AbuSkhar
112 Following
40 Followers
38 Liked
2 Shared
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#شارك_أفكارك_حول_BTC
$BTC $BNB
To the market maker CZ, according to your instructions, we will buy the next dip hahaha
$BTC $BNB
To the market maker CZ, according to your instructions, we will buy the next dip hahaha
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Very nice topic of trust in risk management in these storms
The crypto market needs this kind of trust 😂 $PENGU $ETH $BTC
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Very beautiful
Binance Academy
--
Connecting MetaMask to BNB Smart Chain
TL;DR
MetaMask is a cryptocurrency wallet that gives you access to the world of blockchain apps and decentralized finance. MetaMask is available as a mobile app and web browser extension.Although originally designed to interact with the Ethereum network, you can use MetaMask to access several other blockchain networks, including the BNB Smart Chain.This article will guide you through the process of setting up a MetaMask and connecting it to the BNB Smart Chain (BSC).
Installing and Setting up MetaMask
MetaMask can be used on multiple browsers, including Chrome, Firefox, and Brave. On mobile, MetaMask is available for both iOS and Android users. Note that the instructions might be slightly different depending on the platform you are using, but you should be able to follow through regardless.
1. First, go to the MetaMask download page (https://metamask.io/download.html) and select whichever platform you’re using. Then, follow the steps to install it on your device.
2. Next, click [Create a new wallet] and follow the instructions.
3. It’s recommended to secure your wallet with a secret recovery phrase (also known as a seed phrase). This phrase will work like a master key to your wallet and funds.
4. Write down your secret recovery phrase and save it in a secure place. Without this phrase, your funds can’t be recovered if your device is damaged or lost. You should never share your secret recovery phrase with anyone.
5. Enter the missing words to confirm your phrase and click [Confirm].
6. That’s it! You should now see your wallet, ready to send and receive funds.
Adding a New Blockchain Network to Your MetaMask
You might notice that the new wallet is, by default, connected to the Ethereum network. But, our goal here is to connect MetaMask to the BNB Smart Chain (BSC). This will allow us to interact and use the decentralized applications (DApps) that are only available on the BNB Smart Chain.
1. Go to [Ethereum Mainnet] at the top left corner and click on [Add network].
2. Next, find the BNB Chain on the list and click [Add].
3. Check the network details and click [Approve].
4. You have now added the BNB Chain network to your MetaMask. If you want to start using it right away, click [Switch to BNB Chain]. If you want to stay on the Ethereum network for now, click [Dismiss].
5. Keep in mind that you can’t simply transfer funds from one blockchain network to another (e.g., transfer from BNB Chain to Ethereum). BNB Chain transfer can only be made to and from BNB Chain wallets – unless you are using a blockchain bridge, which is specifically designed to move funds across different chains.
6. Good job! You should now be connected to the BNB Chain. Note that you will need to fund your MetaMask wallet with some BNB to pay for transaction fees. For example, you can withdraw BNB from your Binance account to your MetaMask via the BEP-20 network.
How to Manually Add a Network to MetaMask
Since we’ve already added the BSC mainnet in the previous steps, we will illustrate the following steps by adding the BNB Smart Chain Testnet network. You can use the testnet network to play around with fake money and get familiar with the wallet.
1. To manually add a network to your MetaMask, click [Add network] and then [Add a network manually] at the bottom of the screen.
2. Next, you have to add the network parameters. Note that these parameters are unique to each network.
BNB Chain Testnet parameters
Network name: BNB Chain TestnetNew RPC URL: https://data-seed-prebsc-1-s1.binance.org:8545/Chain ID: 97Currency symbol: tBNBBlock explorer URL: https://testnet.bscscan.com
3. Done. You have added the BNB Chain Testnet to your MetaMask.
Making MetaMask Transactions (On the Testnet)
To illustrate how the wallet works, we will make a transaction on the testnet network using fake money.
1. Go to your MetaMask wallet and click on your address to copy it.
2. Go to the BNB Smart Chain Faucet (https://testnet.binance.org/faucet-smart) and paste your wallet address in the respective field. Then click [0.1 BNB] under [Give me BNB].
3. Wait until the fake funds arrive. Note that tBNB is the fake BNB used on the testnet network.
4. From here, we’ll send the funds off somewhere to demonstrate how it works. We’ve just grabbed a random address from BscScan Testnet that we’ll donate them to.
Click [Send] and paste the destination wallet address. Then, select the asset and amount and click [Next].
5. Check the transaction details before clicking [Confirm]. In this example, we are sending 0.05 tBNB to this random address.
