I think that finally next week bnb will surpass 700 usdc. If there are no global crises in the world, if Trump doesn't come up with something, this will happen. Now we just have to wait. If the price doesn't drop below 650, then we will go to 700. Below 650 cancels the growth.
#SpotVSFuturesStrategy Spot and futures trading. What do I choose? Of course, I prefer spot. Perhaps there is not much to earn on spot, but you can't lose everything in just one day here. Futures are riskier, especially since predicting what will happen in the future is quite doubtful. Therefore, spot is better, but to make a profit, you need to enter with a solid amount so that the profit is significant.
#MuskAmericaParty Trump and Musk are similar in that they are both adventurers. But Musk is smarter compared to Trump. I don't know how Trump managed to become president or how he was elected, but he does not shine with intelligence. Have you noticed how he talks? There are almost no complex sentences. I think he is one of the worst presidents in the history of the United States. Maybe Bush Jr. was of the same caliber.
#HODLTradingStrategy Basically, I currently have holdings in both BNB and ETH. I've held BNB for about a month and ETH for 6 months (I bought it for 3630))). Fortunately, I bought both assets on the spot, so I have the opportunity to wait for a profitable sale. There is a profit on BNB, but it is insignificant, and for ETH, I think I will need to wait a few more months.
#OneBigBeautifulBill I think raising the debt limit in the USA will not lead to any significant changes. The USA does this constantly. However, in the future, this bubble may burst. In general, Trump's policy, if it can even be called a policy, will not lead to anything good. The sooner the USA gets rid of Trump, the better it will be for everyone.
the market is feverish. The market just started to recover, but politics intervened again. It is unknown how long this will last. In general, it is somewhat frightening for the world while an inadequate, chatterbox is in the position of president of the most powerful country. We will keep an eye on further events. Trading on the exchange now is like placing a bet in a casino.
The sooner America gets rid of Trump, the better it will be for the USA and the whole world. He doesn't know what he's doing; all his decisions are irresponsible. The tariffs he is planning to impose will primarily harm America more than other countries. It feels like he doesn't understand what he's doing.
#TradingMistakes101 The mistake was buying the altcoin too late. When there was a rising trend. I bought at the peak and then the altcoin went down, I got a loss. But since I trade on spot, there is an opportunity to wait. I think finding the right entry point is the most important moment. If you enter early, it may be a false trend, and if you enter late, the trend is already over.
#CryptoFees101 Regarding commissions, I receive a voucher for a commission rebate of 20 dollars almost every week, valid for 3 days. I use it every time. In the future, I am waiting for a new voucher. I don’t know how it is for you, but that’s how it is for me. The commissions on Binance are insignificant and the good buying and selling opportunities are not noticeable.
#BigTechStablecoin I think stablecoins like USDC and USDT have maintained their stability for a long time. Thus, soon Apple Pay and Google Pay will use them as a means of payment. Both stablecoins have capital backing them. A good percentage from staking also encourages holding money in these stablecoins.
#TradingPairs101 Usually I trade with the pair bnb/usdt or usdc. The pair is not too volatile compared to other pairs, and I can go long, especially in spot trading. However, I always have problems with eth. The last time I bought it for 3630, now I am waiting for it to rise so I can compensate for the losses. Fortunately, I bought it on the spot and have the opportunity to wait.
#OrderTypes101 So far, when I trade, I set the price at which I want to sell the altcoin. And when the price reaches that mark, the order is executed automatically. I also set a stop limit if the price goes in the opposite direction to minimize losses from an incorrect forecast.
$USDC is gaining traction now. It has become a real competitor to USDT. Considering that there are currently no fees for trading pairs with USDC on Binance, trading with USDC is more profitable than with USDT. Also, the interest rate for USDC in staking is currently higher than that of USDT, exceeding ten percent.
I bought BNB and waited for it to surpass 700, so I didn't touch it. But it dropped below 650, and now I am at a loss. Fortunately, I bought it on spot, and the risk is minimal. I believe that after some time, BNB will indeed go over 700, if there are no bad news, tariffs, and new reckless steps from Trump.
$BTC Regarding BTC, I think there will be a decline and there's no need to rush to buy. Right now it is moving in the range of 104000-105600. It should be bought under 100000. Then you can make a profit. But if you are trading on spot, then you can buy now since there is no margin on spot and you can wait a long time for the price at which you want to sell. It could be a month or two, but it will come.
#CryptoSecurity101 I think at the moment when crypto fraudsters are active, keeping funds in wallets is unsafe. I keep funds on Binance that I use for trading. In the future, if there is any 100 percent certainty that it will be impossible to withdraw money from someone else's wallet, then we can reconsider.
#TrumpVsMusk The sooner Trump leaves the position of President of the USA, the better it is for the whole world. Because the USA was a mouthpiece that defined the rules, and these rules were more or less fair. Now that Trump has rejected these rules and is violating them himself. In general, his ability to be the president of the strongest country leaves much to be desired. He cannot connect proposals. Therefore, the quarrel with Musk, a supporter, will be beneficial.
#CEXvsDEX101 For me, the centralized exchange Binance is everything. I started trading on this exchange and continue to do so. The interface is very convenient and easy to understand, with low fees and frequent incentives. I have no desire to use a decentralized exchange because I would need to first dive into it and learn the rules. But why do that if there is Binance.
#TradingTypes101 I think it's possible to buy BNB as it will soon rise to 700. BNB is not a very volatile altcoin, even if it drops, it will be insignificant. The main thing is to trade on the spot to avoid feeling strong fluctuations. Naturally, the amount should be large so that the difference when selling is noticeable.
bnb usdc. I am currently trading this pair because there are no fees. The pair is not volatile. It is stable. I also only buy on the spot, so I can keep a position open for a long time, which cannot be said if you work with margin where you can lose your entire investment.