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Bitcoin and Ethereum: differences, uses, and why they are so famous
This is Crypto for beginners
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Bitcoin and Ethereum: differences, uses, and why they are so famous
When it comes to cryptocurrencies, Bitcoin and Ethereum are the rockstars of the stage. Although they share the fame and glamour of the blockchain world, they have very different styles. Let's explain it to you straightforwardly and without boring tangents.
Bitcoin: the cool grandpa of crypto
It was born in 2009, a mysterious work of Satoshi Nakamoto (who remains more mysterious than the ending of a bad series). Bitcoin wants to be pure digital money: sending and receiving payments without banks, without governments, and without your gossiping aunt giving her opinion. It is called 'digital gold' because, like gold, it is scarce: only 21 million will ever exist. That's why many buy it to keep it under the digital mattress and boast in meetings that they are 'protected against inflation.'
by
Bitcoin and Ethereum: differences, uses, and why they are so famous
When it comes to cryptocurrencies, Bitcoin and Ethereum are the rockstars of the stage. Although they share the fame and glamour of the blockchain world, they have very different styles. Let's explain it to you straightforwardly and without boring tangents.
Bitcoin: the cool grandpa of crypto
It was born in 2009, a mysterious work of Satoshi Nakamoto (who remains more mysterious than the ending of a bad series). Bitcoin wants to be pure digital money: sending and receiving payments without banks, without governments, and without your gossiping aunt giving her opinion. It is called 'digital gold' because, like gold, it is scarce: only 21 million will ever exist. That's why many buy it to keep it under the digital mattress and boast in meetings that they are 'protected against inflation.'
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๐จ What is FOMO in crypto and how to avoid it?
FOMO (Fear of Missing Out) is the fear of missing out on an opportunityโฆ
And in crypto, itโs a silent enemy! ๐ง
๐ฅ Common example: you see a coin increase by 200% in a day and decide to buy without researchingโฆ
๐ Result: you enter at the peak and then the price drops.
๐ How to avoid it?
โ Have an investment strategy.
โ Research before buying.
โ Donโt invest out of emotion or pressure.
โ Remember: a smart entry is better than a quick entry.
๐ In crypto, patience and analysis beat impulse.
๐ฌ Have you ever bought out of FOMO? Share it in the comments and letโs learn together ๐
#CriptoParaPrincipiante s #FOMOalert #InversionInteligente #BinanceFeed
FOMO (Fear of Missing Out) is the fear of missing out on an opportunityโฆ
And in crypto, itโs a silent enemy! ๐ง
๐ฅ Common example: you see a coin increase by 200% in a day and decide to buy without researchingโฆ
๐ Result: you enter at the peak and then the price drops.
๐ How to avoid it?
โ Have an investment strategy.
โ Research before buying.
โ Donโt invest out of emotion or pressure.
โ Remember: a smart entry is better than a quick entry.
๐ In crypto, patience and analysis beat impulse.
๐ฌ Have you ever bought out of FOMO? Share it in the comments and letโs learn together ๐
#CriptoParaPrincipiante s #FOMOalert #InversionInteligente #BinanceFeed
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๐งต Thread 26 โ How to detect false breakouts of support or resistance before entering Binance โ ๏ธ
Many traders fall into the trap of a false "breakout" and buy just before the price plummets. Today you'll learn how to avoid them.
๐
โธป
๐น 1. What is a false breakout?
It's when the price seems to break a support or resistanceโฆ but doesn't confirm it and goes back, trapping those who entered incorrectly.
๐ Very common at key levels without confirmation.
โธป
๐น 2. Characteristics of a false breakout:
โ Long wicks
โ Low volume on the breakout
โ No firm close outside the level
โ Immediate rejection in the following candles
โธป
๐น 3. Use higher timeframes
You're in 15 min โ confirm in 1h or 4h
If one candle breaks but the next doesn't confirm: likely a trap ๐ชค
โธป
๐น 4. Volume = key
If the price breaks but without an increase in volume, be cautious.
๐ Real breakout = with strength and conviction.
โธป
๐น 5. How to act correctly?
