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The cryptocurrency universe is no joke!

Every day I see many posts with questions from newbies, questions that could easily be answered with an internet search, or even with AI, but they prefer to post here. And with that, they end up attracting scammers with promises and miracle recipes.

Believe me, there is no magic recipe for winning in this market. What there is is study, discipline and emotional control. Learning how to perform basic operations is the first part, then understanding how to create more advanced orders, such as Stop Loss to protect the operation, or a Trailing Stop to guarantee better profits. And then, learning how to analyze a chart, which is CRUCIAL for your decision-making. I see a lot of new people buying at the top, and I've already explained about this here.

If you're just starting out, don't despair. The market will continue here, so first study how the operations work to avoid major losses.

Everyone loses in this market. The guy who says he only wins is lying. If you don't want risks, focus only on Spot. Going into futures, even if you master it, is for aggressive profiles.

Totally related to cryptocurrencies..

In simple terms, this only appears when you change the app's language to one different from Brazil, where futures are enabled. This is because the CVM prevents Binance from offering services in Brazil.

Binance is not required to report anything to the tax authorities, it is global. This is even stated on the Binance website for consultation. On the other hand, LATAM, which facilitates the BRL, is completely obligated!

Liquidation only occurs in futures markets, and not in Spot. As it is a novice, I suggest that you study the market first and only then venture here.

The person who bought at the ATH in November 2021 had to wait 3 years to break even. Most of the ATH of the coins are from that time, some still haven't recovered.

That is why it is important to study before entering this market. As a general rule of the spot market: you only sell at a loss if you want to. Unlike futures..

You're watching a lot of videos from course-selling gurus. There is no magic that makes this happen, only risk. And A HUGE RISK. Example: Leverage in futures and operation in DEX

None will make you rich. Study the relationship between supply and market cap. By understanding this, you will start to ignore the quantity of the currency and only observe the gain.

Never convert. It is not zero fee; the exchange rate is higher for the broker to make their profit. Conversion is very simple; always choose to create orders in the Spot.

Betting Against a Cryptocurrency

In futures markets, unlike the traditional Spot market, we can trade against a cryptocurrency. That is, if it is falling in price, we can make money.

But not everything is rosy. Let's quickly understand how each type of market works:

Spot Market

The Spot market is the traditional market. You buy a cryptocurrency and become its owner. No matter how much it depreciates, you will always have that amount of the coin for the price paid. This means that the balance of your wallet will rise and fall as the price of the cryptocurrency fluctuates. You only sell at a loss if you decide to do so. This is the standard market in which most people operate, especially beginners. Here, you buy and wait for the price to rise — a simple investment logic.

Futures Market

Unlike the Spot market, where you buy the coin, in the Futures market you basically bet whether the price of the coin will rise or fall. In this market, there are contracts with a set time or perpetual contracts (which are the most used by most traders).

In the futures market, you can enter a LONG position (betting that the price will rise) or SHORT (betting that the price will fall). The “cherry on top” in the Futures market is financial leverage. This means you can operate with a larger amount than your available balance. For example, if you have 10 USDT and use 10x leverage, you will be operating with 100 USDT, as the exchange “lends” you the 90 USDT to operate. Each broker has its own funding methods.

Caution!

However, not everything is so simple. The higher the leverage, the greater the risk of liquidation. The broker will never lose money. Liquidation occurs when your margin of guarantee is exhausted. Therefore, in futures markets, the use of STOP is practically mandatory — just like in the Spot market, which can also involve risk, but with different characteristics.

If you want to know more, see the pinned post

$BTC

In COIN futures, you can work directly with leveraged cryptocurrency, unlike USDT Futures, which use the stable coin USDT.

For example, imagine that you have 0.5 SOL, and you want to have 1 SOL. Just move your Solanas from the Spot wallet to COIN futures, and then trade with leveraged currency. Your profits will be in Solanas!

HOWEVER! Not everything is perfect, just like in traditional USDT futures, if you go against your position you can be liquidated and lose your coins! So as I explain in the instructions, if you want security, focus only on the traditional Spot market. Only go to futures markets if you understand the high risk involved in this modality.

$SOL

No one. From the moment people realized they could buy a house, a car, or anything else, instead of a digital image, the bubble burst.

$NEIRO went to have coffee at 1H.

#NEIROETHUSDT

$BTC and $SOL returning to 'normal' after the Pump, proving that only rumors do not hold.

Bitcoin testing below the EMA200 on the daily.

Stop Loss saves lives. Always use.

- Yesterday I deposited R$ 994,46 at Binance
- I bought everything in USDT, it gave 167.7 USDT's
- I moved everything to the Futures wallet

I TOOK A PUT4 OF A LOSS OF 61.65 USDT!

- I was left with only 106.05 USDT
- I bought everything in SOL and went to play in the DEX's to recover
- I entered a coin with U$ 95.36 and exited with U$ 250.90!

So:

- 167.7 USDT turned into 106.05
- 106.05 turned into 258.89
- R$ 994,46 is now R$ 1.534

Summary: Not everything is rosy, everyone loses in this market. If someone tells you they never lose, they are lying, at least trying to push some course. There is no magic recipe. It's up to you to have emotional control and decide how you will deal with your losses.

In Decentralized Finance (DEX), the coins have low market cap, which is why the chances of doubling in a short period of time are greater than in already consolidated coins from CEX. However, as already explained in instructions: THE RISK IS HIGHER!

When it comes to DEX, my focus today is on RAYDIUM, that is, small coins from the smart contract of the network of #SOLANA

However, DEX for me is only in rare cases. The main focus is still Futures.

Note: some didn’t understand what I meant with this post... you will never only win in this market, don’t be fooled by promises from gurus. In internet groups, they tend to only show the green PNL prints, sometimes even hiding balance, that is, the guy sometimes leveraged U$ 0.50 cents at 125x to print an absurd gain and many get deceived. They never show the loss to keep the ego intact. As I have said in several videos, even if you master 100% how the market works, you will still have losses. This is a fact. The market sometimes simply isn’t favorable for trading, whether Long or Short, so always remember that famous phrase:

NOT TRADING IS ALSO TRADING!

$BTC $SOL