The most interesting thing is that the so-called "trade wars" and tariffs on exports/imports are only beneficial for the crypto industry. They will lead to an increase in the cost of energy resources, technology, electronics, and consequently digital currencies, because it will simply become more expensive to obtain them. If this entire madness really starts to spiral, we could see a colossal increase in the capitalization and value of key assets that hold value, such as $BTC $ETH $SOL
A lot is being written about $BNX right now, and it's not surprising. Such impressive growth over a short period can only please those who managed to 'get in'. But this won't last long. The market reacts to the artificial deficit created by Binary, and in the near future we might see a price of $1, but one should not enter such projects thoughtlessly and drain their last savings into it. Going long in spot will be the most reasonable option to protect oneself from price fluctuations on this turbulent journey. #BinanceSpot #BinanceTrader #BinaryX
With new currencies entering the market, the same problem occurs: during a wave of short-term hype, they rise, but as soon as a downturn is felt, they immediately plummet or simply become uninteresting. At the moment of listing, it gained 1000%, did you manage to make a profit on this? I don't think so, because the percentage is artificial, considering that it was already trading at $8 during pre-listing, and when the listing happened, the price jumped from $1 to $8; there was no actual growth, the price simply corrected, touched $15, and returned to its eights, and now it's just a constant decline. Considering that berachain generously distributed tokens during the airdrop, around 700 tokens were paid for adding to the X network, in the near future we can only expect a decline. The guys who farmed about 300k tokens during the campaign sold them for $50 during the frenzy of the presales, but by the end, it dropped to $3, then to $2. In the near future, we will see a pullback to these values, and only when the cold wallets empty and we see real profit from the technology, can we expect a rise to $30.
Good day! The following questions have come up: does anyone use indicators when trading futures, in particular #RSI , #MACD , #EMA200 ? I tried to find a correlation when scalping on cryptocurrency $OM , but without success, volatility, as well as giving the opportunity to earn big, also eats up everything. Do any indicators help you make an adjustment in which direction to place a position? Do you use any additional services or are the built-in ones in Binance enough? #BinanceFutures It feels like fortune telling over charts is more effective.