I joined crypto almost 2 years ago with 400 USD without knowing anything about it, a friend of mine told me about this. I invested in solana, in futures, I didn't know how to trade, in 2 days my account was washed out, again I deposited 300 USD, in a week I washed my account again. Then I took revenge with 500 USD, unfortunately on the same day I was washed out. I thought this is a scam and no one can win here so this is not for us. Then I saw some posts about profits and saw 5% of people making profits, and I said to myself that if they can do it why can't I. I started looking for a teacher on tiktok etc, joined a few, paid them, still got liquidated. Then a friend told me about a guy in Dubai who teaches crypto, somehow I contacted him but he refused to teach me online classes because he only teaches face to face classes but he referred me to someone in Asia who was doing it. I contacted him and he agreed to teach for 1000usdt for 2 months. Somehow I managed to raise the money and started my class.
It has helped me a lot, after 2 months I was able to trade and make a profit, I reinvested and my account had 400usdt. Be persistent, losing 5-10 dollars a day to make my portfolio bigger so I can earn more money.
I spend hours watching my trading charts in various timeframes with different indicators just to observe market behavior. I have learned a lot from that.
A few months ago, I got into futures trading, on the first day I was liquidated, but still had a little money left because I knew this would happen so I didn't invest more into my futures wallet.
And now, since 4-5 months ago, I have never been liquidated, my account is currently nearly 20 thousand and I earn nearly 4-5 thousand each month in the future with a wallet scale of 1200, the main investment is still the spot wallet and the funding wallet.
SO WHAT HAVE I LEARNED::
1))
Stick to the plan and don't panic, don't sell off due to panic and buy out of greed
2)) ema 5 for 5-minute trades is the best
Ema 21 for the 15-minute and 1-hour timeframe
Ema 50-100-200 for longer timeframes.
However, I advise you not to use smaller timeframes
3))
Margin and leverage are very important, I use 5x leverage and my margin never exceeds 1%
4))
Fib is very useful in catching retracement waves, and 618 is an effective level 99%, not a golden pocket level.
5))
Reading candles is very essential, if you don't know this, you cannot trade profitably.
6))
Liquidation, you have to keep an eye on liquidation, but unfortunately, the liquidity heatmap, where 99% of you see liquidity is completely fake, only created by exchanges to manipulate you. (I use some other tools that I cannot share here)
7))
Sometimes basic but price action 99% is effective
So, I know I am very happy with cryptocurrency and looking forward to getting a huge income from it, but gradually, I am no longer greedy.
(note = I share these things just for information, I do not run any paid groups nor do I ask you to join me or give me money, those who run online groups are just people who cannot make money from cryptocurrency so they sell their signals to make money.)