๐ก Wait:
โ Clear close outside the level
โ Strong volume
โ Retest with rejection = ideal entry
โธป
๐น 6. Bonus with Fibonacci
If a breakout coincides with an important Fibonacci level but without confirmation or volume:
๐ซ Probably false.
โ Wait for pullback + rejection to enter.
โธป
๐ฏ Conclusion
Avoiding entry into false breakouts saves you losses and gives you better trades.
Confirm, wait, enter logically, not emotionally ๐ง
โธป
๐ Tomorrow: How to use RSI along with Fibonacci to improve your entries and exits ๐ฏ
โธป
#Binance #CryptoTrading #Fibonacci #Support #Resistance #TechnicalAnalysis #Cryptocurrencies #CryptoTips #BinanceSpanish #CryptoTrading #CryptoEducation #FinancialEducation #RSI #FalseBreakout #BTC #ETH #BNB #Cardano
#CriptoParaPrincipiante
Many traders fall into the trap of a false "breakout" and buy just before the price plummets. Today you'll learn how to avoid them.
๐
โธป
๐น 1. What is a false breakout?
It's when the price seems to break a support or resistanceโฆ but doesn't confirm it and goes back, trapping those who entered incorrectly.
๐ Very common at key levels without confirmation.
โธป
๐น 2. Characteristics of a false breakout:
โ Long wicks
โ Low volume on the breakout
โ No firm close outside the level
โ Immediate rejection in the following candles
โธป
๐น 3. Use higher timeframes
You're in 15 min โ confirm in 1h or 4h
If one candle breaks but the next doesn't confirm: likely a trap ๐ชค
โธป
๐น 4. Volume = key
If the price breaks but without an increase in volume, be cautious.
๐ Real breakout = with strength and conviction.
โธป
๐น 5. How to act correctly?
๐ก Wait:
โ Clear close outside the level
โ Strong volume
โ Retest with rejection = ideal entry
โธป
๐น 6. Bonus with Fibonacci
If a breakout coincides with an important Fibonacci level but without confirmation or volume:
๐ซ Probably false.
โ Wait for pullback + rejection to enter.
โธป
๐ฏ Conclusion
Avoiding entry into false breakouts saves you losses and gives you better trades.
Confirm, wait, enter logically, not emotionally ๐ง
โธป
๐ Tomorrow: How to use RSI along with Fibonacci to improve your entries and exits ๐ฏ
โธป
#Binance #CryptoTrading #Fibonacci #Support #Resistance #TechnicalAnalysis #Cryptocurrencies #CryptoTips #BinanceSpanish #CryptoTrading #CryptoEducation #FinancialEducation #RSI #FalseBreakout #BTC #ETH #BNB #Cardano
#CriptoParaPrincipiante
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Look what happened to Aakansh... and it happens to all of us.
โจ Look what happened to Aakansh... and it happens to all of us.
After sweating cold, fighting with the universe, and recovering his money, he let out the classic: "I quit, I will never come back."
Uh-huhโฆ until the next green candle winks at him and he falls again. ๐คทโโ๏ธ
๐ก If you're going to come back (because yes, you'll probably come back), do it with style and a little bit of sense:
โ Invest only what you can bury without crying.
If you can't sleep thinking about that position, you invested too much. Let go of the drama.
After sweating cold, fighting with the universe, and recovering his money, he let out the classic: "I quit, I will never come back."
Uh-huhโฆ until the next green candle winks at him and he falls again. ๐คทโโ๏ธ
๐ก If you're going to come back (because yes, you'll probably come back), do it with style and a little bit of sense:
โ Invest only what you can bury without crying.
If you can't sleep thinking about that position, you invested too much. Let go of the drama.
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Goodbye to FUN, Hello HMSTR: What if your intuition was also your best indicator?
Crypto for Beginners
by CryptoLoba
Today I tell you something that perhaps has also happened to you...
I was watching how FUN was slowly crashing, and while many clung on with hope, my wolf instinct โthe one that isn't learned in tutorialsโ screamed at me:
"Get off the roof before it collapses!" ๐ง ๐บ
And that's how it was. I sold FUN just in time and jumped straight into a coin that many ignore...
