#TradingMistakes101 TradingMistakes101 is a knowledge series for beginners in the field of financial trading. Many new investors often make mistakes such as overtrading, not setting stop-loss, or letting emotions dictate decisions. TradingMistakes101 helps you identify and avoid these common errors through practical experience and technical analysis. Learning from mistakes – whether your own or others' – is a key factor for survival and growth in the volatile market. Trade smart, not emotionally.
#CryptoFees101 On Binance, all spot trades incur fees. However, if you are a frequent trader, you may receive cashback vouchers issued by Binance. I have received the following cashback vouchers from Binance: 1. Register a Binance Square account and have your account verified. 2. Daily attendance check-in, earning 1 point each day; if you check in continuously for 7 or 10 days, you can earn additional points. 3. Go to the rewards center to use points to exchange for cashback vouchers. Each cashback reward usually costs you 2-30 points. 4. After exchanging the voucher, each of your spot trades will be reimbursed by Binance.
#CryptoSecurity101 5 THE SECRET TO ELECTRONIC MONEY SECURITY THAT EVERYONE MUST KNOW! The crypto market can help you x10 your account, but it can also disappear with just one wrong click. Below are the vital principles if you don't want to become the next victim: 1️⃣ DO NOT share your private key/seed phrase Whether it's a lover, best friend, or a 'reputable admin', never share it. Whoever has the seed has the wallet! 2️⃣ Use a cold wallet for long-term storage Hot wallets are convenient but easy to hack. Cold wallets like Ledger or Trezor are a safe choice for long-term investments.
#TradingPairs101 For the fifth topic in our Crypto Trading Basics deep dive, let's talk about #TradingPairs101 . Choosing the right trading pair is crucial for executing a successful trading strategy. Understanding how the base asset and the quote asset affect your trade can help you make better decisions. 💬 Your post may include: · How does the trading pair work (base vs. quote)? · Do you trade more with stablecoins or crypto-denominated pairs? Why? · How do you choose the right trading pair? · Share an example of how the right trading pair helped or hindered your trade.
#Liquidity101 Liquidity plays an important role in executing transactions smoothly. Low liquidity can lead to slippage, poor pricing, or even failed trades - especially in volatile market conditions.
#OrderTypes101 Transactions without knowing how to use the right type of order are no different from "entering the forest without a knife." Below are the 3 basic types of orders that every trader should know: 1. Market Order: Buy/sell immediately at market price. Fast – but can be subject to slippage during strong volatility. 2. Limit Order: Set the price you want to buy or sell. Safer, but may not be executed if the price does not reach it. 3. Stop-Limit Order: Combines both loss protection and profit taking. When the price hits "stop", the order is activated at the "limit" level. Extremely useful when you cannot monitor the chart 24/7.
#OrderTypes101 "Trading without knowing how to use the right type of order is no different from 'going into the forest without a knife'. Below are 3 basic types of orders that every trader should know: 1. Market Order: Buy/sell immediately at the market price. Fast – but susceptible to slippage during high volatility. 2. Limit Order: Set the price you want to buy or sell. Safer, but may not get executed if the price does not reach it. 3. Stop-Limit Order: Combines both loss protection and profit taking. When the price hits 'stop', the order is activated at the 'limit' level. Extremely useful when you can't monitor the chart 24/7.$BTC
#CEXvsDEX101 Choosing between a Centralized Exchange (CEX) and a Decentralized Exchange (DEX) is an important decision for any crypto trader. Each type has trade-offs regarding security, user experience, liquidity, and control. Knowing when to use which type is an essential part of trading with an awareness of risk. 💬 Your post could include: · In your experience, what are the pros and cons of CEX compared to DEX? · Which one do you prefer and in what situations? · What do you consider when choosing between CEX and DEX? · What advice would you give to someone using DEX for the first time?
#TradingTypes101 Understanding the different types of transactions is the first step in building a comprehensive information strategy. Spot, Margin, and Futures trading each offer unique advantages and risks. The choice of which type to use depends on your goals, experience, and risk appetite.
#BinancePizza Binance Pizza" often refers to the celebration of Bitcoin Pizza Day on May 22, commemorated by the cryptocurrency community—including Binance—to mark the first real Bitcoin transaction in 2010, when Laszlo Hanyecz bought two pizzas for 10,000 BTC. Role of Binance: Every year, Binance hosts the celebration of Bitcoin Pizza Day with: Promotional campaigns (free pizza giveaways, contests, or discounts) Limited edition NFTs themed around pizza Community events or meetups in different cities Sometimes, charitable activities or collaborations with local pizza chains participate and earn by creating a post about Binance Pizza Day.
#broccoli Broccoli (BRO) is a memecoin on the Binance Smart Chain (BSC) ecosystem, inspired by CZ's dog – the former CEO of Binance. The project combines meme elements with DeFi and AI tools, creating a highly speculative token with strong growth potential in the crypto community.
🎁 Dolomite ( $DOLO )! Trading will open on April 24th
🎱 All eligible Binance Exchange users* with a purchase history on Alpha will receive an airdrop of 260 $DOLO to their Alpha account 10 minutes after the trade is executed.
Only eligible users can participate, during the period from 00:00:00 on April 15, 2024, to 23:59:59 on April 21, 2024 (UTC+0), maintaining an average daily holding amount of 50 dollars or more on Binance Exchange and Wallet, and accumulating at least 100 dollars worth of Alpha purchases on Binance Exchange.
#RamadanGiveaway #RamadanGiveaway #RamadanGiveaway The Ramadan promotion program of Binance Square is TAKING PLACE! Let's welcome the spirit of Ramadan and receive a share from the reward pool worth 5,000 USDC! From March 14 to March 28, complete tasks and engage during the Ramadan schedule of Binance in 2025 for a chance to win prizes.
#TradersBootCamp interact to get enough 10 likes guys 🎁Win completely free USDC🎁 Step 2 of the Binance Trader Training Camp: Learn and earn to win a share of the 100,000 USDC prize! Here is all the information: Click Here and Complete Quizzes to Earn USDC $USDC
$LTC There is a key factor, a quality and I can say that even a talent called PATIENCE, if we do not master this, we will fall into a state of total loss, what goes down just wait a little. You should not sell at a loss without analyzing because you can lose more.#LTC $LTC
#OnChainInsights #OnChainInsights Pi Coin Crashes After Mainnet Launch! With a 24-hour trading volume of $857.77 million, the Pi Network token has crashed by ~66%. With a circulating supply of 6.23 billion tokens and a maximum supply of 100 billion PI tokens, the project has a self-reported market capitalization of $4.3 billion. The Relative Strength Index (RSI) continues to hover around the neutral point on the 1H timeframe. Furthermore, the moving average trendline records similar price action, indicating increased volatility in the crypto market. Furthermore, the SMA indicator is on the verge of bearish convergence in the Pi coin price chart. This suggests a strong negative outlook for the altcoin in the near term. Is Pi Coin Worth Anything? Suppose a bullish reversal occurs, in which case, Pi Network price could retest the immediate resistance level of $0.75. Sustaining above that level could set the stage for the altcoin to aim for a higher price target of $1 this month.
Conversely, if bears prevail over bulls, Pi could retest the low of $0.50. Furthermore, if bearish sentiment increases, this could drag the price of the Pi token to a new all-time low (ATL) in the near future.
Are you wondering about the long-term price outlook of this viral altcoin, but worried about questions like “Is Pi Coin Worth It?” Read CoinPedia’s latest Pi Coin Price Prediction today to uncover the mysteries that could lie ahead until 2030!