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Babar529
@SyedBabarShah
Cement Industry officer, Blog Writer, Crypto invester
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Slow And Steady Wins
My dear Binance fellows as I never trade except the Binance platform, Initially I lost crypto but not in trade but it was gambling type platform which is now banned. Then I started trading and guess how much capital it is 1usdt which was luckyly left in Binance.
When I got profit of .17 I realized that I can do it, I transferred 3 more usdt in Binance and started , the capital increased to 4.5 and then I put more like 84 usdts.
The purpose of describing my story is to b
When I got profit of .17 I realized that I can do it, I transferred 3 more usdt in Binance and started , the capital increased to 4.5 and then I put more like 84 usdts.
The purpose of describing my story is to b
Spot Trading in Binance 3
Dear friends 1st of all I am sorry for my absence in last 2 days due to busy in Some domestic work.
In last article I told you about the pencil trade, after you master in that or at least practice it for a month if you start actual trade it will give you more benefit than that you start it without any homework.
Dear friends in business or in trading only the knowledge or experience do not give any benefit till you don't have capital amount for trading, in my own small expe
In last article I told you about the pencil trade, after you master in that or at least practice it for a month if you start actual trade it will give you more benefit than that you start it without any homework.
Dear friends in business or in trading only the knowledge or experience do not give any benefit till you don't have capital amount for trading, in my own small expe
Spot Trading in Binance 2
In yesterday's article I told you that never take hint or lead or prediction of market from anybody else just do your own research and use your experience even if it is of a several trades. The other thing which is very much recommended that do one month pencil trade before you start actual trade.
What is a pencil trade? A pencil trade is an imagery trade which is written down on a paper without expending money for example,
Bought 3/8/2024 5:00pm $PEPE .000012 @5usdt amount
What is a pencil trade? A pencil trade is an imagery trade which is written down on a paper without expending money for example,
Bought 3/8/2024 5:00pm $PEPE .000012 @5usdt amount
Spot Trading in Binance
When I started using Binance app I only used as a crypto exchange I didn't know it's trading etc, when I lost my crypto in a scam app I started looking inside Binance for earning , first I saw it's trading on spot trade very easily I understood it's procedure of buying and selling crypto coins.
As a business minded person I liked it very much and enjoyed trade on very low level it is 5 usdt in least(at that time I did not know convert option) i gave my time on learning and and unders
As a business minded person I liked it very much and enjoyed trade on very low level it is 5 usdt in least(at that time I did not know convert option) i gave my time on learning and and unders
The Problem in P2P in Pakistan
I don't understand what kind of discussion started regarding P2P problem in Pakistan. The first thing why a Pakistani buy or sell crypto outside the country as he already have platforms like Binance where he can purchase and buy as we are doing with no trouble.
If someone has such kind of trouble he can explain it with the right way. I think it is not more than roumers.
#Write2Earn! ,#Pakistani_Bitcoin
If someone has such kind of trouble he can explain it with the right way. I think it is not more than roumers.
#Write2Earn! ,#Pakistani_Bitcoin
Hello dear friends, Hope you all are doing very good, $HIGH is looking to reward those who bought at high rates and then held it tight. it is now +6.09% when am writing this post higher a little while ago. who want to earn money can start purchase but with caution as this is crypto which need from it's trader to have a little homework by them selves instead of looking for other people to spoon feed them.
stay blessed and earn profits.
#Write2Earn!
stay blessed and earn profits.
#Write2Earn!
#Write2Earn! ##Megadrop Hello my dear friends, I was thinking on how can help my friends with my writing so I decided to start for my new friends and or those who have not completed their home work before starting trade here on Binance let's start with the very basic lesson.
Trading on Binance can seem overwhelming, but understanding the interface and basic order types makes it manageable. Navigate to the "Trade" section and select either "Classic" or "Advanced" view. The left side shows trading pairs like BTC/USDT. Selecting a pair brings up its price chart in the center for analysis.
The order book on the right displays buy (green) and sell (red) orders. The middle price is the current market price.
