LEON TECHNOLOGY pinned «💧 THE WORD TOKEN @Airdrop 💧 🏆 Task: ➕ $10 worth of TWD for 2500 random participants each. 👨👩👧 Referral: ➕ $5000 worth of TWD for top 50 referrers. ➡️ Airdrop bot for THE WORD TOKEN:👇 https://t.me/TheWordTokenAirdropBot?start=2024361217…»
New airdrop: YumYum (For all)
Reward: 200T Yumy tokens
News: BuildOnBase
Distribution date: After TGE
🔗Airdrop Link: https://t.me/yumyumairdrop_bot?start=2024361217
-Complete all tasks of the airdrop
-Submit the username and detail
-Please visit here for more details
-Yum is based on Base network and Get your invite link on Discord & invite friends
Done ✅Done✅Done✅Done✅
⚠️Please remember: We are airdrop hunters and only participate in free airdrops, do remember that airdrop tokens are free
Reward: 200T Yumy tokens
News: BuildOnBase
Distribution date: After TGE
🔗Airdrop Link: https://t.me/yumyumairdrop_bot?start=2024361217
-Complete all tasks of the airdrop
-Submit the username and detail
-Please visit here for more details
-Yum is based on Base network and Get your invite link on Discord & invite friends
Done ✅Done✅Done✅Done✅
⚠️Please remember: We are airdrop hunters and only participate in free airdrops, do remember that airdrop tokens are free
LEON TECHNOLOGY pinned «New airdrop: YumYum (For all) Reward: 200T Yumy tokens News: BuildOnBase Distribution date: After TGE 🔗Airdrop Link: https://t.me/yumyumairdrop_bot?start=2024361217 -Complete all tasks of the airdrop -Submit the username and detail -Please visit here for…»
Hello crypto World, soon I will start sharing crypto trading technical analysis and indicators too 👍
Educational Post
Fan Tokens
Fan tokens are digital assets that are created by sports teams, clubs or brands to increase fan engagement and create new revenue streams.
They are built on blockchain technology and allow holders to engage with the team, from buying priority tickets to voting on club decisions such as choosing a new kit, slogan, or jersey design.
Fan tokens are purchased with cryptocurrency, and the ownership of the token gives the fan benefits or privileges, such as access to exclusive content or merchandise, voting rights, or even the ability to earn rewards. Note that fan tokens are different from non-fungible-tokens (NFTs) in that they are fungible.
This means that any given fan token is equal in every way to any other token of the same type, just as one BTC is equal to another BTC.
Fan Tokens
Fan tokens are digital assets that are created by sports teams, clubs or brands to increase fan engagement and create new revenue streams.
They are built on blockchain technology and allow holders to engage with the team, from buying priority tickets to voting on club decisions such as choosing a new kit, slogan, or jersey design.
Fan tokens are purchased with cryptocurrency, and the ownership of the token gives the fan benefits or privileges, such as access to exclusive content or merchandise, voting rights, or even the ability to earn rewards. Note that fan tokens are different from non-fungible-tokens (NFTs) in that they are fungible.
This means that any given fan token is equal in every way to any other token of the same type, just as one BTC is equal to another BTC.
Educational Post:
What is risk management?
Risk management entails predicting and identifying financial risks involved with your investments to minimize them. Investors then employ risk management strategies to help them manage their portfolio's risk exposure. A critical first step is assessing your current exposure to risks and then building your strategies and plans around them.
Risk management strategies are plans and strategic actions traders and investors implement after identifying investment risks. These strategies reduce risk and can involve a wide range of financial activities, such as taking out loss insurance and diversifying your portfolio across asset classes.
Risk Management Strategies
1. The 1% rule is a simple risk management strategy that entails not risking more than 1% of your total capital on an investment or trade.
2. A stop-loss order sets a predetermined price for an asset at which the position will close. The stop price is set below the current price and, when triggered, helps protect against further losses. A take-profit order works the opposite way, setting a price at which you want to close your position and lock in a certain profit.
3. Diversifying your portfolio is one of the most popular and fundamental tools to reduce your overall investment risk. A diversified portfolio won't be too heavily invested in any asset or asset class, minimizing the risk of heavy losses from one particular asset or asset class. For instance, you may hold a variety of different coins and tokens, as well as provide liquidity and loans.
