The #tutorial for those who want to manage risks
Excitement is a psychological state in which a person tries to surpass his or someone else's success at any cost.
⚠️ When a trader is at risk
• After a series of unsuccessful deals, you often want to recoup. Orders start to open impulsively.
• Several trades with good profit, and it may feel like today is “my day”.
• Treating trading as a game — the trader ceases to follow the rules of the system and to react to signals from technical analysis.
👊 How to deal with trading excitement
✔️ Carefully analyze the market — if there is no entry signal, you shouldn't think out the market picture, wait.
✔️ If emotions start to overwhelm, take a break, stop trading.
✔️ Try to follow the principles of money management — the amount of one transaction should not exceed 5-7% of the total deposit amount. When opening several positions, try not to risk the amount more than 8-9%.
✔️ Sign up for our trading course, where we teach you not to play, but to invest.
Excitement is a psychological state in which a person tries to surpass his or someone else's success at any cost.
⚠️ When a trader is at risk
• After a series of unsuccessful deals, you often want to recoup. Orders start to open impulsively.
• Several trades with good profit, and it may feel like today is “my day”.
• Treating trading as a game — the trader ceases to follow the rules of the system and to react to signals from technical analysis.
👊 How to deal with trading excitement
✔️ Carefully analyze the market — if there is no entry signal, you shouldn't think out the market picture, wait.
✔️ If emotions start to overwhelm, take a break, stop trading.
✔️ Try to follow the principles of money management — the amount of one transaction should not exceed 5-7% of the total deposit amount. When opening several positions, try not to risk the amount more than 8-9%.
✔️ Sign up for our trading course, where we teach you not to play, but to invest.
Daily cashback for new trading pairs
🔥 This is another release of the Binance Broker Program. Now you can reduce your trading commission with new assets up to 0%.
🔷If you do NOT use NMX to pay fees:
1. We will charge the usual Binance commission in the currency of the pair.
2. Once a day, we will compensate the difference between Binance's fees and ours, and your current farming discount will be returned to you in NMX.
🔷 If you DO use NMX to pay fees:
1. We will charge the usual Binance commission in the currency of the pair.
2. We immediately write off 50% of this commission in NMX.
3. After that, once a day, we will fully compensate Binance's commission in NMX.
Cashback has been introduced for existing trading pairs with BUSD, for other pairs, it will work after transferring assets to the functionality of the Binance Broker Program.
We will also be gradually plugging Binance liquidity into existing pairs.
We are constantly working on new improvements, stay tuned!
📖 More:
https://bit.ly/3nJCbx8
🔥 This is another release of the Binance Broker Program. Now you can reduce your trading commission with new assets up to 0%.
🔷If you do NOT use NMX to pay fees:
1. We will charge the usual Binance commission in the currency of the pair.
2. Once a day, we will compensate the difference between Binance's fees and ours, and your current farming discount will be returned to you in NMX.
🔷 If you DO use NMX to pay fees:
1. We will charge the usual Binance commission in the currency of the pair.
2. We immediately write off 50% of this commission in NMX.
3. After that, once a day, we will fully compensate Binance's commission in NMX.
Cashback has been introduced for existing trading pairs with BUSD, for other pairs, it will work after transferring assets to the functionality of the Binance Broker Program.
We will also be gradually plugging Binance liquidity into existing pairs.
We are constantly working on new improvements, stay tuned!
📖 More:
https://bit.ly/3nJCbx8
Eat your tool on a bet?
With such a price for one Bitcoin, the capitalization of the network should have amounted to $ 8,000,000,000,000. For comparison, this is twice the GDP of Japan.
Whether McAfee kept his promise or not is not known for certain. His fate turned out to be as dramatic as it was non-trivial.
Weekend category: #memes
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Nominex Useful Links
With such a price for one Bitcoin, the capitalization of the network should have amounted to $ 8,000,000,000,000. For comparison, this is twice the GDP of Japan.
Whether McAfee kept his promise or not is not known for certain. His fate turned out to be as dramatic as it was non-trivial.
Weekend category: #memes
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Nominex Useful Links
The last day we have been experiencing liquidity problems.
At the moment, we have restored liquidity for the most traded pairs, but it is now less than it was before.
We continue to work on a full recovery of liquidity to its previous level.
But you can trade and withdraw now.
BUSD trading pairs continue to operate with maximum liquidity on the Binance exchange, but there are other issues with withdrawal on these pairs. Therefore, for now, we ask you to refrain from trading pairs with BUSD.
We try to resolve all problems as quickly as possible and will keep you updated.
