When I first got into the crypto world, it was a lot worse for me than it was for you. I received tons of new fans DMing me backstage, saying they just came in and didn’t understand anything, losing money every day. Honestly, I totally understand, because when I first entered the coin market, I had it way worse than you. $ETH

Watching the 1-minute K-line—when it went up I chased it, when it went down I cut it. In a single day I could open more than a dozen trades. In three months, my account went from 10k U down to 2,000 U. Today I’m laying out these traps so you don’t have to walk the same road.
First trap: always wanting to buy at the lowest and sell at the highest.
It dips a little, you think it can go lower—so you wait to buy; it rises a little, you think it can go higher—so you wait to sell. Then what happens? You end up missing the run, or getting trapped. The lowest point and the highest point are positions only “gods and fairies” can catch. Why is it always you? Enter in portions, take profit in portions—making money from the middle is enough. I’ll take the fish body; you can have the fish head and tail. $SNDK
Second trap: going all-in with no backup plan.
You feel like you’ve nailed it this time and put everything on the line in one shot. The moment the market turns, your account is wiped out. Ask yourself honestly—when have you really been right? Even if your direction is correct, the market might first move in the opposite direction for a bit before coming back. If you’re all-in, you can’t hold through that segment. Principal is your lifeline—if you don’t give it a way to live, it won’t give you a chance either. $ZEC
Third trap: letting emotions drive your decisions.
Losing money makes you rush to get it back—you go heavy and double down to hold the position. Making money makes you think you’re a genius—you add more and chase higher without taking profit. Both of these states are signs that liquidation is coming. What do you do? Lock in the rules—leave when you’ve lost up to a certain amount, take profit when you’ve gained up to a certain amount. Once it hits, execute it. Don’t let emotions place your trades for you.
To be honest, the people who make money in the crypto market aren’t the smartest—they’re the ones who can rein in themselves the best. Remember these traps, and at least you can cut your losses by half.
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