$BTC
#TradingMistakes101
The market has no easy profits
The first money I made was by buying a coin that was Doge, and this is a meme coin, and I currently do not recommend investing in this type of coin at all. At that time, its price soared for two days, and I thought I was a great trader after a week… the price dropped by half, and I realized that there is no such thing as guaranteed profits, and if the market goes up quickly… it can drop faster.
Spot trading is the safest way
Here you actually buy the coin… in your wallet… if the market drops, you can wait on it. There’s no leverage, no loans, no interest… your capital is with you. If you are a beginner, build your account on spot trading... this will help you keep your money.
Greed is your number one enemy
Once a friend saw a coin soaring 70% or more in one day, the TRUMP coin, and entered it late, thinking it would continue to rise. But it dropped dramatically afterward, and he lost a significant 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 on what people say
Learn