#note
BSC Trading Tips: basic principles that actually work
Trading on BNB Chain is convenient: low fees, fast network, a bunch of available tokens. But as with everything in crypto, it's important not just to 'jump in,' but to act with a cool head. Here are some principles I try to follow:
🔹 Start small.
Especially if you are just entering trading on BSC. Mistakes are part of the journey, let them be inexpensive.
🔹 Do your homework.
Study the projects you want to invest in. Liquidity, volumes, team — all of this is important.
🔹 Use DeFi wisely.
PancakeSwap, Venus, and other protocols provide opportunities to earn not only from price increases but also from farming/staking.
🔹 Don’t fall for FOMO.
Impulsive trades are the enemy. Better to miss out on a rise than to jump into a pullback.
🔹 Diversification is not a myth.
Spread your capital among several assets. Never put everything into one token.
🔹 Technical analysis rules.
RSI, candlesticks, levels — not a panacea, but help to understand market sentiment.
🔹 Security is a priority.
A reliable wallet, 2FA, and no 'I accidentally sent my seed in the chat.'
BSC offers many opportunities, but only discipline and strategy yield results.
