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MrxBit
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Attention New Traders: A Guide to Starting Smart If you're new to trading and unsure whether to hold or close, this post is for you. Trading requires knowledge, discipline, and strategy—not guesswork or reliance on others. Here's how to start: 1. Think for Yourself: No paid group, signal provider, or influencer will make you rich. Learn to form your own opinions and protect your capital. Avoid blind trust in anyone. 2. Learn Market Analysis: Understand daily trends (BIAS) and set entry and stop-loss points. If you're not ready for futures trading, stick to spot trading. 3. Use Stop-Loss Always: In futures trading, one bad trade can wipe you out. Protect yourself with stop-loss orders. 4. Set Long-Term Goals: Aim for steady growth over 5–10 years. Quick gains often lead to bigger losses due to market psychology. 5. Avoid Revenge Trading: Limit yourself to one trade per day, win or lose. Overtrading leads to losses and stress. 6. Master Risk Management: Without proper risk management, your trading goals are meaningless. Learn it, apply it, and never ignore it. 7. Educate Yourself: Study price action, strategies, and market psychology. Backtest strategies for at least a year before using them. Dive into on-chain analysis, BTC cycles, and market indicators like USDT.D. Final Note: No one can make you a millionaire but yourself, and only through knowledge and discipline. Start smart, stay consistent, and always keep learning.
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$BTC Where's BTC going? What do you think it will be in January 2026?
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I feel the market has had a very slow movement for last 3 days. #BitcoinHashRateSurge
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Currently going downtrend
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As long as you're within your TPSL!
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