PATH TO 🍋💲
Three fundamentals of trading that will lead every person to success in the cryptocurrency market. 📉📈🧠
💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲
⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
1️⃣ Don’t turn cryptocurrency trading into a casino!!! 🎰❌
I think you don’t need to explain to you who a gambler is😵💫, and why crypto trading is not a casino, don’t try to win back, no matter how many times you get lucky🎉, one day the deposit will be completely drained. ⛔️
———————————————————————
2️⃣ Don't be greedy! Record your profits and losses!!! Become an insensitive creature 😐😅
A trader is affected not only by greed🤑, but also by fears😱. For example, fear of missed profits, unrealized losses 📉. And if greed does not allow one to take profits at the most favorable prices, then fear of loss often does not allow a speculator to close a losing position. There is hope🤞 that a little more, and the price will return to the entry point, giving the opportunity to win back losses. And if the price reaches the entry point, what do you do? 🤑You don’t close at breakeven, you wait for the price to rise, and it bounces again and flies in the opposite direction😬. And this endless swing continues until you finally lose all your money. It is important to determine acceptable losses before opening a trade and set a stop. Otherwise, your deposit will be drained. ⛔️
———————————————————————
3️⃣ Take your time!🏃♂️💨❌
Before jumping into a deal with both feet🦶, think carefully🤔, maybe you shouldn’t buy on the highs, are you sure that the price will break through the resistance/support level!? Yes, of course, you have seen similar scenarios many times, where the price breaks through the levels one by one, and how 😩 did you miss this opportunity to enter a trade at a minimum. And you fly in without hesitation in the hope of tearing off at least a small piece from the rise/fall of prices. And what's going on??? The price bounces off the level and flies in the opposite direction. At this moment you think it would be better if I didn’t earn money than lose it, and after a while you repeat this mistake again and again. 🥲So, before entering a trade, analyze the chart for at least 5 minutes, look at the time frames, etc. And don't repeat this mistake. ⛔️ You shouldn’t rush into a deal with a hot head 🤯. This is a crypto market, you will have an endless number of similar opportunities!!!
These rules will lead me to 🍋💲
I'm sure of it !
This article is of course more about psychology!!! But I can say with confidence that psychology makes up 95% of our field!! ✅
I’m sure there will be those who will say who are you to teach us. I don’t teach anyone, I start from my experience. I went through all this myself. 🧐
Most will be sure that it is easy and simple to follow these tips. It's so simple! You say. No, it's not easy at all. If it were simple, every second crypto player would be a dollar millionaire! 💷💶💵
And I’m sure only 0.01% of people will follow these tips, because people are not inclined to learn from the mistakes of others, only when they go through it themselves do they understand what I’m talking about now. 👀
Who am I?
-I'm just an ordinary guy with $100 in my pocket...
If anyone is interested, go to your profile, let's go to the goal in 🍋💲 together =)
