I have taken my portfolio and wallet from 350 USDT to 21,000 USDT today in a year. How? I buy on dips and sell part on rises between 2% and 7% a day, while I wait in Earn.
Jugador01
--
Bearish
āLessons Learned on the Cryptocurrency Journeyā
For all those who have been in the world of cryptocurrencies for a while, I want to share my personal experience. I lost approximately $225 of my initial investment, an amount that may seem insignificant to many compared to their investments, but for me, it was devastating. I felt like I was wasting money, and the idea that I was a āloser without self-controlā haunted me for days.
I was inactive for a week after those losses, but I decided to come back. Why? Because I still believe that cryptocurrencies are a great long-term investment. This time, with a more analytical approach and learning from my mistakes.
Hereās what Iāve learned:
1ļøā£ Donāt focus everything on a single coin. Before, I was checking every 10 minutes to see if the price was going up or down. If you do this, you are probably gambling more than investing, especially if you use high leverage (for example, x15 or more). While it is possible to win with a good strategy, it is also a fast track to significant losses if you are not prepared.
2ļøā£ Donāt underestimate small amounts. $225 may seem easy to recover, but not everyone has the capacity to invest that amount while having other responsibilities like a family to support. The key is to invest sustainably and not bet everything on a single opportunity.
3ļøā£ Understand market manipulation. I believed I could buy at the lowest range (for example, $0.4) and sell at the highest ($0.6). However, I learned the hard reality of whales. They manipulate the market in such a way that they liquidate positions before the price goes up or down in your favor. Learning this changed my perspective on how to trade.
Now I am rebuilding my portfolio with a more balanced and conscious strategy. This is a path of constant learning. If you are in a similar situation, donāt get discouraged. Success comes with discipline, patience, and preparation.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.Ā See T&Cs.
59
0
Replies 1
Explore the latest crypto news
ā”ļø Be a part of the latests discussions in crypto