LOL, in trading, you learn lessons but forget them the next day. By default, you break your own rules and end up learning new mistakes again because the market always plays new.
Crypto Hoem
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How I Lost $50,000 – And Why I Didn’t Give Up 💸
Hey everyone, I’ve been through a tough trading journey, and I want to share my experience so you can learn from my mistakes and avoid them.
Here’s what I learned:
🔹 Stay Focused 👀 – Trading requires full attention. Distractions can cost you!
🔹 Manage Your Capital Wisely 💰 – Never risk more than you can afford to lose.
🔹 Leverage: Use It Wisely ⚖️ – It’s a double-edged sword. Stick to low-margin trades to avoid liquidation.
🔹 Use Dollar-Cost Averaging (DCA) 📉➡️📈 – If a trade moves against you, averaging down can help reduce your entry price.
🔹 Set Stop-Losses ⛔ – This is your safety net. Accept small losses to protect your capital.
🔹 Invest in Strong Coins 💎 – Don’t chase hype. Focus on projects with real potential.