📌 Don't buy a coin just because "everyone is talking about it"!
Start with simple analysis:
1️⃣ Is the coin popular (e.g., BTC, ETH, BNB)?
2️⃣ Is the project beneficial and does it have a clear goal?
3️⃣ Is the daily trading volume large?
4️⃣ Who is behind the project? Is the team well-known?
5️⃣ Does it have real uses or is it just "hype"?
✅ Tip: Start with small amounts, and invest in trusted projects.
💬 Do you invest for the long term or do you prefer daily trading? Share your opinion with me
✅ Binance Beginner Series – Part (5)
📈 How to read candlesticks simply? (Technical analysis for beginners)
📊 Each candlestick represents price movement over a certain time (e.g., 1 hour or 1 day):
🔹 Green candle = price increased
🔹 Red candle = price decreased
🔹 Body = opening and closing price
🔹 Shadows (wicks) = highest and lowest price reached by the coin
🎯 Using candlesticks helps you to:
Identify the trend (upward or downward)
Time your buying and selling
Determine support and resistance
💬 Would you like me to explain a simple candlestick pattern (like a hammer or engulfing)?
#Technical_Analysis #Candlesticks #CryptoCharts
✅ Binance Beginner Series – Part (6)
🛑 What is Stop-Loss? And how does it protect your money? 🛡️
📌 "Stop-Loss" = an automatic sell order that protects you from large losses.
🔸 Example: You bought BNB at $300
🔸 You set a Stop-Loss at $280
👉 If the price suddenly drops, the coin is automatically sold, protecting your capital
#وقف_الخسارة #Smart_Trading #Risk_Management