Portfolio collection and risk diversification

There are opinions that it is necessary to store funds in several assets to diversify risks, because the price of some currencies is rising while the price of others is falling.

🧰 A crypto portfolio is a collection of cryptocurrencies owned by an investor or trader. Portfolios usually contain many different assets, including altcoins and crypto financial products.

🔀 Asset allocation means investing in different asset classes (e.g. cryptocurrencies, stocks, bonds, precious metals, cash, etc.). Diversification is the allocation of investment funds across different assets or sectors.

You can collect 40% bitcoins, 30% stablecoins, 15% NFT and 15% altcoins in your portfolio. The more diversified your portfolio is, the more accurately it will track the market as a whole.

There are services for monitoring your crypto portfolio, for example:

🔹 CoinMarketCap
🔹 Dropstab
🔹 Blackfolio

What services do you use to monitor your assets?

#tutorial

Demo tournament, and the prize is real!
Get start-up capital for trading

The #tutorial for those who want to learn how to compete with other traders and win. Check how good you are at trading without risking anything!

🔹 Each participant receives 10,000 virtual USDT in their demo account at the beginning of each round of the tournament.

🔹 The higher your profit (ROI), the higher you rank on the leaderboard and the larger your prize.

🔹 You can trade USDT prize money for 7 days, this is Trust Management. Then you can freely dispose of your earnings.

Participation in the tournament 24/7.

Track statistics of your tournament in real time!

Every day the total prize pool consists of rewards in the form of 1,120 USDT (for participants who took 1st - 5th places).

Daily Prize Distribution:

1st place - 500 USDT
2nd place - 300 USDT
3rd place - 150 USDT
4th place - 100 USDT
5th place - 70 USDT

🏆 More about tournaments:
https://support.nominex.io/en-us/article/74-daily-demo-tournaments

✅ PARTICIPATE

Interesting facts about cryptocurrency

🔹The creator of Bitcoin is an anonymous user Satoshi Nakamoto. His identity remains a mystery.

🔹CEO of the Ethereum project — Vitalik Buterin, Canadian-Russian programmer. He launched the network at age 21 (2015) and is now a billionaire.

🔹The main difference between crypto and fiat money is that they are not controlled and anonymous.

🔹The first Bitcoin transaction was made on January 21, 2009.

🔹El Salvador legalized bitcoin as an official means of payment.

🔹The advantage of cryptocurrency is the decentralization of financial turnover and its withdrawal from the monopoly control of states.

🔹For the first time, 2 pizzas were bought for 10,000 BTC ($ 446,558,000 today). This was done by a certain Laszlo Heinitz in 2010.

🔹The hard drive with 7,500 bitcoins ($ 334,986,750) was thrown into the trash by James Howells from Britain.

🔹There are more than 24,000 crypto ATMs in the world.

What interesting facts about the crypt do you know? Write in the comments

We bring your attention to the #tutorial on how to replenish your MetaMask wallet

This is the step-by-step guide with screenshots.

☑️ It is needed so that you definitely do not get confused in the process and can always refer to the training manual if you have any questions.

If you have any additional questions, ask them in the comments, and our team will be happy to answer them.

📖 Read the guide:
https://nominex.io/blog/guides/how-to-transfer-bep-20/
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🎲 ROLL THE DICE 🎲

This competition of ours is slightly different from the previous ones.
As always, you can complete tasks and earn points. More points - more chances to win.
But this time, someone will be more fortunate. The same as with dice game.
The winner will claim the grand prize of 20 NMX 👌

✔️ Like and Retweet promo tweet
✔️ Tag 2 or more friends in replay
Plus other new tasks at the link below ⬇️

🏆 15 users will get:

🔹 20 NMX - 1 user
🔹 15 NMX - 2 users
🔹 10 NMX - 3 users
🔹 7 NMX - 4 users
🔹 5 NMX - 5 users

Join the game:
➕ https://bit.ly/3nxvZdw ➕

#NMXFarmingNumbers

🔢 NMX farming in numbers

💡Current number of people farming NMX: 11237 (⬇️ -244)
💡Pool size: $12 401 011 (-$1 714 316)
💡Current APY: 199 %

❕Attention: the indicated APY does not include bonuses for the duration of staking, as well as direct referral and team farming. In reality the income including all the bonuses is much higher!

Number of people receiving bonuses for:
💡Direct referral farming: 2352(-52)
💡Team farming: 1693 (-50)
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Checklist for profitable trading
8-point #tutorial

Economic situation
Important events and news can seriously affect the markets.

Non-trading risks
Unaccounted for factors (for example, Elon Musk's tweet) can also be a surprise.

Exchanges
Beware of scams and choose reliable market players.

Trading risks
Factors directly related to trading.

Instruments
The choice of a pair for trading must be made taking into account its volatility and liquidity.

Leverage and lot volume
Experts do not advise beginners to use a large leverage.

Trading system and indicators
The more aggressive a trading strategy is, the more risky it is.

Psychology
Accepting failures, controlling emotions... The crypto market offers great opportunities for earning money, but it also carries a lot of temptations.

