Hello Dear fellows. I have seen many people panicking and breaking down over the last few days due to big dumps and volatility in the market.
Guys, here are few things i had in my mind to share with everyone during this time:
1- Donât panic during the dump as there is a-lot to come to your way. Try to learn where you made mistakes and how to avoid them in future.
2- Best thing is never use leverages or else whales gonna make you cry every time like they did now.
3- When you lose money, donât blame market and cryptocurrency. It was your money and your decisions how to use it. You should have used it wisely and with proper money management.
4- Always start your trading journey when you already have enough knowledge. Make a mindset and never just jump into the market with no clues of what you are going to do. Iâve seen people who are trying to learn from past few years and still consider themselves newbieâs.
5- When you have enough Knowledge, always practice with paper/Mock trading for atleast 3-6 months before you start with your real money and capital, because your wonât get back what you lost here.
6- Finally, most important thing in my opinion, always start with the capital and money which you can easily afford to lose and never regret losing it.
Remember, 90% people lose their money in this market so donât think youâre the only one who got unlucky. It takes long time to gain knowledge,experience,patience and MIND SET and to be among those 10% who makes money.
I hope above points gonna give you some positive vibe and motivation to keep moving forward. Thanks and Happy Trading. $AEVO $PORTAL $FIL