HMSTR. Yes, the one with the hamster.
The Telegram mascot. The one from the game.
The one that โwithout anyone noticingโ was already rising more than 40% ๐
by CryptoLoba
Today I tell you something that perhaps has also happened to you...
I was watching how FUN was slowly crashing, and while many clung on with hope, my wolf instinct โthe one that isn't learned in tutorialsโ screamed at me:
"Get off the roof before it collapses!" ๐ง ๐บ
And that's how it was. I sold FUN just in time and jumped straight into a coin that many ignore...
HMSTR. Yes, the one with the hamster.
The Telegram mascot. The one from the game.
The one that โwithout anyone noticingโ was already rising more than 40% ๐
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๐ Day 2 โ The basics, but not so basic
It is already July 2.
I didn't wait for the perfect course, nor for a Monday to arrive, nor for everything to be "ready."
I started with what I have: time, curiosity, willingness.
Today I focused on understanding the basics of cryptocurrencies, that which many take for granted but is not always well explained.
What I learned was:
1. Cryptocurrencies are not just currencies.
They are projects, ideas, communities, and in some cases, technologies that try to change how we use money and data.
2. Bitcoin is not a company.
No one is in charge. There is no CEO. It is a decentralized network that operates by consensus among the nodes that compose it.
I didn't wait for the perfect course, nor for a Monday to arrive, nor for everything to be "ready."
I started with what I have: time, curiosity, willingness.
Today I focused on understanding the basics of cryptocurrencies, that which many take for granted but is not always well explained.
What I learned was:
1. Cryptocurrencies are not just currencies.
They are projects, ideas, communities, and in some cases, technologies that try to change how we use money and data.
2. Bitcoin is not a company.
No one is in charge. There is no CEO. It is a decentralized network that operates by consensus among the nodes that compose it.
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Day 3 โ Cryptocurrencies: understanding the basics before chasing the price
It's 11 AM on July 3rd.
Today I'm not here to show results or charts, because I still don't have them.
I'm here to share what I'm learning and what I need to know before touching an app like Binance.
๐ง What I learned today (and that seems simple, but it isn't):
1. You don't need to be a trader to be in crypto.
Many people believe that if you don't do technical analysis or understand candles, you can't participate.
The truth: you can learn to invest, use a wallet, or save in crypto without trading.
Today I'm not here to show results or charts, because I still don't have them.
I'm here to share what I'm learning and what I need to know before touching an app like Binance.
๐ง What I learned today (and that seems simple, but it isn't):
1. You don't need to be a trader to be in crypto.
Many people believe that if you don't do technical analysis or understand candles, you can't participate.
The truth: you can learn to invest, use a wallet, or save in crypto without trading.
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10 fundamental rules if you are new to crypto
๐ New to crypto? Learn this and you'll be years ahead of the rest
You don't need to be an expert or know how to analyze charts all day.
๐ก 10 simple rules to avoid stress in the crypto world:
๐ธ 1. Did the crypto drop for several days in a row?
Don't panic. Many times, after several drops, a rebound comes. Observe and wait for the right moment.
๐ธ 2. Did it rise for 2 consecutive days?
Be careful. Sometimes a pause or retracement comes. If you already have profits, you might sell a part.
You don't need to be an expert or know how to analyze charts all day.
๐ก 10 simple rules to avoid stress in the crypto world:
๐ธ 1. Did the crypto drop for several days in a row?
Don't panic. Many times, after several drops, a rebound comes. Observe and wait for the right moment.
๐ธ 2. Did it rise for 2 consecutive days?
Be careful. Sometimes a pause or retracement comes. If you already have profits, you might sell a part.
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This would have saved me money from day one on Binance...
When I started on Binance, I had no idea how the fees worked. I just saw that every time I made a purchase or sale, they deducted something... and I didn't understand why.
One day, while researching, I discovered that if I activated an option to pay the fees with BNB (the Binance token), I would get a discount on each transaction.
Since then, that is the first thing I do when I create an account or help someone get started.
