#bitcoin doing awsome | Fahad_Topodar on Binance Square

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#bitcoin doing  awsome

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Here are some tips for using Binance effectively: Secure your account: Use strong passwords and enable two-factor authentication to keep your Binance account secure.Learn the platform: Take the time to understand Binance's interface, features, and trading tools before you start trading on the platform.Conduct research: Do your own research before investing in any cryptocurrency. Use resources like coinmarketcap.com to stay up-to-date on prices and market trends.Diversify your portfolio: Avoid putting all of your money into a single cryptocurrency. Instead, diversify your portfolio by investing in multiple assets.Know when to buy and sell: Use technical analysis tools such as charts and indicators to identify when to buy and sell cryptocurrencies.Set stop-loss orders: Use stop-loss orders to automatically sell an asset if it reaches a certain price, helping to limit potential losses.Keep track of your profits and losses: Keep track of your trading activities to analyze your performance over time and adjust your strategy accordingly. Remember that trading cryptocurrency involves risk, so it's important to be cautious and make informed decisions

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I started my cryptocurrency journey only from last week. Even though I have been trading equity market since 2008, I never tried my hands with crypto, since I have always been calling it as a bubble since 2017, eventually when Bitcoin crashed in 2018 from $20,000 to $3500, I thought bubble is burst. But Bitcoin stayed flat for next years, then it broke its all-time high resistance of $20,000, once that was breached, then no stopping. It went all the way to $60,000 and also more coins joined the party, like Ethereum, Matic, Doge etc.

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