I know knowledge is not free anymore. We humans have monetized knowledge that if someone without the knowledge wants to learn he has to pay handsomely for it. Many persons are eager to learn how to trade and bad luck has fallen into the hands of liars and tricksters who take money promising to teach these people online. We don't need to pay anybody to learn how to trade, we can do that for free. After all the only thing they would teach online about trading is the theory aspect and then the section is over. There are various resources on the internet especially YouTube that you can start learning from there until you are familiar with trading.

Also, anyone who tells you that you can become a profitable trader in just two months is a liar. Trading takes time to be acquainted with. It takes 3-4 years before a trader can be seen as a consistent and professional trader.

Let me work you through this step I am using to be a professional trader

1. Learning on YouTube and other PDF resources online
2. Attending conferences and watching trading podcast
3. Find a mentor, whether offline or online. You may not be close to this person but always study his trade
4. Practice always and maintain consistency

Trading is the most risky business. I think those who consider trading platform as a very easy way to earn have no experience in trading. Even after years of trading experience, there are times when the market peaks and falls and loses money. It's not too long ago, just 5-10 days ago, the market dumped a lot of money, people lost millions of dollars. So this trading platform should never be seen as an easy way to earn.  However, by gaining enough experience from the trading platform, one can earn by trading. In this case, some experience is essential. One cannot be too greedy, one cannot lose patience and one cannot trade on the basis of emotions. By adopting these few trading platform strategies, a person can make some money from the trading platform. I will say again that it should always be remembered that trading platforms are not easy means to obtain.

Such types of people are assuming that trading is very easy and just buying and selling will make them wealthy in just a short time period but if they examine the reality then there is nothing more than losing their money in trading.

 If one has got knowledge about trading, has full command of his emotions, knows better about when to buy and when to sell, as well as should mentally prepare  that if they enter into the market they will surely see some loss and one cannot get quick earning in trading then they will understand better and will not fall into wrong thoughts like that of a gambler.

This is a trick by certain people or platforms to trap new people. Or, this is a naive hope for beginners in crypto who only see the results of the success of traders or investors in crypto trading. And in the end, if they can feel for themselves how this phenomenon works, yes, they will definitely feel cheated. because there is nothing instant to achieve success, especially in trading.

That's the process. because after all, the trading process is very complicated. while we fully understand that trading, on the other hand, is very risky. So, even professional traders certainly don't have an easy time going through the whole process. But what is certain is that it is not easy to produce such large numbers. especially for those of us who are not professional day traders.

Those who buy and hold cryptocurrencies for 1 or 2 years before they sell them are considered investors and not traders because a trader is supposed to buy something and sell it not very late after that. So if I'm buying Bitcoin, keeping it for 2 years or more, and then selling it when I see I'm getting enough profit from it, I'm an investor, but if I'm buying Bitcoin or other cryptocurrencies, waiting for a few hours, a day or two, or even a week, and then sell them back to get some profit, I'm a trader.

I also believe that a trader, if successful, earns more than an investor because even if an investor can earn a lot of money in the long run, a trader can earn double that amount if they stay active and keep trading because even if you earn 2% a day from day trading, you will earn 730% a year approximately since there can be ups and down.

Yes it’s true, most of the people who get into trading do it to get rich quick. They don’t do it for the love of the markets. They watch Wall Street movies or go on Wall Street bets and see how some kids turned $1000 into $1,000,000 trading 0DTE options and they all want in.

Then they realize it’s not as easy as they read on the internet or watched on TV. They lose money and get frustrated and deposit more money and lose that also. Eventually they give up and find some other hobby. If trading was so easy then everybody would be doing it.

And in a few days Bitcoin will be halved. Today I saw the Bitcoin price going down with a corrections, last time I checked it was at $66k above.  It is becoming very difficult to predict how much of a correction Bitcoin will take. I think with the way bitcoin has been going this year and the bitcoin halving, if bitcoin's correction isn't too big, it could be possible for bitcoin to reach $100k. But I am optimistic that Bitcoin will cross $100k in the next bull season.

I'm sure not all traders will agree with me but some could possibly be on my side...

Here are the reasons why;
 1. It is quite stressful - old traders will soon give up due to mental health problems
 2. It is not enjoyable anymore - nobody will stay long in a job that they no longer find themselves comfortable with especially if you are not earning well.
      Most of the time we feel this during bear season.
 3. Trust issue due to Scam growth - traders never find it safe to use exchanges, even big exchanges.

