$BTC James Wynn is betting $1.25 billion on Bitcoin with 40x leverage 🤯 The well-known trader opened a long position on the decentralized Hyperliquid platform with an extremely large amount using a crazy 40x leverage. This means he currently holds 11,588 Bitcoins and the liquidation point is at $105,180 🧨 What happened is that he exited huge positions in Ethereum and PEPE and suddenly shifted all focus to Bitcoin! In a post on X, he said he expects the price to reach $110,500 today and might touch $118,000 - $121,000 next week 🚀 This bet is not simple at all, and the risk is very high, but James Wynn is not an ordinary person. He has made profits reaching $46 million from trades with leverage between 5x and 40x previously 💸 The question everyone is asking... Will this crazy bet succeed?
Important tips for beginners on Binance: Have you started your journey in the world of cryptocurrencies on Binance? Here are some golden tips to help you succeed and avoid mistakes: Start with a small amount: Don't invest all your money at once; try first with small amounts. Enable two-factor authentication (2FA): To protect your account from hacking. Learn the basics: Read about cryptocurrencies, trading methods, and how to read charts. Use limit orders: To set the price at which you want to buy or sell, and avoid sudden losses. Don't follow rumors: Rely on trusted analyses and studies. Risk management: Don't risk more than 1-2% of your capital in a single trade. Keep a portion of your funds in a cold wallet: To secure your money away from constant trading. Stay updated with news and updates: As they significantly affect the market. Be patient and avoid greed: Trading requires time and continuous learning. Keep learning: Take advantage of available educational resources and improve your skills. Start wisely and invest smartly! #$#
How I made my first 100 dollars from Binance... without leverage! In my early days with cryptocurrencies, I heard a lot about amazing profits... but I was hesitant. Everyone was talking about leverage, but I decided to take a different path: profit from spot trading only, without any significant risk. I started with only 200 dollars, and I decided to try applying 3 simple rules: 1. I only buy coins with a clear project and team. 2. I don’t buy during the rise; I wait for a correction and then enter. 3. I set a simple profit percentage (5-10%) and exit immediately, without greed. I worked on coins like: BNB MATIC LINK I kept up with the news, and analyzed the charts simply, without complication. After a few successful trades and using the same strategy, I reached my first 100 dollars in profit in less than a month! I didn’t use leverage, nor did I take risks. The steps were simple, but steady. **Do you want me to explain my strategy in detail? Write (explanation) in the comments, and I will post it.