We apologize for any inconvenience caused.
At the moment, we have restored liquidity for the most traded pairs, but it is now less than it was before.
We continue to work on a full recovery of liquidity to its previous level.
But you can trade and withdraw now.
BUSD trading pairs continue to operate with maximum liquidity on the Binance exchange, but there are other issues with withdrawal on these pairs. Therefore, for now, we ask you to refrain from trading pairs with BUSD.
We try to resolve all problems as quickly as possible and will keep you updated.
We apologize for any inconvenience caused.
During the popularization of ICOs, out of thousands of fraudulent projects, one company went down in history with its obvious lie.
This story has become a legendary illustration of both the arrogance and laziness of scammers and the notorious gullibility of investors who put their money into a fake project without any understanding. Despite obvious lies, MIROSKII managed to raise a total of $830,000.
Category #memes
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Nominex Useful Links
This story has become a legendary illustration of both the arrogance and laziness of scammers and the notorious gullibility of investors who put their money into a fake project without any understanding. Despite obvious lies, MIROSKII managed to raise a total of $830,000.
Category #memes
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Nominex Useful Links
🕹 The world of crypto is constantly evolving, NFT games are one of the trends in this direction. The amount of transactions in NFT games per month is over $ 800 million.
Which one did you play?
Which one did you play?
Anonymous Poll
31%
Axie Infinity
5%
Town star
7%
Splinterlands
10%
Gods unchained
13%
Alien worlds
7%
Other (answer in comment)
50%
I don't play games
Mark Zuckerberg is no longer the head of Facebook
He now runs Meta. In fact, it is just a rebranding.
♾ Zuckerberg himself puts a deep meaning into this. Now we are talking no longer about the social network, but about the so-called metaverse.
Within its framework, it is planned to combine and visualize all the functionality from the world of the crypto. In fact, this is a new platform with a fundamentally different interface.
📊 In a letter to investors, Mark personally confirmed that the metaverse will deal with crypto. According to him, the platform should support crypto assets, including NFT.
What prospects do you see in this? What assets do you plan to buy into your future metaverse?
___________________
Useful links Nominex
He now runs Meta. In fact, it is just a rebranding.
♾ Zuckerberg himself puts a deep meaning into this. Now we are talking no longer about the social network, but about the so-called metaverse.
Within its framework, it is planned to combine and visualize all the functionality from the world of the crypto. In fact, this is a new platform with a fundamentally different interface.
📊 In a letter to investors, Mark personally confirmed that the metaverse will deal with crypto. According to him, the platform should support crypto assets, including NFT.
What prospects do you see in this? What assets do you plan to buy into your future metaverse?
___________________
Useful links Nominex
6 ways to avoid psychological traps
#tutorial
1. Understanding your own psycho type
The following types are most often taken into account:
-intellectual;
-intuitive;
-instinctive;
This knowledge will help you find the market and strategies that are right for you.
2. Emotional control
Successful traders can track when emotions are blocking their minds and have practices to help them return to rational trading.
3. Work on mistakes
Many people record deals on video and analyze the recordings at the end of the week.
4. Technology limits and restrictions
Pre-set limits will ensure that you cannot lose too much.
5. Community support
When communicating, experienced traders can notice alarming signals in the behavior of their colleagues and track, as well as help with adaptation to the market.
6. Knowledge and systems approach
The ability to apply theory at the right time will help you avoid mistakes in the future.
📘 Learn:
https://nominex.io/my/education/courses/1
📰 Follow the news:
https://bit.ly/3CDJUDj
#tutorial
1. Understanding your own psycho type
The following types are most often taken into account:
-intellectual;
-intuitive;
-instinctive;
This knowledge will help you find the market and strategies that are right for you.
2. Emotional control
Successful traders can track when emotions are blocking their minds and have practices to help them return to rational trading.
3. Work on mistakes
Many people record deals on video and analyze the recordings at the end of the week.
4. Technology limits and restrictions
Pre-set limits will ensure that you cannot lose too much.
5. Community support
When communicating, experienced traders can notice alarming signals in the behavior of their colleagues and track, as well as help with adaptation to the market.
6. Knowledge and systems approach
The ability to apply theory at the right time will help you avoid mistakes in the future.
📘 Learn:
https://nominex.io/my/education/courses/1
📰 Follow the news:
https://bit.ly/3CDJUDj
🔷 Real Squid Game
On November 1, the SQUID token suddenly rose 77 times, to $2856.54, and then fell to 5 cents in 10 minutes. The project site also stopped working. Experts believe that this is a typical scam. Be careful.
