The three most important fundamentals in cryptocurrencies: First: Understanding blockchain technology. This technology is the backbone of cryptocurrencies, functioning as a distributed ledger that ensures transparency and prevents manipulation. Second: Knowing the difference between types of currencies. There are currencies used as a means of payment, and others are projects with specific uses such as smart contracts or value storage, so understanding the function of each currency helps you choose the best. Third: Security. Keeping your private keys safe, using trusted wallets, and enabling two-factor authentication are all essential steps to protect your funds from hacking or loss. #تعلم_التداول #العملات_الرقمية $XRP $SOL
Despite the recent fluctuations in the market, Ethereum is still attracting very large players in the market! 👀 The whale "0xe5c" bought 36,445 ETH worth 114.5 million dollars at a price of $3,154 today. Since November 2, this whale has: • Accumulated 488,217 ETH (approximately 1.7 billion dollars — of which 505 million dollars is a loan from Aave) from Binance at an average of $3,478.5. Also, an entity known as "7 Siblings" added 2,450 ETH (approximately 7.76 million dollars) at a price of $3,167 today. Since November 4: • Collected 44,246 ETH worth 153.8 million dollars at an average of 3,475 #تداول_العملات_المشفرة $ETH $XRP
To emphasize a point I mentioned earlier: What happened with the rapid decline in currencies on October 10 was the last page in the book of decline. In the past few days, currencies were under the sedation of events in the market only. Once the currencies awaken, we will begin the strongest currency season in the history of the market in the coming weeks and months.. #ساحة_باينانس $BTC $ETH
The three most important books in the field of trading that I recommend to any trader who wants to develop their knowledge and skills: Trading for a Living – Alexander Elder: focuses on the psychology of trading (dealing with emotions), money management, and trading systems. Trend Following – Michael Covel: explains the "trend following" strategy and how profits can be made from rising and falling markets. Wikipedia The Complete TurtleTrader – Michael Covel: tells the story of a group of traders (the "turtles") and how they were trained to become successful traders, with lessons on discipline and risk management.
Three steps to make you a professional trader: The first step is to learn how to read the market instead of relying on luck. Understanding trends and support and resistance levels gives you a clearer picture before opening any trade. The second step is to stick to a consistent trading plan. A professional trader does not enter the market randomly, but knows when to enter and when to exit. The third step is discipline. Controlling emotions and avoiding anxiety and greed is what distinguishes the professional from the beginner. When you stick to the plan and act rationally, your performance becomes more consistent and successful. #تعلم_التداول #BinanceSquare #CryptoTrading #TradingSkills s
Three Steps to Avoid Fraud on the Binance Platform: The first step is not to deal with anyone who asks you to send money outside the platform, whether via wallet or link. Binance does not ask you to transfer to an unknown person. The second step is not to share the verification code or passwords with anyone, no matter who they are. Real Binance support does not ask you for this information, and any request for it means an attempt to hack. The third step is to verify links before logging in. Use the official app or the known website, and do not click on links that come to you in groups or private messages as they are often fake pages. #تعلم_التداول #الأمان_الرقمي #BinanceSquare
The 3 most dangerous types of trading that beginners should avoid: The most dangerous type is trading futures with high leverage. This type can multiply your profits, but it can also wipe out your entire account in minutes if the market moves against you. The second type is options trading, as it requires a deep understanding of pricing, time, and volatility, and any small mistake can lead to a complete loss of the contract. The third type is very fast trading like scalping, because it relies on instant reaction and high speed, and requires significant experience in reading the market's immediate movement. Beginners should start with the less risky types before entering these areas. #تعلم_التداول #العملات_الرقمية
The 3 most important principles in money management and risk tolerance: The first principle is not to risk a large percentage of your capital on a single trade. Make the trade size appropriate for your portfolio size so that a single loss does not affect your entire account. The second principle is to commit to a stop-loss. Do not leave the trade open hoping it will come back. Set a loss limit before you start, and stick to it no matter how you feel. The third principle is to diversify risk. Do not put all your funds into a single currency or type of trading. Diversification protects your account from market fluctuations and makes your performance more stable. #تعلم_التداول #إدارة_المخاطر #RiskManagement
The top 3 things to focus on in futures trading: The first thing is to determine the loss you can afford and use low leverage so that your position doesn't get liquidated quickly. The second thing is to choose the right timing for entry and exit. Random entry is the fastest way to lose, so wait for a clear signal, set a target, and stop loss before opening the trade. The third thing is to control your emotions. Fear and greed are the biggest enemies of traders, so stick to your plan and don't chase the market, and don't try to recover losses with reckless trades. #تعلم_التداول #العقود_الآجلة #CryptoEducation $ETH
How to make futures trading safe if your capital is small: If you have limited capital, the best step is to minimize risk as much as possible. Use low leverage so you don't get liquidated quickly, and choose a position size that fits your balance instead of entering the whole amount at once. It's also important to set a clear stop-loss before opening any position to avoid rapid collapse if the market moves against you. Focus on short-term trades, and avoid trading during strong news as it can cause unpredictable movements. Don't enter a trade just because it looks profitable. Wait for a clear signal and enter with an amount you can afford to lose without impacting your entire portfolio. Small capital can grow, but only with risk management and not over-leveraging. #تعلم_التداول #العملات_الرقمية #MarketPullback #RiskManagement
Pros and cons of trading futures: Pros: It gives you the ability to profit in both rising and falling markets, as you can easily open buy or sell positions. It also provides leverage that allows you to enter with amounts larger than your actual capital, which gives higher opportunities for quick profit. Cons: The risks are also higher. The leverage that amplifies profit can also amplify losses, and you may be subject to liquidation if the market unexpectedly moves against you. Additionally, trading in this market requires discipline and experience in risk management because the fluctuations can be strong and fast.
