There are more than 20,000 cryptocurrencies out there. Most will fail. Only a few have strong use cases, adoption, or real value. That’s why doing research matters.
The first real-world crypto purchase was pizza. On May 22, 2010, Laszlo Hanyecz paid 10,000 BTC for 2 large pizzas. That BTC is now worth hundreds of millions. It’s why we celebrate Bitcoin Pizza Day every year.
FOMO = Fear of Missing Out. It’s when you see a coin pumping and rush in too late. Avoid FOMO trades. Stick to your strategy. Good entries come with patience, not panic.
I recently opened a small trade using $25 USDT on $ETH . I used the Convert feature to swap USDT into ETH because the gas fees are lower on Binance and the market was stable. I plan to hold this position for a few weeks and see how ETH performs against resistance. This is part of my learning strategy to get used to trading small amounts without taking too much risk. My goal is to gain experience before I move into more advanced trades like Spot Grid or Margin trading.