✅ Read more about each point and strategies to reduce risks in the article:
https://nominex.io/blog/trading/risk-management-in-crypto-trading-trading-crypto-without-losing-it-all/#risk-7

🐦 Not sure who to follow on Twitter?

We have prepared for you a list of Twitter accounts from the crypto world.

🔎 Don't waste time searching — everything is ready.

☑️ Subscribe to the list: https://twitter.com/i/lists/1434542680168620035

Who else would you like to see on this list? Answer in the comments ⬇️

What is DeFi? Main features.

How much do you know about DeFi functionality? Introducing a #tutorial for those who want to know more about subject.

DeFi are decentralized financial applications running on the blockchain network.

In the crypto world, you have to trust in computer code and smart contracts, but with DeFi you can do whatever you want to do with your assets without relying on a third party.

With DeFi tokens, you can:

🔹 Lend and borrow cryptocurrency to earn interest through Compound and Aave.
🔹 Use crypto betting by the Augur
🔹 There will be a lottery with no loss - PoolTogether.
🔹 Use stablecoins and exchange them for other tokens via DEX.

In this ecosystem, there are the following Ethereum-based platforms:

1. Decentralized Exchanges (DEXs)
2. Stablecoins
3. Lending Platforms
4. “Wrapped” Bitcoin (WBTC)
5. Prediction Markets

You can also do yield farming with DeFi.

☑️ Read more on our blog:
https://nominex.io/blog/education/what-are-defi-tokens/

News about Nominex BBP (Binance Brokerage Program)

We are sharing up-to-date information on the launch of the Brokerage program. The work is in progress, the dates have not changed — the end of September. The technical teams are now focused on this important task. Everything will be ready soon, we are waiting!

What will happen after the release?
Nominex BBP Stage 1
The first release of the brokerage program will include part of the planned functionality. The rest will come out gradually. In the first phase, only the most important is the direct integration of the two platforms, we will add several dozen new pairs with Binance liquidity. Everything else will come out as soon as it is ready. We try to add new functionality every month. The goal of the first release is to launch and show progress.

Upcoming Airdrop Tied To Nominex BBP Release
New information regarding the upcoming Airdrop has become known. Its purpose is to thank all early users who were with the project and still are. What will be considered when distributing rewards?
⁃ Amount of funds in farming (share of the liquidity pool).
⁃ Number of days in farming without unstake (holder bonus).
Accordingly, the higher these indicators, the greater your Airdrop reward. In other words, whoever has been farming longer and more consistently will receive more rewards.
The airdrop date will be announced immediately after the launch of BBP Stage 1.

We are waiting for your questions and comments! 👇

We would like to share with you some explanations about the functions of our chatbot that you can use when need be.

☑️ Rules
It's no secret that rules are an essential part of any community, so if you are not completely familiar with our rules, you can familiarize yourself with them at any time by sending a request to the chat like this: /rules

Our bot will immediately send you a list of acceptable and unacceptable behaviors 🙂

❗Reporting
If you see someone openly breaking the rules or causing panic in the community, simply reply to an inappropriate message with the /report request.

Admins will be immediately notified and take immediate action!

Have a great weekend! ✌️

Index of fear and greed

This is the #tutorial for those who want to navigate market conditions and take benefit from analysis.

⚖️ The indicator has two poles: fear and greed, they clearly show the desire to acquire assets. This is one of the important indicators that will help you understand what state the market is in now: it is a bullish or a bearish market.

📈 The behavior of investors at different stages in relation to buying/selling can be very different. In general, investors are scared when the market falls. When the market rises, their behavior can be called greedy, i.e. they want to buy more than sell.

The index shows a parameter from 0 to 100. The closer this number is to zero, the less investors are ready to buy (bearish sentiment prevails), and vice versa, if the index is close to 100, people tend to buy assets (bullish). You can use this indicator as an effective signal to spot market ups and downs.

To determine the index of greed and fear, it is necessary to use the 6️⃣ parameters indicated below. The combination of the results of these indicators can form the final index figure for you.

• Volatility;
• Market size;
• Activity in the Social. networks and media;
• Domination;
• Trends;
• Reviews.

There are also special tools for monitoring the index:
https://alternative.me/crypto/fear-and-greed-index/

The Fear and Greed Index are not the only values that can be used to gauge market sentiment. When you think you have made the best decision, the market can react negatively and it is impossible to predict events 100% accurately.

Read more about the Fear and Greed Index ⬇️
https://nominex.io/blog/nominex/crypto-fear-and-greed-index/
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Nominex in TOP 10 DeFi projects on International Business Times

🔝The major American business media IBtimes has placed Nominex in the list of 10 DeFi projects to watch in Q4 2021! This is really so, because we have a big update soon.

It also publishes detailed information about our exchange and utility token NMX with a link to the site so that the widest possible audience can learn about the benefits of our project and join it.

💬 "Nominex is a prominent cryptocurrency exchange that combines entertainment and trading to provide the best experience for its customers. Users can leverage Nominex's native NMX token to trade crypto with zero fees..."

☑️ Read the article:
https://www.ibtimes.com/top-10-defi-projects-watch-q4-3297242
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