🔥 1. Don’t Follow the Name, Study the Fundamentals
Where support/resistance levels are,
At what points traders are most active —
Then you’re simply following others blindly.
📘 Spend at least 10 minutes a day learning: Technical Analysis (TA), Fundamental Analysis (FA), and trading psychology.
🧘♂️ 3. If You Lack Patience, Crypto Isn’t for You
Let’s say you bought SUI/USDT, but the price dropped —
You panic and sell everything!
That behavior leads to losses.
🎯 You must learn to invest in good projects and hold with patience. Panic selling kills your profit potential.
⚠️ 4. Risk Management = A Successful Trader’s Shield
If you put 50–80% of your capital into a single trade, one mistake could wipe you out.
📌 Rules:
Risk only 1–5% per trade
Diversify your investments, don’t go all-in on one position
Always use a stop-loss
🧩 5. Ditch the FOMO and the “Get Rich Quick” Mentality
If SUI goes up 20% in a day, that doesn’t mean you must jump in now.
Most of the time, chasing late leads to losses.
⛔ FOMO = Poor decision-making.
✅ Instead, make a plan: when to enter, when to exit.
📊 6. Don’t Just Think in Dollars – Think in “Risk to Reward”
Before entering a trade, ask yourself:
👉 How much am I risking, and what’s the potential gain?
If you're risking $1 to potentially gain $1.5 or $2 — that’s a trade worth taking.
🎯 In Summary (Takeaway):
AspectAdviceKnowledgeCommit to learning consistentlyPatienceLearn to hold and not panicRiskUse proper stop-loss & sizingEntryAvoid FOMO, plan your entriesProfitGrow steadily, not overnight