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Ethan's $80K Crypto Saga: A Classy Lesson in Loss and #InvestSmart Resilience.1. Early Start in Investing: Ethan Nguonly, a 22-year-old software engineer, began investing in the stock market with parental guidance before his teenage years.2. Impressive Portfolio Growth: His current portfolio boasts nearly $135,000 in retirement and brokerage accounts, along with ownership of two houses.3. Major Financial Setback: However, Nguonly faced his biggest financial mistake, losing approximately $80,000 between November 2021 and June 2022 by investing in crypto on margin.4. Margin Investing Details: Nguonly invested $40,000 in bitcoin and ethereum, plus a few hundred dollars in altcoins. In a bullish market, he decided to buy an additional $15,000 on margin.5. Brief Success and Drastic Turn: Initially, Nguonly saw gains of about $50,000 as bitcoin reached its all-time high, but the crypto market reversed by the summer of 2022, leading to a 70% crash in bitcoin's price.6. Overleveraging and Margin Call: Investing with borrowed funds exposed Nguonly to heightened losses. Facing a margin call, he had to sell a significant portion of his holdings to cover the loan cost.7. Caution on Margin Trading: Investing on margin can amplify both gains and losses. Understanding the risks is crucial, as demonstrated by Nguonly's experience with the volatile crypto market.8. General Investment Risks: Investing in cryptocurrency always carries risk, even during market peaks. Experts advise investing only what you can afford to lose and avoiding techniques like options trading or margin investing if not fully understood.9. Reflecting on Regrets: Nguonly doesn't regret investing in crypto but acknowledges being overly optimistic. His critical error was overleveraging and investing money he didn't have on hand.10. Key Lesson Learned: The $80,000 mistake taught Nguonly a valuable lesson: "only invest money you have and don't go un-leveraged into very speculative investments."11. Shift in Investment Strategy: Despite continuing to invest in cryptocurrency, Nguonly now focuses on established tokens like bitcoin and ethereum, steering clear of riskier altcoins.12. Evolution of Risk Tolerance: With a larger portfolio, Nguonly's risk tolerance has decreased. He now opts for less speculative investments such as exchange-traded funds (ETFs) and real estate.$BTC #hodl #BTC #Loss #CryptoMarketDynamics #DYOR🟢 $ETH $DOGE

Ethan's $80K Crypto Saga: A Classy Lesson in Loss and #InvestSmart Resilience.

1. Early Start in Investing: Ethan Nguonly, a 22-year-old software engineer, began investing in the stock market with parental guidance before his teenage years.2. Impressive Portfolio Growth: His current portfolio boasts nearly $135,000 in retirement and brokerage accounts, along with ownership of two houses.3. Major Financial Setback: However, Nguonly faced his biggest financial mistake, losing approximately $80,000 between November 2021 and June 2022 by investing in crypto on margin.4. Margin Investing Details: Nguonly invested $40,000 in bitcoin and ethereum, plus a few hundred dollars in altcoins. In a bullish market, he decided to buy an additional $15,000 on margin.5. Brief Success and Drastic Turn: Initially, Nguonly saw gains of about $50,000 as bitcoin reached its all-time high, but the crypto market reversed by the summer of 2022, leading to a 70% crash in bitcoin's price.6. Overleveraging and Margin Call: Investing with borrowed funds exposed Nguonly to heightened losses. Facing a margin call, he had to sell a significant portion of his holdings to cover the loan cost.7. Caution on Margin Trading: Investing on margin can amplify both gains and losses. Understanding the risks is crucial, as demonstrated by Nguonly's experience with the volatile crypto market.8. General Investment Risks: Investing in cryptocurrency always carries risk, even during market peaks. Experts advise investing only what you can afford to lose and avoiding techniques like options trading or margin investing if not fully understood.9. Reflecting on Regrets: Nguonly doesn't regret investing in crypto but acknowledges being overly optimistic. His critical error was overleveraging and investing money he didn't have on hand.10. Key Lesson Learned: The $80,000 mistake taught Nguonly a valuable lesson: "only invest money you have and don't go un-leveraged into very speculative investments."11. Shift in Investment Strategy: Despite continuing to invest in cryptocurrency, Nguonly now focuses on established tokens like bitcoin and ethereum, steering clear of riskier altcoins.12. Evolution of Risk Tolerance: With a larger portfolio, Nguonly's risk tolerance has decreased. He now opts for less speculative investments such as exchange-traded funds (ETFs) and real estate.$BTC #hodl #BTC #Loss #CryptoMarketDynamics #DYOR🟢 $ETH $DOGE
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🚨📉 Lost 20% of my portfolio 🥲📉 Today was going on very well the markwt was rising and i made good profit . But just When you make good profit You get into Greed. That’s where you make losses. I was In 5 Positions ( All long ) when The crash happened And now my 20% of future portfolio is wiped. But no worries It happens and i would bounce back. but one thing is Btc is way way more unpredictable these days then it used to be earlier Also Lesson learnt. Never be greedy Never trust Btc too much 😅 Did you guys also lost some money ? in this mini crash #BtcUpdate #Loss
🚨📉 Lost 20% of my portfolio 🥲📉

