It took me 3 years to become profitable in #crypto
Get your notes ready - why?
Bcoz I'll teach you how in 30 seconds:
Never go all in.. Never.
Enter a small position and if the trade idea is going right, add more size.
Be patient with winning trades & be very impatient with losing trades.
Use low leverage at beginning of a #Bitcoin bull market, your risk is very minimal + reward is huge.
Don't let winning trades excite you to take more risks.
Don't let losing trades scare you to take risks.
Don't place your stop loss at other trader's buy zone.
Sentiment can be wrong, but the markets are always right.
If there's no volume on the impulse move, that's the first sign of weakness.
Don't set daily profit targets, this causes you to force trade setups trying to hit your goals.
HODL refers to holding in the correct direction, not when it's going against you.
If you get nervous of a trade or keep hitting SL, just lower position size.
Like this post if you found any value & I'll do more of these 🤝