...it is helpful for those that can take advantage of the feature but might be a disaster for people that are greedy only thinking about profit they gonna get not thinking about the loss they might endure due to irresponsible use of the leverage feature.
No matter how corny it may sound, but if risk management is not followed, then you will lose your money anyway. And it should be understood that if someone risks the entire deposit in the hope of getting a big profit, if the price moves in the opposite direction to his expectations, his position will be liquidated by the exchange. |
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It was a painful and mentally disturbing event to lose $1 million just trading Binance futures. why should you be so careless in using all that money for trading, let alone using large leverage, that's a stupid act and without using a stoploss. no matter how much money you have, you will definitely lose it if you don't have good analytical and management skills. The liquidity risk is very large because the leverage used is also quite large, I'm not even too interested in futures trading because of the risks.
I'm sure that's not all the money he lost. If the trader followed risk management, then he should still have sufficient capital left to continue trading and, accordingly, he has a chance to recover the lost coins. |
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The simplest answer to this is that I think leverage is the best way to earn good profits. I'm talking about the profits that exchanges earn by charging fees on your trades. When you open a trade an amount of fees according to leverage set is charged by the exchanges and that's why they're offering them...
If only the exchange made a profit from using leverage, then there would be no traders who would use it. So it is beneficial not only for the exchange, but also for the trader, who can get additional profit thanks to leverage. |
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Looking at the previous halving in May 2020 - the market didn't really start going up until 5 months later in October.
Are we expecting this again this bull run? If so, it means the price will not start going up properly until September.
We can say for sure that in 2020, the cryptocurrency market was different and very different from what we see now. After the Bitcoin ETF was approved earlier this year, large capital came to the market, which is attracted by the high profitability of Bitcoin compared to the securities market. |
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Thats great mate. However I think the coinlist process now are quite different as theres no more queue method as they will be the one pick the winners probably based on karma and the new tier. You can easily gain alloc eith that tier I guess.
Yes, indeed, the process of buying coins on Coinlist has changed and I did not participate in the latest sales under the new rules. Now, as it is, the market provides many opportunities to make a profit and there is no desire to lock up your money for a long time, without having a guarantee that the coin will make a profit. |
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...Altcoins are become so expensive. People who keep waiting to buy altcoins with cheap price during Bitcoin halving, are disappointed cause market is still on up trend...
If you look at the chart, you will see that the price of all altcoins is still very far from ATH. And accordingly, in comparison with ATH, the price looks very attractive for purchase. Although it must be admitted that most altcoins have already grown significantly in price over the past year. |
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...Now I want to know what's gonna be best. I know Binance has lower interest but i'm still torn between these. So I wanna know y'all thoughts.
Of course, staking on Binance is less risky than Defi, but the profit is not commensurate with the latter. Recently, I managed to double the number of stable coins on the Ethena platform in 6 weeks, for staking which I received ENA coins, which was listed on Binance and other centralized exchanges. Currently on the Ethena.fi platform is in its second season, which runs until September 2. |
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...Also there is a rank system implemented based on karma so they will used it to set standard for participting on upcoming and future ico projects.
Previously, my karma was equal to 2750 and I regularly received a priority queue to buy coins. Now, after the rule changes, my karma has become equal to 3281 points and now I have a Platinum tier, which will allow me to receive a priority queue for purchases as before.  |
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...Our objective is to make this coin a 100m$+ marketcap coin. We are on the lookout for a team of 15-25 Interested partners. We already have a few people who are strong hands and have collected the majority supply of this token slowly so that it's easier to push it. If you are genuinely interested then this could be a fun journey together, to make something beautiful and profit.
It is not difficult to make the deployment of a coin contract, difficulties appear at the time of promotion of this token, which you are facing now. Your problem is the lack of capital and you are trying to find people in the team who would agree to do the work in exchange for your token. I am sure that you will not be able to find such people if they are really professionals in their field. |
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Looks good, but it doesn't mean I'm gonna buy it. Would be interesting to know something more about it, what are your plans?
