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For new Binance users, starting with Bitcoin (BTC) or Ethereum (ETH) is highly recommended. These are the two largest and most established cryptocurrencies, offering high liquidity and generally lower volatility compared to smaller altcoins.
Alternatively, consider stablecoins like USDT or USDC. These are pegged to the US dollar, meaning their value remains stable, making them ideal for understanding the trading interface without price fluctuations.
Avoid highly volatile meme coins or obscure projects initially. Focus on learning the basics of trading, risk management, and understanding market movements with well-known assets. Dollar-Cost Averaging (DCA) is a good strategy to mitigate risk by investing small, regular amounts.
$BTC #newuserguide #BuildTogether
$ETH
$USDC
Alternatively, consider stablecoins like USDT or USDC. These are pegged to the US dollar, meaning their value remains stable, making them ideal for understanding the trading interface without price fluctuations.
Avoid highly volatile meme coins or obscure projects initially. Focus on learning the basics of trading, risk management, and understanding market movements with well-known assets. Dollar-Cost Averaging (DCA) is a good strategy to mitigate risk by investing small, regular amounts.
$BTC #newuserguide #BuildTogether
$ETH
$USDC
Common Mistakes Every Crypto Beginner Should Avoid#crypto #Beginnersguide #newuserguide
If you're new to crypto investing or trading, avoid these 5 common mistakes that most beginners make:
1. FOMO (Fear of Missing Out): Don’t invest just because everyone else is doing it. Always research before jumping in.
2. No Stop Loss: Not using a stop loss can lead to massive losses if the market crashes. Always protect your trades.
3. Overtrading: Trading too often can exhaust your funds and your mental energy. Be selective and patient.
4. Following the Wrong Influencers: Not everyone on social media is a crypto expert. Stick to trusted sources.
5. Ignoring Wallet Security: Always enable 2FA, use strong passwords, and never share your private keys with anyone.
By avoiding these mistakes, your crypto journey can be safer, smarter, and more profitable.
If you found this helpful, give it a like and share with others!
If you're new to crypto investing or trading, avoid these 5 common mistakes that most beginners make:
1. FOMO (Fear of Missing Out): Don’t invest just because everyone else is doing it. Always research before jumping in.
2. No Stop Loss: Not using a stop loss can lead to massive losses if the market crashes. Always protect your trades.
3. Overtrading: Trading too often can exhaust your funds and your mental energy. Be selective and patient.
4. Following the Wrong Influencers: Not everyone on social media is a crypto expert. Stick to trusted sources.
5. Ignoring Wallet Security: Always enable 2FA, use strong passwords, and never share your private keys with anyone.
By avoiding these mistakes, your crypto journey can be safer, smarter, and more profitable.
If you found this helpful, give it a like and share with others!
#newuserguide
Tips and must-knows for Square Creators
Welcome, Square Creators! We wanted to share some tips and must-knows to help newly joined creators start gaining their first 100 followers and begin earning on Binance Square. Here you go:
Tips x 7:
Set up a nickname and avatar on Binance Square (it might impact your reach if you don't)
Discover new trends and explore content ideas using #hashtags
Write about hot, new listings, top gainers, and losers on Binance. Tag the token using "$" (e.g., $BTC $ETH $BNB )
You can create short posts, in-depth articles, with images, polls, videos, and live audio on Square
Ask your family and friends to follow you on Binance
When you first start, it's important to gather likes and comments from your family and friends to help achieve better reach
Join Write to Earn and start earning
Register Write to Earn here and get up to 30% in trading fee commission by creating content on Square
Follow @Binance Square Official for future campaign and feature updates! Or visit Creator Academy
Don'ts X 3:
Posts directing users to third-party platforms (e.g., Telegram groups, private channels) are strictly prohibited
Giveaways (e.g., "comment UID to get rewarded") and begging for money are not allowed. Please only participate in official giveaways in the Square Giveaway Centers
To safeguard users from being scammed, please avoid sharing projects or news that have not been verified
Are you finding the article helpful? comment
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#AltcoinTrade #AltcoinSeasonComing
Tips and must-knows for Square Creators
Welcome, Square Creators! We wanted to share some tips and must-knows to help newly joined creators start gaining their first 100 followers and begin earning on Binance Square. Here you go:
Tips x 7:
Set up a nickname and avatar on Binance Square (it might impact your reach if you don't)
Discover new trends and explore content ideas using #hashtags
Write about hot, new listings, top gainers, and losers on Binance. Tag the token using "$" (e.g., $BTC $ETH $BNB )
You can create short posts, in-depth articles, with images, polls, videos, and live audio on Square
Ask your family and friends to follow you on Binance
When you first start, it's important to gather likes and comments from your family and friends to help achieve better reach
Join Write to Earn and start earning
Register Write to Earn here and get up to 30% in trading fee commission by creating content on Square
Follow @Binance Square Official for future campaign and feature updates! Or visit Creator Academy
Don'ts X 3:
Posts directing users to third-party platforms (e.g., Telegram groups, private channels) are strictly prohibited
Giveaways (e.g., "comment UID to get rewarded") and begging for money are not allowed. Please only participate in official giveaways in the Square Giveaway Centers
To safeguard users from being scammed, please avoid sharing projects or news that have not been verified
Are you finding the article helpful? comment
Yes
No
#AltcoinTrade #AltcoinSeasonComing
How to Use EMA to Trade Bitcoin and Make Profits
If you’re new to trading, the Exponential Moving Average (EMA) is a great tool to help you understand when to buy or sell Bitcoin (or any other crypto). EMA helps you see the trend quickly by focusing more on recent prices.
