binnancetournament

#binnancetournament #spottrading
📌 Spot Trading
What it is:
You buy or sell an asset (crypto, stock, gold, etc.) and own it immediately.
Key features:
You get real ownership of the asset
Payment & delivery happen instantly
No leverage (usually)
Lower risk
Good for beginners & long-term holding
Example:
You buy 1 BTC at $40,000 → You own 1 BTC in your wallet.
📌 Futures Trading
What it is:
You trade a contract to buy/sell an asset at a future price. You don’t own the actual asset.
Key features:
No real ownership
Uses leverage (e.g., 5x, 10x, 50x)
Can profit from price going up or down (long/short)
High risk & high reward
Possibility of liquidation
Example:
You open a 10x long position on BTC with $1,000 → Control $10,000 worth of BTC (but you don’t own it).
⚖️ Quick Comparison Table
Feature
Spot Trading
Futures Trading
Ownership
✅ Yes
❌ No
Leverage
❌ Usually no
✅ Yes
Risk level
Low–Medium
High
Can short sell
❌ No
✅ Yes
Liquidation
❌ No
✅ Yes
Best for
Beginners, investors
Experienced traders
🧠 Which should you choose?
Choose Spot if you want safety, simplicity, and long-term investment.
Choose Futures if you understand leverage, risk management, and want short-term trading opportunities.
How to start Spot Trading (step-by-step on Binance)
How Futures leverage works (with real profit & loss examples)
Risk management for Futures trading (how to avoid liquidation)
Which is better for beginners – Spot or Futures (detailed guide)....

🙋I experienced a $30,000 loss when I first ventured into trading📉. This phase was marked by regret, confusion, and a sense of failure, tempting me to quit. However, I implemented three crucial changes that transformed everything:

1. Reduced the number of traded pairs:
Instead of attempting to profit from 5-10 pairs daily, I limited myself to two charts and one trade at a time. This disciplined approach improved the quality of my trades significantly.

2. Emotion Management:
Addressing emotions like FOMO and greed, I incorporated risk management techniques, set stop losses, and journaled my trades to identify emotional triggers.

3. Opted for smaller trade sizes:
Realizing that aggressive sizing beyond my skill level caused the $30k loss, I let go of my ego, traded smaller, and gradually gained consistency. This adjustment, accompanied by other improvements, led to a journey from a significant loss to consistent profitability, emphasizing the importance of persistence and continuous learning.#Write2Earn #BinanceSquareExplorers #binnancetournament $BTC $ETH

$ELIZAOS I love this token. It would be fun if it went into the millions again.
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#OPEN ❤️❤️❤️❤️❤️❤️❤️❤️
GET READY FOR THE BIG PROFIT. 🚀❤️
Trade Setup 🎁♥️🎁♥️🎁♥️
🔷 Entry Zone : $0.4037
🔷 Sell Range : $0.6500
🔷 S/L : $0.3800
Grab Now And Win Here $OPEN
Hope for your better SPOT TRADING 🤝🎁
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Before you start trading, learn and consider your steps carefully before you invest in a particular business or transaction. Be sure there are risks and losses so divide your capital well and be familiar with trading strategies. 💹⚠️
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Note : Financial Advisor who changed your life in some months 🙋🙋🙋🙋
Approximately 9 months ago, on April 19, 2024, the cryptocurrency Pepe (symbol: $PEPE ) was trading at $0.0000000055150. A $100 investment at that time, when the token's value was $0.000000055657, would have yielded around 1,815,742,3989 PEPE tokens. Holding onto these tokens until the present price of $0.00000153 would result in an investment value of about $2,598.44. If the investor had waited until $PEPE 's previous all-time high of $0.00000455, the potential profit would have been approximately $7,926.92. In summary, a $100 investment in PEPE five months ago, if held until today, could have grown to about $2,561.44. Alternatively, holding until the last all-time high of $0.00000561 might have resulted in an investment value of around $7,786.92, highlighting the potential growth over time. Disclaimer: Involves third-party opinions, not financial advice.
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