Hello, everyone!
While Bitcoin is following my scenario which I have pointed out couple of days ago, I wanna told you my first steps in trading and why I had not given up on this difficult way.
I came to the crypto during the 2020-2021 bull run. I saw the insane pump on Bitcoin and decided that it's too late to buy any crypto. BTC has broken the previous ATH at $20k and I supposed that it cannot grow anymore. Market continued it's pump and all altcoin follwed it. I got a huge FOMO and bought BNB for $200. I was so relaxed with this trade and was sure that bull market cannot be stopped too easy. I have not even used the stop loss.
As you can see on the BNB price chart I was lucky at the very beginning, took my profit at the very top and made 3x to my deposit. As I remember I turned $3k into almost $9k in one month. I feel that I am a genius and decided to invest in low cap altcoins. Fortunately I was wise enough to invest only profit and took the invested money back.
Of course the altseason has been finished and my altcoins showed the huge dump to almost zero. I lost 80% of my profit and only after that I started to study trading. I understood that we need risk and money management. Therefore I started the deliberate tarding career and still learning new trading strategies to make my trades insane.
Guys, If you like this story, please, destroy the like button and follow me❤️ Next time I will tell you about how to use risk and money management in your trading decisions and why it's the most important thing👍#BNB #feedfeverchallenge #dyor #crypto2023 #BTC