Hello, this is my first post and the most important because I will tell what I learn with all of this years on binance. What I’m doing this?. Because is sad to read people lost money on something you can prevent. Let’s start.
I have been tested this functions Spot, Futures, Earn, Loan, Launchpad and more. I would tell you what giveme the best results. I invested in general like $5000 usdt.
1. Spot Simply the best tool on binance to purchase any coin. Swap is easy but with spot you can gain more coins if you are patient just waiting 15 minutes or 1 hour to purchase. Just look the chart when is average lower. Always buy low and sell high in normal conditions manually or use grids,is a good way if you want semi automatic trading.
2. Markets are Dynamics .
That’s mean if you purchase low and you are 100% sure you are purchasing low the market can go more lower or rise, that is because markets react in every moment people do, and that involve many factors, like Volume, RSI, SMA, etc. If you purchased and the price is going low do not sell. It’s the market nature, it would rise. But always on TRUSTED PAIRS tokens or coins. If you would expect a fair market on new coins or PAIRS is your decision. Always research first before purchase something. A good way to invest is when 24 hour volume is good and high. Because in that situation the market would react more normally.
3. Binance Earn
The forgotten treasure and Is totally secure. I always was thinking about this function do not give me the results I want. But I started using it few months ago and my capital increase a lot. And is not for the APR, is because no matter how little are your gains 0.000022234 daily for example. The winning on this is, to put on earn good Pairs that you know the price would rise after time. I made like $100 in one month just with %1 apr. I have all my funds on earn right now, I put most of them on flexible and others on 30 day max. Flexible you can withdraw any time. 30 day or more if you are very sure the Coin (Pair) is a trusted one and the price would be stable.
4. The futures Dungeon.
Well, is the most risky tool ever I tested. I made $400 with just $100 in one day and lost $1400 on 3 days.
LIquitidy price is what you need to focus on. If you made your position and the website tell you the liquitidy price is very close the actual price, like 20 cents, close it. Do not worth. If you really want to use that, do your research and always on High Volume 24 hour PAIRS (Coins) and trusted ones, on slow volume pairs the market would do everything to take your money. Prepare to be watching the chart, configure a alert on tradingview to alert when is 15% close to your liquidity price and even use the API to automate reduce your position when the market are chasing you. Yes, the market is Dynamic. Some people like futures. But they do all of this thing or more to protect themselves from the market price chasing the liquidity price. Do not Leverage more than 5x, is not worth it. There are some cases you can use more than this and yes I have been tested up to 25x , when is pressure on the PAIR by some news the market is forced to follow the trend, but is not all the time. Vitálik the funder of etherum says do not do more than 3% leverage, so 5% for me is the max standard when i put a position and if binance give me a very good liquidity price. I just have 2 future positions right now. Less than $100. When you put more money the liquidity price would become more closer. Binance now have a tool to practice first before launch to this dungeon.
5. The best and the winner Binance Launchpad.
I made like 1k on just 2 weeks. Just staking on the pool BNB and binance is amazing, because you don’t even need to claim your tokens you can focus on your real job or other job. When the launchpad ends binance send it to your spot account. How amazing is this. I have been on all launchpads since one month, no even a single a lost.
6. Remember launchpad right?. Just combine with purchasing when the binance list the PAIR (coin) to be purchased it on spot. You would need to prepare to have fast hand to purchase in the exact time on listing, or have tech skills to use API. I Gained like 300% to 400% on this. Like 2k USD. With just $400 ustd purchased on listing. You can do this by yourself now. Just don’ lost the next launchpools.
But if you want something more automatic, I’m creating a club website that can do this on automatic. Just follow me if you want to use my services. It will be available soon to public. Currently is on beta and private.
7. Daily trading.
Well I’m not a pro trader but I have been tested all timeframes, 1 seg, 1 min, 2 min……1 day, 1 month…etc.. The best time frame for me is what give you gains. 1 seg is not recommended. You will not cover the fees. Use a timeframe that you can got gains and cover fees. Always backtesting is a tool that tell if your script, idea can generate gains. A amazing tool is tradingview. But remember this can be complicated for some people and involve a lot of time. Personally i used it a lot because you can do more chart research on that. Remember if you are in gains the market is dynamic and it can react making you to lost money or waiting a lot of time to cross your position to have gains. Remember when i say buy low and sell high? in daily trading this can be different sometimes is better to purchase high, that’s why I tell this involve a lot of time to understand. A good way to a beginner to enter on daily trading is use 15 minute timeframe or more and always and be patient and backtest everything.
8. You win money because someone lost it.
Always remember that. This is how market works. That’s why this is a patient activity.
9. When you make a mistake is better to lost 10% than 100% of you capital. But if you are only 100% sure you make a mistake only, this apply more on futures and other risky tools. Remember markets are Dynamics.
10. Defi is a wild west.
Be carefull with dexes like Uniswap, Dextools, Pancake or others. They list any tokens. You need to research a lot before purchasing something, always verify the contract, if you like Dexes. There is a opportunity if you have experience to purchase PAIRS when listing and made lot of gains. Just remember to check contract with tools like "tokensniffer" or others. Dextools have a good research that can tell you if is pass all the checks, but even if all looks good you can be scammed. Research more on defi than you normally do on binance, That’s why I love binance it safe me some time on research.
11. In what coins I’m investing?. Well. I would tell you.
The best: $ARB ("Arbitrum"). Simply a strong chain. Not selling before 2035 -2040 . I'm already on 50% gains.
The new: $ALT ("AltLayer"). Amazing talent people behind this project. I made my research is very advanced backup with good Financial Capitals. I'm not selling before 2045 -2055. I'm Already on 60% gains.
$VET (VETChain). Yes, I love the chains because. They can grow huge. I personally love it because is very stable on the market. They like to protect your investment from bearish people. I’m on 10% gains. Well hope this would rise on the future. I read some good news from they today. It’s matter of time of bull run. I'm not selling before 2040 .
("TheGraph"). Is a good one coin. Have a lot of utility. I don’t have so much gains on this. But I purchase on things that have a good utility is matter of time it would rise.
Well, that’s all. There are more amazing tokens out there. But I don’t have the time to make more research. (FET) (FetchAI) is a good one too. But I don’t remember why I sold, maybe because the market on that pair is not giving all the trust I want.
12. Good Luck and always DYOR ( Do your own research ).
And invest on only you can afford to lose. I don’t put all my money on crypto. You need to be responsible and more if you have a family and remember I’m sharing my experience. This is not a investment advice.
Follow me if you want to hear more about my journey on this. I promise to be honest on my experience.