Making money on Binance (or any cryptocurrency exchange) is not easy.
Here are the reasons why many people think it's easy, but end up losing, and how to turn the difficult into achievable:
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❌ Why is it not easy?
1. Extreme volatility
Coin prices can increase or decrease by tens of percent in just a few minutes.
Beginners easily buy at the peak and sell at the bottom due to panic or FOMO.
2. Competing with experienced traders
On Binance, you are trading alongside professional traders, investment funds, automated bots, and whales.
Without knowledge, you are almost guaranteed to be “herded” by them.
3. Unstable mindset
You rush to sell at a small profit but hold on when you incur losses.
It's easy to get caught up in rumors, groups, and promises of high returns.
4. Market traps
Many “junk” coin projects inflate prices to lure buyers in and then crash (rug pull).
Many games, airdrops, and “high-return” staking options carry the risk of total loss.
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