#SIGN
First Steps in Crypto: Learn These Simple Trading Strategies
Remember: DYOR and manage risk!
1. Dollar-Cost Averaging (DCA): Steady Buys
Invest a fixed amount regularly (e.g., $20 weekly) regardless of price. This averages your entry and reduces emotional buying. Easy and consistent.
2. Buy and Hold (HODLing): Long-Term Belief
Buy crypto with strong potential and hold for the long run, ignoring short-term dips. Patience can pay off.
3. Trend Following: Ride the Momentum
Identify if a crypto price is consistently going up or down. Buy in uptrends, consider selling in downtrends. Follow the flow (but trends can change!).
Learn More on Binance Square: Follow smart creators, read different views, and ask questions. Be cautious of quick-win promises.
Start simple, learn constantly, and trade responsibly!