My dear - dear Friends, probably one of the biggest reasons, newbies come to the crypto market is quick and easy profits.
Indeed, the Internet are full of different advertisements, that making money can be easy and effortless on the Crypto market, but that's not true.
Now I'm ashamed to admit, but ones, I came here for the same reason.๐คฆ๐ปโโ๏ธ And like many newbies, I made many mistakes.
Any person, who wants walking trader's journey has initially two roads - (on the picture I marked them as "correct" and "wrong"). That's my subjective vision, which I demonstrate you after passing the difficult path of my own.
WRONG WAY:
โฝ Waiting for quick money. โฝ Changing the trading system after each loss. โฝ Using different approaches without understanding them. โฝ Looking for a trading guru, who promises a big income in the shortest time.
CORRECT WAY:
โฝ Realize that's ok to loss money, but need try to control risks and analyze our own mistakes. โฝ Desire to develop Yourself . Create your own trading system and improve it. โฝ Carefully study the main approaches, analyze what works best for you. โฝ Find someone, who will point out Your mistakes, can help with advice, but wouldn't do all work for you.
Having gone the wrong way, I decided to go back and start from the very beginning. And I'm not going to stop!Only forward!
I really hope my post helps newbies. It's impossible to avoid all mistakes, everyone has their own path. But how comfort it will be, that's all depends on you!
But we Ukrainians say: "Forewarned is forearmed!"
I wish You patience, strength, perseverance and a huge desire to conquer the market, because every minute it is filled with different opportunities. But without knowledge it will be very difficult to "catch" these opportunities!
Stay safe and optimistic๐๐ป
I try to be useful to You๐งก Always sincerely with You๐ Your Rocket Bomb๐๐ฃ
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.