Today I realized that the market is neither good nor bad; I’m the one who makes mistakes or gets things right based on my decisions. When my confidence leads me to go all in or use too much leverage, thinking everything will work out just because I believe it will, and then I see everything going wrong, I start cursing cryptocurrencies or the market manipulators. It all depends on me. I learned that today.
If I could give one piece of advice to those who are just starting out, it would be to check the leverage before entering a trade. Not all trades use the same leverage; some range from 10× to 150×. Never use it all—or, if you do, never use more than 1% of your available capital. Above all, don’t give up, because success lies beyond fear.
If I could give one piece of advice to those who are just starting out, it would be to check the leverage before entering a trade. Not all trades use the same leverage; some range from 10× to 150×. Never use it all—or, if you do, never use more than 1% of your available capital. Above all, don’t give up, because success lies beyond fear.
