📘 Bitcoin for beginners: why is support so important?
If you are starting in crypto, there is a key concept you need to know: support.
🔹 What is support? It is a price zone where many buyers enter the market, preventing the price from continuing to fall.
🔹 Why does it matter in Bitcoin? When BTC reaches a strong support: • It increases the likelihood of a bounce • It reduces the risk of sharp declines • It serves as a reference for managing risk
🔹 Basic advice: Never enter without a plan. Define: ✔️ where you buy ✔️ where you sell if the market goes against you
💡 It's not about always winning, but about losing little when you fail.
👤 4. Personal experiences (the ones that convert the MOST)
At first, I lost money in crypto because I wanted to win quickly. Now I know that patience pays better than excitement. Something I wish I had known earlier: You don't need to trade every day to win in crypto.
Posting on Binance Square is not for selling, it's to add value. $BTC $ETH $BNB