How to Choose Which Coins to Buy and When to Trade on Binance
1. Check Trading Volume
Open the Binance app.
Go to Markets, select a coin, and open its details.
Scroll to Stats and check the 24h Volume. If in millions or higher, it's good to buy; avoid low-volume coins.
2. Evaluate Market Cap
On the coin’s detail page, see Market Cap in Stats.
Coins with billion-dollar market caps are more stable and reliable. Avoid those with low caps.
3. Analyze Buyer-Seller Data
Click Trade to open the coin's trading page.
In the Order Book, compare Buy Orders (green) and Sell Orders (red).
If buy orders exceed sell orders, it's a good buying signal.
4. Check All-Time High/Low (ATH/ATL)
On the coin's page, review the Price Stats section.
Avoid buying near ATH; consider buying if it's close to ATL with growth potential.
5. Review Monthly Trends (1M Klines)
Open the Candlestick Chart and set the time frame to 1M.
Avoid coins in a prolonged green zone; wait for a correction or dip to buy.
Reminder: Always research the coin’s fundamentals, market sentiment, and project potential.
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