How to start your trading journey?

To start trading, you need to choose a reliable platform, open an account, deposit funds, and then learn about technical and fundamental analysis to make informed decisions.

3. The difference between trading and investing

Investing focuses on holding assets for long periods, while trading relies on quick buying and selling to achieve short-term profits. Choosing the right approach depends on your financial goals.

4. Technical analysis: An essential tool for traders

Technical analysis uses charts and price patterns to predict price movements. Common tools include moving averages, relative strength indicators, and candlestick patterns.

5. Fundamental analysis and the impact of news on markets

Fundamental analysis focuses on economic news and global developments that affect cryptocurrency prices, such as interest rate decisions and technological advancements.

6. Risk management: Protecting capital

One of the most important trading rules is not to risk more than 1-2% of your capital on a single trade. Stop-loss orders should also be used to reduce potential risks.#BinanceLaunchpoolRED