$PEPE
The biggest mistake I made in trading and learned from over 100 courses
My start in the crypto world was exciting, but unfortunatelyโฆ not smart.
I thought any rise = profit opportunity, and any drop = buying time.
I saw people talking about [currency name] everywhere, so I told myself: "Clearly, it's going to the moon!"
Without analysis, without thinking, I entered the tradeโฆ with almost all my capital!
And what happened?
I lost 62% in two days.
Imagine the shock...
I spent time blaming the market, blaming people, blaming luck.
But the truth?
The mistake was mine.
I stopped afterward and said: "Either I learn, or I quit"
I decided to learn, and here are the most important lessons that changed my trading approach:
$NEIRO
1. Don't enter just because the currency is trending
When a currency is trending, the big players have likely bought it a long time agoโฆ and they are now selling to you!
2. Enter with a plan, and a clear exit goal
Don't buy a currency without knowing when you will sell. Determine the profit percentage that satisfies you, and set the loss limit you can bear.
3. Risk management = more important than analysis
If I had allocated my capital properly, I would have only lost 5% instead of 62%. Proper management protects you even if your analysis is wrong.
4. Don't chase FOMO (Fear of Missing Out)
The market doesn't run away.
There are opportunities every week, and every day. Be patient, and let your decision be based on analysis, not emotions.
In summary?
Every trader must lose at the beginningโฆ but the real loss is not learning.
I lost, but I gained awareness and experience that changed my life
$ENA
#SaylorBTCPurchase