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

Up or down?

The managing director of Bloomberg says that in the next few months, the price of bitcoin with a "good probability" may fall to a local minimum, but investors should proceed with caution.

📈 In recent days, the bitcoin rate has stabilized after falling below $33k and is currently trading at $36.7k. Bloomberg says that this small bounce may be false and does not indicate the beginning of an “interim rally”.

There is also an opinion of other cryptanalysts that the scenario of an increase in the bitcoin rate from $35-36k is more likely than a decrease to $30k. The DXY dollar index plays an important role in the crypto market — a decrease in this indicator may mark an increase in risky assets, including digital ones.

👍 It is more profitable to exchange BTC on Nominex:
nominex.io/markets/BTC/USDT

Nominex is the official broker of Binance.
We managed to take the best without losing our uniqueness.

Let's take a closer look at what comes together:

1️⃣ You can use Binance trading tools and liquidity directly on the Nominex exchange.

2️⃣ Thanks to Nominex farming, you can trade on Binance without trading fees.
This opens up the possibility for users to use the unique features of the two sites at the same time.

3️⃣ In the near future, Nominex will provide additional value in the form of new trading tools: semi-automatic trading bots, copy trading and much more.

4️⃣ Do not forget about Nominex's unique feature - its utilitarian farming.

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

📖 Read more about the brokerage, with examples:
https://support.nominex.io/en-us/article/205-binance-brokerage-program

Differences Between Bitcoin & Ethereum
#Tutorial on major currencies

🔷 The number of Bitcoin coins in the world is limited, 18 million bitcoins have been mined and only 3 million of them are waiting. But the number of Ethereum coins is unlimited. But mining and production of Ethereum coins strictly controlled and supervised.

🔷 While Ethereum is currently $2.8k, Bitcoin equals over $37.9k.

🔷 While generating every 3 ethers takes only 15 seconds, Bitcoin miners generate 12.5 bitcoins every 10 minutes.

🔷 Bitcoin miners create a new block every 10 minutes, while Ethereum miners create every one 15 seconds.

🔷 While bitcoin is just a means of payment, Ethereum is a programming platform where you can write applications.

🔷The bitcoin’s hash algorithm is SHA-256 which can be run only with special hardware called ASIC. The Ethereum’s hash algorithm is Ethash which has a very strong memory capacity.

1️⃣ Buy BTC:
nominex.io/markets/BTC/USDT
2️⃣ Buy ETH:
nominex.io/markets/ETH/USDT
🔄 Buy on DEX:
nomiswap.io/swap

Nominex is an official Binance broker, but with more favorable conditions.
👍 We have the reliability of Binance, but with the ability to reduce fees down to 0%, as well as unique referral farming and much more.

You can use cashback with and without payment included in NMX.

🔷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.

📖 More:
https://bit.ly/3nJCbx8

🔥 Trading with Nominex is more profitable:
nominex.io/markets

Example with Team Farming
Daily Team Farming pool is 3400 NMX.

There are 3 participants who qualified to get Team Farming reward (when a weak team farmed more than 0 NMX for the past day).

1️⃣ participant: weak team farmed 20000 NMX, own farming level is MAX (10% reward), resulting reward should be 10% from 20000 NMX = 2000 NMX.

2️⃣ participant: weak team farmed 25000 NMX, own farming level is PRO (6% reward), resulting reward should be 6% from 25000 NMX = 1500 NMX.

3️⃣ participant: weak team farmed 14000 NMX, own farming level is ELITE (8% reward), resulting reward should be 8% from 14000 NMX = 1120 NMX.

Total reward sum is 2000+1500+1120 = 4620 NMX. But the whole maximum pool for Team Farming reward is 3400 NMX which is less than needed.

📖 What will be the reward in this case?
Read more:
https://nomiswap.gitbook.io/home/referral-system/team-rewards-expand/proportional-reward-distribution

Analysts on Twitter sum up the results of the daily market review
NMX entered the TOP-2 in terms of daily trading volumes on PancakeSwap

According to calculations for 24 hours, the turnover amounted to $537k. Only Binance's BNB is ahead of our native token with a result of $656k.

📊 Tweet with statistics:
https://twitter.com/hc_researcher/status/1490299897932775426?s=21

✔️Remember that you can purchase NMX on our Nomiswap DEX:
nomiswap.io/swap
✔️You can also buy NMX at Nominex CEX:
nominex.io/my/nmx/

What is staking?
First, in Nomiswap it is a decent passive income opportunity

Staking replaces mining excluding energy costs. This is the process by which an investor deposits their tokens to the exchange for a reward in the form of new tokens. It is like a bank deposit where you invest one currency, keep it on the exchange and get a percentage of profitability for it.

If you own an NMX token in your wallet, why not let it work for you? Let the assets not lie idle, but generate income, for this there is a launchpool.

💵 Are you looking for an opportunity to earn passive income without unnecessary technical difficulties, but with a good profit?
You can invest in native NMX token staking and earn with an excellent annual percentage, which is currently 222%

All you have to do is connect your wallet, buy NMX and stake them. Thus, you develop our project and earn.

🔥Start staking:
https://nomiswap.io/pools

This is not financial advice. Take your risks consciously.

Bitcoin showed growth trends since January 24 and managed to break through the resistance line on February 4

BTC has long been declining along the descending resistance line, which has been on the chart since November 2021, when its price set an all-time high at $69k. As a result of this decline, on January 24, Bitcoin updated a local low of $32.9k, after which it bounced off and began to grow. The first cryptocurrency has already bounced off this resistance line three times.

Now BTC has formed a big bullish candle on the chart, breaking through the horizontal resistance around $40.8k. Now this line can become support.

✊ And the resistance is now at $46.8k and $51k.

Judging by the daily chart, Bitcoin is in for a bullish breakout. Thus, the market can target the resistance levels indicated above: $46.8k and $51k.

👍 BTC trading is more profitable on Nominex:
nominex.io/markets/BTC/USDT

Do you hold bitcoin or sell it?