Today was going on very well the markwt was rising and i made good profit . But just When you make good profit You get into Greed. That’s where you make losses. I was In 5 Positions ( All long ) when The crash happened And now my 20% of future portfolio is wiped. But no worries It happens and i would bounce back. but one thing is Btc is way way more unpredictable these days then it used to be earlier

Also Lesson learnt.

Never be greedy

Never trust Btc too much 😅

Did you guys also lost some money ? in this mini crash

#BtcUpdate #Loss
Whale's $AAVE Transaction Overview: A $5M LossWhale's $AAVE Transaction Overview: A $5M Loss 🐋 Whale's Activity - Deposited 264K $AAVE ($22.56M) to #Binance at $85.48 within the last 2 days. - Withdrew 364K $AAVE ($35.97M) from #Binance during the period between Nov 6 and Nov 9. 💰 Current Holding - The whale currently possesses 100K $AAVE ($8.45M). 📉 Total Loss - The whale incurred a substantial loss, totaling nearly $5M. 📅 Timeline of Transactions - Recent deposit and withdrawal activities indicate dynamic movements within a short timeframe. 🤔 Implications - The whale's actions prompt speculation about the factors influencing such significant transactions. - Market watchers may analyze the potential impact on $AAVE's value and overall market sentiment. 📊 Market Dynamics - The whale's activity adds a layer of complexity to understanding the ongoing dynamics of the $AAVE market. - Traders and investors may closely monitor subsequent developments for insights into market trends. 💡 Considerations - The whale's decisions could be influenced by various factors, including market conditions, project developments, or personal strategies. - The $5M loss raises questions about risk management strategies in volatile crypto markets. 🔄 Dynamic Crypto Landscape - This incident underscores the ever-evolving nature of the cryptocurrency landscape, where large transactions can shape market perceptions. 📈 Market Response - Observers await the market's response to the whale's actions, anticipating potential ripples in $AAVE's value. 🔍 Monitoring Trends - Traders and analysts are likely to keep a close eye on subsequent movements, aiming to decipher broader trends in the crypto space. Conclusion: The whale's recent $AAVE transactions, involving substantial deposits, withdrawals, and an overall loss of $5M, have become a focal point in the crypto community. This occurrence invites speculation and analysis, highlighting the intricate nature of cryptocurrency markets. #aave/usdt #AAVE #Write2Earn #BTC #Loss Guys we need your support ! Just $1 tip for a galaxy of ideas. Your pocket change, our research game changer. Let's tip the scales together!😇😇