6. Wait a few seconds for the transaction to be confirmed. You can check your past transactions under your MetaMask’s Activity tab.
Closing Thoughts
MetaMask has long been a popular Web3 wallet for accessing the Ethereum ecosystem. But, in just a few steps, anyone can configure it to connect to the BNB Smart Chain, which opens up a whole new set of decentralized applications that run on the BNB ecosystem.
Disclaimer: This content is presented to you on an “as is” basis for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial, legal or other professional advice, nor is it intended to recommend the purchase of any specific product or service. You should seek your own advice from appropriate professional advisors. Where the article is contributed by a third party contributor, please note that those views expressed belong to the third party contributor, and do not necessarily reflect those of Binance Academy. Please read our full disclaimer herefor further details. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance Academy is not liable for any losses you may incur. This material should not be construed as financial, legal or other professional advice. For more information, see our Terms of Use and Risk Warning.
MetaMask is a cryptocurrency wallet that gives you access to the world of blockchain apps and decentralized finance. MetaMask is available as a mobile app and web browser extension.Although originally designed to interact with the Ethereum network, you can use MetaMask to access several other blockchain networks, including the BNB Smart Chain.This article will guide you through the process of setting up a MetaMask and connecting it to the BNB Smart Chain (BSC).
Installing and Setting up MetaMask
MetaMask can be used on multiple browsers, including Chrome, Firefox, and Brave. On mobile, MetaMask is available for both iOS and Android users. Note that the instructions might be slightly different depending on the platform you are using, but you should be able to follow through regardless.
1. First, go to the MetaMask download page (https://metamask.io/download.html) and select whichever platform you’re using. Then, follow the steps to install it on your device.
2. Next, click [Create a new wallet] and follow the instructions.
3. It’s recommended to secure your wallet with a secret recovery phrase (also known as a seed phrase). This phrase will work like a master key to your wallet and funds.
4. Write down your secret recovery phrase and save it in a secure place. Without this phrase, your funds can’t be recovered if your device is damaged or lost. You should never share your secret recovery phrase with anyone.
5. Enter the missing words to confirm your phrase and click [Confirm].
6. That’s it! You should now see your wallet, ready to send and receive funds.
Adding a New Blockchain Network to Your MetaMask
You might notice that the new wallet is, by default, connected to the Ethereum network. But, our goal here is to connect MetaMask to the BNB Smart Chain (BSC). This will allow us to interact and use the decentralized applications (DApps) that are only available on the BNB Smart Chain.
1. Go to [Ethereum Mainnet] at the top left corner and click on [Add network].
2. Next, find the BNB Chain on the list and click [Add].
3. Check the network details and click [Approve].
4. You have now added the BNB Chain network to your MetaMask. If you want to start using it right away, click [Switch to BNB Chain]. If you want to stay on the Ethereum network for now, click [Dismiss].
5. Keep in mind that you can’t simply transfer funds from one blockchain network to another (e.g., transfer from BNB Chain to Ethereum). BNB Chain transfer can only be made to and from BNB Chain wallets – unless you are using a blockchain bridge, which is specifically designed to move funds across different chains.
6. Good job! You should now be connected to the BNB Chain. Note that you will need to fund your MetaMask wallet with some BNB to pay for transaction fees. For example, you can withdraw BNB from your Binance account to your MetaMask via the BEP-20 network.
How to Manually Add a Network to MetaMask
Since we’ve already added the BSC mainnet in the previous steps, we will illustrate the following steps by adding the BNB Smart Chain Testnet network. You can use the testnet network to play around with fake money and get familiar with the wallet.
1. To manually add a network to your MetaMask, click [Add network] and then [Add a network manually] at the bottom of the screen.
2. Next, you have to add the network parameters. Note that these parameters are unique to each network.
BNB Chain Testnet parameters
Network name: BNB Chain TestnetNew RPC URL: https://data-seed-prebsc-1-s1.binance.org:8545/Chain ID: 97Currency symbol: tBNBBlock explorer URL: https://testnet.bscscan.com
3. Done. You have added the BNB Chain Testnet to your MetaMask.
Making MetaMask Transactions (On the Testnet)
To illustrate how the wallet works, we will make a transaction on the testnet network using fake money.
1. Go to your MetaMask wallet and click on your address to copy it.
2. Go to the BNB Smart Chain Faucet (https://testnet.binance.org/faucet-smart) and paste your wallet address in the respective field. Then click [0.1 BNB] under [Give me BNB].
