🎉 Understanding Orders Without the Boring Stuff!$BTC
Hey traders and newbies! 📊💸
Did you know a limit order is like a blind date? You set your price and wait for the market to "agree" to your terms! 😆 And a stop-loss? That’s like mom’s advice: "If something goes wrong—run!" 🏃♂️
Let’s break down order types in a fun way. Who’s in? Drop your favorite (or most confusing) order type in the comments! 👇 #OrderTyper101
💰 CEX (Binance, Bybit, etc.) - Like a bank: convenient and fast, but remember: *"Not your keys, not your crypto!"* Your assets are held by the platform - meaning risks of hacks and freezes. However, you get high liquidity and fiat pairs.
🦄 DEX (Uniswap, dYdX, etc.) - Your wallet = your money. Complete anonymity, no KYC, but... if you lose your private keys - your tokens are gone forever.
⚡ The Bottom Line: ✅ CEX - For quick trades and beginners ✅ DEX - For those who value control and don't trust intermediaries
**Where are your assets stored?** Do you trust exchanges or prefer full independence? 🤔
💰 Is it really possible to earn in crypto without investments and without risk?**
Short answer: "yes, but it's difficult and little."
Without investments, you can try: ✅ Faucets, bounties, testnets – small payments for simple actions. ✅ Freelancing for crypto – development, design, copywriting. ✅ Learning and content – if you know your stuff, you can monetize your knowledge.
But "without risk" is a myth. Even time is a resource, and scams and price fluctuations are still a reality.
**Conclusion:** you can start from scratch, but serious money requires either skills or investments. 🚀
#TradingTypes101 Trading is buying and selling assets (stocks, currencies, cryptocurrencies) with the aim of earning. Let's break down 5 main types: 1️⃣ Day trading (Intraday trading) - Trades are opened and closed within one day - Minute and hourly charts are used - Suitable if you can dedicate 4-8 hours a day to the market
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