Whale's $AAVE Transaction Overview: A $5M Loss

Whale's $AAVE Transaction Overview: A $5M Loss
🐋 Whale's Activity
- Deposited 264K $AAVE ($22.56M) to #Binance at $85.48 within the last 2 days.
- Withdrew 364K $AAVE ($35.97M) from #Binance during the period between Nov 6 and Nov 9.
💰 Current Holding
- The whale currently possesses 100K $AAVE ($8.45M).
📉 Total Loss
- The whale incurred a substantial loss, totaling nearly $5M.
📅 Timeline of Transactions
- Recent deposit and withdrawal activities indicate dynamic movements within a short timeframe.
🤔 Implications
- The whale's actions prompt speculation about the factors influencing such significant transactions.
- Market watchers may analyze the potential impact on $AAVE 's value and overall market sentiment.
📊 Market Dynamics
- The whale's activity adds a layer of complexity to understanding the ongoing dynamics of the $AAVE market.
- Traders and investors may closely monitor subsequent developments for insights into market trends.
💡 Considerations
- The whale's decisions could be influenced by various factors, including market conditions, project developments, or personal strategies.
- The $5M loss raises questions about risk management strategies in volatile crypto markets.

🔄 Dynamic Crypto Landscape
- This incident underscores the ever-evolving nature of the cryptocurrency landscape, where large transactions can shape market perceptions.
📈 Market Response
- Observers await the market's response to the whale's actions, anticipating potential ripples in $AAVE 's value.
🔍 Monitoring Trends
- Traders and analysts are likely to keep a close eye on subsequent movements, aiming to decipher broader trends in the crypto space.

Conclusion:
The whale's recent $AAVE transactions, involving substantial deposits, withdrawals, and an overall loss of $5M, have become a focal point in the crypto community. This occurrence invites speculation and analysis, highlighting the intricate nature of cryptocurrency markets.
#aave/usdt #AAVE #Write2Earn #BTC #Loss
Guys we need your support ! Just $1 tip for a galaxy of ideas. Your pocket change, our research game changer. Let's tip the scales together!😇😇
PDA coin is not showing a single sign of going up. Will it go up in the future? Should we hold it? #PDA #down&Down #Loss
PDA coin is not showing a single sign of going up.

Will it go up in the future?

Should we hold it?

#PDA #down&Down #Loss
🚨 𝗕𝗲𝘄𝗮𝗿𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗧𝗼𝗽 𝟭𝟬 𝗖𝗿𝘆𝗽𝘁𝗼 𝗥𝘂𝗴 𝗣𝘂𝗹𝗹𝘀 𝗶𝗻 𝗗𝗲𝗙𝗶! 💔 Investors faced staggering losses: 1. 💸 OnceCoin - Over $4 Billion gone! 2. 💸 Thodex - Over $2 Billion vanished! 3. 💸 AnubisDAO - A staggering $60 Million lost! 4. 💸 Uranium Finance - Witnessed $50 Million disappearing! 5. 💸 Meerkat Finance - A whopping $31 Million wiped out! 6. 💸 Arbix Finance - A shocking $10 Million drained! 7. 💸 Luna Yield - Investors lost $10 Million! 8. 💸 Snowdog - A chilling $10 Million melted away! 9. 💸 Squid Game - A game gone wrong, $3.36 Million lost! 10. 💸 TurtleDex - $2.4 Million shell-shocked investors! 🚀 Learn from these cautionary tales and stay vigilant in the crypto space! 🚫🔒 #RugPull #Loss
🚨 𝗕𝗲𝘄𝗮𝗿𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗧𝗼𝗽 𝟭𝟬 𝗖𝗿𝘆𝗽𝘁𝗼 𝗥𝘂𝗴 𝗣𝘂𝗹𝗹𝘀 𝗶𝗻 𝗗𝗲𝗙𝗶! 💔

Investors faced staggering losses:

1. 💸 OnceCoin - Over $4 Billion gone!

2. 💸 Thodex - Over $2 Billion vanished!

3. 💸 AnubisDAO - A staggering $60 Million lost!

4. 💸 Uranium Finance - Witnessed $50 Million disappearing!

5. 💸 Meerkat Finance - A whopping $31 Million wiped out!

6. 💸 Arbix Finance - A shocking $10 Million drained!

7. 💸 Luna Yield - Investors lost $10 Million!

8. 💸 Snowdog - A chilling $10 Million melted away!

9. 💸 Squid Game - A game gone wrong, $3.36 Million lost!

