🚫 Starting on Binance? 7 MISTAKES I Made (and You Can Avoid)
When I joined Binance, I had no idea what I was doing. I bought poorly, sold worse, and fell for more than one "scam". So, if you're just starting out, here's a list of real mistakes to avoid repeating. These are things no one tells you, but they can save you time, money, and frustration 👇
❌ 1. Buying only because it's cheap Not everything priced at $0.001 is going to rise. A low price doesn't mean opportunity. Sometimes it means nobody wants it.
❌ 2. Not learning to use Stop Loss You think you'll be "watching the chart", but you'll forget, fall asleep, or be on the bus when it drops. Use a stop. Always.
❌ 3. Going all in on a single coin Diversification is not a myth. If you bet everything on one, it might work out once… but fail many times.
❌ 4. Falling in love with a crypto Don't marry any of them. Coins don’t love you. You need them to rise, but they owe you nothing.
❌ 5. Listening to anyone on social media Neither I nor anyone has the absolute truth. Listen, analyze, but make your decisions with your own judgment.
❌ 6. Investing money you can't afford to lose Never invest the rent money, grocery money, or your mom's money. Crypto is volatile. If you need that money, it’s not the right time.
❌ 7. Not having a clear strategy Entering without knowing when you will exit is like getting on a bus without knowing where it’s going. Set goals: % of profit and loss.
💬 My advice: learn from the mistakes of others, but live your own path. Crypto is not about "getting rich quick"; it's a process. And if you take it seriously, it can change your life.
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