GTR79

#TradingMistakes101
Many newcomers to cryptocurrency lose money not because of the market, but due to their own mistakes. Here are the most common:
1. FOMO (fear of missing out): Buying "at the peaks" due to panic when everyone else has already entered is a direct path to losses.
2. Lack of strategy: Trading on emotions without a plan is like gambling in a casino.
3. Too high leverage: Margin trading without experience quickly "kills" your deposit.
4. Ignoring risk management: Without stops and an adequate position size, one mistake can cost you all your capital.
5. Blindly following influencers:
The cryptocurrency market is tough. To avoid "losing" everything, you need a cool head, knowledge, and discipline.

#CryptoFees101 Network Fees (Gas)
Who charges them? Blockchain network (not an exchange)
Why? Paid to validators/miners for confirming transactions
Example:
On Ethereum, it's called gas
On Bitcoin, it's simply a network fee
b. Exchange Fees
c. Wallet Fees
Most non-custodial wallets (like MetaMask) do not charge fees themselves, but:
You will still pay network fees when sending cryptocurrency
Some wallets add a markup for swaps or token purchases
📉 4. How to reduce cryptocurrency fees
✅ Use Layer 2 solutions like Arbitrum or Optimism (for Ethereum users)
✅ Choose blockchains with low fees, like Solana, Avalanche, or Polygon
✅ Use limit orders on exchanges to qualify for maker fees
✅ Trade during low network activity (at night/weekends)
✅ Consolidate transactions (e.g., send once instead of multiple small ones)
❗️ 5. Hidden or additional costs to watch out for
Bridge fees (moving tokens between chains)
Slippage in swaps (you receive less due to price changes)
Service fees in DEX aggregators or wallet exchanges (e.g., MetaMask or 1inch)

#WOTD
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#SouthKoreaCryptoPolicy
South Korea continues to lead in shaping crypto regulation thanks to a balanced approach to innovation and investor protection. The government recently tightened control through the Virtual Asset User Protection Act, which comes into effect in July 2024, requiring transparency, insurance coverage, and stricter compliance from exchanges. This move is a response to growing concerns about fraud and market volatility. While promoting innovation in blockchain, the authorities aim to stabilize the market and protect retail investors. The Financial Services Commission (FSC) is also exploring licensing frameworks for crypto companies. South Korea's proactive stance may serve as a model for other countries seeking to regulate digital assets. As the global crypto landscape evolves, all eyes remain on Seoul's strategy.

#CryptoSecurity101
always keep your private keys in a safe place. Use hardware wallets instead of storing on exchanges. Never share seed phrases, even if someone pretends to be support.
Enable two-factor authentication (2FA) wherever you can. Do not click on suspicious links — phishing is very common.

#TradingPairs101
Trading pairs are the foundation of the cryptocurrency market, allowing the exchange of one cryptocurrency for another, or cryptocurrency for fiat money. For example, BTC/USDT means you are trading Bitcoin (BTC) against Tether (USDT). The first currency in the pair is the "base" currency, and the second is the "quoted" currency. The price shows how much of the quoted currency is needed to purchase one unit of the base currency. Understanding trading pairs is critically important for effectively navigating exchanges, as they determine the available exchanges and the liquidity of assets. Choosing the right pair impacts your trading strategy.

#Liquidity101
Why is liquidity important?
Faster transactions:
You can quickly enter and exit positions, which is especially important for scalping and day trading.
Price stability:
In a liquid market, large trades do not cause sharp price fluctuations. In illiquid markets, even small trades can cause significant movements.
Better prices:
High liquidity means tighter spreads between buy and sell, so you get fairer prices when buying or selling.
Less slippage:
When placing market orders in a liquid market, you get execution closer to your intended price. In an illiquid market, your order may be filled at worse levels.
Safer trading environment:
High liquidity usually attracts more traders and larger institutions, making the market healthier and less vulnerable to manipulation.

#OrderTypes101
Market order: immediate execution at any price.
-Limit order: execution only at a specified price or better.
-Stop order: execution as a market order at a specified price (for protection or entry).
-Stop-limit order: becomes a limit order when the stop price is reached.
Understanding these basic types (fundamental) is essential for managing risks and successfully executing your trading and investment strategies!

#WOTD
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#CEXvsDEX101
The choice between CEX and DEX depends on your priorities and level of experience:
* For beginners and those who value convenience: CEX is likely to be the better choice. They offer a simpler interface, the ability to purchase cryptocurrency with fiat, and easier access to support.
* For experienced users who value privacy and full control over their assets: DEX is a more appealing option. They provide decentralized trading and a higher level of anonymity.

#TradingTypes101
In the world of trading, it's important to understand your style. Some traders choose scalping — instant decisions and dozens of trades a day. Others lean towards swing trading — analysis, patience, and working with medium-term trends. And there are those who hold positions for weeks or months, practicing position trading. Each style has its advantages and risks. The key is to choose what suits your temperament, schedule, and goals. Don't copy others — your style should reflect you. Trading is not a game — it's a strategy, and self-awareness is everything. So, what type of trader are you?

#WOTD
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#WOTD
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#broccoli
The broccoli coin is like cabbage. When you water it (buy broccoli coins), it grows very well. But if you stop watering (buying) - it dries up)))

Binance and Kraken faced the same attack as Coinbase
Cryptocurrency exchanges Binance and Kraken also encountered an attempt to steal user data, but it was unsuccessful. This was reported by Bloomberg, citing its sources.

In particular, Binance managed to detect and stop an attempt to bribe a customer support employee. According to Bloomberg's sources, the exchange uses AI for this purpose.

Furthermore, the publication noted that at least one major platform, the name of which is not specified, has repeatedly informed Coinbase about a potential attack. Binance and Kraken declined to comment on the situation.

Recall that Coinbase disclosed the fact of a user data leak on May 15, 2025. According to the exchange, the incident affected less than 1% of all users, and it will take between $180 million and $400 million to fully mitigate its consequences.

Despite the exchange's willingness to compensate for the losses, it faced criticism for delaying the disclosure of details of the incident. Additionally, two class-action lawsuits have been filed against it.

World Liberty Financial spent $6 million on the purchase of altcoin
On May 16, 2025, the DeFi platform World Liberty Financial (WLFI), supported by the family of U.S. President Donald Trump, acquired EOS tokens worth $6 million. It is noted that the EOS project team underwent rebranding to Vaulta and the token is now traded under the ticker A.
It is known that WLFI made two large transactions. The platform spent 3 million USDT to purchase 3.64 million EOS tokens through the decentralized exchange PancakeSwap on the Binance Smart Chain.

After the rebranding of EOS, the platform directed another 3 million USDT to purchase 3.75 million A through the exchange 1DEX on the exSat Network.