Hello everyone. Let's say I just started to gradually understand and learn about this crypto market. I haven't looked at any courses or anything similar, but… based on my observation of the market.
where, how much, why it moves up or down, candles (which is important for short positions) - thanks to them I slightly opened the door for myself, so to speak, through which I managed to earn a little. I understand that a deeper analysis of the market and charts, external resources, observing whales, etc. - I think this is the next step for certain automation of actions and, so to speak, a higher probability of profit.
In essence, your observation of the market without investments (just sitting and watching the chart for a couple of days) and a little understanding, or better yet, complete mastery of the platform's functionality you are trading on, can allow you to start earning in the second week when you understand how it works.
Advice given to me by a friend who has been in this movement for a long time: he said a few things:
- maximum leverage x10, no more is needed (especially if you are just starting out)
- don't be greedy (take profits that you evaluate as achievable with a cool head)
- learn what candles mean (where buyers/sellers prevail)
And I quote:
- 'Main recommendation. Learn but don’t invest. Investments can be at the testing level of certain functionalities of certain tools.
Don't believe what they say on YouTube, everything is exaggerated or a lie - said my friend.
P.S. By no means an expert, just pure observation, and I will attach a screenshot where I managed to earn a little based on the minute chart on pair #neiroethusdt . Of course, I also managed to earn a little on $BTC and $ETH , as I entered the game when Bitcoin was at 58k, during the correction days from 62k. The same goes for Ethereum.
Thank you to everyone who read this.