10. 💸 TurtleDex - $2.4 Million shell-shocked investors!

🚀 Learn from these cautionary tales and stay vigilant in the crypto space! 🚫🔒

#RugPull #Loss
#Trading is not about only #Profit #Loss it involves whole lot of emotions, hard work and patience, it is roller coaster ride and every day of trader's life is difficult.
#Trading is not about only #Profit #Loss it involves whole lot of emotions, hard work and patience, it is roller coaster ride and every day of trader's life is difficult.
🚨📉 Lost 20% of my portfolio 🥲📉 Today was going on very well the markwt was rising and i made good profit . But just When you make good profit You get into Greed. That’s where you make losses. I was In 5 Positions ( All long ) when The crash happened And now my 20% of future portfolio is wiped. But no worries It happens and i would bounce back. but one thing is Btc is way way more unpredictable these days then it used to be earlier Also Lesson learnt. Never be greedy Never trust Btc too much 😅 Did you guys also lost some money ? in this mini crash #BtcUpdate #Loss
🚨📉 Lost 20% of my portfolio 🥲📉

Today was going on very well the markwt was rising and i made good profit . But just When you make good profit You get into Greed. That’s where you make losses. I was In 5 Positions ( All long ) when The crash happened And now my 20% of future portfolio is wiped. But no worries It happens and i would bounce back. but one thing is Btc is way way more unpredictable these days then it used to be earlier

Also Lesson learnt.

Never be greedy

Never trust Btc too much 😅

Did you guys also lost some money ? in this mini crash

#BtcUpdate #Loss
GOOD Morning, Afternoon and Evening Everyone I just want to say Merry Christmas to all of you. Today I loss all of my money since i got liquidated by this crypto not all crypto is for everyone. The money that I used to trade is for my baby daughter future and now it's gone because of my stupidity all I want is to have my daughter have a good future and now i ruin it. Hope this wont happened to every because its sucks knowing that all the money that you trade was gone. Once again Merry Christmas to all of you. life must go on. $ #BinanceWish #Loss
GOOD Morning, Afternoon and Evening Everyone

I just want to say Merry Christmas to all of you. Today I loss all of my money since i got liquidated by this crypto not all crypto is for everyone. The money that I used to trade is for my baby daughter future and now it's gone because of my stupidity all I want is to have my daughter have a good future and now i ruin it. Hope this wont happened to every because its sucks knowing that all the money that you trade was gone.

Once again Merry Christmas to all of you.

life must go on.
$
#BinanceWish #Loss
#WHALES MANIPULATION AT 🔥🚀🚀Eaten our SL #Stop #Loss hits 🥺 first time in my biance square
#WHALES MANIPULATION AT 🔥🚀🚀Eaten our SL

#Stop #Loss hits 🥺
first time in my biance square
🏅𝟒 Common Mistakes of Traders! 🧵 #𝟏. 𝐎𝐯𝐞𝐫 𝐓𝐫𝐚𝐝𝐢𝐧𝐠#𝟐. 𝐎𝐯𝐞𝐫 𝐔𝐬𝐚𝐠𝐞 𝐨𝐟 𝐈𝐧𝐝𝐢𝐜𝐚𝐭𝐨𝐫𝐬#𝟑. 𝐆𝐚𝐦𝐛𝐥𝐞𝐫'𝐬 𝐌𝐢𝐧𝐝𝐬𝐞𝐭 #𝟒. 𝐅𝐨𝐥𝐥𝐨𝐰𝐢𝐧𝐠 𝐭𝐡𝐞 𝐇𝐞𝐫𝐝 #𝟏. 𝐎𝐯𝐞𝐫 𝐓𝐫𝐚𝐝𝐢𝐧𝐠Overtrading is a problem that many beginners and experienced players in the market face.Remember , Quality will always be over quantity. #𝟐. 𝐎𝐯𝐞𝐫 𝐔𝐬𝐚𝐠𝐞 𝐨𝐟 𝐈𝐧𝐝𝐢𝐜𝐚𝐭𝐨𝐫𝐬Adding 10s of indicators into their charts and making their graphs messy is what many participants of the markets do. Making trading decisions based purely on indicators lead to failure 90% of the time. It is essential to rely on price action and use indicators as confluences.#𝟑. 𝐆𝐚𝐦𝐛𝐥𝐞𝐫'𝐬 𝐌𝐢𝐧𝐝𝐬𝐞𝐭"I will start trading with $100 and flip it into thousands of dollars in a few months, because I have seen a guy on Instagram do the same". That's such an unrealistic and distorted statement. Always set your expectations low if you want to be profitable in this field. Moreover, do not trust fake Instagram "gurus".#𝟒. 𝐅𝐨𝐥𝐥𝐨𝐰𝐢𝐧𝐠 𝐭𝐡𝐞 𝐇𝐞𝐫𝐝 "Many influencer on Twitter are going short on BITCOIN! Let's go and do the same". Never rely on randomness and other people's opinions and analyses. Make your own chart analysis and use influencer views as a means of confirmation.====Follow for more resilience on CRYPTO! 🔥#Write2Earn #Overtrading #Loss #ProfitMotivation #EducationalPost

