What and where?

[Mpamaegbu]

~snipped~

A newbie has to read all those, get it to sink that trading is not just an academic exercise that you just read through and pass out from your course of discipline to be awarded your degree.

Newbies specifically like to believe that it's all rosy when it comes to trading, and I ask them to show me a general in the military without a mark. The mark may not be visible but it's somewhere. That's the way trading is. I once told someone who was coming into Forex trading that he would blow his first funded account before he would begin to believe Forex trading was a serious business. He felt I sounded pessimistic and screamed there was no way that would happen. Long story short, it happened. There's no profitable trader who doesn't have a history of failure or burnt account. The earlier newbies know this, the better for their peace of mind.

[carlfebz2]

~snipped~

A newbie has to read all those, get it to sink that trading is not just an academic exercise that you just read through and pass out from your course of discipline to be awarded your degree.

Newbies specifically like to believe that it's all rosy when it comes to trading, and I ask them to show me a general in the military without a mark. The mark may not be visible but it's somewhere. That's the way trading is. I once told someone who was coming into Forex trading that he would blow his first funded account before he would begin to believe Forex trading was a serious business. He felt I sounded pessimistic and screamed there was no way that would happen. Long story short, it happened. There's no profitable trader who doesn't have a history of failure or burnt account. The earlier newbies know this, the better for their peace of mind.

All starts on being a newbie and its true that all of us would really experiencing that blown account specially into those start up times or moments that we do have.Yes, we do have that really very common impression

which we do really thought that this market is really easy to handle out or easy to predict on but when you had stepped your foot into this place then you would find out that you had anticipated the wrong thing.

Sustainable is the thing we should be minding on, dont make yourself confident because dealing on this place isnt something that you could just handle it out.

[Woodie]

I saved up a few this month and planning to invest a part of it in trading but I'm not really sure where to start. What should I trade and I'm leaning on using binance since I am confident in using it for a year now. What can you suggest?

It's quite difficult to advice someone to take something up because it pretty comes back at you with how or which trading strategy you will be using, are you the low or high risk type of trader and would you prefer high volatile markets as some coins have these big moves which reward big. But for now I think go with bitcoin as the asset to trade.

[Lubcub62]

you're doing the right thing by starting on binance. because there are more choices of coins or tokens to be traded. but for a safe investment try to see references from the top 100 coins on coinmarketcap

[TheUltraElite]

I saved up a few this month and planning to invest a part of it in trading but I'm not really sure where to start. What should I trade and I'm leaning on using binance since I am confident in using it for a year now. What can you suggest?

If you are confident with binance what are you actually confident about? Your ability to trade or your ability to make profit? Binance is only a platform. It is not a determinant of proft. Rest is your own skills to make profits, identify market movements and take actions.

The choice of exchange should not be the factor to decide. Use one you are well versed with but give space to more than one exchange too, becuase of pros and cons.

If the thing that is mattering you is listing of new coins and getting them on exchanges quickly then Binance is good. Do talk with your local community and see what they are preferring.

[Ararbermas]

I saved up a few this month and planning to invest a part of it in trading but I'm not really sure where to start. What should I trade and I'm leaning on using binance since I am confident in using it for a year now. What can you suggest?

if you're planning to invest and you don't have so much time to make speculation around the market,  i suggest stick to bitcoin or alts which listed as a top 10 cryto in the market.. Indeed these is the right time to make investment since most of them are gradually gaining strength day and yes binance is a safe place to trade  but remember "not your key not your coin" so be aware also and don't invest what amount you can afford to lose..

[jaberwock]

Start by determining whether you will be trading short term – including day trading such as futures or long term – where you will be buying coins and holding them for years to make a profit.

In my opinion, long-term investment is the best choice, we can get big profits and tend to be safe unlike futures trading. Just a suggestion, a crypto asset that is safe and able to provide large returns is BTC.

Yeah long term trading is sure. But, do you know why a lot of people tend to go for day trading or short term? The thing is that most people are not able to have that patience to wait for a long term.

