Hello, I'm a new trader. I started a month ago. I deposited $100, and now I've lost $40. Any advice for me? I watched some YouTube videos and found a technical analysis video which helped a lot. I started not losing as much. Sometimes I even earn. But even though, I feel so lost. Like every day, I see some random coins get boosted. Some people earn from how they know that coin will go up. I'm sorry for my bad English; it's not my first language.
I am also a newcomer to this field, but I, for example, decided to start not with trading, but with finding interesting projects in which to perform activities. Of the latter, it was Linea Park. Low costs, activities are quite simple, after the update from ETH, even gas was quite cheap. Among the disadvantages of this area (let's call it drop hunting), you don't know how much you will get, when and if you will get it at all. I'm still learning the basics of trading, but technical analysis is very difficult. I can't even imagine how much time it takes to find your own strategy and make it at least a small percentage profitable.
It's not really easy to learn trading, especially in the crypto space. It really takes time, willingness, determination, and self-discipline; don't be greedy, and there's a lot to consider. We need to be persistent, just like we study in school.
Don't be in a hurry to get income; we should always prioritize learning. Even if we say that we already know how to earn here in crypto, don't stop learning even if the time comes for us to be successful here.