🏅𝟒 Common Mistakes of Traders! 🧵

#𝟏. 𝐎𝐯𝐞𝐫 𝐓𝐫𝐚𝐝𝐢𝐧𝐠#𝟐. 𝐎𝐯𝐞𝐫 𝐔𝐬𝐚𝐠𝐞 𝐨𝐟 𝐈𝐧𝐝𝐢𝐜𝐚𝐭𝐨𝐫𝐬#𝟑. 𝐆𝐚𝐦𝐛𝐥𝐞𝐫'𝐬 𝐌𝐢𝐧𝐝𝐬𝐞𝐭 #𝟒. 𝐅𝐨𝐥𝐥𝐨𝐰𝐢𝐧𝐠 𝐭𝐡𝐞 𝐇𝐞𝐫𝐝 #𝟏. 𝐎𝐯𝐞𝐫 𝐓𝐫𝐚𝐝𝐢𝐧𝐠Overtrading is a problem that many beginners and experienced players in the market face.Remember , Quality will always be over quantity. #𝟐. 𝐎𝐯𝐞𝐫 𝐔𝐬𝐚𝐠𝐞 𝐨𝐟 𝐈𝐧𝐝𝐢𝐜𝐚𝐭𝐨𝐫𝐬Adding 10s of indicators into their charts and making their graphs messy is what many participants of the markets do. Making trading decisions based purely on indicators lead to failure 90% of the time. It is essential to rely on price action and use indicators as confluences.#𝟑. 𝐆𝐚𝐦𝐛𝐥𝐞𝐫'𝐬 𝐌𝐢𝐧𝐝𝐬𝐞𝐭"I will start trading with $100 and flip it into thousands of dollars in a few months, because I have seen a guy on Instagram do the same". That's such an unrealistic and distorted statement. Always set your expectations low if you want to be profitable in this field. Moreover, do not trust fake Instagram "gurus".#𝟒. 𝐅𝐨𝐥𝐥𝐨𝐰𝐢𝐧𝐠 𝐭𝐡𝐞 𝐇𝐞𝐫𝐝 "Many influencer on Twitter are going short on BITCOIN! Let's go and do the same". Never rely on randomness and other people's opinions and analyses. Make your own chart analysis and use influencer views as a means of confirmation.====Follow for more resilience on CRYPTO! 🔥#Write2Earn #Overtrading #Loss #ProfitMotivation #EducationalPost
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RiggedFish
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Tears, Blood and Failure - The Path to Wealth
Dear Binancian who reads this.This one is a real story of myself that I am going to share for the sake of preventing others doing the same mistakes as I did and improve on them.Remember though troughout all of this, mistakes are Important and we need to touch to fire sometimes, even if we were told it is hot - we need to feel the warmth ourselves to understand, grow on it and learn from it.Mistakes are important and the only way we learn."If I had succeeded 9 Years ago when I first started, I would have not known how to properly handle big money and continue to profit. Even worse, out of Luck I would think that I am skilled at what I do and step into a world of relentless debts"When I started I was a young desperate Guy, on emotions I have spent all our Savings, only 6000$ at the time, on one token and lost 80% within minutes. Background Infos/explanation of thoughts and actions before continuing with the story in a few words:We were only 21 years of age(which is no excuse for the stupidity) and were forced to move to different places which should have been my number one priority back then, instead of wasting it all on nothing. Up to this day I am still thinking why did my wife go trough all that with me? But I am speechless and grateful for having her in my life - without her, I would have given up so many times and wouls have went to places which would have destroyed me, physically, emotionally and financially because I was just lost in so many regards. During this time she had diagnosed and suffered her first seizures and shortly after there was a diagnosis of multiple sclerosis which impacted her life so much - but she never ever gave up, she thought me to stay strong and fight back, even if all hope is lost - what else would you do? Give up and die? Death is for the weak! I thank you from all of my heart my dearest love. I will love you and only you until the end of times.I want to use this opportunity to highlight the Listing Losses that occur in 98% of trades, just like with XAI or any other newly listed token.DO NOT BUY IT RIGHT AWAY. THE TOKEN PUMPS WITHIN 1.5 SECONDS AFTER LISTING AND IS DOOMED TO REDUCE AT MINIMUM BY 50% (Atleast on the same day, or right after)You WILL lose money!!I fully understand that the 3.000% Gains figure is absolutely terrific and you also want a part of that - but we are not chosen for this cake my friend. This cake is for people with bigger wallets than we have combined in years. They can eat trough us and survive droughts - we cant. Focus on the leftovers that are dropping slowly but