tuanku radja
@radja_nusantara
kabar buruknya waktu berlalu begitu cepat, kabar baiknya kamu adalah pilotnya
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#BitwiseBitcoinETF 🚀 Bitwise Bitcoin ETF: The Future of Investment Innovation! 💡
Bitwise has officially launched the Bitcoin ETF, designed to make it easier for investors to access crypto assets like Bitcoin without the hassle of storing them directly. This ETF is a breakthrough that connects the world of traditional investment with the increasingly popular digital assets.
Why is Bitwise Bitcoin ETF Worth Considering?
1️⃣ Ease of Access: No need to have a digital wallet or understand blockchain technology.
2️⃣ Safe Regulation: Supervised by official authorities, providing a sense of security for investors.
3️⃣ Portfolio Diversification: Suitable for balancing
Bitwise has officially launched the Bitcoin ETF, designed to make it easier for investors to access crypto assets like Bitcoin without the hassle of storing them directly. This ETF is a breakthrough that connects the world of traditional investment with the increasingly popular digital assets.
Why is Bitwise Bitcoin ETF Worth Considering?
1️⃣ Ease of Access: No need to have a digital wallet or understand blockchain technology.
2️⃣ Safe Regulation: Supervised by official authorities, providing a sense of security for investors.
3️⃣ Portfolio Diversification: Suitable for balancing
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what is #BitwiseBitcoinETF
Bitwise Bitcoin ETF is an investment product that allows investors to gain exposure to Bitcoin without having to directly buy, store, or manage Bitcoin itself. This ETF is designed to be similar to buying stocks or mutual funds, making it an easier option for traditional investors to invest in Bitcoin.
Detailed Explanation:
1. What is an ETF?
ETF (Exchange-Traded Fund) is a financial product that is traded on a stock exchange, like a stock in general.
The value of an ETF reflects the price of the underlying asset, in this case Bitcoin.
2. Bitwise as an ETF Manager
Bitwise Asset Management is a company that manages cryptocurrency-related investment products, including crypto asset indices and ETFs.
Bitwise has strived to launch a Bitcoin ETF that is compliant with regulations, so that it can be accessed by investors in the regular stock market.
3. Advantages of Bitcoin ETF
Ease of Access: No need to understand the technicalities of storing Bitcoin or managing a digital wallet.
Security: Eliminates the risk of losing private keys or having your crypto wallet hacked.
Regulation: ETF products are typically overseen by a financial regulatory body, such as the SEC in the United States.
4. Status of Bitwise Bitcoin ETF
To date, many companies, including Bitwise, have applied to the SEC to launch Bitcoin ETFs in the US.
Some Bitcoin-based ETFs have been launched in other countries or in more specific forms, such as the Bitcoin Futures ETF.
5. How to Invest in Bitcoin ETFs (if available):
Open an account with a stockbroker that supports ETFs.
#BtcNewHolder #Binance $BTC
Bitwise Bitcoin ETF is an investment product that allows investors to gain exposure to Bitcoin without having to directly buy, store, or manage Bitcoin itself. This ETF is designed to be similar to buying stocks or mutual funds, making it an easier option for traditional investors to invest in Bitcoin.
Detailed Explanation:
1. What is an ETF?
ETF (Exchange-Traded Fund) is a financial product that is traded on a stock exchange, like a stock in general.
The value of an ETF reflects the price of the underlying asset, in this case Bitcoin.
2. Bitwise as an ETF Manager
Bitwise Asset Management is a company that manages cryptocurrency-related investment products, including crypto asset indices and ETFs.
Bitwise has strived to launch a Bitcoin ETF that is compliant with regulations, so that it can be accessed by investors in the regular stock market.
3. Advantages of Bitcoin ETF
Ease of Access: No need to understand the technicalities of storing Bitcoin or managing a digital wallet.
Security: Eliminates the risk of losing private keys or having your crypto wallet hacked.
Regulation: ETF products are typically overseen by a financial regulatory body, such as the SEC in the United States.
4. Status of Bitwise Bitcoin ETF
To date, many companies, including Bitwise, have applied to the SEC to launch Bitcoin ETFs in the US.
