☑️THREE TIPS ON HOW TO TRADE ON BINANCE😊

☑️ 1. Use Limit Orders to Buy Safely

Avoid impulsive purchases: Instead of buying at market, which can result in unfavorable prices, use limit orders to set the price you are willing to pay. This helps to avoid "buying frenzy" and ensure that you do not pay more than necessary.

Example: If the price of a crypto is R$ 50.000 and you want to buy it for R$ 48.000, set a limit order to buy at that price. The order will be executed automatically when the market reaches that value.

☑️ 2. Diversify with Strategy

Don't bet everything on a single coin: The cryptocurrency market is very volatile, so spreading your portfolio can reduce risks. For example, instead of investing all your capital in Bitcoin, try to balance your portfolio with other promising altcoins.

Example: Split your investment into 60% Bitcoin, 30% Ethereum and 10% in smaller cap altcoins, adjusting based on your risk appetite.

☑️ 3. Take advantage of the Stop-Loss Tool

Protect your profits and minimize losses: The cryptocurrency market can be unpredictable, so setting a stop-loss helps protect your investment. It allows you to set a loss limit in case the price moves against your position.

Example: If you bought a coin for R$ 100 and set a stop-loss at R$ 90, the order will be executed automatically if the price drops to that level, preventing further losses.