I LOST EVERYTHING! (6 Months of Trading)
After six months of trading, I’ve learned some hard lessons. Here’s what didn’t work for me:
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### 1. Buying in Cash with $3k
I started with a straightforward approach—investing $3k in cash. But quickly, I realized that most cryptocurrencies tend to lose value over time. Even when I was just holding the asset, my investments steadily decreased. This strategy seemed like a safe bet, but the reality was that many cryptos fluctuate wildly and don’t always recover in a meaningful way.
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### 2. Leveraged Trading – The Dangers
At first, leverage seemed like a shortcut to bigger gains. I made some solid profits early on, but the risks are massive, and they caught up to me. Liquidation is always lurking, and the emotional toll is real. It’s easy to think you can recover losses, but in reality, the more you try to dig out of a hole, the deeper you fall.
👉 Leverage isn’t a tool for small investors. It’s designed to work against you. You’re up against high-frequency trading algorithms running millions of calculations every second, while your human brain can only process so much. The market is manipulated by big players with access to more resources, leaving you as a small fish in their wake.
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### ✅ MY NEXT ATTEMPT
I’m shifting my strategy. Going forward, I plan to focus more on market psychology—predicting where mass sentiment will go and positioning myself in the opposite direction. It's about playing the trend, but more importantly, anticipating the shift before it happens.
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🤷🏻♂️ I’ll be back to update you on how it goes.
Trading is a journey, and sometimes it feels like you learn more from the mistakes than the wins. I hope this update helps someone avoid the same pitfalls I fell into. Let’s see how my next attempt works out.
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