Some Bitcoin-based ETFs have been launched in other countries or in more specific forms, such as the Bitcoin Futures ETF.
5. How to Invest in Bitcoin ETFs (if available):
Open an account with a stockbroker that supports ETFs.
#BtcNewHolder #Binance $BTC
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#BitwiseBitcoinETF
Making money from crypto on Binance can be done in various ways. Here are some easy ways that you can try, especially if you are still a beginner:
1. Spot Trading
How it works: Buy crypto at a low price and sell when the price goes up.
Tips:
Start with large coins or tokens such as Bitcoin (BTC) or Ethereum (ETH) which are more stable.
Use the chart feature on Binance to monitor price movements.
Avoid trading based on emotions, and use strategies such as "buy and hold" if you believe the price will rise in the long term.
2. Crypto Staking
How it works: Deposit or "lock" your crypto to earn interest or rewards.
Tips:
Look for staking programs on Binance with a high APY (Annual Percentage Yield).
Choose assets that you believe will increase in value in the long term.
3. Binance Earn
How it works: Use the Savings or Flexible Earn features to earn interest on the crypto you own.
Tips:
Choose the "Flexible Savings" product if you want the freedom to withdraw funds at any time.
The "Locked Savings" product offers higher rewards but your funds cannot be withdrawn until
$BTC $XRP
Making money from crypto on Binance can be done in various ways. Here are some easy ways that you can try, especially if you are still a beginner:
1. Spot Trading
How it works: Buy crypto at a low price and sell when the price goes up.
Tips:
Start with large coins or tokens such as Bitcoin (BTC) or Ethereum (ETH) which are more stable.
Use the chart feature on Binance to monitor price movements.
Avoid trading based on emotions, and use strategies such as "buy and hold" if you believe the price will rise in the long term.
2. Crypto Staking
How it works: Deposit or "lock" your crypto to earn interest or rewards.
Tips:
Look for staking programs on Binance with a high APY (Annual Percentage Yield).
Choose assets that you believe will increase in value in the long term.
3. Binance Earn
How it works: Use the Savings or Flexible Earn features to earn interest on the crypto you own.
Tips:
Choose the "Flexible Savings" product if you want the freedom to withdraw funds at any time.
The "Locked Savings" product offers higher rewards but your funds cannot be withdrawn until
$BTC $XRP
#XmasCryptoMiracles
Bitcoin's current price is around $98,113, with a 0.07% increase ¹. Despite its recent price drop, analysts predict a potential rebound. The cryptocurrency's support level is at $96,000, and if it holds above this level, it may recover to $113,000 ².
Some key factors contributing to the potential rebound include:
- *Institutional Demand*: Bitcoin ETFs have accumulated $37 billion in assets under management, indicating growing institutional interest ².
- *Market Structure*: Bitcoin's overall market structure remains bullish, with higher highs and higher lows ².
- *Technical Indicators*: The AVIV Ratio, measuring unrealized profits, is currently low, suggesting potential for growth ².
However, there are also concerns about a further decline. Bitcoin's price has dropped 2% to trade at $95,081, with a 34% increase in daily trading volume ¹. The Relative Strength Index is below the 50-mean level, indicating waning bullish momentum ¹.
#币安Alpha公布第6批项目代币 #BtcNewHolder
Bitcoin's current price is around $98,113, with a 0.07% increase ¹. Despite its recent price drop, analysts predict a potential rebound. The cryptocurrency's support level is at $96,000, and if it holds above this level, it may recover to $113,000 ².
Some key factors contributing to the potential rebound include:
- *Institutional Demand*: Bitcoin ETFs have accumulated $37 billion in assets under management, indicating growing institutional interest ².
- *Market Structure*: Bitcoin's overall market structure remains bullish, with higher highs and higher lows ².
- *Technical Indicators*: The AVIV Ratio, measuring unrealized profits, is currently low, suggesting potential for growth ².
However, there are also concerns about a further decline. Bitcoin's price has dropped 2% to trade at $95,081, with a 34% increase in daily trading volume ¹. The Relative Strength Index is below the 50-mean level, indicating waning bullish momentum ¹.
