DYOR, it is out of rules but I risked 5% of my capital with | 500 Days Challenge on Binance Square

Trending Articles

Bookmarked and Liked

500 Days Challenge

--

DYOR, it is out of rules but I risked 5% of my capital with $TROY long. I am expecting that it will gain momentum again.. 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

TROY

0.004713

-2.07%

858

0

Replies 2

Quote 1

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

500 Days Challenge

@Yasinfurkan

Explore More From Creator

Just make a quick update, as I told I was trying to get more low risk position. I start with $TROY and than I take profit when it is daily high, after I saw momentum is broken on ALT coins than I just open short positions with many coins and now I closed them except $DOT , so for tomorrow I will only carry DOT. I can surely say that low leverage with low budget looks like got you less profit but be sure that it can give more profit with low risk. I will make main update tomorrow for now I am little bit busy my own things. Safe trade..

--

I will change my strategy of getting position as 5x leverage, 5% of my capital with 3-5 different coins. Market style is slowly changing and better to divide risk between couple coins. Before I just want to get quickly 2% of my profit but things are changing and if quickly get target and same time quickly lost as well. So better to follow this way. I will try it couple days to see if it can fit with my challenge..

--

Day 53 - 54 First Starting Balance: 42$ + 100$ Deposit —————- PNL: $FIDA spot: 26.1$, $ACE short total: 30.3$ Profit Rate: 13.3% Cumulative Profit Rate: 804.5% Current Balance: 479.9$ Position $ACE Short $Fida Spot Yesterday I could not update here because It was a busy day so today update is for latest. I wanted to hang on spot with Fida but when it reached daily high and I saw that it’s gasoline finished and I supposed it could be trap so I sell it and 2 time I opened short position on my favorite coin which is tricking a good FOMO yesterday. I was expecting huge break out from Fida but it made me upset. So I back to reality again as my daily 2% profit and I know I have been going out from my rules for a while. So, let’s begin again while my daily 2% profit is reached 9.59$ (first 2% daily profit was 0.84$). So for a sum, starting 42$ capital and I added 2 time 50$ monthly investment as on my rules. My capital reached almost 480$ and so profit is about 8 times of my starting capital. It means that even I withdraw my 4 days profit, it will equal to my initial capital and it happened in 2 months(if I was not over on my some profits, it would be 3 months as well). So I started with small capital to this challenge to respect myself, but what I saw that once your capital starting to increase and profit rate as well, it is turning you greedy. So, after that moment everything needs to be under control and rules, otherwise 2 months effort could be gone in 1 hour.. See you on day 55! 446 days to go!

--

I was thinking for a while to hang in spot and stop little time for futures to manage my challenge well. So I decided to buy $FIDA (DYOR). I will keep it many days or even weeks, if I lost 10%, I will stop. If I gain over 10% I will check situation of this coin and maybe make it cash. Market is so sharp for both side. Same time for this coin many short liq is gathering upper. So let’s try new adventure in this challenge..

--

Day 51-52 First Starting Balance: 42$ + 100$ Deposit —————- Today PNL: 21.04$ Daily Profit Rate: 5.23% Cumulative Profit Rate: 670% Current Balance: 423.5$ Position $ACE Short As I told my old post, I was resting my mind and same time I stack on $ACE short position with less percentage of capital. It was okay because I had time to fresh my mind after little over trade days last week. Also I deposited 50$ which supposed to deposit on 28th of November because I got half of my salary as additional advance salary. So I start to get compound income earlier by this way and I will invest again for next month regarding to rules.. Anyway, I will start to update again and maybe I will watch market tomorrow or got action regarding to trend line if I can catch and not stack again 😅 BTW, Bitcoin going crazy while other coins are looking deep, I think good manipulation for calling retail investors by this way, even in the work, everyone starts to speak about bitcoin so it means they are reaching their ambition as well.. Be on the safe side always, as you can see our habit is so close to change it gambling and even I am always mentioning about my rules but hard to follow for me as well. Need to strict and respect yourself (for me!!!)!

--

Latest News

BNB Surpasses 680 USDT with a 2.06% Increase in 24 Hours

--

TrueUSD Reserves Under Scrutiny Amid SEC Settlement

--

Solana Co-Founder and Matter Labs CEO Debate Blockchain Speed

--

U.S. House Representative Criticizes SEC's SAB 121 Regulation

--

BNB Surpasses 670 USDT with a 3.02% Increase in 24 Hours

--

Cookie Preferences

ba-one-trust-cookie