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How to use Binance Wallet with my DCA strategy?

Binance

Cryptocoins Exchanges / Binance 9 Views

For starters, I'm beginner. So I might recognize in the event you guys actually help me out.

I just began buying and selling BTC in binance and have been buying small amounts of BTC previous couple of weeks have round $500.

I have traded stocks before on Trading 212 the place you purchase shares, maintain on, and promote it perhaps after 5-10 years or whatever.

However Binance Pockets sounds new to me as a result of I don’t perceive what to do after i buy BTC each week. Do I instantly transfer it to my wallet or let it keep in BTC change (as the worth of BTC goes up or down). I see the “Obtain” button on my wallet after which the option of “Transfer from Binance Trade”

I assumed after you purchase BTC you own it anyhow. And if I don’t own it, and once I move to my wallet, does my $500 cease rising if for instance BTC goes up by 10%?

What do yoy guys do since after shopping for btc each week/day/month? Please explain! Thanks!!

submitted by /u/Max_Spayne
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