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Starting your trading journey on Binance? Avoid rookie mistakes with these 3 essential tips:
1. Learn the Basics
Don’t just buy random coins. Understand what spot trading, market/limit orders, and candlesticks are. Knowledge is your edge.
2. Start Small
Trade only what you can afford to lose. $10–$50 is enough to learn without pressure. This is your practice phase.
3. Always Use Stop-Loss
Protect your funds. A stop-loss prevents big losses if the market goes against you.
Avoid leverage until you're 100% confident in your strategy.
Ready to take your first trade?
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