Everyone has the same plans when they release similar meme coins. And these plans are to sell as many of these tokens as possible to gullible investors, and get a good profit from it. Only now investors have become more cautious and are in no hurry to buy shit coins. |
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I missed the solana meme coin boom missed slerf , missed Wifhat , and solana meme coins are really trending and giving a very huge profit to early adopters now i found another coins looks like the same as trending projects Simsol the project is meme and got a very good hype and marketing and there are rumors that these coins are going to list on CEX so what you guys think adoption of this coin earlier is a good approach or not. Simsol its gonna moon or not tell me because solana meme coins are mooning hard these days.
If you are not a member of the team, or do not have friends there, then you will never be an early participant in such a community. You will buy such meme coins at the price at which the team members decide to sell their coins in order to make a profit. |
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...Those who earn massively in trading are those who have dedicated 1-2 years of their time to learning a particular skill to perfection...
Not every beginner will become a successful trader after 1-2 years of diligent education. And there is no guarantee that you will receive any profit. In my opinion, in the cryptocurrency market it is easier to lose your money on trading than to make a profit. |
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There is an opportunity to farm a new coin on Bouncebit.io The staking will be available until the end of May and obviously there will be a listing on Binance at the same time. Investors - Binance Labs, OKX Ventures. Pools in ERC-20 (WBTC, USDT) and BSC (FDUSD, BTCB) are available.
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I have no idea about others but I'm interested in zksync. How can I participate in it's airdrop?
You need to wait for the official information from the zkSync team, which will contain the details of the snapshot and the criteria for airdrop distribution. And then, it is possible that you will receive a sufficient number of coins that will bring you a good profit, if of course your wallet will be eligible for this airdrop. |
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Hong Kong's Securities and Futures Commission (SFC) approved spot exchange-traded funds (ETFs) for Bitcoin and Ethereum on April 15, approving applications from three major players: China Asset Management, Bosera Capital and HashKey Capital Limited. Details of the listing of these ETFs will be finalized with Hong Kong's HKEX and the products are expected to be launched by the end of this month. While the US Securities and Exchange Commission (SEC) has not approved similar funds for Ethereum, Hong Kong has taken a step forward by approving both products simultaneously. Therefore, the chances of spot exchange-traded funds being approved on Ethereum have increased significantly.
If this happens in the US, then according to forecasts, the price of Ethereum could well rise to $12,000.
But even on such positive news, the price of ETH continues to decline following Bitcoin. This once again confirms the fact that a coin with such a large capitalization as ETH cannot move against the market. |
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First, with regard to trading, I always stay away from future trading because it involves great risks. The liquidation that occurred yesterday on positions was a clear message confirming the high risks that we have been warning about. There are some investors who lost millions as I saw on the X platform...
Well, if there is such a large number of liquidated positions, then there are those who were more fortunate and opened short positions before the dumps of the cryptocurrency market. And do not forget that you can open a short position only if you use margin trading. |
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...So my question is why do exchanges still offer them. They keep pushing it to traders like favourite snack?
The answer is simple: the exchange offers leverage, as there is a demand for this type of trading. And despite the high risks of using leverage, this type of trading is very popular among traders and if you adhere to the rules of risk management, it becomes less risky. |
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Before diving in an investment you need to always ask yourself why?
Why am I investing in this? If you have a reason in investing to a particular coin then you have answered 90% of your question...
The main reason for investing in any project is to make a profit. And the higher the risks that involve investing in new altcoins, the more profit you can theoretically get. But most people forget that high risks usually lead to the loss of the deposit. |
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Today, Founder Ethena_labs summed up the results of the recent market dump and compared it with the stress test for Ethena. "All of which were handled without issue Onwards to $10bn" - https://twitter.com/leptokurtic_/status/1780219042302738653 And this is really good news for everyone who invests in Ethena. |
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...without a doubt the reward we get from parcl is good enough but remember back then ethena gives double the staked amount just within a month right now there are project sponsored by binance lab themselves such as stakestone and so on, the key is always trying to find info, you can simply count on the binance lab twitter and you will see what project that are currently being sponsored by binance.
If Coinbase Ventures is among the investors, then this is just as good as Binance Labs) And today, following Coinbase Ventures, I invested in BOB Fusion https://fusion.gobob.xyz/, from which I want to get the same profit in 30 days as from investing in Ethena. |
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