✏️Learn with us the term "Rekt" in the world of crypto 📝

🚨What is Rekt❓

It is a term taken from the English word "Wrecked"(crash or complete loss).

It is used in the world of digital currencies to describe the situation of an investor who has lost a large part or all of his money due to wrong decisions or market fluctuations.

💡When does Rekt occur❓

📌When investing without study or analysis.

📌Due to haste or emotional trading,such as buying at the tops or selling at the bottoms.

📌When exposed to fraud or fake currency projects.

✍️Examples of scenarios⤵️

An investor bought a currency when it was at its highest price,then the market suddenly collapsed.

A person entered with high leverage and lost all his capital.

🟦How to avoid becoming Rekt?

📌Don't invest more than you can afford to lose.

📌Do careful research before buying any currency.

📌Control your emotions and avoid FOMO or panic decisions.

📌Use risk management strategies such as Stop Loss.