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Sakil Mahmud

How to Trade in Yobit.

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You can get free coins through Youbuy every day..but I do not advise you to trade if you do not have enough experience, because you will lose all your money in a short period.

 

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The truth my dear fellow forum that once you learn how to trade with yobites the safest and easiest way to do all our transactions, in my case I had never made any transaction or marketing by any means at first I felt lost and I had I had to ask my personal friend for help to teach me well how to do it and once I took the hand of all this I was fascinated and thought that I did not know or handle the computer as I have changed.

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Well, in fact, the Yobit wallet is wonderful in all its fields and also with its easy design .. In fact no one has taught me about it. Only my friend entered me in order to get the money that I gained in this forum .. but with the passage of time I became enter into the aspects of the wallet and I saw a lot and a lot .. Including trading, buying and selling currencies .. The issue of investment must be against a strong background of knowledge and must be studied well before starting it .. I wish you and everyone good luck.

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Yobit is good for trading ,we can make our trading easily.  So uf you want to get some coin then you would select the buy option which is in yobit in front of you ,so you would put the amount which you want to buy and can buy easily if you have amount for buying.  So you can hold your coin on yobit and when price go to high then you can sale to in the same way but now you will select sale options ans how much you want to sale then you can sale .

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We can trade cryptocurrencies in the yobit platform by buying and selling cryptocurrencies in a timely manner and have a good experience in the field of trading with confidence and strength.

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to be candid this process of exchanging currencies require knowledge and experience so that we can know when to trade and how to trade, because it's little bit confusing seriously. Begginers should seek for little experience before investing. 

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There is nothing big in that but don't be too panic or worried trading doesn't need rushing it is what you have to learn and learn to make sure you have garner enough experience, skills to handle it. You must be wise and smart enough to choose a value coin, study the price fluctuations and then be current checking the market frequently in order to avoid losing.

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Thank you, my friend, for this wonderful guide about working in the field of cryptocurrency trading in the Yupit platform in general, dear, this platform is really great mainly, and I advise everyone to enter it because it contains several areas of work. Mainly from these areas there is a fund. A very wonderful and very secure investment, and if we can work inside it in the field of cloud mining or virtual modification in addition to the trading field and the trading field is the widest field within it and within any other trading platform, thank you very much

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Investing mostly on Yobit exchange is fast, simple, and immediate; all you have to do is pressure mostly on coin you would like to exchange on the left hand side of the coins page, which will pull up the BTC pair, where you can enter the sum you would like to buy or sell, and you're finished.

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Yobit is one of the easiest platforms to deal with and provides a lot of currencies and symbols for trading and investing, and the sections in yobit are very clear as if they are self-explanatory. I haven't dealt with the trading department yet but I am waiting impatiently on Tuesday to trade the 777 coin that I gained in the last airdrop.

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Actually There are many methods of trading in yobit account. In yobit platform we can also play different games and earn Bitcoins. You can also buy different coins of low price and sell these coins when its price become rise.

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It is simple, don't be too panic or worried trading doesn't need rushing it is what you have to learn and learn to make sure you have garner enough experience, skills to handle it. You must be wise and smart enough to choose a value coin, study the price fluctuations and then be current checking the market time to time not to loose. 

 

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Hello everyone, how are you all doing, and how works hope is moving smoothly, I think this is a nice ideas you share because I will like to no something more about this topic, still still now am still a beginners so I will like the senior members should be with me pls.

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I totally agree with you, at my very early began I had tried some different wallets, none of them gave me the features which Yobit gives, it maked it easier to me, also I appreciate they take few fees comparing with another wallets and the huge variety of the services and features it has

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Yes, I agree with you. The yobit platform has an easy-to-use interface, but I do not advise you to trade if you do not have enough experience to do so because you will lose all your money in a short period.

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Yes that's right, there is a wide range of cryptocurrencies that are available for trading, so you have too many choices.

But you should have enough knowledge about cryptocurrencies so you can make the right choice about it.

According to that, I advise you to learn first, and when you become ready for trading go for it.

Wish all the best for you and for all members.

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Any sites that mean easily obtaining profits from cryptocurrencies are highly fraudulent, my friend. The currencies that can be invested must buy the stable, whose price will increase shortly after purchasing it, and then the differences will win those rises. I wish you success.

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Yobit offers great advantages and this is what prompted everyone to choose it. It is considered easy to use and dealt, as it is safe and follows a strong protection system for investor money and its transfer fees are low and has a lot of information about cryptocurrencies and their values and offers good deals for trading, but we only lack experience here to earn money and be successful investors.

