📈 How Trading Works (for the confused but curious besties) 💅💸
Ever wonder how people make money trading crypto? Or why they stare at charts like it’s a K-drama finale? 😭
Here’s a quick lil guide to how trading actually works:
✨ 1. Buy Low, Sell High
That’s literally the whole point.
You buy a coin when it’s cheap → wait → sell it when the price goes up = profit 💰
Example: Bought $BTC at $60k, sold at $65k = you just made money, babe!
✨ 2. Or… Sell High, Buy Low (aka Shorting)
Feeling spicy? You can also make money when prices fall.
You “borrow” a coin → sell it → then buy it back cheaper.
Example: Sold $ETH at $3k → bought back at $2.7k → that $300 drop = your gain 💅
✨ 3. Timeframes Matter
Scalpers: In & out in minutes
Day traders: Enter + exit on the same day
Swing traders: Hold for days or weeks
HODLers: Holding since birth probably 😭
✨ 4. It’s All About Strategy
Good traders don’t gamble. They use:
Technical analysis 📊 (reading charts)
Risk management 🛡️ (don’t go all in, girl!)
Psychology 🧠 (don’t panic-sell at the bottom)
✨ 5. Trading is Risky AF
It’s not all glam and Lambos. You can lose $$$ fast if you don’t know what you’re doing.
So start small. Learn first. Practice. Stay calm. And always manage risk.
💬 Still confused? I gotchu — drop your questions below and let’s survive this chart jungle together 😭📉
