There are two ways to succeed as a trader, luck or expertise. I have seen people that jumped on a Crypto trading wagon and had the chance to buy meme coin that turned them into a millionaire and I have seen experienced traders for the past 7 years still struggle to get a break in trading crypto. One of the first things to understand is that crypto can make your life a rollercoaster and you need to know how to make the right decision. One of the first things to get over as a trader is GREED AND EMOTION. These two will keep you on the spot or drag you down even into a hole far from the trading starting point. These two factors apply to Forex trading as well.
I have seen young folks focus all their lives on trading crypto instead of placing the right value on themselves, and this is one of the problems with many traders. GREED and EMOTION are secondary to the main life error.
I used to be a full-time crypto dude, and I sure made and lost a of money. At one point, I went completely broke due to bad trading decisions. There are factors beyond the technical and fundamental analysis in trading assets and this is one thing that can drive you to fail as a trader.
With no further ado, before you focus on trading, get a stable job or have a way to earn consistently. Crypto is not the only way to be extremely rich. So, it should not be the one thing on your lens to succeed or be rich.
Having a proper business and using crypto as a secondary means of income will keep you in the right place. You cannot HODL if you do not have another means of income. No matter the price of the asset in the market you will sell to survive.
As I said, luck can work for you but you need to place your survival on another means and make crypto another source of income.
It is the BULL SEASON, Enjoy the ride.
