It feels a bit unrewarding that i had to zero out my balance and start bottom up again, but it genuinely makes me happy for every cent that i gain and obvioulsy with low amounts you dont face any pressure and it gets more funny to trade ๐ซ ๐ซก
before entering a trade define where you want to buy - dont chase the low buy. if it happens it happens, if not cancel and think about the trade you approach again.
2. DONT go all-in.
Gaining massive amount of money can be addictive, people tend to put all their funds into single trades, even worse if its high risk - volatility or with margin. Only invest 3% of your whole money into 1 position. Even better is splitting those 3% into 3 orders at 1% each.
by not managing your risks and money your gambling - not trading.
3. Trade less - win more
When trading many people try to catch many small trades or do stoopid (especially on high risk high reward trades) longs with leverage or all-in.
Ask yourself? what do you want? Accumulation of crypto/money, enthusiastic and educational approach to trading.
People who really build something dont do all those risks, otherwise they would go -90% every week. Think about it, small gains - small risks, time and education.
You should spend more time on education and analysis then on trading itself.
I did it guys. after the last month trading i finally managed to pay my debt of 14.000โฌ. This moment is lifechanging for me. I did a whole cashout now to pay it instant.
This also opens a opportunity, i want to start another crypto journey. This time im starting with only 10โฌ - and build my way up again!
Normally i wouldnt cashout and just continue with the funds i had acquired, but debt is " negative money ", it raises aswell, for my own wellbeing i decided its better to go to 0 and start from there.
$RAVE we are counting down the flymode! RAVE didnt decline last upside, we where just too good at buying and got it higher before enough support was building under it, small correction. Now consolidating inside my breakout zone: again!