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Hyder
1.3K posts
How I made some money with Crypto.
Time- 4 Years
Earnings- A few Hundred Bitcoins.
A Thread.
1. Started because I wanted to be rich.
Raised in a middle class family, there was always enough to eat but that's about it.
Wanted to get rich and get 100% output of my efforts.
2. Blew up my account thrice.
Lost all I had saved. Lost the money I borrowed from mom.
Lesson-
-Trade with only your money. Never borrow.
-Manage risk. I have a few classes on it. If you don't do it, you will lose your money 100%.
3. Bought Neo early and held on.
Bought ETH, Dash in early 2017.
Almost lost all gains in the PA of 29th Nov 2017.
Tip- Exit when Twitter gives insane targets.
4. Made most of my money scalping/swing trading BTC. This is what I got good at and stuck with it.
Risk low. Keep clicking. You will grow an edge.
Get in the zone of not being Fearful about open trade.
Fearful = Too high position size
5. Avoided all unnecessary things in life.
Crypto will reward you if you give it time and your attention.
I avoid anything that's not family or Crypto.
News, gossips, politics don't deserve my time.
Concentrate your energy.
6. Find projects you will hold for life.
Look for real world use, long term projects, public founders, with a lot of stash and low competition.
And keep buying.
7. Keep trading. I can't emphasise how much it helped me to trade more and more.
I can understand the market so much better now due to my experience of observing.
8. I don't use too high leverage.
Always have a solid reason for entering.
I don't use the common retail Indicators. There is no edge there.
9. I started with low Capital. I don't want to reveal how much or people are going to assume
'I need this much to start'
Start with what feels right.
Start with what you can afford to lose but it should hurt if you lose it, but not ruin your life.
10. Don't go all in. Study my classes on risk Management. Keep risk at 1-3%.
You will get rich if You go slow, no need to rush and risk your sanity
11. How did I keep going after losing it all?
I had no choice. I had given too much time to trading Options, I couldn't go back to a normal Job
IMPORTANT-You won't succeed if you let Twitter influence you. If you really wanna trade, don't be active on social Media.
I have endured the pain of listening to others, lost so much money there.
Don't listen to anyone, including me.
Conclusion.
Risk low. Trade more. Make friends. Grow an edge.
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@ZBakhtair30277 @FaizMBaluch Man ham Baloch aan 🤩 When they gave us admissions and scholarships in elite universities, we rebelled. And those same people studied from there and then became rebels. In Baloch society, women are given so much respect, yet you people turned them into suicide bombers. Sharm kan
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@nehalzzzz1 Not ready 😥 all money stuck in previous trades which are going in losses
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$JOE, the momentum isn't playing out as I expected. You can close it now since it's back at breakeven, right where we took the entry.
$JOE CLOSED.
HaxKai@chartexpt
$JOE Don't jump in blindly wait for a pullback or a breakout, otherwise, you'll get stuck. Breakout point daily close above 0.0508 Pullback area around 0.04552 - 0.04680 Sl daily close below 0.04340. This is not financial advice, just a chart idea. DYOR.
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@nehalzzzz1 That's why I am here. I am spending sleepless nights. Hopefully I'll get one for my family
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@Hyder_Asia A month ago i was in the same position all thanks to crypto bought my own house
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Moving my primary updates to Telegram. Big players (whales) on X are tracking our entries, causing shakeouts. To stay safe and avoid manipulation, join me on TG for first-hand alerts.
t.me/HaxKaii
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@nehalzzzz1 Bro tell us about $PEOPLE. Last it went down. I couldn't book profit.
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