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)

2025/10/23 21:08
Press enter or click to view image in full size

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 Logo
Swarm Network Price(TRUTH)
$0,012914
$0,012914$0,012914
-0,97%
USD
Swarm Network (TRUTH) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.