Using techniques that allow you to have safe entries and exits is very important in trading, so we don't act as if we were at the beach and have to improvise to avoid being harmed by a wave.
I have been testing scalping with very little margin using the Fibonacci sequence and it is a good technique for that type of trade. I recommend watching theories, then watching videos and doing tests so that we don't jump into any wave but rather enjoy the one that suits us best. $TRADOOR #ScalpingTrading
Fibonacci trading is a technical analysis technique that uses the mathematical Fibonacci sequence to predict key support/resistance and price reversal points in an asset, identifying levels such as 38.2%, 50%, and 61.8% where the price could correct or continue a trend, helping traders to define entry, exit, and stop-loss points more accurately in bullish or bearish movements, based on price impulses and retracements. Key Concepts Fibonacci Sequence: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55... where each number is the sum of the two preceding ones.
It seems that many people come to this type of platform and want to make money without investing a minimum of capital. Yes, it is possible to generate profits in #Binance , but some profits are blocked, others are small amounts; to generate good income we must invest capital as our possibilities allow, carefully testing the different options that the platform presents to multiply the capital. It is always important to keep in mind that overnight the capital will not grow by magic; consistency, dedication, and spending time to acquire knowledge are what can guarantee success. $TRADOOR
Leverage on #Binance allows you to trade with more capital than you possess, multiplying gains (and also losses). It is adjusted on futures and margin platforms, allowing you to trade with amounts like 3x, 5x, or 10x, for example. It is crucial to manage risk, as an adverse market movement can lead to the loss of the invested capital if not handled properly.
Functioning
Capital multiplication:
If you have $10 and use a leverage of 10𝑥, you can trade with $100. This means that a 1% gain on the trade turns into a 10% gain on your initial capital.
Loss multiplication:
Similarly, losses are also amplified. If the market moves against you, losses can quickly exceed your initial investment.
Interest rate:
When borrowing capital, you incur an interest rate that accumulates hourly and is calculated on the borrowed amount.
In conclusion, leverage is a financial tool that, when well managed, helps us multiply income. We must always take into account the risk that is also generated by using it to maintain balance and thus achieve the desired results. #BinanceBlockchainWeek $TRADOOR
$TRADOOR This money had significant fluctuations yesterday, doubling its value from $6.6 but also the decline was rapid and fell to $2. There were signs of opportunities but it also surprised many, a very active day with trading. #signalfutures
$TRADOOR is excellent for learning about charts and the order book. And in the meantime, I await the movement with which I will exit the position. I won't be surprised if it exceeds 4 $USDT today
$IRYS Why make posts on Square? write to earn is made for #Binance so you can generate earnings by writing, making articles, posting videos and those earnings will be deposited directly into your Funds account. Get excited and start making posts so you can generate extra income. You just have to go to the markets option - square and tap the plus that appears there. Don't miss that great opportunity, start now.
$BTC Today the map is red, the trend is downward. Every change is an opportunity; this type of market is an opportunity to buy or also to make short entries. Always look at the big picture and find the positive side because it will always have one; "if life gives you lemons, learn to make lemonade" #BTC
Bitcoin (BTC) remains around US$ 84,000, in a scenario of strong volatility after having fallen more than 30% from its peak in early October. The market shows greater selling pressure, influenced by macroeconomic factors such as employment data in the United States and the restrictive tone of central banks.
🔎Key technical levels • Support: US$ 80,000 – 85,000 • Resistance: US$ 90,000 – 100,000 ⚠️A drop below US$ 80,000 could accelerate new lows.
$SOL #Binance has a wide range of options for you to operate and generate profits. If you are new, start with earn, which will generate daily interest on the capital you subscribe to, and you can capitalize those interests. The next step would be to buy in spot, which is a low-risk investment; there you buy the currencies you deem appropriate, and the price of that currency can vary, affecting your balance. The futures option is much riskier; you need more knowledge and expertise to operate there. You can make profits very quickly, but it's also the same pace as the losses if you don't apply the right focus to the strategies used. There are other options, but you must always keep in mind that you need to seek the necessary knowledge to have more security in the steps you take within the platform. #BinancehodlerSOMI $BTC
$MMT #Binance gives us the opportunity to acquire knowledge through #BinanceAcademy . There we can find learn and earn, courses, and different articles that help us immerse ourselves in the world of cryptocurrencies; it is worth taking advantage of those free and even rewarded opportunities that the platform offers us, in order to succeed in the development of the operations carried out in the market. #Binanceholdermmt
Guessing the daily word is a way to earn rewards, exercise the mind, and learn because the word is always related to a specific topic. Don't miss it $ZEC #BTCVolatility
$ZEC I see that many people start trading without any knowledge; it is very important to educate oneself before making any operation because if not done, one can incur losses. It is important to take many factors into account before making any operation, and that can only be achieved by researching, watching videos, and trying to learn in whatever way you have at hand. The desire to make money alone does not lead to success; it must be backed by the acquisition of knowledge. #MarketPullback