$ME $HIVE $LUNC
I wanted to make this post because I’ve seen posts from people on square whom are in dire straits due to losing money and it tugs on the heart strings a lot. Some whom would take the ultimate step due to their stress. A father who feels like a failure after getting liquidated and was close to the edge… He just wanted to feed his kids. A lady who got hacked and lost everything and the list goes on. We all pay our dues to this market but some pay the ultimate one so I wanted to give some advice to investors.
1) Do not use leverage. I’ve learned this lesson the hard way and you will too if you use it. The market makers will aim to liquidate you and only experienced traders get away with it
2) Be aware of the 4 year cycle and study it. The top for this market could be April/may or we may get a supercycle, nobody knows for sure put you better take profits by then
3) buy before the American election and diversify - this is the best way to make profits. If you don’t know what you’re doing then you can just adjust your stop loss on the way up so you’re always in profits
4) Your investment tripled or more? TAKE OUT YOUR ORIGINAL INVESTMENT. Now you’re just playing with house money and can’t lose. My profits are always circulating and yours should be too
5) If you are new you need a guide. Elliot wave analysts are decent, there are guides here on square but many of them are wrong so find a real professional.
6) indicators and buy and sell signals. Get these if you’re new, they will help you immensely.
7) copy trades/bots. I don’t use them myself because I don’t like to cheat but that doesn’t mean you can’t.
8) always live to fight another day. If your investment is going south don’t just hold indefinitely, save yourself.
Whatever you do don’t use the permanent solution for a temporary problem. I am here for each and every one of you, please reach out if you’re down and I will always try to give the best advice that I can for my trades but I am not always right and am still learning like you. I focus on the Macro.