What is risk management?
Risk management entails predicting and identifying financial risks involved with your investments to minimize them. Investors then employ risk management strategies to help them manage their portfolio's risk exposure. A critical first step is assessing your current exposure to risks and then building your strategies and plans around them.
Risk management strategies are plans and strategic actions traders and investors implement after identifying investment risks. These strategies reduce risk and can involve a wide range of financial activities, such as taking out loss insurance and diversifying your portfolio across asset classes.
Risk Management Strategies
1. The 1% rule is a simple risk management strategy that entails not risking more than 1% of your total capital on an investment or trade.
2. A stop-loss order sets a predetermined price for an asset at which the position will close. The stop price is set below the current price and, when triggered, helps protect against further losses. A take-profit order works the opposite way, setting a price at which you want to close your position and lock in a certain profit.
3. Diversifying your portfolio is one of the most popular and fundamental tools to reduce your overall investment risk. A diversified portfolio won't be too heavily invested in any asset or asset class, minimizing the risk of heavy losses from one particular asset or asset class. For instance, you may hold a variety of different coins and tokens, as well as provide liquidity and loans.
Educational Post
Crypto whales
Crypto whales are individuals or entities who hold large amounts of cryptocurrency, having amassed their substantial holdings through early investments, mining, or other means. With significant crypto holdings at their fingertips, whales have the ability to influence the market by buying or selling large amounts of assets, causing price fluctuations.
A crypto holder can be considered a whale if they hold a significant percentage of the total supply of a particular cryptocurrency and are able to impact price movements by making trades.
To put this in perspective, someone who holds $1 million worth of an asset with a market capitalisation of $100 million is a whale, while someone who holds $1 million worth of an asset with a market capitalization of $30 billion may not be considered a whale.
While they each have $1 million in crypto assets, the former has more power to move markets than the latter.
Crypto whales
Crypto whales are individuals or entities who hold large amounts of cryptocurrency, having amassed their substantial holdings through early investments, mining, or other means. With significant crypto holdings at their fingertips, whales have the ability to influence the market by buying or selling large amounts of assets, causing price fluctuations.
A crypto holder can be considered a whale if they hold a significant percentage of the total supply of a particular cryptocurrency and are able to impact price movements by making trades.
To put this in perspective, someone who holds $1 million worth of an asset with a market capitalisation of $100 million is a whale, while someone who holds $1 million worth of an asset with a market capitalization of $30 billion may not be considered a whale.
While they each have $1 million in crypto assets, the former has more power to move markets than the latter.
Educational Post
General Tips to Protect Yourself Against Scams
Trade on reputable platforms
Choose leading P2P platforms that offer their users robust safety features. Common features include:
1 Risk management features. A platform that enforces specific requirements before buying or selling can help reduce inactive, unreliable, or low-quality advertisements. Better yet, there should be a sophisticated order-matching logic to match users with trusted traders and verified merchants only, as well as risk management algorithms to monitor suspicious activity.
Some algorithms are even optimized to limit the trading activities of potential bad actors. In addition, withdrawal limits or delays can help to protect user funds.
2 Know Your Customer (KYC) protocols. P2P platforms with KYC protocols can help beginners find reliable trading partners by enforcing user identity verification. This allows beginners to conduct trades with verified merchants with a proven track record and reliable sources of funds.
3 Escrow services. Escrow services provide a safe way for buyers and sellers to exchange goods or assets. A trusted third party — typically the P2P platform — handles the exchange of funds between transacting parties to uphold safety and fair trading.
4 Customer support. While P2P trading usually functions with no middlemen, a P2P platform’s customer support team can intervene if a user faces problems with a trade.
5 Automated payment. New automated payment methods enable P2P platforms to automatically process the release of crypto held in escrow without manual intervention. Buyers can receive their newly purchased assets instantly and sellers don’t have to check each order payment or release assets manually.
6 Block feature. The block feature allows you to block suspicious users — if you’ve had an unpleasant experience with someone, you can block that user and prevent them from trading with you again.
