How to cut losses and make money in the red market?
It is time for a correction in the cryptocurrency field, but this is not yet a verdict.

Earning on the growth of the price of tokens is not the only opportunity to benefit in the world of crypto.

✊ Our users invest their tokens in farming and staking so that their assets do not stand idle in wallets, but work for them.

The more tokens you put into the pool, the more rewards you will get.

📄 Read more about what is staking and farming and how to make money on it:
https://nomiswap.gitbook.io/home/referral-system/3-sources-of-referral-rewards

👍 Earn with Nomiswap:
nomiswap.io

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
📈 Trade on Nominex:
nominex.io/markets

🔷 Nvidia made restrictions for video cards due to mining, but it did not work.

🔷 Experts predict the growth of the Bitcoin ATM market to $2.5 billion by 2026.
nominex.io/markets/BTC/USDT

🔷 Goldman Sachs employees believe that the growth in popularity of bitcoin among private and institutional investors will not protect the price of the coin from a collapse.

🔷 Johnny Depp put up for sale his paintings in the form of NFT.

🔷 LeBron James made a deal with Crypto com.

🔷 Whales doubled the amount of ADA on their wallets in 10 days.

🔷 Also, the whales bought 60 thousand Bitcoins in 2 months.

🔷 The IMF recommended that El Salvador abandon bitcoin, but residents are not going to do this.

💵 Trading on Nominex is more profitable:
nominex.io/markets

In Nominex/Nomiswap you receive 2 types of referral rewards: Rewards for activity of your own referrals and for activity of your whole referral structure (binary tree) — Team Rewards.

Your own referrals — people who started to use the platform with your referral link.

🔷 Referral Trading Reward — you get this reward when your own referral pays trading fees on Nominex or Nomiswap.

🔷 Referral Farming Reward — you get this reward when your own referrals farm tokens on Nomiswap.

🔄 Exchange tokens on Nomiswap:
nomiswap.io

📖 Read more about referral reward with examples:
https://nomiswap.gitbook.io/home/referral-system/rewards-for-own-referrals

In Nomiswap rewards coming soon, in DEX v 2.0, stay tuned!

President of El Salvador Nayib Bukele is confident in the future of bitcoin and believes that soon whales around the world will buy this digital asset, which will lead to a shortage of digital currency and a price surge.

💬 «There are more than 50 million millionaires in the world. Suppose each of them wants to own at least 1 BTC. At the same time, the maximum number of bitcoins is 21 million. Coins will not be enough even for half of them. A huge increase in the price of bitcoin is only a matter of time», Bukele said in a tweet.

Despite the depreciation of BTC, in January the government of the country purchased another 410 BTC for $15 million.

However, the International Monetary Fund urged the President of El Salvador to refuse to support cryptocurrencies, recalling that in 2020 El Salvador asked the IMF for $1.3 billion.

💵 Buy BTC on Nominex:
nominex.io/markets/BTC/USDT

What are your predictions for BTC? Do you agree with El Salvador?

Simple Farming mode

🚜 We continue our educational section and want to remind you that our exchange has a Simple Farming mode.

Simple mode allows you to start farming with just a few clicks. All funds are managed by Nominex.

⚙️ Now you do not need to understand the complicated technologies and processes of crypto trading (especially if you are a beginner or want to attract your friends to register using a referral link).

📘 For detailed step-by-step instructions, see our knowledge base:
https://support.nominex.io/en-us/article/188-simple-farming

Farming Pool NMX-USDT:
https://nominex.io/my/nmx/personal-staking

Leveraged trading in the cryptocurrency market allows investors to make instant trades with capital borrowed from brokers. These funds usually exceed the balance of investors accounts.

It is a great way to maximize profits by increasing purchasing power and an investor can get a good deal for a small amount of money.

📈 The essence of trading with leverage is to allow you to increase the potential profit, (but also risks) several times compared to the amount needed to enter the trade.

