Advice for beginners If you are a beginner on the Binance platform and have a capital of $ 100, you can follow the following steps

Advice for beginners#MarketDownturn #BTC☀️ ##ETF_ETH

If you are a beginner on the Binance platform and have a capital of $ 100, you can follow the following steps to get a good and safe start:

1. Learn the basics first

Don't rush into trading directly. Understand basic concepts such as:

What are cryptocurrencies.

How to read the market (Market Analysis).

The difference between trading (Trading) and investing (Investing).

Order types (Limit, Market, Stop-Loss).

Binance offers a free educational academy that you can start with (Binance Academy).

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2. Capital division ($ 100)

Allocate 80% for long-term investment:

Choose major and reliable cryptocurrencies such as Bitcoin (BTC) or Ethereum (ETH). These currencies are less volatile than small currencies.

Invest a small portion (say $50-80) without much risk.

20% for short-term trading (Trading):

Use the remaining amount ($20) to learn trading. Start with currency pairs like BTC/USDT or ETH/USDT because they are the most liquid.

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3. Choose a clear strategy

Choose one of these strategies:

HODL (hold): Buy currencies and hold them for a long time.

Day Trading: Buy and sell currencies on the same day.

Swing Trading: Target profit within days or weeks based on technical analysis.

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. Cryptocurrencies are high-risk, so invest wisely