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Marvelman
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April 10, 2022, 09:37:15 PM
 #81

And unfortunately this is something that we see in the market with a frightening frequency, newbies come to this market thinking on the money they can make, and while there is nothing wrong with that as some level of ambition and greed is necessary to succeed, the problem is they want to achieve that success without doing any effort whatsoever which could get them the success they are looking for, which is sad as trading without any knowledge about TA is the same as just giving your money away to the whales.

Exactly. Many newbies ignore this very basic thing and don't do their homework, and then they invest heavily and lose it all.

Do your own research and make sure you understand what you're investing in. Many people think they are following the fundamentals, but in fact, they lack knowledge, and this can lead to emotional reactions instead of rational ones. In the long run, this is a recipe for disaster. So if you're a first time investor, you should have a pretty good grasp of what's going on.

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Hypnosis00
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April 11, 2022, 10:43:02 PM
 #82

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?
You already have that Binance, one of the trusted exchanges in crypto. What you need now is to trade. Well, that something isn't hard to start

https://academy.binance.com/en/learn-and-earn/course/BN713835621201989633
You use this course to further gain knowledge about trading, particularly in Binance.

I suggest not to rush trading, keeping in mind the risk. And the only thing that could help you to lessen the chance of losing is being equipped with knowledge and skill.

R


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April 12, 2022, 09:34:06 PM
 #83

You can trade, but you have to understand the fundamentals of trading so that you won't endup losing your money, trading is just what you will just wake up and you think you will just start doing. If you don't understand trading you can just invest your money in bitcon for long term I believe that's a very nice idea, but if you think you know how to trade already then binance is the best place which you can trade.

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Fatunad
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April 12, 2022, 10:00:50 PM
 #84

You can trade, but you have to understand the fundamentals of trading so that you won't endup losing your money, trading is just what you will just wake up and you think you will just start doing. If you don't understand trading you can just invest your money in bitcon for long term I believe that's a very nice idea, but if you think you know how to trade already then binance is the best place which you can trade.
Learn the Basics
Learn from Real experience
Accept losses and learn from it
Dont be impulsive in terms of emotion.

You would really be needing these basic things  to be learnt up for you to survive on this market.Whether you do decide
to go for long term type of investor or would go for short term based type of trader.Your choice!

R


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April 13, 2022, 07:57:30 PM
 #85

You can trade, but you have to understand the fundamentals of trading so that you won't endup losing your money, trading is just what you will just wake up and you think you will just start doing. If you don't understand trading you can just invest your money in bitcon for long term I believe that's a very nice idea, but if you think you know how to trade already then binance is the best place which you can trade.
And one of those fundamentals that people need to learn is that trading will bring losses as well, even if you have experience, knowledge and a good trading system losses can accumulate themselves and produce negative results even if you are doing everything right, that is just the price that you need to pay to be a trader but if you are not willing to accept that fact then you will eventually make a mistake that will hinder your account to the point a recovery is impossible, something that happens quite frequently to the newbies which have not learned that lesson.
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April 14, 2022, 02:30:34 PM
 #86

You can trade, but you have to understand the fundamentals of trading so that you won't endup losing your money, trading is just what you will just wake up and you think you will just start doing. If you don't understand trading you can just invest your money in bitcon for long term I believe that's a very nice idea, but if you think you know how to trade already then binance is the best place which you can trade.
And one of those fundamentals that people need to learn is that trading will bring losses as well, even if you have experience, knowledge and a good trading system losses can accumulate themselves and produce negative results even if you are doing everything right, that is just the price that you need to pay to be a trader but if you are not willing to accept that fact then you will eventually make a mistake that will hinder your account to the point a recovery is impossible, something that happens quite frequently to the newbies which have not learned that lesson.
right psychologically preparing to trade before starting is the most important thing, besides increasing knowledge about trading, so that we can learn in real about trading and can enjoy every loss to be used as a real knowledge base, so that in the future we will be better. I also agree with choosing Binance, because at least for beginners, fund safety is a fundamental choice so as not to disturb psychological stability

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elisabetheva
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April 18, 2022, 09:10:02 AM
 #87

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?
I think you are in the right place and in the right place to trade, because Binance is probably the most qualified exchange and can accommodate your needs. now you just have to decide what coin you are going to trade, of course it's not wrong to choose the best ranking that is in CMC / CGK, if you really want new coins at least you can see those that have entered the binance exchange can be used as the right reference. it's just a matter of time and place for you to execute what you are going to do.
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April 18, 2022, 08:44:37 PM
 #88

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?
I think you are in the right place and in the right place to trade, because Binance is probably the most qualified exchange and can accommodate your needs. now you just have to decide what coin you are going to trade, of course it's not wrong to choose the best ranking that is in CMC / CGK, if you really want new coins at least you can see those that have entered the binance exchange can be used as the right reference. it's just a matter of time and place for you to execute what you are going to do.
Yeah, I agree there is nothing that could be better than just being on Binance, checking whatever you want, buying and selling with ease. I agree that choosing the biggest one can't be wrong, in fact I usually suggest those because the biggest names are usually biggest returns and that is a good thing.

I might be wrong, maybe there are better coins with better profits but at the same time how better could they be? They could be better this year, but next year they could be going down when bitcoin goes up, or fail to go down at the same moment .This is why the top 10 is a great place to start if you are a newbie, that is what I suggest to all newbies all the time.

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April 18, 2022, 10:53:55 PM
 #89

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?
Binance is a good and reliable platform you can use to get things done for yourself especially buying, selling and also trading. The only problem you might face is their KYC verification that normally takes time to be approved. You will have to learn one or two things about the platform so you can easily work your way around it without stress. You can download Binance Academy to learn more about Binance and crypto entirely.

