🔁 How I got back up after losing money in crypto thanks to the Island Pattern
Losing money in the crypto world left me battered, both financially and emotionally. I felt like I had hit rock bottom, but I didn't want to give up. I started researching, studying on my own, and that's when I learned about the famous Island Pattern, a technical analysis strategy that helped me recover my losses little by little.
💡 What is the Island Pattern? It is a pattern that shows a strong drop, then a moment of pause (as if the price is 'stuck'), and then, if all goes well, the upward momentum comes! Basically:
1. Look for a clear drop on the chart.
2. Set a stop loss below to protect yourself.
3. Wait for the breakout upwards and then enter.
4. Close when the price skyrockets.
🔎 I first tested it on a demo account, without risking my real money. And yes, it worked. Little by little, and being super disciplined, I started seeing results. I began with small amounts (nothing exaggerated), and in a few months, I had already recovered what I lost and even made some profit.
📌 What did I learn from this?
That in this world, you need to have patience and a cool head.
That without good risk management, the market will eat you alive.
That discipline is worth more than any fancy indicator.
It's not magic or a magic formula, but if you study it, practice it well, and don't get desperate, the Island Pattern can be a tool that helps you recover and move forward.
⚠️ Remember: trading has its risks. Don't put all your money there and seek advice if you can. But don’t get discouraged; there is always a way to get back up.
