66SAUDI
Open Trade
Frequent Trader
5.5 Months
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41 Followers
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What is Binance Earn?
Binance Earn is a great place for users to generate passive income from their digital asset balances, offering a variety of products to meet the different needs of investors, from beginners to experienced users.
Binance Earn provides users with the ability to access flexible savings, locked savings, and more – each offering unique features, where flexible savings allow users to deposit and withdraw their funds at any time, while locked savings provide higher interest rates in exchange for committing funds for a specified period.
Binance Earn is a great place for users to generate passive income from their digital asset balances, offering a variety of products to meet the different needs of investors, from beginners to experienced users.
Binance Earn provides users with the ability to access flexible savings, locked savings, and more – each offering unique features, where flexible savings allow users to deposit and withdraw their funds at any time, while locked savings provide higher interest rates in exchange for committing funds for a specified period.
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Trading vs. Investing – What’s the Difference?
Traders and investors both seek to make a profit in financial markets. However, their methods of achieving this goal are completely different.
In general, investors aim for returns over a longer time frame – years or even decades. Since investors have a longer time horizon, their targeted returns for each investment tend to be larger as well.
On the other hand, traders try to take advantage of market fluctuations. They enter and exit trades at a faster pace and may aim for smaller returns with each trade (as they often enter multiple trades).
Which is better? Which is more suitable for you? That’s a decision for you to make. You can start by getting to know the markets, then learn practically. Over time, you will be able to determine which suits your financial goals, personality, and trading profile better.
Traders and investors both seek to make a profit in financial markets. However, their methods of achieving this goal are completely different.
In general, investors aim for returns over a longer time frame – years or even decades. Since investors have a longer time horizon, their targeted returns for each investment tend to be larger as well.
On the other hand, traders try to take advantage of market fluctuations. They enter and exit trades at a faster pace and may aim for smaller returns with each trade (as they often enter multiple trades).
Which is better? Which is more suitable for you? That’s a decision for you to make. You can start by getting to know the markets, then learn practically. Over time, you will be able to determine which suits your financial goals, personality, and trading profile better.
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What is investment?
Investment is the allocation of resources (such as capital) with the expectation of generating a profit. This can include using money to finance and establish a business, or purchasing land with the aim of reselling it later at a higher price. In financial markets, this typically involves investing in financial instruments with the hope of selling them later at a higher price.
The expectation of returns is the basis of the investment concept (this is also referred to as return on investment). Unlike trading, investment usually takes a long-term approach to wealth accumulation. The investor's goal is to build wealth over a long period of time (years, or even decades). There are many ways to do this, but investors typically use fundamental factors to find good potential investment opportunities.
Given the nature of their long-term approach, investors typically do not concern themselves with short-term price fluctuations. Thus, they tend to be relatively passive, not worrying much about short-term losses.
Investment is the allocation of resources (such as capital) with the expectation of generating a profit. This can include using money to finance and establish a business, or purchasing land with the aim of reselling it later at a higher price. In financial markets, this typically involves investing in financial instruments with the hope of selling them later at a higher price.
The expectation of returns is the basis of the investment concept (this is also referred to as return on investment). Unlike trading, investment usually takes a long-term approach to wealth accumulation. The investor's goal is to build wealth over a long period of time (years, or even decades). There are many ways to do this, but investors typically use fundamental factors to find good potential investment opportunities.
Given the nature of their long-term approach, investors typically do not concern themselves with short-term price fluctuations. Thus, they tend to be relatively passive, not worrying much about short-term losses.
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What is trading?
Trading is a fundamental economic concept that involves buying and selling assets. These assets can be goods and services; where the buyer pays their value to the seller. In other cases, the transaction may involve the exchange of goods and services between trading parties.
In the context of financial markets, the assets that are traded are called financial instruments. These assets can take the form of stocks, bonds, currency pairs in the forex market, options, futures, margin trading products, digital currency, and many more. If these terms are new to you, don't worry - we will explain them all later in this article.
The term trading is usually used to refer to short-term trading, where traders actively enter and exit positions in relatively short time frames. However, this is a somewhat misleading assumption. In reality, trading can refer to a wide range of different strategies, such as day trading, swing trading, trend trading, and many more. But don't worry. We will cover each of them in more detail later.
Trading is a fundamental economic concept that involves buying and selling assets. These assets can be goods and services; where the buyer pays their value to the seller. In other cases, the transaction may involve the exchange of goods and services between trading parties.
In the context of financial markets, the assets that are traded are called financial instruments. These assets can take the form of stocks, bonds, currency pairs in the forex market, options, futures, margin trading products, digital currency, and many more. If these terms are new to you, don't worry - we will explain them all later in this article.
The term trading is usually used to refer to short-term trading, where traders actively enter and exit positions in relatively short time frames. However, this is a somewhat misleading assumption. In reality, trading can refer to a wide range of different strategies, such as day trading, swing trading, trend trading, and many more. But don't worry. We will cover each of them in more detail later.
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I am a beginner in the trading and currency markets. I decided to start yesterday by buying currency $WCT for only $10 and I held onto the currency until it increased. I decided to sell and made a profit of only $5. After having $15, I decided to invest in the currencies that had the most losses, and among them was currency $KERNEL , and I achieved a profit as you can see in the picture. Thank God, and I am still holding onto the currency until now. Thank God, I believe it is a good profit for me.
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Today's word of eight letters on the occasion of Founding Day
🫶🏻
🫶🏻
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Word of the day is a gift for everyone #
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Word of the day shared with everyone..
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