surely to the grounds.Most non-whalers are thinking:"I'll buy the top pumping coins, they'll continue to pump" and they loseThen they think instead regaining that loss or instead to improve or work on their strat:"Those breadcrumbs are not worth my time. I'll get lucky with another top coin then on that day or another"Until they bleed out completely.And if they do buy in within the golden period of the top pumping coin of the day, 99% of the time this happens:"Damn I got so much already I'll wait longer it will go up so much higher!"Then the pump stops, and they go out +/- 0 at best.There are many mistakes made in this example, like no research done, buying on fomo, buying on pure instinct or just out of greed.And you can absolutely trust me - I did ALL of those, and MORE and still, sometimes I do SOME of them TO THIS DAY - it is inevitable, you only have to make sure you are capable of living on with your mistakes.And Because we are all humans - we are emotional beings that are completrly dependant on outside factors in regards of mood, capabitlity, cognitivity etc. That we sometimes just lack the certain neuritransmitter on one day to think something trough.Continuing the Story:Not knowing the market I panicked and sold off, hoping to recover whats left.I was so embarassed, I felt ashamed and couldn't even let my family know, I kept it a secret for years.Worked a regular job at day and learned the market at night.I have set a goal:Either I :Recover all whats lost and do my research, bite the bullet and stand your manHope for Moon without any researchEat it, take what is left and never come back to cryptoAs I was stupid and young, I hoped for 2) to happen - which never did - and lost 90% of my last 20% funds.Then it clicked and I began to learn and adapt.I have monitored my behaviour which led to this disaster and noticed that it was due to my personal character traits, my greediness and lack of knowledge.I had to work on myself - before I could continue.After a long years fight I had recovered all 6000$ and told my family about what happened.Transitioning to 2023, my Wife had an Anorism followed by seizures and I just came home 2 minutes before it happened due to working overtime at my unfulfilling, underpaid job for which I am overqualified again.I made the decision to prioritize my TIME with her from now on, I'd never forgive myself being at work and not with her after that - I want to find a way, to earn money and spend time with her.And from day X to Y I quit my Job without any kind of securities - completely determined to make it on the market. (Not recommended!)I made a strategy, focused on spreads up to 1% at max and made 755 Trades, 744 Wins / 11 Loss and tripled my startup.Now I am finally able to sustain my Family, albeit I am still learning and still need to earn way more for a comfortable life - but I have the time to spend with my wife now.The Moral of the story is: Don't act too fast, always do your research and most importantly - Never ever give up your goals!!Work on yourself before you work your portfolio - this lesson cost me 9 years and thousands of dollars of debt which I am continuously fighting back to this day.But my family and I are still struggling because of my stupid, uneducated decisionsSome of the most important traits and mindsets that can help you succeed in the Crypto/Stock Market:- Discipline: Successful traders are disciplined and stick to their trading plan. They have a set of rules that they follow and do not deviate from them. They also have the discipline to cut their losses and take profits when necessary.- Patience: Patience is key when it comes to trading. Successful traders know that they cannot make money every day and that there will be periods of losses. They are patient and wait for the right opportunities to present themselves.- Risk Management: Risk management is crucial in trading. Successful traders manage their risk by using stop-loss orders and position sizing. They also have a risk-reward ratio that they follow.