What is Spot Trading?
1. Spot Trading (Buying Low, Selling High)
Approach: Utilizing technical analysis (such as chart patterns and indicators like RSI and MACD) and recognizing support/resistance levels.
Advice: Concentrate on coins with high trading volumes, refrain from making trades based on emotions, and establish clear goals and stop-loss orders.
Maintain composure and avoid chasing price surges or panicking over dips.
Stay informed about market news and announcements from Binance.