For example: without leverage, you buy one bitcoin contract for $8,000 and make a profit of $50 by selling it for $8,050.
With leverage, you will buy an $80,000 contract for $8,000, then sell it for $8,050. Since you are trading with a 10x margin, the profit and increases by 10x, which is $500 here.

This #tutorial is another step on the way to the world of trading.

👍 Trade on the Nominex exchange, because we have the most favorable conditions!
nominex.io/markets

Team Rewards — rewards from activities of all people under you on all referral revels in your whole referral structure.

You rewarder even from people who were not registered by your referral link. While many referral systems of other projects allow you to earn only from up to 3 referral levels here in Nomiswap you are not limited at all.

🔷 Team reward is based on the “Weak” Team.
Weak team is one of the two teams where the total amount of calculated value is less than on another team.

🔷 Limitation of total Team reward for all participants — to make total rewards predictable we only paid out rewards which in sum are not more than special value. If total reward exceeds the limit value then a proportional algorithm is used to calculate the reward size for each team reward participant.

There two types of Team rewards (described in details in next articles):
• Team Trading Reward
• Team Farming Reward

👥 Invite friends with your referral link:
nomiswap.io

How to reduce trading fees?
Nominex offers 3 ways to reduce trading fees. Let's take a closer look at each of them

1️⃣ Reduced trading volume fees

This method includes increasing trading volume and holding NMX tokens. The size of the commission depends on these two factors.
On the page https://nominex.io/en/fees/, the table shows all levels and the corresponding amount of commission for each level

2️⃣ Reduced fees when paying with NMX tokens

If you hold NMX in your account and have enabled the option to pay commissions to them. Commissions in this case will be automatically deducted from your NMX balance and you will receive a 50% discount on them

3️⃣ Reduced fees for NMX holders

You need to become a liquidity provider (invest in the pool 2 currencies in half - USDT and NMX).
The amount of the discount will depend on your level of farming, i.e. the amount of funds deposited in liquidity pools for NMX farming

📖 More with examples:
https://support.nominex.io/en-us/article/66-how-to-reduce-trading-fees

Trading on margin increases your profits, but also carries great risks
This #tutorial contains the main tips to avoid big losses:

🔷 Stop Loss
This is a tool for closing a deal at a certain price level, necessary to avoid large losses.

🔷 Profit taking
Here, on the contrary, you set this command to close positions when the profit reaches a certain level.

🔷 Don't risk too much
As a rule, it is not rational to risk more than 5% of your account.

🔷 Negative balance protection
Some trading platforms compensate losses and reduce your equity to zero if it goes negative.

👍 Trading on Nominex is more profitable:
nominex.io/markets

And what was the maximum leverage that brought you profit or vice versa? Let's share our experience with each other

Team Trading Reward — you get this reward when your both referral Teams trade on Nomiswap or Nominex and pay trading fees.

You get this reward every day at 0:00 UTC. All paid fees are summarized in the left and right team separately for the past day and you are rewarded with a certain percent of the paid fees amount of the “weak” team. Weak team is the team which paid less fees in the past day than your second team.

This percent depends on your own farming level — in other words on how much value you keep in liquidity pools and launchpools.

👍 Exchange on Nomiswap:
nomiswap.io

📖 Read more with example:
https://nomiswap.gitbook.io/home/referral-system/team-rewards-expand/team-trading-reward

Team Farming Reward — you get this reward when your both referral Teams farm tokens on Nomiswap. You get this reward every day at 0:00 UTC.

👥 All farmed tokens are summarized in the left and right team separately for the past day and you are rewarded with a certain percent of the farmed amount of the “weak” team.

Weak team is the team which farmed in the past day less than another team. This percent depends on your own farming level — in other words on how much value you keep in liquidity pools and launchpools.

🔄 Exchange on Nomiswap:
nomiswap.io

📖 Read more with examples:
https://nomiswap.gitbook.io/home/referral-system/team-rewards-expand/team-farming-reward