#TradingMistakes101 Not every gain is a gain... and not every loss is a loss

I am like many of you… When I first entered the market, I felt a great optimism seeing people making incredible numbers and videos, articles, and tweets telling you to buy this coin now. It will make 1000% soon, honestly… at first, I believed and fell into this trap more than once😅

The market has no easy gains

The first money I entered with, I bought a coin called Doge, which is a meme coin, and I currently do not advise investing in this type of currency at all. Back then its price shot up for two days, and I thought, 'Wow, it's at 0.4, now it’s at 0.48, it’ll be at a dollar soon, it’s backed 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’s 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 actually buy the coin… in your wallet… if the market drops, you can just wait it out. 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 protect your money.

Greed is your first enemy

Once, a friend saw a coin soaring 70% or more in a day, the coin was TRUMP, and he entered it late, thinking it would continue to rise. But it dropped dramatically afterward, and he lost a big part of the trade.

The market rewards those who have patience… and mocks the greedy.

Work with your mind, not with your emotions

Stick to your plan… not to what people say

You can be an expert from the first month… the market