Here is the truth: “When I first got into crypto, I had no idea what I was doing.”Continue reading on Coinmonks »Here is the truth: “When I first got into crypto, I had no idea what I was doing.”Continue reading on Coinmonks »
How I Made My First Profit in Crypto (and What I Learned)
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Everyone was talking about crypto. Friends, coworkers, even my barber, so I decided to buy my first crypto too.
With no plan, no strategy, and just pure curiosity, I lost half my money fast. But that painful start became the moment I realized I had to actually learn the game if I wanted to win it.
Learning the Basics (the Hard Way)
Instead of quitting, I decided to understand why I lost.
That’s when I discovered charts, patterns, and technical analysis. I stumbled onto TradingView, where people shared their setups and analysis in ways that actually made sense.
I started reading about support and resistance, watching how prices moved around key levels, and trying to spot trends. It felt like learning a new language at first, but the more time I spent looking at charts, the more things started to make sense.
One day, I noticed that Bitcoin had bounced off the same price level multiple times. I thought, “If it’s holding again, maybe this is my chance.”
So I made a small trade. This time with an actual plan. I set an entry, a stop loss, and a target.
Market Opportunity
Swarm Network Price(TRUTH)
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