Both #AVAX✅ & #Solana🚀 long trade setups went up in 6.5% & 7.2% profits respectively but then SL hit on both trades due to #BTC Choppiness!
Following lessons are must to be learnt for newbies from this instance:
1. Whenever a trade is in good profits, always bring SL to entry
2. When SL hits, never take the forced trade to recover losses quickly; rather turn off the screen for a day (at least) and let the emotions cool down.
3. Never put all or majority of the funds in a single trade to become millionaire quickly, crypto cannot make you rich in one night. IT'S NOT A QUICK MONEY MAKING SHCEME FOR GOD SAKE!
PS: major fault here is of those fake (and paid) influencers who tell fantasies about so on so and innocent newbie start dreaming of becoming millionaire in one night.
PS 2: If you follow the news then you can never earn money from crypto because "by the rumor and sell the news" is very very common practice of market makers.
REMEMBER these financial markets are designed to transfer money from poor to rich (basically from us to institutions) so DO NOT become their victim by following the news.
