$BTC

Personal Trading Journey: Lessons from Losing $2,000 in Bitcoin

Over the past three years, I lost around $2,000 in BTC due to my own mistakes. Here’s an honest reflection on where I went wrong:

Emotional trading dominated 90% of my decisions, leading to major losses.

No proper market analysis — I would just glance at the charts for 5 to 15 minutes and rush into trades.

Over-reliance on mobile charts, believing I could trade like a pro without real setups or tools.

Greed after initial profits — winning one trade pushed me to enter another without a plan, leading to emotional decisions.

Revenge trading — after a loss, I would immediately jump back in to recover, which only made things worse.

Setting Stop Loss (SL) but not respecting it — I kept adjusting my SL whenever price moved closer to it, hoping for a miracle.

Emotional distress — sleepless nights, health issues, anger towards family and friends — all from bad trading habits.

Trading across spot, futures, options, bots — trying everything without mastering even one area.

Overusing high leverage — feeling happy during small profits but devastated on losses, mainly due to poor risk management.

Biggest realization:

Without knowledge = Loss

With knowledge = Profit

Now, I truly understand: start small, learn the game, focus on risk management, and respect your stop-loss.

I’m sharing this as part of my journey with Binance Square’s Write to Earn program, where I aim to help others learn from my experiences and grow alongside the crypto community. Let’s get better together!

CryptoMarketCapBackTo$3T#EthereumFuture #BinanceHODLerSIGN #TariffPause #EthereumFuture #xrpetf