Around the end of October 2024, a friend at work told me that "if you buy crypto, you can make money even while you're on vacation," so I downloaded the Binance App. I didn't know anything about trading terminology at the time, so I didn't even understand the difference between Spot and Futures. I simply wanted to buy coins and opened an account.
The first lesson — the dangers of leverage
I first encountered the term "leverage" when I had no trading knowledge at all. I opened a position with 30x leverage, and within a short time, the entire position was liquidated. I still can't forget the feeling I had at that time — "How can money disappear so quickly?" I was surprised. But this mistake taught me why "Risk Management" is so important.
After that incident, I didn't quit trading at all. Instead, I opened Binance Academy and started learning from the Basic Courses. Only after practicing with demo trading did I start trading with real money. I learned the DCA (Dollar Cost Averaging) method and started buying Bitcoin systematically, not investing all my money at once, but by accumulating a small amount of Bitcoin every month.
Learning the lesson and getting good results
When I saw the value of my BTC portfolio built using DCA during the 2025 Bull Run, I didn’t panic like I used to. I was able to be patient during the price fluctuations, and Binance’s Price Alert Feature and Portfolio Tracker also helped me a lot in my decision-making. From that moment on, I realized that trading is not a “get rich quick” method, but a “long-term journey that requires disciplined management.”
In conclusion, this journey from the day of Liquidation to building a stable portfolio using DCA over the past 1.8 years has taught me a lot. I have come to believe that the most important thing in Crypto Trading is not “get rich quick” but “continue to study and understand and manage risk.”
