Before starting your trading on Binance, before your first trade of the day, and establishing a risk position, I suggest you:
1. Monitor Oil, Gold, and Commodities: Trade tensions between major economies, conflicts like the one in the Middle East, for example, can impact overall market prices, which can correlate with volatility in the cryptocurrency markets.
2. Stay Alert to Sanctions and Trade Changes: New sanctions or changes in international policies could affect access to cryptocurrencies or fiat transfers.
3. Geopolitical Risk = Market Opportunity: Sharp corrections or rallies can arise from geopolitical shocks; stay agile and informed.
4. Turn a deaf ear to the messages of influencers selling smoke and post-alarmists seeking to generate FOMO and verify sources. Remember that fake news is generated at the speed of light.
5. Review your personal strategy, why you're here, and act diligently.
DYOR
