5 Things Not to Do as a Beginner on Binance
Getting started with Binance is exciting, but beginners should avoid some common mistakes:
1 - Don’t invest money you can’t afford to lose. Crypto prices can change fast, so only use extra money, not your savings.
2 - Don’t skip research. Always learn about the coins or projects before putting in your money.
3 - Don’t trade too much or use leverage. It’s risky and can cause big losses if you’re not experienced.
4 - Don’t ignore security. Use strong passwords, turn on 2FA, and don’t share your account details.
5 - Don’t chase high returns blindly. High APYs might seem good, but they often come with risks. Start with safe options like staking well-known coins.
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