5 Crypto Trading Mistakes Beginners Always Make (And How to Fix Them)
Crypto trading can feel like navigating a minefield—exciting but risky. Beginners often fall into traps that drain their portfolios. Let’s break down the **top 5 mistakes** and how to avoid them: 1. FOMO Trading (Buying the Pump) Mistake: Jumping into a coin because it’s “going to the moon!” only to buy at the top and panic-sell during the dip. Fix: - Wait for pullbacks: Let the hype cool. If a coin pumps 50% in an hour, let it retrace 10-20% before entering. - Set alerts: Use tools lik
Cryptocurrency trading has gained immense popularity, with platforms like Binance offering a user-friendly way to trade and profit. Here’s a quick guide on how to make money with crypto trading on Binance: 1. Understand the Basics Before diving in, familiarize yourself with how cryptocurrencies work, market trends, and the basic trading principles. Key terms like spot trading, futures, margin, and staking are essential to understand. Binance Academy offers free resources to learn these concept
#SolanaSurge Solana reached its highest price this month, outpacing Bitcoin and Ethereum. The rally is driven by recent Coinbase upgrades and anticipation around Canada’s spot Solana ETF launching on April 16. 💬 Do you think this rally can continue? Share your thoughts!
#BinanceLeadsQ1 Binance topped Q1 CEX trading volume with $2.2 trillion in spot trades, growing its market share from 38% to 40.7%. The numbers reinforce Binance’s position as the leading centralized exchange in the industry. 💬 What do you think sets Binance apart in today’s market?
👉 Create a post with the #SolanaSurge , #BinanceLeadsQ1 or the $SOL cashtag, or share your trader’s profile and insights to earn Binance points! (Press the “+” on the App homepage and click on Task Center) Activity period: 2025-04-18 06:00 (UTC) to 2025-04-19 06:00 (UTC) Points rewards are first-come, first-served, so be sure to claim your points daily!