keep spirit on fire

Sharing my experience so you don’t make the same mistakes. Here are 10 key lessons I learned after losing $50K in crypto trading:

🔹 1. Stay Alert & Focused 👀

Always keep your eyes on the market. One careless move can cost you big time.

🔹 2. Manage Your Funds Wisely 💰

Don’t go all-in on a single trade—diversify and manage your risk.

🔹 3. Use Leverage Cautiously ⚠️

High leverage = high risk. Stick to low-margin trades to avoid liquidation.

🔹 4. Know When to DCA 📉

If a trade goes wrong, consider Dollar-Cost Averaging (DCA) instead of panic-selling.

🔹 5. Always Set a Stop-Loss 🚨

Protect your capital—never trade without a stop-loss to minimize potential damage.

🔹 6. Pick Fundamentally Strong Coins 🔍

Don’t chase random tokens—focus on projects with strong fundamentals & real use cases.

🔹 7. Learn to Read Candlestick Patterns 📊

Technical analysis matters—understanding charts & patterns can give you a major edge.

🔹 8. Trade With the Trend 📈

“The trend is your friend.” Going against the market momentum is often a losing strategy.

🔹 9. Avoid FOMO (Fear of Missing Out) ❌

Jumping into hype-driven trades leads to bad decisions & heavy losses. Stay disciplined.

🔹 10. Know That Most Traders Lose 💡

95% of people lose money in crypto trading. The key to success? Patience, learning, and smart risk management.

💭 Final Thoughts:

I made mistakes, but I learned, adapted, and recovered. If you’re struggling, don’t lose hope—keep learning and improving! 🚀