What is your top memecoin of 2023, pilot? 😂🪙📈

💼 Navigating Crypto Futures: Strategies for Prudent Trading and Risk Management

📈 Crypto futures trading is volatile, and although this is what brings you opportunities, a trader must allocate funds effectively to be able to manage risk and maximize returns. As a trader, you must be disciplined and maintain the delicate balance between capital per trade, trading capital, and reserves to navigate the unpredictable market dynamics.

🎯First and foremost, a prudent approach involves allocating not more than 10% of all funds to trading capital. If you do this, no matter what black swan happens in the market, even if you lose all your trading capital, you will still have the rest 90% of your total capital with you. Not bad for covering your bases, huh?

🎲 Your trading capital serves as your tool for capturing market opportunities, so use this tool wisely. As you are prudent traders (if you read 1ex Trading Board, we bet you are), never risk more than 1% of the trading balance in one trade. Why 1%? You get a maximum of 50 chances out of 100 to fail. 50 fails is the red line you never cross, because after it lies the territory of pure gambling. 50 fails is an evident sign that your strategy stopped working. We are professional traders, not gamblers. Remember it at all times.

🔄 Next, you should enter a trade only when your risk to reward ratio is 1:3 or better (below 1:2 is gambling, too). Also remember that excessive leverage amplifies losses, so manage this risk accordingly.

🌐 What concerns trading capital allocation, diversification is key. Instead of concentrating all funds in a single asset or trading strategy, spreading investments across different cryptocurrencies and strategies can mitigate risks. This approach helps protect your portfolio from adverse market movements impacting a specific asset or sector. (Remember how Ethereum-related coins surged and Bitcoin dipped after spot Bitcoin ETFs were approved.)

💰Do not underestimate your reserves. These funds are a buffer for mitigating losses during unfavorable market conditions: margin calls, unexpected expenses, periods of drawdown, you name it. They ensure you have liquidity and are able to manage risks.

🚦Figuratively, these rules are written in the blood of traders who lost their deposits. Only discipline can help you overcome the fails in the market. A pilot who is not disciplined will crash their plane. A trader who is disciplined will never lose more than a half of their trading capital in failed trades (which is just 5% of the total capital, remember? 😉).

💬 No one: ...

1ex: When Uniswap and dYdX add KYC, the industry is doomed ☠️

🏦🪙 Do you think CBDC will become as popular as crypto?

Venezuela wrapped up its petro (which technically was a cryptocurrency, but still was issued by a national government). Meanwhile, Japan with its ultra-high cash adoption and financial inclusion is unsure whether it needs a CBDC, and a non-government consortium is building it there.

Is CBDC called for? Does it have a use case that will be needed by people? Fiat money has problems of its own. Building on its foundation and bringing more issues to the table doesn't make it any easier or better. Money is free like water, it will flow around the obstacles.

💸 With adding payments to X, Mr. Musk builds an all-in-one mega app like Naver or WeChat

Hope it brings value to X.

FYI Fidelity's investment in X is down 72% since the ownership change.

Look up 'X Holdings Corp.' here.

🆙 1ex Dev Update

1ex Algo:
🔹 BingX and CommEX exchanges added
🔸 Custom screeners can now be created via API

1ex Smart DOM:
🔹 Hotkeys to change multiplier and lot widget added
🔸 In the order table, Realized PnL per trading session instrument added

1ex AI News:
🔹 Existing widgets are being reworked. AI Assistant now supports message history
🔸 Round diagrams have been reworked completely and are in debugging now

🏦 Terraform Labs filed for Chapter 11 bankruptcy in the US

Users get reimbursed last, after all the large stakeholders and whales

Pilots, remember that for each lucrative APY there is someone to pay for it. If you are unclear who pays for it, odds are this is you.

Petition link

👀 Are you a holder of 1EX token?

You'd better be one, pilot 🛫

More info in our next announcements 🔔

💡 In case you didn't know:

This is how an ideal first listing chart looks like

A spike at launch, a correction...

...and then a parabolic heading North East when the whales come in 🐋📈

🤔 Is having a high debt good for a national state?

We cannot answer decisively without knowledge of economics

💡 But let's use a trading analogy:
Is having a high leverage good for a trader?

Well, it is bearable while your trading strategy works. However, when it stops working and you lose trades, having a high leverage means you may face a situation when you owe the exchange platform more than you had in your trading account. 😱 This can be catastrophic.

💪💰 Regardless of what your stance on the usage of the Bitcoin network is, you and we all know that Bitcoin is a wealth of opportunities and an opportunity for wealth

Bitcoin's average growth rate is almost 70% 😲

Data by YCharts

✌️Hey, pilot

We know you trade 1EX

However, holding it can be lucrative, too!

🤯 1ex Trading Board is en route to amaze you with what we have in the works.

🔮 What are your ATH predictions for this one❓

A tip: make them THE WILDEST

Another tip: 1EX won't be at these levels for long, board this flight while you can 🛫

💻📈 What's your top stock pick for computing hardware?

🤖 AI is and will continue to be on the rise. This growth will require backing by resources.

📄 We have applied for CoinMarketCap listing

Request id: 839396

⚡️ Awesome news, pilots!

1EX token has been listed on CoinGecko

Add to your dashboard at https://coingecko.com/en/coins/1ex

🆙 1ex Dev Update

1ex Algo:
🔹 Screeners can now call storage (API)
🔸 Tick data loading with Unix time is now possible

1ex AI News:
🔹Round diagram rework finished
🔸Screener widget development finished, testing has started