Topic: What and where? (Read 865 times)
i suggest you go with binance since you already know more about it. as you are just starting up you can start with spot trading. check and research on few coins and split your funds. now prices are pretty cheap you can little and keep small funds so that if it goes down more you can buy more.
Binance is a good for trading.Binance is more trustable for others platform.There are many benefits to Binance because sell any buy so easy.we are can $ sell/buy easily in this platform.if you know well then you invest futures trading platform.I think futures trading is also more beneficial.
Yeah the best exchange I see so far is Binance but I have a habit to put my money in several exchanges not only in one exchange like Binance. Just preparing for the worst tho since many exchanges got hacked like every year lmao. After that just choose the best trading method that suits you the most rather than following other people just because they got profit doesn't mean you will get profit too if you follow them.
I saved up a few this month and planning to invest a part of it in trading but I'm not really sure where to start. What should I trade and I'm leaning on using binance since I am confident in using it for a year now. What can you suggest?
In this market situation, actually, it will be very risky to enter the market moreover in the altcoins. We can see that a top coin like LUNA is experiencing extreme fall and rug pull. That is why if I were you, I will focus on Bitcoin only for this time. But, think about using DCA systems. Never do all in one time buy Bitcoin because we still don't know if the price of Bitcoin is going to up or will be decreasing again to the next support. Binance is a top exchange and so far I am also using it and having no problem.
all would really be having those capacity on doing so thats why they do really miss out on doing such step on buying into the dips even though its not assured or cant be sure
but buying cheap would always be giving out positive results whenever the market tends to make out some recovery which is something that inevitable or normal to happen.
I saved up a few this month and planning to invest a part of it in trading but I'm not really sure where to start. What should I trade and I'm leaning on using binance since I am confident in using it for a year now. What can you suggest?
In this market situation, actually, it will be very risky to enter the market moreover in the altcoins. We can see that a top coin like LUNA is experiencing extreme fall and rug pull. That is why if I were you, I will focus on Bitcoin only for this time. But, think about using DCA systems. Never do all in one time buy Bitcoin because we still don't know if the price of Bitcoin is going to up or will be decreasing again to the next support. Binance is a top exchange and so far I am also using it and having no problem.
I saved up a few this month and planning to invest a part of it in trading but I'm not really sure where to start. What should I trade and I'm leaning on using binance since I am confident in using it for a year now. What can you suggest?
You have chosen the right exchange as a place to trade because Binance is one of the largest and most popular crypto exchanges today, but if you are not used to trading there then you should try spot trading first with a small capital because in my opinion doing spot trading will be easier understood by beginners.Like for example if I was an American citizen, I would use coinbase instead because not only you will be directly depositing from the bank and withdrawing, you will also have that chance to pay taxes with their help as well, it's nearly automatic, your accountant will have a field day versus binance. So, there are "some" reasons to pick another exchange depending on the situation.
I agree there is no need for us to always trade on Binance, we do not have to look for the best exchange in choosing an exchange. But look
for exchanges that are comfortable and safe when we use them, like the example you gave, if American maybe Coinbase is a better fit for them.
I also prefer trading on the local exchange of the country where I live, because it is easier for me to make deposits and withdrawals. Even on
local exchanges, withdrawals can go directly to my personal bank account, and another interesting thing is that there is a chatroom that uses
the national language of the country I live, it makes it easier for me to communicate with traders from my country. So I only use Binance for
futures trading, which is not available on my local exchange. But for spot trading I mostly do it on my local exchanges.
I saved up a few this month and planning to invest a part of it in trading but I'm not really sure where to start. What should I trade and I'm leaning on using binance since I am confident in using it for a year now. What can you suggest?
You have chosen the right exchange as a place to trade because Binance is one of the largest and most popular crypto exchanges today, but if you are not used to trading there then you should try spot trading first with a small capital because in my opinion doing spot trading will be easier understood by beginners.Like for example if I was an American citizen, I would use coinbase instead because not only you will be directly depositing from the bank and withdrawing, you will also have that chance to pay taxes with their help as well, it's nearly automatic, your accountant will have a field day versus binance. So, there are "some" reasons to pick another exchange depending on the situation.
I saved up a few this month and planning to invest a part of it in trading but I'm not really sure where to start. What should I trade and I'm leaning on using binance since I am confident in using it for a year now. What can you suggest?
Apparently, any coin on Binance is very safe to buy. But the best coins to buy are the coins with low market cap and good use case. Such as Defi, Multichain, Smart contract platform, Governance and more.
Binance is a good for trading.Binance is more trustable for others platform.There are many benefits to Binance because sell any buy so easy.we are can $ sell/buy easily in this platform.if you know well then you invest futures trading platform.I think futures trading is also more beneficial.
Binance is one of the safest exchange in the world interms of stocking and holding Crypto. Newbies are urged to use the exchange for a start, because it's easier and simple to use. Binance consists of more features than any exchange except for exchanges that are centralized. Spot and futures trading are good for trading, except futures which is not good for Newies because its involved high risks. Trading accounts get liquidated easily if not manage with a proper margin and leverage. One good thing with Binance is that they don't just lists any coins on their exchange, they do it after examining the roadmap of the coin and checking the market cap. The CEO of Binance, Changpeng Zhao is trying his best to make all these happen with his strong team.
Binance is a good for trading.Binance is more trustable for others platform.There are many benefits to Binance because sell any buy so easy.we are can $ sell/buy easily in this platform.if you know well then you invest futures trading platform.I think futures trading is also more beneficial.
