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.
β 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
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.
β 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
A small quiz on the knowledge of terminology.
π Who are the bulls in the market?
π Who are the bulls in the market?
Anonymous Quiz
32%
Traders who take great risks
3%
Emotional traders losing profits due to selling lows
8%
Short sellers
57%
Investor who thinks the market is poised to rise.
π¦ Not sure who to follow on Twitter?
We have prepared for you a list of Twitter accounts from the crypto world.
π Don't waste time searching β everything is ready.
βοΈ Subscribe to the list: https://twitter.com/i/lists/1434542680168620035
Who else would you like to see on this list? Answer in the comments β¬οΈ
We have prepared for you a list of Twitter accounts from the crypto world.
π Don't waste time searching β everything is ready.
βοΈ Subscribe to the list: https://twitter.com/i/lists/1434542680168620035
Who else would you like to see on this list? Answer in the comments β¬οΈ
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:
πΉ Lend and borrow cryptocurrency to earn interest through Compound and Aave.
πΉ Use crypto betting by the Augur
πΉ There will be a lottery with no loss - PoolTogether.
πΉ 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. βWrappedβ Bitcoin (WBTC)
5. Prediction Markets
You can also do yield farming with DeFi.
βοΈ Read more on our blog:
https://nominex.io/blog/education/what-are-defi-tokens/
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:
πΉ Lend and borrow cryptocurrency to earn interest through Compound and Aave.
πΉ Use crypto betting by the Augur
πΉ There will be a lottery with no loss - PoolTogether.
πΉ 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. βWrappedβ Bitcoin (WBTC)
5. Prediction Markets
You can also do yield farming with DeFi.
βοΈ 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 β 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?
β Amount of funds in farming (share of the liquidity pool).
β 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! π
We are sharing up-to-date information on the launch of the Brokerage program. The work is in progress, the dates have not changed β 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?
β Amount of funds in farming (share of the liquidity pool).
β 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! π
We would like to share with you some explanations about the functions of our chatbot that you can use when need be.
βοΈ 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 π
βReporting
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! βοΈ
βοΈ 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 π
βReporting
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! βοΈ
Russiaβs museum Hermitage Sold Digital Copies of Art as NFTs for $450 000.
How do you feel about NFT? Write in the comments if you have something in your collection. Are you planning to buy it?
How do you feel about NFT? Write in the comments if you have something in your collection. Are you planning to buy it?
Anonymous Poll
38%
Useless technology
49%
Very useful
13%
I don't know what it is
Index of fear and greed
This is the #tutorial for those who want to navigate market conditions and take benefit from analysis.
βοΈ 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.
π 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 6οΈβ£ parameters indicated below. The combination of the results of these indicators can form the final index figure for you.
β’ Volatility;
β’ Market size;
β’ Activity in the Social. networks and media;
β’ Domination;
β’ Trends;
β’ 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 β¬οΈ
https://nominex.io/blog/nominex/crypto-fear-and-greed-index/
_____________________________
Tournaments | Twitter | VK | FB
This is the #tutorial for those who want to navigate market conditions and take benefit from analysis.
βοΈ 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.
π 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 6οΈβ£ parameters indicated below. The combination of the results of these indicators can form the final index figure for you.
β’ Volatility;
β’ Market size;
β’ Activity in the Social. networks and media;
β’ Domination;
β’ Trends;
β’ 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 β¬οΈ
https://nominex.io/blog/nominex/crypto-fear-and-greed-index/
_____________________________
Tournaments | Twitter | VK | FB
Nominex Blog |
Crypto fear and Greed index
There are two effective rates in the financial and stock markets as defined by CNNMoney. These two rates are Fear and Greed Index, respectively.
Nominex in TOP 10 DeFi projects on International Business Times
πThe 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.
π¬ "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..."
βοΈ Read the article:
https://www.ibtimes.com/top-10-defi-projects-watch-q4-3297242
_____________________________
Tournaments | Twitter | VK | FB
πThe 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.
π¬ "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..."
