#TradingMistakes101 #TradingMistakes101 Not all profit is profit... and not every loss is a loss

I, like many of you... When I first entered the market, I felt a great optimism, saw people making fantastic sums, and videos, articles, and tweets told you: 'Buy this currency now. It will make 1000% soon.' Honestly... at first, I believed and fell into this trap more than once😅

There is no easy profit in the market

The first time I invested money, I bought Doge currency, and it's a meme currency. Currently, I would never recommend investing in such types of currencies. Back then, its price skyrocketed for two days, and I thought: 'This is 0.4, now 0.48.' Two days passed, and it would cost a dollar. It's backed by Elon Musk and cool people... I thought I became a cool trader in a week... the price dropped by half, and I realized that there is nothing called guaranteed profit, and if the market rises quickly... it can fall even faster.

Spot trading is the safest way

You are really here to buy currency... in your wallet... if the market falls, you can wait. No leverage, no loans, no interest... your capital is with you.