#TradingMistakes101 Bnut increased by 350% over 7 days, rising from 0.14 to 0.48, then falling about 50% over 20 days, dropping from 0.48 to 0.24. Should we learn from this? Here’s something: Most of us, if our investment increases by 5%, rush to sell to quickly harvest the gains, and if it decreases, we hold onto it until our money evaporates. We have not yet learned the concept of patience, which is one of the most important principles of trading. Waiting during an increase is not greed, but rather caution until the trend becomes clear, so we don’t regret missing a big profit opportunity. Moreover, making a mistake can be even bigger; after reaching the peak, we rush to buy, hoping for a new rise, only to fall into a new low. After observing this particular currency for more than a year, I noticed that the optimal entry price is below 0.20 or even down to 0.13, but do not use leverage and rely solely on your funds. The optimal exit price is above 0.30, and if you want to sell, the entry price should be above 0.35 and the exit 0.18. You can achieve profits from this in five cycles annually. My prayer is for everyone's success.
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