Excellent summary, clear and simple.😁
Post
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Jessica Rendon
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🚨 MY BEGINNER MISTAKES ON BINANCE
(and which buttons are better not to touch yet)
So that you don't go through what others have...
❌ Error #1: Enter "Futures" without knowing what it is
That button is very visible and seems harmless, but it is not.
👉 Why avoid it?
Because you can lose money very quickly if you don't know how it works. You are betting with money you don't have (it's called leverage). It's not for beginners.
🛑 DO NOT touch yet:
"Futures"
"Margin"
"Derivatives"
❌ Error #2: Buy the first thing that goes up
"I saw this crypto went up 20%, I buy it now!"
So that you don't go through what others have...
❌ Error #1: Enter "Futures" without knowing what it is
That button is very visible and seems harmless, but it is not.
👉 Why avoid it?
Because you can lose money very quickly if you don't know how it works. You are betting with money you don't have (it's called leverage). It's not for beginners.
🛑 DO NOT touch yet:
"Futures"
"Margin"
"Derivatives"
❌ Error #2: Buy the first thing that goes up
"I saw this crypto went up 20%, I buy it now!"
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