To be a trader, it is not enough to study all the strategies in the world. Having a calm and Zen mind is just as important as having good control over emotions. Watching your capital slowly disappear and remaining without wanting to stop trading is highly recommended in this field. One must have total trust and certainty that the market will eventually rise and that your strategy will bear fruit sooner or later. I have invested in several cryptos: #PEPE , #XRP and other newly issued ones in the market (I followed the saying that goes: "don't put all your eggs in one basket" in other words "don't invest everything in crypto") and the market keeps falling. I closely followed the course of $XRP and calculated the right moment to buy. Unfortunately, $XRP keeps falling. Surely the market will bounce back sooner or later, and I am not in a hurry to sell. And you, how have you chosen to buy or sell your cryptos ?? Does the Iran-Israel conflict have an influence on the crypto market? And how?? #IsraelIranConflict #ScalpingStrategy
It hasn't been long since I embarked on this adventure, but one thing is more than certain: newcomers have little to teach us, and the old-timers don't have the time to teach anyone. The oldest, the sharpest, commonly referred to as the survivors, no longer have the strength to teach others what they have accumulated during their "curriculum" / journey. So, to venture into this field, prepare yourself not only to lose your money but also for unprecedented adrenaline rushes. This will happen even if you take all precautions.
"Don't put all your eggs in one basket" I have long heard the elders say this without fully understanding the true meaning. In trading, it means do not invest all your savings in the same cryptocurrency. Given that the market is unstable and unpredictable, you risk losing part or all of your cryptocurrency. I also asked you to invest only the amount you can afford to lose. #HUMA
It must be said that the world of trading is completely unpredictable. I invested 10$ by buying #HUMA hoping to scrape a few cents of profit (given that I am new to this field) but the opposite happened: I lost more than 50% of my amount. Seeing this, I start to panic. And since I can do nothing, neither sell nor buy, I remain passive to monitor. And without losing patience, I notice the gentle rise of the arrow. I try to understand what is happening and I realize two things: 1- Before buying any currency, you must wait for the market to drop. 2- If by misfortune you buy and the market continues to drop, do not panic. The market will not stop bouncing back. In conclusion, trading is based on the study of the market where feelings do not belong. You are facing a machine. #MarketRebound #HUMA
#HUMA lost 😭 50% of my money. the lesson I've learnt is "never put your eggs in the same bag". As I'm new in trading, I thought it's better to seek for a new crypto money and invest. I started with buying 10$ all in HUMA. then it can't stop going down.