*TIPS and TIPS for anyone who is coming to BINANCE and has no reference to this market*. As I have seen in the last few days in the publications, many people come trying to buy cryptos and do not know where their money is, how to invest it, how to sell it. 1. The crypto thing is to buy something very cheap and sell it at a high price to make a profit, even so many do not know what a high or low peak is and simply buy it. 2. They buy by conversion and lose a lot because the change will always be above the market price. DO NOT CONVERT unless you have less than $5 and Binance does not allow you to buy for less than that amount. 3. Thinking that futures is buying currency, FUTURE IS NOT BUYING CURRENCY. TIPS. 1. Watch the#binanceautolearnbinance videos on Youtube "how to buy cryptos on binance" and this is the step by step. 2. Buying on P2P is the best system since your funds can be acquired and sold without commitment to binance or locks because they are purchases between third parties. 3. When acquiring stable currency, it first goes to your FUNDS wallet, you must transfer by clicking on ASSETS / SUMMARY / TRANSFER / SPOT and enter the amount you want. 4. Then go to TRADE / SPOT / SELECT the currency you like in the pair you have (USDT, USDC, FDUSD and others..) and there it says in the first box LIMIT (usually), that box says that you are going to buy at a price that you like to set and that seems good to you, if you want to buy it at the current price you must change to MARKET or MARKET. 5. Select how much you want to buy in the next line and click buy, you already have crypto. NOTES 1. STUDY the behavior of the coins a while before acquiring them, so you will know when you should acquire it. This can be seen above in the time frames that are in the graphs... I recommend 15m or 15 minutes / 4h (4 hours) / 1d (one day) / 1M (one month) so you will know where it is high and where it is low... 2. Buying coins with history and utility give more stability and growth in this crypto world. 3. PATIENCE with all your purchases. $XRP
SPOT Advantages 1. If you buy at a good price at a very low point and it doubles its price continuously and without losing its highest peaks, your money grows and you see results 2. The price drops for a while and you don't lose if you are patient and wait for the rise, as it is a purchase of participation, you only lose if you sell below the acquired price, many get scared and stop receiving profits when it rises. 3. The spot allows you to analyze the selected market and shows you its behavior, this could help you a lot to make futures. Disadvantages 1. If it is a currency that follows cycles and the same parameters without going up a level, it is a waste of time and very slow growth. 2. If it loses value and if it does not have volatility, you have to wait too long to recover with a rise. 3. When entering with little capital, even if it goes up too much, the profits are very poor.
FUTURES Advantages 1. Leverage generates quick profits and adds value to your portfolio if it confirms the LONG (upward) or SHORT (downward) direction. 2. It generates a study of the selected coin, which allows for greater knowledge of trends, which leads to greater profitability. 3. With good risk management and adequate leverage, the currency can fluctuate and not influence the proposed direction, even if we have an operation open for days or weeks.
Disadvantages 1. If you tend to go in the opposite direction, you lose twice as much as you generate with the rise. If you check the fluctuation, you will realize this fact. 2. If you include a cross margin and it does not have a stop loss placed, it will continue its opposite course until it consumes the entire balance, even from other accounts to cover the loss margin. 3. It does not generate adequate loss behavior, unlike the spot that seeks patience while waiting for the rise. If you consume your balance in FUTURES, there will be no return. Many even try more operations by guessing and not studying, which again generates more orders.
In the link you will find the option that Binance offers for BTC stakers with payments at the end of the promotion in $SOLV
The SOLV token is interesting because it is helping the Bitcoin ecosystem to fill its market with liquidity and mobility, and we must understand all the benefits that this type of activity brings.
Check the link, and with your review and study, I hope you can take these options.
$AXL is strong, it has already held and the rise is coming... these days you have to have faith in the tokens and the studies you do about them.. I trust in the token.
This is the pattern that we all love to see...!!! Resolves strongly upward and shows a head and shoulders on 15 min which in the short term could mean that $SOLV has a great chart.
CONGRATULATIONS to everyone who is growing with $SOLV đŞ
$SOLV just committed for 90 days with this token ... at 18.90% in #SimpleEarnProducts , if bitcoin is in the global spotlight I think it can take off too ... LET'S GO $SOLV đ
#XRPETF de the most anticipated... since I entered the world of trading, I have heard countless times about how it would have been $XRP de to have continued without the demand, even without having it... two options that, if you consider them, leave much to be desired.
We know that the industry operates at the convenience of the parties involved, still, if there is one thing I am sure of, it is that $XRP has been and appears to be a strong token in front of all and while it would allow the growth of many, others could fall because someone wins and another loses..
We can continue the matter but if we consider the upcoming regulations and the growing adoption of the token, it is inevitable that its growth will come aided by the ETFs
In conclusion, many will win a battle, but an army without apparent weakness is a pillar of conquest.
Congratulations $XRP for your performance so far!!
We know everything that has happened with $OM although we cannot overlook the signal that it is leaving today.... it is getting ready to start the week and, from what I can see, in my personal opinion, it is preparing to level up...
The indicators are somewhat volatile, still, we can see the sentiment of recovery and very soon and positive management.
Binance has many projects, one of them was EASTER SPECIAL... I am a Holder of $USDC and this helped me get a lot of USDC with tokens in spot which allowed me to reinvest them in many tokens...
Check the MARKETING section at the top of the messages and there you will find a message sent by Binance where it easily and simply explains how to earn these USDC.