#币安Alpha公布第6批项目代币 #BtcNewHolder
Nice news
Binance Square Official
--
Binance Square is pleased to introduce the launch of a new campaign on the Task Center on the Binance App. Users can complete simple tasks daily to unlock a share of $5,000 in USDC token rewards and earn Binance Points.
Activity Period: 2024-12-19 06:00 (UTC) to 2024-12-25 06:00 (UTC)
All eligible users can complete each of the following tasks once every day during the Activity Period.
Tasks:
1. Check in to Binance Square daily.*
2. Create a post with at least 100 characters using the limited-time hashtag (e.g., $BTC) OR selected trading pair.
3. For new Square users who have never posted on Square before the Activity Period, their first post will count as double (i.e., 2 participations).
Notes:
Limited-time hashtag and selected trading pair will be refreshed daily at 06:00 (UTC) and will run for 24 hours.
Completion of check-in AND creation of post (either with the hashtag OR the trading pair) counts as 1 participation. Users will need to complete both tasks within the 24-hour window for it to be counted as a valid entry.
Reward per Eligible Participant = Number of Tasks Completed / Total Number of Tasks Completed by All Participants * Reward Pool, capped at $10 per participant.
Terms & Conditions
This Activity may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the Activity Period in order for their entries to be counted as valid.
Users will receive a share of the reward pool and Binance Points upon completion of tasks and will be able to redeem their voucher and Points via Profile > Rewards Hub.
Token vouchers will be distributed within 21 working days after the campaign ends and expire 14 days after distribution. Points will expire on the last day of the same month a year later on a first-in, first-out basis.
Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards.
Activity Period: 2024-12-19 06:00 (UTC) to 2024-12-25 06:00 (UTC)
All eligible users can complete each of the following tasks once every day during the Activity Period.
Tasks:
1. Check in to Binance Square daily.*
2. Create a post with at least 100 characters using the limited-time hashtag (e.g., $BTC) OR selected trading pair.
3. For new Square users who have never posted on Square before the Activity Period, their first post will count as double (i.e., 2 participations).
Notes:
Limited-time hashtag and selected trading pair will be refreshed daily at 06:00 (UTC) and will run for 24 hours.
Completion of check-in AND creation of post (either with the hashtag OR the trading pair) counts as 1 participation. Users will need to complete both tasks within the 24-hour window for it to be counted as a valid entry.
Reward per Eligible Participant = Number of Tasks Completed / Total Number of Tasks Completed by All Participants * Reward Pool, capped at $10 per participant.
Terms & Conditions
This Activity may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the Activity Period in order for their entries to be counted as valid.
Users will receive a share of the reward pool and Binance Points upon completion of tasks and will be able to redeem their voucher and Points via Profile > Rewards Hub.
Token vouchers will be distributed within 21 working days after the campaign ends and expire 14 days after distribution. Points will expire on the last day of the same month a year later on a first-in, first-out basis.
Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards.
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#MarketRebound
Here is today’s crypto market analysis:
Market Cap
The global crypto market cap is currently at $3.31 trillion with a decrease of 1.21% in the last 24 hours ¹. Meanwhile, according to CoinGecko, the global crypto market cap today is $3.45 trillion with a change of 0.4% in the last 24 hours ².
Market Dominance
Bitcoin (BTC) dominance is at 57.3% ¹, while Ethereum (ETH) is at 12.1% ¹. According to CoinGecko, Bitcoin dominance is at 54% and Ethereum dominance is at 11.8% ².
Top Crypto Prices
Here are today’s top crypto prices:
- Bitcoin (BTC): $94,016.26 with a 0.4% increase in the last 24 hours ²
- Ethereum (ETH): $3,384.96 with a 0.8% increase in the last 24 hours ²
- Tether (USDT): $0.9982 with a 0.1% increase in the last 24 hours ²
- XRP: $2.23 with a 0.5% increase in the last 24 hours ²
- BNB: $687.20 with a 0.3% increase in the last 24 hours ²
Technical Analysis
Technical analysis suggests that the crypto market is trending bullish. However, it is important to note that technical analysis is not always accurate and should be used as a tool in making trading decisions.
