Open your mind and read‼️‼️
Are you in crypto to make 100-1000$ a day? Let me tell you something.
This might be a hard pill to swallow but here is the truth.
This mentality will burn you. Making this kind of gains comes down to a few things.
How much experience do you have?
If it’s close to nothing let me wake you up because you are dreaming. Crypto will not hand you out money for free. There is alot going on and the chances of you winning with this kind of mindset is 0.
How much capital do you have? 1000$?
If you have 1000$ and aim to make 100$ a day, that is 10% everyday. It may seem easy but trust me it is not. Especially if you use leverage.
If you are new here, you have no business using leverage.
If you are new here, you have no business trading on the 1min to 4hr time frame.
Humble yourself. Do not be too optimistic. Crypto is literally a game against other people. You cant win without knowledge. You cant win without experience.
If you are new, stick with larger timeframes. If this is your first week in crypto you are in luck. For most alts, its one of the better times to buy. You wont have to go thru a brutal bear market. Atleast for now.
You can blind buy most alts and keep it for a few months and you will be in big profit.
Please do not day trade. Preserve your capital and let it grow. Dont lose your capital at this pivotal moment. Do yourself a favor and HODL. You dont need to do more.
HODL and pay attention to the markets. If you cannot control yourself make 2 portfolios. 1 as a core position and another for day/swing trading.
Control your urge to try and copy those traders you see online. They have alot of experience already. They show you wins but they dont show you loses.
At this point we are still in a time that alts can go -40%. But thats okay because the upside is over 1000%. So just HODL.
This is not financial advice.
The biggest lesson i learned in crypto is to take it nice and slow.
A good foundation take time to build but it is also harder to break. Patience is the key.
Good luck trading today.