I have been at it for 2 weeks, I consider myself a beginner like many, I am still a novice, I make mistakes and I want to share with you my learning, my key points, and advice to grow and evolve in this world of cryptos as someone who is just starting. All of this is focused on #futuros , although these are tips that can be adapted to you.
I had profits, I had streaks, and I had huge losses, that led me to learn something very important:
"The market rewards patience and punishes greed." Don't let yourself be carried away by greed, that will only lead you to lose what you worked hard to obtain.
Then there is the counterpart; not letting yourself be carried away by despair, everyone loses sometimes, you just have to know when to say "that's enough for today", rest and continue tomorrow. "Tomorrow will be a day with new opportunities."
Another lesson I learned is that you should never go against the market trend. Don't enter too early; Analyze, plan, it is impossible to enter at the perfect moment of a peak. Look for support, look for signals, create your strategy but don't enter if the market doesn't confirm that your theory is correct. If it is in an uptrend, don't enter in the middle of that rise and especially not in a sell position.
As it is seen, I had profits, I became greedy, I wanted more and that led me to make bad decisions, lose what I had gained, despair to recover it and end up losing more. Control your emotions, set daily limits, profit limits, and loss limits. Consistency is what is most rewarded in this world. Don't give up or get discouraged if you lose; we all lose sometimes, it's necessary to learn and keep improving.
Many expect advice to make money now, generate thousands in a short time, and become rich overnight, but the reality is that this is impossible; I don't want to mislead you, I just want you not to give up, take it easy and be patient. Patience and consistency are what will make you a millionaire. Good luck, Traders.
