I am one of those who entered the crypto world with great enthusiasm, and a bit too much ambition!
I was watching a video on YouTube explaining a strategy that looked simple and very profitable.
The YouTuber was making big numbers, and everything in the video was going smoothly, so I said:
“This is it! I've found it! The strategy that will change my life!”
I didn’t think much, I opened my account, loaded about 300 dollars, and started executing the plan to the letter.
I didn't ask myself:
•Do I even understand technical analysis?
•So where is the stop loss?
•Is this strategy suitable for the whole market?
•Does what works for someone else simply work for me too?
Unfortunately, no.
I applied it as if it were a magic recipe... and I was very optimistic, to the extent that I told myself:
“I'm on the first step to a million!”
But what happened was completely different...
💸 The result?
I lost a large part of the amount, and every day the trade grows... and the loss grows with it.
Until I found myself leaving with a big loss, and I didn’t even understand how that happened!
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😓 What did I learn?
1️⃣ There is no magic recipe for profit
The strategy you see in a video doesn't necessarily work for you... the market doesn't always help.
2️⃣ Education before experience
You must learn technical and fundamental analysis. At least understand what you're doing and why.
3️⃣ The market is not a game
It's an opportunity, but it needs awareness, capital management, and patience... It's not just a video and that's it.
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🎯 If I could go back in time:
I was supposed to start by learning the basics, try on a demo account, and understand the market step by step.
Not everything that shines is gold... and not every video on YouTube can be a financial plan!
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💬 Share your experiences with me!
Has anything like this happened to you?
Tell me, what’s the biggest lesson you learned from your first loss? 👇👇