🔷 Metaverse
According to Mark, his future metaverse should have expanded the functionality of blockchain platforms, providing for both the creation of smart contracts and the creation of decentralized autonomous organizations.
🔷 New maximum of ETH?
Ethereum's price could rise to $8000 by the end of the year. This point of view is shared by the managing director of global markets of the investment bank Goldman Sachs Bernard Rzimelka
🔷 New crypto era
According to research, 49% of Gen Y people reported that they are comfortable investing in digital assets. 12% named cryptocurrency as the best way for long-term investments.
🔷 Robinhood and burgers
Burger King will distribute 20 BTC to its customers, as well as 200 ETH and two million DOGE. It is a collaboration with Robinhood.
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Links
On November 1, the SQUID token suddenly rose 77 times, to $2856.54, and then fell to 5 cents in 10 minutes. The project site also stopped working. Experts believe that this is a typical scam. Be careful.
🔷 Metaverse
According to Mark, his future metaverse should have expanded the functionality of blockchain platforms, providing for both the creation of smart contracts and the creation of decentralized autonomous organizations.
🔷 New maximum of ETH?
Ethereum's price could rise to $8000 by the end of the year. This point of view is shared by the managing director of global markets of the investment bank Goldman Sachs Bernard Rzimelka
🔷 New crypto era
According to research, 49% of Gen Y people reported that they are comfortable investing in digital assets. 12% named cryptocurrency as the best way for long-term investments.
🔷 Robinhood and burgers
Burger King will distribute 20 BTC to its customers, as well as 200 ETH and two million DOGE. It is a collaboration with Robinhood.
_____
Links
📊 Polygon is a network of secure second-tier solutions and autonomous sidechains. Its goal is to increase the scalability of Ethereum and reduce the cost of transactions. Essentially, Matic aims to provide the infrastructure to overcome traditional ecosystem performance bottlenecks so that all types of DApps can handle large volumes of users.
⚙️ MATIC is a utility token used in the Polygon ecosystem. It has a number of use cases including paying network transaction fees and participating in the Polygon Proof-of-Stake consensus mechanism. MATIC has also been integrated into several external platforms as a payment method.
The popular cryptocurrency Polygon (MATIC) rose nearly 29% to $2.24 on October 29.
At the moment it is traded on our exchange at the level of $2.
⬇️ #Pair MATIC / BUSD on Nominex:
https://nominex.io/ru/markets/MATIC/BUSD
⚙️ MATIC is a utility token used in the Polygon ecosystem. It has a number of use cases including paying network transaction fees and participating in the Polygon Proof-of-Stake consensus mechanism. MATIC has also been integrated into several external platforms as a payment method.
The popular cryptocurrency Polygon (MATIC) rose nearly 29% to $2.24 on October 29.
At the moment it is traded on our exchange at the level of $2.
⬇️ #Pair MATIC / BUSD on Nominex:
https://nominex.io/ru/markets/MATIC/BUSD
Ethereum is updating its maximum.
Its price exceeded $4600
On November 3, the price of Ethereum, the second largest cryptocurrency by capitalization, reached $4,639, updating its all-time high. Now on our exchange, the price of ETH varies around $4580. Capitalization of the asset reached $537 billion.
🔝 It is also worth noting that at the end of October, Ethereum outstripped Bitcoin in terms of price growth rates with an indicator of 42.9 % versus 39.9 %, respectively.
Earlier, the director of global markets at the Goldman Sachs investment bank, Bernard Rzimelka, allowed the Ethereum rate to rise to $8,000 by the end of 2021.
❓What are your forecasts for this asset?
Exchange ETH on Nominex:
https://nominex.io/markets/ETH/USDT
Its price exceeded $4600
On November 3, the price of Ethereum, the second largest cryptocurrency by capitalization, reached $4,639, updating its all-time high. Now on our exchange, the price of ETH varies around $4580. Capitalization of the asset reached $537 billion.
🔝 It is also worth noting that at the end of October, Ethereum outstripped Bitcoin in terms of price growth rates with an indicator of 42.9 % versus 39.9 %, respectively.
Earlier, the director of global markets at the Goldman Sachs investment bank, Bernard Rzimelka, allowed the Ethereum rate to rise to $8,000 by the end of 2021.
❓What are your forecasts for this asset?
Exchange ETH on Nominex:
https://nominex.io/markets/ETH/USDT
The main enemies of the trader
#tutorial
🔷 FOMO. Fear of Missing Out
A trader is afraid of missing out on another profit and, without sufficient analysis, enters the market at the moment of greatest risk. Immediately after this, the trader receives a surge of positive emotions, after which he can be in a state of denial for a long time that he made a mistake, and this is burdened by a lack of vision of how the situation can be corrected.
