livingfree
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April 27, 2022, 10:25:10 PM |
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You're in a good exchange already.
As suggested by everyone that should you trade there, you still need to do research so that you'll know what you're doing. It's okay to start with BTC and USDT or BUSD pair there.
Liquidity is high and that's where the new traders should start trading with, or if you don't like that pair, choose other pairs that has high liquidity which you can do scalping.
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nurilham
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April 27, 2022, 11:16:12 PM |
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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 that the first thing to do is by ensuring yourself in the investment. It is not only about the big expectation to have or gain the profits. But also the risk that may make you lost. Actually, Binance is a good platform. If I were you because I am new enough in the investment, I will invest in Bitcoin or BNB right now. ETH is actually good enough, but the price has been highly skyrocketing. It may be different for BNB and Bitcoin but may still have a higher chance to rise up again. But once more, DYOR again and again and take the risks as you ready
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dunfida
Legendary
Offline
Activity: 3276
Merit: 1159
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April 27, 2022, 11:51:36 PM |
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You're in a good exchange already.
As suggested by everyone that should you trade there, you still need to do research so that you'll know what you're doing. It's okay to start with BTC and USDT or BUSD pair there.
Liquidity is high and that's where the new traders should start trading with, or if you don't like that pair, choose other pairs that has high liquidity which you can do scalping.
You are the ones who do make yourself get learn and its been mentioned that its been 1 year that uses up the platform.So what he actually do? Making it as a portal when converting his coins that he earned on other sources? This is the only way i do think for someone to make use of exchange platforms instead on trading itself.Its true that he had been dealing with the right platform So its better to stick out on a platform which you could trust on specially by the community.
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Nrcewker
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April 28, 2022, 01:54:32 AM |
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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 new at trading or say complete beginner, then I would advise you to go for paid calls. Now if you can’t afford paid calls, then it would be better to go for free but prominent calls made by crypto veterans. Now question might comes up in your mind that where to find free calls? It’s very much simple. Just go to twitter and follow some good crypto traders, then periodically tweet about the coins and their growth. Follow them strictly and choose the best coins to invest. According to my personal experience, 80% of the calls comes to be profitable. Hope this helps you OP.
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livingfree
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April 28, 2022, 10:17:36 AM |
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You're in a good exchange already.
As suggested by everyone that should you trade there, you still need to do research so that you'll know what you're doing. It's okay to start with BTC and USDT or BUSD pair there.
Liquidity is high and that's where the new traders should start trading with, or if you don't like that pair, choose other pairs that has high liquidity which you can do scalping.
You are the ones who do make yourself get learn and its been mentioned that its been 1 year that uses up the platform.So what he actually do? Making it as a portal when converting his coins that he earned on other sources? This is the only way i do think for someone to make use of exchange platforms instead on trading itself.Its true that he had been dealing with the right platform So its better to stick out on a platform which you could trust on specially by the community. There are people that just use these platforms and exchanges just to convert and don't do trading at all. I don't find anything wrong with that because that's still trading. You are correct about sticking to reputable ones and Binance is one of it. As we're saying, he's on the correct platform already and he just have to find where he's comfortable at that include the pairs.
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shushu9977
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April 29, 2022, 08:40:15 AM |
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I trade since 2017. Now, my best exchange is binance and I trade in this exchange which is a good quality and trustworthy exchange. I invest little amount in 2017, 2018, 2019 and 2020. After two years, specially, this year, I invest more as I can. So, learn more about crypto-currencies and after achieving deep knowledge, you could invest as you can.
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TheGreatPython
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April 29, 2022, 09:22:54 AM |
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There are people that just use these platforms and exchanges just to convert and don't do trading at all. I don't find anything wrong with that because that's still trading.
You are correct about sticking to reputable ones and Binance is one of it. As we're saying, he's on the correct platform already and he just have to find where he's comfortable at that include the pairs.
They are all parts of trading, everyone would not do the same thing. I have friends that how they make their own trading is to be checking the market and whenever they see that USDT or Bitcoin, or any other cryptocurrency of their choice is sold at a lower price, they would buy it and then wait for it to be sold at a higher price and sell it on binance immediately. So, it’s just all about how you want to do it. Binance provides a lot types of trading, it can be margin trading, future trading, and so on. So, whatever fits in for you and you know that you are going to be good at it, then it’s good to just go for that.
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Webetcoins
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April 29, 2022, 03:41:38 PM |
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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.
Are you sure that it was right? We are talking about savings here. It wouldn't be called savings for no reason. It was a money dedicated only for the future or for emergency purposes but there should be a separate money that is intended only for trading because trading is risky and there is no guarantee that you can recover what you have spent. Having a motivation is alright but it isn't all. You can say that you will continue to invest even if you are already losing too much because you are motivated. That's wrong and there's no way to recover your funds that way. Learning and practicing should go first and then you can add other traits which can improve your trading performance.
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livingfree
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April 29, 2022, 05:59:17 PM |
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There are people that just use these platforms and exchanges just to convert and don't do trading at all. I don't find anything wrong with that because that's still trading.
You are correct about sticking to reputable ones and Binance is one of it. As we're saying, he's on the correct platform already and he just have to find where he's comfortable at that include the pairs.
They are all parts of trading, everyone would not do the same thing. I have friends that how they make their own trading is to be checking the market and whenever they see that USDT or Bitcoin, or any other cryptocurrency of their choice is sold at a lower price, they would buy it and then wait for it to be sold at a higher price and sell it on binance immediately. So, it’s just all about how you want to do it. Binance provides a lot types of trading, it can be margin trading, future trading, and so on. So, whatever fits in for you and you know that you are going to be good at it, then it’s good to just go for that. Yep. Whatever suits you, you should be making more and staying with that so that you'll be able to maximize your profit as you do it. Well, as our choice with Binance. There are also other choice if OP or the others want to try out. But if he sticks to Binance, a lot of products that he can enjoy as well.
