#FollowThesePrinciples
#EarnSmallButSure
Hi Friends,
The market was totally down over the weekend. How to save your investment? Please follow these principles for Spot Trading on Binance to have minimum or no loss and to earn minimum but sure profit:
1. Look at the market trend on Market Tab then market and then Spot tabs. If you find more red than green it means market is in down trend. Please DO NOT INVEST. It's better to wait than loose.
2. Try to avoid trading on weekends. It is best to work in synchronisation with big cryptocurrency markets working hours to judge the exact mood of the market. Only enter in to trading when GREEN is more than 70%.
3. Buy in small chunks and wait after 1st purchase. Spot Trading experiences a dip after purchase. And keep buying on every dip.
4. Analyse all indicators as to be sure that price will go up. Already high are likely to fall. Select from Losers List.
5. Carefully see RSI which should be below 30 on 1 and minutes time scale.
6. Analyse Trading Data on 15 and 30 minutes scale. It should be min 60% green.
7. Keep monitoring and be ready to accept minimal loss.
8. Always select the coins which make to the Gainers top list time and again. Do not go for coins which are under monitoring tag or being delisted.
9. Be Patient
Please share your experience after trying above method.