For orders, you can use market orders, which execute immediately at the current price, or limit orders, which execute at a specified price. Market orders are quick but can be affected by volatility. Limit orders provide more control over execution prices.
Stop-limit orders combine stop and limit orders, executing at a set price when a stop price is reached, ideal for setting stop-losses or take-profits.
Risk management is crucial. Use stop-loss orders to protect your capital and diversify your investments to spread risk. Stay informed about market news, as it can impact prices.
Start with small amounts if you’re new, increasing investments as you gain confidence. Understanding these basics of spot trading on Binance will help you make informed trading decisions.
Hope you had enjoyed it and had some basic information from it, please do tell me.
Trading on Binance can seem overwhelming, but understanding the interface and basic order types makes it manageable. Navigate to the "Trade" section and select either "Classic" or "Advanced" view. The left side shows trading pairs like BTC/USDT. Selecting a pair brings up its price chart in the center for analysis.
The order book on the right displays buy (green) and sell (red) orders. The middle price is the current market price.
For orders, you can use market orders, which execute immediately at the current price, or limit orders, which execute at a specified price. Market orders are quick but can be affected by volatility. Limit orders provide more control over execution prices.
Stop-limit orders combine stop and limit orders, executing at a set price when a stop price is reached, ideal for setting stop-losses or take-profits.
Risk management is crucial. Use stop-loss orders to protect your capital and diversify your investments to spread risk. Stay informed about market news, as it can impact prices.
Start with small amounts if you’re new, increasing investments as you gain confidence. Understanding these basics of spot trading on Binance will help you make informed trading decisions.
Hope you had enjoyed it and had some basic information from it, please do tell me.
Hello dears, Hope enjoying the bearish market, everyone who has usdt can purchase at dips and can make more money.
Yesterday I deposited fresh money in Binance but could not take risk so bought $BNB at 585 and 579 which is increasing , moreover it shall increase during launching new coin.
it seems to me a good option, experts can guide me for action wether right or wrong.
Yesterday I deposited fresh money in Binance but could not take risk so bought $BNB at 585 and 579 which is increasing , moreover it shall increase during launching new coin.
it seems to me a good option, experts can guide me for action wether right or wrong.
Amazing come back by $NOT
As from the start of this coin earned a little income but when invested a little higher price it dumped and get continuously on downward, was very angrily sold my 50% amount and waited, yesterday when it reached the limit on .006 sold rest of my coins as to recover my usdt on loss as well, but later I regret when it gradually but speedy travelled to .0085 level.
I slept as it was very late night time but when woke up today it had touched .0088 , now I am investing again in it, maybe it turn to a new $PEPE .
#Write2Earn! #$NOT
As from the start of this coin earned a little income but when invested a little higher price it dumped and get continuously on downward, was very angrily sold my 50% amount and waited, yesterday when it reached the limit on .006 sold rest of my coins as to recover my usdt on loss as well, but later I regret when it gradually but speedy travelled to .0085 level.
I slept as it was very late night time but when woke up today it had touched .0088 , now I am investing again in it, maybe it turn to a new $PEPE .
#Write2Earn! #$NOT
$PEPE is successfully making people richer, it's volume crossed 1 billion , I am thinking about focusing more on$PEPE for long term and short term spot trading
NOT done very bad trick as it dump with $BTC but did not pump again with BTC which by my opinion a theft on investors' money, what do you say experts.
#Write&Earn
NOT done very bad trick as it dump with $BTC but did not pump again with BTC which by my opinion a theft on investors' money, what do you say experts.
