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James James roseta

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$BTC 
BTC
85,958.97
-3.04%
$BNB 
BNB
849
-3.94%
$BABY 
BABY
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James James roseta

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1. Understand the Basics Before you start trading: Learn how blockchain and crypto work. Understand major coins and tokens (e.g., Bitcoin, Ethereum, Solana). Know the difference between spot trading, futures, and leverage. 2. Choose a Reliable Platform Select a trusted exchange with: Low fees and high liquidity (e.g., Binance, Kraken, Coinbase Pro, Bybit). Advanced charting tools (integrated with TradingView or similar). Strong security features (2FA, cold storage). 3. Set Up Tools Use TradingView for chart analysis. Use CoinMarketCap or CoinGecko for coin tracking. Consider crypto screeners like Altrady or CryptoWat.ch. Optional: Use bots or automated tools (but only after gaining experience). 4. Learn Day Trading Strategies Here are some popular ones: Scalping: Make multiple small trades throughout the day. Breakout trading: Buy/sell when price breaks resistance/support. Momentum trading: Follow the trend using volume and RSI indicators. Range trading: Trade within predictable highs and lows. 5. Technical Analysis Skills Learn to read: Candlestick patterns (doji, hammer, engulfing, etc.) Support and resistance levels Indicators: RSI, MACD, Bollinger Bands, Moving Averages Volume analysis 6. Risk Management Rules Never risk more than 1–2% per trade. Always set a stop-loss and take-profit. Avoid leverage trading as a beginner. Diversify: Don’t put all your money in one coin. Only trade with money you can afford to lose. 7. Psychological Discipline Avoid FOMO (Fear of Missing Out) and panic selling. Stick to your trading plan. Take regular breaks—don’t overtrade. Keep a trading journal to learn from mistakes. 8. Stay Informed Follow crypto news (e.g., CoinDesk, The Block, Crypto Twitter). Be aware of major events (like ETF approvals, halving, regulations). Understand the impact of macro-economic factors (interest rates, inflation, etc.). #BinanceAlphaAlert #newscrypto $BTC $SHIB

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