Peace be upon you and God's mercy and blessings. 🙏
First, let me share my experience, and my words are especially for new people in trading and cryptocurrencies. 💰
I used to think that when I buy a currency at a certain price and when the price rises, I sell it and thus I would have gained. 💱💱💲 This is correct.
I was excited about the currencies that were recently listed, and I found that at first there was a very long green candle indicating that from the moment the price reaches double in a minute or less. If you go to the one-minute frame and go back to the first candle, you will notice it. Enter the currency pair NIL/USDT that they listed, and you will notice it. In any currency pair, especially the new ones, enter and you will see.
At first, I didn't know that the first green candle existed at all. I thought that as soon as trading opens, it would be there. I thought, as shown in the picture, that the lowest price was $0.4. I thought that when the trading market opened for this currency, the price would be at $0.04 and then rise to double or more, and this almost made me lose. So today, I loaded a reasonable amount on Binance and waited for the currency in one minute to double the amount and earn and withdraw my profits and that's it. 😅😅 If anyone wants to laugh, that's fine. 😅😅😅😅
The important thing, my friends, is that when the market opened, the speculation was intense, and the profit and loss were something incredible. I gained a bit, honestly, but due to the intensity of the market fluctuations, I ended up with a loss that didn't harm me, honestly.
But everyone, whether you are new and don't understand, pay very close attention to this point and pay attention to several other points. Trading, my friends, and cryptocurrencies, do you understand? If you don't, leave with dignity. By God, my friends, anyone who has a guide or doesn't understand or is not knowledgeable should at least learn before entering. Despite the fact that I have read and, according to my knowledge, I have learned, and so on in the end... Honestly, anyone who wants to enter this field should be aware of the risks. I used to read the phrase 'you must be aware of the risks' but I didn't understand it, and today I understood it. I share my experience to benefit people and be aware of the risks, my friends. Thank you, and may God accept everyone's fasting. ♥️♥️