3. Wait until the fake funds arrive. Note that tBNB is the fake BNB used on the testnet network.
4. From here, we’ll send the funds off somewhere to demonstrate how it works. We’ve just grabbed a random address from BscScan Testnet that we’ll donate them to.
Click [Send] and paste the destination wallet address. Then, select the asset and amount and click [Next].
5. Check the transaction details before clicking [Confirm]. In this example, we are sending 0.05 tBNB to this random address.
6. Wait a few seconds for the transaction to be confirmed. You can check your past transactions under your MetaMask’s Activity tab.
Closing Thoughts
MetaMask has long been a popular Web3 wallet for accessing the Ethereum ecosystem. But, in just a few steps, anyone can configure it to connect to the BNB Smart Chain, which opens up a whole new set of decentralized applications that run on the BNB ecosystem.
Disclaimer: This content is presented to you on an “as is” basis for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial, legal or other professional advice, nor is it intended to recommend the purchase of any specific product or service. You should seek your own advice from appropriate professional advisors. Where the article is contributed by a third party contributor, please note that those views expressed belong to the third party contributor, and do not necessarily reflect those of Binance Academy. Please read our full disclaimer herefor further details. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance Academy is not liable for any losses you may incur. This material should not be construed as financial, legal or other professional advice. For more information, see our Terms of Use and Risk Warning.
Binance Academy
--
Who is Michael Saylor?
basic ideas
Michael J. Saylor is a renowned entrepreneur, CEO, and Bitcoin advocate, and is the co-founder and CEO of MicroStrategy.
Michael Saylor calls Bitcoin “digital gold” and leads MicroStrategy’s cryptocurrency investment strategy. As of November 2024, the company owns more than 1.4% of the total BTC supply, estimated at more than 330,000 bitcoins.
Michael J. Saylor is a renowned entrepreneur, CEO, and Bitcoin advocate, and is the co-founder and CEO of MicroStrategy.
Michael Saylor calls Bitcoin “digital gold” and leads MicroStrategy’s cryptocurrency investment strategy. As of November 2024, the company owns more than 1.4% of the total BTC supply, estimated at more than 330,000 bitcoins.
Binance Academy
--
Who are AI agents?
basic ideas
AI agents are self-running programs that are able to analyze information, learn from their own experiences, and perform tasks on behalf of users.
AI agents differ from regular bots because of their increased ability to operate and improve with little human intervention. AI agents can also interact with other agents and applications.
AI agents are self-running programs that are able to analyze information, learn from their own experiences, and perform tasks on behalf of users.
AI agents differ from regular bots because of their increased ability to operate and improve with little human intervention. AI agents can also interact with other agents and applications.
Binance Academy
--
5 Exit Strategies for Traders
basic ideas
Following exit strategies, such as stop loss orders, take profit targets, and trailing stops, can make it easier for traders to manage risk and preserve profits without getting carried away by their emotions.
Risk management and exit strategies are important for any trader who wants to maintain discipline and succeed in the long term, especially in the volatile cryptocurrency markets.
Following exit strategies, such as stop loss orders, take profit targets, and trailing stops, can make it easier for traders to manage risk and preserve profits without getting carried away by their emotions.
Risk management and exit strategies are important for any trader who wants to maintain discipline and succeed in the long term, especially in the volatile cryptocurrency markets.
See original
$BTC
Here’s a touching and slightly edgy post about the BTC crash (avoiding direct profanity):
---
💥 BTC just got crushed! 💥
What the hell just happened?! Bitcoin is taking a huge plunge, leaving traders in shock and wallets bleeding.
🔻 Key questions:
Is this a temporary jolt or the beginning of a deeper correction?
Who’s panicking, and who’s buying the dip?
⚡ Market reality: Cryptocurrencies are not for the faint of heart – this space tests your patience and nerves. Be careful, stick to your strategy, and remember: volatility is the name of the game.
Are you panicking or doubling down? 🚀💎
Here’s a touching and slightly edgy post about the BTC crash (avoiding direct profanity):
---
💥 BTC just got crushed! 💥
What the hell just happened?! Bitcoin is taking a huge plunge, leaving traders in shock and wallets bleeding.
🔻 Key questions:
Is this a temporary jolt or the beginning of a deeper correction?
Who’s panicking, and who’s buying the dip?
⚡ Market reality: Cryptocurrencies are not for the faint of heart – this space tests your patience and nerves. Be careful, stick to your strategy, and remember: volatility is the name of the game.
