Binomo is an ultra-fast trading platform serving traders from more than 130 countries, from Vietnam to Brazil. It is available in 15 languages ​​and on all types of devices. Binomo fulfills more than 30 million orders every week. The platform features both cryptocurrencies and stocks with dozens of trading pairs. Thanks to its convenient 24/7 mode, Binomo allows you to trade and profit even on Sundays and holidays.

Over the past few weeks, the Binomo support team at has received hundreds of questions from traders who are unsure how to proceed in the current volatile environment. This is understandable: In just a couple of weeks, the price of BTC dropped from 10,000 to less than $ 5,000.

However, this does not mean that you should stop trading. Here are three rules that you must adhere to if you want to continue your business career in the coming months.

1) Diversify your portfolio

Right now, Bitcoin and other cryptocurrencies are reflecting a strong downtrend in the stock market. Institutional traders have started a sell off that now see BTC as a risky asset. This is probably temporary because the cryptocurrency does not have a strong correlation with traditional assets.

For now, it is safer to include both cryptocurrencies and stocks in your portfolio. Try to combine growth stocks and more stable assets. In cryptocurrencies, the combination of BTC and stablecoins is a good bet. Binomo offers 39 different assets, so you will have many options to choose from.

2) Combine demo and real money trading

At Binomo, you can sign up for a demo account with $ 1000 of virtual money for free. When you trade in demo mode, everything is exactly as if you were using real money. Our demo system is like a sandbox that fully reflects the market so your results remain the same.

The currency crisis is a great opportunity to test new strategies in a demonstration. It is free and without any risk. Get in the habit of logging into Binomo and doing an hour of demo trading every day and you will be a much better trader when the crisis is over.

3) Protect your investment

If you store a large amount of funds on an exchange, brokerage account, or trading platform, it is best to check how safe your money is. Many smaller exchanges are likely to close in the coming months due to bankruptcy or fraud, leaving only bigger players like Binomo. Therefore, if your cryptocurrency is stored on a secondary platform, you should consider moving it.

The International Finance Commission classifies Binomo as a category “A”, which means that it is very safe. The commission protects the investments of Binomo clients through a special compensation fund. The maximum coverage is 20,000 euros.