I saved up a few this month and planning to invest a part of it in trading but I'm not really sure where to start. What should I trade and I'm leaning on using binance since I am confident in using it for a year now. What can you suggest?
In this market situation, actually, it will be very risky to enter the market moreover in the altcoins. We can see that a top coin like LUNA is experiencing extreme fall and rug pull. That is why if I were you, I will focus on Bitcoin only for this time. But, think about using DCA systems. Never do all in one time buy Bitcoin because we still don't know if the price of Bitcoin is going to up or will be decreasing again to the next support.
Binance is a top exchange and so far I am also using it and having no problem.
DCA system is good but only into those people or investors who do have deeper pockets or something those funds that they could really able to do so and we know that not
all would really be having those capacity on doing so thats why they do really miss out on doing such step on buying into the dips even though its not assured or cant be sure
but buying cheap would always be giving out positive results whenever the market tends to make out some recovery which is something that inevitable or normal to happen.