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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 […]

Instructor Gergő Várhegyi
Updated March 23, 2022

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.

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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.

  • Introduction
  • What is responsible trading?
  • How does Binance help people trade responsibly?
  • 8 tips to help you trade crypto responsibly
  • Secure your trading account and wallet
  • Create a trading plan
  • Use stop-limit orders
  • Do your own research
  • Diversify your portfolio
  • Avoid FOMO
  • Understand leverage
  • Use a Cooling-Off Period
  • Closing thoughts

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