Assad Hein
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Control your emotion. it is the crucial factor in the crypto world.
Be patient.
Be patient.
Hot Wallet Vs Cold Wallet
They are both tools used to store cryptocurrency, but differ in how they function and their connection to the internet.
🏜️ Hot Wallet
Definition: A cryptocurrency wallet that is connected to the internet.
Features:
Accessible online via apps, websites, or software.Convenient for frequent transactions.
Examples: Exchange wallets, mobile wallets, desktop wallets.
Advantages:
Easy to use and ideal for quick access to funds.Suitable for active traders or small holdings.
Disadvantages:
More vulnerab
🏜️ Hot Wallet
Definition: A cryptocurrency wallet that is connected to the internet.
Features:
Accessible online via apps, websites, or software.Convenient for frequent transactions.
Examples: Exchange wallets, mobile wallets, desktop wallets.
Advantages:
Easy to use and ideal for quick access to funds.Suitable for active traders or small holdings.
Disadvantages:
More vulnerab
Countries Where Cryptocurrencies Are Legal
El Salvador 🪙 In 2021, El Salvador became the first country to adopt Bitcoin as legal tender, allowing its use alongside the U.S. dollar for all transactions. Central African Republic 🪙 In 2022, the Central African Republic followed suit, recognizing Bitcoin as legal tender. United States 🪙 Cryptocurrencies are legal, with regulatory oversight primarily from the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). Canada 🪙 Cryptocurrencies are legal a
#lessonlearned
Hello everyone, I’ve noticed some people asking for advice on managing their trade portfolios. It’s more beneficial to educate yourself rather than relying on random suggestions.
Hello everyone, I’ve noticed some people asking for advice on managing their trade portfolios. It’s more beneficial to educate yourself rather than relying on random suggestions.
My One Year Crypto Journey
In the beginning, I experimented with trading bots for both spot and future trading. While there were some gains, losses were inevitable as well. I tried using both low and high leverage.
Eventually, I decided to stick with spot trading and stopped using trading bots altogether. Spot trading is less stressful, though it offers smaller profits compared to futures trading.
If you choose to trade future, it’s advisable to start with low leverage, such as 5x or 10x, to minimize risk.
$BTC $DOGE
Eventually, I decided to stick with spot trading and stopped using trading bots altogether. Spot trading is less stressful, though it offers smaller profits compared to futures trading.
If you choose to trade future, it’s advisable to start with low leverage, such as 5x or 10x, to minimize risk.
$BTC $DOGE
Bollinger Bands???
-------------------
These are a technical analysis tool used to measure market volatility and identify potential price trends. They consist of three lines:
1. Middle Band: A simple moving average (SMA) of the asset's price.
2. Upper Band: The middle band plus a multiple (typically 2) of the standard deviation.
3. Lower Band: The middle band minus the same multiple of the standard deviation.
💵 Key Uses:
🟠Overbought/Oversold Levels: Prices near the upper band may indicate overbought conditions, while those near the lower band may indicate oversold conditions.
🟠Volatility Measure: Bands expand during high volatility and contract during low volatility.
🟠Trend Identification: Price consistently breaking above or below the bands may signal a strong trend.
#Bollingerbands
#LearnTogether
-------------------
These are a technical analysis tool used to measure market volatility and identify potential price trends. They consist of three lines:
1. Middle Band: A simple moving average (SMA) of the asset's price.
2. Upper Band: The middle band plus a multiple (typically 2) of the standard deviation.
3. Lower Band: The middle band minus the same multiple of the standard deviation.
💵 Key Uses:
🟠Overbought/Oversold Levels: Prices near the upper band may indicate overbought conditions, while those near the lower band may indicate oversold conditions.
🟠Volatility Measure: Bands expand during high volatility and contract during low volatility.
🟠Trend Identification: Price consistently breaking above or below the bands may signal a strong trend.
#Bollingerbands
#LearnTogether
#lessonlearned
Stick to your plan; Don't let the market trend you down.
Control your emotion and wait.
Stick to your plan; Don't let the market trend you down.
Control your emotion and wait.
Eligible for Binance Points 🧘
5 Wins
#wordoftheday
5 Wins
#wordoftheday
Try Spot first and learn. Then enter Future.
I'm new in trading but i thank God because, i meet you mam, i have 200$ i want make some profit through future trading then I'll be doing both spot and future, please som advice
Try this #WORDOFTHEDAY✅
You can learn a lot while trying to solve the puzzle.
One word left to complete 💪🏼.
You can learn a lot while trying to solve the puzzle.
One word left to complete 💪🏼.
#lessonlearned
#SpotTrade
🧘Always place the same amount of coin (as shown in the red box in the figure) in placing orders to track the profit.
🧘If you complete both buy and sell orders, convert the profit to other coin (e.g. I trade with FDUSD, and convert the profit to USDC.) to track your total profit in a week or month.
$FDUSD
#SpotTrade
🧘Always place the same amount of coin (as shown in the red box in the figure) in placing orders to track the profit.
🧘If you complete both buy and sell orders, convert the profit to other coin (e.g. I trade with FDUSD, and convert the profit to USDC.) to track your total profit in a week or month.
$FDUSD
#lessonlearned
To newbie,
•Try SPOT trading.
•First, choose one or two coins (e.g. I choose BTC and DOGE). Focus ONLY on what you choose. Don't be distracted by other coins, whatever it is.
•The price goes up and down in a day. Check previous 24 hour high and low data which will give you a reference roughly. (But the market may go unexpectedly.) Set your buying price and selling price.
•I take the profit even though it is small (e.g. around 5 - 15$). A collection of small profits will make a big one later.
•The most important thing is DO NOT follow your emotions; set your goal and stick to it. Continue learning. Otherwise greed will make you bleed.
$BTC $DOGE
To newbie,
•Try SPOT trading.
•First, choose one or two coins (e.g. I choose BTC and DOGE). Focus ONLY on what you choose. Don't be distracted by other coins, whatever it is.
•The price goes up and down in a day. Check previous 24 hour high and low data which will give you a reference roughly. (But the market may go unexpectedly.) Set your buying price and selling price.
•I take the profit even though it is small (e.g. around 5 - 15$). A collection of small profits will make a big one later.
•The most important thing is DO NOT follow your emotions; set your goal and stick to it. Continue learning. Otherwise greed will make you bleed.
$BTC $DOGE
#lessonlearned
Hello newbie,
Before placing a SPOT order,
Check buying and selling power (red arrow) and the price where high order volume is (red box). You can think your order price.
** But keep in mind the potential of manipulation by whale. **
#spottarde
Hello newbie,
Before placing a SPOT order,
Check buying and selling power (red arrow) and the price where high order volume is (red box). You can think your order price.
** But keep in mind the potential of manipulation by whale. **
#spottarde
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