A very important recommendation never forget the Stop loss and the take profit. The Stop loss will be your PARACHUTE in case the market unexpectedly goes down when we are not looking at the chart as in the case of being asleep. Likewise, it is extremely important to set the Take profit (TP), which will allow us to stop automatically without having to watch the chart. Not placing it can mean a loss equal to the SL.
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MONKONG
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🔥 Are you NEW to crypto and don’t know where to start? 🧵👇
Here’s a simple summary so you DON’T lose your money:
📉 1. Futures: 🚨 HIGH RISK
What is it? You bet on whether the price will go up or down using borrowed money (leverage).
The reality: You can make money fast, but one mistake and you could lose 100% of your money in seconds.
❌ NOT recommended for beginners.
📊 2. Spot: 🛡️ THE BEST WAY TO START
What is it? You buy the actual cryptocurrency (BTC, ETH), and it’s yours.
The reality: If the price drops, you keep your coins. You only sell if you want to. No one can liquidate your position.
✅ Ideal for getting started, learning, and sleeping easy.
🏢 3. Stocks (Tokenized): ⚖️ TRADITIONAL
What is it? Investing in traditional companies (like Apple or Tesla) through the crypto world.
The reality: Less volatility, but growth
is slower than with crypto.
💡 Good if you’re looking to diversify with traditional assets.
🎯 QUICK VERDICT:
If you’re starting today, start with SPOT. Accumulate solid projects, learn to control your emotions, and stay disciplined. Leave Futures for when you have some experience!
👇 Which one did you start with on your first day? Let me know in the comments!
$BNB
@alfredorivas1 @FerDanzigPY @Six_2 @Moisa16 @POCHITA 2113 保拉 @jesustraderlux
Here’s a simple summary so you DON’T lose your money:
📉 1. Futures: 🚨 HIGH RISK
What is it? You bet on whether the price will go up or down using borrowed money (leverage).
The reality: You can make money fast, but one mistake and you could lose 100% of your money in seconds.
❌ NOT recommended for beginners.
📊 2. Spot: 🛡️ THE BEST WAY TO START
What is it? You buy the actual cryptocurrency (BTC, ETH), and it’s yours.
The reality: If the price drops, you keep your coins. You only sell if you want to. No one can liquidate your position.
✅ Ideal for getting started, learning, and sleeping easy.
🏢 3. Stocks (Tokenized): ⚖️ TRADITIONAL
What is it? Investing in traditional companies (like Apple or Tesla) through the crypto world.
The reality: Less volatility, but growth
is slower than with crypto.
💡 Good if you’re looking to diversify with traditional assets.
🎯 QUICK VERDICT:
If you’re starting today, start with SPOT. Accumulate solid projects, learn to control your emotions, and stay disciplined. Leave Futures for when you have some experience!
👇 Which one did you start with on your first day? Let me know in the comments!
$BNB
@alfredorivas1 @FerDanzigPY @Six_2 @Moisa16 @POCHITA 2113 保拉 @jesustraderlux
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.