Beginners, don’t touch leverage!
Hi,
Beginners, let me tell you something!
Sadly, you won’t get rich from crypto. Don’t be fooled by “influencers”. Most of them know nothing 💩. The big money is made by whales, market manipulators and Development teams.
Crypto is a space where the money is transferred from the greedy one to the patient one.
I lost money in 2017/18 buying the top, being greedy.
I earned good money in 2020 but lost them all in 2021 because of leverage trading (I was again getting greedy).
Finally, after 2022 I started accumulating coins (only spot, no leverage).
Now I just sit back and watch the market growing (and not becoming nervous on any 20% dip).
I still do leverage trading, but setting stop losses beforehand. This is for fun, not for making money. I know I have 80% chance of losing money.
Back to you now. SERIOUSLY. Stop using leverage! You will provably make some money, but I assure you, you will get greedy and make mistakes, losing them all.
Making money is a marathon, not a sprint!
#NoLeverage