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Fegzee1963
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Wow!! 19.00 hours GMT And My $2,000 Nearly disappeared in Smokes It just happened and i nearly panicked with sweat running down my spine. It was on the 13th of April, 19.00 hours. I don't usually sleep or keep away from my screen when trading. Yes, Stop Loss and Take Profit are there, but i prefere my eyes seeing Profit or loss coming and knowing where i am heading. I had stepped away to get a hot cup of hot cappuccino and boom price started dropping on my chart, depleting my $2,000 greatly. After watching for two minutes i jumped out. I had lost $300. I wanted to cry, but smiled and continued watching. The drop continued till 20.00 hours GMT. Hundreds of accounts had been liquidated from my research, especially novices who could not set Stop Loss or those who set at the wrong levels and lost heavily. If you snooze, you lose. No, i won't sleep. I ain't taking that kind of chance anymore. If i can't watch, i close all my trades. I kept watching and after about one hour the prices started climbing again, but slowly, so i entered the market again at this low level with my $1,700. As i write now, my funds had returned though slowly, to $2,100. Not too bad. But prices are still fairly low and uncertain. Watch, study, do your research and don't sleep on your money. My view. #BNB #BTC #Follow4more #HotContent

Wow!! 19.00 hours GMT And My $2,000 Nearly disappeared in Smokes

It just happened and i nearly panicked with sweat running down my spine. It was on the 13th of April, 19.00 hours. I don't usually sleep or keep away from my screen when trading. Yes, Stop Loss and Take Profit are there, but i prefere my eyes seeing Profit or loss coming and knowing where i am heading.

I had stepped away to get a hot cup of hot cappuccino and boom price started dropping on my chart, depleting my $2,000 greatly. After watching for two minutes i jumped out. I had lost $300. I wanted to cry, but smiled and continued watching. The drop continued till 20.00 hours GMT. Hundreds of accounts had been liquidated from my research, especially novices who could not set Stop Loss or those who set at the wrong levels and lost heavily. If you snooze, you lose. No, i won't sleep. I ain't taking that kind of chance anymore. If i can't watch, i close all my trades.

I kept watching and after about one hour the prices started climbing again, but slowly, so i entered the market again at this low level with my $1,700. As i write now, my funds had returned though slowly, to $2,100. Not too bad. But prices are still fairly low and uncertain.

Watch, study, do your research and don't sleep on your money. My view.

#BNB #BTC #Follow4more #HotContent

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Take Risk And Grow Rich Napoleon Hill wrote the book "Think And Grow Rich" and i tell you to "Take Sensible Risk And Grow Rich." Yes, if you wanna get rich, then you must be willing to take business or trading risks. If you stay too scared to venture, then you are likely to remain stuck where you are. But more importantly, you must avoid greed. Don't venture with money that you cannot afford to lose, especially borrowed money. Better to start small than to borrow huge money, make a mistake, get into big debt and get a heart attack. Always take one step at a time and learn carefully with little mistakes for experience. But no matter what, keep trying and learning, and with time you will join the crowd of experienced traders who talk with authority. It is from study and first hand practical trading experiences. Crypto trading is a risky volatile business many will say. They will also tell you that you could lose all your investment. Yes, but if it was not risky, with all that up and down candle stick green and red movement volatility, then it wouldn't be so profitable. So avoid greed. Start with little capital. Study and do your own research. Take one step at a time and learn. Follow those who know the road. Ask questions clearly and humbly. Avoid get rich quick scammers. Study the crypto pairs you want to trade with and understand their movements and technicalities. Then venture and risk to trade bit by bit, starting with SPOT Trading. You will learn, it's just a matter of time and the profits will start coming in and you will cover the past losses. Education is key. See you at the top. #BTC #BNB #write2earn
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Spot Trading, Futures Trading and Margin Trading Compared. Here are some of the key differences between these trading methods: Spot trading Immediate execution: In spot trading, trades are executed immediately at the current market price. Low fees: Spot trading typically has lower fees compared to futures trading. No expiry date: Spot trading does not have an expiry date, so you can hold your positions for as long as you want. Simple: Spot trading is relatively straightforward, making it a good option for beginners. Futures trading Speculation: Futures trading is often used for speculation or hedging against future price movements. High leverage: Futures trading allows for high leverage, meaning traders can make larger trades with smaller amounts of capital. Expiry date: Futures contracts have an expiry date, which means that traders must close their positions before the expiry date. Complex: Futures trading can be more complex and requires greater expertise than spot trading. Margin trading Leverage: Margin trading allows you to borrow funds from a broker to increase your trading position and potential profits. Higher risk: Margin trading is riskier than spot trading because of the increased leverage and the potential for greater losses. More complex: Margin trading can be more difficult and requires greater expertise than spot trading. Higher fees: Margin trading typically has higher prices than spot trading because of the additional costs associated with borrowing funds. Spot trading is better suited for those who want to buy or sell cryptocurrencies at the current market price. In contrast, futures trading is better suited for those who want to speculate on future price movements or hedge against potential losses. At the same time, margin trading is better suited for those who wish to increase their trading position and potential profits through leverage. Understanding the differences between the three is important as choosing the best fits your trading goals and risk tolerance.  Culled from tokenmetrics.com #Binance #BNB #ADA #BTC
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BTC May Hit The $150,000 By August Bitcoin is once again flirting with the possibility of reclaiming a new record after successfully breaching the $65,000 resistance mark. As the maiden cryptocurrency seemingly benefits from the euphoria around the latest United States inflation data, technical indicators suggest that a new record high for Bitcoin is on the horizon. Particularly, in a TradingView post on May 16, crypto trading expert TradingShot suggested that Bitcoin might be in line to clinch the $150,000 target by August 2024. The analyst pointed out that Bitcoin has shown signs of resurgence, buoyed by a recent 25% correction which the expert deemed as normal within bull cycles. TradingShot also observed that Bitcoin had closed above the one-day moving average 50 (MA50) after two consecutive rejections, indicating that Bitcoin’s upward trajectory seems promising. The trading expert also reviewed Bitcoin’s long-term chart, particularly the one-week timeframe, where the crypto appears to be at a cyclical stage. Historically, during similar cycles, Bitcoin has embarked on its most aggressive rallies. Therefore, TradingShot stated that Bitcoin’s recent bounce on the exponential moving average (EMA) ribbon, coupled with its recovery of the mayer multiple SD1, indicates positive momentum. Drawing from these indicators, the analysts suggested that Bitcoin’s next target could be $150,000 by August. These are expert opinions, but are in no way financial advices for you unless you have made your research and understand exactly what to take and what to leave. Please like, comment and follow. Let's play this money game and move to the top together. #BTC #TrendingPrediction
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