If you are investing long term you know that you should be ready to hold for some years, and sometimes it can be four to five years if what we are talking about here is Bitcoin, because the price usually starts another bullish and bearish cycle every time that there happens to be a Halving, I think four years.  So most people can’t wait that long, and they need a source to be making income on a daily. So that is why they would usually prefer a short term or Day trading.

[jrrsparkles]

I saved up a few this month and planning to invest a part of it in trading but I'm not really sure where to start. What should I trade and I'm leaning on using binance since I am confident in using it for a year now. What can you suggest?

Basically you should have an idea about it because you're already here in the market for a year still you are thinking about where to start with.

If you're comfortable woth using Binance then its good because its one of the safest exchange as of now also you have less fee compared to lot other exchange.

Fir what then start with BTC/USDT pair or any stable coin with bitcoin.

[barbara44]

I saved up a few this month and planning to invest a part of it in trading but I'm not really sure where to start. What should I trade and I'm leaning on using binance since I am confident in using it for a year now. What can you suggest?

if you're planning to invest and you don't have so much time to make speculation around the market,  i suggest stick to bitcoin or alts which listed as a top 10 cryto in the market.. Indeed these is the right time to make investment since most of them are gradually gaining strength day and yes binance is a safe place to trade  but remember "not your key not your coin" so be aware also and don't invest what amount you can afford to lose..

If he can't allocate time for speculation or analysis then he shouldn't be here at the first place because this place is not for the lazy. There is no easy money on here. Btc is said to be the safest of them all but imo it still needs analysis or speculation if there will be an incoming bear or bulls, that helps you to decide if you should buy or sell.

Price starting to rise can't be the best time for investing because if someone decides to sell, the price can dump again. That is why it's recommended to invest only when the price is low because not all will have the guts to sell at a loss. Binance is cex but it's fine for short term trades. It's only bad for storing our funds there for a long time.

[Ryker1]

^[snip]
Price starting to rise can't be the best time for investing because if someone decides to sell, the price can dump again. That is why it's recommended to invest only when the price is low because not all will have the guts to sell at a loss. Binance is cex but it's fine for short term trades. It's only bad for storing our funds there for a long time.

Well, what a coin that you are talking about starts rising?
If that is bitcoin, anytime you are safe to invest if that is the purpose of a long period of investment but of course not on trading, it should be on a non-custodial wallet not on exchange. However, OP mentioned in Binance upon trading and I think that is the right exchange --they had supported a lot of coins and tokens on their platform and they are the highest trading volume in all crypto exchanges and I think it is worth it to pick as your trading exchange --plus, they have a feature that the called, ^[SAFU].

[Wexnident]

Bitcoin. The most staple investment that wouldn't really fail you (most of the time) if you bide your time. Other than that, you can simply choose the top 10 coins as your choice for investment since those coins are the safest options most of the time. As for the platform, Binance should be pretty good I've also been using it for a long time. I suppose there are a few other sites that give better experience but since your still just starting I think it's a good place to begin trading.

[Sled]

I saved up a few this month and planning to invest a part of it in trading but I'm not really sure where to start. What should I trade and I'm leaning on using binance since I am confident in using it for a year now. What can you suggest?

Since you are using Binance, I guess this is very important for you before you'll be going to start, and really it helps you to decide.
https://academy.binance.com/en

I suggest not skipping anything from that online academy. It was more advantageous for you to have a deep understanding of how this exchange runs and also the don't and do's.

Learning is very important and a tool to succeed. Keep that confidence as well as this it helps for you then. And there is one last reminder to keep, "Be careful in choosing coins to trade".

[Crypto Library]

You have already said that you are using Binance for trading.  You are already trading in a good platform.  If you can do a good market analysis then I think it would be good to invest here. Apart from that there are some other platforms like: Ku-coin, Ftx etc, you can try these.

[Zilon]

I saved up a few this month and planning to invest a part of it in trading but I'm not really sure where to start. What should I trade and I'm leaning on using binance since I am confident in using it for a year now. What can you suggest?

