Hello Binance Square community!

#StopLossStrategies $BTC $ETH $XRP

Do you want to get into crypto, but are afraid of losing your money or making the wrong choices? Here are 3 simple tips that helped me get started without breaking the bank.

1. Only invest what you are willing to lose

Many beginners put in too much money too quickly. Classic mistake! Start small, observe the market, and take the time to understand.

2. Learn to read charts

You don't need to be a trading pro to recognize support, resistance, or a bullish breakout. If you want, I can post easy explanations in my next posts! (like if you’re interested!)

3. Don’t follow “pumps” on social media

If you hear about a token that’s skyrocketing... it’s often already too late. Do your research (we call it “DYOR”: Do Your Own Research).