#Write&Earn
Hi All
After very long time being away from crypto I restarted trading on 30th March this year, on 1st April a friend of mine told me about $ENA launching from Binance ,I made good profit from $ENA but stuck in high price 1.97, lost all my profit during switching to usdt for getting some money to retrading , during this time I read the articles about the whales who captured $ENA but despite of keeping these coins there is no sign of pump, since one week am trading in $PEPE and getting prof
#Memecoins #Write&Earn
After very long time being away from crypto I restarted trading on 30th March this year, on 1st April a friend of mine told me about $ENA launching from Binance ,I made good profit from $ENA but stuck in high price 1.97, lost all my profit during switching to usdt for getting some money to retrading , during this time I read the articles about the whales who captured $ENA but despite of keeping these coins there is no sign of pump, since one week am trading in $PEPE and getting prof
#Memecoins #Write&Earn
Market is low
Dear fellows there was a huge publisty for$BTC halving, many novice and medium level crypto traders had a concept that the market after halving will go up but it acted inversely , can any of our senior fellow Binance friends guide us on trading in Binance or crypto .
#Wrire2Earns
Dear fellows there was a huge publisty for$BTC halving, many novice and medium level crypto traders had a concept that the market after halving will go up but it acted inversely , can any of our senior fellow Binance friends guide us on trading in Binance or crypto .
#Wrire2Earns
$ENA is on his old track
Now a bullish trend from almost all coins $ENA was on his own pace I think this coin is worth .5 to .8 just trade short on spot trade.
Now a bullish trend from almost all coins $ENA was on his own pace I think this coin is worth .5 to .8 just trade short on spot trade.
Simple Calculation
Dear Friends everyone is here make himself a professor of crypto and giving for novice like me.
Remember if you want to trade you must know maths first. Here is a big debate going on $ENA and daily they say hold it tight or don't sell etc.
I took profit in the beginning of this coin but after a few days I stuck in it's price 1.94 after which the coin gradually came , when realized that this will not go up and have not usdt with me sold 50% @1.5 the purchased low price and sell short and improved.
here is a small calculation
20$x.780=
20$x.880=
same do yourself with $50 and so on you shall never loose. if 20 usdt purchase don't go up buy more with lesser price with the same amount and sell on low profit you shall easily earn 10 to 50 döller according to your investment .
take care
Dear Friends everyone is here make himself a professor of crypto and giving for novice like me.
Remember if you want to trade you must know maths first. Here is a big debate going on $ENA and daily they say hold it tight or don't sell etc.
I took profit in the beginning of this coin but after a few days I stuck in it's price 1.94 after which the coin gradually came , when realized that this will not go up and have not usdt with me sold 50% @1.5 the purchased low price and sell short and improved.
here is a small calculation
20$x.780=
20$x.880=
same do yourself with $50 and so on you shall never loose. if 20 usdt purchase don't go up buy more with lesser price with the same amount and sell on low profit you shall easily earn 10 to 50 döller according to your investment .
take care
Hi all
Hope all the crypto family is doing well,I have a question from some times that why all the coins are linked to $BTC as when it pumps all coins pump and when it dumps all the coins dump.
If experts explain it for us novice people it would be good for us to learn .
Hope all the crypto family is doing well,I have a question from some times that why all the coins are linked to $BTC as when it pumps all coins pump and when it dumps all the coins dump.
If experts explain it for us novice people it would be good for us to learn .
Very Good suggestions from Syed
LIVE
Syed Sulaiman
--
Bearish
Hold your coins don’t sell:
If cryptocurrency prices fall to historic lows, there are a number of approaches you can consider, depending on your investment goals and risk tolerance:
Hold (if you're a long-term investor):
This strategy is suitable if you believe in the long-term potential of cryptocurrency and are comfortable waiting for the market to recover. Historically, crypto has experienced significant price swings, but major coins like Bitcoin and Ethereum have bounced back from crashes.
Dollar-Cost Averaging (DCA):
If you're a long-term investor with some spare cash, consider DCA. This involves investing a fixed amount of money into your chosen cryptocurrency at regular intervals, regardless of the price. This can help average out your purchase price over time and potentially benefit from lower prices now.
Increase Investment (if you're a high-risk investor):
This aggressive approach is only suitable for investors with a high tolerance for risk and a long-term investment horizon. It involves adding more to your existing holdings at a discount, potentially amplifying your gains when the market rebounds. However, exercise extreme caution – the market could decline further.