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I just joined this wonderful platform of crypto talk and I don't have much knowledge and information about your topic because I'm learning more things about cryptocurrencies and related to it so I trying to learn about this forum as soon as possible then I will be able to give answer.

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Dear, it is not very difficult and easy, so you only have to press the currency that you want to trade on the left side of the plate and you will enter the required amount and then show you a plate containing the sale or purchase from which you choose what you want, but you must pay attention because the encrypted currencies are declining and rising so you must You have to be careful about these things

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This is what made me happy to deal with the yobit platform, in addition to having a chat on the right-hand side that allows you to chat with customers who deal with the platform and consult them about buying and selling matters.

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Youbet platform is a platform for electronic currency trading, I have worked with it for several years, it is really great for beginners and easy to use and there is no risk if you know how to work with it, the best thing about it is that you can buy the currency and accumulate it without selling it, which allows you to sell it whenever you want when its price rises , If you have capital, you may achieve abundant profit in a few months, but before starting, I advise you to choose known electronic currencies and avoid new electronic currencies on the platform, known currencies such as: Bitcoin, Dogecoin, Litecoin and Ethereum, Cash Coin, Gold Coin, Gold, It is a very simple platform to use. It uses three languages: English, Russian and Chinese. As for their chat, there is Arabic. For the site's language, we can convert it into Arabic through the Google Chrome search engine. For those who do not know the method click on changing the language of the site, it is important to change the language To Arabic to understand well the platform, the platform gives you some currencies for free daily, and that by clicking on the word free coins at the top of the platform and the captcha will appear, solve it and click on the currencies to be added to your account directly, the capacity decreases T currency several times throughout the year, you have to monitor these times by using some applications that send alerts with electronic currency prices, or by setting the deal to the low price and leaving it open and when the requested price is reached you buy the deal automatically on what has been set, so from this platform you can buy As well as electronic currencies at the market price, you can enter money (dollar currency) into the platform or withdraw it from the platform using the banks that the platform deals with, which are: The best currencies in circulation in my own opinion are Litecoin, Dogecoin, Ethereum, Dogecoin, Cash Coin and Gold Coin, because their price is reasonable It is not high and the lower the price of the currency, the more profit in it.

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Yes, my friend, trading cryptocurrencies in this platform is very easy and not a complicated matter, but you need to choose the best currencies in order to avoid losing. Thank you.

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Trading on the yobit platform is profitable and its steps are simple. Go to the trading section and choose the currency you want, but before that.  You must first gain experience and information to conduct trading, monitor currency market movement and know the right time to trade.