🔷 Tilt. Emotional addiction
When faced with sudden luck, a trader can feel like he understands the market 100%. Irrational self-confidence leads to hasty opening or closing of positions. Faced with a series of losses, there may be a desire to urgently recoup the loss.
🔷 Magical thinking. Reluctance to take responsibility
The danger is expressed in the fact that a trader can lose faith in his own knowledge and skills, taken for the belief that nothing depends on him, and, therefore, start playing for luck.
🖥 Become a pro:
https://nominex.io/my/education/courses/1
#tutorial
🔷 FOMO. Fear of Missing Out
A trader is afraid of missing out on another profit and, without sufficient analysis, enters the market at the moment of greatest risk. Immediately after this, the trader receives a surge of positive emotions, after which he can be in a state of denial for a long time that he made a mistake, and this is burdened by a lack of vision of how the situation can be corrected.
🔷 Tilt. Emotional addiction
When faced with sudden luck, a trader can feel like he understands the market 100%. Irrational self-confidence leads to hasty opening or closing of positions. Faced with a series of losses, there may be a desire to urgently recoup the loss.
🔷 Magical thinking. Reluctance to take responsibility
The danger is expressed in the fact that a trader can lose faith in his own knowledge and skills, taken for the belief that nothing depends on him, and, therefore, start playing for luck.
🖥 Become a pro:
https://nominex.io/my/education/courses/1
🏢 Vitalik Buterin envisions not just improving the existing urban infrastructure but creating completely new cities in which all decisions will be made through autonomous organizations (DAO) built on the blockchain.
Buterin claims that crypto cities will help achieve the following results in the future:
• Promote economic interaction between residents and local authorities.
• Increase the well-being of all stakeholders.
• Encourage citywide social initiatives.
• Become a new source of income for the government.
• Reduce inequalities in wealth.
It is proposed to manage crypto cities using tokens. Such assets should be distributed among the residents of the city on the basis of the concept of an unconditional basic income.
Do you believe in this concept?
📊 Trade ETH on Nominex:
https://nominex.io/markets/ETH/USDT
Buterin claims that crypto cities will help achieve the following results in the future:
• Promote economic interaction between residents and local authorities.
• Increase the well-being of all stakeholders.
• Encourage citywide social initiatives.
• Become a new source of income for the government.
• Reduce inequalities in wealth.
It is proposed to manage crypto cities using tokens. Such assets should be distributed among the residents of the city on the basis of the concept of an unconditional basic income.
Do you believe in this concept?
📊 Trade ETH on Nominex:
https://nominex.io/markets/ETH/USDT
The work on the brokerage program continues
As part of its functionality, there will be some changes on the exchange.
The following pairs are on the delisting as they are not listed on Binance:
BSW, EXMR, REV, STM, TFB, YFI3, LEND, TRYB.
❗️Trading and deposits for these pairs will be stopped on November 9, and on December 1 they will be completely hidden, and it will be impossible to withdraw them.
Hurry up to sell or withdraw these tokens.
Also, when switching to the Binance Broker Program, we temporarily disable the trust assets mechanism, which was previously used to accrue prizes in demo tournaments. Starting from 05.11 demo tournaments will be held as before, but money for trust management will not be credited as prizes.
Real tournaments will also be temporarily suspended, as their work on the basis of the brokerage program will require improvements.
Binance Broker Program full release is coming soon!
As part of its functionality, there will be some changes on the exchange.
The following pairs are on the delisting as they are not listed on Binance:
BSW, EXMR, REV, STM, TFB, YFI3, LEND, TRYB.
❗️Trading and deposits for these pairs will be stopped on November 9, and on December 1 they will be completely hidden, and it will be impossible to withdraw them.
Hurry up to sell or withdraw these tokens.
Also, when switching to the Binance Broker Program, we temporarily disable the trust assets mechanism, which was previously used to accrue prizes in demo tournaments. Starting from 05.11 demo tournaments will be held as before, but money for trust management will not be credited as prizes.
Real tournaments will also be temporarily suspended, as their work on the basis of the brokerage program will require improvements.
Binance Broker Program full release is coming soon!
Tribune for our users
Friends, share with each other in the comments your experience in the crypto.
🔷 What assets are you buying;
🔷 What services do you use;
🔷 What is the most successful last deal;
🔷 What is the biggest failure and why;
🔷 Forecasts for the most promising tokens in your opinion, etc.
