Did you know that 95% of new traders lose their money in the first month? Here’s the reason and how to avoid it!
Many people enter the crypto world with the goal of quick profits, but they ignore the most important rule: "Learn before you invest." The common mistake? Trading with leverage without a real understanding of the market. The solution?
Learn capital management
Start with demo trading
Follow market news and expert analyses
Don’t enter any trade without a clear plan (when to enter and when to exit)
Currency: Solana (SOL/USDT) Trend: Bullish on the 4-hour timeframe Entry Zone: $170 First Target: $176 Second Target: $182 Stop Loss: $163
Analysis: Solana broke a horizontal resistance at the level of $169 with high trading volume. The technical pattern indicates a continuation of positive momentum supported by the 50-day moving average, and the MACD indicator has given a positive crossover.
Advice: Make sure to set your stop loss automatically, and do not enter the trade if it does not align with your trading plan.
"The real profit in crypto is not in predictions… but in patience and discipline!"
Since entering the world of cryptocurrencies, I have learned that the market does not forgive the impatient. The biggest profits I have made were not from day trading, but from sticking to my plan and not getting swept away by the noise.
My advice to every beginner: Learn, invest your time before your money, and only enter a trade when you understand why you are entering it and when you will exit.
What is the most important lesson you have learned from your experience in the market?
Alert from wave of rise 🔥 Meme coin is experiencing large fluctuations and is currently under significant buying pressure from whales, which could cause it to explode