#CryptoCharts101

#TradingMistakes101

The market has no easy profits

The first money I invested was in Dogecoin, which is a meme coin, and I currently do not recommend investing in this type of coin at all. Back then, its price shot up to 0.4 and then to 0.48 in two days, and I thought it would reach a dollar. It is 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 fall even faster.

Spot trading is the safest way

Here you are actually buying the currency… in your wallet… If the market drops, you can wait it out. No leverage, no loans, no interest… Your capital is with you. If you are a beginner, build your account on spot trading… this will protect your money.

Greed is your number one enemy

Once a friend saw a coin that soared 70% or more in a 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 deal.

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 do not rush

Every day, you 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 spot trading… especially if you are still at the beginning of your journey.

✅ Stay away from margin and futures contracts… they have elements of interest and their risks are crazy. $BTC