Want to start trading on Binance but not sure how? Start simple. Here are a few beginner-friendly strategies anyone can learn:
1. Spot Trading: Buy low, sell high. Use limit orders to buy tokens at support levels and sell at resistance.
2. Dollar-Cost Averaging (DCA): Invest a fixed amount regularly (daily/weekly) regardless of price—great for long-term believers.
3. Stop-Loss Orders: Always set a stop-loss to protect your capital. It helps cut losses early.
4. Use RSI & MACD: Learn basic indicators like RSI (overbought/oversold) and MACD for momentum.
Avoid emotional trading, don’t go all-in, and never trade money you can’t afford to lose. Master the basics, grow slowly, and stay disciplined. Binance is powerful—use it wisely!