If you’re new to Binance, let me be real with you:


You’re going to make mistakes — I did too. But if you learn from them early, you’ll save yourself a lot of money.



Here are the top 5 mistakes I personally made as a beginner on Binance — and how you can avoid them like a pro.






❌ Mistake #1: Jumping Into Hype Without Research




I saw people tweeting about $SHIB and $DOGE and instantly bought in without knowing a thing.



📉 What happened?


I bought the top. Lost 40% in one day.



✅ What to do instead:


Always check:




  • What the project actually does


  • Recent price movement


  • Volume + hype cycle




If it’s pumping too hard, you’re probably late.






❌ Mistake #2: Using High Leverage Without Knowing How




I entered my first futures trade with 50x leverage on a meme coin.


I thought I’d flip my capital in 5 minutes.



😓 What happened?


Liquidated instantly. I lost everything.



✅ What to do instead:


Start with spot trading.


Then use 5x or less on futures once you understand market structure and risk.






❌ Mistake #3: Not Using Stop-Loss




I held a coin during a dump, hoping it would bounce. It didn’t.


Loss? -65%.



✅ What to do instead:


Always enter a trade with a stop-loss in mind.


Don’t trade emotionally.






❌ Mistake #4: Blindly Following Signals




I used to copy signals from Telegram groups without even checking the charts.



❌ No strategy.


❌ No risk plan.


Just vibes.



✅ What to do instead:


Use signals as ideas, not orders.


Always double-check the logic before entering.






❌ Mistake #5: Not Tracking Trades




No journal. No entries. No reason.


I was just trading randomly.



✅ What to do instead:


Track your trades — even on paper.


Log:




  • Entry & exit


  • Reason for trade


  • Profit or loss




This will skyrocket your improvement.






👇 Final Words




You don’t need to be perfect. You just need to avoid the dumb mistakes.



If you’re just starting your journey, I highly recommend Binance.


I use it daily — it’s beginner-friendly, secure, and has everything in one place.



🎯 Sign up here to get started:


👉 https://accounts.binance.com/register?ref=194014835



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đŸ“© Drop your questions below — I answer everything.