Believe it or not, not all traders follow the steps or instructions in the picture, especially those new to trading, but they will eventually learn the truth by experiencing the hardship or losing in trading if they will actually continue trading even if they experience the loss on their first try at trading. 

Trading or day trading is not an easy thing because you will experience anxiety wherein you can't be comfortable because you know you have open trades, which may result in monitoring your open trade throughout the day, which could affect your decision. If traders will actually follow the steps or instructions in your picture, then maybe they can be a profitable trader, but of course it still depends on their knowledge and how they can make a good trade analysis. This kind of topic is discussed numerous times in this forum, but the thing is, if this kind of advice doesn't reach those traders that don't lurk here, then how can they know what they should do?

Will it be the existing altcoins or the new ones which will give more profits? I mean would you go with coins like SOL, INJ, ETH and BNB or some recent projects like JUP, BONK for upcoming bull run?

People usually prefer established coins due to stability and it's reputation, but ther are some of people who rather prefer new coins because the profit margins in new coins are higher than the established ones.

Which one would you prefer and please name the coins as well.

Similar issue of this nature is already playing out in the situation between Israel and Iran. BingX has been called out to be rendering some sort of support to the Iranians by allowing them carry out transaction which is aiding their terrorist actions, this obviously is against the rules by the regulatory bodies.

Their tokens tend to do well over time because they hold token burns and also reward the token holders with much reduced trading fees in their platforms. FTT was another toke that was so promising before the FTX collapse.
The only reason I fear them is that should anything happen to the native exchange, the token will dump so hard and sometimes may never recover at all.

Exchanges that tend to do well have more chances of releasing a token that could also exceptionally well.

Of course if there are more people or clients using that particular exchange, you can expect them to trust that exchange and by extension trust the token that they will release as well. Tokens have some advantages for those who use it and the exchange so their success goes hand in hand

This is superb news and a giant step towards making Bitcoin acceptable in more countries. I believe that with the integration of crypto payment systems, we'll have a more sophisticated financial infrastructure, as Grace Chen posited. The news about Lugano is just the tip of the iceberg, and we'll soon see crypto play a bigger role in daily payments. People like her are spearheading the adoption of Web3 and crypto through various initiatives, and this news from Lugano is sure to fuel the passion for continued adoption."

There are many memecoins what already exist in crypto market and new memecoins are keep launching in the market. Most of these are scam, yesterday i saw a coin that pumped 32000% and today it dumped from pick and lost 99% value. but some memecoins made people millionaires and Still available in market. I heard About Dogwifhat (WIF) what makes people millionaire who invested some dollars with it and available on binance. What do you think about rest of memecoin? Which one has possibility to perform best in 2024.
Doge,  Shiba Inu,  Pepe,  Meme,  Bonk,  Floki, WIF,  Grok, or any other name

Since both platforms are not the same, so is there rules, binance may have reduced their APR payment percentage while the other exchange still mentain same old percentage payment,  sometimes those rule that are in their term and conditions give them some right to reduce the payme to without consulting or information the investors who have staked they money.

Any ways you can decide to endur till the end of the staking period a d there after move you money to the other exchange that have higher payments.

Just out of curiosity， I went to the official website of Ethereum and found that the annual interest rate is only 3.3%.

Hello there, and Merry Christmas to everyone!

First of all, I'd like to state that I'm in no way affiliated with Binance, nor am I a large fan of centralized exchanges. I keep the majority of my funds, especially Bitcoin, off exchanges for the known reasons that have been discussed on the forum multiple times, and I'm not going to repeat them again, except for some stablecoins, which aren't a huge amount but still a decent sum of money. So, without further ado, let's return to the subject.

I've been participating in Binance's Launchpool since late July, with the first project that I staked, the coin Pendle. I didn't stake for the whole 30 days it was available in order to have the full picture, but it wasn't worth staking my coins there rather than on a different platform. All other options after that, SEI, Cyber, MEME, Neutron, with the last one being Fusionist (ACE), yielded great results, especially the last one, in which I regret participating only for a day or two.

So far, I've had great returns. Keep in mind that I acknowledge that most of the coins being listed there have no actual purpose, nor do I have faith in them, nor are they to be held for long-term purposes; they're simply pumped due to Binance's intervention, and I'm taking advantage of that. Currently, another coin, NFPrompt, is listed, shortly after ACE was discontinued, and another one was announced today.

I personally believe that if these projects are taken advantage of through Launchpool, it's basically risk-free money. The only thing you're risking is the opportunity cost of the money you're putting into staking.

What are your thoughts? Have you ever tried it before, and if yes, do you believe it's worth a try?