It all boils down to what you have been able to learn and which aspect of the trading you feel more confident in. each has it's own risk measures. A year of learning from binance academy is enough to spot your weakens and strength and this part is what you alone knows. So find your market strength and improve on but don't forget lose is part of the game don't give up when you meet it in the journey to perfect trades

[Emitdama]

you're doing the right thing by starting on binance. because there are more choices of coins or tokens to be traded. but for a safe investment try to see references from the top 100 coins on coinmarketcap

Yes, binance is a highly recommended cryptocurrency trading exchange. It is very popular around the world and it is hard for you to see anyone who is not starting with binance.com. It’s just totally everywhere, and in my country you wouldn’t see any youth that is trading cryptocurrency and they do not have binance.com trading app on their smart phone and  making use of it on a steady.

When I started, I started with coinbase.com and as time goes on I got to know about Binance.com and it has been a really good option and the best exchange that I have been making use of for years now.

[breathlessz]

binance is indeed the best exchange for transactions right now, and if you want to invest funds from savings and for a long period of time then you should choose a major coin, in my opinion bitcoin, ethereum, bnb, xrp can be an option to invest directly without having to analyze it too detailed, and even safer stored in a personal wallet afterwards. especially if during a price correction like this time, of course, you will benefit from getting a relatively low price, so that in the next few years at least we will get more profit than bank interest rates. but this cannot be used as a benchmark for time, if you are patient, of course you will get a profit

[goinmerry]

I saved up a few this month and planning to invest a part of it in trading but I'm not really sure where to start. What should I trade and I'm leaning on using binance since I am confident in using it for a year now. What can you suggest?

Since you are using Binance for a year now, at least you should know some trading basics from now and much aware of their trading interface, for easy navigating and trading. You have to remember that choosing a coin is a tough one and our portfolio list is out of our own preferences.

For a start, you can test trading Bitcoin or BNB since the purpose is to become familiar with how trading works.

As you move forward, it's impossible for me that you won't learn something about it and eventually, you can now move to the next stage which is picking your preferred coins. You need to put time and effort into that.

[pawanjain]

I saved up a few this month and planning to invest a part of it in trading but I'm not really sure where to start. What should I trade and I'm leaning on using binance since I am confident in using it for a year now. What can you suggest?

If you are completely new to trading then I would suggest starting with potential coins like BTC, ETH, BNB, SOL etc...
You can start with these coins and trade them and try to earn profits. Keep changing your strategies and keep improvising them.
Once you earn profits for 6 months or so you can start exploring other coins and start trading with them one by one.
But keep in mind to use stop losses and stick to your analysis and targets. Don't trade based on emotions.

[Flexystar]

First of all congrats on taking successful step while stepping into trading and that’s saving the money and then investing it into trading. Honestly, many of us just go crazy while trading and we put our money which is required in daily budget expenses. It’s good that you have saved up money and then investing into it.

I would also positively vote for you on using Binance as your trading platform. The app is user friendly but still there are dozens of options to choose from so choose your trading ways correctly. You can also have staking earning method.

[DoublerHunter]

I saved up a few this month and planning to invest a part of it in trading but I'm not really sure where to start. What should I trade and I'm leaning on using binance since I am confident in using it for a year now. What can you suggest?

If you are completely new to trading then I would suggest starting with potential coins like BTC, ETH, BNB, SOL etc...
You can start with these coins and trade them and try to earn profits. Keep changing your strategies and keep improvising them.
Once you earn profits for 6 months or so you can start exploring other coins and start trading with them one by one.
But keep in mind to use stop losses and stick to your analysis and targets. Don't trade based on emotions.

^ A simple but quite good advice, every trader should learn how to set up stop-loss and must stick to their own analysis and strategies in trading. Trading does not have frequent strategies and analysis so you must use near accurate that has a better result than your previous analysis.
As OP said, the Binance exchange is enough for traders who wanted to have many coins to trade and for that highly trading platform as of now.
I suggest also to make or draw your own conclusion and do not rely upon other's opinions, trading is very risky and first, you must understand this first.