#advice from community
im about a month old at Binance & in the crypto world.....at the expense of not making myself a complete fool, i would like some feedback regarding the my understanding of this platform.
i have invested $150 in various coins/altcoins-
#DODGE #HBAR #PEPE#CARDANO etc...
i use binance lite platform. currently i am about$15 less on my initial investment, this is due to the fluctuations in price of the different coins. am i correct in understanding that all i have done is purchase the coins & not traded them against anything hence the money in my wallet does not get depleted.... my investment fluctuates due to the changing of price on my portfolio but the available fiat will remain.
unlike if i traded a pair then this will affect the funds in wallet aswell.
is this a safeway of investing/trading?
is my understanding of how my acc correct?
#looking fwd to communities feedback
# wishing all a blessed festive season