There is no universal best strategy for trading on Binance, as much depends on your experience, goals, time horizon, and risk level. However, I can suggest several popular and effective approaches that traders often use:
Long-term investing (HODL)
Buying promising cryptocurrencies and holding them for a long time.
Suitable for those who do not want to constantly monitor the market.
It is important to choose projects with a good reputation and fundamental indicators.
Trend following
Entering a position in the direction of the main trend (upward or downward).
Using technical indicators: moving averages (MA), MACD, RSI.
Exiting a position upon trend change or reaching target profit.
Scalping
Short-term trades aimed at making small profits from price fluctuations.
Requires constant market monitoring and quick decision-making.
Charts with a small time frame (1-5 minutes) are used.
Arbitrage
Using price differences on different exchanges or between different trading pairs on Binance.
Requires quick execution of trades and minimal fees.
Stop-losses and risk management
Always set stop-losses to limit losses.
Do not risk more than 1-2% of your capital in a single trade.
Using Binance Futures and margin trading
Allows trading with leverage, increasing potential profit (and risk).
Requires a good understanding of the market and discipline.
