Well you just have to accept the reality that all coins will be old because new ones keep coming everytime and what people are mostly interested in is the profit they will make. That's why the saying that don't marry a coin is valid so everyone should remember and take profit.
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Seems to me like the same set controlling these projects , let everyone be cautious of investing and invest what you can afford to lose. Remember it's meme and not to be too serious with it. Don't be greedy when you decide to invest.
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It's good to wait for the right set up always, but it also depends on your strategy and how often it appears on the chart. I have a trader that did 100 trades I three weeks. That's based on his strategy, so it all depends on your strategy and how it's working for you.
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Encouragement is needed for everyone especially new traders and that's why posts like this are good. Encouraging new traders gives them confidence to keep pushing and learning until they become successful. It's also important that traders are passionate about learning which gives them confidence also.
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To know that you can't always be right I trading helps you accept the reality of taking losses. For me what's important is my win rate which also shows how good your strategy is base on RR. Everyone loses but not everyone wins consistently to recover the loses.
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Solana chain has been consistent with meme coins and its been a good one for the chain. For me I think Solana chain has been the easiest and consistent so far for meme coins production which has helped the chain alot. Alot of people has prediction for Solana on four figures in this bull cycle but I keep my mind open to see what will happen.
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Thats why a trader needs to keep learning and always learn and practise as much as you can, thats what will eradicate the fears and pressure. as soon as you make your analysis and place your trade then you dont have a power over the market to make it go your way. all you can do is to cut your losses if you are concerned. thats why you need to test your strategy over and over, this builds confidence and helps you know how to adjust it.
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Everything is all about patience in trading, its one of the most important things you need all through your trading journey. the more you advance in the journey the more you see the importance of patience and the more you are able to remain patient before trading, after your analysis, waiting for set up to play out, waiting for trade to hit target.
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These two traits usually go together, as a gambler you need some level of confidence to be able to win, after winning the confidence builds up and then gives more energy to pursue more profits even after hitting a target if they had one. this is the point where greed sets in. These two also affect people in real life in almost all things.
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most times its usually testimonies of few big winners that makes this kind of people go into gambling afterall. In general, its just a few portion of them that do it actually because gambling is pleasing and appealing with a quick return on investment bait which later pulls people in especially those who didnt plan on gambling.
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Losing money in trading is a normal thing but how well are you managing your losses and how many wins do you have ? How many wins do you need to cover your loses? These are some important questions that traders need to ask. No trader will escape losing money neither as a newbie or a pro but these are also good points you have highlighted.
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It's a capital NO, don't get too excited or attached to a coin such that it makes you think so high of it doing a outrageous figure. Things don't work that way. You should rather work on how to take profit when you see one. Looking at the market cap alone will tell you it's not possible.
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It seems you might have invested what you couldn't afford to lose which is against the rule of the game. And also it seems you might have bought some kind of top, well I won't advise you to sell your sofa and invest. I hope you can hold amd everything turns good for you and incase of next time always prepare some USDT to buy dips when it happens.
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Most people that are tricked with lines like that are novice, these taps has really brought in alot of newbies to tye crypto world and some people are taking advantage of them by promising them quick rich profits by simply tapping or even them paying to learn how to tap. That's not good enough. But people need to wake up from there sleep, thing ain't that easy.
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Your project idea is what matters before you consider listing on these sites. That's one thing that people are interested in. Except you wanna make a meme coin and get listed , that could attract people that wants a quick flip of profit. But get the main priorities right before considering these ones.
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Maybe you need to fill the application more often but I am sure they do approve projects, it just varies. One time I heard some people do help to make it faster but I don't know how well and true that is. You should try to apply to coingecko as well , they might approve it faster and will make it easier for CMC to approve as well.
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You have said it all. I would say trading needs a lot of work to be put in place and most people don't really have the right guide on how to get going. Majority of people also quit early enough so they just give up. For anyone who is fully determined to be a trader then you don't need to rush things. Don't rush Please, take your time and get it right. If it takes 4-5 years to study in a university then you should be patient enough to learn trading for 1-2 years consistently, if not then trading is not for you.
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That's just the simple truth, statistically profitable traders are not up to 15% of the total traders. Social media has made it easy for people to fake things d alot of people get tricked by videos , courses , fake payout and so on. The more you look the less you see. So just be careful and know what you you will venture into and don't fall for any tricks on social media.
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The question is that how many traders are ready to be patient ? Right set up takes time and what most people do is try to think for the market as to quesing the next moves and then something else happens which takes them out of trade most of the times Everyone makes this mistake and that's just how it is. It's the patience to wait for the set up to fully play out that matters. Patience is a key for traders.
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That dosent work any more now because lots of them do get banned. But there is nothing like Airdrop hunters are the ones that make a project token dump. How can a 1% be responsible for token dump ? The idea of ICO dosent work nowadays and its more difficult now to earn from airdrop especially the ones that you will farm for months or years and still get small reward.
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