The reason $BTC increased by 10k in price yesterday is here! Coming up on 3/7/2025, a conference for President Trump to introduce cryptocurrency into the strategic reserves of the United States. Investors know what to do now, right! DCA $BTC $ETH strong andooooooooo.
😱😱 everything is happening just like the cycles in the past!! The ship is heavily loaded and must lighten up to reach the top. Brothers and sisters, anyone holding spot should hold strong on $ETH and $BTC . If you're new to the market, I advise you. That's right newbie, it's you. Just DCA (Dollar Cost Average) $ETH , be persistent and disciplined with just $2-10 each day. I believe that time will help you make a huge profit. (Just don't reach into futures, you might regret it)
Brothers and sisters, let's DCA and hold strong on the queen of Altcoin #ETH (priority) and the king #BTC right now.
Tonight in Trump's speech, only positive or negative statements related to cryptocurrency are needed for the market to be very active. $TRUMP Are you guys awake to see how the market will fluctuate? As for me, I'm sleeping.
$AIXBT This one is going up even more, what do you think about the exchange allowing us to short successfully? A large leverage could be a total disaster. Anyone going for x1 or x2 cross margin might just manage to hold on. It's best not to get in.
$USUAL has been mentioned a lot recently. After strong declines, there will be a significant recovery. Currently, the 4-hour frame is very favorable for Long positions. Investors should be cautious.
If you want to profit from this market, listen to my advice. Start DCA and earn coin $BNB right now. There are so many people out there who have made profits from this. The coin of the top exchange must be different! It has to go up to 1k USD somehow. Instead of losing money unnecessarily in futures, it's better to DCA regularly. You won't be disappointed in the future.
#Futures wants to have long-term profits, first of all, you must have the experience of losing, even losing a lot. Not to mention, you need discipline, knowledge, luck, mindset,... Greed and fear will greatly affect your mentality. I bet that skilled traders have gone through many experiences of failure. Therefore, you SHOULD NOT get too deep into futures or you will regret it. There are many channels to make profits on Binance. If you want to test your skills, you should try to start small. If you borrow money from the exchange, it will be hard for you to sustain long-term profits. Be open...
It is not an exaggeration to say that Binance is a 'giant' in the cryptocurrency industry. So how does Binance make money? 1. Trading fees: The majority of the revenue from exchanges comes from these trading fees because they are mandatory. Whether you buy or sell a token, you must pay this fee to the exchange.
2. Futures: This is probably how Binance makes huge profits in the minds of many people. The exchange takes it all, 'gobbles' it all up,... Of course, the exchange will receive some types of fees (opening fees, closing fees, etc.) in futures that I will not mention here. When you trade futures with leverage, you are borrowing money from the exchange. Borrowing a lot of money from the exchange means high leverage, which can lead to LIQUIDATION. The amount from LIQUIDATION will be a part of the exchange's income. As for whether the exchange 'manipulates' the price or not, I will not discuss that here.
3. Binance Earn When mentioning Binance Earn, people will think that the exchange will pay interest to them, right? The answer is yes, but the exchange will still make a profit as they will take a percentage of the profits from the money we deposit. Additionally, Binance also allows users to borrow,…
4. Marketing The introduction of new tokens by the Binance exchange will enhance the credibility of those tokens. This requires the project to pay a 'marketing fee' to Binance.
There are many other ways for Binance to make money as well. Binance card, financial services,…
Binance's success is due to: - Diverse products. - Ecosystem $BNB (the exchange's token). - Strong development team. - Good risk management.
Binance is currently the top exchange for cryptocurrency in the world. CZ is getting richer and richer. Wishing you all the same.
The end of the year is really busy. The question is, has $USUAL dropped below 1$? Is it the bottom yet? Tomorrow will tell. Ps: last time it dropped below 1$, it pumped up to 1.4$.
Funding fee in Futures trading. If you are currently playing or planning to play futures, you need to be aware of the funding fee to avoid "losing money".
The funding fee is essentially an amount of money exchanged between traders in futures (usually perpetual futures), keeping the futures price close to the spot price.
As mentioned above, the main purpose of the funding fee is to ensure that the futures contract price does not deviate too far from the actual market price of the asset.
- If the market is in an uptrend 📈 (futures price is higher than spot price): The buyer (Long) will pay the fee to the seller (Short).
- If the market is in a downtrend 📉 (futures price is lower than spot price): The seller will pay the fee to the buyer.
I will illustrate how to calculate the funding fee:
Spot ETH Price: 3,000 USD Futures ETH Price: 3,010 USD (higher than spot price, the market is rising). (A) Funding Rate: 0.01% (B) Amount of ETH you trade: 2 ETH (C) Calculating the funding fee: Funding fee = futures price * funding rate * amount of ETH = A*B*C= 3010*0.01%*2=0.602 usdt
The funding fee is usually calculated after about 8 hours. Therefore, when the market is sideways, if you hold a position for a long time, you may not make a profit and may even incur funding fees. So you really need to pay attention to the funding fee and open/close positions. Thank you for reading the article. Please leave a comment below if you would like.