#Write2Earn #BinanceAfrica
What Should I Hold and What Coin Should I Trade on Binance?
When trading on Binance, your strategy depends on your goals—whether you're holding long-term or trading short-term. For **holding**, focus on strong projects with solid fundamentals. Bitcoin (BTC) and Ethereum (ETH) are the safest bets because of their market dominance and adoption. Other good long-term holds include Binance Coin (BNB) for its utility and Solana (SOL) for its high-speed transactions.
For **trading**, look for coins with high volatility and liquidity. Altcoins like Dogecoin (DOGE), Shiba Inu (SHIB), or Pepe (PEPE) often pump due to hype, but they’re risky. Always check trading volume and recent trends before jumping in. Mid-cap coins like Polygon (MATIC) or Avalanche (AVAX) can also be good for swing trades.
Diversify your portfolio—don’t put everything into one coin. Use stop-losses to protect your capital, and never trade based on emotions. Follow market news, as Binance listings or major partnerships can cause sudden price movements.
Remember, crypto is unpredictable. Only invest what you can afford to lose, and always do your own research before making any moves. Whether holding or trading, discipline is key to success.
