Crypto – Our Everyday Life https://www.oureverydaylife.us My WordPress Blog Mon, 18 Aug 2025 08:18:27 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.2 https://www.oureverydaylife.us/wp-content/uploads/2024/01/cropped-5-32x32.png Crypto – Our Everyday Life https://www.oureverydaylife.us 32 32 Trading Forex Majors on MT5 Within Prop Firm Rules https://www.oureverydaylife.us/trading-forex-majors-on-mt5-within-prop-firm-rules/ https://www.oureverydaylife.us/trading-forex-majors-on-mt5-within-prop-firm-rules/#respond Mon, 18 Aug 2025 08:18:27 +0000 https://www.oureverydaylife.us/?p=1479 If you’ve ever joined (or thought about joining) a prop firm, you’ve probably noticed something: they absolutely love when traders stick to the majors. And for good reason—major currency pairs are liquid, predictable (well, as predictable as forex gets), and usually come with tighter spreads.

But just because you’re switching majors doesn’t necessarily mean you’re playing it safe. Within the prop firm universe, there are certain guidelines you must adhere to, and crossing them by mistake or complacency can easily shut down your funded account.

We will take you through the process of trading the headline forex pairs on MT5 and remaining comfortably within your prop firm’s guidelines. We’ll discuss the why, the how, and the “don’t even think about it” times so that you can trade with confidence and maintain that account.

What Are Forex Majors?

Forex majors are the stars of the currency universe. Everybody knows them, everybody discusses them, and everybody trades them. They are:

  • EUR/USD – The most traded currency pair in the world. Low spreads, high liquidity.
  • GBP/USD – Unpredictable, but if you understand its nature, it’s a rewarding trade.
  • USD/JPY – Moves smoothly, particularly during Asian and US sessions.
  • USD/CHF – Famous for safe-haven flows.
  • AUD/USD – Tied to commodities, particularly gold.
  • USD/CAD – Trades with oil prices.
  • NZD/USD – A “risk-on” currency, usually trailing overall sentiment. 

Prop firms generally adore these pairs because they’re liquid, they respond well to technical and fundamental influences, and they’re less prone to having wild, unpredictable spreads—at least relative to exotics.

Why Prop Firms Like You To Trade Majors

If you’ve ever scanned through your prop firm’s rules (and you should, unless you like inadvertent infractions), you’ve likely seen that they don’t prohibit you from trading exotics—but they might just as well have a giant “stick to majors” banner.

Here’s why:

Liquidity Equals Quick Execution

On MT5, liquidity is everything. Majors have sufficient market activity that your trades are filled virtually in an instant—something prop firms adore because it minimizes slippage.

Lower Spreads = Lower Costs

Because prop firms desire you to survive the game, they do not desire you burning capital on huge spreads. The majors tend to have the lowest spreads, particularly in their high-volume sessions.

Better News Flow

Major currency pairs are connected with the largest economies, so you will never have trouble detecting market-moving news.

Lower Risk of Slippage During News

Though slippage can still occur (particularly if you’re trading NFP), majors are more resilient to volatility than thinly traded pairs.

The Prop Firm Rulebook You Can’t Ignore

Each prop firm has its own rulebook, but in the case of majors, these are the ones you’ll find most prevalent:

Daily Drawdown Limit

Even when you only trade EUR/USD, you can’t risk taking huge losses on a single day. If your prop house is “5% daily max drawdown,” that means 5% including open positions.

Pro tip: MT5 allows you to monitor equity in real time, so pay attention to it—not simply your balance.

Overall Max Drawdown

Blowing your account is easier than you imagine if you pile on too many losing trades. Majors may be “safer,” but leverage is applied the same way on them as on any pair.

Lot Size Restrictions

Certain prop companies restrict lot size per trade or account. MT5 makes it simple to switch position sizing before clicking “Buy” or “Sell,” so make it a habit to check.

No Trading During Certain News Events

Yes, majors are more stable, but news events can still cause chaos. If your firm bans trading during high-impact announcements, respect that.