Pros and cons of copy trading: Pros: It saves learning time, helps you see how professionals manage their trades, and gives you the opportunity to achieve similar profits to their performance without continuous analysis. Cons: The main drawback is that you rely completely on the trader you are subscribing to, and if they fail or change their style, your capital may decrease with them. Additionally, the past performance of the trader does not guarantee any future results, and their style may not match your risk tolerance. Copy trading is useful for learning and quick access, but it requires monitoring and careful selection of the trader. #تعلم_التداول #العملات_الرقمية #تداول_النسخ
The difference between bot trading and portfolio trading: Bot trading relies on a robot that automatically executes trades based on predefined algorithms and strategies. Your role is only to choose the strategy, and then it opens and closes trades on your behalf. This type is suitable for rapid fluctuations and for those who want continuous activity in the market. On the other hand, portfolio trading is a method for quiet long-term investment. You choose a ready-made portfolio or an index that includes several currencies, and your capital is distributed among them to reduce risks and achieve gradual growth. There are not as many trades as with bots, and the focus is more on stability than daily movement. Bots are for active and fast trading, while portfolios are for quiet long-term investment. #تعلم_التداول #العملات_الرقمية $BTC
The difference between spot trading and futures trading: Spot trading is the simplest type of trading. You buy the currency and own it directly in your wallet, and your profit or loss moves according to its price in the market only. There is no leverage or liquidation, and everything depends on the actual price of the asset (slow profit and not suitable for small capital but safe). On the other hand, futures trading is trading on the price of the currency without actually owning it. You can use leverage and participate in buying or selling deals, which gives greater opportunities but with higher risks. In futures, you can be subjected to liquidation if the market moves strongly against you (relatively faster profit but carries a high risk percentage). Follow to learn something new every day. #تعلم_التداول #العملات_الرقمية #SpotTrading $BTC
The difference between cross margin and isolated margin: In Binance, the type of margin you choose can determine your risk level. Cross margin means that your entire balance in the trading account is considered collateral for the trade, so if the market moves against you, the rest of your funds in the futures trading account may be affected because the balance is shared among all. On the other hand, isolated margin separates each trade from the others. The amount you put into the trade is only what you can lose, and no additional funds are withdrawn from your balance. This makes it a safer option for beginners (the funds from the trade are liquidated without liquidating your account funds). Cross margin is suitable for those who know how to manage risk well, while isolated margin is suitable for those who want to protect their balance from significant losses. Follow to learn something new every day #تعلم_التداول #العملات_الرقمية $BTC
Simple Earn: It is a service that provides an easy way to increase your balance of digital currencies without trading. The idea is simple: you deposit your currency into the product, and in return, you receive a fixed or variable return depending on the type of plan. There are two main types Flexible: You can withdraw at any time. The return is low but suitable for beginners and those who want permanent liquidity. Locked: The currency is tied for a specific period, such as 30 or 60 days. It offers a higher return, but it prevents you from withdrawing before the period ends.
Spot trading Buying and selling cryptocurrencies directly and taking immediate ownership of assets. (Binance Academy) Margin trading Using a loan from the platform to increase the size of the trade, which provides leverage but comes with greater risks. (CoinMarketCap) Futures contracts Trading contracts that represent the price of an asset in the future, with the possibility of using high leverage. (Arbahy)
The difference between hot wallets and cold wallets
Hot wallet (online wallet): An internet-connected wallet like a mobile app or browser, easy and quick, but less secure because it is online. Cold wallet (stored currencies in an external device): A wallet not connected to the internet, often a small device resembling a USB, providing a higher level of security because it is away from hacking, but less convenient for daily use.
The difference between "the wallet" and "the platform"
The platform: a place to buy and sell cryptocurrencies, like Binance. While trading, your money is under the management of the platform. The wallet: a place to securely store cryptocurrencies, giving you full control over your funds. It can be hot online or cold offline. The platform is for trading and investing money, and the wallet is for secure storage.