- Emotional Control: Trading can be emotional, and successful traders know how to control their emotions. They do not let their emotions dictate their trading decisions.- Continuous Learning: The Crypto/Stock Market is constantly changing, and successful traders know that they need to keep learning to stay ahead. They read books, attend seminars, and keep up with the latest news and trends.- Adaptability: Successful traders are adaptable and can change their trading strategies when necessary. They know that what worked yesterday may not work today.- Confidence: Confidence is important in trading. Successful traders have confidence in their trading plan and their ability to execute it.- Perseverance: Trading can be tough, and there will be times when you want to give up. Successful traders have the perseverance to keep going even when things get tough.- Realistic Expectations: Successful traders have realistic expectations. They know that they cannot get rich overnight and that trading is a marathon, not a sprint.To become a better trader, you should focus on developing these traits and mindsets. You should also keep a trading journal to track your progress and learn from your mistakes. I hope this helps! Let me know if you have any other questions or would like to have more in depth explanations.If you appreciate my Post, Please leave a like and share it with other traders so they can join the circle!#BTC #etf #Launchpool #STX #INJ $BTC $ETH $XRP
hello everyone, I am someone who's a complete novice in trading and crypto who lost and learnt some lessons from those. I wish to share them with you and ask guidance if I could receive. #Beginners #Loss #FEARANDGREED #stoploss It took me a while to understand what the market, futures etc are, to an extent. Yet there were many mistakes I have made and lost a lot. And a while ago I lost my 75% of my account balance due to a lost futures trade. I lost 200% on short trade on eth, I kept the position for 3 days and finally closed it on loss. Because I kept averaging and didn't have a stop loss. I lost all my money. These are some of my mistakes, 1) Entering in the futures without knowing what it actually is and how it works. The amount you put and wish to earn and leverage must be calculated before to better understand what you have and what you get. 2) Trusting others words blindly. Understanding why the said long or short would happen is very crucial. Learn Technical analysis. Own research is very important, in the end it is you that are gaining or losing the money. 3) Greed Learning when to take out profits is very crucial for a successful trade, having a target is really important. And just because you earned some amount, don't put everything in the next trade. You don't win everytime, this must be always in the mind. 4) Fear When you see the position is going into loss, fear is evitable. Thinking it will be back again isn't helpful. A stop-loss is very much needed. Sometimes you loose more than you could ever imagine trying to save a much smaller part. 5) Depression Overcome it. Life is unfair, it doesn't go your way. market is always true, learn more and have a strategy to trade. Facing is a loss isn't failure but giving up is. I got to know some of my shortcomings in a hard way, hope you won't be the same. I'll improve and if you're reading this I hope you'll too.
hello everyone, I am someone who's a complete novice in trading and crypto who lost and learnt some lessons from those. I wish to share them with you and ask guidance if I could receive.
#Beginners #Loss #FEARANDGREED #stoploss
It took me a while to understand what the market, futures etc are, to an extent. Yet there were many mistakes I have made and lost a lot. And a while ago I lost my 75% of my account balance due to a lost futures trade. I lost 200% on short trade on eth, I kept the position for 3 days and finally closed it on loss. Because I kept averaging and didn't have a stop loss. I lost all my money.

