#TradingTools101 1. Knowledge is power. Understanding concepts such as technical analysis, risk management, trader psychology, and market dynamics is essential to avoid costly mistakes.

2. Reduction of the learning curve. Learning the fundamentals prevents novices from making common mistakes such as overtrading or falling into pump & dump schemes.

3. Preparation for volatility. With a solid foundation, traders can make more rational and less impulsive decisions in the face of crypto volatility.

4. Binance rewards learning. The possibility of earning Binance Points while you learn is an additional incentive that turns studying into a smart investment.