Let's learn a bit about how

Binance

📍**How to understand the crypto market without going crazy?**

🧵 Thread for newcomers to Binance

Today I'll explain how to start reading the market without being an expert trader.

👇 Let's go step by step:

1️⃣ It's not just up or down: the market has cycles

Crypto moves in trends:

📈 Bullish (everything goes up)

📉 Bearish (everything goes down)

🔄 Lateral (stagnant)

✅ Tip: Don't buy just because something is “going up”. Learn to read the chart first.

2️⃣ The basics to understand a chart on Binance:

🔹 Green candles = the price went up

🔹 Red candles = the price went down

🔹 Timeframes (1m, 5m, 1h, 1d): how wide the range is

👁 Look at the long-term frames (1D, 1W) to understand the real trend.

3️⃣ Which cryptos to follow if you're just starting?

💰 Bitcoin (BTC)

💸 Ethereum (ETH)

🔥 BNB (from Binance)

More stable, more volume, and less volatility than many altcoins.

4️⃣ Apps and websites that help you:

📊 CoinMarketCap

📈 TradingView

📘 Binance Academy

🗞 Cointelegraph

5️⃣ Tomorrow we'll talk about how to use orders on Binance (market, limit, stop-limit).

❤️ If this info helps you, give it a like and share.

💬 Do you find it hard to read the charts? I’ll read you below.

#Binance #CryptoTips #CryptoForBeginners #CryptoTrading #InvestSmart #CryptoHispano #FinancialEducation #BinanceSpain #LearnCrypto #CryptoCommunity #BitcoinSpanish #BinanceTips #CryptoLife #InvestInCrypto #CriptoLatam