I have been around cryptocurrency and trading long enough to have seen just about everything. I have watched people make incredible gains. I have watched people lose money they could not afford to lose. I have watched people jump into a coin because somebody on social media said it was going to 100X. I have watched people buy at the top because they were afraid of missing out, and then panic and sell when the market pulled back.
And one thing has become very clear to me.
One of the most valuable investments you can make in cryptocurrency is not necessarily the next coin you buy. It is the education you give yourself.
That is something I wish every new trader understood before they put serious money into this market.
Crypto Makes It Very Easy to Get Started
That is both the beauty and the danger of cryptocurrency. You can open an account, deposit money and buy a coin within minutes. But being able to buy cryptocurrency does not mean you know how to trade it. There is a huge difference.
I often tell people that I would rather see someone spend money learning how to trade properly than spend thousands of dollars chasing coins they do not understand. Why?
Because once you have knowledge, you can use it again and again.
You Don't Need Someone to Tell You What Coin to Buy
This is where I believe so many people get caught. They are constantly looking for someone to tell them what to buy.
“What coin are you buying?”
“What is going to pump?”
“What is the next Bitcoin?”
“What do you think is going to 100X?”
But eventually you must learn how to make your own decisions.
You need to be able to look at a chart and understand what you are seeing. You need to understand trends. You need to understand support and resistance.
You need to understand entries and exits.
You need to understand risk.
You need to understand when to take a profit.
And just as importantly, you need to learn when to stay out of a trade.
That last one can save you a lot of money.
Trading Is Not About Being Right All the Time
One of the biggest lessons I have learned is that you are never going to be right on every trade.
Nobody is.
The market does not care how confident you are.
It does not care what you think should happen.
It does not care what somebody on YouTube predicted.
The market is going to do what the market is going to do.
Our job is not to control it.
Our job is to learn how to respond to it.
That is why education is so important.
When you understand what you are looking at, you can make decisions based on a plan instead of making decisions based on fear and emotion.
Fear and Greed Can Cost You
I have seen this happen over and over again.
The market starts moving up and suddenly everybody wants in.
People start buying because they are afraid they are going to miss the move.
Then the market turns.
Suddenly everybody is scared.
They sell at the bottom because they cannot handle watching their account go down.
That emotional roller coaster can become exhausting.
Learning how to trade does not remove emotion completely.
We are human.
But education can give you something much more important.
A plan.
Instead of saying, “I hope this goes up,” you start asking, “Where is my entry?” Instead of saying, “Should I sell because everyone is panicking?” you start asking, “Has my setup changed?” Instead of throwing money into a trade because somebody told you it is going to the moon, you start asking, “What is my risk?”
Those are completely different questions.
This Is Why I Believe in HODLNOTS
I created and built HODLNOTS around something I believe very strongly in. People need to learn before they risk their money. The HODLNOTS Foundational Trading Course is not about promising you that every trade is going to make money. There is no such thing. Anyone who tells you they can guarantee that should immediately raise a red flag.
Trading has risk. Cryptocurrency has risk. Markets can move against you. What we can do is teach you the foundations. We can teach you how to understand the market. We can teach you how to read charts. We can teach you about trading concepts, risk management, entries, exits, timeframes and the things that I believe every trader should understand before they start putting serious money at risk.
I Want You to Learn How to Think for Yourself
This is probably one of the most important things I can say. I don’t want you to become dependent on somebody telling you what to buy. I want you to learn enough that you can look at a trade and start thinking for yourself. I want you to be able to say:
“I understand why I am entering.” “I understand where I would get out.” “I understand what I am risking.” “I understand what would make me change my mind.”
And sometimes I want you to be able to say: “This isn’t a good trade for me, so I’m not taking it.” That is trading discipline.
Knowledge Goes with You
Think about the money you spend on a cryptocurrency. That investment can go up. It can go down. It can disappear. The market can change. A project can fail. An exchange can have problems. The entire market can go through a major downturn. But the knowledge you gain stays with you. Once you understand how to read a chart, understand risk and recognize market conditions, you can continue building on that knowledge. That is why I consider education such an important investment.
Don't Ask Me How Much Money You Can Make
Ask me how much you can learn. That is the question I would rather hear. Because if you focus only on making money, you can become impatient. You start forcing trades. You start chasing. You start taking risks you shouldn’t take. But when you focus on learning, something changes. You begin to understand that sometimes the best trade is no trade. You begin to understand that protecting your capital matters. You begin to understand that you don’t have to catch every move. And you begin to understand that successful trading is not about getting lucky once. It is about developing a process.
Your Education Can Become Your Foundation
This is exactly why I believe the HODLNOTS Foundational Trading Course can be such a valuable investment. Not because I can promise you profits. I can’t. Nobody honestly can. But because learning how the market works can completely change the way you approach cryptocurrency. You go from guessing to analyzing. From chasing to planning. From reacting to thinking. From relying on somebody else’s opinion to developing your own understanding. And that is a very powerful change.
Start With the Foundation
If you are brand new to cryptocurrency, don’t feel like you must know everything. You don’t. If you have been trading for a while and still feel like you are guessing more than you are trading, don’t be embarrassed. You are not alone. I have talked to so many people who have been in crypto for years but never actually learned the foundations. They know the names of hundreds of coins. They know how to use an exchange. They know how to place a buy order. But they don’t really understand the market. That is fixable. You can learn. You can improve. You can start over with a proper foundation.
I Believe Education Can Change Your Trading Life
And that is really what I want people to understand about HODLNOTS. This isn’t about finding some magic indicator. We do have our own great ones though. It isn’t about finding a secret coin. It isn’t about promising overnight riches.
It is about education. It is about giving yourself a foundation. It is about learning how to look at the market differently. And hopefully, over time, becoming a much more confident and disciplined trader. I have always believed that if you want to change your results, sometimes you have to change what you know.
Your Next Investment Could Be an Investment in Yourself
You can spend $1,000 chasing the next coin.
Or you can spend less than that with time and money learning how to understand what you are actually doing. The coin might make you money. It might not. But the knowledge you gain can continue to help you long after that particular trade is over. That is why I believe the HODLNOTS Foundational Trading Course can be a life changing investment. Not because it guarantees you success. But because education gives you the opportunity to become responsible for your own decisions.
And that is something I want for every person who comes into this market. Don’t blindly follow. Don’t chase. Don’t trade because somebody told you that something is going to the moon. Learn. Understand. Practice. Build your confidence. And then make your own decisions. That is what HODLNOTS is about.
If you are ready to start building your foundation, I invite you to take a look at the HODLNOTS Foundational Trading Course.
Self-Paced Foundational Course
I can’t promise you what the market will do. Nobody can. But I can tell you this. The more you understand, the better prepared you are to face whatever the market brings next. And sometimes the best investment you can make isn’t sitting in your wallet. It’s sitting between your ears.
Learn the market. Build your foundation. Trade with knowledge.
Cryptocurrency and trading involve significant risk. Education does not guarantee profits or eliminate the possibility of loss. The HODLNOTS Foundational Trading Course is educational in nature and is not financial advice.
Wendy Landman
Written by Wendy Landman, Founder and Lead Trainer & Analyst at Hodlnots
