**Welcome to Binance: Tips for Newcomers**

How many times have we heard people complain that coins go down when they buy and go up when they sell? This is the mistake that often makes the rich richer and the poor poorer.

Newcomers to Binance often find themselves confused. The first thing they notice is a completely green chart with a very long candlestick or a rollercoaster surge in the lite version of the app. They rush to buy as much as they can, only to see the crash a few minutes, if not seconds, later. At that point, they feel scammed and the complaining begins.

For those with even a basic knowledge of the market, this is an obvious and basic concept. However, for beginners, the fear of losing everything leads them to sell low, recovering perhaps half of their investment, and then bet everything on another long green candlestick, until they are left with just a few pennies.

So guys, the advice is simple: buy a coin that has gone down in the last week and don't invest it all at once. Limit yourself to a maximum of 25% of what you have. If the coin goes down further, buy another 10% at each step down. This won't guarantee you'll get rich tomorrow, but it could make your portfolio grow over time. Even a 2% increase is a great result if you're not an expert. In the meantime, study hard.