#TradingMistakes101

The performance of alternative currencies has disappointed everyone this cycle.

In all previous cycles, most currencies achieved at least 50 to 100 times returns, and it was easy for you to find a coin that gives you at least 50 times.

Now we are searching and diving deep into the months to catch a coin that gives us 5 to 10 times if you are lucky.

The reasons are many, with two main reasons being the most important.

1- The proliferation of the creation of worthless currencies and the dispersion of liquidity.

2- Fraud and greed from the teams of currencies and platforms, most notably Binance, which has destroyed alternative currencies.

And 99% of the currencies listed in the last three years were listed with a market cap and a very high market value, often reaching a billion dollars.

What is the solution?

The solution is to accept reality and deal with it, and not to be greedy for more than 5 to 10 times. You must start to secure yourself at a 300% rise for any currency with a stop-loss or by withdrawing your capital.

Secondly, do not overcrowd yourself with currencies and exhaust yourself in searching for a good coin, and do not disperse your liquidity across many currencies. Understand that the rise of currencies is a wave: hit and run.

And that the rise of currencies is not a continuous and sustainable rise, and it is not stable like Bitcoin.