Response to a comment from a follower ✅
The comment is:
I have a problem, I don't understand these topics, I only know how to buy and sell without a plan?
The answer briefly ✅
✅ 1. Do not enter a trade without a clear goal
Determine when to buy and when to sell.
Do not buy just because the price is going down or up.
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✅ 2. Use Stop Loss
It protects you from significant losses.
Like a seatbelt in a car.
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✅ 3. Do not invest all your capital
Divide your capital: part for trading, part as a reserve.
Do not risk 100% of your money.
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✅ 4. Follow the news and the community
Cryptocurrency news affects prices.
Follow Twitter, Telegram, Binance Feed.
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✅ 5. Learn analysis, even a little
Learn to read support and resistance.
Watch YouTube videos daily for 10 minutes.
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