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Official Binance Coin (BNB) sources
Top 5 - help yourself
List of exchanges including our TOP 5 to buy Binance Coin (BNB) or other altcoins. Most of these exchanges have large trading volumes.More information & strategies
DYOR - Do Your Own ResearchWhen investing in Binance Coin always make sure you do your own research on the coin, technology of the coin and the team behind the coin.
Before you're investing in a coin its important to do you your own research on the coin, technology of the coin and the team behind the coin.
DCA - Dollar Cost Averaging Strategy Binance CoinDollar Cost Averaging is a strategy that is popular in the investment- and crypto-world. It's a tactic where you buy systematic a certain amount of a certain coin / investment you believe in. For example every $100 per month.
As you buy systematic it will reduce the emotional involvement and as you spread the money you invest you spread the risk of a unstable market.
Pro DCA
- Invest small amounts
- Less stress about fluctuating markets
- Less chance on losses as you never buy full amounts on peaks
Cons DCA
- Won't make optimal trades as you don't invest all on the bottom
- Takes longer, as you're not rich after one trade
- If you DCA on one investment you can pick a loser investment what will only go down. Better is there to spread your investments while doing DCA.
