The JUST decentralized finance (DeFi) platform was created by TRON founder Justin Sun and launched in the third quarter of 2020. It aims to enhance operations on the TRON blockchain by ensuring a range of DeFi tools is readily available. JUST's main components are JustStable, JustLend, JustSwap, and JustLink.
The platform also utilizes cross-chain tokens and uses its own stablecoin, USDJ, to carry out its protocol's functions. Its other native cryptocurrency is JST, the network's governance token.
In a recent development, Justin Sun, the founder of TRON, announced plans to create a payment system based on the TRON blockchain and ChatGPT technology. This innovative payment solution allegedly aims to facilitate seamless, secure, and instant transactions while enhancing user experience. Since JST is a part of the TRON ecosystem, it is possible that the token could play a role in the new payment system.
JST runs on the TRON blockchain and is powered by TRON's smart contract protocol. The live price of JST is updated and available in real time on Binance. #just
Trading Strategy: The Choice Between Left and Right
Left-side trading and right-side trading are two completely different strategies, each with its own advantages and disadvantages.
Left-side trading belongs to counter-trend operations, where traders predict market reversals and buy or sell in advance, characterized by high risk and high reward. If the judgment is accurate, it can not only yield substantial profits but also showcase one's foresight; however, this strategy is challenging, often requiring long periods of patience to ambush, akin to being a "preemptive Zhuge Liang."
Warren Buffett, the stock god, is a typical representative of this; he often increases his positions against the trend during market crashes that trigger panic, gradually selling after the market rises, embodying the philosophy of "be greedy when others are fearful, and be fearful when others are greedy."
Right-side trading, on the other hand, involves waiting for clear trends before acting in accordance, entering the market only after confirming the market direction, which is more certain and easier but with relatively limited returns, akin to being a "post-event Zhuge Liang."
Gann is a representative figure of right-side trading, emphasizing following the trend.
As for which is better between left-side and right-side trading, there is no absolute answer; the key is whether it suits oneself. Left-side trading is often chosen by both experts and novices, with experts leveraging it for high returns, while novices may attempt it due to misjudging their own abilities.
However, most people are more suited for right-side trading due to its lower risk and stable returns. Left-side trading is suitable for genuine value investing, such as systematic fund investments, where one continues to invest during fund declines until it rises again. It is also suitable for investors with significant capital, allowing them to gradually accumulate shares during downturns. Additionally, it suits those with strong predictive abilities who can decisively cut losses and pursue excess returns.
For right-side trading, key points must be mastered. First, one should stay away from volatile markets, as its "slow reaction" characteristics can lead to repeated stop losses in such conditions. Second, one must decisively enter the market when a breakout is detected to avoid missing out. Finally, one must accept the reality that maximizing returns may not be possible; right-side trading aims to capture the "body of the fish" within the trend, and attempting to catch the "head" and "tail" of the fish would go against the essence of right-side trading.
Today, let's talk about a super important indicator in the financial industry—trading volume. Don’t be fooled by its seemingly ordinary name; it plays a significant role in the financial world. If you don’t understand it, you might take a wrong turn in your investment journey.
1. What is trading volume? Trading volume is the total amount of financial products (such as stocks, futures, cryptocurrencies) traded over a period (like a day, a week, or a month). High trading volume indicates an active market, while low trading volume suggests a sluggish market.
2. The role of trading volume Assessing market activity: High trading volume means prices are likely to fluctuate. Low trading volume indicates more stable prices.
Comparing buying and selling power: If there is more buying activity (active buying), the buyers are strong, and prices may rise. If there is more selling activity (active selling), the sellers are strong, and prices may fall.
Predicting price trends: Increasing volume with rising prices indicates bullish sentiment, decreasing volume with falling prices indicates bearish sentiment, and increasing volume with falling prices may suggest significant capital involvement, warranting attention.
Bottom volume: Extremely low trading volume may signal a rebound.
Expansion: Active trading, with increasing divergence.
4. Trading volume techniques Volume precedes price: Changes in trading volume often lead price changes.
Monitor moving averages: An upward trend in trading volume suggests bullish sentiment, while a downward trend suggests bearish sentiment.
Compare with history: Abnormal spikes in trading volume may indicate market changes.
5. Summary Trading volume is an important indicator for analyzing market activity, buying and selling power, and price trends. Mastering it can help better understand market dynamics.
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Binance Alpha Points is a scoring system designed to evaluate user activity within the Binance Alpha and Binance Wallet ecosystem which determines your eligibility for campaigns, such as Token Generation Event (TGE) participation and Alpha token airdrops.
Binance Alpha Points are calculated daily based on the sum of your assets balance and Alpha token purchase volume on Binance exchange and Binance Wallet (Keyless address). Please note that selling Alpha tokens do not contribute to Alpha Points at the current stage.
The Alpha Points are a cumulative sum of daily points combining Balance Points and Volume Point over the past 15 days. $ALPHA How to check your alpha points? Some images are here, go and check your own points👇👇👇👇
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Alpha's point requirements have increased again, and it is foreseeable that the point requirements will continue to rise in the near future. The current point rules give too much to those who trade in high volumes while giving too little to large holders. Only 4 points are awarded for 100,000 USDT. It is suggested that the point rules, in addition to considering Alpha's trading volume, also take into account large holders appropriately, for example: 1 point for assets of 100 USDT 2 points for assets of 1,000 USDT 4 points for assets of 10,000 USDT 8 points for assets of 100,000 USDT And so on, or the next tier could be 500,000 USDT or 1,000,000 USDT. After all, large holders also support the exchange significantly. What do you think? @Yi He @CZ #币安Alpha积分 $SIGN For those who haven't joined the chat room yet, feel free to join to grab a red envelope 《币安王牌KOL聊天室》
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VINE reached its highest point last night and I took profits, retracing to 0.036 and once again leading fans to buy in the spot market. Currently, it has risen nearly 10% 💥💥💥, just hold on! The contract has a small position in hand!
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