$VANA 's performance has been impressive lately. I've been keeping a close eye on it. After forming a higher low at 18.5, it consolidated between 18-20 before spiking. As it's a new coin, I expect it to rise again after consolidation. I have a position in Vana, but the funding fee is high, which is a concern. If you look at the chart, you'll see it's already started rising in the past 2 hours. Be cautious, as it might double or triple soon. use low leverage or consider spot trading
Last night, I decided to dip my toes into cryptocurrency trading. I had done a bit of research and felt confident enough to start small. I bought into a trending coin after seeing it spike, thinking it would keep climbing.
But I didn’t set a stop loss. Big mistake. Overnight, the market turned, and I watched my $200 investment drop to $120. Panic set in, and I sold out to cut my losses.
The next day? The coin rebounded. If I’d held my position or had a plan I wouldn’t have lost money.
Lesson learned: never trade without a strategy. The crypto market doesn’t forgive impulsive moves.