It is a trading method that is based on clear and easy-to-understand rules, such as:
* Buy the currency when its price is low.
* Selling the currency when its price rises.
How to start?
* Open a Binance account: If you don't already have an account, sign up for free.
* Deposit funds: Deposit the amount you wish to invest into your account.
* Choose a currency: Select the cryptocurrency you want to trade.
* Place a buy order: When you see that the currency price is suitable for buying, place a buy order.
* Wait for the rise: Wait for the currency price to rise to your target level, then sell it to make a profit.
Important tips:
* Start small: Don't invest all your money at first.
* Learn technical analysis: Helps you make better buying and selling decisions.
* Be patient: Trading requires patience and continuous learning.
* Consider the risks: Trading carries a risk of losing money.
Useful Resources:
* Binance Academy: Offers free lessons on trading.
* Groups and Communities: You can join groups on social media to learn from the experiences of others.
Note: This is just a simple introduction. Trading requires more study and learning.$ETH