Mari Santamarina
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The most common mistake beginners make on Binance
Investing all capital in a single trade 🚫. It's always better to divide into parts. Did you ever do it? 👀
Investing all capital in a single trade 🚫. It's always better to divide into parts. Did you ever do it? 👀
⚡ 3 things to do before trading on Binance
If you are just starting out in trading, these 3 steps can save you:
1️⃣ Always set a stop-loss. Avoid letting a bad trade consume all your capital.
2️⃣ Do not use all your balance in a single trade. Divide it into parts to reduce risks.
3️⃣ Check the trend on larger timeframes (1D / 4H). Do not just rely on 5-minute candles.
These are basic tips, but most people forget them and lose money.
👉 Which one do you always apply and which one do you still struggle with?
If you are just starting out in trading, these 3 steps can save you:
1️⃣ Always set a stop-loss. Avoid letting a bad trade consume all your capital.
2️⃣ Do not use all your balance in a single trade. Divide it into parts to reduce risks.
3️⃣ Check the trend on larger timeframes (1D / 4H). Do not just rely on 5-minute candles.
These are basic tips, but most people forget them and lose money.
👉 Which one do you always apply and which one do you still struggle with?
Is BTC heading towards $70K again?
The Bitcoin ($BTC) market is showing signs of strength again after weeks of consolidation.
📈 Today the price is around $63K – $65K, and many analysts indicate that if it breaks the resistance at $66K, it could head straight to the $70K zone.
🔑 Factors to consider:
• The buying volume is increasing on Binance.
• There is capital inflow into BTC ETFs in the U.S.
• This year's halving continues to generate expectations of scarcity.
⚠️ Risks:
• If it fails to break $66K, we could see a correction towards $61K – $60K.
• The traditional market (stocks/indexes) could also influence.
💡 Common strategy: many traders use USDT to enter support zones and sell at nearby resistances.
🚀 In conclusion: BTC is at a key point. A strong breakout could pave the way to $70K.
Do you think it will reach $70K in September or is it just hype? I’m listening.
The Bitcoin ($BTC) market is showing signs of strength again after weeks of consolidation.
📈 Today the price is around $63K – $65K, and many analysts indicate that if it breaks the resistance at $66K, it could head straight to the $70K zone.
🔑 Factors to consider:
• The buying volume is increasing on Binance.
• There is capital inflow into BTC ETFs in the U.S.
• This year's halving continues to generate expectations of scarcity.
⚠️ Risks:
• If it fails to break $66K, we could see a correction towards $61K – $60K.
• The traditional market (stocks/indexes) could also influence.
💡 Common strategy: many traders use USDT to enter support zones and sell at nearby resistances.
🚀 In conclusion: BTC is at a key point. A strong breakout could pave the way to $70K.
Do you think it will reach $70K in September or is it just hype? I’m listening.
🔎 What is USDT and why does everyone use it on Binance?
Many newcomers to Binance wonder what it means to have USDT in their account.
💵 USDT (Tether) is a stablecoin, meaning it is a stable cryptocurrency linked to the value of the dollar (1 USDT ≈ 1 USD).
It is used because:
• It maintains its value in dollars regardless of market volatility.
• It is the most used currency for purchasing other cryptocurrencies like BTC, ETH, or BNB.
• It allows for fast trading without needing to go through banks.
📊 Tip: If you look at the most popular trading pairs ($BTC/USDT, $ETH/USDT), you will notice that almost everything moves against USDT.
🚀 In summary: if you have USDT, you hold the key to enter any investment on Binance without worrying about extreme market fluctuations.
👉 Do you use USDT just to store value or also to trade? $
Many newcomers to Binance wonder what it means to have USDT in their account.
💵 USDT (Tether) is a stablecoin, meaning it is a stable cryptocurrency linked to the value of the dollar (1 USDT ≈ 1 USD).
It is used because:
• It maintains its value in dollars regardless of market volatility.
• It is the most used currency for purchasing other cryptocurrencies like BTC, ETH, or BNB.
• It allows for fast trading without needing to go through banks.
📊 Tip: If you look at the most popular trading pairs ($BTC/USDT, $ETH/USDT), you will notice that almost everything moves against USDT.
🚀 In summary: if you have USDT, you hold the key to enter any investment on Binance without worrying about extreme market fluctuations.
👉 Do you use USDT just to store value or also to trade? $
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