#BinanceHODLerTOWNS Here are some very important technical tips for beginners in the trading field, especially in cryptocurrencies.
Start using a reliable and user-friendly trading platform like Binance or Bybit, and learn the basics of the interface before actual trading. Always enable two-factor authentication (2FA) to protect your account. Understand trading orders: market, limit, and stop-loss. Do not leave your trades open without a clear stop-loss. Use charts for technical analysis, and start with simple indicators like RSI and MACD. Do not open more than one trade at a time if you are a beginner. Test your strategies on a demo account first. Do not trust random recommendations on the internet without analysis. Use portfolio tracking tools (like CoinMarketCap Portfolio) to monitor your profits and losses. Regularly update the trading app, and check the server status when strong news is released. Finally, learn from every trade and keep a record to analyze your technical performance. Precise techniques lead to better decisions and smarter profits.