My First 'Brilliant' Crypto Mistake on Binance and Lessons Learned

Reflecting on the first 'brilliant' mistake made on Binance, I recall my initial day on the platform. I was so confident as a trader that I decided to invest all my money in SHIB, convinced that 'dogs are adorable and will surely fly to the moon!' I bought at the peak, of course. An hour later, I saw a 30% loss. Panic struck! I quickly sold everything at a loss. A week later, SHIB increased tenfold. That was when I understood the main rule of crypto: buy on fear, sell on greed... or perhaps the opposite? 🤔 Since then, I have studied what HODL, DCA mean, and why it's unwise to listen to TikTok cats promising 'quick 100x returns.' Now, I trade more calmly, using stop losses, and sometimes even make a profit! Thanks to Binance for giving me the opportunity to learn from my own mistakes rather than others’ money (though losing my own is still not very pleasant 😅). Congratulations on 8 years, Binance! 🎉 Thank you for making crypto accessible to everyone, even beginners like I once was. May the coming years bring more innovations, and may all our portfolios turn green at last! 🚀💚