Binance Square

CryptoEducationNow

232 views
3 Discussing
CURATEDWEALTH ON CRYPTO
--
#IfYouAreNewToBinance #CryptoEducationNow #Write2Earn! #squarecommunity 5 Mistakes I Made as a Beginner Trader on Binance šŸš«šŸ“‰ 1. Chasing Pumps Instead of Learning the Charts šŸ“ˆšŸ¤Æ I jumped into coins just because they were trending. I bought green candles and sold red ones. FOMO was my strategy—and it cost me dearly. Lesson: Learn technical analysis and understand why a coin is moving before clicking "buy". 2. Ignoring Risk Management šŸ˜…šŸ’ø I used 50–100% of my capital on single trades, sometimes with leverage. One bad call? Account wiped. Lesson: Use stop-loss orders, position sizing, and only risk what you can afford to lose. 3. Not Taking Profits When I Had Them šŸ’°šŸ‘‰šŸ™… I watched 3x gains turn into losses because I was greedy. ā€œIt’ll go higher,ā€ I thought. It didn’t. Lesson: Set clear exit targets. Always secure your bag before the market secures your regret. 4. Getting Info from Hype, Not Research šŸ§ šŸ—žļø I trusted Twitter influencers and TikTok hype without verifying the project, tokenomics, or team. Lesson: DYOR (Do Your Own Research). Hype fades, but fundamentals matter. 5. Not Having a Trading Plan šŸŽÆšŸ“Š I woke up and traded whatever looked ā€œhotā€. No goals, no rules—just vibes. Lesson: Build a strategy. Know your entry, target, and exit before entering the trade. šŸ’” Final Tip: Don’t beat yourself up. Mistakes are part of the journey. Just don’t repeat them. Learn, adjust, and keep moving forward.$WCT {spot}(WCTUSDT)
#IfYouAreNewToBinance #CryptoEducationNow #Write2Earn! #squarecommunity

5 Mistakes I Made as a Beginner Trader on Binance šŸš«šŸ“‰

1. Chasing Pumps Instead of Learning the Charts šŸ“ˆšŸ¤Æ
I jumped into coins just because they were trending. I bought green candles and sold red ones. FOMO was my strategy—and it cost me dearly.

Lesson: Learn technical analysis and understand why a coin is moving before clicking "buy".

2. Ignoring Risk Management šŸ˜…šŸ’ø
I used 50–100% of my capital on single trades, sometimes with leverage. One bad call? Account wiped.

Lesson: Use stop-loss orders, position sizing, and only risk what you can afford to lose.

3. Not Taking Profits When I Had Them šŸ’°šŸ‘‰šŸ™…
I watched 3x gains turn into losses because I was greedy. ā€œIt’ll go higher,ā€ I thought. It didn’t.

Lesson: Set clear exit targets. Always secure your bag before the market secures your regret.

4. Getting Info from Hype, Not Research šŸ§ šŸ—žļø
I trusted Twitter influencers and TikTok hype without verifying the project, tokenomics, or team.

Lesson: DYOR (Do Your Own Research). Hype fades, but fundamentals matter.

5. Not Having a Trading Plan šŸŽÆšŸ“Š
I woke up and traded whatever looked ā€œhotā€. No goals, no rules—just vibes.

Lesson: Build a strategy. Know your entry, target, and exit before entering the trade.

