How to Trade Crypto Responsibly
Trading responsibly should be your top priority when buying or selling crypto. Much of trading responsibly comes from proper planning. Creating a trading plan can help keep you accountable for your actions later on. By making decisions when you have a clear head, you can avoid emotions affecting your trades. You should also consider doing […]
About Course
Trading responsibly should be your top priority when buying or selling crypto. Much of trading responsibly comes from proper planning. Creating a trading plan can help keep you accountable for your actions later on.
By making decisions when you have a clear head, you can avoid emotions affecting your trades. You should also consider doing your own research, diversification, using stop-limit orders, and avoiding FOMO where possible.
If you trade using leverage, make sure you understand fully the risks involved. Binance has also included features to give you more control over the amount you trade, such as the Cooling-Off Period. This option allows you to lock your futures account for a fixed period of time.
Course Content
How to Trade Crypto Responsibly
Trading responsibly should be your top priority when buying or selling crypto. Much of trading responsibly comes from proper planning. Creating a trading plan can help keep you accountable for your actions later on.
By making decisions when you have a clear head, you can avoid emotions affecting your trades. You should also consider doing your own research, diversification, using stop-limit orders, and avoiding FOMO where possible.
If you trade using leverage, make sure you understand fully the risks involved. Binance has also included features to give you more control over the amount you trade, such as the Cooling-Off Period. This option allows you to lock your futures account for a fixed period of time.
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Introduction
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What is responsible trading?
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How does Binance help people trade responsibly?
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8 tips to help you trade crypto responsibly
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Secure your trading account and wallet
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Create a trading plan
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Use stop-limit orders
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Do your own research
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Diversify your portfolio
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Avoid FOMO
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Understand leverage
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Use a Cooling-Off Period
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Closing thoughts
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Our crypto assets concerned are not considered financial instruments, electronic money, structured deposit, and the activities carried out are not considered regulated activities Cryptocurrency assets has relatively huge fluctuations in their prices. Please do judge your own investment capabilities rationally and make your investment decisions cautiously. The information and analysis contained in KRYZA sites and social sites,groups reflect the privacy of the authors and is not an investment analysis or investment advice. When making any investment decision, the suitability of the given investment can only be determined by an examination tailored to the person of the given investor, for which the author of the post does not undertake and is not suitable. Therefore, before each investment decision, find out in detail and from several sources, if necessary, consult your personal investment advisor!