The fastest way to lose in crypto? Trading without a plan!
90% of new traders lose in the first 6 months… not because the market is against them, but because they trade with emotion, not with logic.
If you do any of the following, you are gambling, not trading:
• Entering a trade because "the coin exploded."
• Exiting with a small loss out of fear of a bigger loss… then coming back and buying at a higher price!
• Changing your plan with every trade.
The difference between a professional and a beginner?
The professional enters the market with an exit plan even before hitting the buy button.
Golden advice:
Write your rules before you start:
• When do you enter?
• When do you exit?
• How much loss can you tolerate?
• What is your profit target?
Remember: The market is unforgiving, but it rewards the disciplined