๐จ 10 mistakes that EVERYONE makes when starting on Binance.
If youโre a beginner, avoid these mistakes. They can save you money and a lot of headaches ๐
โ 1. Buying without understanding.
๐ Example: You buy because of an influencer you saw, and then the price drops.
โ 2. Not enabling 2FA.
๐ Example: Someone can get into your account if they obtain your password.
โ 3. Choosing any seller in P2P.
๐ Example: It takes a long time to release your USDT.
โ 4. Confirming a payment before making it.
๐ Example: An unnecessary appeal is created.
โ 5. Buying out of FOMO.
๐ Example: You buy at a high price and the market corrects.
โ 6. Ignoring fees.
๐ Example: You end up earning less than you expected.
โ 7. Sending using the wrong network.
๐ Example: Your funds can get stuck.
โ 8. Investing all of your capital.
๐ Example: After that, you wonโt have money left to take advantage of a drop.
โ 9. Not saving your security codes.
๐ Example: You change your phone and lose access.
โ 10. Trading without learning.
๐ Example: You make mistakes that were easy to avoid.
๐ก My biggest lesson: On Binance, the one who earns the most isnโt the one who trades the most, but the one who makes the fewest mistakes.
๐ฌ Which of these mistakes have you already made?
๐ Follow me @eyderarredondo. Every day I share what Iโm learning about Bitcoin and Binance, explained for beginners.
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