#CryptocurrencyPotential #futures
Here is today’s crypto market analysis:
Market Cap
The global crypto market cap is currently at $3.31 trillion with a decrease of 1.21% in the last 24 hours ¹. Meanwhile, according to CoinGecko, the global crypto market cap today is $3.45 trillion with a change of 0.4% in the last 24 hours ².
Market Dominance
Bitcoin (BTC) dominance is at 57.3% ¹, while Ethereum (ETH) is at 12.1% ¹. According to CoinGecko, Bitcoin dominance is at 54% and Ethereum dominance is at 11.8% ².
Top Crypto Prices
Here are today’s top crypto prices:
- Bitcoin (BTC): $94,016.26 with a 0.4% increase in the last 24 hours ²
- Ethereum (ETH): $3,384.96 with a 0.8% increase in the last 24 hours ²
- Tether (USDT): $0.9982 with a 0.1% increase in the last 24 hours ²
- XRP: $2.23 with a 0.5% increase in the last 24 hours ²
- BNB: $687.20 with a 0.3% increase in the last 24 hours ²
Technical Analysis
Technical analysis suggests that the crypto market is trending bullish. However, it is important to note that technical analysis is not always accurate and should be used as a tool in making trading decisions.
#CryptocurrencyPotential #futures
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$BTC Bitcoin (BTC) signals are currently showing several technical indicators to watch.
- *Short-term Signal*: On the 15-minute timeframe, Bitcoin price is below support 1, indicating a neutral signal ¹.
- *Medium-term Signal*: On the 30-minute timeframe, there is a bearish signal as the 20 and 50 moving averages are in a bearish crossover condition ¹.
- *Long-term Signal*: On the daily timeframe, Bitcoin price is below support 1, indicating a neutral signal, but there is a bearish signal as the 50 moving average is in a bearish crossover condition ¹.
Several other technical indicators are also showing:
- *CCI (Commodity Channel Index) Indicator*: Is in an oversold condition, indicating that Bitcoin price may increase ¹.
- *Williams %R Indicator*: Is in an oversold condition, indicating that Bitcoin price may increase ¹.
- *RSI (Relative Strength Index) Indicator*: Showing bullish divergence, indicating that Bitcoin price may be heading higher ¹.
However, keep in mind that technical analysis is not always accurate and should be used as a tool in making trading decisions. Be sure to do your research and consider various factors before making a trading decision. $ETH
$BTC
- *Short-term Signal*: On the 15-minute timeframe, Bitcoin price is below support 1, indicating a neutral signal ¹.
- *Medium-term Signal*: On the 30-minute timeframe, there is a bearish signal as the 20 and 50 moving averages are in a bearish crossover condition ¹.
- *Long-term Signal*: On the daily timeframe, Bitcoin price is below support 1, indicating a neutral signal, but there is a bearish signal as the 50 moving average is in a bearish crossover condition ¹.
Several other technical indicators are also showing:
- *CCI (Commodity Channel Index) Indicator*: Is in an oversold condition, indicating that Bitcoin price may increase ¹.
- *Williams %R Indicator*: Is in an oversold condition, indicating that Bitcoin price may increase ¹.
- *RSI (Relative Strength Index) Indicator*: Showing bullish divergence, indicating that Bitcoin price may be heading higher ¹.
However, keep in mind that technical analysis is not always accurate and should be used as a tool in making trading decisions. Be sure to do your research and consider various factors before making a trading decision. $ETH
$BTC
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#ChristmasMarketAnalysis Here is today’s crypto market analysis:
Market Analysis
- The global crypto market cap is currently at $3.31 trillion with a decrease of 1.21% in the last 24 hours ¹.
- The 24-hour trading volume is at $152.17 billion with an increase of 0.63% ¹.
- Bitcoin (BTC) dominance is at 57.3%, while Ethereum (ETH) is at 12.1% ¹.