Sell and Rebalance (if you need the money):
If you invested more than you can afford to lose, or if you need the money in the short term, selling some or all of your holdings might be necessary. Consider rebalancing your portfolio towards more stable assets to manage risk.
Stay Informed and Research:
Regardless of your chosen approach, stay informed about market developments and the underlying projects behind your chosen cryptocurrencies. Research potential reasons for the price drop and assess if your investment thesis remains valid.
Here are some additional tips:
Don't Panic Sell: Avoid emotional decisions based on fear. Panic selling during a downturn can lock in losses.
Focus on Fundamentals: Look beyond the price and consider the project's development, team, and long-term goals.
If cryptocurrency prices fall to historic lows, there are a number of approaches you can consider, depending on your investment goals and risk tolerance:
Hold (if you're a long-term investor):
This strategy is suitable if you believe in the long-term potential of cryptocurrency and are comfortable waiting for the market to recover. Historically, crypto has experienced significant price swings, but major coins like Bitcoin and Ethereum have bounced back from crashes.
Dollar-Cost Averaging (DCA):
If you're a long-term investor with some spare cash, consider DCA. This involves investing a fixed amount of money into your chosen cryptocurrency at regular intervals, regardless of the price. This can help average out your purchase price over time and potentially benefit from lower prices now.
Increase Investment (if you're a high-risk investor):
This aggressive approach is only suitable for investors with a high tolerance for risk and a long-term investment horizon. It involves adding more to your existing holdings at a discount, potentially amplifying your gains when the market rebounds. However, exercise extreme caution – the market could decline further.
Sell and Rebalance (if you need the money):
If you invested more than you can afford to lose, or if you need the money in the short term, selling some or all of your holdings might be necessary. Consider rebalancing your portfolio towards more stable assets to manage risk.
Stay Informed and Research:
Regardless of your chosen approach, stay informed about market developments and the underlying projects behind your chosen cryptocurrencies. Research potential reasons for the price drop and assess if your investment thesis remains valid.
Here are some additional tips:
Don't Panic Sell: Avoid emotional decisions based on fear. Panic selling during a downturn can lock in losses.
Focus on Fundamentals: Look beyond the price and consider the project's development, team, and long-term goals.
My today's plan
Hello Dears,
As for as the market's concern all the market is dump. I am a student of crypto since 2020 guess , but have money often recently on 31st march started from 88.89usdt , I started as the $ENA launched my capital increased 128usdt I sold 20usdt now due to yesterday dump my total came down to 91 usdt due to my wrong purchase of $ENA , I purchased against the formula 30%+30%+40% but still had some 50usdt for backup but due to hard dump I left only 18 usdt which were not sufficient to meet the purchase for backup, my last two purchases were @1.18 and 1.08 sold 25% of my total purchase when rate went to 2.48 and gained some more capital for recovery I have 50 usdt and confident for my trade and recovery. have now.
conclusion: Please follow the formula 30% initial purchase of your total invest ment followed by more 30% when market came down and rest of 40% with little investments for followup, this rrule learnt from this forum I am sorry I forgot the name of the member who posted this formula.
As for as the market's concern all the market is dump. I am a student of crypto since 2020 guess , but have money often recently on 31st march started from 88.89usdt , I started as the $ENA launched my capital increased 128usdt I sold 20usdt now due to yesterday dump my total came down to 91 usdt due to my wrong purchase of $ENA , I purchased against the formula 30%+30%+40% but still had some 50usdt for backup but due to hard dump I left only 18 usdt which were not sufficient to meet the purchase for backup, my last two purchases were @1.18 and 1.08 sold 25% of my total purchase when rate went to 2.48 and gained some more capital for recovery I have 50 usdt and confident for my trade and recovery. have now.
conclusion: Please follow the formula 30% initial purchase of your total invest ment followed by more 30% when market came down and rest of 40% with little investments for followup, this rrule learnt from this forum I am sorry I forgot the name of the member who posted this formula.
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