Remember, do not go all in, meaning do not buy a lot of coins at once. You can start with half a position, investing half of your funds to control risks and capital. If the price rises or falls, you can promptly add to your position and set stop losses, which will be more beneficial for making money. If you cannot promptly add to your position, you can minimize losses. Trading cryptocurrencies is all about making money, so it's important to be well-prepared to avoid unnecessary losses.
There are two types of personal growth:
The first type is personal experience, reflecting on it afterward to gain insights. This kind of growth takes time, money, and energy, and it can easily lead to setbacks.
The second type is learning from others' experiences, summarizing the reasons for their failures to caution oneself. This only requires spending money to learn from successful people's experiences.
The cryptocurrency space is full of opportunities and challenges, but it also carries various risks.
Of course, everything has its duality; the greater the reward, the greater the risk. There is no such thing as a zero-risk investment. What we can do is to increase the probability of making money and decrease the probability of losing money. #BTC☀