Top Crypto Prices
- Bitcoin (BTC): $97,481.26 with a decrease of 1.70% in the last 24 hours ².
- Ethereum (ETH): $1,551,450,711.03 with an increase of 1.82% in the last 24 hours ¹.
- XRP: $0.35 with an increase of 3.13% in the last 24 hours ¹.
Technical Analysis
- Massive liquidation of $1.1 billion in the last 24 hours ².
- Whales continue to increase their holdings in the Bitcoin market, providing potential for recovery ².
- Bitcoin trading volume surges to 53,476 BTC, indicating significant buying interest ².
Market Forecast
- Potential recovery in Bitcoin price after hitting a low ².
- Investors are advised to monitor the support level at $95,000 and resistance at $100,000 as key areas for further movement ². #Bitcoin🤝 #BecomeCreator
Market Analysis
- The global crypto market cap is currently at $3.31 trillion with a decrease of 1.21% in the last 24 hours ¹.
- The 24-hour trading volume is at $152.17 billion with an increase of 0.63% ¹.
- Bitcoin (BTC) dominance is at 57.3%, while Ethereum (ETH) is at 12.1% ¹.
Top Crypto Prices
- Bitcoin (BTC): $97,481.26 with a decrease of 1.70% in the last 24 hours ².
- Ethereum (ETH): $1,551,450,711.03 with an increase of 1.82% in the last 24 hours ¹.
- XRP: $0.35 with an increase of 3.13% in the last 24 hours ¹.
Technical Analysis
- Massive liquidation of $1.1 billion in the last 24 hours ².
- Whales continue to increase their holdings in the Bitcoin market, providing potential for recovery ².
- Bitcoin trading volume surges to 53,476 BTC, indicating significant buying interest ².
Market Forecast
- Potential recovery in Bitcoin price after hitting a low ².
- Investors are advised to monitor the support level at $95,000 and resistance at $100,000 as key areas for further movement ². #Bitcoin🤝 #BecomeCreator
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Here is the latest analysis of the cryptocurrency market as of December 23, 2024:
Recent Price Action:
Bitcoin (BTC) is currently trading around $95,124, down about 1.4% in the last 24 hours. Ethereum (ETH) is trading around $3,295, down about 1.8%. BNB is steady at $663.68 with a slight increase of 0.2%. XRP and Cardano (ADA) are down about 3.1% and 1.6%, respectively.
Market Influencing Factors:
Fed Monetary Policy: The Federal Reserve’s recent 25 basis point interest rate cut has caused volatility in the crypto market. While rate cuts typically boost riskier assets, the market reaction this time was different, with Bitcoin prices dropping below $100,000. Bitcoin Price Prediction: Analysts like Peter Brandt project that Bitcoin could reach a new price target of around $115,000 in the near future, indicating significant bullish potential.
Technical Analysis:
Bitcoin (BTC): After hitting an all-time high (ATH) of $106,000 on December 16, 2024, Bitcoin has corrected and is currently trading around $95,000. Strong support is at $92,400, with a potential rebound if this level holds.
Ethereum (ETH): ETH is consolidating around $3,300. Some analysts project a potential upside towards $10,000+ in the long term, depending on the development of the ecosystem and adoption of the technology.
Recommendations:
Investors: It is advisable to monitor macroeconomic and monetary policy news that could affect the crypto market. Portfolio diversification and risk management remain key in dealing with market volatility.
Traders: Watch key support and resistance levels, as well as technical indicators to identify short-term trading opportunities.
Always remember that the cryptocurrency market is highly volatile and is affected by various external factors. Conduct thorough analysis and consult a financial advisor before making any investment decisions.
tip for me : 971220085
Recent Price Action:
Bitcoin (BTC) is currently trading around $95,124, down about 1.4% in the last 24 hours. Ethereum (ETH) is trading around $3,295, down about 1.8%. BNB is steady at $663.68 with a slight increase of 0.2%. XRP and Cardano (ADA) are down about 3.1% and 1.6%, respectively.
