Welcome to the Day 5 of the Africa Hackathon Workshop!.
We are giving away 100 special Africa NFTs, Do well to complete all tasks as listed below.
To participate in our daily giveaways during the workshop sessions, please ensure to complete the following tasks below, a form will be shared live on the event day.
1. Join the Binance TG community where you reside for more updates
– Binance Smart Chain Community (https://t.me/BinanceDEXchange)
– Nigerian Telegram community (https://t.me/binancenigeria)
– Kenyan Telegram community (https://t.me/binancekenya)
– Ugandan Telegram community (https://t.me/BinanceUganda)
– South African Telegram community (https://t.me/binancesouthafrica)
– Cameroonian Telegram community (https://t.me/BinanceCameroun)
– Ghana Telegram community (https://t.me/binanceghana)
– Namibia Telegram Community (https://t.me/BinanceNamibia)
– Tanzania Telegram Community (https://t.me/Binance_Tanzania)
– Seychelles Telegram Community (https://t.me/BinanceSeychelles)
– Zambia Telegram Community (https://t.me/BinanceZambia)
– French speaking community (https://t.me/Binance_afrique)
2. Follow Binance Africa on Twitter @binanceafrica, @binanceafrica_ on Instagram & @BinanceChain and Retweet Pinned post
3. Buy at least $20 worth of crypto on Binance and submit Binance UID
NB: First 100 people to complete the entire task will receive the rewards!
Minimize Trading Risk and Trade Like a Ninja
A golden rule of trading is don’t bet the house. In other words minimize your trading risk. One of the cardinal sins for anyone trading is to use money that isn’t trading risk-capital. That is, you use money for trading that you can’t afford to lose, money that if lost will affect your lifestyle and perhaps your ability to provide for your family. Using risk-capital creates tremendous emotional pressure in you, even before you enter your first trade. The less trading risk the easier it is to get into the right trading mindset.A Look at Fibonacci Numbers
You may have heard the terms “Fibonacci” and “Fibonacci Numbers” – what do they mean and how are they incorporated into trading indicators? First things first, what (more specifically, who) is Fibonacci? Leonardo Pisano (a.k.a. Fibonacci) was a 12th-century, Italian mathematician that developed a sequence of numbers where each successive number is the sum of the two previous numbers.Use These Killer Day Trading Secrets to Help You Make Money in the Markets
Day trading is becoming an increasingly popular way for the average Joe to earn money. Some people take advantage of day trading to supplement their regular income, and others devote all their time to building a significant income through day trading alone.Is it Important to Keep a CFD Trading Diary?
The importance of keeping a CFD Trading Diary cannot be emphasized enough. For those serious traders who want to make a career or profession out of trading Contracts for Difference then you must keep a detailed CFD trading diary. This will form the basis of the greatest learning opportunity you will experience when trading the markets and ensure your long term success in these volatile markets.Day Trading CFDs – What Time Frame is Best to Use For Your Trading Success?
Day Trading CFDs has so many advantages of traditional forms of trading. Discover why Day Trading CFDs is one of the most popular methods for accessing leveraged stock market opportunities. Learn the ideal time frame for you to trade when Day Trading CFDs and how to locate the low risk, high reward opportunities. By identifying the best 3 time frames when making your trading decision you will put the odds of success firmly in your favour.Here Are the Key Tips to Follow in Order to Make Money Day Trading
Day trading is a great way to earn quick returns, but it’s not a given that you’ll earn tons and tons of money. Contrary to what many people think, you will need to be knowledgeable in trading techniques if you want to achieve success.An Essential Introduction to Online Trading
There is no short, sweet answer here (or anywhere else) for what you should do in your particular situation. If you are comfortable with balance sheets and stop-loss orders, and stay up to speed on the financial markets and news, you may be able to set up and maintain your own portfolio of investments. If you are not so handy with figures and financial factoids, you’d be better off restricting your online trading, using some sort of advisory service or just leaving the ultimate decisions to a trusted financial planner or broker.Want to Be a Forex Trader? Here Are 12 Top Tips
Forex Trading can be very lucrative. Forex Benefits from being classed as tax exempt in the UK (profits from a Spreadtrading account) BUT you have to be prepared and follow some simple guidelines. Learn Forex and you should do well although it has to be said Forex isn’t for everyone. Read some simple tips to discover if trading this vast global 24 hour market is for you.The Power of Day Trading With Weekly Profit Goals
I insist on the power of weekly profit goals. I help other traders determine a goal for each week that is at once attractive and realistic. I insist that sticking with this goal should be a hard and fast rule. So, no matter how confident, or lucky, they may feel, I tell traders that the only way to guarantee long term success is to stop trading once they achieve their goal. They should wait until the next week to start trading again, even if they have a hunch that the market will stay in their favor.Exit Strategies For Momentum Stocks
Knowing when to sell a stock is probably the most difficult thing to learn for most traders and investors. Applying some of the ideas suggested in this article could have saved many investors from substantial losses in the current bear market.