#TipsTradingFutures Exchanges have turned copy trading into a social network by allowing traders to create profiles and connect with other people. You can chat with traders, share ideas, discuss trading setups and see their daily, weekly, monthly and yearly performance.
Once you follow someone and copy their trades, the process goes like this:
Trader A buys 5 $BTC for $65,000 You buy BTC for $65,000 with X capital Trader A sells 5 BTC at $70,000 You sell X BTC at $70,000 and make a profit of 10.2% Or, you could lose 10.2% if the trader makes a mistake and the trade fails. However, think about it, has the trader made a mistake or have you made a mistake yourself by following the wrong trader? ______________________________
How to Choose the Right Trader Check the Trader's background
•What is their track record? •How long have they been trading? •What is their win/loss ratio? •Is this their first time trading publicly? •What assets do they tend to invest in? ______________________________
Is Copy Trading a Good Choice for Beginners?
If you are new to trading and crypto, this extra time will be very useful for you. You will be able to learn new concepts without feeling overwhelmed and slowly integrate into the crypto community. In addition, your risks will be minimized because there is always someone to help you during your trip
🎉Share in $200 by solving daily crypto anagrams! Everyday at 5 PM from 3rd December to 9th December, 🔸We'll share articles from Binance Academy/Blog packed with valuable insights. 🔸With every blog post, we'll present a crypto anagram in the image, and the answer lies within the blog link. 🏆 Participants who get 5 out of 7 words correctly will be evenly sharing a $200 reward pool.
My analysis shows that the price of Bitcoin on August 3 was $61,838 and for August 8, bitcoin will be bullish to $64,544 until the end of August bitcoin will reach $67,890 - $70,100
But that is only a prediction according to my analysis from the beginning of August to the end of August
Binance's LISTA Megadrop will list the token (LISTA) and open it for trading with LISTA/BTC, LISTA/USDT, LISTA/BNB, LISTA/FDUSD, and LISTA/TRY trading pairs starting at 10:00 (UTC) on June 20. 2024.
REGISTER details #ListaMegadrop :
Token Name: List (LISTA)
Maximum Token Supply: 1,000,000,000
Prize Token #ListaMegadrop : 100,000,000 LISTA (10% of maximum supply)
Initial Circulation Stock: 230,000,000 LISTA (23% of maximum stock)
User Eligibility: KYC is required and users in eligible regions can join
Maximum Limit per User: 800,000 REGISTER.
Megadrop Registration Process:
BNB Lockup Product Preview Period : Users can earn points by locking their BNB in BNB Lockup Products. See FAQ for more information.
Web3 Assignment Period: Users can increase their scores by completing Web3 assignments.
How to Get Started with Binance Megadrop:
● Log in to your Binance account.
● Subscribe to BNB Locked Products and/or complete all specified Web3 tasks via Megadrop on the Binance App. You must have at least one active Binance Web3 Wallet to complete Web3 tasks.
● Once you have completed all the specified Web3 tasks, tap the [Verify] button on the Megadrop project page before the task period ends.
● Earn Megadrop rewards based on your Total Score.
$XAI Vanguard: Genesis is the next major milestone in Xai's roadmap and succeeds the Xai Odyssey campaign that generated record-breaking results in the blockchain space including 500K+ connected wallets, 5 million daily transactions, and a total of $175 million in player rewards distributed. While Xai Odyssey was conducted entirely on the Xai testnet, the launch of Xai Vanguard marked the first campaign on the $XAI mainnet.
This ecosystem-wide event will feature dozens of participating partners and result in a complete gaming roadmap, including Crypto Unicorns, Final Form, Lost Glitches, and more to be announced during the campaign. The campaign rewards players for in-game achievements as they battle for the top spot on the #XaiVanguardGenesis leaderboard. Additionally, the first month of the campaign will also feature missions from other blockchain technology partners that open up new avenues for players to score points.
About the Foundation The main goal of the Xai Foundation is to encourage the growth of developers and games in the Xai AI blockchain ecosystem. This includes attracting third-party developers, implementing effective marketing strategies, and offering financing opportunities to web3 game developers. As the custodian of the blockchain and its associated tokens, the Xai Foundation plays an important role in supporting the integrity of the platform.
About Xai Games $XAI was developed to enable real economics and open commerce in next generation video games. With Xai, billions of traditional gamers will potentially be able to own and trade valuable in-game items in their favorite games for the first time, without needing to use a crypto wallet. Anyone can support the Xai network by operating nodes that allow them to receive network rewards and participate in governance. Xai was developed by Offchain Labs using Arbitrum technology.
Binance's LISTA Megadrop will list the token (LISTA) and open it for trading with LISTA/BTC, LISTA/USDT, LISTA/BNB, LISTA/FDUSD, and LISTA/TRY trading pairs starting at 10:00 (UTC) on June 20. 2024.
Prize Token #ListaMegadrop : 100,000,000 LISTA (10% of maximum supply)
Initial Circulation Stock: 230,000,000 LISTA (23% of maximum stock)
User Eligibility: KYC is required and users in eligible regions can join
Maximum Limit per User: 800,000 REGISTER.
Megadrop Registration Process:
BNB Lockup Product Preview Period : Users can earn points by locking their BNB in BNB Lockup Products. See FAQ for more information.
Web3 Assignment Period: Users can increase their scores by completing Web3 assignments.
