Bitcoin has turned positive since the beginning of the year as it shifts towards the digital gold narrative.
The strong correlation between Bitcoin and gold remains despite growing economic uncertainty. By James Van Straten | Edited by Sheldon Reback Bitcoin has a strong positive correlation with gold at 0.70, which distances it from technology stocks. It also has a correlation with the Nasdaq 100 at 0.53. Bitcoin is approaching $95,000 after its best weekly performance since late 2024.
Two-Factor Authentication (2FA) is the first line of defense against unauthorized access attempts to your account. After enabling this feature, even if someone steals your password, they will not be able to access your account without the authentication code.
To enable it:
Go to the Binance app, then to settings > security.
Select "Two-Factor Authentication" and activate "Google Authenticator" or authentication via SMS text messages.
It is recommended to use Google Authenticator because it is more secure than text messages.
Never postpone this step, as it is simple but protects you from 90% of hacking attempts.
Earn yourself and your friends 100$ or 50$ through the link below: اكسب 50دولار اضغط هنا شارك معا الاصدقاء
Protecting your Binance account is a fundamental necessity, not an option. With the increase in cyber attacks, safeguarding your information and funds is your top responsibility. The main reasons for breaches are negligence and not using the security tools available for free within the platform. Remember: You protect your bank account in the real world, so why not protect your digital account? Start securing your account today, as losses in cryptocurrency are often irrecoverable. In our upcoming lessons, you will learn how to easily build the strongest security system for your account with practical steps.
You and your friends can earn 100$ or 50$ through the link below: اكسب 50دولار واكثر اضغط هنا شارك معا الاصدقاء
What allows you to earn 100% from this link is sharing it with those outside Binance on WhatsApp, Facebook, Telegram, etc. Good luck!
4. **Technical Support**: Binance provides technical support to assist users in the event of any problems during P2P trading operations.
However, you should always follow some security tips when using P2P services:
- **Check other users' reviews**: Make sure the party you are dealing with has positive reviews and a good trading history. - **Use reliable payment methods**: Avoid using unknown or unreliable payment methods. - **Do not share sensitive personal information**: Do not share your personal or financial data with the other party outside of the transaction. - **Verify the details of the deal**: Before confirming the deal, confirm its details such as price and quantity.
If you follow these guidelines, your P2P purchase on Binance can be safe and reliable.
Follow me to become a success, God willing ❤... I wish you success, God willing. May you always be well.
P2P purchasing via the Binance platform can be secure if you follow the security instructions and guidelines provided by the platform. Binance offers a P2P service to facilitate direct buying and selling between users. To ensure security in this process, Binance provides some features and precautionary measures, such as:
1. **Trusted Accounts**: Binance provides a rating system for sellers and buyers based on the experiences of other users, which helps you choose trustworthy parties.
2. **Escrow**: When a P2P transaction is made, digital assets are locked in a private escrow wallet until the transaction is confirmed to have been completed by both parties. This protects both parties from fraud.
3. **Identity Verification**: Binance requires users to verify their identities before participating in P2P trading, reducing the risk of fraud.
🌹 Due to the length of the text, you can complete the post on the page directly after this post.
1. Continuous learning: - Start reading books, watching educational videos, and joining training courses to learn the basics.
2. Create a trading plan: - Develop a clear plan that includes your goals, the strategies you will follow, and capital and risk management.
3. Risk management: - Do not risk more than 1-2% of your capital in one trade. Use stop loss orders to protect your investments.
4. Trading on the demo account: - Start trading on a demo account to try out your strategies without actual risk, before moving to the real account.
5. Trading with reason, not emotion: - Avoid making decisions based on emotions such as greed or fear. Stick to your plan and avoid getting caught up in the market.
6. Follow economic news: - Follow economic news and reports because they greatly affect the movement of markets.
7. Diversification of investments: - Do not put all your capital in one asset. Diversify your portfolio to reduce risk.
8. Technical and fundamental analysis: - Learn how to read charts and technical indicators, in addition to understanding the basic economic factors that affect the market.
9. Patience and discipline: -Trading is not a way to get rich quick. Be patient and stick to your plan and strategy.
10. Learn from mistakes: -Review your previous trades and learn from your mistakes to avoid them in the future and improve your performance. #Binance