*TIPS and TIPS for anyone who is coming to BINANCE and has no reference to this market*. As I have seen in the last few days in the publications, many people come trying to buy cryptos and do not know where their money is, how to invest it, how to sell it. 1. The crypto thing is to buy something very cheap and sell it at a high price to make a profit, even so many do not know what a high or low peak is and simply buy it. 2. They buy by conversion and lose a lot because the change will always be above the market price. DO NOT CONVERT unless you have less than $5 and Binance does not allow you to buy for less than that amount. 3. Thinking that futures is buying currency, FUTURE IS NOT BUYING CURRENCY. TIPS. 1. Watch the#binanceautolearnbinance videos on Youtube "how to buy cryptos on binance" and this is the step by step. 2. Buying on P2P is the best system since your funds can be acquired and sold without commitment to binance or locks because they are purchases between third parties. 3. When acquiring stable currency, it first goes to your FUNDS wallet, you must transfer by clicking on ASSETS / SUMMARY / TRANSFER / SPOT and enter the amount you want. 4. Then go to TRADE / SPOT / SELECT the currency you like in the pair you have (USDT, USDC, FDUSD and others..) and there it says in the first box LIMIT (usually), that box says that you are going to buy at a price that you like to set and that seems good to you, if you want to buy it at the current price you must change to MARKET or MARKET. 5. Select how much you want to buy in the next line and click buy, you already have crypto. NOTES 1. STUDY the behavior of the coins a while before acquiring them, so you will know when you should acquire it. This can be seen above in the time frames that are in the graphs... I recommend 15m or 15 minutes / 4h (4 hours) / 1d (one day) / 1M (one month) so you will know where it is high and where it is low... 2. Buying coins with history and utility give more stability and growth in this crypto world. 3. PATIENCE with all your purchases. $XRP
SPOT Advantages 1. If you buy at a good price at a very low point and it doubles its price continuously and without losing its highest peaks, your money grows and you see results 2. The price drops for a while and you don't lose if you are patient and wait for the rise, as it is a purchase of participation, you only lose if you sell below the acquired price, many get scared and stop receiving profits when it rises. 3. The spot allows you to analyze the selected market and shows you its behavior, this could help you a lot to make futures. Disadvantages 1. If it is a currency that follows cycles and the same parameters without going up a level, it is a waste of time and very slow growth. 2. If it loses value and if it does not have volatility, you have to wait too long to recover with a rise. 3. When entering with little capital, even if it goes up too much, the profits are very poor.
FUTURES Advantages 1. Leverage generates quick profits and adds value to your portfolio if it confirms the LONG (upward) or SHORT (downward) direction. 2. It generates a study of the selected coin, which allows for greater knowledge of trends, which leads to greater profitability. 3. With good risk management and adequate leverage, the currency can fluctuate and not influence the proposed direction, even if we have an operation open for days or weeks.
Disadvantages 1. If you tend to go in the opposite direction, you lose twice as much as you generate with the rise. If you check the fluctuation, you will realize this fact. 2. If you include a cross margin and it does not have a stop loss placed, it will continue its opposite course until it consumes the entire balance, even from other accounts to cover the loss margin. 3. It does not generate adequate loss behavior, unlike the spot that seeks patience while waiting for the rise. If you consume your balance in FUTURES, there will be no return. Many even try more operations by guessing and not studying, which again generates more orders.
TODAY: KNOWLEDGE IS GROWTH!! ✅✅✅✅✅✅✅✅✅✅✅✅✅ AND WITH A PRIZE INCLUDED
Do you have questions about crypto topics??'
Do you want to know technical topics about functions, futures, spot, earn and more?
I will be available today all day answering your comments to help everyone who follows me, likes, and asks their question(s).
I want to not only provide the necessary tools but also contribute to everyone who asks their questions with the following:
1. Among all the questions, I will choose 1 person to send ((((3 $USDT )))), your question must be the best among all, so it should have the highest number of likes from the community and my like.
2. To be chosen, you must have been with Binance for no more than 8 months. Remember that the goal is to help those who are entering the crypto world.
