At 21, I lost $45K on DOGE. At first I had $500, then I raised a little on GRT and I got about $2,000. Then I entered DOGE and made a good profit, but I didn’t stop and on the pullback I increased the position with 3X margin leverage, a powerful pump began to appear on my account, the numbers 10, then 20, then 30, then 45 thousand dollars began to flash, then it dropped again yes 11 thousand, in the end I closed about 30-40 thousand, I don’t remember exactly. Then I went long on futures and for a while the price again reached about 45 thousand dollars, but then I fell asleep because I was very sick at the time and when I woke up I saw that my position was only 7 thousand dollars and I closed the position in horror.
I try not to buy coins that I don't understand anything about and am not confident in the project team. I try to buy coins that have a real business with a ready-made project behind them. For example, CAKE or SFP. Here is a list of coins that I recently compiled for myself in which I think I am confident and understand something:
CAKE - Working top dex exchange SFP - The best and most popular hardware wallet AVAX - Blockchain with very low USDT sending fees could repeat the success of SOL coin ADX - New revolutionary work platform for advertising arbitrage WEB3 AGLD - Talented independent enthusiast video game developers are taking inspiration from retro games POND - Working Dex exchange with cool design AKRO - Another promising DEX exchange with a good design BOME - is just a memecoin that everyone has heard about, I don't understand anything about it, but it will grow TON coin telegram therefore will grow, I think it can easily rise in price to $15 and more in the near future COMBO - Another video game coin that is a bit casual but has come a long way, it seems to be the former COCOS which is a game engine for the Nintendo Switch among other things
Simple Earn is a very useful automatic function. Turn it on with a couple of clicks and all your coins will automatically bring interest as on bank deposits while you hold the position. For example, if you have USDT or BNB, then every day your account will be replenished a little by 4-7 percent per annum on average. There are cryptocurrencies with tens of percent per annum.
Bitcoin is the coin that got me into trading and crypto trading, but my first deal was with XRP, I bought it without knowing anything about trading and immediately caught a loss, but I held on to it and closed it after some time with a small profit.