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How to Turn $5,000 into $145,000 Using Leverage on ADA: A Comprehensive Guide
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Golden rules in trading….🚨 Don’t forget to read the last one 1. Never trade with entire capital. Divide your capital into 4-6 parts… If you want to trade daily better to trade with 2-5 percent of the capital. 2. Leverage vs spot ::: Even though you win less amount in spot, still better to trade in spot rather than futures. 3. Stop loss::: Even though every knows, we should use stop loss, but nobody follows it including me. 4. Stick to one plan:: Most of the people loose profits for not having a plan or not sticking to the original plan. 5. 🚨 We want to make money from the people who are really intelligent, rich, with political power, media and influencers who wanted to take money from us and we are playing against them. It’s like 1-5% chance of winning, until we are disciplined we can’t win against them… 6. Buy near fear and sell near greed::: If you are trading in spot follow this rule. 7. The faster we get - The faster we loose. We can maker big amount in futures and also loose faster. 8. We think life wont worst than today but in reality it goes way worst than today. So, don’t trade full amount. 9. Realising bad trades and exiting:: This thing is really hard for me. Not able to close in small losses and end up loosing in big times. 10. Never trust or depend on others. #goldenrules #BTC #PENGUOpening #MarketPullback $BTC $ETH $XRP
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In the past 24 hours, 302,341 traders were liquidated. the total liquidations comes in at $1.03B The largest single liquidation order happened on Binance- ETH value $15.8M $ETH $BTC $XRP #BTC #ETH #XRP
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### El Salvador's Shift: Chivo Wallet Faces Closure in $3.5B IMF Deal 💰 El Salvador is making significant changes to its cryptocurrency strategy as it negotiates a $3.5 billion deal with the International Monetary Fund (IMF). To secure this funding, the government has decided to either sell or shut down its Chivo wallet, which was launched in 2021 to encourage bitcoin adoption across the country. While the government wallet will be discontinued, private bitcoin wallets will remain operational for users. As part of this new agreement, the IMF has stipulated that acceptance of bitcoin by businesses will be voluntary, and taxes will now only be payable in U.S. dollars, not bitcoin. Despite these adjustments, El Salvador plans to continue purchasing bitcoin for its reserves, currently acquiring one bitcoin per day. With nearly 6,000 BTC valued at around $596 million, the country’s commitment to bitcoin remains strong, even as it reevaluates its approach. 🌟 $BTC #MarketPullback #btc
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In the past 24 hours, the crypto market saw a dramatic shake-up! 🚨 A staggering **367,151 traders** were liquidated, resulting in a jaw-dropping **$1.19 billion** lost 💸. The biggest hit? A single liquidation order on Binance, where a whopping **$15.8 million** worth of Ethereum (ETH) went down the drain! 📉💔 Stay vigilant out there, traders! 🧐✨ $BTC $ETH $XRP #MarketPullback #FullMarketBullRun #PENGUOpening
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