ErreursDeTrading
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šØ DO NOT DO THIS ON BINANCE IF YOU ARE A BEGINNER āš
Have you just entered the world of crypto trading on Binance?
Greatā¦ but be careful: one wrong move can cost you dearly! Here are the common mistakes that every beginner must avoid at all costs:
šŗ 1. Using leverage from the start
You see "x10", "x20" and think you can multiply your gains? Bad idea. Leverage also amplifies your losses. In a few seconds, your capital can be liquidated.
šŗ 2. Blindly following signals on social media
"Buy now!", "Token that is exploding!"
These Telegram groups or TikTok pages make you dream? Most push you to enter too late so that others can cash in the profits. Beware of self-proclaimed "experts".
šŗ 3. Trading without understanding the types of orders
Are you clicking on "market" instead of "limit"?
Result: you buy/sell at an unfavorable price. Learn the difference between orders before acting.
šŗ 4. Putting 100% of your capital into a single crypto
Classic mistake: "Iām betting everything on this coin that will go x100!"
No. Good risk management also means diversifying.
šŗ 5. Forgetting to activate security (2FA)
Your Binance account without two-factor authentication is like leaving your house without a door. Protect your capital from hacks.
ā Pro tip: start with a small capital (even 10 or 20 USDT), educate yourself, observe the markets, and learn to manage your stress.
Remember: trading does not forgive recklessness.
On Binance, itās not the one who acts fast that winsā¦ itās the one who understands what they are doing.
Patience, discipline, strategy.
#CryptoDebutant #Binance #ErreursDeTrading #CryptoSecurite #BTC
Have you just entered the world of crypto trading on Binance?
Greatā¦ but be careful: one wrong move can cost you dearly! Here are the common mistakes that every beginner must avoid at all costs:
šŗ 1. Using leverage from the start
You see "x10", "x20" and think you can multiply your gains? Bad idea. Leverage also amplifies your losses. In a few seconds, your capital can be liquidated.
šŗ 2. Blindly following signals on social media
"Buy now!", "Token that is exploding!"
These Telegram groups or TikTok pages make you dream? Most push you to enter too late so that others can cash in the profits. Beware of self-proclaimed "experts".
šŗ 3. Trading without understanding the types of orders
Are you clicking on "market" instead of "limit"?
Result: you buy/sell at an unfavorable price. Learn the difference between orders before acting.
šŗ 4. Putting 100% of your capital into a single crypto
Classic mistake: "Iām betting everything on this coin that will go x100!"
No. Good risk management also means diversifying.
šŗ 5. Forgetting to activate security (2FA)
Your Binance account without two-factor authentication is like leaving your house without a door. Protect your capital from hacks.
ā Pro tip: start with a small capital (even 10 or 20 USDT), educate yourself, observe the markets, and learn to manage your stress.
Remember: trading does not forgive recklessness.
On Binance, itās not the one who acts fast that winsā¦ itās the one who understands what they are doing.
Patience, discipline, strategy.
#CryptoDebutant #Binance #ErreursDeTrading #CryptoSecurite #BTC
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