How to Get Started with Binance Megadrop:
● Log in to your Binance account.
● Subscribe to BNB Locked Products and/or complete all specified Web3 tasks via Megadrop on the Binance App. You must have at least one active Binance Web3 Wallet to complete Web3 tasks.
● Once you have completed all the specified Web3 tasks, tap the [Verify] button on the Megadrop project page before the task period ends.
● Earn Megadrop rewards based on your Total Score.
Current $BONK Price Bonk is currently priced at $0.00004036 (BONK/USD) with a live market cap of 2.7B. Its 24-hour trading volume was 1.1B USD which is equivalent to positive %3.52956. With a circulating supply of 66.3T, Bonk's price movement is currently positive.
Bonk Fundamental Analysis Fundamental analysis aims to measure the inherent value of an asset. Meanwhile, technical analysis involves examining statistical patterns in the price and volume of that asset. These two techniques are used to analyze and predict potential future developments in the price of the asset. In the case of BONK, the simplest way to perform fundamental analysis is to observe its supply and demand dynamics. In addition, one can also observe the total market capitalization (2.7B) and circulating supply (66.3T) to arrive at reasonable future price assumptions. Then, in the case of requests, you can observe on-chain data regarding the number of active addresses, new addresses and number of transactions.
Current $CYBER Prices CYBER is currently priced at $9.14 (CYBER/USD) with a live market cap of 204.2M. Its 24-hour trading volume was 23.1M USD which is equivalent to negative - %3.20609. With a circulating supply of 22.4B, CYBER price movements are currently negative.
CYBER Fundamental Analysis Fundamental analysis aims to measure the inherent value of an asset. Meanwhile, technical analysis involves examining statistical patterns in the price and volume of that asset. These two techniques are used to analyze and predict potential future developments in the price of the asset. In the case of CYBER, the simplest way to perform fundamental analysis is to observe its supply and demand dynamics. In addition, you can also observe the total market capitalization (204.2M) and circulating supply (22.4M) to arrive at reasonable future price assumptions. Then, in the case of requests, you can observe on-chain data regarding the number of active addresses, new addresses and number of transactions.
$BTC #Write2Earn What is the Bitcoin price prediction today? Based on our Bitcoin prediction chart, Bitcoin price will increase by 1.00% and reach $50,020 on February 15, 2024
What is the Bitcoin price prediction for tomorrow? Bitcoin is predicted to strengthen 1.00% and reach a price of $50,020 tomorrow.
What is the Bitcoin price prediction this week? According to our Bitcoin price prediction, BTC is expected to trade within a price range of $50,020 and $47,665 this week. Bitcoin will decrease -4.71%and reach $47,665 on February 19, 2024 if it reaches the higher value target.
What is the Bitcoin price prediction next week? Bitcoin price prediction for next week is between $47,665 at the low end and $43,544 at the high end. Based on our BTC price prediction chart, Bitcoin price will fall by -8.65% and reach $43,544 on February 26, 2024 if it reaches the upper price target.
What is the Bitcoin price prediction for 2024? Bitcoin is expected to trade within a range of $29,268 and $140,482. If it reaches the upper price target, BTC could increase by 172.25% and reach $140,482
Welcoming the auspicious Chinese New Year, we are happy to announce that we will give away free Red Angpau only to our beloved community. 🥳😎
There will be 3 lucky days that we will choose to deploy the code.
How to get Red Angpau: 1. Follow our binance square Binance Indonesian 2. Watch our post at 10.00 WIB on Friday, 10 February 2023 3. Claim the Angpau according to the Unique Code that we provide
Are you one of the lucky ones? Stay tuned!
Note: Angpau prizes for the referral program are still ongoing, join immediately and invite your friends. Click -> https://www.binance.me/id/activity/limited-referral/LNYR24
#Write2Earn $BTC The price of #BTCUSD is heavily influenced by supply and demand in the market, as well as other factors such as news, regulations, and technology. One factor that will have a big influence on the price of Bitcoin is halving, which is the process of reducing the amount of Bitcoin given to miners every 10 minutes. Halving occurs once every four years, and is expected to occur again in May 2024.
Halving is considered a bullish event (pushing prices up) for #btcusd because it reduces the amount of Bitcoin circulating in the market. However, before the halving occurs, there is a possibility that Bitcoin prices will fall first, due to selling pressure from miners who want to get maximum profits before their income decreases.
How do we analyze and predict Bitcoin price movements? We use several tools, namely charts, Smart Indicator Analysis, and Smart Indicator Dashboard. Let's see one by one.
Chart We can see above, one of the tools we use in charts is Fibonacci retracement, which is a tool that measures how far the price moves back (retrace) after making a big movement (impulse). Fibonacci retracement has several levels, namely 0.236, 0.382, 0.5, 0.618, and 0.786. These levels often become areas of support (holding prices down) or resistance (holding prices up) for prices.
As you can see in the chart above, BTCUSD was rejected at the 0.618 Fibonacci level. This indicates that the price is unable to continue its increase, and is likely to reverse direction. We predict that BTCUSDT will retest the 0.382 support level in the price range of $36000 - $33000 in the pre-halving period
Smart Indicator Analysis Smart Analysis Indicator is a tool that we created ourselves to help us analyze Bitcoin price movements more accurately and easily. Smart Indicator Analysis gives us buy or sell signals based on the condition of these indicators.