My advice for today:
Go to your account > settings > and activate the option "Use BNB to pay fees."
Believe me, that saves you more than you think, especially if you make a lot of trades.
Did you already know this?
Tell me if you want more tips like this, I'm also learning every day and I love sharing what works for me.
#Binance #CriptoParaPrincipiante #EscriboYAprendo #CryptoLatam
When I started on Binance, I had no idea how the fees worked. I just saw that every time I made a purchase or sale, they deducted something... and I didn't understand why.
One day, while researching, I discovered that if I activated an option to pay the fees with BNB (the Binance token), I would get a discount on each transaction.
Since then, that is the first thing I do when I create an account or help someone get started.
My advice for today:
Go to your account > settings > and activate the option "Use BNB to pay fees."
Believe me, that saves you more than you think, especially if you make a lot of trades.
Did you already know this?
Tell me if you want more tips like this, I'm also learning every day and I love sharing what works for me.
#Binance #CriptoParaPrincipiante #EscriboYAprendo #CryptoLatam
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What would I do if I only had $100 to invest in crypto today? ๐ฐ
> My approach would be this:
๐น 40% $BTC
๐น 30% $ETH
๐น 20% in a strong altcoin ($SOL or $MATIC)
๐น 10% to explore a microcap
How would you distribute it?
#CriptoParaPrincipiante #estrategia
> My approach would be this:
๐น 40% $BTC
๐น 30% $ETH
๐น 20% in a strong altcoin ($SOL or $MATIC)
๐น 10% to explore a microcap
How would you distribute it?
#CriptoParaPrincipiante #estrategia
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๐ง Binance Guide for Beginners: Understand Wallets and Start Trading Safely
If you are starting in the crypto world and opened your account on Binance, you have probably seen that there are several wallets within the platform... and it can seem confusing. Donโt worry, here I explain each one simply and with tips to take advantage of them!
๐ Types of wallets in Binance and what they are for:
1๏ธโฃ Funds
๐ฅ It is where you receive cryptos (by deposits or P2P).
๐ค You can also send to other wallets inside or outside Binance from here.
๐ฌ Use it when buying in P2P or when you want to move funds between platforms.
๐ Types of wallets in Binance and what they are for:
1๏ธโฃ Funds
๐ฅ It is where you receive cryptos (by deposits or P2P).
๐ค You can also send to other wallets inside or outside Binance from here.
๐ฌ Use it when buying in P2P or when you want to move funds between platforms.
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๐ช 1. On Binance: simple and low-cost cryptocurrencies
According to the official Binance blog, these beginner-friendly cryptos are available and have good potential due to their low price and real utility:
VeChain (VET) โ <โฏ0.05โฏUSD, used in logistics and has partners like Walmart China.
Stellar Lumens (XLM) โ <โฏ0.15โฏUSD, ideal for affordable international payments.
Render (RNDR) โ ~โฏ3โ4โฏUSD, connects decentralized GPUs with sectors like AI and the metaverse.
Arbitrum (ARB) โ <โฏ2โฏUSD, enhances Ethereum by offering faster and cheaper transactions.
Floki (FLOKI) โ fractions of a cent, community project with a DeFi/metaverse platform.
#Write2Earn #CriptoParaPrincipiante #MotivacionCripto #CripTips
#CriptoLoba
According to the official Binance blog, these beginner-friendly cryptos are available and have good potential due to their low price and real utility:
VeChain (VET) โ <โฏ0.05โฏUSD, used in logistics and has partners like Walmart China.
Stellar Lumens (XLM) โ <โฏ0.15โฏUSD, ideal for affordable international payments.
Render (RNDR) โ ~โฏ3โ4โฏUSD, connects decentralized GPUs with sectors like AI and the metaverse.
Arbitrum (ARB) โ <โฏ2โฏUSD, enhances Ethereum by offering faster and cheaper transactions.
Floki (FLOKI) โ fractions of a cent, community project with a DeFi/metaverse platform.
#Write2Earn #CriptoParaPrincipiante #MotivacionCripto #CripTips
#CriptoLoba
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