General Tips to Protect Yourself Against Scams
Trade on reputable platforms
Choose leading P2P platforms that offer their users robust safety features. Common features include:
1 Risk management features. A platform that enforces specific requirements before buying or selling can help reduce inactive, unreliable, or low-quality advertisements. Better yet, there should be a sophisticated order-matching logic to match users with trusted traders and verified merchants only, as well as risk management algorithms to monitor suspicious activity.
Some algorithms are even optimized to limit the trading activities of potential bad actors. In addition, withdrawal limits or delays can help to protect user funds.
2 Know Your Customer (KYC) protocols. P2P platforms with KYC protocols can help beginners find reliable trading partners by enforcing user identity verification. This allows beginners to conduct trades with verified merchants with a proven track record and reliable sources of funds.
3 Escrow services. Escrow services provide a safe way for buyers and sellers to exchange goods or assets. A trusted third party — typically the P2P platform — handles the exchange of funds between transacting parties to uphold safety and fair trading.
4 Customer support. While P2P trading usually functions with no middlemen, a P2P platform’s customer support team can intervene if a user faces problems with a trade.
5 Automated payment. New automated payment methods enable P2P platforms to automatically process the release of crypto held in escrow without manual intervention. Buyers can receive their newly purchased assets instantly and sellers don’t have to check each order payment or release assets manually.
6 Block feature. The block feature allows you to block suspicious users — if you’ve had an unpleasant experience with someone, you can block that user and prevent them from trading with you again.
Educational Post
What Are Some Common P2P Scams?
Fake proof of payment or SMS
Scammers may digitally alter receipts to convince you they have sent payment and trick you into releasing crypto to them. One example is the SMS scam where criminals forge a text message to notify the victim that they have received a payment.
How to avoid this scam: As a seller, you should only approve the transaction after checking if the payment is already in your wallet or bank account.
Chargeback fraud
A bad actor may use a chargeback feature on their chosen payment platform to reverse their payment upon receiving your assets. In many cases, they try to pay via a third-party account. Some payment methods like checks and online wallets allow for easier chargeback requests.
How to avoid this scam: Do not accept payments from third-party accounts. If it happens, raise an appeal to the platform and initiate a refund to the buyer’s account.
Wrong transfer
As with chargeback fraud, a scammer may attempt to steal your assets by contacting their bank to report an erroneous transaction and requesting that it be reversed. Some scammers may even pressure you into not reporting the incident by using scare tactics, like warning you that selling cryptocurrency is illegal.
How to avoid this scam: Don’t be intimidated by scare tactics. Systematically gather evidence, such as screenshots, of your correspondence and transaction with the criminal.
What Are Some Common P2P Scams?
Fake proof of payment or SMS
Scammers may digitally alter receipts to convince you they have sent payment and trick you into releasing crypto to them. One example is the SMS scam where criminals forge a text message to notify the victim that they have received a payment.
How to avoid this scam: As a seller, you should only approve the transaction after checking if the payment is already in your wallet or bank account.
Chargeback fraud
A bad actor may use a chargeback feature on their chosen payment platform to reverse their payment upon receiving your assets. In many cases, they try to pay via a third-party account. Some payment methods like checks and online wallets allow for easier chargeback requests.
How to avoid this scam: Do not accept payments from third-party accounts. If it happens, raise an appeal to the platform and initiate a refund to the buyer’s account.
Wrong transfer
As with chargeback fraud, a scammer may attempt to steal your assets by contacting their bank to report an erroneous transaction and requesting that it be reversed. Some scammers may even pressure you into not reporting the incident by using scare tactics, like warning you that selling cryptocurrency is illegal.
How to avoid this scam: Don’t be intimidated by scare tactics. Systematically gather evidence, such as screenshots, of your correspondence and transaction with the criminal.
Educational Post
Is P2P Trading Safe?
As with any type of trading, P2P trading has its fair share of risks, which vary depending on the exchange and its safety measures. While older exchanges faced a higher risk of theft and scams, many newer P2P trading platforms have significantly improved their security measures.
A leading P2P exchange today, for instance, typically has an escrow service, regular security updates, and a stringent KYC (among other measures) to keep users safe.
