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Aman Sai
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JUST IN: Vitalik Buterin donated 10 million baht ($292,000) to Khao Kheow Open Zoo in Thailand to support wildlife conservation, specifically sponsoring a pygmy hippo named Moo Deng.
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What Makes Bitcoin Trading Difficult for Beginners? 🔵 High Volatility Bitcoin prices can fluctuate significantly in short periods. For beginners, this can be an opportunity for profit or a source of substantial losses. 🔵 Lack of Knowledge Successful trading requires understanding charts, indicators, and strategies. Beginners often struggle with technical analysis. 🔵 Risk of Emotional Trading Inexperienced traders are prone to panic during price drops or greed during price spikes, leading to poor decisions. 🔵 Complexity of Platforms Exchange interfaces and trading terminals can be confusing. Understanding how orders (limit, market, stop-loss) work is essential. 🔵 Absence of Risk Management Strategies Without a clear plan and capital management methods (e.g., stop-loss), beginners risk losing their investments quickly. 🔵 Fees and Costs Exchanges charge fees for every trade, which can eat into profits, especially with frequent trading. 🔵 Market Manipulation The cryptocurrency market is often subject to manipulation by large players, which can mislead novice traders. 🔵 Psychological Pressure Constantly monitoring price changes and the fear of missing out (FOMO) can cause stress and lead to mistakes. 🔵 Regulatory Uncertainty Different countries have varying laws regarding cryptocurrency trading. Lack of knowledge in this area can cause problems. 🔵 Lack of Trust in Platforms Beginners often worry about the security of their funds due to exchange hacks or fraud. Dyor nfa @Aman Sai ✅
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🇯🇵Japan Rejects Bitcoin National Reserves Proposal Amid Global Crypto Trends⚡️ Japan declines Bitcoin for national reserves, focusing on stability. Meanwhile, the U.S. is considering strategic reserve under Trump. ❌
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🔥 BULLISH: The total value locked on #Ethereum surpassed $90B this month Its first time Ethereum's TVL has hit that high since April 2022.
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🔥 SAYLOR: “Dump your gold, sell all the US gold and buy #Bitcoin.”
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✈️ JUST IN: Pavel Durov announced that Telegram has become profitable for the first time, with total revenue exceeding $1 billion. By the end of the year, the company expects to have over $500 million in reserves, excluding $TON.
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