Hello! I'm new here and I'm looking to create connections so I can share a little bit of my journey in this universe. I'm a beginner, so if you're experienced and want to help me grow, your opinion is welcome! If you're just starting out, like me, and want to have a safe and respectful place to ask questions, this is also the place for you!
I hope you like it!
Oh oh oh 😮💨😶🌫️
Another day of falls for some, profits for others, but what about you? 🫵🏽
Have you ever seen your portfolio redder than your grandma's tomato sauce? 📉🔴
If the answer is yes, then come with me, let's chat. COME WITH ME!
First of all, this is not financial advice, I am new to this market, I have been following the scenario for 4 years, but I only started investing my money in JANUARY. So,
do your own research!
Every time I wake up and see my portfolio bleeding, I remember February 3rd of that month. I’ve seen many of the dips, reversals, sentiments, memes, and tweets over the past 4 years, but that Sunday I had just made my first crypto deposit.
If you've been in this business for a while, you must be laughing at me right now, because you know that even though I've witnessed grotesque mistakes, I still made a basic mistake: I bought at the peak of January, believing that that was the moment I had been dreaming of 🥹😂😂😂
I'm here sharing this memory and this mistake with you because I would like to remind you that, despite this, I believe in the projects I invest in.
Even though I made mistakes, I still did what I needed to do so as not to end up losing everything I saved in these 4 years:
I didn't use all the money I had to make my first investment. I bought at the top, but I bought a little and waited for things to move. When you do the DCA (Dollar Cost Average) everything becomes much easier, because you know that you have STABLE COINS to buy your tokens and heart coins ❤️ when everything goes down ⏬
Another important part is KNOWING WHAT YOU'RE INVESTING IN! Memecoins are fun and can make you a lot of money if you bet right, but look at the statistics! Only a small portion of people become millionaires with this, and man, believe me, if you've never been through a RUG PULL in your life, don't want to. Seriously, few people get rich with projects without a foundation, and you'll probably only be one of those people if you make your own successful scam (which turns you into a scoundrel). If you're someone thinking about CHANGING YOUR LIFE, put most of your capital in stable, solid projects, with market value, practical uses, interactions with protocols, STUDY DEFI, don't be lazy about STUDYING! This will save you later, and you don't even need to thank me, because I also learned from other people. Which brings us to the next topic.
DON'T BELIEVE IN SCOUNDRELS! Most of the "insiders" out there are just salesmen. It doesn't mean that all of them are scoundrels, but some are and are even proud of it. Research through solid channels. Here at Binance you have a lot of free information to learn about MANY coins and tokens out there, for example. Just go to #BinanceAcademy and voilà, chewed-up content for you to do your own research #DYOR . In addition, here at #BinanceSquare you can find people who, like me, want to talk and learn from real people, because the crypto universe is also SOCIAL!
CAUTION IS DIFFERENT FROM FEAR! Just because you lost some money doesn't mean you're broke, if you've already done what I mentioned in topic 1. You can still learn from your mistake and get back on your feet, so stay calm. Don't isolate yourself from your social circles, don't think that everyone is a jerk who just wants your money. Sometimes experienced people also make mistakes, so it's important to remember that if you need FINANCIAL ADVICE, it's best to seek the help of a professional and invest part of your capital in the security of your assets #SafetyFirst
Finally, friends, I hope my words can bring some reflection and positive things for this day. Have a great week everyone!