These are some of my mistakes,

1) Entering in the futures without knowing what it actually is and how it works.

The amount you put and wish to earn and leverage must be calculated before to better understand what you have and what you get.

2) Trusting others words blindly.
Understanding why the said long or short would happen is very crucial.
Learn Technical analysis.
Own research is very important, in the end it is you that are gaining or losing the money.

3) Greed
Learning when to take out profits is very crucial for a successful trade, having a target is really important. And just because you earned some amount, don't put everything in the next trade. You don't win everytime, this must be always in the mind.

4) Fear
When you see the position is going into loss, fear is evitable. Thinking it will be back again isn't helpful. A stop-loss is very much needed.

Sometimes you loose more than you could ever imagine trying to save a much smaller part.

5) Depression
Overcome it. Life is unfair, it doesn't go your way. market is always true, learn more and have a strategy to trade. Facing is a loss isn't failure but giving up is.

I got to know some of my shortcomings in a hard way, hope you won't be the same. I'll improve and if you're reading this I hope you'll too.
BTC and ETH Record Loses as Markets Take a General Dip. Monday’s trading session has started in a rather slow environment, with the global market cap recording a mild increase of close to zero standing at $1.17T as of press time. #BTC #ETH #Loss
BTC and ETH Record Loses as Markets Take a General Dip.
Monday’s trading session has started in a rather slow environment, with the global market cap recording a mild increase of close to zero standing at $1.17T as of press time.
#BTC #ETH #Loss
THENA and DefiEdge liquidity manager! Why it is so good for users?#Thena introduced #DefiEdge liquidity manager. Let's deep inside to find out is it good for us. Liquidity and DEX Revenue Focus.DEX revenue is crucial for THENA's self-optimizing system, replacing LP trading fees with $THE emissions controlled by voters. LPs can stake for $THE emissions using #liquidity managers like Gamma Strategies.New Liquidity Manager for LPs.DefiEdge introduced as a new liquidity manager for selected core pools, including BNB, Filecoin, Tether, #Ethereum and #Bitcoin. DefiEdge Benefits.DefiEdge strategies aim to mitigate impermanent #Loss (IL) while maintaining profitability. Dynamic distribution of liquidity across different ranges based on market indicators like support and resistance.Active Strategies for Efficient Liquidity.DefiEdge actively seeks efficient liquidity allocation, executing timely swaps to avoid one-sided ranges. Extensive testing ensures flexibility in liquidity concentration, aiming to reduce IL impact.Summary of DefiEdge Strategies.DefiEdge strives for optimal liquidity balance, responding to market changes.Signifies a significant step in enhancing THENA's platform efficiency and profitability for users.This once again proves the effectiveness of the THENA work aimed at improving the product. Thanks for reading👍

THENA and DefiEdge liquidity manager! Why it is so good for users?

#Thena introduced #DefiEdge liquidity manager. Let's deep inside to find out is it good for us.

Liquidity and DEX Revenue Focus.DEX revenue is crucial for THENA's self-optimizing system, replacing LP trading fees with $THE emissions controlled by voters. LPs can stake for $THE emissions using #liquidity managers like Gamma Strategies.New Liquidity Manager for LPs.DefiEdge introduced as a new liquidity manager for selected core pools, including BNB, Filecoin, Tether, #Ethereum and #Bitcoin. DefiEdge Benefits.DefiEdge strategies aim to mitigate impermanent #Loss (IL) while maintaining profitability. Dynamic distribution of liquidity across different ranges based on market indicators like support and resistance.Active Strategies for Efficient Liquidity.DefiEdge actively seeks efficient liquidity allocation, executing timely swaps to avoid one-sided ranges. Extensive testing ensures flexibility in liquidity concentration, aiming to reduce IL impact.Summary of DefiEdge Strategies.DefiEdge strives for optimal liquidity balance, responding to market changes.Signifies a significant step in enhancing THENA's platform efficiency and profitability for users.This once again proves the effectiveness of the THENA work aimed at improving the product.
Thanks for reading👍