#CryptoSecurity101 Why is this important? 1. Asset protection – Cryptocurrencies are stored in wallets, and if an attacker gains access to the private keys, the funds can be lost forever. 2. Decentralization = user responsibility – Unlike banks, there is no centralized protection in crypto, so security depends on you. 3. Fraud and hacking attacks – Phishing, malware, exchange hacks (e.g., Mt. Gox, FTX) show how vulnerable systems can be. 4. Privacy – The blockchain is transparent, but protection methods (e.g., CoinJoin, private wallets) help maintain anonymity. $HUMA $WCT #BinanceAlphaAlert
#TradingPairs101 Trading pairs are the foundation of the crypto market, connecting assets into a single system. A well-thought-out choice of pair can significantly impact profit, order execution speed, and risk management. - Direct trading pairs (e.g., BTC/USDT) increase liquidity, reducing spreads and volatility. - The more pairs available for an asset (for example, ETH can be traded against BTC, USDT, BNB, etc.), the easier it is to enter/exit a position; Binance is very good in this regard. Direct exchange (e.g., LTC/BTC) eliminates the need to convert assets through intermediate steps (LTC → USDT → BTC), which reduces fees and slippage. . Arbitrage opportunities - The price difference for the same pairs between exchanges (e.g., BTC/EUR on Binance and Kraken) creates arbitrage. - Triangular arbitrage uses three related pairs (e.g., BTC/USDT → USDT/ETH → ETH/BTC). #BinanceAlphaAlert $XRP $SOL
#OrderTypes101 Importance of stop-loss: in case your instrument goes in the direction you didn't expect, you will only lose the percentage you specified and no more, Take profit is also important: the price fluctuates, and in order to secure profit, it is very important to set a take profit...
#OrderTypes101 How market, limit, stop-loss, and take-profit orders work.. This is a very important step: to choose the type of order for trading.. I prefer a limit order, that is, I buy at the price I choose and sell as well... with a market order, that is, at the market price, the purchase price often makes some movement and you lose a little on this... after all, buying at a good price is 80% of success
#Liquidity101 Liquidity in the cryptocurrency market is the ability of an asset (such as Bitcoin or a token) to be quickly sold or purchased without significantly impacting its price. Key aspects of liquidity 1. Market depth – the presence of a large number of buy and sell orders (order book). 2. Trading volume – the higher the turnover of an asset, the easier it is to exchange without slippage. 3. Spread (the difference between buying and selling price) – liquid assets have minimal spread. 4. Number of trading pairs – if a token is traded on many exchanges and against different currencies (USDT, BTC, ETH), its liquidity is higher.
Examples: 1. Highly liquid assets: BTC, ETH, USDT, BNB – they can be easily bought/sold at any moment. 2. Low liquidity assets: lesser-known altcoins – with a large transaction, the price can change sharply.
#CEXvsDEX101 all information with the definition of these types of exchanges is practically around every corner, I am interested in a specific case: crypto arbitrage between these two types of exchanges, is there anyone here who has really made a good profit from this?
#TradingTypes101 Scalping - short-term trades (suitable for fans of various energy drinks, if you trade on the spot; if on futures with leverage - I don’t recommend leaving for the bathroom); day trading - trading during the day (I recommend it for tea lovers); swing trading - medium-term trades (well, you can have breakfast, go for a walk, then check the screen, go to the garage to change the oil in the car, look at the chart again the next day, ponder the meaning of life, and if you see that it's not yet time to close the trade, then you smoothly transition to Position trading - long-term trading, well, if there is still no profit after that, you are an investor... There are of course various aspects: for example, whether you are trading on the spot or futures, if on futures, then what type of margin and do you own options to slightly reduce risks... find the type of trading that best suits your lifestyle rhythm... and learn (as I do).., because you decided to improve your finances at the expense of very smart guys ...