Consistency Rules

A lot of firms want to see consistency—no going from micro-lots to massive positions overnight. Even if you’re in profit, scaling up too fast can flag your account.

Setting Up MT5 for Major Pair Trading

When you’re funded, speed and simplicity are paramount. MT5 is filled with features that make major trading more fluid—if you know how to configure it.

Keep Your Watchlist Trim

Make a Market Watch list containing only the majors you trade. This keeps your workspace uncluttered and execution quicker.

Employ Multiple Timeframes

Majors honor technical levels on multiple timeframes. As an example:

  • D1 for overall trend direction
  • H1 for intraday setups
  • M15 for entries and exits

MT5’s “Tile Windows” option allows you to see all of these charts at the same time.

Set Alerts for Key Levels

No more chart babysitting. MT5 alerts can alert you when price hits a support/resistance level, leaving your brainpower available for analysis instead.

Customize Templates

Make a template for the majors—candlestick chart, moving averages, perhaps RSI or MACD—and save it. Then you can easily load it on any major pair without setting things up again.

Risk Management on Majors: Don’t Get Complacent

Since majors are less volatile than exotics, some traders tend to underestimate the risk. Fatal error.

Here’s how not to lose control:

Understand the ATR (Average True Range) of every pair. EUR/USD and GBP/USD have extremely different daily ranges.

Tighten stops and targets depending on volatility. For instance, a 15-pip stop on GBP/USD could get taken way too often, while it may be appropriate on USD/CHF.

Don’t overleverage merely because spreads are small. Your prop firm’s rules do not know or care if you hemorrhaged the account on EUR/USD or USD/TRY—it’s lost regardless.

Timing Is Everything

Trading majors is all about catching them when they’re most alive.

  • London Session (8 AM – 4 PM GMT): EUR, GBP, and CHF pairs shine.
  • New York Session (1 PM – 9 PM GMT): EUR/USD, GBP/USD, USD/CAD, and USD/JPY receive heavy volume.
  • Asian Session (12 AM – 8 AM GMT): USD/JPY and AUD/USD tend to be more active.

MT5 allows you to view tick volume, so if a market appears to be sleepy, it likely is—wait for the active hours.

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How to Spot Trusted Altcoin News in a Sea of Hype https://www.oureverydaylife.us/how-to-spot-trusted-altcoin-news-in-a-sea-of-hype/ https://www.oureverydaylife.us/how-to-spot-trusted-altcoin-news-in-a-sea-of-hype/#respond Sat, 26 Apr 2025 12:16:38 +0000 https://www.oureverydaylife.us/?p=1215  

As the altcoin market heats up, so does the noise.

From meme tokens pumping overnight to Layer 1 protocols reshaping infrastructure, it’s harder than ever to separate signal from speculation. In this fast-moving space, trusted altcoin news has become one of the most valuable assets a crypto enthusiast can hold.

But how can you tell what’s reliable and what’s just riding the algorithmic wave?

Let’s break down the anatomy of credible coverage—and why it matters more than ever in 2025.

  1. Depth Over Drama

Trusted sources don’t just tell you what happened—they explain why it matters. Instead of shallow headlines like “Litecoin to the Moon?”, they dig into:

  • Technical indicators driving price trends
  • Long-term implications of institutional inflows
  • Chain-level activity and wallet behavior

For example, coverage on Ethereum’s ETF surge should explore not just inflow volumes but also how that affects ETH’s supply dynamics and staking yields.

  1. Independent Thinking

In an industry dominated by influencers and echo chambers, trustworthy news stands out by offering original analysis. This means looking past the hype and applying a critical lens—even when it’s unpopular.

If everyone’s bullish on a token like Solana, a reliable outlet might ask:

  • Are validators too centralized?
  • What are the long-term risks of recent protocol changes?
  • Is user growth matching TVL claims?

AltcoinBeacon, for instance, consistently provides updates that are both timely and reflective, offering charts, project developments, and macro insights without shilling.