βοΈ Read the article:
https://www.ibtimes.com/top-10-defi-projects-watch-q4-3297242
_____________________________
Tournaments | Twitter | VK | FB
International Business Times
Top 10 DeFi Projects To Watch In Q4
The DeFi industry first took off in 2020 and has captured the attention of millions of new users looking for both traditional and innovative financial services in a decentralized context.
How did you try to make money in the cryptocurrency world? What did you like more?
Write in the comments what advantages you find in this or that form of earnings
Write in the comments what advantages you find in this or that form of earnings
Anonymous Poll
30%
Trading
40%
Hodling
46%
Staking
12%
Mining
49%
Farming
3%
I'm just planning to start
#NMXFarmingNumbers
π’ NMX farming in numbers
π‘Current number of people farming NMX: 11239 (β¬οΈ +2)
π‘Pool size: $12 450 102 (β¬οΈ +$49 091)
π‘Current APY: 191 %
βAttention: 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:
π‘Direct referral farming: 2372 (+20)
π‘Team farming: 1704 (+11)
_____________________________
Tournaments | Twitter | VK | FB
π’ NMX farming in numbers
π‘Current number of people farming NMX: 11239 (β¬οΈ +2)
π‘Pool size: $12 450 102 (β¬οΈ +$49 091)
π‘Current APY: 191 %
βAttention: 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:
π‘Direct referral farming: 2372 (+20)
π‘Team farming: 1704 (+11)
_____________________________
Tournaments | Twitter | VK | FB
List of useful DeFi tutorials
Recently, we have released a decent number of posts that will simplify your life and allow you to delve into the crypto topic.
If you have devoted part of your life to passive earnings, then you should not do it backhand. If you are doing something, then do it consciously!
π Useful Crypto List:
About Nominex:
How to farm NMX DeFi?
About the NMX token
Nominex + Binance BP (Brokerage Program)
Liquidity pools
Online Trading Course
Demo tournaments
About wallets:
How to use MetaMask
How to transfer crypto to MetaMask
TrustWallet Guide
About DeFi:
What are smart contracts?
An introduction to arbitrage trading
The difference between farming and staking
Portfolio collection, risk diversification
How to reduce the risks of trading
The main features of DeFi and dApps
Fear and Greed Index
What other topics would you like to cover in more detail? Write in the comments!
_____________________________
Tournaments | Twitter | VK | FB
Recently, we have released a decent number of posts that will simplify your life and allow you to delve into the crypto topic.
If you have devoted part of your life to passive earnings, then you should not do it backhand. If you are doing something, then do it consciously!
π Useful Crypto List:
About Nominex:
How to farm NMX DeFi?
About the NMX token
Nominex + Binance BP (Brokerage Program)
Liquidity pools
Online Trading Course
Demo tournaments
About wallets:
How to use MetaMask
How to transfer crypto to MetaMask
TrustWallet Guide
About DeFi:
What are smart contracts?
An introduction to arbitrage trading
The difference between farming and staking
Portfolio collection, risk diversification
How to reduce the risks of trading
The main features of DeFi and dApps
Fear and Greed Index
What other topics would you like to cover in more detail? Write in the comments!
_____________________________
Tournaments | Twitter | VK | FB
π What is your path in the world of cryptocurrency? How did you come to this? Was everything calm, or are there events that overwhelmed you? Maybe you once got a serious jackpot?
Write your interesting stories about how you came to the game!
Write your interesting stories about how you came to the game!
Anonymous Poll
54%
Everything is going smoothly
46%
My story is crazy
#News
What do the media say about Nominex? We have collected the latest publications
π’ Our project is constantly present in the media space. In addition to the fact that we regularly advertise, large media constantly mention our exchange, token, or request expert comments from CEO Nominex.
All this means that the project is gaining credibility in the market, becoming more recognizable, and people trust it more.
We bring to your attention the first selection of the latest publications in the media.
