I HAVE JUST EXPAIN TO YOU MY JOURNEY OF TRADING THAT HOW I HAD LOST THESE DOLLARS.
I have started the trading from BINANACE app and I invest 1 k dollar at the start from spot while I had no teacher
i was in trainee at that time one day was will profit the other day was my loss day every month I invested in binance app from my salary
after investing these money would finish in just 4 to 6 days after that I again wait for my salary.
At the end in invested 6 k dollar at one time but there was a coin which has up from 0.92 to 14 dollars I bought this coin in 11 dollars and
unfortunately this coin dip to 2 dollars and I was see my loss in just 10 minutes.
My trading method I just sharing with you tell me where I done a mistake
1: invest in one coin also multiple coin
2: trading was at spot also futures
3.coin was buy from dip they again more dip
4.coin was sell from top they again go up
Kindly share your experience that I m doing a loss you are also a part of my problem so that I want to khow where I done mistake.
You lost $16,000 last year because of your mistake. You should have consulted an experienced teacher before investing or trading so that he would have given you good advice and you would not have lost so much if you took that advice. But you didn't take advice from a good trader and later you lost so much money in future trading or spot trading. You should first know about the market and how you can make a profit if you invest. You lost because you went into trading without knowing about the market, it's mainly your fault because the market often gets volatile due to which people lose their money. That's why you need to know about the volatility so that you don't stop trading and face losses during those times. But you didn't take any such education and you didn't take anyone's advice which is why you got into this situation. But if you were doing spot training it might give you some hope or if you were investing in bitcoins it would give you the most profit. That's why if you want to trade or invest later on, make sure to invest in Bitcoin for a long period of time knowing that it will give you maximum returns.