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    • Forex and Cryptocurrency Forecast for 01 – 05 July 2024 EUR/USD: Inflation in the US – Everything is Going According to Plan   Last week, specifically on Thursday, 27 June, the dollar received support from positive macroeconomic data from the US. The Department of Commerce reported that according to the final estimate, the US GDP grew by 1.4% in Q1, against the forecast of 1.3%. (According to the current Fed forecast, the country's real GDP will expand by 2.1% in 2024). Labour market statistics were also optimistic – the number of initial jobless claims in the US amounted to 233K, lower than both the forecast of 236K and the previous figure of 239K. Durable goods orders did not disappoint either, rising by 0.1% in May against the forecast of a decline of -0.1%. Against this backdrop, the DXY dollar index rose to 106.10, approaching April highs, and EUR/USD dropped to 1.0685.   However, the main events of the week were scheduled for Friday, 28 June, the last trading day of Q2. 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In technical analysis, 80% of trend indicators on D1 sided with the dollar and turned red, while 20% preferred the euro. Among oscillators, 75% were on the dollar's side, with the remaining 25% taking a neutral position. The nearest support for the pair is located in the zone of 1.0665-1.0670, followed by 1.0600-1.0615, 1.0565, 1.0495-1.0515, 1.0450, and 1.0370. Resistance zones are found around 1.0740-1.0760, then 1.0815, 1.0850, 1.0890-1.0915, 1.0945, 1.0980-1.1010, 1.1050, and 1.1100-1.1140.   The upcoming week will be rich in macroeconomic statistics. On Monday, 01 July and Tuesday, 02 July, preliminary data on such an important indicator as the consumer price index (CPI) in Germany and the Eurozone will be released, respectively. Speeches by ECB President Christine Lagarde and Fed Chair Jerome Powell are also scheduled for 01 and 02 July. In addition, on Monday and Wednesday, business activity indicators (PMI) in various sectors of the US economy will be known. 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Announcing this event, Prime Minister Rishi Sunak stated that he is proud of the "achievements of his government [Conservatives]". "Economic stability is the foundation of any success," he added, noting that the UK economy is still growing and inflation has returned to normal levels.   Despite Sunak's assurances, in May 2024, the monitoring company Ipsos reported that 84% of the population are "dissatisfied with how the government is managing the country". Current election forecasts based on public opinion polls show that 21.3% may vote for the Conservatives, 41.9% for their opponents, the Labour Party, and the rest for other parties.   It must be noted that the government of Rishi Sunak has several real achievements. On 19 June, data on consumer inflation (CPI) was published, and overall, the picture turned out to be quite good. The consumer price index month-on-month remained at the previous level of 0.3%, lower than the forecasted 0.4%. Year-on-year, the CPI decreased from 2.3% to 2.0%, reaching the Bank of England's (BoE) target for the first time since October 2021. The core index (Core CPI), which excludes volatile components such as food and energy prices, also showed a significant decrease from 3.9% to 3.5% year-on-year.   According to the report from the Office for National Statistics (ONS), presenting the final data on 28 June for Q1 2024, the UK economy grew by 0.7%, higher than the previous value and forecast of 0.6%. Year-on-year, real growth was 0.3%, exceeding the previous value and expectation of 0.2%. This was the best dynamic since Q4 2021.   If the UK parliamentary elections on 04 July and the inflation report on 17 July do not bring significant surprises, the markets predict that the BoE will start lowering rates at its nearest meeting on 01 August. According to ING bank strategists, "we still forecast that the Bank of England will start lowering rates in August and will begin to signal this in its speeches as soon as the general elections on 04 July are over". In their opinion, the likelihood of rate cuts by the Bank of England is much higher than those by the Fed, which will put pressure on the pound sterling. TDS company analysts, on the other hand, give the following forecast: "We believe a rate cut of 15 b.p. is expected in August, and about 50 b.p. in total for 2024". In several other market participant forecasts, it is also mentioned that by November, the reduction could be around 30 b.p.   GBP/USD ended the past five-day period exactly where it started – at 1.2644. The analyst forecast ahead of the parliamentary elections is unequivocal – 100% side with the dollar and expect the British currency to weaken. Regarding technical analysis on D1, there is also a clear advantage on the dollar's side. Trend indicators are in favour of the dollar at 65% to 35% red to green. Oscillators are 100% pointing south, with 20% signalling the pair is oversold. In case of further decline, the pair's levels and support zones are 1.2610-1.2620, 1.2540, 1.2445-1.2465, 1.2405, 1.2300-1.2330. In case of the pair's growth, it will meet resistance at levels 1.2675, 1.2700, 1.2740-1.2760, 1.2800-1.2820, 1.2860-1.2895, 1.2965-1.2995, 1.3040, and 1.3130-1.3140.   As for the events of the upcoming week, all investor attention is focused on the elections on 04 July. The next important event, as mentioned, will be the publication of the fresh inflation report in the United Kingdom on 17 July.   USD/JPY: Another Peak Conquered   Last week, 75% of analysts expecting new currency interventions voted for the USD/JPY pair's retreat south, while the remaining 25% pointed north. The minority, as is often the case with the Japanese currency, turned out to be right: no interventions occurred, and the pair reached another peak – 161.28.   