#CEXvsDEX101 #LearnTogether
✅ 1. Learn the Basics
• Understand what Bitcoin, Ethereum, blockchain, wallets, and exchanges are.
✅ 2. Pick a Good Exchange
• Use beginner-friendly platforms like Binance or Coinbase.
✅ 3. Study Charts (Technical Analysis)
• Learn simple tools: candlesticks, support/resistance, RSI, moving averages.
✅ 4. Practice First
• Use a demo account or start with small amounts (like $20).
✅ 5. Manage Risk
• Only invest what you can afford to lose.
• Use stop-loss and don’t put all money in one coin.
✅ 6. Stay Updated
• Follow crypto news on Twitter, YouTube, Reddit.
✅ 7. Start Small, Improve Slowly
• Take notes on each trade and learn from your mistakes.