There are basically two types of trading on binance generally (SPOT trading and FUTURES trading
📌 Spot Trading: you buy any coin of your choice at any given rate, you HOLD for it to rise higher, you sell at any point you feel it has risen enough
Note: In SPOT trading, you can never lose your coin, the worth of your coin can only reduce but your coin remains to rise again in worth when the market goes green.
In addition to this ideal basic type of trading or rather a reminder, you need to focus on its market cap on its highest. Likely if the market cap reaches more than 2 times a month you could have a great deal of income return. Yes on SPOT trading you can never lose a coin but you need to look wider and out the box, if an ICO or a value of a coin hits one capital/ cap in a month it is a big no. At first you may see its cheaper and you attracted to the most basic rule of trading buying low and selling it highest even if its HOLDING a coin.
in trading and it specifically point out on another coin it is a risk but for me from my point of view with it is bitcoin and ethereum this spot trading would really be good and be applied to the idea and type of term of spot trading.
You can HOLD on a coin that has the potential to grow or potentially grown many times a year.
📌 FUTURES trading: you predict whether a particular coin is going to rise or fall in price, if it goes in the opposite direction from your prediction, you lose your money, and your coin
This type of ID is applied to all coins you can lose it and win it but it is connected to spot trading it is no different as it is connected but not the HOLD.
Specifically, you need to pick the right coin to play with and the big candidate for that is bitcoin no other ICO of me in which base on my point of view.