Part -1 Advice for beginners
What I will write are my own conclusions. I may have opinions that you find wrong or disagree with. You can criticize as you wish 😅 If I am wrong, I will correct myself. If there is any advice you would like to add, please add it to the comments.
I understand the excitement and ambition of new friends to win. I and many people here felt the same in the past. Please don't think that we don't understand you. What I'm about to write is just advice, I'm not going to force you to do it at gunpoint. 😅
- Start investing with your own money. Don't start with debt, credit and similar things. You may not have any money to start with. Then handle this first. Work extra jobs, do online business and create investment capital. Building capital in this way keeps you away from risky transactions and prevents you from suddenly losing everything.
- Constant buying and selling is never profitable. be patient. Do not buy a coin that you sold thinking it was risky just because it made small movements. Expect at least 2 4-hour candle closes.
- Do not rush because you will miss the opportunity and not be able to earn money. There is always opportunity. In order to see, it is necessary to be calm, analyze well and follow.
- Stay away from leveraged transactions while you haven't got everything in place yet. Maybe you entered and opened small transactions. Do not open 55 transactions at the same time as if there is no tomorrow.
- Friends said, "He who is stubborn with his ass will shit his pants." When the stock market starts to fall, do not buy by saying 'It will come back here, it will come back there'. He never returns from there. 😅 Let the stock market fall and the atmosphere calm down. As long as you have cash in hand, you have a say.
Draw a plan, analyze, follow certain levels, and most importantly, do not panic. The stock market may fluctuate momentarily, it may fall, it is not the end of the world, there is no point in dying.
I have 1-2 things left to write, now on to part 2. Have a profitable day 🌹
