*ADVICE and TIPS for anyone who is new to BINANCE and has no reference for this market*.
As I have seen in recent days in the posts, many people come trying to buy cryptos and do not know where their money is, how to invest it, how to sell it.
1. The crypto theme is to buy something very cheap and sell it at a high price to make a profit, even so many do not know what a high peak or a low one is and simply click buy.
2. They buy through conversion and lose a lot because the exchange will always be above the market price. DO NOT CONVERT unless you have less than $5 and Binance does not allow purchases for less than that amount.
3. Think that futures is buying currency, FUTURE IS NOT BUYING CURRENCY.
TIPS.
1. Watch the #binanceautolearn videos on YouTube "how to buy cryptos on Binance" and follow the step by step.
2. Buying in P2P is the best system since your funds can be purchased and sold without commitment to Binance or blocks because they are purchases between third parties.
3. When acquiring stablecoin, it first arrives in your FUNDS wallet, you need to transfer by clicking on ASSETS / SUMMARY / TRANSFER / SPOT and enter the amount you want.
4. Then go to TRADE / SPOT / SELECT the currency you want in the pair you have (USDT, USDC, FDUSD, and others..) and in the first box it usually says LIMIT, this box indicates that you will buy at a price that you wish to set and is acceptable to you, if you want to buy at the current price you should switch to MARKET.
5. Select how much you want to acquire in the next line and click buy, you're all set, you now have crypto.
NOTES
1. STUDY the behavior of the coins for a while before acquiring them, this way you will know when to buy them. This is seen above in the time frames displayed in the charts.. I recommend 15m or 15 minutes / 4h (4 hours) / 1d (one day) / 1M (one month) so you will know where it's high and where it's low ...
2. Buying coins with history and utility provides more stability and growth in this crypto world.
3. PATIENCE with all your purchases. $XRP