More Benefical? I don't think so!, for a new trader, I recommend not playing futures trading, because it is very risky to lose all your money, look at how much money has been liquidated now when the price of bitcoin and altcoin dump,
yes it is millions of dollars! And the money will not just come back if you don't deposit anymore and play again mate
isnt for everybody or someone could easily deal off with because it is way more too risky than with spot trading.If you dont have sufficient experience about handling this market then
its better not to touch up this area if you dont like for yourself to be fucked by the market or easily get liquidated.
Binance is a good for trading.Binance is more trustable for others platform.There are many benefits to Binance because sell any buy so easy.we are can $ sell/buy easily in this platform.if you know well then you invest futures trading platform.I think futures trading is also more beneficial.
More Benefical? I don't think so!, for a new trader, I recommend not playing futures trading, because it is very risky to lose all your money, look at how much money has been liquidated now when the price of bitcoin and altcoin dump,
yes it is millions of dollars! And the money will not just come back if you don't deposit anymore and play again mate
I saved up a few this month and planning to invest a part of it in trading but I'm not really sure where to start. What should I trade and I'm leaning on using binance since I am confident in using it for a year now. What can you suggest?
Look at the most volatile assets of day when you start trading and focus on them. It's not too risky in terms of taking margin for a position. This is one of my favorite strategies when trading on wowswap exchange 
I saved up a few this month and planning to invest a part of it in trading but I'm not really sure where to start. What should I trade and I'm leaning on using binance since I am confident in using it for a year now. What can you suggest?
You have chosen the right exchange as a place to trade because Binance is one of the largest and most popular crypto exchanges today, but if you are not used to trading there then you should try spot trading first with a small capital because in my opinion doing spot trading will be easier understood by beginners. I saved up a few this month and planning to invest a part of it in trading but I'm not really sure where to start. What should I trade and I'm leaning on using binance since I am confident in using it for a year now. What can you suggest?
But do you Know how to trade? that is the first question that must be answered because the way you talk here it seems that there is no clear stand about your real plans and being truthful .Binance is a good for trading.Binance is more trustable for others platform.There are many benefits to Binance because sell any buy so easy.we are can $ sell/buy easily in this platform.if you know well then you invest futures trading platform.I think futures trading is also more beneficial.
what kind of trading is he planning , Buying short term or holding . there are questions must be answered .
First of all don't be in a hurry. Binance is a good place to start but also know that whatever loss you can incur in any other exchange can also occur using Binance. I'd say stay away from Futures while you observe how it works. Spot is a better option.Try getting someone or people you can learn from as you get better at trading. As to what coin, sometimes you need to follow the trend but do your own research and check out projects being carried out.
Binance is a good for trading.Binance is more trustable for others platform.There are many benefits to Binance because sell any buy so easy.we are can $ sell/buy easily in this platform.if you know well then you invest futures trading platform.I think futures trading is also more beneficial.
Binance is an undisputed platform because it is popular and safe for sure,many people are already using Binance especially since it has complete features for trading or investing,
actually there are some good platforms but it depends on individual preference
You could trade there, and if you pick a high enough volume project then you are going to end up with a quick trading and you will not worry about not finding anyone to trade it with because there are so many people and such a high volume there. Trading is easier when there is a high volume and what better place to trade than the place with the highest ever volume.
Binance is a very good exchanger in the crypto world, so it a nice choice and I know I don't really know much about crypto yet because I'm still learning but I can say this is the best time to invest in bitcoin, because it had drop and you can say in next year to come it will rise again. So invest in bitcoin.
Binance is a good for trading.Binance is more trustable for others platform.There are many benefits to Binance because sell any buy so easy.we are can $ sell/buy easily in this platform.if you know well then you invest futures trading platform.I think futures trading is also more beneficial.
Binance is an undisputed platform because it is popular and safe for sure,many people are already using Binance especially since it has complete features for trading or investing,
actually there are some good platforms but it depends on individual preference
Binance is a good for trading.Binance is more trustable for others platform.There are many benefits to Binance because sell any buy so easy.we are can $ sell/buy easily in this platform.if you know well then you invest futures trading platform.I think futures trading is also more beneficial.
At the moment Binance is a very complete exchange, in fact it handles trading volumes that are quite good, although Binance has already shown signs of being careful, I would not like to have money there and then block it for possible investigations.
For some time now, Binance, due to a request for an investigation from other countries, blocked the accounts of Colombians for a while, this is something that does not add up to me, because things should not be like this. On the other hand, there is a lot of talk that it is giving data about Russian traders to the Russian government, so it seems to me that Binance is kneeling a lot to the governments, and this does not seem very ethical to me, I would think of other exchanges that are not like that, at less as a prevention.
For some time now, Binance, due to a request for an investigation from other countries, blocked the accounts of Colombians for a while, this is something that does not add up to me, because things should not be like this. On the other hand, there is a lot of talk that it is giving data about Russian traders to the Russian government, so it seems to me that Binance is kneeling a lot to the governments, and this does not seem very ethical to me, I would think of other exchanges that are not like that, at less as a prevention.
I saved up a few this month and planning to invest a part of it in trading but I'm not really sure where to start. What should I trade and I'm leaning on using binance since I am confident in using it for a year now. What can you suggest?
now we already have youtube which is a place for many people including traders to learn self-taught, you can also learn from there (youtube) to be able to use binance and its features because binance is the best exchange in the world with complete features. although not so proficient, but I regularly learn about trading on youtube and often ask other seniors. Jump to: