Beware of intraday and daily trading ⚠️💹, as I do not recognize short-term goals for several reasons, the most notable of which are:
1. **Very Short Goal**: Its profit is extremely low 💰.
2. **Lack of Clear Analysis**: Most short-term goals are not based on any reliable analysis, as the longer the time frame in the analysis, the higher the likelihood of its occurrence 📉🔍.
A short-term trader (one day or two at most) is like someone who plants a fruit tree 🌳, and when its trunk sprouts, they cut it down looking for someone to buy it! 🪓
3. **Speculation and Risks**: Intraday trading is akin to speculation 🤔, as the market is very volatile and not like the stock market or other financial markets. You might enter with half your money 💸 based on short-term analysis, and then a news or rumor comes in an instant that destroys everything you have 🚨, causing you to panic and sell at a loss, repeating the cycle over and over until you realize you have lost most of your money.
What’s the solution?
Do not follow others, be smart 💡 and set your goals over a week or more 📅.
Monitor the market closely and set alerts for declines and increases.
Set weekly and monthly goals based on your analysis of the coin's history and its current, past, and expected situation.
If you agree with me, give a thumbs up 👍.
Follow me for more! 📲
Stay well 🌟.
