The drop yesterday was not unexpected since the trend on all crypto is downward. ATH was on December 8th and market needs some cooling down. Only the exact dates for the pullbacks are not available.
Depending on when you entered the market you get the results. If you entered your positions on December 6th you hade a very painful experience right now. Hoping that after a month of more than 50% growth this will continue withoit down time... it is expensive hope but valuable lesson.

When in doubt zoom out.

Always check the environment you are entering. Check the trend and look the weekly and daily chart. You will have much clearer insight than on hourly chart.

There are many good writers on Square. Do your research, find the ones who are not using AI to write their post and are on the market far longer than you. They usually made same mistakes in their beginning than you are doing now. They are also the proof that patience, learning and determination pays off. At least on the long run.

#MarketPullback #NewinCryptoWorld #2024WithBinance #ChristmasMarketAnalysis

NEW TO CRYPTO? Don't trade big, learn to be BIG 😀

Just like with everything in life, the crypto world also requires a learning curve. This means mistakes are inevitable, but they can come at a high cost. As with any other learning process, rushing increases the chances of errors, so take your time—hurry slowly.

Month One – Introductory Workshop

Start with very small amounts. The goal is not perfection but to understand how the system works and how you respond to it. Take notes and observe trends.

Month Two – First Stage

Invest only what you can afford to lose. Consider this amount as much as you'd be willing to spend on a quality course. You’re still in the learning phase! Pay attention to what others write and say, and observe whether they’re correct. Don’t be reckless and fall for the hype—verify what they claim and then either a) continue following them or b) find someone else who knows what they’re talking about.

Month Three – Second Stage

Based on what you’ve learned in the first two months, make decisions that will test your knowledge. If you’ve learned from your mistakes, you won’t repeat them, and you’re on the right track. By now, you’ve also grasped the basic principles and realized that you’re not missing out on anything, as there’s always something happening in the crypto world—and there always will be.

Learning is an ongoing process, and they say you become a master after practicing and working at something for at least 10,000 hours.

Happy learning! 😊

#LearningExperience #BeginnerTips #NewinCryptoWorld #2024WithBinance