The first stage of trading: not knowing that trading is a professional and difficult thing.
This is the first stage of your involvement in trading. You entered because you heard others say that trading coins/stocks can make big money. I believe many of you also entered the crypto space for this reason, inspired by the examples of others becoming wealthy.
Perhaps when you first entered this market, it was a bull market, or you had good luck and found trading to be surprisingly easy and profitable. You made money by frequently buying and selling.
Once a bear market arrives, or if you start having bad luck and incur losses, you might try to double down and leverage your trades. Sometimes you might win back some money, but more often, you find that your losses increase, or others tell you to just hold on, invest for value, and accumulate, only to finally realize that your principal has shrunk to one-tenth of what it was.
If you like contracts, enjoy studying charts, and researching techniques, click on my avatar. I have years of experience and skills in the crypto space that I share for free. I'm here in the community waiting for you, always online. Welcome to discuss and improve together.