#newincryptoworld
newincryptoworld
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The drop yesterday was not unexpected since the trend on all crypto is downward. ATH was on December 8th and market needs some cooling down. Only the exact dates for the pullbacks are not available.
Depending on when you entered the market you get the results. If you entered your positions on December 6th you hade a very painful experience right now. Hoping that after a month of more than 50% growth this will continue withoit down time... it is expensive hope but valuable lesson.
When in doubt zoom out.
Always check the environment you are entering. Check the trend and look the weekly and daily chart. You will have much clearer insight than on hourly chart.
There are many good writers on Square. Do your research, find the ones who are not using AI to write their post and are on the market far longer than you. They usually made same mistakes in their beginning than you are doing now. They are also the proof that patience, learning and determination pays off. At least on the long run.
#MarketPullback #NewinCryptoWorld #2024WithBinance #ChristmasMarketAnalysis
Depending on when you entered the market you get the results. If you entered your positions on December 6th you hade a very painful experience right now. Hoping that after a month of more than 50% growth this will continue withoit down time... it is expensive hope but valuable lesson.
When in doubt zoom out.
Always check the environment you are entering. Check the trend and look the weekly and daily chart. You will have much clearer insight than on hourly chart.
There are many good writers on Square. Do your research, find the ones who are not using AI to write their post and are on the market far longer than you. They usually made same mistakes in their beginning than you are doing now. They are also the proof that patience, learning and determination pays off. At least on the long run.
#MarketPullback #NewinCryptoWorld #2024WithBinance #ChristmasMarketAnalysis
๐ Hi everyone! Iโm new to Binance ๐ฃ and donโt have much USD right now ๐ธ.
Looking for some tips or guidance from experienced users ๐.
Thanks a lot in advance! ๐๐
#NewinCryptoWorld #Binance $XRP
Looking for some tips or guidance from experienced users ๐.
Thanks a lot in advance! ๐๐
#NewinCryptoWorld #Binance $XRP
NEW TO CRYPTO? Don't trade big, learn to be BIG ๐
Just like with everything in life, the crypto world also requires a learning curve. This means mistakes are inevitable, but they can come at a high cost. As with any other learning process, rushing increases the chances of errors, so take your timeโhurry slowly.
Month One โ Introductory Workshop
Start with very small amounts. The goal is not perfection but to understand how the system works and how you respond to it. Take notes and observe trends.
Month Two โ First Stage
Invest only what you can afford to lose. Consider this amount as much as you'd be willing to spend on a quality course. Youโre still in the learning phase! Pay attention to what others write and say, and observe whether theyโre correct. Donโt be reckless and fall for the hypeโverify what they claim and then either a) continue following them or b) find someone else who knows what theyโre talking about.
Month Three โ Second Stage
Based on what youโve learned in the first two months, make decisions that will test your knowledge. If youโve learned from your mistakes, you wonโt repeat them, and youโre on the right track. By now, youโve also grasped the basic principles and realized that youโre not missing out on anything, as thereโs always something happening in the crypto worldโand there always will be.
Learning is an ongoing process, and they say you become a master after practicing and working at something for at least 10,000 hours.
Happy learning! ๐
#LearningExperience #BeginnerTips #NewinCryptoWorld #2024WithBinance
Just like with everything in life, the crypto world also requires a learning curve. This means mistakes are inevitable, but they can come at a high cost. As with any other learning process, rushing increases the chances of errors, so take your timeโhurry slowly.
Month One โ Introductory Workshop
Start with very small amounts. The goal is not perfection but to understand how the system works and how you respond to it. Take notes and observe trends.
Month Two โ First Stage
Invest only what you can afford to lose. Consider this amount as much as you'd be willing to spend on a quality course. Youโre still in the learning phase! Pay attention to what others write and say, and observe whether theyโre correct. Donโt be reckless and fall for the hypeโverify what they claim and then either a) continue following them or b) find someone else who knows what theyโre talking about.
Month Three โ Second Stage
Based on what youโve learned in the first two months, make decisions that will test your knowledge. If youโve learned from your mistakes, you wonโt repeat them, and youโre on the right track. By now, youโve also grasped the basic principles and realized that youโre not missing out on anything, as thereโs always something happening in the crypto worldโand there always will be.
Learning is an ongoing process, and they say you become a master after practicing and working at something for at least 10,000 hours.
Happy learning! ๐
#LearningExperience #BeginnerTips #NewinCryptoWorld #2024WithBinance
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