However, even with the appropriate safeguards, all trading activity comes with risks — and P2P trading is no exception.
Is P2P Trading Safe?
As with any type of trading, P2P trading has its fair share of risks, which vary depending on the exchange and its safety measures. While older exchanges faced a higher risk of theft and scams, many newer P2P trading platforms have significantly improved their security measures.
A leading P2P exchange today, for instance, typically has an escrow service, regular security updates, and a stringent KYC (among other measures) to keep users safe.
However, even with the appropriate safeguards, all trading activity comes with risks — and P2P trading is no exception.
Educational Post
What is Peer-to-Peer (P2P) trading?
Peer-to-peer (P2P) cryptocurrency trading entails buying and selling digital currencies without needing a third-party intermediary. P2P trading allows buyers and sellers to set their prices, select their trading partners, and decide when to transact. It also enables diligent and experienced traders to look for and take advantage of favorable trading conditions to suit their needs.
Crypto P2P marketplaces facilitate the direct exchange of cryptocurrencies between individual users. There is no central authority or third-party intermediary, thereby giving users more control over their funds and allowing them to protect their identity during transactions.
What is Peer-to-Peer (P2P) trading?
Peer-to-peer (P2P) cryptocurrency trading entails buying and selling digital currencies without needing a third-party intermediary. P2P trading allows buyers and sellers to set their prices, select their trading partners, and decide when to transact. It also enables diligent and experienced traders to look for and take advantage of favorable trading conditions to suit their needs.
Crypto P2P marketplaces facilitate the direct exchange of cryptocurrencies between individual users. There is no central authority or third-party intermediary, thereby giving users more control over their funds and allowing them to protect their identity during transactions.
Educational Post
A Broadening Triangle is a relatively rare triangle pattern which occurs when there is a lot of volatility in a market.
It is formed when the prices forge higher highs and lower lows consecutively.
On joining the highs and lows with lines, a diverging pattern is seen on the chart. This pattern stands for high volatility and several false breakouts.
While forming, it is difficult to predict the actual breakout from the pattern because of the diverging nature.
More over the tendency and requirement of surpassing the previous highs in the formation of the pattern, is a reason why breakout traders face a lot of stoploss triggers , trapping bulls when the previous peak is breached and bears when the previous low is breached and then the price turns back and returns into the pattern.
A Broadening Triangle is a relatively rare triangle pattern which occurs when there is a lot of volatility in a market.
It is formed when the prices forge higher highs and lower lows consecutively.
On joining the highs and lows with lines, a diverging pattern is seen on the chart. This pattern stands for high volatility and several false breakouts.
While forming, it is difficult to predict the actual breakout from the pattern because of the diverging nature.
More over the tendency and requirement of surpassing the previous highs in the formation of the pattern, is a reason why breakout traders face a lot of stoploss triggers , trapping bulls when the previous peak is breached and bears when the previous low is breached and then the price turns back and returns into the pattern.
Educational Post
What is an ascending channel?
An ascending channel (also known as a rising channel or a channel up) is a chart pattern that consists of two parallel upward-sloping lines. It occurs when a chart has higher swing highs and lower swing lows. Usually, the pattern shows that prices are in an uptrend. In this case, the pattern can be considered bullish.
Sometimes, though, an ascending channel may form within a longer-term downtrend. In this case, the pattern most often than not means a pause in the downtrend, though sometimes it is an early sign of a reversal.
A breakout below the lower bound of the channel often means that prices will continue to move lower for a while.
What is an ascending channel?
An ascending channel (also known as a rising channel or a channel up) is a chart pattern that consists of two parallel upward-sloping lines. It occurs when a chart has higher swing highs and lower swing lows. Usually, the pattern shows that prices are in an uptrend. In this case, the pattern can be considered bullish.
Sometimes, though, an ascending channel may form within a longer-term downtrend. In this case, the pattern most often than not means a pause in the downtrend, though sometimes it is an early sign of a reversal.
A breakout below the lower bound of the channel often means that prices will continue to move lower for a while.
Educational Post
What Is a Price Channel?
