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.
Your first mistake is that you initiate trading without knowledge which means that you did not understand about any coin and consider every coin as a beneficial coin to give you profit. Other mistake is that you Continuesly trading after your loss, I think if you face loss for certain times then you should stop your trading that time and try to evaluate the reason behind your loss which you did not evaluate.
If you are not good in trading then don't waste your time and money in trading but save your money through investment which will maximise your money as well as reduces your loss. Also remember that if you are spending lots of money on other useless coins then beside it you can invest large sum at once in bitcoin which can be beneficial for you.