šŸ’” Final Tip: Don’t beat yourself up. Mistakes are part of the journey. Just don’t repeat them. Learn, adjust, and keep moving forward.$WCT
šŸ”„ Top Layer 2s That the Blockchain Can’t Live Without (Essential infrastructure scaling Ethereum & beyond) #CryptoEducationNow #MarketPullback #IfYouAreNewToBinance 🧠 Top Layer 2s Powering the Future: 1. Arbitrum (ARB) šŸš€ Rollup solution for faster, cheaper Ethereum transactions 🧩 Major DeFi apps like GMX & Uniswap support it āœ… Huge TVL (Total Value Locked) leader šŸ›”ļø Uses Optimistic Rollups 2. Optimism (OP) šŸ’” One of the first to push Optimistic Rollups 🧱 Core to Coinbase’s Base chain šŸŖ™ Incentivized growth via retroactive funding šŸ”„ Compatible with Ethereum dApps 3. Base (by Coinbase) šŸ›ļø Backed by Coinbase šŸ”— Built on Optimism’s tech (OP Stack) šŸ’¼ Onboards millions via a centralized-to-decentralized bridge 🌱 Web2.5 + Web3 integration enabler 4. zkSync Era 🧬 Uses Zero-Knowledge Rollups for lightning-fast speed + privacy šŸ› ļø Dev-friendly ecosystem 🧩 Low latency for gaming and DeFi šŸ’° Much cheaper gas than L1 ETH 5. Starknet (STARK) 🧠 Based on STARK cryptography šŸ” Superior security and scalability šŸ‘Øā€šŸ”¬ Used by dYdX, Immutable, and more šŸ›” Auditable yet private — perfect for institutions BONUS: āœ… Polygon (PoS + zkEVM) āœ… Linea (by ConsenSys) āœ… Scroll āœ… Immutable X (Gaming) āœ… Mantle (Modular Layer 2) šŸŽÆ Why Blockchains Can’t Live Without Them: Without Layer 2s: šŸ’ø Fees stay high 🐢 Speeds stay slow šŸ˜ž UX suffers 🚧 Mass adoption remains a dream Layer 2s are the key to unlocking the real-world use of blockchain tech. Without them, Ethereum and others would crumble under their own weight.
šŸ”„ Top Layer 2s That the Blockchain Can’t Live Without

(Essential infrastructure scaling Ethereum & beyond)

#CryptoEducationNow #MarketPullback #IfYouAreNewToBinance

🧠 Top Layer 2s Powering the Future:

1. Arbitrum (ARB)

šŸš€ Rollup solution for faster, cheaper Ethereum transactions

🧩 Major DeFi apps like GMX & Uniswap support it

āœ… Huge TVL (Total Value Locked) leader

šŸ›”ļø Uses Optimistic Rollups

2. Optimism (OP)

šŸ’” One of the first to push Optimistic Rollups

🧱 Core to Coinbase’s Base chain

šŸŖ™ Incentivized growth via retroactive funding

šŸ”„ Compatible with Ethereum dApps

3. Base (by Coinbase)

šŸ›ļø Backed by Coinbase

šŸ”— Built on Optimism’s tech (OP Stack)

šŸ’¼ Onboards millions via a centralized-to-decentralized bridge

🌱 Web2.5 + Web3 integration enabler

4. zkSync Era

🧬 Uses Zero-Knowledge Rollups for lightning-fast speed + privacy

šŸ› ļø Dev-friendly ecosystem

🧩 Low latency for gaming and DeFi

šŸ’° Much cheaper gas than L1 ETH

5. Starknet (STARK)

🧠 Based on STARK cryptography

šŸ” Superior security and scalability

šŸ‘Øā€šŸ”¬ Used by dYdX, Immutable, and more

šŸ›” Auditable yet private — perfect for institutions

BONUS:

āœ… Polygon (PoS + zkEVM)

āœ… Linea (by ConsenSys)

āœ… Scroll

āœ… Immutable X (Gaming)

āœ… Mantle (Modular Layer 2)

šŸŽÆ Why Blockchains Can’t Live Without Them:

Without Layer 2s:

šŸ’ø Fees stay high

🐢 Speeds stay slow

šŸ˜ž UX suffers

🚧 Mass adoption remains a dream

Layer 2s are the key to unlocking the real-world use of blockchain tech. Without them, Ethereum and others would crumble under their own weight.
Login to explore more contents
Explore the latest crypto news
āš”ļø Be a part of the latests discussions in crypto
šŸ’¬ Interact with your favorite creators
šŸ‘ Enjoy content that interests you
Email / Phone number