News about the NMX token:
Coingape. Benefits of the NMX token
Newsbtc. Tokens with a profit of more than 1000%
Bitcoinist. NMX among the tokens with the best profitability
IHodl. NMX in the list of strong tokens during the correction
Bits.media. Comparison of NMX token with BNB
Coincodex. NMX in TOP 5 cryptocurrencies to invest in 2021
Coinpost. NMX is the world's first exchange token
Share our selections with your friends and on social networks. You just need to forward this message. These materials are useful for those who are new to Nominex.
From what media do you get information about news from the cryptocurrency market?
_________________________
Tournaments | Twitter | VK | FB
What do the media say about Nominex? We have collected the latest publications
π’ Our project is constantly present in the media space. In addition to the fact that we regularly advertise, large media constantly mention our exchange, token, or request expert comments from CEO Nominex.
All this means that the project is gaining credibility in the market, becoming more recognizable, and people trust it more.
We bring to your attention the first selection of the latest publications in the media.
News about the NMX token:
Coingape. Benefits of the NMX token
Newsbtc. Tokens with a profit of more than 1000%
Bitcoinist. NMX among the tokens with the best profitability
IHodl. NMX in the list of strong tokens during the correction
Bits.media. Comparison of NMX token with BNB
Coincodex. NMX in TOP 5 cryptocurrencies to invest in 2021
Coinpost. NMX is the world's first exchange token
Share our selections with your friends and on social networks. You just need to forward this message. These materials are useful for those who are new to Nominex.
From what media do you get information about news from the cryptocurrency market?
_________________________
Tournaments | Twitter | VK | FB
The number of women in the cryptocurrency world skyrocketed in 2020 and continues to grow today, according to Cointelegraph.
And let's find out how many women are in our project. Do you have any familiar crypto women?
And let's find out how many women are in our project. Do you have any familiar crypto women?
Anonymous Poll
92%
I am a man
8%
I am a woman
Real Arena Nominex: how it works
Our website hosts daily trading tournaments!
To participate in them:
πΉ Click the βJoin Tournamentβ button and trade as usual. All the profit goes to you, only here you can get even more for performance.
πΉ Now all your trades count towards participation in the tournament too
πΉ 48 hours after the start of the tournament, we will choose the winner, and you can immediately join the next tournament
Tournament period:
Start: 08:00 (UTC time).
Duration: 48 hours
π₯ Join and see the tournament table:
https://nominex.io/ru/tournaments/arenas/real/
π° Do you want to be on the list of winners too? Make a trading volume of 500+ USDT and you will be able to get qualified status, and with it all the chances of a real cash prize from the fund
π Prizes
1. $ 100
2. $ 60
3. $ 40
There are 30 prizes in total!
βοΈ You can read more about tournaments here.
Did you take part in them? How much did you manage to win?
Our website hosts daily trading tournaments!
To participate in them:
πΉ Click the βJoin Tournamentβ button and trade as usual. All the profit goes to you, only here you can get even more for performance.
πΉ Now all your trades count towards participation in the tournament too
πΉ 48 hours after the start of the tournament, we will choose the winner, and you can immediately join the next tournament
Tournament period:
Start: 08:00 (UTC time).
Duration: 48 hours
π₯ Join and see the tournament table:
https://nominex.io/ru/tournaments/arenas/real/
π° Do you want to be on the list of winners too? Make a trading volume of 500+ USDT and you will be able to get qualified status, and with it all the chances of a real cash prize from the fund
π Prizes
1. $ 100
2. $ 60
3. $ 40
There are 30 prizes in total!
βοΈ You can read more about tournaments here.
Did you take part in them? How much did you manage to win?
YouTube
How to participate in a trading tournament on live accounts at Nominex?
Are you a beginner trader or have you been successfully trading crypto for a long time? Or maybe your first time at Nominex?
Tournaments will pleasantly surprise you! You won't give up 150 bucks every day without doing anything specifically for this? Youβ¦
Tournaments will pleasantly surprise you! You won't give up 150 bucks every day without doing anything specifically for this? Youβ¦
Let's find out the age of our users?
Write in the comments how old you are!
Write in the comments how old you are!