  1. Balanced Perspectives

True journalism doesn’t pick sides. Trusted altcoin reporting looks at:

  • Both bullish and bearish indicators
  • Institutional and retail movements
  • Technicals and fundamentals

If XRP surges, reliable outlets will explore why—from whale accumulation to legal milestones—without promising guaranteed returns.

  1. Real-Time, Not Reactionary

In crypto, being early is everything. Good news platforms prioritize speed without sacrificing accuracy. When major developments hit—say, a VanEck ETF proposal or Cardano upgrade—getting the facts right and fast is what builds loyalty.

AltcoinBeacon’s real-time updates on Chainlink’s breakout or Avalanche’s institutional interest show how timely data builds trust over time.

  1. Transparent Sourcing

One clear hallmark of trusted altcoin news? Citations and context. Whether referencing blockchain data, project whitepapers, or on-chain analytics, transparent sourcing keeps readers informed and empowered to verify independently.

Final Word

In a landscape where hype can outpace truth, trust becomes your most strategic filter. For traders, builders, or crypto-curious newcomers, staying updated with reliable insights can mean the difference between catching a trend—or being caught in a trap.

Looking for consistent, researched, and level-headed updates? Check out AltcoinBeacon’s Altcoin section—where altcoin news meets accountability.

 

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How to Quickly Purchase Bitcoin: A Must See Guide for Beginners https://www.oureverydaylife.us/how-to-quickly-purchase-bitcoin-a-must-see-guide-for-beginners/ https://www.oureverydaylife.us/how-to-quickly-purchase-bitcoin-a-must-see-guide-for-beginners/#respond Sat, 08 Feb 2025 10:02:05 +0000 https://www.oureverydaylife.us/?p=951  

Bitcoin, as the most well-known cryptocurrency, has attracted an increasing number of investors in recent years. However, for newcomers who are new to digital currencies, how to quickly and securely purchase Bitcoin remains a challenge. This article will provide you with a detailed beginner’s guide to help you understand the basic process and techniques of buying Bitcoin, ensuring that your investment process is safe and smooth.

Before officially starting to purchase Bitcoin, it is necessary to first understand some basic knowledge. Bitcoin is a decentralized digital currency that does not rely on traditional banks or governments for issuance, but is jointly maintained by computers in a global network through encryption algorithms. Bitcoin transactions use blockchain technology, which is a decentralized distributed ledger that ensures the security and transparency of transactions.

For beginners, it is very important to master the following points:

Choosing a reliable exchange is the first step in purchasing Bitcoin. There are currently many exchanges on the market that offer Bitcoin purchasing services. Here are several common exchange selection criteria:

After selecting the exchange, the next step is to register and verify your identity. The process of registering an account is usually very simple, you only need to provide a valid email address, phone number, and set a password.

However, in order to ensure the security and compliance of transactions, most exchanges require you to perform KYC (Know Your Customer) authentication. This usually requires you to upload a photo of your ID card and a selfie holding your ID card. After completing identity verification, your account will unlock more features and transaction limits.

After completing account registration and identity verification, you can recharge your account and start purchasing Bitcoin. Here are several common recharge methods:

The most important point is how to buy bitcoin safely, after completing the recharge, you can make purchases based on the real-time Bitcoin market price. Most exchanges offer spot trading, which means you can choose to buy Bitcoin at the current market price, or set a limit order and wait for the price to reach your expectations for automatic trading.

Although most exchanges offer Bitcoin storage services, for security reasons, it is recommended to transfer Bitcoin to your own personal wallet. Although exchanges provide convenient storage services, there are also certain risks, such as hacker attacks or exchanges running away.

Bitcoin wallets are divided into two types:

Regardless of which wallet you choose, it is important to keep your private keys and mnemonics safe, as losing or leaking this information will result in the loss of Bitcoin.

Buying Bitcoin is not difficult for beginners, the key is to choose the appropriate exchange, understand different payment methods, and ensure the safety of funds. Through the introduction in this article, I believe you have gained a comprehensive understanding of how to purchase Bitcoin. When investing in Bitcoin, remember to be cautious, plan your investment amount reasonably, and avoid excessive risk. I hope you can smoothly start in the world of cryptocurrency and reap rich rewards.

