What's the biggest mistake new crypto traders make? | Syyedbasit on Binance Square

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What's the biggest mistake new crypto traders make?

Over trading

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Ignoring Risk Management

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Follow Hype without Research

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No Trading Plan

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🚀 Buying DOGE / USDT Trading Setup BUY ZONE: 0.235 TARGETS: 0.240 0.250 0.270 0.290 0.324 0.420 STOP: 0.215 Analysis: DOGE is showing bullish momentum with support holding near 0.22. Breaking above the 0.24–0.25 zone could open the way to 0.27–0.32 in the short term. Volume and market sentiment are improving, with analysts projecting possible moves toward 0.42 if trend continues. However, a drop below 0.215 would weaken the bullish setup. Note: Always DYOR before trading. #Write2Earn #dyor #CryptoTrading #DOGE

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🚀 Scalping OG/USDT – DCA Strategy Alert! 🚀 Entry Plan (DCA Style): 1. 1st Buy: $13.00 (Test of minor resistance turned support) 2. 2nd Buy: $12.00 (Strong EMA & psychological support) 3. 3rd Buy: $11.00 (24h low, high-reward zone) Target: $15.00 (24h high breakout) Stop-Loss: $10.80 (Below 24h low for safety) Insights: - Bullish Structure: Price above all EMAs (9, 20, 50). - RSI 63.6: Healthy momentum, not overbought yet. - Volume Spike: 283K OG traded recently—liquidity building! Why This Works: - DCA lowers risk while catching dips. - $15 target aligns with 20%+ profit from lowest entry ($11). Warning: - Avoid over-leverage; scalp with 5-10% of your portfolio. - Watch for rejection at $13.80 (mid-resistance). Ready to ride the wave? Drop a "OG" in comments if you’re in! Note: Adjust DCA amounts based on your risk tolerance (e.g., 40% at $13, 30% at $12, 30% at $11). Always DYOR! #og #crypto #Scalping #Binance #Write2Earn

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🚀 Buying AVAX at $22-24 & HODLing! Here’s Why AVAX is a strong blue-chip coin with massive potential. Here’s why I’m loading up at this price: - History Repeats: Last November, AVAX was stuck at $20-25, then suddenly rocketed to $60+. The same setup is brewing now. Bullish Techs: - Trading above key EMAs (9, 20, 50) – strong support. - RSI at 53.54 – perfect for a breakout. - Volume rising – big players accumulating. - Altseason Gem: When alts run, AVAX pumps HARD. Strategy: Buy $22-24, hold for $40+, then aim for $60+. Don’t miss this chance! #AVAX✅ #Write2Earn #Altseason

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🚀 ETH Buy & Hold Opportunity on Binance 🚀 Ethereum has broken above $4,000, surging 7% to ~$4,200 with strong bullish momentum! 💥 Buy Opportunities: 1. Consider entering on pullbacks to the $3,950-$4,000 zone - now key support. 2. A sustained move above $4,100 could open the door to $5,000+, offering high-reward potential. Hold Strategy: Strong fundamentals, including regulatory tailwinds, ETF inflows, and corporate ETH acquisitions, support Ethereum's long-term upside. Mind the Risks: RSI readings near 67-69 suggest a near-overbought zone - watch for possible short-term cooling or consolidation. No FOMO - Time Your Entry! Stay informed, and happy trading! 📈 $ETH #Ethereum #CryptoTrading #Binance #BuyTheDip #HoldStrong #LongTermHold

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