My 60-Second Crypto Checklist
Before I put money into ANY crypto strategy, I check these 7 things:
1️⃣ WHAT AM I BUYING?
BTC? ETH? LTC? BNB?
Understand the asset first.
2️⃣ WHAT AM I DOING?
Spot?
Earn?
Dual Investment?
Futures?
3️⃣ WHAT IS MY TIME FRAME?
Minutes?
Days?
Weeks?
4️⃣ WHAT IS MY EXPECTED REWARD?
Don't look only at APR.
Calculate the actual amount.
5️⃣ WHAT ARE THE FEES?
Trading fee
Funding fee
Spread
Slippage
6️⃣ WHAT CAN GO WRONG?
Price falls?
Wrong settlement?
Liquidation?
Locked funds?
7️⃣ CAN I AFFORD THE LOSS?
If the answer is NO…
Don't enter.
📊 MY SIMPLE FLOW
COIN 🪙
↓
PRODUCT
↓
APR / PRICE
↓
FEES
↓
RISK
↓
CALCULATION
↓
DECISION
💡 This is the biggest strategy:
Calculate first. Click Confirm later.
If you want, follow this series.
Tomorrow:
🔥 DAY 2 — 10 more practical crypto strategies
#Binance #Crypto #BTC #ETH #LTC #BNB #CryptoStrategy #CryptoTrading #CryptoEarn #BinanceSquare
Before I put money into ANY crypto strategy, I check these 7 things:
1️⃣ WHAT AM I BUYING?
BTC? ETH? LTC? BNB?
Understand the asset first.
2️⃣ WHAT AM I DOING?
Spot?
Earn?
Dual Investment?
Futures?
3️⃣ WHAT IS MY TIME FRAME?
Minutes?
Days?
Weeks?
4️⃣ WHAT IS MY EXPECTED REWARD?
Don't look only at APR.
Calculate the actual amount.
5️⃣ WHAT ARE THE FEES?
Trading fee
Funding fee
Spread
Slippage
6️⃣ WHAT CAN GO WRONG?
Price falls?
Wrong settlement?
Liquidation?
Locked funds?
7️⃣ CAN I AFFORD THE LOSS?
If the answer is NO…
Don't enter.
📊 MY SIMPLE FLOW
COIN 🪙
↓
PRODUCT
↓
APR / PRICE
↓
FEES
↓
RISK
↓
CALCULATION
↓
DECISION
💡 This is the biggest strategy:
Calculate first. Click Confirm later.
If you want, follow this series.
Tomorrow:
🔥 DAY 2 — 10 more practical crypto strategies
#Binance #Crypto #BTC #ETH #LTC #BNB #CryptoStrategy #CryptoTrading #CryptoEarn #BinanceSquare