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RealMalatesta
Legendary
Offline
Activity: 2380
Merit: 1149
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April 29, 2022, 08:24:53 PM |
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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/enThey 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. They have a lot more than just newbie help as well, you could learn so much from that place that I am sure you could be well into your veteran period and still learn a thing or two from there. Plus, they have the most wonderful glossary ever and you could learn so much from that as well. I personally believe that there needs to be some sort of a situation where people could keep on learning even when they are veterans and binance could provide that. However, you are right about the master part, if you want to learn absolutely every possible angle of trading then you would have to learn from a few different sources plus with a lot of experience yourself.
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doomloop
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May 02, 2022, 09:04:04 PM |
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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 will advise you to start with the coins you know, I believe you know about Bitcoin, Ethereum , and other top coins if you have made your research. You should start with these coins, I believe that they are going to be a good choice for you to start with, instead of looking for new projects that you are not yet sure about what they would be like in the future. So try to make the right choice, start with the top coins in the market and later you can decide whether to trade any other coin. And you are right for sure, Binance is the best exchange for you to start with. It has been around for a long time, and it is one of the exchanges that has the highest trading volumes in the market, so it’s definitely what you should go with for now.
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retreat
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May 02, 2022, 09:22:47 PM |
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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?
now we already have youtube which is a place for many people including traders to learn self-taught, you can also learn from there (youtube) to be able to use binance and its features because binance is the best exchange in the world with complete features. although not so proficient, but I regularly learn about trading on youtube and often ask other seniors.
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LUCKMCFLY
Legendary
Online
Activity: 2604
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
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May 09, 2022, 12:48:09 AM |
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At the moment Binance is a very complete exchange, in fact it handles trading volumes that are quite good, although Binance has already shown signs of being careful, I would not like to have money there and then block it for possible investigations.
For some time now, Binance, due to a request for an investigation from other countries, blocked the accounts of Colombians for a while, this is something that does not add up to me, because things should not be like this. On the other hand, there is a lot of talk that it is giving data about Russian traders to the Russian government, so it seems to me that Binance is kneeling a lot to the governments, and this does not seem very ethical to me, I would think of other exchanges that are not like that, at less as a prevention.
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Rupok
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May 09, 2022, 04:53:23 AM |
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Binance is a good for trading.Binance is more trustable for others platform.There are many benefits to Binance because sell any buy so easy.we are can $ sell/buy easily in this platform.if you know well then you invest futures trading platform.I think futures trading is also more beneficial.
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monineklutak
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May 09, 2022, 08:30:39 AM |
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Binance is a good for trading.Binance is more trustable for others platform.There are many benefits to Binance because sell any buy so easy.we are can $ sell/buy easily in this platform.if you know well then you invest futures trading platform.I think futures trading is also more beneficial.
Binance is an undisputed platform because it is popular and safe for sure, many people are already using Binance especially since it has complete features for trading or investing, actually there are some good platforms but it depends on individual preference
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Bhig Daddy
Member
Offline
Activity: 364
Merit: 13
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May 09, 2022, 09:07:40 AM |
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Binance is a very good exchanger in the crypto world, so it a nice choice and I know I don't really know much about crypto yet because I'm still learning but I can say this is the best time to invest in bitcoin, because it had drop and you can say in next year to come it will rise again. So invest in bitcoin.
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sana54210
Legendary
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Activity: 3346
Merit: 1128
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May 10, 2022, 04:39:02 PM |
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Binance is a good for trading.Binance is more trustable for others platform.There are many benefits to Binance because sell any buy so easy.we are can $ sell/buy easily in this platform.if you know well then you invest futures trading platform.I think futures trading is also more beneficial.
Binance is an undisputed platform because it is popular and safe for sure, many people are already using Binance especially since it has complete features for trading or investing, actually there are some good platforms but it depends on individual preference I do agree that Binance is the best right now and that makes sense for people to prefer Binance over any other place, at the end of the day it is not a big deal because if you put all of your money in there, they will protect it probably better than any other place that you would work with. You could trade there, and if you pick a high enough volume project then you are going to end up with a quick trading and you will not worry about not finding anyone to trade it with because there are so many people and such a high volume there. Trading is easier when there is a high volume and what better place to trade than the place with the highest ever volume.
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Leebabe
Newbie
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Activity: 42
Merit: 0
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May 11, 2022, 07:23:38 AM |
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First of all don't be in a hurry. Binance is a good place to start but also know that whatever loss you can incur in any other exchange can also occur using Binance. I'd say stay away from Futures while you observe how it works. Spot is a better option.Try getting someone or people you can learn from as you get better at trading. As to what coin, sometimes you need to follow the trend but do your own research and check out projects being carried out.
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Chato1977
Member
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Activity: 1204
Merit: 58
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May 11, 2022, 10:42:14 AM |
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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?
But do you Know how to trade? that is the first question that must be answered because the way you talk here it seems that there is no clear stand about your real plans and being truthful . Binance is a good for trading.Binance is more trustable for others platform.There are many benefits to Binance because sell any buy so easy.we are can $ sell/buy easily in this platform.if you know well then you invest futures trading platform.I think futures trading is also more beneficial.
what kind of trading is he planning , Buying short term or holding . there are questions must be answered .
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bounceback
Sr. Member
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Activity: 2086
Merit: 283
Vave.com - Crypto Casino
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May 11, 2022, 12:45:15 PM |
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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 chosen the right exchange as a place to trade because Binance is one of the largest and most popular crypto exchanges today, but if you are not used to trading there then you should try spot trading first with a small capital because in my opinion doing spot trading will be easier understood by beginners.
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