Some good tips that’s always useful to remember 👇🏻 (plus remember the old saying “gain and let others gain too”)
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RedAlpha23
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I started Binance around a Month Ago and Raised around 3000$ with 10.000$ Capital, i am coming as a beginner and still a beginner. Here what i've learned along the way:
1. Patience is really the key, this might be sounds generic, but patience really do pays off. So always wait for a good time.
2. Buy at Red, Sell at Green, i always do this although it doesnt 100% works but so far this works for me.
3. Diverse your coin, Dont stack all your capital into 1 Token, i always only use 10%-30% of capital for the token i invested.
4. Use Earn & Dual investment, including launchpool and airdrops. This is the way i raise my capital from 10K$ to 13K$++ i dont do much spot trading since i dont have data.
5. DON'T GET BRAINWASHED ! Binance Square's somehow full of delusional and weird people, writing about price down / up WITHOUT any actual data (Baseless), so i always go through square only to get informations, not for trading. DYOR.
6. Put target weekly and dont be greedy, everytime i over extend my Token because thinkink the price will go up, i always losing, so i always put target and will sell my token and i will stop caring about how much the price keep going up, as long my target is reached.
These all based on my beginner experience ! So in this bearish market, i just hold and when my target reach i will raise another 2000$ ish
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