đ¸ How I Lost All My Money Trading Crypto đ¸
Crypto trading can be incredibly rewarding â but it can also drain your entire portfolio if youâre not cautious. Hereâs exactly where I went wrong:
1ď¸âŁ Lack of Knowledge
I jumped into futures trading without truly understanding technical analysis, market trends, or order book mechanics.
2ď¸âŁ No Clear Strategy
Instead of sticking to a proven strategy, I chased hype, followed random social media signals, and relied on gut feelings â a dangerous mix.
3ď¸âŁ Market Manipulation
Whales and big players easily manipulate price action with fake pumps and dumps, triggering liquidations before reversing the trend.
4ď¸âŁ Overtrading
I was constantly entering trades, chasing quick profits. This only fueled emotional decisions and bigger losses.
đĄ What I Learned:
⢠Patience and a solid plan are non-negotiable.
⢠Risk management is critical.
⢠Emotions have no place in trading.
đ Have you ever taken a big hit trading crypto? Drop your story below!