James henry
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Bullish
💎 From $50K to $50M in Crypto: Lessons from 10 Years
Ten years ago, I entered crypto with $50,000. Today, that’s grown into $50 million. Trading is simple—but simple ≠ easy. Bad habits can eat away profits. Here are the principles that shaped my success.
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🚫 Three Things You Should Never Do in Trading
1️⃣ Never chase rising prices – Be greedy when others are fearful, fearful when others are greedy. Buy dips, not hype.
2️⃣ Never use leverage – It magnifies risk and destroys accounts faster than it builds wealth.
3️⃣ Never go all-in – Fully invested = vulnerable. Opportunity cost matters; the market always offers chances.
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✅ Six Key Rules for Short-Term Trading
1️⃣ Wait for clarity – Trends follow stabilization: new highs after stable highs, new lows after stable lows.
2️⃣ Avoid sideways markets – Impatience during consolidation causes most losses. Sit out when the market chops.
3️⃣ Trade against the candle – Buy on bearish candles, sell on bullish ones.
4️⃣ Watch momentum – Sharp drops often signal sharp rebounds; slow declines mean slow rebounds.
5️⃣ Pyramid buying – Build positions gradually. This is the golden rule of value investing.
6️⃣ Respect consolidation – After declines, coins that rise usually go sideways. Don’t chase tops or bottoms—act decisively when trends shift.
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Trading isn’t about catching every move. It’s about protecting capital, acting with discipline, and letting opportunities come to you.
#ElonMusk65908
Follow for more insights 🚀
Ten years ago, I entered crypto with $50,000. Today, that’s grown into $50 million. Trading is simple—but simple ≠ easy. Bad habits can eat away profits. Here are the principles that shaped my success.
---
🚫 Three Things You Should Never Do in Trading
1️⃣ Never chase rising prices – Be greedy when others are fearful, fearful when others are greedy. Buy dips, not hype.
2️⃣ Never use leverage – It magnifies risk and destroys accounts faster than it builds wealth.
3️⃣ Never go all-in – Fully invested = vulnerable. Opportunity cost matters; the market always offers chances.
---
✅ Six Key Rules for Short-Term Trading
1️⃣ Wait for clarity – Trends follow stabilization: new highs after stable highs, new lows after stable lows.
2️⃣ Avoid sideways markets – Impatience during consolidation causes most losses. Sit out when the market chops.
3️⃣ Trade against the candle – Buy on bearish candles, sell on bullish ones.
4️⃣ Watch momentum – Sharp drops often signal sharp rebounds; slow declines mean slow rebounds.
5️⃣ Pyramid buying – Build positions gradually. This is the golden rule of value investing.
6️⃣ Respect consolidation – After declines, coins that rise usually go sideways. Don’t chase tops or bottoms—act decisively when trends shift.
---
Trading isn’t about catching every move. It’s about protecting capital, acting with discipline, and letting opportunities come to you.
#ElonMusk65908
Follow for more insights 🚀
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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