I recently started learning about trading and I'm using Binance to trade cryptocurrencies. At first, I struggled to understand the charts, but with practice and watching tutorials, I started to improve.
Today, I already know how to place a limit order, use stop-loss, and analyze a bit with RSI and moving averages. I don't consider myself an expert, but I managed to make trades with small profits, between 10% and 15%, and that motivates me to keep learning.
I recommend taking it slow, not risking everything, and writing down each trade to learn from mistakes. Binance has many useful tools, and the community is quite helpful.
Did anyone else just start recently? What did you find most challenging at the beginning?
I have been closely following AR (Arweave) because it seems to me a solid long-term project. Its technology allows for permanent data storage on the blockchain, which can be very useful for NFTs, documents, and more. A few days ago, I noticed that the price is in a support zone near $22, where it has bounced before. Additionally, the volume started to rise, which may indicate accumulation. This is not an investment recommendation, but I am considering entering if it breaks $24 strongly. In that case, I would set a target of 15%-20% and a stop below support.
Is anyone else following it? I would like to know what you think š
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