Trading on platforms like **Binance** requires good knowledge and risk management. Here are some important tips:
1. **Learn the basics first**:
- Understand trading terms such as **liquidity, leverage, Stop-Loss, Take-Profit**.
- Learn technical analysis (charts, indicators) and fundamental analysis (market news, economic events).
2. **Account security**:
- Enable **two-factor authentication (2FA)** to protect your account.
- Avoid sharing login information or using public Wi-Fi networks.
3. **Risk management**:
- Do not invest more than you can afford to lose.
- Use **Stop-Loss** orders to set your losses in advance.
- Avoid high leverage if you are a beginner.
4. **Start with a small experiment**:
- Start with small amounts to test your strategy and understand the trading mechanism.
- Use a demo account if available.
5. **Follow the news**:
- Global events (such as political decisions, currency fluctuations) have a strong impact on the markets.
- Follow reliable accounts like **CoinDesk** or **Cointelegraph**.
6. **Diversify investments**:
- Do not put all your money into one currency or asset.
- Consider distributing your portfolio between cryptocurrencies and other assets.
7. **Avoid emotions**:
- Do not follow **FOMO** (fear of missing out) or make decisions under pressure.
- Stick to a pre-planned trading strategy.