Took 75% money out from Solano after making almost 6x nd inv | Cheery on Binance Square

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Took 75% money out from Solano after making almost 6x nd invested in AXS and XEC. AXS to bring my buying average down as I bought it when it was $100 and XEC because I always wanted invest in it but never did and now I got money earned so I put it there. ofcourse for a long run. #notofuturetrading #Spottrading

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AXS

5.876

+3.68%

XEC

0.00004485

-5.42%

3k

0

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In last 24 hours $93.48 Million was liquidated at Binance. It's super risky even for experienced and skilled trader. Stay away from future trade and keep doing spot trade. I have learnt it the hard way by loosing huge amount. #notofuturetrading

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It's easy to think each loss in Future Trading is a lesson learned, prompting a new strategy to avoid losses. But often, it leads to more significant losses. Consider sticking to spot trading for a more reliable approach. Stay away from Future Trading !! #TradingWisdom

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My last post is to give a message that it's okay to loose and step away from the temptations of recovering. I have realised it much later, still able to save around $600, which I might have lost if I continued. I'm not leaving crypto but no future trade now on, only spot long term trading. 🙏🙏

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I'll be stepping out from Future trading now, I lost almost $4000 and it's too much for me. I'll stick to buy on monthly basis and sell when market is pretty high ( probably need to wait for years). I made 5x in Solano in spot trading and sold now. I'll continue spot but never future now.

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