š„Advice for Traders with Portfolios Under $1000š„
In my opinion, long-term holding alone isnāt the key to successāwhether you're a beginner or experienced.
For Beginners:
You wonāt truly learn without actively trading on smaller time frames like 1H, 4H, 1D, or even lower. Both profits and losses are part of the learning process. Be smart with your strategyāchoose indicators that suit your style and fine-tune them for better results.
Start by risking only a small portion of your capital (1%) and use low leverage to gain experience safely. Always remember: your goal is not to loseāitās to learn, grow, and take consistent profits.
Avoid blindly following othersā signals. Always analyze yourself and consider the broader market trend. Some signal providers may manipulate or mislead just to benefit from your losses.
For Experienced Traders:
Donāt let hype or greed cloud your judgment. Control your emotionsāmarkets donāt move straight up. Expect sideways action and delays. Often, your analysis is correct, but the timing may not align.
Avoid closing trades too early out of fear; sometimes, the price moves more in your favor after temporary dips. Always use stop-losses and focus on coins that show real market strength and interest.
This is just my perspectiveāuse it as information, not financial advice. Always DYOR (Do Your Own Research) before trading.
