🧵 Thread #2: How to choose a cryptocurrency with potential and low risk to start on Binance? 💡
If you have little money, every decision counts. Here I explain how to choose your first investment wisely without risking it all. 👇
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1️⃣ Avoid memecoins and trendy coins
Shiba, PEPE, Floki… may sound tempting, but they are highly volatile.
👉 As a beginner, it's better to avoid them.
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2️⃣ Start with stable and well-known cryptos
These are good options:
🔹 BTC (Bitcoin)
🔹 ETH (Ethereum)
🔹 BNB
🔹 USDT / USDC (stablecoins)
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3️⃣ Check the project behind the coin 🔍
✅ What problem does it solve?
✅ Does it have an active community?
✅ Is it in the top 100?
👉 Check this on coinmarketcap.com
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4️⃣ Look at the volume and liquidity
A crypto with good volume is easier to buy and sell.
Avoid coins with very little activity.
💡 More liquidity = less risk
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5️⃣ Check the chart, without obsessing
You don't need to be an analyst. Just observe if:
📌 The price is at a peak (don't buy there)
📌 Or it has dropped significantly (it could be a good entry)
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6️⃣ Diversify even if you have little
Example if you have 10 USD:
🔸 5 USD in BTC
🔸 3 USD in ETH
🔸 2 USD in USDT
Don't put everything in one.
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7️⃣ Do DCA if you can
DCA = Dollar Cost Averaging
Buy little by little instead of putting it all in at once.
🔁 Reduces the risk of entering at a bad time.
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💬 In the next thread: How to use staking to generate passive income with little money 💸
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