How to become a profitable trader in just one day?
There has never been a secret sauce for extracting only profits from the market. If anything, losing your entire capital is far more likely than becoming profitable, especially in the world of cryptocurrencies and digital assets. Market data consistently shows that 7 out of 10 traders lose.
So, profitability is not about money. It is about behavior. The more chaotic the mind, the higher the likelihood of poor decision making, and in trading, poor decisions compound quickly. One losing trade often sets off a sequence of additional losses. Ego gets involved. Dopamine takes over. The focus shifts from execution to recovery. To reclaim what has already been lost, impatient traders frequently open new positions using excessive leverage and distorted risk-to-reward ratios, and the market is highly efficient at punishing this behavior. It is brutal and indifferent, with the capacity to absorb every bit of margin you feed it. It does not matter how that margin was acquired. Through savings, salary, or borrowed funds. Provoking the market has only one outcome. Liquidation. Market Psychology: Have you ever felt as though every trade you entered moved against you? Most traders have even I do. Consider the following scenarios.
Scenario One: You notice a token rallying and enter a 20x leveraged long. Almost immediately, the price reverses. Red candles follow one after another. The position drops 15%. Brutal. Scenario Two: You see the same rally but conclude the market cap is already too high to justify further upside. You enter a 20x short. As soon as the position opens, the price surges 10%. Brutal.
Scenario Three: A token appears oversold. Its market cap is approximately $4M. You believe this presents an opportunity to be early. You enter a long position. Price drops further. Brutal.
Scenario Four: You have learned from previous mistakes. You are more cautious now. Better informed. You notice a meme token trading near $3M market cap and gaining traction. You dismiss it, assuming it will fade like most others. The next day, it trades near $10M. You remain on the sidelines. By evening, it reaches $19M. Regret begins to surface, but you convince yourself the move is already extended and walk away. The following day, it surpasses $37M. At this point, doubt sets in. You begin to reconsider. Perhaps this is actually a good project. You finally BUY. By the end of the day, your position is up 12%. Confidence builds. You trust the trade. You do not set a stop-loss. The next morning, your holdings are down 70%. Brutal. The Illusion of Control : There is a common belief that the more attention and thought you give something, the more likely it is to succeed. In financial markets, this belief rarely holds. Markets do not respond to intent. They move independently of expectation. While outcomes remain uncertain, what is controllable is risk exposure, position sizing, and execution discipline. Everything else is secondary.
The Difference Between Winners and Losers: Winners are not distinguished by superior predictions. They are distinguished by process. They position themselves early, before trends become obvious.
They prioritize capital preservation over aggressive returns.
They understand the difference between a calculated loss and a failure.
They do not follow the crowd; they anticipate it.
They operate within clearly defined rules and respect invalidation. What is lost is accepted. What lies ahead is approached without emotional residue. They understand risk-to-reward dynamics.
They invest time in research before entering positions.
They study tokenomics, project goals, team credibility, partnerships, and incentives.
They do not trade emotionally or impulsively. On the other hand Losers do the opposite.
What is being profitable? If you ask me, I'd say. " If you add $100 to your wallet in the morning, and after trading all day, even if you managed to gain $0.1, you are a profitable trader on day one. Nothing more. Nothing less.
This article is intended for informational and educational purposes only. It does not constitute financial advice. Readers are encouraged to evaluate trading instruments independently, conduct thorough research, and assess personal risk tolerance before participating in trading or investing activities. The author is not responsible for any financial losses resulting from individual decisions.Title/Thumbnail inspiration: Dan Koe’s “How to Fix Your Entire Life in One Day.”
No one really talks about "I can help you" Scams in Crypto.
Pretty understandable that you lost a trade and shared it on @Binance Square Official so others can learn, and avoid the mistakes you made, now random dudes are commenting on your post, "Hey, I can help you." "Join Blah Blah trading group on Telegram." "Share your WhatsApp number, and I'll help you recover the lost money."
Most likely, they know you have the money, and all they want is your money. No one in crypto will help you recover lost money, because everyone knows no one can predict the future. What's gonna happen after you contact someone privately? Scammers will never ask you for a seed phrase or account access because most of the Web3 guys are well-informed and know this can become a major problem, and you can lose all of their assets.
So scammers use these common tactics to lure you in, and you become so desperate to recover lost money that you fall into their trap so easily without noticing.
Scammers will show you screenshots of fake profits, stating they made good money while you lost everything. This is the most common tactic to gain your trust, and after you become familiar with them, they'll ask you for profit sharing scheme. Profit Sharing Scheme: Most likely, scammers will ask you to send them some USDT. Next time, they will show you fake screenshots of winning trades and send you the pre-decided share with some profit. Now the trust is gained. Next, they'll ask for a bigger amount and promise a bigger return. You have full trust in these guys since they already split profits with you from the previous trade. You send more USDT without a second thought. After receiving the amount, they'll either say "USDT didn't arrive in their wallet or completely vanish by blocking you or deleting their accounts." In crypto, once sent, there's no way to recover it.
