A month in the crypto world, hoping for guidance from the experts.
On March 1st, I entered with 25,000 USD, and now only have 12,000 USD left, with almost 5,000 USD in transaction fees (trading too frequently). I realize the following mistakes I made:
1. Holding onto losses stubbornly, forgot to set stop-loss, lost 400% in 15 minutes (altcoin 714)
2. Unable to hold after buying at the bottom, I made several precise entries but was afraid to let the profits fly, ended up taking small profits. Including the new altcoin from the day before yesterday, I bought it just one minute after it opened, made 100 USD and sold it, only for it to later rise over 200%.
After more than a month, I decided not to touch altcoins anymore; I can't handle it mentally.
