A 12-year-old boy named Erik Finman invested $1,245 in Bitcoin when he was just 12 years old.
He made a deal with his parents that if he could make a million dollars by the time he was 18, he wouldn't have to go back to school. Well, his investment paid off big time!
By the time he was 18, his investment was worth over $2 million! He eventually became a millionaire and was even invited to give a TED Talk when he was just 15 years old.
Erik's story is an inspiring example of how taking risks and believing in oneself can lead to great success.
I still remember the day I first heard about cryptocurrency. I was skeptical at first, but curiosity got the better of me. Fast forward to today, and I'm hooked!
My crypto journey has been a wild ride of ups and downs, but I've learned so much along the way.
✔️Lesson #1: Never invest more than you can afford to lose.
✔️Lesson #2: Do your own research and don't follow the crowd.
✔️# 3 Lesson: Patience is a virtue in the crypto space.
What about you guys?
- What lessons have you learned on your crypto journey so far?
I've tried countless trading strategies over the years, but one stands out as my all-time favorite. It's a simple yet powerful approach that has consistently delivered results.
It starts with identifying a strong trend, then waiting for a pullback to buy or sell.
I use a combination of technical indicators to confirm the trend and timing.....
This strategy has helped me navigate various market conditions, from bullish rallies to bearish downturns.
It's allowed me to stay focused, avoid impulsive decisions, and build a profitable portfolio.
One notable trade that comes to mind was when I bought into a hot IPO. The stock had been soaring, but I waited for a dip to enter.
My patience paid off, and I rode the trend to a significant profit.
Of course, no strategy is foolproof, and I've had my share of losses.
But this approach has been a game-changer for me, and I continue to refine and adapt it to stay ahead in the markets.
If you're a trader, I encourage you to explore and find your own favorite strategy.
With discipline and persistence, you can achieve success in the markets.
HOW I BALANCE TRADING WITH MY PERSONAL LIFE _____❓👀👇
I used to be consumed by trading. I spent every waking moment thinking about the markets, analyzing charts, and stressing about my trades. I neglected my health, my relationships, and my happiness.
But one day, I realized that there was more to life than just trading. I wanted to enjoy the fruits of my labor, not just accumulate wealth.
So, I started small. I took a walk outside during market hours. I read a book or watched a movie without thinking about trading. I cooked a meal or practiced yoga.
It wasn't easy. My mind wandered back to the markets, and I felt guilty for not trading. But, slowly, I started to feel like myself again. I started to enjoy the little things, like a beautiful sunset or a good cup of coffee.
Now, I still trade, but I'm not a slave to the markets. I prioritize my well-being, my growth, and my happiness. I'm learning to find balance and live a life beyond trading!
I still remember the day like it was yesterday. I had been on a hot streak, making profitable trade after profitable trade. I felt invincible, like I could do no wrong.
But then, it happened. I made a trade that went horribly wrong. I invested too much, leveraged too high, and got caught in a market downturn.
I watched in horror as my profits vanished, and my losses mounted. I tried to salvage the situation, but it only got worse.
In the end, I lost a significant amount of money, and my confidence was shattered.
Looking back, I realize what went wrong. I got complacent, arrogant, and reckless. I forgot the fundamentals of trading and let my emotions take over.
But, I learned a valuable lesson that day. I learned that trading is a marathon, not a sprint. I learned to respect the markets, to manage my risk, and to stay humble.
If you're a trader, you'll have your own worst trading day at some point. But, don't let it define you. Learn from your mistakes, pick yourself up, and keep moving forward.
To make $100 per day from crypto trading on Binance, start by researching different cryptocurrencies, setting realistic goals, using stop-loss orders, diversifying your portfolio, staying informed, practicing risk management, utilizing trading tools, and considering short-term trading.
Remember, trading involves risks, so proceed with caution and a well-thought-out strategy.
3 Cryptos to Sell in June Before They Crash & Burn‼️⛔
The crypto market is gearing up for another bull run, but some cryptocurrencies are likely to underperform. Here are three cryptos to sell in June to avoid potential losses:
1. Avalanche (AVAX-USD)
Avalanche is a layer one blockchain that failed to replace Ethereum as the industry's number one smart contract platform. Despite its potential, Avalanche has fallen by over 30% in the last month and is on a downward spiral.
1. Axie Infinity (AXS-USD)
Axie Infinity is a blockchain-powered gaming platform that has failed to deliver on its promise. It has emerged as one of the poorest performers in the crypto industry, with analysts predicting a potential drop of 96% by the end of the year.
1. Filecoin (FIL-USD)
Filecoin is a decentralized storage system that has performed poorly in the market this year. It has fallen by over 21% in the last month, and its trading volume and circulating supply have also decreased.
