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