NO INVESTMENT IN THE BULL MARKET!!! ⚠️
One of the most common mistakes made by NEW TRADERS is investing their money, or sometimes even their entire savings, during a crypto BULL RUN.
This excitement often comes from seeing initial profits, leading them to believe the market will continue its upward trajectory. Additionally, the scammers promoting investment in sh*t coins exacerbates the situation, leaving newcomers vulnerable to making uninformed decisions. For instance, a friend of mine invested a significant sum in Student Coin ($STC) during the peak of the bull market, only to lose all of it as the market began to decline. It's crucial to understand that a bull run is not the ideal time for LONG TERM INVESTMENTS; instead, it presents an opportunity for TRADING and realizing PROFITS. Investing during a bull run significantly increases the risk of losing your CAPITAL.
It is a good practice to consider investing when market sentiment is at its LOWEST, rather than during periods of heightened optimism. These are my personal experiences not financial advice!
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