Are you panicking or doubling down? 🚀💎
My 30 Days' PNL
2024-12-29~2025-01-27
-$16.62
-54.53%
See original
#MarketPullback
The reason for the collapse of the apple market
#MarketPullback Apple Market
The collapse of the digital currency market recently is due to several intertwined factors, whether economic, regulatory, or psychological. Here are some of the main reasons that have greatly affected the digital currency market:
*1. Global inflation and rising interest rates:*
- *Rising interest rates:* With the raising of interest rates by major central banks such as the US Federal Reserve, investments in high-risk assets such as digital currencies become less attractive. This leads to a decline in demand for digital assets.
- *Global inflation:* The economic pressure experienced by most countries in the world due to inflation has led to a decline in the liquidity available for investment, which has negatively affected the digital currency markets.
*2. Government regulation:*
- *Regulatory oversight:* Many countries have begun to tighten control over digital currencies. In countries such as China, a ban has been imposed on digital currency mining, while in other countries such as the United States, discussions have increased about regulating these currencies. This increases investors' concerns about the legal future of digital currencies.
*3. The major collapse of many projects:*
- *The collapse of trading platforms:* As happened with the *FTX* platform, where one of the largest digital currency trading platforms in the world collapsed in November 2022.This collapse has greatly affected confidence in the market.
The reason for the collapse of the apple market
#MarketPullback Apple Market
The collapse of the digital currency market recently is due to several intertwined factors, whether economic, regulatory, or psychological. Here are some of the main reasons that have greatly affected the digital currency market:
*1. Global inflation and rising interest rates:*
- *Rising interest rates:* With the raising of interest rates by major central banks such as the US Federal Reserve, investments in high-risk assets such as digital currencies become less attractive. This leads to a decline in demand for digital assets.
- *Global inflation:* The economic pressure experienced by most countries in the world due to inflation has led to a decline in the liquidity available for investment, which has negatively affected the digital currency markets.
*2. Government regulation:*
- *Regulatory oversight:* Many countries have begun to tighten control over digital currencies. In countries such as China, a ban has been imposed on digital currency mining, while in other countries such as the United States, discussions have increased about regulating these currencies. This increases investors' concerns about the legal future of digital currencies.
*3. The major collapse of many projects:*
- *The collapse of trading platforms:* As happened with the *FTX* platform, where one of the largest digital currency trading platforms in the world collapsed in November 2022.This collapse has greatly affected confidence in the market.
Today's PNL
2025-01-27
-$0.28
-94.51%
See original
#USConsumerConfidence
The Consumer Confidence Index fell to 104.7 in December, down 8.1 points from November¹. The drop was due to a decline in the Expectations Index, which measures consumers’ short-term expectations about income, business and employment.
The University of Michigan Consumer Confidence Index fell to 71.1 in January, down 2.9 points from December². This index is based on a monthly survey of U.S. consumer confidence regarding the economy, personal finances and employment conditions.
I hope you find this information helpful
The Consumer Confidence Index fell to 104.7 in December, down 8.1 points from November¹. The drop was due to a decline in the Expectations Index, which measures consumers’ short-term expectations about income, business and employment.
The University of Michigan Consumer Confidence Index fell to 71.1 in January, down 2.9 points from December². This index is based on a monthly survey of U.S. consumer confidence regarding the economy, personal finances and employment conditions.
I hope you find this information helpful
Today's PNL
2025-01-27
-$0.28
-94.50%
See original
$BNB Calm before the storm
A state of uncertainty towards this storm
It's something that was planned at night, there is a conspiracy by the market maker
#TrumpCryptoOrder $BNB
A state of uncertainty towards this storm
It's something that was planned at night, there is a conspiracy by the market maker
#TrumpCryptoOrder $BNB
Today's PNL
2025-01-24
+$0.98
+15.52%
See original
$BNB Liquidation Alert.
$9.9398K LONG LIQUIDATED
Price Level: $694.45
The crypto market strikes again with another shocking liquidation event! Traders holding BNB long positions faced a massive setback as prices plummeted to $693.155, triggering liquidations worth nearly $10K. This marks a crucial point in the market, signaling intense volatility and fierce battles between bulls and bears.
What Happened?
$BNB (Binance Coin) recently faced strong resistance in the higher zones, leading to a price drop that caught leveraged long traders off guard.
Liquidations at this level highlight the inability of bulls to defend their positions effectively.
Key Levels to Watch
Support: $670-$685
Resistance: $700-$715
What Does This Mean for Traders?
1️⃣ If you're bullish: Look for strong support zones around $670-$685 to consider entries. Ensure tight stop-losses below $665 to minimize risks.
2️⃣ If you're bearish: Watch for potential rejection near $700-$715 to short the market.