Fake Telegram groups: Scammers will ask you to join a pump-and-dump Telegram group, where they share a low market cap token with significantly less activity, where thousands of people like you are gathered in the hope of recovering their lost money. Once you get in, and they are all set up, they start to accumulate a low market cap token, and once aped, they set a take profit order above a certain price point. After their accumulation, they build hype and share a time when the pump will happen. On time, they openly share the trading pair in the Telegram group, where everyone is waiting to ape in early. Once shared, users start to rush in to buy early and exit at high prices. It only takes 30-40 seconds, and the token is up by thousands of percent. By this time, their TP order is already filled, and the token starts to plummet. Falling to absolute zero within seconds, and everyone loses their money instead of making some, except the owner of the group. The cycle keeps repeating one after another token, until you realise it's a scam, and you lost more than you made.
Stop responding to guys who ask you to recover your lost money. Trust nobody but your knowledge and research in crypto.
Thanks for reading. Follow me on Binance Square for more. Trade trending tokens here. 👇👇
$RIVER is going to teach newbies a tough lesson. The lesson former crypto traders are familiar with, How brutal and unforgiving crypto space can be.
Through out the month RIVER printed thousands of percent returns, but the dark side, while liquidating millions of sellers.
RIVER went from few cents to straight 86 dollars and started to fall, after falling to $51 it cought momentum again and trapped optimistic newbies around $65 - $75 range and failed to deliver the new ATH.
In short buyer at these zones are trapped forever. If RIVER suddenly collapses which it will, then these buyers will be trapped forever.
It’s not Bitcoin, ethereum, solana or some other great project, to hope it’ll recover. it’s reletively a new project and for a new project to gain a $4 Billion market cap is like gathering entire luck available on the planet.
While most of the genuine projects fail, and struggle to survive in crypto lanscape. The manipulation at River somehow proved that crypto needs a regulatory framework to avoid potential manipulation from market makers, whales and developements teams.
$RIVER is going to teach newbies a tough lesson. The lesson former crypto traders are familiar with, How brutal and unforgiving crypto space can be.
Through out the month RIVER printed thousands of percent returns, but the dark side, while liquidating millions of sellers.
RIVER went from few cents to straight 86 dollars and started to fall, after falling to $51 it cought momentum again and trapped optimistic newbies around $65 - $75 range and failed to deliver the new ATH.
In short buyer at these zones are trapped forever. If RIVER suddenly collapses which it will, then these buyers will be trapped forever.
It’s not Bitcoin, ethereum, solana or some other great project, to hope it’ll recover. it’s reletively a new project and for a new project to gain a $4 Billion market cap is like gathering entire luck available on the planet.
While most of the genuine projects fail, and struggle to survive in crypto lanscape. The manipulation at River somehow proved that crypto needs a regulatory framework to avoid potential manipulation from market makers, whales and developements teams.
Attention traders,I have some interesting $AIA thing to talk about.
First of all there are a total of 146.83M tokens in circulation. Then there are top 10 wallets holding 95.72% which means approx 140.54M tokens are held by the top 10 wallets.
This keeps us with only around 6M token that are being traded right now.
Considering the current trading price 0.24, and 6.29M tokens, the market cap is very low. Around $1.52M
This tokenomics structure is very dangerous, and can cause AIA to rally upto $20 in just 24 hrs, or collaps to few cents, considering that top holding remain unchanged.
Personally I believe that it will fly again. Leaving everything behind just like it did previously.
Wallet: 0x14df592921741c9cf9c0971b24e4de512ed52277 is one of the market makers of multiple tokens, and boy oh boy, look at this P&L Calendar for this month.
$1 Million from just $RIVER 🤯, it's all your money that you used to short RIVER.
Are you Shorting this Co-ordinated ploy? These bundlers are making you lose your hard-earned money.
$RIVER is heavily bundled, and the circulatory supply is highly concentrated. 69% in a single wallet, although that wallet belongs to the RIVER foundation, but it makes supply way to much scars.
If you're thinking that when other holders sell, the price will bleed, then you are wrong. The price will slowly go down and will quickly catch up again.
River's market cap isn't justifiable at all, sitting at almost 2B market cap, even most credible projects are struggling to make it to the top 500.
Just look at these buy orders. These small orders and wallets involved can easily be traced on any DEX.
If these were normal orders, then why would the buyer have to buy it in 3-4 different orders? These are there just to show high buying rate than selling to lure in more and more real buyers and profit from them.