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Tips for profitable trading “beginners guide “
Here are some tips for starting Binance trading:
1. Understand the basics: Learn about cryptocurrencies, trading concepts, and Binance's features.
2. Set up a secure account: Enable 2-factor authentication, use a strong password, and verify your identity.
3. Start small: Begin with a minimal investment to get familiar with the platform and trading.
4. Choose popular cryptocurrencies: Select well-known coins like Bitcoin, Ethereum, or stablecoins like USDT.
5. Use the "Convert" feature: Easily exchange one cryptocurrency for another with this feature.
6. Set market orders: Buy or sell at the current market price to avoid complexities.
7. Monitor and adjust: Keep an eye on your investments and adjust your strategy as needed.
8. Stay informed: Follow market trends, news, and analysis to make informed decisions.
9. Diversify: Spread your investments across different cryptocurrencies to minimize risk.
10. Be cautious: Trading carries risks, so don't invest more than you can afford to lose.
11. Use Binance's resources: Take advantage of tutorials, guides, and customer support to help you get started.
12. Stay patient and disciplined: Trading is a long-term game, so avoid impulsive decisions.
Remember, trading on Binance or any platform involves risks. Always prioritize education, caution, and responsible investing practices. Good luck!
#learn2earn #begginermistake $BTC $ETH $BNB
1. Understand the basics: Learn about cryptocurrencies, trading concepts, and Binance's features.
2. Set up a secure account: Enable 2-factor authentication, use a strong password, and verify your identity.
3. Start small: Begin with a minimal investment to get familiar with the platform and trading.
4. Choose popular cryptocurrencies: Select well-known coins like Bitcoin, Ethereum, or stablecoins like USDT.
5. Use the "Convert" feature: Easily exchange one cryptocurrency for another with this feature.
6. Set market orders: Buy or sell at the current market price to avoid complexities.
7. Monitor and adjust: Keep an eye on your investments and adjust your strategy as needed.
8. Stay informed: Follow market trends, news, and analysis to make informed decisions.
9. Diversify: Spread your investments across different cryptocurrencies to minimize risk.
10. Be cautious: Trading carries risks, so don't invest more than you can afford to lose.
11. Use Binance's resources: Take advantage of tutorials, guides, and customer support to help you get started.
12. Stay patient and disciplined: Trading is a long-term game, so avoid impulsive decisions.
Remember, trading on Binance or any platform involves risks. Always prioritize education, caution, and responsible investing practices. Good luck!
#learn2earn #begginermistake $BTC $ETH $BNB
The double top pattern is a bearish reversal pattern typically found in financial markets. It consists of two peaks at approximately the same price level, separated by a trough. Traders often interpret this pattern as a sign that an uptrend is losing momentum and may reverse, potentially signaling a good time to sell or take short positions. It's important to consider other factors and use additional technical analysis tools to confirm the validity of the pattern before making trading decisions.
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where do I get the beginner's guide on the Binance app?
I am new
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I am new
#begginermistake #begginers #helpmeplease
#FOMO
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A common mistake I see:
• They hold a bag of solid coins
• They start getting FOMO
• They lack the disposable income to buy
• They sell their solid coins to chase after these FOMO coins
• The coins go down
They're left with nothing in the end.
#begginermistake
A common mistake I see:
• They hold a bag of solid coins
• They start getting FOMO
• They lack the disposable income to buy
• They sell their solid coins to chase after these FOMO coins
• The coins go down
They're left with nothing in the end.
#TrendingTopic #Advice #begginermistake #New_Update #BTC
Wanna Start doing Crypto Trading ???
if your Answer is 'YES' ,
Then You should Follow these Very Important Steps to become a Trader and Earn money Easily..
$BTC $ETH $BNB
Wanna Start doing Crypto Trading ???
if your Answer is 'YES' ,
Then You should Follow these Very Important Steps to become a Trader and Earn money Easily..
$BTC $ETH $BNB
🥳🥳BEST TRICKS FOR TRADING!
ONLY PROFIT 🤑 NO LOSS‼️
Please note, I will share these tricks based on my opinion and experience in the crypto trading market. So let's start...
● Don't trade in Futures as a new trader. Only trade Spot on Binance platform. In that case, you will get small profit than futures but your funds keep safe and don't liquided or zero.
● If you have enough money in your wallet i.e. more than $1,000 USDT, you can trade in Bitcoin (BTC) and Ethereum (ETH). Otherwise, I suggest you to avoid trade on BTC and ETH.