Pro Tip:
Always manage your leverage responsibly, as liquidation events like these show the risks of over-leveraging positions in volatile markets.
Stay updated for more action-packed market insights.
#BNB/USDT #BinanceAlphaAlert #BTCNextATH? #JobsBoomVsFed #LTCETF
$9.9398K LONG LIQUIDATED
Price Level: $694.45
The crypto market strikes again with another shocking liquidation event! Traders holding BNB long positions faced a massive setback as prices plummeted to $693.155, triggering liquidations worth nearly $10K. This marks a crucial point in the market, signaling intense volatility and fierce battles between bulls and bears.
What Happened?
$BNB (Binance Coin) recently faced strong resistance in the higher zones, leading to a price drop that caught leveraged long traders off guard.
Liquidations at this level highlight the inability of bulls to defend their positions effectively.
Key Levels to Watch
Support: $670-$685
Resistance: $700-$715
What Does This Mean for Traders?
1️⃣ If you're bullish: Look for strong support zones around $670-$685 to consider entries. Ensure tight stop-losses below $665 to minimize risks.
2️⃣ If you're bearish: Watch for potential rejection near $700-$715 to short the market.
Pro Tip:
Always manage your leverage responsibly, as liquidation events like these show the risks of over-leveraging positions in volatile markets.
Stay updated for more action-packed market insights.
#BNB/USDT #BinanceAlphaAlert #BTCNextATH? #JobsBoomVsFed #LTCETF
See original
Beautiful
Crypto Trading strategy [Money Management]..
I regularly see lot of messages popping showing huge losses in account with multiple positions.. people posting losses upto $100k..
However, people forget basic rule of money management that you need to do proper risk management...
How can I do risk management in F&O and spot trades?
1. Don't open 5-6 simulatenous positions unless you are very sure that market is expected to remain bullish. Focus on making money in 1-2 positions.
2. Don't Jump in positions with all capital. use 10-20% of your capital so that you can average your positions if volatility exists.
It works.. i have survived 50% fall with this strategy.
although you earn less but you don't lose and be regular trader.
3. Observe monthly, weekly, daily, hourly, minute charts.. before taking decisions. Don't go for capturing falls as they generally fall further.
4. Bullish runs will mostly be there for 1-2 days if coin increases more than 60-70% and next day coin corrects itself.
5. Don't take too much leverage in trade. It multiplies profits as well as losses.
6. Buy and keep some $BNB as it can be used to earn airdrops, staking and it has huge potential as binance is earning huge commissions.
7. Focus on next gen AI technology, Good layer 1 projects, Defi that have significant potential for long run.. some are $XRP , $AI etc..
Remember guys, You need to earn regularly to become consistent in trading.. so better earn less and consistently then losing and leaving all together..
Follow me for more such posts.....
However, people forget basic rule of money management that you need to do proper risk management...
How can I do risk management in F&O and spot trades?
1. Don't open 5-6 simulatenous positions unless you are very sure that market is expected to remain bullish. Focus on making money in 1-2 positions.
2. Don't Jump in positions with all capital. use 10-20% of your capital so that you can average your positions if volatility exists.
It works.. i have survived 50% fall with this strategy.
although you earn less but you don't lose and be regular trader.
3. Observe monthly, weekly, daily, hourly, minute charts.. before taking decisions. Don't go for capturing falls as they generally fall further.
4. Bullish runs will mostly be there for 1-2 days if coin increases more than 60-70% and next day coin corrects itself.
5. Don't take too much leverage in trade. It multiplies profits as well as losses.
6. Buy and keep some $BNB as it can be used to earn airdrops, staking and it has huge potential as binance is earning huge commissions.
7. Focus on next gen AI technology, Good layer 1 projects, Defi that have significant potential for long run.. some are $XRP , $AI etc..
Remember guys, You need to earn regularly to become consistent in trading.. so better earn less and consistently then losing and leaving all together..
Follow me for more such posts.....
See original
Patience is the key to relief
Guys
All the currencies that I recommended will achieve their goals, God willing, but be patient.
The market is going down, Bitcoin is going down, and the acquisition index is going up. These things have a very big impact on the currencies..
God willing, as soon as the market returns to a gradual rise, you will see that your currencies have achieved their goals..
All the currencies that I recommended will achieve their goals, God willing, but be patient.
The market is going down, Bitcoin is going down, and the acquisition index is going up. These things have a very big impact on the currencies..
God willing, as soon as the market returns to a gradual rise, you will see that your currencies have achieved their goals..
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