I had a memory of people when I just started in this world of cryptocurrencies back in 2019. I remember I lost everything just by holding on, haha. I had $200, which was a lot of money back then, and I lost it all. You know why?
1. When I saw the market going down, I would sell it and convert it to USDT out of fear. Then I would see it going back up and buy it again at a high price. When a price correction came, much lower, I would sell it again. Then, watching it, I would see it recover its price, and I wanted to kill myself, haha. And so it went on. I had withdrawn with $60, a mortal loss for me at that time.
2. I followed the advice of any idiot on YouTube, haha. That is also wrong. Nobody, absolutely nobody knows how the market will move. People need to do it themselves, watch, and follow all the movements of cryptocurrencies, not all of them. For example, I learned that the most important ones are $BTC $BNB $ETH ; those are good investments. This year I started again after tracking everything for 2 years.
3. Don't expect to make money so quickly. It's not like that; it's like having your hour and waiting for luck because that's how you double or triple it. But for that, you need to wait and hold on for about 2 to 3 years. This is how it is; nothing is easy. That's why I wish everyone prosperity this year, and if you are new, don't risk what you don't want to lose, please. When you lose your money, things start to get ugly. You can't sleep; you think about everything and wonder why you didn't do the other thing, but by then, it'll be too late.