I'm not a rich person that's why I'm doing crypto trading to become rich ..but despite the money I also love to trade ..so I'm here just to enjoy the journey...
we all dream of earning so much money and become rich and do things that we always want for us .. so i also entered market with same dreams after learning about crypto market ..and below are some mistakes i have done while trading and I'm sharing here because i think many new traders can learn from it and they can avoid those mistakes and avoid losing their money in crypto market ..like me ..
1 St thing i learned is Never start trading directly with big amounts ...always trade with small amount....
2nd first time when i used to trade i had no idea of any coin friends , but now i have learned a lot on the way upto here ..and friends you always remember learn some basic stuff first atleast ...like i didn't even knew about how to find support resistance before ..i was completely blank when i entered , no technical analysis, no News impact on market , no trend knowledge i suggest you must learn this things first before starting urself in trading .....
3rd at start i never managed my usdt balance or crypto balance ..and even now i lack balance management ...and sometimes i get greedy and i start doing trading with big amounts ..but i suggest you ..don't repeat my mistake ..because if you will not manage ur amount then ur done with trading guys ... always use ur wallet balance properly whether ur holding onto crypto for long term or wether ur trading for short term ..always understand how much risk you must take .. never trade with big amounts until u don't start making big profits ...or you don't have enough wallet balance to spend like a millionaire ... when i was new i used to get greedy and use big amounts , no planning or study about trend , coins , just used to see profit percentage ..no trend knowledge and no control over Leverage and liquidation ..
and then i used to cry in my heart and get sad for losing ...
but now after thinking , learning and understanding I'm not same ..and i suggest you also do same ... i hope this post is helpful..
right now , ethereum is showing some red candles looks like it is making some corrections after rising upto 3380 .... so here many peoples are confused whether to trade right now or not ..but i think take entry when eth will be done with its corrections and Most important ethereum is going to Rise in long term because of its ETF by all big companies ... but for short suggest you take no big leverage and only trade with small portion of ur amounts ... and people who have very less amount should also do same ..wait for corrections ..and price to drop little and then go for it with less appropriate leverage ...
Remember prices and market is always unpredictable so always try to figure out things ...and Impact of News
as per me price will show some corrections and ETF impact will be slow ..as compared to btc ..but still for long term it's the best time invest ..in ethereum ..$ETH
check $ETHFI token unlock dates in chart... then - info suboption... note - token unlock can significantly lower the value of coin due to increase in supply ...
please study more before trading for longterm in $ETHFI
at this point market where bitcoin and ethereum is growing rapidly and many ethereum coins are also showing get upward trend ..dont know how this token unlock dates are going to effect prices..
btc up time for another short position .... Take position at resistance level ..take profit of upto 1000 points below only if you take short trade at 93900 or at 93600 then tp at 92500 .....use proper leverage ..suggest not more than 20 x .... comment if you found this helpful ...$BTC
who is going to sell ...My advice - please use proper leverage and less amount ...and it can go up ..so please stay updated and ready to accept consequences ..