#TradingAnalysis101 How one trader became a millionaire by losing everything in the market
#TradingAnalysis101 When this trader first entered crypto, he was sure that trading was easy money. He bought low, sold high, and became rich. But the market quickly made it clear that it had other plans.
First lesson: A 'rocket' doesn't always go up
Starting with $1,000, he invested in a 'promising' coin. Let's call it PumpCoin. The price rose by 50% — a great sign! He didn't sell. Then the price dropped by 30% — he bought more. Then another 50% — he bought more again. A week later, his balance looked like this:
• Investments: $3,000
• Balance: $250
• Experience: priceless