Trading While You Sleep: How Binance Automation Works...
You don't need to start at charts all day. Binance offers several tools that let you automate parts of your strategy even your offline.
Hereโs What You Can Automate on Binance:
๐ 1. Spot Grid Bots Let the bot buy low and sell high within a set price range. Ideal for sideways markets.
๐ 2. Recurring Buy (Auto-Invest) Automatically invest in your favorite coins at regular intervals โ a simple way to DCA (Dollar-Cost Average).
๐ 3. OCO Orders (One Cancels the Other) Set both a take-profit and a stop-loss. Whichever triggers first cancels the other โ perfect for setting and forgetting.
๐ 4. Price Alerts Get notified when a coin hits your target price so you can react faster, even while you sleep.
Reminder:
Automation โ guaranteed profits. These tools help with discipline and execution โ but you still define the strategy.
Can anyone suggest what coin I need to buy which gives me profit In the short term I just only start with $20 ( is anyone professional here ?)๐คง#BTCReclaims110K #TrumpVsMusk #StrategyBTCPurchase $BTC $ETH $XRP
After seven years immersed in trading, I've identified seven pivotal mistakes that significantly.
Impacted my journey. By sharing these, I hope to help you sidestep similar pitfalls:
1. Trading Without a Defined Plan ๐ฏ
Entering trades without a clear strategy is akin to gambling. A comprehensive trading plan should outline your entry and exit points, stop-loss levels, and target profits. This structure provides a roadmap, reducing impulsive decisions and enhancing consistency.
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2. Overleveraging and Risking Excess Capital ๐ฅ
Utilizing funds you can't afford to lose, such as rent or emergency savings, can lead to devastating losses. Effective risk management involves allocating only a small percentage of your capital per trade, ensuring longevity in the market.
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3. Letting Profits Slip Away Due to Greed ๐
Holding onto winning positions for too long, hoping for additional gains, can result in profits turning into losses. Implementing trailing stops or setting predefined profit targets can help lock in gains and maintain discipline.
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4. Emotional Decision-Making ๐ตโ๐ซ
Allowing emotions like fear, greed, or frustration to dictate trading decisions often leads to poor outcomes. Developing emotional discipline, perhaps through mindfulness techniques or journaling, can enhance decision-making.
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5. Expecting Immediate Success ๐ธ
Believing in overnight success can set unrealistic expectations. Trading proficiency develops over time through continuous learning and experience. Patience and persistence are key virtues in this journey.
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6. Allowing Losses to Deter Progress ๐ง๏ธ
Experiencing losses is an inherent part of trading. However, letting them erode confidence can hinder growth. Analyzing and learning from losses transforms them into valuable lessons, fostering resilience. 7. Blindly Following Others Without Understanding ๐
Relying on tips or signals without comprehending the underlying rationale can be detrimental. Invest time in education to develop your own strategies and understand market dynamics. Final Thought: The market rewards those who approach it with discipline and a well-thought-out strategy. By recognizing and addressing these common mistakes, you can enhance your trading performance and achieve greater consistency. #Write2Earn #BinanceAlphaAlert
invest your money in binance defi contract it's really paying all you need is to put money in your account and you are good to go okay you are not sending money to anyone
E L E N
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Tried Copy Trading So You Donโt Have To โ Hereโs What Happened:
I decided to test futures copy trading. The first trader I followed made me +50 USDT in one day โ too good to be true, right? Well... it was.
I got greedy and started copying multiple โtop tradersโ from the Explore tab, investing 100โ200 USDT with each of them.
In just two days, everything flipped. The same trader who made me $50 on day one lost $100 on day two.
Iโm not saying every copy trader is bad โ but most of them arenโt as skilled as they seem. On platforms like Binance, anyone can become a copy trader โ no special credentials needed. Many of the top-ranked ones are just riding a lucky streakโฆ until you join in and the streak ends.
Worse, Iโm now stuck copying a few traders who keep losing $10 a day, and I canโt opt out because of a โlock-up period.โ I didnโt set a stop-loss because their profile said not to โ they claimed they'd manage the risk. Spoiler: they didnโt.
๐ Lesson learned the hard way: Donโt blindly trust rankings or flashy returns. Do your own research, understand the risks, and most importantly โ protect your money.
Hey guys, I will be starting some kind of experiment that consists on buying $3 worth of 3 different shitcoins and hold them in the long term, just to see what happens. Maybe some of those go up to $1. Who knows!
The coins that I will be buying are $PEPE $SHIB $DOGE
For my fellas following the $10.000 car journey, this money wont be counted for that. This happens separately from that.
So that will be all for today. I wish y'all a great saturday night and please go wild!
#buy WLFICOIN.AND ANDWUCOIN YOU WILL THANK ME FOR LIFE
Chris Pumpstead
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The 3x3 Experiment
Hey guys, I will be starting some kind of experiment that consists on buying $3 worth of 3 different shitcoins and hold them in the long term, just to see what happens. Maybe some of those go up to $1. Who knows!
The coins that I will be buying are $PEPE $SHIB $DOGE
For my fellas following the $10.000 car journey, this money wont be counted for that. This happens separately from that.
So that will be all for today. I wish y'all a great saturday night and please go wild!
I started with just $2 and made it this farโIโm not someone who gives up. With a bit of luck, Iโll grow this to $100 and keep pushing beyond that. When someone is truly motivated, they can achieve anything. So even if your balance is low, donโt let it hold you back. Keep going.
2016 โ You missed $ETH 2017 โ You missed $BTC 2018 โ You missed $BNB 2019 โ You missed $LINK 2020 โ You missed $DOT 2021 โ You missed $SHIB 2022 โ You missed $PEPE
Donโt let 2025 be another โwhat ifโ moment. The next big one is here โ $PEPE Are you in? #Write2Earn
can someone help me, what are the newly launched coins that i can buy and hold ๐๐
NAIMAT0316
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Best indecater for crypto trading
$PEPE
Here are the best and most popular indicators used in crypto trading, especially for technical analysis:
1. RSI (Relative Strength Index)
What it does: Shows whether a coin is overbought or oversold. How to use it:
RSI > 70 = Overbought (price might go down) RSI < 30 = Oversold (price might go up) Best for: Spotting potential reversal points (entry and exit signals).
2. MACD (Moving Average Convergence Divergence)
What it does: Measures trend strength and direction. How to use it:
When the MACD line crosses above the signal line = Buy signal When it crosses below = Sell signal Best for: Following the trend and catching momentum shifts.
3. EMA (Exponential Moving Average)
What it does: Smoothens price data to show the trend. How to use it:
Short-term EMA crossing above long-term EMA = Bullish Short-term EMA crossing below = Bearish Common setup: 50 EMA and 200 EMA crossover.
Bonus: Volume Indicator
Why it's useful: Confirms the strength of a move. A price move with high volume = stronger signal.
If you're a beginner, start with RSI + MACD, then explore EMA and volume to build stronger trading strategies. Want a visual chart example or setup guide? $BTC
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