Binance Square
Tido Tido
@Square-Creator-9e5998542
Following
Followers
Liked
Shared
All Content
--
If you re a beginner and you assist comment here
If you re a beginner and you assist comment here
For beginners
For beginners
Ben Walther
--
The Power of the 6x1 Rule!

When I started crypto trading, I lost money faster than I could count.

Basically, I made every mistake you can imagine (and I mean EVERY!!).

Here's how I made it back 👇

After a month, I sat down and confronted myself with the disaster I had created.

I felt devastated and motivated at the same time.

I was angry because I made all the mistakes I had read about before I started.

That was the time when I created my 6x1 Rule.

It became my mantra for a long time. Even today, I follow some of the rules.

If you are about to get started with crypto trading, this might be a helpful framework:

1️⃣ Token
The crypto world seems to be full of opportunities. But too many opportunities lead to distraction.

Choose one token and focus on it. Don’t look left and right. You have to become one with the token.

1️⃣ Timeframe
Choose one timeframe (the higher, the better) and stick to it. Don’t switch, don’t mix it. Solely trade this timeframe.

1️⃣ Trading Strategy
Get started with one strategy. Then, monitor, improve, adjust, and maintain this strategy.

But stick to it. Don’t jump between strategies and try new ones every day. Crypto trading is about consistency.

1️⃣ Trade at a Time
Usually, this is the result of the above, but I wanted to remind myself explicitly.

Multi-tasking is an illusion. It’s only one trade at a time. Period.

1️⃣% of Assets
Don’t risk more than 1% of your assets with a trade. I know this sounds ridiculously low.

Remember, you are just getting started.

So, it’s much better to play defense when you get started instead of losing everything in a kamikaze trade.

1️⃣x Leverage
In other words, DO NOT LEVERAGE. Even for expert traders, leverage can be a killer. Never use it when you start.

👇
If you want to get started with crypto trading, you can check out Crypto OS.

It’s the platform I’ve developed based on all the mistakes I made.

It contains data-driven trade signals, Binance integration, backtest data, AI forecasts, trading bots, and more. Try it for free!
Ahsan_01
--
"Learn from your losses! 💡
"What i learnt! Here's all That:

1. Stay calm if the trend goes against you.

2. Always use stop-loss orders.

3. Take profits conservatively, between 1-10%.

4. After opening a trade, set your stop-loss and take-profit, then take a break to learn more about trading.

5. Analyze your mistakes when you lose and avoid them next time.

6. Aim for a daily profit target. 🎯

7. Avoid overtrading. Trade wisely! 💰
#BinanceTips"
--
Bearish
Read
Read
暴富日记
--
How can you make yourself more sophisticated?

1. Only praise others, don't step on them.

2. At any time, give fewer suggestions.

3. Don't let others catch you when you speak.

4. Don't answer whatever others ask you. You can choose not to answer some questions.

5. No matter how much you dislike your colleagues, you must maintain superficial goodwill.

6. If you don't know whether you should say something, don't say it.

7. When you can't see the situation clearly, don't join the game and be an outsider.

8. When expressing your opinions, add your personal feelings for reference only.

9. Think about the purpose of others asking a question first, and how to answer it in the best way for yourself.

10. People you don't like, stay away silently.

11. Don't make some things too clear, leave some for others to understand.

12. Learn how to be a person from people who are better than you. 13. When a group of people gossip, go over to listen, but never participate.

14. Learn to shut up first. If you learn to shut up, you will have fewer troubles in life.
15. Hide your temper and smile in front of others every day. 16. Don't say hard words, don't do soft things.
17. Smile, keep smiling.
18. Always keep a backhand.
19. Try to speak more kindly, and kindness brings wealth.
20. Don't say or do things that are too absolute.
21. Think of at least 3 plans for one thing.
22. Don't confide in anyone. You can make ordinary friends, but not friends who confide in you.

#新币挖矿 #比特币减半 #大盘走势
--
Bullish
Yes
Yes
oppa_crypto
--
#write2earn🌐
Okay as you guys know I’m here to be honest and stop Binance scammers from selling you fake hopes and dreams.
We are in a new era of crypto where crypto is very unstable, this means long term investments of alt coins is no longer a safe and secure investments. Especially new coins or meme coins.
Now we are in the short term era where you spot a good new project you invest then you sell when it goes up a little bit.
Any one in square who pushes you guys to invest in new coins or tokens and tells you to hold them for years is delusional.
Stay safe and happy crypto everyone!
Feel free to share your thoughts I’m still learning and I might be wrong 😁
--
Bullish
Hear
Hear
Marinero
--
Trading should be boring.

You should know what to look for, how to execute an idea, and how to manage it.

Most of the time is spent waiting—doing nothing when there are no trades and almost nothing when you're in a position.

If you have a good trade selection process, scanning your watchlist or dashboard shouldn't be a heavy or laborious process. You should be able to glance at the chart/price/spread/whatever you're trading and quickly determine if there's anything interesting there.

The best trades should jump out at you, begging to be traded.

Once you've made a bet, don't fall for the false idol of the lower timeframe, getting stuck on a tick chart, micro-managing every move. In most cases, it's unproductive.

Instead, it's often a symptom of a lack of a clear trade management process. It's also a symptom of not liking the risk you've taken. If you've bet too big on a mediocre opportunity, you subconsciously acknowledge it and compensate with intrusive trade management. This only gives a false sense of security and increases the chances of failing a trade that could otherwise be salvaged.

Social media complicates this task. You're bombarded with charts, ads, PnL images, random buzzwords labeled as "trade ideas," and so on. It can make you feel like if you're not in a money-making trade right now, you're losing.

In reality, most of these things are noise. In cryptocurrency, disproportionately large portions of your lifetime PnL will come from a handful of good positions over a relatively short period of time.

Focus on building your process for these opportunities rather than arbitrarily filling the "positions" tab to feel something.
Must read (beginner)
Must read (beginner)
Monu123
--
"God help those who help themselves" - a popular saying.
You know, What comes fast, goes fast. If you are a trader, you must know what to do and what not to do.
What to do when and how.
1. You must not be greedy.
2. Always be patient. If you are following the rules, don't get stressed.
3. Don't get emotional while trading.Its a professional thing to do.If you get emotional in the market,there is a high chance to lose.
4. Don't be a panicked seller. Suppose you make a long trade and its going reverse. You being a panicked seller, you sell all and bear the losses. NEVER DO THAT.
5. If you are a newbee and you want to learn and earn, find a good mentor who can assist you and guide you in this field.
6. Don't use all your asset in one place. instead of that, split them to earn easily with safety.

If you need more information or you want to connect with me, COMMENT BELOW.
#BullorBear #Memecoins #SHIB #WIF #FET
--
Bullish
Btc halving
Btc halving
Understanding crypto
--
Bitcoin halving 2024: All you need to know
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number

Latest News

--
View More

Trending Articles

Crypto Neo77x
View More
Sitemap
Cookie Preferences
Platform T&Cs