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ErnestAcademy
ErnestAcademy
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Why You Lose Money Trading Crypto (Part 1) There are several reasons why crypto traders, especially newbies, lose a lot of money trading crypto, and in this post, I will be discussing some of these reasons. Crypto trading is still very rewarding when done properly. The main reason why many traders lose money and call crypto trading a scam is  "lack of adequate knowledge" of the industry. Having adequate knowledge of the crypto industry before you start trading gives you the opportunity to understand market dynamics, trends, and risk factors, which allows you to make informed decisions and manage your risk effectively. Furthermore, it helps you know how to securely store and manage your cryptocurrency assets. Most traders are in a haste to make money, thereby bypassing all the essential processes of becoming a good and profitable trader. We will be discussing other reasons why you continuously lose money in the market instead of profiting from this amazing industry. Stay tuned, and you can appreciate our work by sending a "TIP." Did you undergo a proper learning process before you started trading? What's your experience with crypto trading so far? #crypto

about 1 hour ago
The Daily Hodl
The Daily Hodl
Coinbase Secures Approval To Offer Pepertual Futures Crypto Trading to Non-US Customers - The Daily Hodl
about 2 hours ago
Crypto_Jobs
Crypto_Jobs
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Chart request 📊 Token: $PEOPLE Bullish 📈 📌Double bottom daily ✅ 📌Bullish reversal structure ✅ 📌Nice downtrend breakout ✅ 📌H4 breakout confirmation & strong uptrend✅ Key resistance daily: 0.1000$ (magnet level) ==> 5 - 6% pump should be see in the short term. Higher key resistance : 0.1240 - 0.1280$ zone Be carefull, a possible retest of the trend is possible. (market manipulation). The price is still moving into the neutral zone daily. 🚨 SPOT or low leverage = high probability of gains within few days. Avoid the market noise. #people #trading #crypto #Binance #BTC

about 5 hours ago
0x
0xkyle
CryptoManiac007
CryptoManiac007
followers

CEFI VS DEFI :- let’s end the debate 🚀🚀 So there is always a debate going on which is best cefi or defi ? So in this post we will look into positives as well as drawbacks of Both so that you can yourself decide which is best Let’s start with The defination CeFi or centralized finance is a concept that has been in the use for many years in this a centeralised agency such as bank facilities any kind of transaction that you perform and also holds custody over your money. Same with Centeralized exchanges they are just like traditional Stock market exchanges Your exchange helds your funds and helps you in trading and use other crypto features Positivies :- 1. Your funds are more safer here . 2. features such as simple crypto transfer 3. More ways to purchase crypto 4. only genuine cryptos are listed. 5. Easier to use Negatives :- 1. Risk from any regularity actions 2. Your funds are not in your hands DeFi - Decentralized finance is much newer then Cefi . In this transactions happen between Peer to peer and there Are no mediators just like buying and selling anything from a buyer for money in form of crypto , cash :) Dex are based on decentralized mechanism and people get total control over there funds. They can buy or sell Even after being anonymous. Dex is like wallets , Decentalized exchanges Features :- 1. control over funds 2. You can trade even being anonymous 3. More profits as u have to pay lesser fees 4. Peer to peer transactions negatives :- 1. lesser security as compared to cex 2. Even scam projects are there 3. Lesser features as compared to cex 4. Hard to understand and use So here we have given a complete breakdown on Dex vs Cex , And please tell us in comments whixh one do you like 😊 #DeFiCeFi

about 4 hours ago
Crypto_Awad
Crypto_Awad
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SHIB price prediction for Halloween 2023 ♨️ Posted on September 28, 2023 With the month of September almost over Halloween enthusiasts have already started picking out decorations for the scariest holiday of the year, but cryptocurrency traders have other things on their minds such as predictions of the future price of Shiba Inu SHIB As it happens, the largest part of the crypto market is back in the sideways trading mode, and Shiba Inu is no exception. However, machine learning (ML) algorithms indicate a strong chance for the meme crypto asset to be trading at a slightly lower price than at press time, September 28. What machine algorithms say Indeed, the self-learning machine algorithm used by the cryptocurrency tracking platform CoinCodex suggests that SHIB could reduce its price by 1.62% by October 31, 2023, from its current situation, which means it would end up trading at the price of $0.000007133 on the holiday of Halloween.Ghosts of Halloween past In terms of SHIB price during past Halloweens since its launch in 2020, the situation is as variable as they come, so it is not easy to draw any clear conclusions from these chart patterns. Specifically, Shiba Inu was trading at a mere $0.000000000168 on Halloween 2020. During the particularly bullish Halloween of 2021, it skyrocketed a whopping 38,934,400% to $0.00006541, only to drop again the year later and trade at $0.00001194 on October 31, 2022, down 81.75% from the year before, as the historical information indicatesSHIB price analysis Meanwhile, Shiba Inu was at press time changing hands at the price of $0.0000072503, which represents an increase of 0.38% in the last 24 hours but still a decline of 1.54% across the previous seven days and a 10.55% drop on its monthly chart, as per the latest data on September 28.All things considered, whether SHIB meets the predictions of machine algorithms or changes the tune this Halloween will depend on many factors, the most influential being the performance of the recently launched layer 2 blockchain Shibarium, which has already attracted massive attention. $SHIB

about 5 hours ago
ErnestAcademy
ErnestAcademy
followers

Are you holding DeFi coins? What the Future Holds for Decentralised Finance (DeFi) Decentralised finance is one sector of cryptocurrency that has a lot of potential but has not been fully harnessed. DeFi is expected to gain more significant traction as more people and institutions understand its benefits. One might be asking, What's Defi? Decentralised Finance (DeFi) are financial services and applications that are built on blockchain technology, which aims to recreate and enhance traditional financial systems, such as banking, lending, borrowing, trading, and asset management, in a decentralised and permissionless manner. What's the future of DeFi? 1. Security: With the advancement in blockchain technology in the near future, DeFi applications will strengthen the security features of the crypto industry, making them resistant to fraud and hacking when implemented correctly. 2. Interoperability: Currently, most chains lack interoperability; one can't easily interact between two blockchains without undergoing a rigorous process and paying a high transaction fee, but many DeFi projects are designed to work together, allowing users to leverage multiple DeFi applications in a seamless manner. Decentralised finance will enable interoperability in the crypto industry. The future of DeFi looks even more promising, but not without challenges. How we handle these challenges will determine the outcome. #DeFiChallenge #FutureofDeFi

about 6 hours ago

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