#Liquidity101 Liquidity refers to how easily an asset (such as cryptocurrency) can be bought or sold quickly without affecting its price. It is the most important factor that determines the efficiency and security of trading any cryptocurrency.
#OrderTypes101 The types of orders are essential tools that determine how your trade is executed, its price, and its conditions. Understanding them is crucial for managing risk and effectively executing your strategy. Understanding these types of orders is a critical step to becoming a more professional and effective crypto trader.
The relationship between Trump and Musk has evolved into a bitter public feud characterized by personal insults and disagreements over key political issues. The volatile nature of their public personas suggests that this dynamic may continue to change.
In brief In cryptocurrency trading, a trading pair is simply two assets that can be exchanged for each other (e.g., BTC/USDT). Every trade you make uses a pair. The pair consists of: * Base Currency: the asset you are buying or selling (the first part of the pair, e.g., BTC in BTC/USDT). * Quote Currency: the asset used to determine the price of the base currency (the second part of the pair, e.g., USDT in BTC/USDT). How to read it: The price of BTC/USDT = 60,000 means that 1 Bitcoin equals 60,000 Tether.
#CryptoSecurity101 Cryptocurrency Security In the world of currencies, you are your own bank, and the full responsibility for the security of your funds lies with you. Transactions are irreversible, so protection is critical. We recommend securing by enabling authentication and keeping the code in a place away from internet access.
When choosing a cryptocurrency exchange, you face two main options: * Centralized exchanges (CEXs): like Binance and Coinbase. * Advantages: Easy to use for beginners, high liquidity, supports fiat currencies (like the dollar), and offers customer support and advanced trading features. * Disadvantages: You don't own your private keys (custodial risks), subject to regulatory scrutiny, and require identity verification (KYC). * Decentralized exchanges (DEXs): like Uniswap and PancakeSwap. * Advantages: You always control your funds (self-custody), greater privacy (no KYC), and resistant to censorship. * Disadvantages: Can be complex for beginners, lower liquidity (which means greater slippage), does not directly support fiat currencies, and no customer support. Summary: If you are new to the crypto world or need to convert fiat currencies, centralized exchanges are the best option for their ease of use and liquidity. On the other hand, if you are experienced and prefer full control of your funds and privacy, decentralized exchanges offer that. Many users choose to use both depending on their needs.
I advise traders to trade on the short term, preferably daily trading for futures contracts, due to the difficulty in grasping long-term forecasts that are affected by economic changes resulting from the war for technological supremacy or sudden political statements arising from the wars and conflicts occurring in the world.
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#TrumpTaxCuts Trump's current policy and increasing opposition in America and around the world significantly affect the stability of this currency $TRUMP Even if it rises in the short term due to the businessmen around him, in the long term it will be undesirable in my view.
Digital currencies are used in commercial transactions for the speed of transfer and ease of use. Recently, these currencies have been used in illegal transactions, as well as by countries that have sanctions, and in illegal trade. This is because most of these currencies are decentralized and are not subject to regulation, although some can be tracked, which makes countries and governments more hesitant to legalize such currencies. This, in turn, complicates matters in determining the future of these currencies.
#XRPETF Hashdex has officially launched XRPH11, the world's first spot XRP exchange-traded fund in Brazil, which tracks the Nasdaq XRP reference price index with a 95% allocation to XRP. At the same time, CME Group launched XRP futures contracts earlier this week, leading to a deeper introduction of XRP into the institutional market. $XRP I believe it deserves attention in the long term.
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If Trump can dismiss the Federal Reserve chair, the dollar will collapse and confidence in it will vanish, leading the world to buy gold and cryptocurrencies to preserve their assets and investments. Consequently, cryptocurrencies will soar to unbelievable figures, with Bitcoin at the top.