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Fatunad
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April 18, 2022, 11:10:13 PM
 #90

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?
What you have been trading in binance for a year? If you havent done any trades then its better to start up with scratch.Try to learn up the basics specially with technicals yet there are lots of
tuts and courses  which you could find for free.Also you could snip out some good ideas from traders in the market but never ever tend to pay up something for you to learn yet everything
is free and attainable here online. When you are trading then dont rush up yourself on learning everything because this would takes a long time and have that effort which is needed.

R


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April 19, 2022, 09:54:44 PM
 #91

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?
Binance is a good and reliable platform you can use to get things done for yourself especially buying, selling and also trading. The only problem you might face is their KYC verification that normally takes time to be approved. You will have to learn one or two things about the platform so you can easily work your way around it without stress. You can download Binance Academy to learn more about Binance and crypto entirely.
That's how Binance really is which is one of the popular platforms that has full features I think,
whatever it is, what Binance has to offer is truly amazing and backed up with great security too,
related to KYC verification, you just need to wait and be patient

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April 20, 2022, 08:12:35 PM
 #92

Binance is a good and reliable platform you can use to get things done for yourself especially buying, selling and also trading. The only problem you might face is their KYC verification that normally takes time to be approved. You will have to learn one or two things about the platform so you can easily work your way around it without stress. You can download Binance Academy to learn more about Binance and crypto entirely.
That's how Binance really is which is one of the popular platforms that has full features I think,
whatever it is, what Binance has to offer is truly amazing and backed up with great security too,
related to KYC verification, you just need to wait and be patient
I don’t believe so. I also make use of Binance.com and while verifying my account it never took long. once I uploaded my documents it took around 24 hours for them to get it verified. It’s not like other platforms or exchanges where you would upload your ID for verification and you would have to wait for days before it is verified. The process is usually faster than most of the other exchanges that you would see in the market.

So, for me Binance has always been the best choice to make and it is well recommended for people who are newbies in the market. If you wouldn’t have to go through the stress of making use of other exchanges, then business is really the choice to make.

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April 23, 2022, 06:10:06 PM
 #93

All types of crypto investments have high risks, think back to that, but if you still choose to invest in crypto and use Binance to trade it I suggest you choose BTC spot trading, although it still has risks, but the risk is very minimal compared to options other.

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April 23, 2022, 07:21:40 PM
 #94

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.
Holding at this time where the market is much unstable due to war is safer, but will took too much time to really be able to get profit since it may take longer than expected. Since Op seems to use Binance already then better trade some top altcoins while still holding bitcoins.
Market is never been stable whether there's a war or none and its really hard to determine on what would be the possible bottom and if you do tend to accumulate with the current price as of this moment then i would

say that it isnt really that a bad idea.If you do go short term then having these short time declines or price decrease would be a sweet spot for you to take or head on and not would really be just waiting for

more deeper correction or something like that.Whatever kind of motive or target you do have then it is really subjective to change basing up with your own preference.

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April 24, 2022, 05:56:20 PM
 #95

You can start trading with Bitcoin, ETH, cardano, and binance coin. And you can as well add the USDT to the list. As time goes on as you continue to be more experienced in trading, you can decide to add whatever other coin that you think is good for you to add. When you’re more experienced you would be able to look into other cryptocurrencies and be able to tell whether they would be a good choice or not. For now, just take the bigger cryptocurrencies that we have in the market and trade them.

Binance is already a really good platform for trading. It is very popular and a lot of people make use of it and so far from my experience I can as well tell you that it is a reliable platform. And one thing I like about it is the fact that they have a customer support that is always there to be of help.
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April 24, 2022, 06:07:51 PM
 #96

When I see people asking for where to invest from random strangers, I know those asking might lose their fund! If you want do know where to invest, investing or trading shouldn't be your priority. You should start learning and get excellent at it. It's only when you are vast and well read that you can identify excellent project! You need a good coin that will last like bitcoin in a tupsy turvy cryotocurrency market!

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April 24, 2022, 09:53:00 PM
 #97

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?
Many people have mentioned Binance, and I can't really argue with them because it's a cryptocurrency exchange with a high reputation, and its trading process and processes are transparent and simple to grasp. However, one downside is that There Kyc, in fact, anything that deals with giving your personal data all in the name of kyc has rendered practically all such exchanges that require Kyc no longer a safe place. Please try to study, understand, and learn everything you can about cryptocurrency trading before you begin. Best wishes.

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April 27, 2022, 06:09:02 AM
 #98

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?
You have done something right and are already on a very positive note by accumulating to be able to invest from your savings for trading.
right now the main thing is, to motivate yourself that what you are going to do is because you have faith in yourself and not because of doubts, which will make you worried.

what you have done is of course correct, entrusting trading to binance because it is already recognized and you just have to decide which coin you think is the best. You can do an analysis first to determine which coins are worth buying and investing. As for my advice, BNB is a coin that deserves to be invested because last year it increased sharply and I hope it will happen again this year.

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April 27, 2022, 02:38:55 PM
 #99

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?
https://academy.binance.com/en

They got you covered for some beginner advices to trade for starters, also since you are going to use Binance for at least a year then it would be better to read it if you have spare time since most of the case they will use their own exchange platform to demonstrate and introduce you about Cryptocurrency world.

But still in order to master everything, you need to try those out by yourself after reading that articles. So, just don't be afraid to lose some small money that you can afford at first.

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April 27, 2022, 10:19:23 PM
 #100

Binance exchange is the best for trading platform.If you have good knowledge about trading then you can trade. If you are a newbie then you must ask for help.Because there are certain rules and regulations for trading, you must follow them or your fund may be lost.Make some wrong people poor in trading.Since you are new you will start spot trading instead of futures trading.Then if you gain trading experience then maybe you can do futures trading.

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