Market Influencing Factors:
Fed Monetary Policy: The Federal Reserve’s recent 25 basis point interest rate cut has caused volatility in the crypto market. While rate cuts typically boost riskier assets, the market reaction this time was different, with Bitcoin prices dropping below $100,000. Bitcoin Price Prediction: Analysts like Peter Brandt project that Bitcoin could reach a new price target of around $115,000 in the near future, indicating significant bullish potential.
Technical Analysis:
Bitcoin (BTC): After hitting an all-time high (ATH) of $106,000 on December 16, 2024, Bitcoin has corrected and is currently trading around $95,000. Strong support is at $92,400, with a potential rebound if this level holds.
Ethereum (ETH): ETH is consolidating around $3,300. Some analysts project a potential upside towards $10,000+ in the long term, depending on the development of the ecosystem and adoption of the technology.
Recommendations:
Investors: It is advisable to monitor macroeconomic and monetary policy news that could affect the crypto market. Portfolio diversification and risk management remain key in dealing with market volatility.
Traders: Watch key support and resistance levels, as well as technical indicators to identify short-term trading opportunities.
Always remember that the cryptocurrency market is highly volatile and is affected by various external factors. Conduct thorough analysis and consult a financial advisor before making any investment decisions.
tip for me : 971220085
See original
Here are some tips to maximize profits and minimize losses in trading on Binance:
Trading Strategy
1. Set long-term trading goals and plans.
2. Choose the right trading strategy (scalping, day trading, swing trading).
3. Use technical and fundamental analysis.
4. Monitor indicators such as RSI, MACD, and Bollinger Bands.
5. Set stop loss and take profit.
Risk Management
1. Set a loss limit (stop loss) before buying.
2. Use the right position (lot size).
3. Do not use too high leverage.
4. Diversify your portfolio.
5. Monitor and adjust your strategy regularly.
Technical Analysis
1. Identify chart patterns (trend, support, resistance).
2. Use oscillator indicators (RSI, Stochastic).
3. Analyze candlesticks.
4. Pay attention to trading volume.
5. Use Binance charting tools.
Fundamental Analysis
1. Pay attention to market and economic news.
2. Analyze the company's financial statements.
3. Monitor regulatory changes.
4. Keep up with industry developments.
5. Use reliable sources of information.
Emotional Management
1. Don't be too optimistic or pessimistic.
2. Stay calm and objective.
3. Don't make decisions based on emotions.
4. Take a break and relax.
5. Set a trading time limit.
Binance Tips
1. Use the Binance mobile app to monitor prices.
2. Enable price notifications.
3. Use the "Stop Limit" and "Take Profit" features.
4. Check transaction fees.
5. Follow Binance tutorials and webinars.
Sources of Information
1. Binance official website.
2. Binance Academy.
3. CoinMarketCap.
4. TradingView.
5. Forbes, CNBC, and Bloomberg.
Common Mistakes
1. Don't buy when the price is high.
2. Don't sell when the price is low.
3. Don't use too much leverage.
4. Don't monitor prices constantly.
5. Don't ignore risk management.
By following these tips, you can maximize your profits and minimize your losses in trading on Binance. However, remember that trading always has risks.#APT🔥 $BTC
