#TradingMistakes101 Not all profit is profit... and not every loss is a loss

Like many of you... When I first came to the market, I felt a great optimism, saw people earning fantastic sums, and videos, articles, and tweets told you: 'Buy this currency now. It will make 1000% soon'. Honestly... at first I believed and fell into that trap more than once😅

There is no easy profit in the market

The first time I invested money, I bought Doge currency, which is a meme currency. Currently, I never recommend investing in such types of currency. Back then, its price soared for two days, and I thought: 'This is 0.4, now it's 0.48'. Two days passed, and it would be worth a dollar. It is supported by Elon Musk and cool people... I thought I became a cool trader in a week... the price fell by half, and I realized that there is nothing called guaranteed profit, and if the market rises quickly... it can fall even faster.

Spot trading is the safest way

You are really here to buy currency... in your wallet... if the market falls, you can wait. No leverage, no loans, no interest... your capital is with you.