There are many topics for discussion. Feel free to express yourself, any experience can come in handy for fellow crypto in the trading world.
____________________________
Useful Nominex Resources
Friends, share with each other in the comments your experience in the crypto.
🔷 What assets are you buying;
🔷 What services do you use;
🔷 What is the most successful last deal;
🔷 What is the biggest failure and why;
🔷 Forecasts for the most promising tokens in your opinion, etc.
There are many topics for discussion. Feel free to express yourself, any experience can come in handy for fellow crypto in the trading world.
____________________________
Useful Nominex Resources
Fall to rise?
🚀 After Bitcoin reaches $100 thousand, many investors will begin to exit the asset, because they want to make money on the coin breaking an important maximum.
Big growth is always followed by a correction. An asset cannot stay for a long time only at low or high levels. A correction after $100,000 is inevitable, as investors' expectations of the coveted mark will attract many.
A large number of sell orders have already been placed in the range of $100-120 thousand. But it is obvious that it will be difficult for an asset to pass this important psychological mark, so corrections, rebounds, and other obstacles should be expected.
Now the price of Bitcoin on our exchange is around $ 62,000.
Trade BTC on Nominex:
https://nominex.io/markets/BTC/USDT
🚀 After Bitcoin reaches $100 thousand, many investors will begin to exit the asset, because they want to make money on the coin breaking an important maximum.
Big growth is always followed by a correction. An asset cannot stay for a long time only at low or high levels. A correction after $100,000 is inevitable, as investors' expectations of the coveted mark will attract many.
A large number of sell orders have already been placed in the range of $100-120 thousand. But it is obvious that it will be difficult for an asset to pass this important psychological mark, so corrections, rebounds, and other obstacles should be expected.
Now the price of Bitcoin on our exchange is around $ 62,000.
Trade BTC on Nominex:
https://nominex.io/markets/BTC/USDT
Many analysts predict Bitcoin will break the $100,000 mark, but the timing of the predictions is different.
When do you think BTC will hit the coveted $100,000 level?
When do you think BTC will hit the coveted $100,000 level?
Anonymous Poll
25%
Until the end of this year
31%
Early next year
21%
Mid 2022
17%
Late 2022
7%
Will not even reach next year
In 2014, one of the programmers of the Ethereum team, Charles Hoskinson, left the project and, together with his partner Jeremy Wood, founded the IOHK company, under the auspices of which the Cardano platform began to be created. This project can be called a competitor to Ethereum as a platform for smart contracts.
Cardano (ADA) is a cryptocurrency that gained momentum quickly after its launch on September 27, 2017. As a result, Cardano ranks among the 10 most valuable cryptocurrencies.
Cardano shows near-zero changes over the week, and over the last month, it has lost over 11%.
Now on our exchange, the asset is traded in the region of $2.
📊 #Pair ADA/BUSD on Nominex:
https://nominex.io/ru/markets/ADA/BUSD
Cardano (ADA) is a cryptocurrency that gained momentum quickly after its launch on September 27, 2017. As a result, Cardano ranks among the 10 most valuable cryptocurrencies.
Cardano shows near-zero changes over the week, and over the last month, it has lost over 11%.
Now on our exchange, the asset is traded in the region of $2.
📊 #Pair ADA/BUSD on Nominex:
https://nominex.io/ru/markets/ADA/BUSD
The meme itself appeared long before crypto – it is also known as “Feel Guy”, widely used in “I know that feel, bro” #memes. “Wojak” translates as “soldier” from Polish.
For the very first time meme appeared back in 2009 on the German imageboard Krautchan. In a discussion, the British user Falco drew this face in MS Paint to troll the Polish user who badly spoke English. This user went by the nickname of Wojak. Soon, the image spread far beyond Krautchan and was no longer used in its original meaning, while retaining its name.
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Nominex Useful Links
For the very first time meme appeared back in 2009 on the German imageboard Krautchan. In a discussion, the British user Falco drew this face in MS Paint to troll the Polish user who badly spoke English. This user went by the nickname of Wojak. Soon, the image spread far beyond Krautchan and was no longer used in its original meaning, while retaining its name.
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Nominex Useful Links
He simply put up a legal pad with two words – “Buy Bitcoin”. It was on the air live for just a couple of seconds, but that was enough to become the most influential crypto event of 2017. Shortly after that, security escorted him out of the hall. But his actions already had consequences – the price of Bitcoin on that day went up by 3.5%.
#Memes
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#Memes
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Nominex Useful Links