write2earn….

Some good advice, don't put all your eggs in one basket...

#write2earn….

BEFORE YOU START TRADING KEEP THESE THINGS IN MIND!
Here are the RULES that u MUST follow to survive in the market long term.
1. Don't invest at the cost of ruining ur life.
ur investment should always be an almost insignificant amount.If u lose it,it should hurt a bit but not ruin ur life.Don't go all in.Don't invest more than u can afford to lose.
2. Practice a lot BEFORE trading.Watch live charts,draw ur levels,then paper trade.After u're comfortable with this,trade spot for some time and ONLY THEN move to leverage/futures.Using leverage without spot experience is a crime.
3. U can't and will not survive in the long term without following the 2 tools of capital preservation.
i. Stop Loss,ii. Risk Management.
Both these tools are FAR more complicated than they sound.Read,understand and ONLY then trade.
4. Don't try making quick trades by fighting the trend.Use the weekly time frame and the 50-day moving average to find the trend and trade only in the direction of the market.
5. There are no good and bad assets.Don't get attached to a coin or a stock.Ur aim is to make profits,to buy low and sell high.Keep ur logics,attachments,and emotions away and TRADE THE CHART.
6. Don't pray for a trade to go right.Don't hope.Ur aim is to leave the market ASAP.Once the trade goes the opposite direction,don't give control to the market and keep hoping.EXIT.Start afresh.Cut ur losses.Keep them small.
7. Don't trade if u don't hv a planned entry,exit,and invalidation point.Listen to opinions of others will always get u rekt.U have to plan ur entry,position size,and invalidation points.
8. Trading is easy,u don't need complicated tools and 5 monitors.The catch is,u need a plan.Manage position size.Pre-determined entries.Exit on invalidation.Cut losses.
9. When learning,trade a lot.Trade with the trend,as many times as possible.Ur methods need real market testing.Trade more,let the market give you feedback,as much as possible.The only way to get better at free-throws is to keep practicing.
10.Trading is the most rewarding profession, ever.
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When I'm waiting for my $10 fund, that will makes me a millionaire?
#write2earn….

RE-EVALUATE YOUR INVESTMENTS
Here's a mistake that many beginners make: they become emotionally attached to their cryptocurrencies. They buy a cryptocurrency because they like the chart or the project behind it and become attached to it. Once they have made gains, they don't want to sell because they are attached to the project and absolutely want to hold onto that cryptocurrency, almost out of "love."
It may sound abstract, but it will very likely happen to most of you during this bull market: it's a phenomenon from which you absolutely must detach yourself because it will prevent you from selling your cryptos and making a profit. When you invest in crypto, you're not there to support a project or to fall in love with a crypto: you're there to make money. Forget about the project behind it, take your gains, and get out of there.
Also, if an investment you've made turns bad for X or Y reason, don't be afraid to sell that crypto even if you're at a loss: you'll earn more by reinvesting your gains elsewhere. Psychologically it's difficult, but rationally it's perfectly normal. Put your emotions aside and become a calculator.
It's never good to stay invested for long in such a volatile market as cryptocurrencies: it's the best way to lose your money. Buy your cryptos during the bear market or buy cryptos that are still sideways, wait to make a profit, and get out. You'll come back in a few years, but for now, you have all the time you need to make money to reinvest in the next cycle.
Hoping that some will understand this and apply these tips.
This publication is my own opinion.
Thank you for reading.
If you liked it, don't hesitate to like, comment, share this post, and above all, subscribe, it helps me a lot. You can also tip me to support me financially, as it motivates me to help beginners in this market.
Livio P-V.

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Just received my first ever Binance academy certificate 👌🎉🎉
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