See my returns and portfolio breakdown. Follow for investment tips
##1. Top Coins & Core Investment Principles
The most popular coins on Binance by market capitalization and trading volume generally include the following. These are often considered the "safer" entries, but still carry significant risk.
2. Essential Crypto Investment Tips
🔑 Risk Management
Never Invest More Than You Can Afford to Lose: This is the most crucial rule in crypto. Treat it as highly speculative.
Diversify Your Portfolio: Don't put all your money into one coin. Spread your investments across different sectors (e.g., store of value, smart contract platforms, DeFi, meme coins) to mitigate the impact if one fails.
Set Stop-Loss Orders: Utilize Binance's trading tools to automatically sell an asset if it drops to a certain price. This helps cap your potential losses and prevents emotional trading.
Avoid High Leverage: If you are a beginner, do not use high leverage in futures trading, as it can multiply your losses and lead to quick liquidation.
📈 Strategy & Research
Practice Dollar-Cost Averaging (DCA): Instead of trying to "time the bottom" by buying all at once, invest a fixed, smaller amount of money on a regular schedule (e.g., weekly or monthly). Binance has an Auto-Invest feature that automates this.
DYOR (Do Your Own Research): Understand the fundamentals:
Use Case: What problem does the coin/project solve?
