Tip for those starting on a #DEX : • Research well beforehand: Understand how wallets, gas fees, and slippage work. • Test with a small amount: Avoid putting all your capital in right away. • Never share your seed phrase: Keep it offline and secure. • Be mindful of the fees and networks used: Make sure you are using the correct network to avoid losses.
The crypto universe offers two main forms of trading: CEXs (Centralized Exchanges) and DEXs (Decentralized Exchanges). But which one to choose? Let's explore the pros and cons of each and give some tips for those who are just starting out.
⚙️ CEXs (Centralized Brokers) ✅ Pros: • User-friendly interface and customer support. • High liquidity, allowing large transactions with less price impact. • Simplified custody – the exchange holds your private keys (though this is also a risk). • Additional features like staking, derivatives, and trading tools. ❌ Cons: • You do not have full control of your assets. • Subject to regulations, blockages, and cyber attacks. • KYC (mandatory identification), which affects privacy.
🌐 DEXs (Decentralized Brokers) ✅ Pros: • Full control of your private keys and assets. • Trading without the need for KYC – more privacy. • Greater resistance to censorship and centralized attacks. ❌ Cons: • Lower liquidity, which can cause slippage (the difference between expected and executed price). • More technical and less intuitive interfaces. • No support – if you make a mistake, you are solely responsible.
💬 My Opinion: I prefer DEXs when I want freedom, privacy, and total control. But, if I am trading large volumes, needing high liquidity, or looking for features like staking and futures, I turn to a reliable CEX.
🔑 When choosing between CEX and DEX, I consider: • The size and frequency of the transaction. • The security of the platform. • The need for privacy or compliance. • Whether I accept the risks of self-custody or not.
📌 Conclusion: Both have their place in the crypto ecosystem. The important thing is to assess your profile and goals and never compromise on security and knowledge!
📢 And you, do you prefer CEX or DEX? Comment here! 💬👇
Will it Rise?🚀 Base Scenario (60%): The rise will continue in the short term if the price breaks 53.48 USDT, aiming for 56.87 USDT. Correction Scenario (40%): If it loses support at 52.17 USDT, it may correct to **51.45–51.71 USDT.
#ETHFI🔥🔥🔥 O $ETHFI is in **strong rise**, but the overbought indicators suggest **immediate caution**. The continuation of the rise depends on breaking through **1,449 USDT**, while corrections are **highly likely** in the short term. Keep an eye on key levels and volume to adjust strategies. $ETH
🚨 The #BOB is in **bearish trend**, with selling pressure reinforced by the negative MACD. The recovery depends on overcoming **0.000000019856 (EMA 7)**, while losing **0.000000019334 (EMA 99)** could intensify the decline. **Caution** is essential due to low liquidity.
Buyers: Monitor the resistance test at **0.000000021462** and volume to confirm strength. Sellers: Watch for exhaustion signals (e.g., drop in volume or divergence in MACD). #BOB
O $ETHFI maintains **upward trend**, but the technical indicators point to **possible consolidation or brief correction**. The continuation of the rise depends on breaking through **1.445 USDT**. Keep an eye on support levels and volume to adjust strategies.
Buyers: Wait for confirmation of breakout or entry after correction at supports.
Sellers: Monitor closings below **1,423 USDT** for reversal signals.
The $ETHFI is in **extreme high**, but the overbought indicators suggest **immediate caution**. Although the trend is upward, corrections are **highly likely** in the short term.
O $ETHFI is in **strong rise**, but the overbought suggests **immediate caution**. The increase may continue if there is strength to break **1.417 USDT**, but corrections are likely in the short term. #ETHFI🔥🔥🔥
Dominant trend**: **Bullish** (uptrend supported by volume and technical indicators). - **Scenarios**: - **Breakout above 2.4597**: May consolidate a new uptrend phase. - **Correction**: If the RSI(6) reaches overbought (above 70), there may be a pullback to test supports (EMAs 7 or 25). - **Risk**: Despite the positive momentum, the overbought condition in the stochastic (J: 108) requires caution in short-term entries. $VIRTUAL
$BOB Current trend: **Bearish** (drop of -13.77% and negative OBV), but with weak signs of recovery (positive MACD). - **Possible scenarios**: - If the price exceeds **0.000000020045**, it may seek recovery. - If it breaks **0.000000017788**, the decline may intensify. - **Risks**: Low liquidity in relation to market cap increases the likelihood of sharp movements.
#VIRTUAL has had a recent high, but the technical indicators are **mixed**. There are signs of nearby resistance (EMAs of 7 and 25) and possible consolidation. - If the price exceeds **2.4322 USDT** (next highlighted level), it may attempt to test **2.4508 USDT**. If not, there is support at **2.4216 USDT** (EMA 99) and **2.4030 USDT**.
#MASK There are signs of overselling (low RSI), but the lack of momentum (neutral MACD) and selling pressure (negative OBV) make the rise uncertain. The safest action is to wait for a breakout of the EMA7 with volume. High risk of correction if the resistance holds.* 📉⚠️ #MASK
#BOB Is it a Good Time to Buy? -Short Term (Hours/Days): - **High Risk.** The negative MACD and the price drop after the peak of +34.56% suggest that a correction is likely. - If the price breaks the **EMA(7) (0.0000000223495)**, it may resume the uptrend. Otherwise, it may test lower supports (e.g., EMA25).
- **Medium Term (Weeks):** - Depends on **fundamental factors** (project utility, partnerships in the BNB Chain) and the macro scenario (cryptocurrency market). BOB
$BANANAS31 🔸 BANANAS31 is trying to hold the support region (around $0.00628), but there is no clear strength to reverse the downward trend. 🔸 It is possible that the price makes a small rebound (pullback) to $0.00635 - $0.00640, but if it does not break with volume, it may continue to fall. 🔸 The alert point is the support at $0.00628: if it loses this region, it may seek $0.00600 or even lower. $BANANAS31
$HUMA 🔸 There is still a chance for an increase, but the indicators are starting to show signs of reversal/correction in the short term. 🔸 The decision depends on the next movement: • If it breaks $0.0699 strongly, it may seek new highs. • If it loses $0.06550, a correction is likely. $HUMA
$HUMA rose explosively (probably due to an event, listing, or pump), but now the price is consolidating, with signs of losing strength in the short term.
💡 If the price can break through the region of $0.06990 (previous peak) again with volume and strength, it may target $0.075 - $0.080 or even retake the peak of $0.10600.
❗ If it breaks below $0.06550, it may enter a correction phase, returning to the region of $0.060 - $0.055.