In this article, I’ll explain how you can use EMA easily to take better trades and make more profit.
What is EMA?
EMA stands for Exponential Moving Average. It’s a line on the price chart that shows the average price but gives more weight to recent prices. This way, it moves faster and shows trends earlier than regular averages.
Why Use EMA?
It shows if the price is going up or down.It helps find good times to buy or sell.It acts like a guide showing support or resistance.It reacts quickly to price changes, helping you trade at the right time.
How to Use EMA for Trading
1. Pick EMA Periods
Short EMA: Like 9 or 12 periods, shows recent price changes.
Long EMA: Like 26 or 50 periods, shows overall trend.Using two EMAs together helps you spot when the trend changes.
2. Use EMA Crossovers to Trade
Buy Signal: When the short EMA crosses above the long EMA, it means the price might go up.
Sell Signal: When the short EMA crosses below the long EMA, it means the price might go down.
For example, use a 12 EMA and a 26 EMA. Buy when 12 EMA goes above 26 EMA. Sell when 12 EMA goes below 26 EMA.
3. Watch Price and EMA Lines
If the price stays above EMA, the trend is up — look for buying opportunities.If the price stays below EMA, the trend is down — look for selling opportunities.
4. Use Other Tools to Confirm
EMA works better with other tools like:
RSI (shows if the price is too high or too low)Volume (shows how strong the move is)
5. Set Stop Loss and Take Profit
Put your stop loss a little below the EMA line to protect yourself if the trade goes wrong. Set your profit target where the price is likely to stop or based on how much you want to gain.
Simple Tips for Better Trading with EMA
Follow the trend shown by EMA, don’t trade against it.EMA can give false signals in sideways markets, so be careful.Check longer timeframes to confirm the trend before making a trade.Be patient and wait for clear signals before entering.Practice your EMA strategy on demo accounts first.#ema #newuserguide #CryptoTrends2024
In this article, I’ll explain how you can use EMA easily to take better trades and make more profit.
What is EMA?
EMA stands for Exponential Moving Average. It’s a line on the price chart that shows the average price but gives more weight to recent prices. This way, it moves faster and shows trends earlier than regular averages.
Why Use EMA?
It shows if the price is going up or down.It helps find good times to buy or sell.It acts like a guide showing support or resistance.It reacts quickly to price changes, helping you trade at the right time.
How to Use EMA for Trading
1. Pick EMA Periods
Short EMA: Like 9 or 12 periods, shows recent price changes.
Long EMA: Like 26 or 50 periods, shows overall trend.Using two EMAs together helps you spot when the trend changes.
2. Use EMA Crossovers to Trade
Buy Signal: When the short EMA crosses above the long EMA, it means the price might go up.
Sell Signal: When the short EMA crosses below the long EMA, it means the price might go down.
For example, use a 12 EMA and a 26 EMA. Buy when 12 EMA goes above 26 EMA. Sell when 12 EMA goes below 26 EMA.
3. Watch Price and EMA Lines
If the price stays above EMA, the trend is up — look for buying opportunities.If the price stays below EMA, the trend is down — look for selling opportunities.
4. Use Other Tools to Confirm
EMA works better with other tools like:
RSI (shows if the price is too high or too low)Volume (shows how strong the move is)
5. Set Stop Loss and Take Profit
Put your stop loss a little below the EMA line to protect yourself if the trade goes wrong. Set your profit target where the price is likely to stop or based on how much you want to gain.
Simple Tips for Better Trading with EMA
Follow the trend shown by EMA, don’t trade against it.EMA can give false signals in sideways markets, so be careful.Check longer timeframes to confirm the trend before making a trade.Be patient and wait for clear signals before entering.Practice your EMA strategy on demo accounts first.#ema #newuserguide #CryptoTrends2024
All new user should follow this method.#TrumpVsMusk #MyCOSTrade #MarketPullback #newuserguide $BTC $BNB
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