a year ago , i dive into crypto ... with head full of dreams 🤑... $BTC $SOL , and finally $XRP
after some lucky beginner wins 🤑 ... i paid the price because i was NOT READY ... not prepared to loose ! and i lost EVERYTHING 🥵
Looking back at my major mistake in a one year period
🚀1 - dive into it because it was "hype"
Trend is often a trap, and when you try to catch it, it is sometimes too late ! it catches you at the worst timing.
the first time i bought BTC was at the worst timing : a reversal after a bullish rally on 2024, and to add that : i went on margin trade OMG , seeing that the price is getting up very fast haha ! trapped like a fish
🤯 2 - not enough research and learning ! i mean , it's not easy to try to figure out where to start, especially when tips about money are not always "free" but ALWAYS Do Your Own Research
🤬 3 - Emotions are you worst enemy, it can consume you in a way that you will never ever think.
for me personally, it has made a worse person in some periods and i really didn't like it as it affected the family life .
ONLY trade what you are WILLING to LOOSE !
🙃The good news ? failures are good occasions to learn ! we all want to make money , at our own level !
A trade that you don't take is money you don't loose BUT .... BUT we all know that no risk = no gain !
i am still learning, and i loose more than i win , but i begin to understand "things" that i wish i had been taught before
thank for your reading time :)