● Always analyze #BTC before buy any cryptos. If you found BTC chart trending as Sideway or Stable, you can buy some Altcoins based on Binance 24 hours volume list.
● When you buy, select at least top 10-15 Altcoins from 24 hours high volume list and buy 5-7 coins as per your analysis. Try to select coins which are going to retesting before next bullish. Remind again! BTC chart will be stable.
● Now you need to buy coins by using 1% from your total funds and it is very important. For example: if you have $1,000 in your wallet, you can buy 7 coins by using $10 per coins (buy 7 coins = $70).
● After buy, you need to wait 1 day candle close for observation. After 1 day, if you see BTC price has dropped than previous day your buy coins price are also dropped significantly.
● Normally if BTC price dropped, Altcoins price will also dropped hardly than BTC price. But questions is this, from your buy 7 coins some are not dropped hardly and these coins will pump hardly in the next BTC bullrun. So, you can invest more amount in these coins part by part as DCA.
● In this time, from your buy 7 coins those are dropped hardly with BTC price no need to invest now. Wait and when BTC started bullrun, you can invest double amount ($20) in those coins as DCA. So you can easily take profit from all buy coins.
$BTC $ETH $BNB
NOTE: Not buy coins by using your 100% funds. Use 50-70% funds for trading.
#Write2Earn #TrendingTopic #TradeNTell #strk #Portal
ONLY PROFIT 🤑 NO LOSS‼️
Please note, I will share these tricks based on my opinion and experience in the crypto trading market. So let's start...
● Don't trade in Futures as a new trader. Only trade Spot on Binance platform. In that case, you will get small profit than futures but your funds keep safe and don't liquided or zero.
● If you have enough money in your wallet i.e. more than $1,000 USDT, you can trade in Bitcoin (BTC) and Ethereum (ETH). Otherwise, I suggest you to avoid trade on BTC and ETH.
● Always analyze #BTC before buy any cryptos. If you found BTC chart trending as Sideway or Stable, you can buy some Altcoins based on Binance 24 hours volume list.
● When you buy, select at least top 10-15 Altcoins from 24 hours high volume list and buy 5-7 coins as per your analysis. Try to select coins which are going to retesting before next bullish. Remind again! BTC chart will be stable.
● Now you need to buy coins by using 1% from your total funds and it is very important. For example: if you have $1,000 in your wallet, you can buy 7 coins by using $10 per coins (buy 7 coins = $70).
● After buy, you need to wait 1 day candle close for observation. After 1 day, if you see BTC price has dropped than previous day your buy coins price are also dropped significantly.
● Normally if BTC price dropped, Altcoins price will also dropped hardly than BTC price. But questions is this, from your buy 7 coins some are not dropped hardly and these coins will pump hardly in the next BTC bullrun. So, you can invest more amount in these coins part by part as DCA.
● In this time, from your buy 7 coins those are dropped hardly with BTC price no need to invest now. Wait and when BTC started bullrun, you can invest double amount ($20) in those coins as DCA. So you can easily take profit from all buy coins.
$BTC $ETH $BNB
NOTE: Not buy coins by using your 100% funds. Use 50-70% funds for trading.
#Write2Earn #TrendingTopic #TradeNTell #strk #Portal
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Beginners Must know!
Bitcoin's volatility is a combination of its unique properties, market dynamics, speculative trading, and external factors. While volatility presents opportunities for profit, it also increases risk and can deter mainstream adoption as a reliable medium of exchange or store of value.
Limited supply
Market perception
Speculation
Liquidity
Market manipulation
Technological factors
Macro-economic Factors
#Write2Earn
#BitcoinTakeOver
#begginermistake
Bitcoin's volatility is a combination of its unique properties, market dynamics, speculative trading, and external factors. While volatility presents opportunities for profit, it also increases risk and can deter mainstream adoption as a reliable medium of exchange or store of value.
Limited supply
Market perception
Speculation
Liquidity
Market manipulation
Technological factors
Macro-economic Factors
#Write2Earn
#BitcoinTakeOver
#begginermistake
Yes
80%
No
20%
5 votos • Votación cerrada
The double bottom pattern is a bullish reversal pattern commonly observed in financial markets. It consists of two troughs at approximately the same price level, separated by a peak. Traders often interpret this pattern as a sign that a downtrend is losing steam and may reverse, suggesting a potential buying opportunity. As with the double top pattern, it's crucial to confirm the pattern with additional technical analysis tools and factors before making trading decisions.
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Do Trading Be Safe And Follow Statergies. 🫡
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