Anonymous Poll
16%
18-25
35%
25-35
30%
35-45
14%
45-55
4%
55+
π In the top 10 cryptocurrencies for yesterday, Solana (SOL) was in the lead, which grew by 12%, while the largest altcoin, Ether (ETH), grew by 5.3% and broke the $3,000 mark.
Bitcoin, on the other hand, faced stiff resistance above $ 44,000 when China said to prepare for the collapse of real estate giant Evergrande.
βHave you heard about this company and its closure? What do you think about this situation and its impact on the market? Share your opinion.
__________________
Useful Nominex Links
Bitcoin, on the other hand, faced stiff resistance above $ 44,000 when China said to prepare for the collapse of real estate giant Evergrande.
βHave you heard about this company and its closure? What do you think about this situation and its impact on the market? Share your opinion.
Source: Cointelegraph
All these top assets are presented on our exchange, where we invite you to trade: Bitcoin / Ethereum__________________
Useful Nominex Links
#News
What do the media say about Nominex? Second selection of publications.
π’ News about our project is constantly published on the network: the media write about the advantages of the exchange and the NMX utility token, regularly take expert comments on the market situation from our CEO Pavel Shkitin, and Nominex often gets into the TOPs on large sites.
The project is constantly evolving and updating to delight its users and give them a positive experience in the field of crypto.
We bring to your attention the second selection of the latest publications in the media.
News about the Nominex exchange:
πΉ IBtimes. Nominex in TOP 10 DeFi projects
πΉ FXstreet. Nominex Mention in Crypto Guide
πΉ Coinspeaker. How I taught an old man to farm
πΉ U.Today. How farming turned from a difficult tool for the pros to an opportunity for beginners to make money
πΉ U.Today. Simplefarming with DeFi
πΉ IHodl. Simplefarming
πΉ VC-ru. What is Farming with Nominex?
πΉ Hackernoon. DeFi projects with the highest APY
πΉ IHodl. Comparison of the Nominex referral program with Binance and OKEx.
πΉ IHodl. Nominex is #1 in the Coinpost exchange rating.
Share our selections with your friends and on social networks. You just need to forward this message. These materials are useful for those who are new to Nominex.
From what media do you get information about news from the cryptocurrency market?
_________________________
Useful resources of Nominex
What do the media say about Nominex? Second selection of publications.
π’ News about our project is constantly published on the network: the media write about the advantages of the exchange and the NMX utility token, regularly take expert comments on the market situation from our CEO Pavel Shkitin, and Nominex often gets into the TOPs on large sites.
The project is constantly evolving and updating to delight its users and give them a positive experience in the field of crypto.
We bring to your attention the second selection of the latest publications in the media.
News about the Nominex exchange:
πΉ IBtimes. Nominex in TOP 10 DeFi projects
πΉ FXstreet. Nominex Mention in Crypto Guide
πΉ Coinspeaker. How I taught an old man to farm
πΉ U.Today. How farming turned from a difficult tool for the pros to an opportunity for beginners to make money
πΉ U.Today. Simplefarming with DeFi
πΉ IHodl. Simplefarming
πΉ VC-ru. What is Farming with Nominex?
πΉ Hackernoon. DeFi projects with the highest APY
πΉ IHodl. Comparison of the Nominex referral program with Binance and OKEx.
πΉ IHodl. Nominex is #1 in the Coinpost exchange rating.
Share our selections with your friends and on social networks. You just need to forward this message. These materials are useful for those who are new to Nominex.
From what media do you get information about news from the cryptocurrency market?
_________________________
Useful resources of Nominex
International Business Times
Top 10 DeFi Projects To Watch In Q4
The DeFi industry first took off in 2020 and has captured the attention of millions of new users looking for both traditional and innovative financial services in a decentralized context.
Nominex News Channel pinned Β«#News What do the media say about Nominex? Second selection of publications. π’ News about our project is constantly published on the network: the media write about the advantages of the exchange and the NMX utility token, regularly take expert commentsβ¦Β»