#TradeOfTheWeek If the market fluctuates strongly, then the strategy is to act quickly and cut losses, monitoring candles at the 1-minute level. To leverage over 25x, follow the up and down trends for quick profit taking. While $LAYER is crashing, I still make money thanks to the above strategy. I am not a trading expert and do not give advice, but the money is yours, so trade cautiously. Cut losses when necessary. Sometimes cutting losses in time is also a visible rescue. Next are those that rise quickly and continuously, but can also fall unexpectedly like $OM or the most recent one is $LAYER .
#TradeStories $BNB – the cryptocurrency of the Binance exchange – has often made many investors 'gasp' due to unexpected fluctuations. During one transaction, I bought BNB at a price of about 617, hoping that the price would continue to decrease so I could buy more at an average price. However, the market went against my prediction: BNB suddenly surged sharply above 628 just after a few minutes due to positive news from Binance.
In a moment of confusion, I quickly took a small profit when the price dipped, fortunately escaping the risk of a heavier loss if I continued to hold my position against the trend. After that, BNB continued to rise above 330, making me realize the importance of risk management and not relying too heavily on market sentiment.
This situation is a lifelong lesson: the cryptocurrency market is very unpredictable, technical analysis never guarantees certainty, and making timely decisions – even cutting losses – can also be 'a spectacular rescue move'.
$SIGN what stands out to attract investors to invest up to 28.65 million USD 👀
1️⃣What is Sign? Sign is a global infrastructure platform that helps verify and distribute information. The project is currently deployed in the UAE, Thailand, Sierra Leone, and is expanding to over 20 countries 🔥
The main products of Sign include: EthSign, Sign Protocol, Token Table, and Signpass 🔥. In 2024, Sign's revenue reached 15 million USD
2️⃣ Details of $SIGN, the governance token of the project - Total supply: 10 billion - Circulating at TGE: 1.2 billion - Allocation: + Community development fund 40% (10% Airdrop at TGE and 30% to be used in the future) + Backers: 20% + Team Members: 10% + Foundation: 20% + Ecosystem: 10% - Supported networks for receiving/sending Tokens: Ethereum, Base, and BNB Chain - Contract: + Ethereum 0x868FCEd65edBF0056c4163515dD840e9f287A4c3 + Base 0x868fced65edbf0056c4163515dd840e9f287a4c3 + BNB Chain 0x868fced65edbf0056c4163515dd840e9f287a4c3
3️⃣Investors backing Sign Pre-Seed $650K: Haskey Capital, Im Token Seed $12M: Sequoia, Mirana Ventures, Circle Ventures... Funding $16M: YziLabs
This is one of the few rare projects that YziLabs (formerly Binance Labs) has publicly announced the specific amount of funding this investment fund has provided 🚀
Binance will officially list $SIGN at 18:00 tomorrow, if you win the Airdrop from the project, you can deposit $SIGN on Binance to prepare for trading 🔥