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Crypto_Angel
THE CONCEPT OF MAKERS AND TAKERS (Part 1) As a crypto trader, are you a maker or
taker? Find out Makers are market makers who provide two-sided markets, and
takers as those trading the prices set by market makers. Takers setting market
orders pay taker fees, while makers setting limit orders may receive payment for
filling orders. Markets are made up of makers and takers. The makers create
buying or selling orders that aren’t carried out immediately (e.g., “sell BTC
when the price hits $15k”). This creates liquidity, meaning it’s easier for
others to instantly buy or sell BTC when the condition is met. The people that
buy or sell instantly are called takers. In other words, the takers fill the
orders created by the makers. Meanwhile, On any kind of exchange (whether Forex,
stocks, or cryptocurrency), sellers are matched with buyers. Without these
meeting points, you’d need to advertise your offers to trade Bitcoin for
Ethereum on social media and hope that someone is interested Consequently, every
market participant falls into at least one of these categories – indeed, as a
trader, you’ll probably act as both at some stage. Makers and takers are the
lifeblood of many trading platforms, and their presence (or lack of it)
separates strong exchanges from weak ones. Wait for part 2 Lets keep learning
together 🧡 #Crypto_Angel
2 hours ago
CryptoNugget
🚨 BREAKING 🚨 X VERIFIED ORGANIZATION SCAM ALERT Yesterday i almost fell for a
scam by an impersonator verified organisation account with a yellow X formerly
Twitter subscription ticker, i was almost lured to participate in the thing they
mentioned me to participate on X. Remember that X formerly Twitter placed the
price of Organisation verified subscription at $1,000/month to help reduce
impersonation but scammers even upped their game by paying for the sub to keep
impersonating and causing more harm. One must be very careful and watchful on X
especially when it has to do with financial Organisation because the
impersonation is on the rise. How TO Detect Scam Impersonating Organisation: 1️⃣
They will post about Giveaways and Airdrops then turn off commenting on their X
account. 2️⃣ They will mention you on X formerly Twitter to claim a prize you
never worked for. 3️⃣ Their username or display name will not be spelt correctly
which will be quite obvious if you look closely. 4️⃣ Click on their profile then
tap on the verified yellow tick to confirm if the affiliation tallies with the
name of the mother organisation, let's take Binance for example: You will see
this if you check on any account that has genuine affiliation with Binance "This
account is verified because it's an affiliate of @binance on X. Learn more. This
account is affiliated with Binance". But if it's an impersonator the Affiliation
name will show a different name from Binance. Stay safe and Alert. $CYBER $SYS
$BNB
2 days ago
Lolliey
Finding a Crypto Mentor is Hard! When you are a newbie investor, You are most
likely to be confused about the best ways to build a well balanced crypto
portfolio. It’s not easy to find someone that will take out time to break it
down and educate about the things you should do and what not to do. However, I
have one tip that could help you get answers to some of the confusing questions
you may have about investing and crypto trading. It’s by simply looking out for
the e-mails of crypto content creators and then you send them a mail about the
questions you have.
3 days ago
FortuneNode
I started trading for a living having this as my main source of income in 2019
👀 If trading fulltime is something that interests you or maybe it is your dream
just like it was mine Keep reading to learn how you can make it happen for
yourself 👇 Have a couple years consistent profitability under your belt first
Don't just quit your job because you had a couple good weeks or good months Give
it time to see how you perform in different market conditions Have at the very
least a years living expenses put away saved The more the better The worst place
you can trade from is a needy place You will make emotional decisions because
rent is around the corner Having ample savings solves this Have a big enough
account This will vary for everyone depending on where you live your lifestyle
etc But get your account to the point where a 2-6% average monthly gain can
easily pay your bills Some of you may still be lost though in regards to finding
an edge to trade I will post a seperate idea for that... Having trading as your
main source of income is a big leap And many will try discourage you Their heart
may be in the right place but if your like me there was no plan b this is what I
wanted to do and I made it happen And I know you can too Now make it happen
12 hours ago
Chumba Money
Here are some tips on how to become successful and grow your portfolio in the
next crypto bull run: Do your research. Before you invest in any cryptocurrency,
it's important to do your research and understand the underlying technology, the
project's team, and the market conditions. This will help you make informed
investment decisions and avoid scams. Invest in the right cryptocurrencies. Not
all cryptocurrencies are created equal. Some are more likely to succeed than
others. Focus onwell-established cryptocurrencies with proven track records,
such as Bitcoin and Ethereum. You can also invest in up-and-coming
cryptocurrencies with promising technology and strong community support.
Diversify your portfolio. Don't put all your eggs in one basket. Spread your
investments across different cryptocurrencies, as well as other asset classes,
such as stocks and bonds. This will help you reduce your risk and maximize your
potential gains. Use dollar-cost averaging. This is a strategy of investing a
fixed amount of money into a cryptocurrency on a regular basis, regardless of
the price. This helps you average out your cost and avoid buying high and
selling low. Have a long-term perspective. The crypto market is volatile and
there will be ups and downs. Don't panic sell if the price of a cryptocurrency
goes down. Remember that the long-term trend for cryptocurrencies is up.
Practice good risk management. Only invest money that you can afford to lose.
Set stop-loss orders to limit your losses and take profits when you reach your
target. It's also important to remember that there is no guarantee of success in
the crypto market. Even if you follow all of these tips, there is still a risk
of losing money. However, by following these tips, you can increase your chances
of success and grow your portfolio in the next crypto bull run.
3 days ago
Remotecrypto
Latest P2P Scam: "Proof of Payment" Scam Peer-to-peer (P2P) payments are a
convenient way to send and receive money online. However, scammers are always
looking for new ways to exploit people, and P2P payments are no exception. One
of the latest P2P scams is called the "proof of payment" scam. In this scam, the
scammer will send you a fake screenshot of a bank transfer or other payment
confirmation. They will then ask you to release the crypto or goods that you are
selling before they have actually received the payment. Once you release the
crypto or goods, the scammer will disappear and you will never see your money or
belongings again. Here are some tips to avoid the "proof of payment" scam: Never
release the crypto or goods until you have received the payment in your account.
Do not accept screenshots or other forms of "proof of payment" as confirmation
that the payment has been made. Only trade with people who have a good
reputation and a high number of positive reviews. If you think you have been
scammed, report the incident to the P2P platform and to the authorities. Here
are some other common P2P scams to be aware of: Binance CS impersonation scam:
The scammer will impersonate a Binance customer support officer and ask you to
share your personal information or make a payment. Paid but canceled scam: The
scammer will accept your payment but then cancel the order. They may claim that
there was a technical error or that they no longer want to sell the goods. Fake
job scam: The scammer will offer you a job that requires you to make P2P
payments. Once you have made the payments, they will disappear. By being aware
of these scams, you can protect yourself from becoming a victim. If you think
you have been scammed, you should report it to the P2P platform and to the
authorities. You should also contact your financial institution to see if there
is anything they can do to help you. #cryptocurrency #BinanceTournament #BTC
17 hours ago
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