#BinanceSafetyInsights **Portfolio Diversification:** Do not concentrate all your funds in a single asset or cryptocurrency. A diversified portfolio helps mitigate risks if one of the assets loses value.
2. **Use of Stop-Loss:** Setting stop-loss orders can limit your losses if the market goes against your expectations. It is a key tool to protect your capital.
3. **Volatility Assessment:** Cryptocurrencies are highly volatile. Before investing, analyze historical trends and the behavior of the asset you are interested in.
4. **Define a Clear Budget:** Only invest what you are willing to lose. Never use funds intended for essential needs or debts.
5. **Beware of Leverage:** While trading with leverage can increase profits, it also amplifies losses. Use it with caution and only if you have experience.
6. **Protection Against Cyber Threats:** Activate two-factor authentication (2FA) and avoid storing large amounts on exchanges. Consider cold wallets for greater security.