I've noticed that most beginners in crypto make the same mistake: they focus on what is happening here and now but forget about the bigger picture. This also applies to choosing the timeframe for trading.

The market structure is simple: each trade has a winner and a loser. According to broker statistics, 80% of traders lose money, and in crypto, this number is even higher. And this is not a coincidence but a pattern. If everyone were winning, the market simply couldn't exist.

Why do most traders who trade on daily timeframes lose? Because they let emotions control their decisions. Greed whispers: take leverage, increase the deposit, don't set stop-losses, maybe sell at breakeven. That's how margin trading and debts originate.

Greed is a psychological state that can be changed. But when it leads to debts and desperate attempts to recover losses with leverage, it becomes dangerous. Even experienced traders sometimes can't handle it.

Therefore, the first rule: abandon margin. The second: choose the right timeframe for your strategy. Don't trade against the trend.

I look at the monthly timeframe for BTC. RSI across different periods: monthly 58 (neutral), weekly 78 (overheated, consider locking in some profit), daily 61 (neutral), four-hour 58 (neutral). Currently, the medium- and long-term trend is upward. You should trade with the prevailing wind.

It's important to work according to a long-term strategy and not succumb to emotions. Stay in an emotionally stable state, without margin positions, so that money factors do not pressure your psyche. When choosing a timeframe, remember: the higher it is, the more significant it is for the overall picture.

Don't let fear and greed take over your mind. News will present the most negative scenarios, but if you stick to your strategy and control risks, it shouldn't shake you. Periodically lock in profits, especially when indicators show overheating. That is the essence of long-term capital growth.