writet2earn

Easy Risk Management Tips for New Crypto Traders 💡
1️⃣ Only Invest What You Can Lose 💸
Crypto prices go up ⬆️ and down ⬇️ very fast. Use money that won’t hurt you if it’s gone.
2️⃣ Know When to Buy & Sell ⏳
Before you trade, decide the price to enter (buy) and the price to exit (sell). Don’t change your mind just because the market is moving fast.
3️⃣ Use Stop-Loss Orders 🛑
A stop-loss will sell your coins if the price drops too much — saving you from big losses.
4️⃣ Don’t Put All Eggs in One Basket 🥚🧺
Invest in different coins, not just one. This way, if one drops, others can help cover the loss.
5️⃣ Check Risk vs. Reward ⚖️
Pick trades where your profit goal is at least 2–3× bigger than your possible loss.
6️⃣ Be Careful with Leverage ⚡
Borrowing money to trade can make big profits but also big losses. Beginners should stick to normal (spot) trading first.
7️⃣ Stay Updated 📰
Follow crypto news, project updates, and rules in your country. Knowing more = losing less.
8️⃣ Have a Plan & Follow It 📋
Set your goals, strategy, and limits before trading. Don’t let emotions control you.
🚀 Follow for more easy crypto tips!
#RiskManagement #writet2earn

#Write2Earn
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📊 What is PNL? – in simple terms

Hello!
I continue to get acquainted with Binance – today I noticed PNL for the first time.

💡 It turned out to be a very important thing:
PNL (Profit and Loss) – is an indicator of how much I have earned or lost.

🔹 If the price has risen after I opened a position – PNL will be positive.
🔸 If it has fallen – PNL will show a negative.

For example:
I bought a token for $10, and it is now worth $11 – PNL shows +10%
If it fell to $9 – PNL will become -10%

It's convenient that Binance calculates everything automatically.
Now I check my PNL every day – it's like a mini-report on my trading 😅

Do you often look at your PNL? Is it in + or - for you? 👇

#Binance #PLN #НовичокВКрипте #WriteT2Earn #BinanceSquare

$BTC $GUN