The 10 most common mistakes made by newcomers to Binance (and how to avoid them!) 💸
Entering the cryptocurrency universe through Binance can be exciting, but it can also be dangerous for beginners who make simple – and often avoidable – mistakes. Check out the top 10 mistakes that cause many to lose money and find out how to protect yourself: 1️⃣ Investing on impulse: Buying or selling without studying the market or analyzing the charts can lead to losses. Planning is essential. 2️⃣ Unrealistic expectations: The cryptocurrency market is not a “get rich quick” scheme. Those who seek easy gains tend to make emotional and wrong decisions.
With the new year approaching, where do you think Bitcoin will go next? Drop your prediction for this week's $BTC closing price in the comments of this post 👇 🎁The top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now! *Campaign Period: 2024-12-30 07:00 to 2025-01-05 20:00 (UTC) ‼️Ensure you have updated your app to at least version 2.92. Also, make sure the "Also Repost" box is checked when replying to be eligible for entry.
Terms and Conditions: This campaign may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the campaign period eriod. Ensure the "Also Repost" box is checked when replying, or your comment won't count as a valid entry.To ensure fairness, entries closed at 2025-01-05 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price at 2025-01-05 23:59:59 UTC.If users made multiple comments, only the first comment will be considered as an eligible entry. Deleted comments are not eligible for rewards.In case of identical predictions, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 7 working days after the campaign ends and notified via a push notification under Creator Center > Square Assistant. Rewards will be distributed in the form of token vouchers to eligible users within 14 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this post and the original English version, the English version of this post shall prevail.Additional promotion terms and conditions can be accessed here.
This is a general announcement. The products and services mentioned herein may not be available in your region.
Hello Binancians,
To protect users and maintain a high-quality trading marketplace, Binance conducts periodic reviews of all listed spot trading pairs and may delist selected pairs due to various factors, such as low liquidity and trading volume.
Based on the latest analysis, Binance will remove and no longer support trading for the following spot trading pairs:
As of 2024-12-27 00:00 (UTC): $ACE ACE/BTC, $ACM ACM/TRY, $BOME BOME/BTC, DYM/BTC, MTL/TRY, PIXEL/BNB, PIXEL/FDUSD, QKC/BTC, RAD/BTC, REZ/FDUSD, TUSD/TRY
Please note:
The removal of a spot trading pair does not affect the availability of tokens on Binance Spot. Users can still spot trade the base and quote asset pairs on other trading pairs available on Binance.
Binance will terminate Spot Trading Bots services for the above-mentioned spot trading pairs at 2024-12-27 00:00 (UTC), where applicable. Users are advised to update and/or cancel Spot Trading Bots before the termination of services to avoid potential losses.
There may be discrepancies between the original English content and any translated version. Please refer to the original English version for the most accurate information in case any discrepancies arise.
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a longo prazo a cima de 6 meses eth , btc sol, pepe, e doge,, tem várias outras, mas indico não manter tantas , sem saber a hora de vender e comprar. @nando.souza.brasil
Rosabanana
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What do you think about my portfolio? Any tips for improving it?
It's not because I read and understood your point of view that I'm obliged to agree, but you have a lot of experience and based on your comment I'm going to follow you.
Jonathanmuwong5
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I have recently read posts here on binance of people complaining how they are losing money, how the market is rigged or manipulated,
1.Dear trader please read the Disclaimer again before you start investing.
2. Please understand how the crypto market works before you start investing
Why does the market seem rigged or manipulated?
The crypto market, like any financial market, is subject to various factors that can sometimes lead to perceived manipulation. These include:
Whales: Large holders can influence prices by making substantial trades.
Pump-and-Dump Schemes: Coordinated efforts to inflate prices and then sell off can occur, especially in smaller-cap coins.
Low Liquidity: Smaller tokens with limited trading volume are more vulnerable to price swings.
While not "rigged," traders should stay vigilant and rely on research to make informed decisions.
what controls the crypto market
The crypto market is controlled by a mix of factors, including:
1. **Supply and Demand**: Prices rise when demand exceeds supply and fall when the reverse is true. 2. **Investor Sentiment**: News, social media trends, and market outlooks can influence buying and selling behavior. 3. **Macroeconomic Events**: Interest rates, inflation, and global economic conditions impact the market. 4. **Whales**: Large holders can create significant price movements through big trades. 5. **Regulations**: Changes in government policies or legal frameworks affect market dynamics.
Understanding these factors helps traders navigate the market effectively.
And lastly this is called crypto trading not crypto science, nothing is guaranteed. Just like you don't know if the business you starting will work or not same applies here this is business there are losses and profits, learn to learn from your losses please that's why we journal our trades.
Don't forget the binance disclaimer please:
stay tuned and follow for more. #2024withBinance #BinanceHODLerMOVE $BTC
You just need to understand more about each currency you invest in, so that even when it is in the negative, you know whether it will go back up or not.
Cheri Hamborsky ET5k
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Why is the market falling? I need opinions. I lost almost all my profits and I don't know what to do, whether to sell or if these cryptocurrencies will still rise and should I hold on. Please leave your opinion $BTC $ETH $SOL
This joke is funny, or was it a mistake, we all know that no government......read more
SandroBarros
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Trump will not intimidate with his empty threats. Many countries will turn their backs on the US and the dollar will lose value. Exports and imports will decline. He is afraid.
#MyFirstSquarePost I want to see you all saving my GALA My wallet, only has gala, on December 3rd it will go up 40% if it doesn't go up you can wait until January that's for sure, it has the potential to rise up to 1000% New to Binance Square, excited to share and participate with everyone here!