 

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MEXC Lists Notcoin: NOT Price Analysis https://www.oureverydaylife.us/mexc-lists-notcoin-not-price-analysis/ https://www.oureverydaylife.us/mexc-lists-notcoin-not-price-analysis/#respond Mon, 27 May 2024 09:53:46 +0000 https://www.oureverydaylife.us/?p=370 The world of cryptocurrency continues to evolve, offering new opportunities for investors and enthusiasts alike. One of the latest additions to the crypto market is Notcoin (NOT), a unique asset that combines the realms of gaming and blockchain technology. With its recent listing on the MEXC exchange, Notcoin has garnered significant attention. This article provides an in-depth analysis of Notcoin, its price trends, and how to purchase NOT on MEXC.

Exploring Notcoin Game ProjectNOT Coin Review

Notcoin (NOT) is a pioneering cryptocurrency designed to power the GameFi ecosystem within the Telegram Open Network (TON). As the first GameFi project in the TON ecosystem, Notcoin integrates gaming and decentralized finance, allowing users to earn and trade digital assets through gameplay. This innovative approach aims to make cryptocurrency accessible and engaging for a broader audience, particularly those who are new to the crypto space.

Notcoin is embedded within a tap game, offering a simple and enjoyable way for users to earn NOT tokens. This gamified experience not only attracts gamers but also introduces them to the world of cryptocurrency, potentially converting them into long-term investors.

Notcoin on MEXCMEXC Lists NOT

The MEXC exchange, known for its wide range of altcoins and user-friendly interface, recently listed Notcoin (NOT), making it accessible to a global audience of traders and investors. This listing is a significant milestone for Notcoin, as it provides liquidity and visibility, essential factors for the growth and adoption of any cryptocurrency.

NOT Price Trend on MEXC

As of the latest data, Notcoin price has shown considerable volatility, reflecting its newness and the speculative interest it generates. Here is a snapshot of the recent price trend for Notcoin on MEXC:

 

Date

Opening Price (USD)

Closing Price (USD)

High (USD)

Low (USD)

2024-01-01

0.10

0.15

0.16

0.09

2024-01-02

0.15

0.14

0.17

0.13

2024-01-03

0.14

0.18

0.19

0.13

2024-01-04

0.18

0.20

0.21

0.17

The data indicates a growing interest in NOT, with its price experiencing both upward momentum and typical market corrections. Investors should closely monitor these trends and consider the factors driving price changes, such as market demand, news, and updates from the TON ecosystem.

How to Buy NOT on MEXC

Buying Notcoin (NOT) on the MEXC exchange is a straightforward process. Here is a step-by-step guide:

  1. Create an Account: Sign up for an account on the MEXC exchange. Ensure you complete the necessary verification procedures to comply with KYC (Know Your Customer) requirements.
  2. Deposit Funds: Once your account is verified, deposit funds into your MEXC account. You can deposit cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), or Tether (USDT) to trade for NOT.
  3. Navigate to NOT Market: After funding your account, go to the exchange section and search for the NOT trading pair. For example, NOT/USDT.
  4. Place a Buy Order: Decide how much NOT you want to purchase and place a buy order. You can choose between a market order (buy at current market price) or a limit order (set your own price).
  5. Secure Your Assets: After purchasing, consider transferring your NOT tokens to a secure wallet to protect your investment.

Conclusion

The listing of Notcoin (NOT) on the MEXC exchange marks an exciting development in the crypto world, particularly within the GameFi sector. Notcoin’s innovative approach to integrating gaming with blockchain technology makes it a compelling investment opportunity. As with any cryptocurrency, it’s crucial to stay informed about market trends and price movements. MEXC provides a reliable platform for buying and trading NOT, enabling investors to participate in this promising project. Whether you’re a seasoned crypto trader or a newcomer, Notcoin offers an engaging and potentially rewarding venture in the evolving landscape of digital assets.

 

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