Why Sell These Cryptos?
With the potential for a new bull run on the horizon, now might be the perfect time to sell these underperforming cryptos and invest in more promising altcoins.
What's Next?
Legendary crypto investor Charlie Shrem believes that the convergence of AI and crypto will create generational wealth. Consider investing in top AI cryptos for 2024 to potentially profit from the next bull run.
Note: This article is not investment advice, and you should do your own research before making any investment decisions.
REVOX Campaign: Earn Tokens with Binance Web3 Wallet❗❗❗
Exciting news for cryptocurrency enthusiasts! The REVOX campaign is now live, offering a unique opportunity to earn tokens with Binance Web3 Wallet.
This collaboration between REVOX and Binance Web3 Wallet allows users to participate in a series of simple tasks to earn REVOX points, redeemable for tokens.
_How to Participate_
Participating in the REVOX campaign is easy. Follow these steps:
1. _Create a Binance Web3 Wallet_: If you haven't already, sign up for a Binance Web3 Wallet. 2. _Deposit Tokens (Optional)_: Deposit tokens into your wallet, but this step is not mandatory. 3. _Check-in Daily_: Check-in every day to claim REVOX AI Passes. 4. _Invite Friends_: Invite friends to join the campaign using your unique invite code: SCG9NW (remember to use this code to support the author of this article!).
_Rewards and Winners_
The campaign will announce winners on July 15, 2024. There will be an unlimited number of winners, and rewards will be distributed by REVOX. The more REVOX points you earn, the bigger your reward.
_Don't Miss Out_
The REVOX campaign is a fantastic opportunity to earn tokens with minimal effort. With a simple check-in process and inviting friends, you can accumulate REVOX points quickly. Don't miss out on this chance to be a part of the REVOX community and earn some tokens.
_Important Dates_
- Campaign duration: June 20th to July 4th - Winners announcement: July 15, 2024
_Get Started_
Head to the REVOX x Binance event page on your Binance Web3 Wallet to get started. Follow the instructions, and start earning your REVOX points today!
_Join the Conversation_
Share your experience with the REVOX campaign on social media using the hashtags #REVOX #BinanceWeb3Wallet #Airdrops_free . Let's build a community and help each other earn some tokens!
NOTE: You guys can ask me any questions in the comments below, and I'm here to guide newbies in crypto! I'm happy to help and share my knowledge with you all. Let's learn and grow together in this crypto journey!
I'm breaking my silence to warn against misleading information flooding the market. As I've previously stated, Bitcoin's dominance is declining, and intimidation tactics are on the rise. Despite this, we're seeing a subtle influx of capital into the market.
Be cautious of fake news and advice urging you to sell your assets. This misinformation aims to manipulate you into making rash decisions, allowing others to acquire your assets at a discount. Remember, short-term losses can turn into long-term gains if you hold onto your assets and remain patient.
Always conduct your own research and invest based on your findings. Don't let fear and misinformation dictate your decisions. Better days are ahead......
(Note: This post is for informational purposes only and not intended as investment advice.)
The current bull market is characterized by a unique trend, where assets experience intermittent surges followed by returns to their starting points. This volatility is inevitable in any industry and our coin selection strategy is designed to navigate such moments.
Notably, Trust Wallet has achieved significant growth, with 20 million downloads and revenue generation from fiat currency deposits and cross-chain transactions. The wallet's income channels, including POS and loan management, present opportunities for strategic action.
Regarding Blur, its price fluctuations and the current NFT market stagnation may have shaken confidence, but it's essential to consider the potential long-term value and predictable circumstances like the upcoming airdrop and stake releases before making any decisions
I... invested in a meme coin on a whim, only to watch it moon 100x! I thought I was being reckless, but it turned out to be a genius move.
Of course, there have been other times when my impulses didn't pay off, and I lost a pretty penny. But that's all part of the crypto journey, right? The highs and lows, the gains and losses... it's all a learning experience.
And I'm still here, wiser and more cautious, but still ready to take on the next big opportunity that comes my way!
⛔Holding On: Market Manipulation and the Reward of Resilience⛔
The current market conditions are challenging for many participants, especially those invested in altcoins.
The goal of market manipulators is to discourage holders from keeping their assets until the next bull run. They exploit emotions, causing some to sell in panic, others to limit their losses, and some to take profits prematurely.
Experienced players are also targeted, as a smaller crowd makes it easier to manipulate prices. Meanwhile, new users are entering the market through meme coins and user-friendly apps, which will eventually provide liquidity for exiting positions.
While the situation may seem dire, history repeats itself, and the market will ultimately reward those who hold their assets with patience and resilience.