
what is CEX
#CEXvsDEX101: Understanding Centralized vs Decentralized Exchanges
In the rapidly evolving world of cryptocurrency, one of the most debated topics is the choice between Centralized Exchanges (CEX) and Decentralized Exchanges (DEX). Both serve the same fundamental purpose — facilitating the trading of digital assets — but they do so in very different ways. Here’s a beginner-friendly breakdown.
What is a CEX?
A Centralized Exchange (CEX), like Binance, Coinbase, or Kraken, operates similarly to traditional stock exchanges. These platforms are run by companies that act as intermediaries, offering user-friendly interfaces, high liquidity, and customer support. Users must deposit funds into the exchange, which means the platform holds custody of your crypto.
Pros:
High trading volume and liquidity
Faster transactions
Easy-to-use interfaces
Customer support
Cons:
Centralized control (risk of hacks or mismanagement)
KYC/AML compliance required (less privacy)
Users don’t control their private keys
What is a DEX?
A Decentralized Exchange (DEX), such as Uniswap, PancakeSwap, or dYdX, allows users to trade crypto directly with one another using smart contracts — no middleman involved. Funds stay in your wallet until the transaction is made, offering a more autonomous and censorship-resistant experience.
Pros:
You control your private keys
Increased privacy
No single point of failure
Often lower fees
Cons:
Can be harder to use for beginners
Lower liquidity for smaller tokens
Limited customer support
Risk of smart contract vulnerabilities
Which is Better?
It depends on your needs. If you're new to crypto and value convenience, a CEX might be the way to start. If you’re more experienced and prioritize privacy, control, and decentralization, a DEX could be your go-to platform.
Final Thoughts
#CEXvsDEX101 is more than a technical choice — it’s about how much control you want over your assets and how you weigh trust vs. autonomy. As the crypto landscape continues to grow, many traders find themselves using both for different purposes.
In the rapidly evolving world of cryptocurrency, one of the most debated topics is the choice between Centralized Exchanges (CEX) and Decentralized Exchanges (DEX). Both serve the same fundamental purpose — facilitating the trading of digital assets — but they do so in very different ways. Here’s a beginner-friendly breakdown.
What is a CEX?
A Centralized Exchange (CEX), like Binance, Coinbase, or Kraken, operates similarly to traditional stock exchanges. These platforms are run by companies that act as intermediaries, offering user-friendly interfaces, high liquidity, and customer support. Users must deposit funds into the exchange, which means the platform holds custody of your crypto.
Pros:
High trading volume and liquidity
Faster transactions
Easy-to-use interfaces
Customer support
Cons:
Centralized control (risk of hacks or mismanagement)
KYC/AML compliance required (less privacy)
Users don’t control their private keys
What is a DEX?
A Decentralized Exchange (DEX), such as Uniswap, PancakeSwap, or dYdX, allows users to trade crypto directly with one another using smart contracts — no middleman involved. Funds stay in your wallet until the transaction is made, offering a more autonomous and censorship-resistant experience.
Pros:
You control your private keys
Increased privacy
No single point of failure
Often lower fees
Cons:
Can be harder to use for beginners
Lower liquidity for smaller tokens
Limited customer support
Risk of smart contract vulnerabilities
Which is Better?
It depends on your needs. If you're new to crypto and value convenience, a CEX might be the way to start. If you’re more experienced and prioritize privacy, control, and decentralization, a DEX could be your go-to platform.
Final Thoughts
#CEXvsDEX101 is more than a technical choice — it’s about how much control you want over your assets and how you weigh trust vs. autonomy. As the crypto landscape continues to grow, many traders find themselves using both for different purposes.
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