💸 The mistake that made me LOSE $500 on Binance (and how I would avoid it today)
I want to be completely honest with you 😓.
Some time ago, I made a mistake on Binance that cost me $500 in a few days.
👉 The mistake was getting carried away by emotion.
I saw an altcoin that was starting to rise sharply 🚀 and, without analyzing or having a plan, I put in more money than I should have. I thought: “this is my chance to make quick gains.”
💥 What was the result?
The price reversed within hours, and I ended up losing a large part of that investment. The worst part wasn’t the money, but realizing that I wasn’t following my strategy; I was following FOMO.
✅ What I learned:
1️⃣ Never invest more than you are willing to lose.
2️⃣ Enter with a plan: be clear about your take profit and your stop loss 🎯.
3️⃣ Don’t follow the crowd; analyze it yourself 📊.
4️⃣ Every loss brings a lesson: today I trade with more discipline and less anxiety.
⚡ Moral: in crypto, you can make a lot, but you can also lose quickly if you don’t control your emotions.
👉 And you, have you ever made a similar mistake on Binance? Share below 👇
