The market has no easy profits
The first money I entered with, I bought a coin called doge, and this is a meme coin. I currently do not recommend investing in this type of coin at all. At that time, its price skyrocketed for two days, and I thought it was at 0.4 and then it became 0.48 in two days and would reach a dollar. This was supported by Elon Musk and strong people… I thought I became a great trader after a week… the price dropped by half and I understood that there is no such thing as guaranteed profits, and if the market rises quickly… it can drop faster.
Spot trading is the safest way
Here you are actually buying the currency… in your wallet… if the market drops, you can wait for it. There is no leverage, no loans, no usury… your capital is with you. If you are a beginner, build your account on spot trading… this is what will protect your money.
Greed is your number one enemy
Once a friend saw a coin skyrocketing by 70% or more in one day, the TRUMP coin, and he entered late thinking it would keep rising. But it dropped dramatically afterward and he lost a large part of the trade.
The market rewards those who have patience… and laughs at the greedy.
Work with your mind, not with your emotions
Stick to your plan… not what people say
Learn and don’t rush
Every day I learn something new… technical analysis… risk management… how to balance between currencies.
You are not required to be an expert from the first month… the market is there, take your time.
✅ Work on the spot… especially if you are still at the beginning of your journey.
✅ Stay away from margin and futures contracts… these involve usury and their risk is crazy.