#fet
Trading Strategy
1. Set long-term trading goals and plans.
2. Choose the right trading strategy (scalping, day trading, swing trading).
3. Use technical and fundamental analysis.
4. Monitor indicators such as RSI, MACD, and Bollinger Bands.
5. Set stop loss and take profit.
Risk Management
1. Set a loss limit (stop loss) before buying.
2. Use the right position (lot size).
3. Do not use too high leverage.
4. Diversify your portfolio.
5. Monitor and adjust your strategy regularly.
Technical Analysis
1. Identify chart patterns (trend, support, resistance).
2. Use oscillator indicators (RSI, Stochastic).
3. Analyze candlesticks.
4. Pay attention to trading volume.
5. Use Binance charting tools.
Fundamental Analysis
1. Pay attention to market and economic news.
2. Analyze the company's financial statements.
3. Monitor regulatory changes.
4. Keep up with industry developments.
5. Use reliable sources of information.
Emotional Management
1. Don't be too optimistic or pessimistic.
2. Stay calm and objective.
3. Don't make decisions based on emotions.
4. Take a break and relax.
5. Set a trading time limit.
Binance Tips
1. Use the Binance mobile app to monitor prices.
2. Enable price notifications.
3. Use the "Stop Limit" and "Take Profit" features.
4. Check transaction fees.
5. Follow Binance tutorials and webinars.
Sources of Information
1. Binance official website.
2. Binance Academy.
3. CoinMarketCap.
4. TradingView.
5. Forbes, CNBC, and Bloomberg.
Common Mistakes
1. Don't buy when the price is high.
2. Don't sell when the price is low.
3. Don't use too much leverage.
4. Don't monitor prices constantly.
5. Don't ignore risk management.
By following these tips, you can maximize your profits and minimize your losses in trading on Binance. However, remember that trading always has risks.#APT🔥 $BTC
#fet
According to Odaily, cryptocurrency analyst Ali (@ali_charts) revealed on the X platform that during the recent market decline, whales have purchased over 100 million XRP. The market data indicates that XRP has rebounded to $2.34, marking a 5.6% increase over the past 24 hours.
This significant acquisition by large investors, often referred to as 'whales,' highlights their strategic moves during periods of market volatility. The purchase of such a substantial amount of XRP suggests confidence in the cryptocurrency's potential for recovery and growth. As the market experiences fluctuations, these large-scale investments can influence price movements and investor sentiment.
The recent uptick in XRP's value, following the whale purchases, underscores the impact of significant transactions on the cryptocurrency's market performance. With XRP's price climbing by 5.6% in a single day, it reflects a positive shift in market dynamics, potentially attracting more investors to the digital asset. As the market continues to evolve, the actions of major players like these whales will likely remain a focal point for analysts and investors alike
This significant acquisition by large investors, often referred to as 'whales,' highlights their strategic moves during periods of market volatility. The purchase of such a substantial amount of XRP suggests confidence in the cryptocurrency's potential for recovery and growth. As the market experiences fluctuations, these large-scale investments can influence price movements and investor sentiment.
The recent uptick in XRP's value, following the whale purchases, underscores the impact of significant transactions on the cryptocurrency's market performance. With XRP's price climbing by 5.6% in a single day, it reflects a positive shift in market dynamics, potentially attracting more investors to the digital asset. As the market continues to evolve, the actions of major players like these whales will likely remain a focal point for analysts and investors alike
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this is good
BounceBit
--
⚪️🟡Official BounceBit x Square Campaign Announcement!
It’s simple—complete below tasks and earn $10,000 in rewards!
Earn $BB coins by:
1. Following our account
2. Sharing this pinned post
3. Participating in eligible trading activities listed here: Official Campaign Post
4. Create a post with a minimum of 100 characters using the hashtag #BounceBit
It’s simple—complete below tasks and earn $10,000 in rewards!
Earn $BB coins by:
1. Following our account
2. Sharing this pinned post
3. Participating in eligible trading activities listed here: Official Campaign Post
4. Create a post with a minimum of 100 characters using the hashtag #BounceBit
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#MarketBuyOrHold?
What is Trading?
Trading is the activity of buying and selling assets such as stocks, currencies, or commodities to profit from the price difference. The goal is to buy at a low price and sell at a high price, or vice versa.
How to?
1. Choose a Market: Determine the assets you want to trade (forex, stocks, crypto, etc.).
2. Learn Analysis: Learn technical analysis (price charts) and fundamentals (market conditions).
3. Use a Trading Platform: Register on a trading application, such as Binance, MetaTrader, or others.
4. Practice and Strategy: Use a demo account to learn and apply strategies such as scalping or swing trading.
5. Manage Risk: Determine a loss limit (stop-loss) and profit target.
How to Get Rich from Trading?
1. Learn Deeply: Improve your ability to read the market and manage emotions.
2. Use Capital Wisely: Invest capital that you are ready to risk.
3. Use Leverage with Caution: Leverage can magnify profits, but also losses.
4. Be Consistent and Patient: Focus on small, consistent growth rather than high-risk big gains.
5. Follow a Trading Plan: Don't get carried away by emotions or baseless speculation.
Remember, trading is high risk. Discipline and knowledge are the keys to success!
