Pesabase

True or truer?😅

Have yourself a laughly weekend!😂

Many people struggle to remember the definition for Blockchain.

So, what is Blockchain?

Blockchain is a system of recording information in a way that makes it difficult or impossible to change, hack, or cheat the system. It is a chain consisting of blocks of information that hold the transactions record.

Simply put, blocks of transactions chained to each other.

Philip Somh, Our CEO once said,

Diversification is key to wealth. Don't try to get rich by hoarding just one coin. It doesn't end well! Crypto market is providing an opportunity to accumulate various coins at a discounted price, please choose well and resist the temptation to go all in. Time is one of the best risk management strategies. Keep some money on the side to keep buying if the market decides to go lower. If you missed an opportunity, don't sweat it because more like it are coming your way.

Four ways to maximize your gains in Crypto:.

1. P2P trading; buying and selling coins to each other, USDT is the coin that's highly traded via P2P.

2. Spot trading; it's more of a stable kind of trading you just need to buy coins low and sell high.

3. Futures trading; here you short or long the market. A short trade means you're expecting the prices to go down.
A long trade is buying onto a coin believing the prices will go up.

If you're on a short trade and prices go up you lose, if you're on a long position and prices go down you lose. Such trades need you to set a stop loss to avoid more losses, also you can leverage your trading capital (from ×2, if you have $100 with ×2 leverage you'll trade with $200).

4. DCA; this is the long-term investment, it's buying coins everytime you can, can be daily, weekly, monthly or even yearly as the focus is to accumulate more of your favourite coin, works best for solid projects like BTC, Eth, Bnb, Sol, avax....