The term price channel refers to a signal that appears on a chart when a security's price becomes bounded between two parallel lines. The price channel may be termed horizontal, ascending, or descending depending on the direction of the trend.
Price channels are often used by traders who practice the art of technical analysis to gauge the momentum and direction of a security's price action and to identify trading signals.
The dominance of one force determines the price channel’s trending direction.
We will share more about uptrend channel and downtrend channel in next session.
What Is a Price Channel?
The term price channel refers to a signal that appears on a chart when a security's price becomes bounded between two parallel lines. The price channel may be termed horizontal, ascending, or descending depending on the direction of the trend.
Price channels are often used by traders who practice the art of technical analysis to gauge the momentum and direction of a security's price action and to identify trading signals.
The dominance of one force determines the price channel’s trending direction.
We will share more about uptrend channel and downtrend channel in next session.
Educational Post
Downtrend line
A downtrend line is a straight line drawn downward to the right that connects 2 or more high points. The second high must be lower than the first for the line to have a downward incline. Downtrend lines act as resistance and indicate that there is more supply than demand, even as the price falls. As long as prices remain below the trend line, the downtrend is considered to be intact. A break above the downtrend line indicates that a change in trend may be occurring.
Downtrend line
A downtrend line is a straight line drawn downward to the right that connects 2 or more high points. The second high must be lower than the first for the line to have a downward incline. Downtrend lines act as resistance and indicate that there is more supply than demand, even as the price falls. As long as prices remain below the trend line, the downtrend is considered to be intact. A break above the downtrend line indicates that a change in trend may be occurring.
Educational Post
Uptrend Line
An uptrend line has a positive slope and is formed by connecting two or more low points. The second low must be higher than the first for the line to have a positive slope. Note that at least three points must be connected before the line is considered to be a valid trend line.
Uptrend lines act as support and indicate that net demand (demand less supply) is increasing even as the price rises. A rising price combined with increasing demand is very bullish and shows a strong determination on the part of the buyers. As long as prices remain above the trend line, the uptrend is considered solid and intact. A break below the uptrend line indicates that net demand has weakened and a change in trend could be imminent.
Uptrend Line
An uptrend line has a positive slope and is formed by connecting two or more low points. The second low must be higher than the first for the line to have a positive slope. Note that at least three points must be connected before the line is considered to be a valid trend line.
Uptrend lines act as support and indicate that net demand (demand less supply) is increasing even as the price rises. A rising price combined with increasing demand is very bullish and shows a strong determination on the part of the buyers. As long as prices remain above the trend line, the uptrend is considered solid and intact. A break below the uptrend line indicates that net demand has weakened and a change in trend could be imminent.
Educational Post
What Is a Price Channel?
The term price channel refers to a signal that appears on a chart when a security's price becomes bounded between two parallel lines. The price channel may be termed horizontal, ascending, or descending depending on the direction of the trend.
Price channels are often used by traders who practice the art of technical analysis to gauge the momentum and direction of a security's price action and to identify trading signals.
The dominance of one force determines the price channel’s trending direction.
We will share more about uptrend channel and downtrend channel in next session.
What Is a Price Channel?
The term price channel refers to a signal that appears on a chart when a security's price becomes bounded between two parallel lines. The price channel may be termed horizontal, ascending, or descending depending on the direction of the trend.
Price channels are often used by traders who practice the art of technical analysis to gauge the momentum and direction of a security's price action and to identify trading signals.
The dominance of one force determines the price channel’s trending direction.
We will share more about uptrend channel and downtrend channel in next session.
❤1
Educational Post
What Is a Trendline?
Trendlines are easily recognizable lines that traders draw on charts to connect a series of prices together or show some data's best fit. The resulting line is then used to give the trader a good idea of the direction in which an investment's value might move.
Trendlines are a visual representation of support and resistance in any time frame. They show direction and speed of price, and also describe patterns during periods of price contraction.
What Is a Trendline?
Trendlines are easily recognizable lines that traders draw on charts to connect a series of prices together or show some data's best fit. The resulting line is then used to give the trader a good idea of the direction in which an investment's value might move.
Trendlines are a visual representation of support and resistance in any time frame. They show direction and speed of price, and also describe patterns during periods of price contraction.