✅✅AYER a great trade with $Q 💥💥💥💥💥 the token showed an explosion of 100% and then practically returned to the beginning..
when there are these points of volatility there are two ways to get involved:
1. Either you realize it early and start with the rise with prior study or,
2. you wait for the reaction to such an aggressive movement, generally .. they always try to look for another similar movement in the opposite direction and this contributes not as much as what went up but maybe you take something from the following movement.
What is expected today??
It wants to rise again and must gain more momentum to do something similar .. if it doesn't succeed it will simply remain in waves.
$AIA shows its leveling at 0.16 and there should be a jump from there to 0.80 if the market supports it and that would be good... this token has a lot to contribute and was created for a specific purpose ...
it simply needs to be maintained and rise to great heights and not fall back down as happened weeks ago.
$RIVER had the expected and healthy drop as I mentioned before, and just like in previous cases, the chart shows a clear downward arrow and is at the limits to maintain its upward trend.. if it breaks below 52, the next floor is 46, and from there down if it doesn't recover immediately.
What does this week hold???
Leveling at 60 and resting at 65 if it recovers and then returns to its level... otherwise, it will remain between 35 and 46 with a feeling of loss and will take time to recover..
I welcome comments... DOES IT RISE SUDDENLY or FALL WITH FORCE?
$RIVER has just marked an important ceiling!!! not only in level but also in Marketcap... so stay alert because we don't want sharp drops or rises that take us out of level.
From now on, every decision you make has to be precise, it needs to breathe a little and stabilize that rise, in that way it will continue to grow healthily. I see it from Sunday to Monday.
TODAY I am at $ACU which shows a significant rise and intends to make a good leap.
If it maintains its current trajectory, it could generate a good trade and leave a significant profit. Apparently, if adoption starts to happen from now, I want to see if there is a good evolution of the token.
TODAY I am at $ACU which shows a significant rise and intends to make a good leap.
If it maintains its current trajectory, it could generate a good trade and leave a significant profit. Apparently, if adoption starts to happen from now, I want to see if there is a good evolution of the token.
Let's take a look at its chart that speaks for itself ...
both in 2h and 4h show a healthy and estimated normal drop of an ascending channel to align with reality !! not everything can be upward, there must be corrections for it to be a healthy climb!!
Today it visits the 35 and in previous posts we reviewed its behavior !! it had a first drop, this would be the second and it may level off around 40 to 46, retesting 35 and must maintain that resistance to continue fulfilling the ascending channel ... if it breaks at 35 it only has the area of 27 as we saw it jump yesterday !!! if it breaks there we will see very low levels of the token ..
Do your studies in the same way and be careful with over-leveraging because it can consume your portfolio very quickly.
$FOGO takes off from very low, gaining traction after a significant drop, establishing itself in a great position for the long term as long as it maintains levels and keeps the takeoff pace.
I'm not one to give levels, but if you're looking for a top
34, 37, and 42 to 45 at most
Remember that $FOGO has futures competition, if you're going to enter, first register and who knows, your trading volume might generate extra profits.
Press the gift box above, open the fogo promotion, register, and you're all set.
WE SEE that I took the indicated direction $WLFI with an exit at 0.16 to 0.17 and if the trend continues we could exceed 0.20 by the end of the month!!
If it changes direction, it could return to 0.14 to look for strength again.
Let's see what happens these days and if all goes well with $TRUMP we could see great levels.
$FOGO takes off from very low, gaining traction after a significant drop, establishing itself in a great position for the long term as long as it maintains levels and keeps the takeoff pace.
I'm not one to give levels, but if you're looking for a top
34, 37, and 42 to 45 at most
Remember that $FOGO has futures competition, if you're going to enter, first register and who knows, your trading volume might generate extra profits.
Press the gift box above, open the fogo promotion, register, and you're all set.
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the weakening of $RIVER has already passed, it was very loaded these days and look at the wick that it hit downwards.
Many commented to me and thank you for that the previous post, while one must know how to handle this type of token and they mentioned to me that it is not for beginners, they are absolutely right!!! it has been a great rival and behaves with a lot of strength.
So much so that it returned to its levels and fights 40 once again.
CONGRATULATIONS to those who managed to take the important drop, it was strong and I know it hit the token.
Honestly, I need to improve my studies regarding the financing rate but but but I got my results and that is what I want to give to the community.