Frankly, there's nothing to comment on here – everything has been discussed dozens and hundreds of times. The problem of the yen's weakening lies in the ultra-loose monetary policy of the Bank of Japan (BoJ). And as long as it does not decisively turn towards tightening, the national currency will continue to lose its positions. Of course, for a while, the Ministry of Finance and the Central Bank can support its exchange rate with currency interventions. But spending billions and billions on something that disappears like ripples on water after a few days – is there any point in that? Can this be called monetary policy?   If inflation falls in major competing countries, in Japan, it rises. According to data published on Friday, 28 June, the Consumer Price Index (CPI) in Tokyo for the year ending in June rose to 2.3% compared to 2.2% for the previous period. The core CPI inflation (excluding volatile food prices) also increased to 2.1% year-on-year, which is higher than both the forecast of 2.0% and the previous value of 1.9%. Another core CPI index for Tokyo (excluding food and energy prices) decreased in June to 1.8% year-on-year compared to the previous value of 2.2%.   Of course, these are not jumps that warrant sounding a loud alarm – all indicators are "hovering" around the target 2.0%. This allows Japanese officials to pause, without changing the vector of their monetary policy, and to limit themselves to verbal "interventions". Thus, Japan's Finance Minister Shunichi Suzuki once again stated that he is "deeply concerned about excessive and unilateral movements in the Forex market" and expressed hope that "trust in the Japanese currency is maintained". Suzuki's colleague, Cabinet Secretary Yoshimasa Hayashi, delivered almost the same speech word for word. However, he added that the authorities "will take appropriate measures regarding excessive currency movements", hinting at another currency intervention.   This hint from Yoshimasa Hayashi scared 60% of experts who voted for the pair's southward movement and yen strengthening, 20% pointed north, and 20% took a neutral position. The opinion of the indicators is unambiguous, as they have never heard of interventions. Therefore, all 100% of trend indicators and oscillators on D1 are green, although a quarter of the latter are in the overbought zone. The nearest support level is around 160.25, followed by 159.20, 158.65, 157.60-157.80, 156.60, 155.45-155.70, 154.50-154.70, 153.60, 153.00, 151.90-152.15, 150.80-151.00. The nearest resistance is in the 160.85 zone, followed by 161.30 and 162.50.   In the upcoming week, the calendar highlights Monday, 01 July. On this day, the Tankan Large Manufacturers Index will be published. No other important macro statistics regarding the state of the Japanese economy are planned for the coming days.   CRYPTOCURRENCIES: Causes and Consequences of "Black Monday" on 24 June     Monday, 24 June, presented investors with a very unpleasant surprise – on this day, bitcoin's price fell below $60,000 for the first time since 03 May, reaching $58,468 at one point. Ethereum, in turn, fell below $3,250. Analysts highlight several reasons for the active sell-offs, noting that they reflect overall instability in global financial markets and uncertainty about monetary and regulatory policies in several leading countries, especially China and the US. However, there are also more specific factors that contributed to the development of the bearish trend.   In mid-June, the German government began selling off a huge amount of bitcoins (about 50,000 BTC) confiscated in January. Panic sentiment sharply intensified after the announcement on 24 June that creditor payments for the bankrupt crypto exchange Mt.Gox would begin in early July. The total amount of funds to be distributed among former clients is 162,100 BTC, roughly $10 billion. Bitcoin responded to this news with an 8% drop. It’s no surprise – such a volume of coins flooding the free market can seriously knock down prices. In the derivatives market, long positions worth $177 million were forcibly liquidated, and the total financing rate for futures contracts turned negative for the first time in June, indicating that sales exceeded purchases.   It is precisely on the expectations of Mt.Gox debt payments that the flagship crypto asset's quotes reached the lowest level in the past eight weeks last Monday. In this situation, two things are encouraging. Firstly, the deadline for repayment falls on 31 October, and it's possible that payments will be made in parts over four months rather than all at once. And secondly, there is hope that not all creditors will rush to convert their bitcoins into fiat, but will hold onto them, hoping for price growth.   In addition to the above, BTC miners exerted some downward pressure on the market. It became known that their coin reserves reached a 14-year low, as they had to sell a significant amount of BTC due to the April halving to cover operational expenses. Recall that the cost of mining bitcoin, according to JPMorgan analysts, is $53,000. Historically, this cost level is a strong support for BTC/USD. However, even in March, JPMorgan did not rule out that after the halving, bitcoin could temporarily fall to $42,000.   In the absence of positive signals, the demand for spot bitcoin ETFs continues to decline, major market participants slow down their activity, and start to take profits. This also pressures the prices. CEO of investment company CryptoQuant Ki Young Ju calculated that over the past two weeks, bitcoin whales and miners set a record by selling coins worth $1.2 billion.   According to 10x Research, all last week, US spot BTC ETFs recorded investor outflows, and on 21 June, net outflow exceeded $105 million. 10x Research believes that bitcoin will now need to find a new price range to stabilize the decline and then find growth catalysts. In the medium term, according to 10x Research analysts, it is not worth expecting BTC to return above $70,000.   