#BecomeCreator #CryptoExplorerFiesta #marketdownturn #bullrun $BNB
What is Trading?
Trading is the activity of buying and selling assets such as stocks, currencies, or commodities to profit from the price difference. The goal is to buy at a low price and sell at a high price, or vice versa.
How to?
1. Choose a Market: Determine the assets you want to trade (forex, stocks, crypto, etc.).
2. Learn Analysis: Learn technical analysis (price charts) and fundamentals (market conditions).
3. Use a Trading Platform: Register on a trading application, such as Binance, MetaTrader, or others.
4. Practice and Strategy: Use a demo account to learn and apply strategies such as scalping or swing trading.
5. Manage Risk: Determine a loss limit (stop-loss) and profit target.
How to Get Rich from Trading?
1. Learn Deeply: Improve your ability to read the market and manage emotions.
2. Use Capital Wisely: Invest capital that you are ready to risk.
3. Use Leverage with Caution: Leverage can magnify profits, but also losses.
4. Be Consistent and Patient: Focus on small, consistent growth rather than high-risk big gains.
5. Follow a Trading Plan: Don't get carried away by emotions or baseless speculation.
Remember, trading is high risk. Discipline and knowledge are the keys to success!
#BecomeCreator #CryptoExplorerFiesta #marketdownturn #bullrun $BNB
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From the image, market depth is used to understand the strength of supply (bid) and demand (ask) in the current market. Here's how to read it:
1. Bid (Green):
Shows the amount of demand to buy an asset at a certain price.
The greater the amount on the bid side, the more people want to buy at that price. If this amount is large and close to the current price, it can put upward pressure on the price.
2. Ask (Red):
Shows the amount of supply to sell an asset at a certain price.
The greater the amount on the ask side, the more people want to sell at that price. If this amount is large and close to the current price, it can put downward pressure on the price.
3. Pay attention to the Bid and Ask Ratio:
If the bid volume is higher than the ask, there is a potential for the price to rise because buying pressure is greater.
If the ask volume is higher than the bid, there is a potential for the price to fall because selling pressure is greater.
4. Current price (Last Price):
The price in the middle (0.02358) is the last transaction price. If the pressure on the ask side is strong, this price can go down. If the pressure on the bid side is strong, this price can go up.
Analysis from the Image:
Bid Volume: 44.32%
Ask Volume: 55.68%
At this time, the pressure on the Ask side is greater than the Bid, which indicates that there is a potential for the price to go down in the near future, unless there is a significant surge of buyers.
However, remember, this is just a glimpse of the depth of the market. Decisions should take into account technical analysis, market news, or other factors.
From the image, market depth is used to understand the strength of supply (bid) and demand (ask) in the current market. Here's how to read it:
1. Bid (Green):
Shows the amount of demand to buy an asset at a certain price.
The greater the amount on the bid side, the more people want to buy at that price. If this amount is large and close to the current price, it can put upward pressure on the price.
2. Ask (Red):
Shows the amount of supply to sell an asset at a certain price.
The greater the amount on the ask side, the more people want to sell at that price. If this amount is large and close to the current price, it can put downward pressure on the price.
3. Pay attention to the Bid and Ask Ratio:
If the bid volume is higher than the ask, there is a potential for the price to rise because buying pressure is greater.
If the ask volume is higher than the bid, there is a potential for the price to fall because selling pressure is greater.
4. Current price (Last Price):
The price in the middle (0.02358) is the last transaction price. If the pressure on the ask side is strong, this price can go down. If the pressure on the bid side is strong, this price can go up.
Analysis from the Image:
Bid Volume: 44.32%
Ask Volume: 55.68%
At this time, the pressure on the Ask side is greater than the Bid, which indicates that there is a potential for the price to go down in the near future, unless there is a significant surge of buyers.
However, remember, this is just a glimpse of the depth of the market. Decisions should take into account technical analysis, market news, or other factors.