Popular analyst Matthew Hyland noted that the combined bitcoin balance on centralized exchanges reached a multi-year low. In theory, this could be seen as a bullish signal, but the crypto market leader is not yet eager to show an upward trend. Naturally, the publication of key US economic data could serve as a vector for further cryptocurrency movements. If the Fed takes its first step in easing its monetary policy in September, it could support risky assets, including bitcoin. According to Cryptology experts, the chances of bitcoin reaching a new all-time high by the end of September are quite high, and what is happening now is a phase of accumulation.   Despite the current decline, many investors remain optimistic, citing the cyclical nature of the crypto market. They also do not forget about the US elections. For example, former Goldman Sachs CEO Raoul Pal predicted significant bitcoin and cryptocurrency market growth in Q4 2024. In an episode of The Wolf Of All Streets podcast, the financier noted that risky assets like bitcoin usually rally against the backdrop of US presidential elections. "The final quarter of an election year is a real 'banana zone' for all assets. It always is," Pal optimistically stated, noting that the "banana zone" for cryptocurrencies in autumn is much more pronounced than, for example, for the Nasdaq index.   Bitcoin was also supported by billionaire Michael Saylor. His company, MicroStrategy, is one of the largest bitcoin holders in the world, with 205,000 BTC on its balance sheet. Despite the negative trend, it increased its reserves by another 11,931 BTC (over $700 million) in the past month alone. Saylor is convinced of the first cryptocurrency's ability to grow to $10 million with support from China and other factors. He believes that in the future, governments, especially China, will fully embrace the first cryptocurrency and integrate it into the state infrastructure. The entrepreneur declared all pre-bitcoin economic instruments obsolete. "Before Satoshi Nakamoto, economics was a pseudoscience. All economists before Satoshi tried to develop economic laws with shells, glass beads, pieces of paper, and credit instruments," the businessman wrote, calling bitcoin a "perfect asset."   In previous reviews, we already wrote that the launch of exchange-traded spot ETFs on Ethereum could give a certain boost to the digital asset market. On 25 June, SEC (US Securities and Exchange Commission) Chairman Gary Gensler noted that the registration process for new ETFs is "going smoothly," and the approval date depends on how quickly applicants submit adjusted S-1 forms. Bloomberg analysts call 02 July the expected approval date for new products. Reuters, citing anonymous sources, reports that a consensus has been reached between fund managers and the SEC in negotiations, and only the "final touches" remain.   Co-founder of venture company Mechanism Capital Andrew Kang stated that after the approval of ETH-ETF, Ethereum's rate could correct by 30%, falling to $2,400. In his opinion, at this stage, the main altcoin attracts much less attention from institutional investors compared to bitcoin. Based on this, ETH-ETF will attract only 15% of funds compared to what BTC-ETF received at the start.   Kang noted that to increase Ethereum's attractiveness among investors, its ecosystem needs to be positioned as a decentralized financial settlement layer, a global computer, or a Web3 application store. At the same time, it will be difficult to sell new ideas for Ethereum's application to funds, as the asset is perceived by investors as an overvalued stock of a large technology company.   Significantly more positively views the future of Ethereum Matt Hougan, CIO of Bitwise, a company managing cryptocurrency funds. In his opinion, the appearance of a long-awaited exchange product is undoubtedly a positive factor, and the net inflow of investments into ETH-ETF over the first 18 months will amount to $15 billion. In his analysis, he relies on the experience of Canada and the EU, where in similar products the inflow ratio for Ethereum and Bitcoin is approximately 1 to 4 (i.e., 25%). In other words, if in the first quarter of work for spot Bitcoin-ETF the total inflow was $26.9 billion, for Ethereum it is expected to be at the level of $6.7 billion. In this case, in three months of work, the leading altcoin could rise to $4,400-5,000.   CEO of SkyBridge Capital Anthony Scaramucci believes that the price of Ethereum could rise even higher, reaching $10,000-12,000. Regarding bitcoin, the entrepreneur allows for its growth to $170,000-250,000. The main driver, in his opinion, will be the further institutional acceptance of cryptocurrency. Scaramucci called the approval of spot exchange ETFs an important regulatory barrier breakthrough for attracting new capital. Thanks to this, in his opinion, the share of digital gold in the portfolios of major players will soon be about 3%.   As of the evening of Friday, 28 June, BTC/USD is trading at $60,190, and ETH/USD is in the $3,390 zone. The total crypto market capitalization is $2.24 trillion ($2.34 trillion a week ago). The bitcoin Fear & Greed Index (Crypto Fear & Greed Index) has dropped from 63 to 47 points over the past 7 days, moving from the Greed zone to the Neutral zone.   In conclusion, here is another observation from Matt Hougan. The CIO of Bitwise presented three reasons why long-term investments in both bitcoin and Ethereum are more advantageous compared to investing only in bitcoin. These are: 1. portfolio diversification 2. the opportunity to earn on very different ecosystems and 3. economic benefit.   Considering the difference in the capitalization levels of bitcoin and Ethereum, Hougan believes that 75% of the capital should be invested in BTC and 25% in ETH. According to calculations, over the period from May 2020 to May 2024, the yield of such an investment portfolio is 3% per annum higher than one that only contains bitcoin. However, Hougan acknowledges that in the shorter term, a portfolio including 100% BTC outperforms a diversified one. Moreover, investing only in bitcoin carries fewer risks due to its higher market capitalization and features such as limited coin issuance and a phased reduction in the inflation rate to zero.   NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
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