๐คAttention Crypto Community, Fellow #BINANCIANS! and readers ๐ค
Today I wanted to share a lesson with all of you. Hope this helps new comers or people who want to understand risk management or value of exiting at the right time or staying informed all the time (#youcan't) ๐ฅณ
This is about ๐คฌProfit & Loss๐ญ:
- $ENA , the most charming coin
During the yesterday #Market $BTC $ETH Crash, still don't know why It crashed? Despite all the #bullish signals, I losted 3443$ from a single trade on a 4 hour time frame period of money as my entire hard earned money got liquidated causing my crypto wallet almost empty as of now.
- But I am not that much sad, as the same coin also made me profit which was 2288$ from a single trade, As this was my first experience doing future trading I learned a lot and still learning
My Greatest learning from this loss from future trading is: - You can't predict always despite of all the signals, A #whale or an expected news might come which can take away your profitable trade turning it into your worst night mare or a loss.
But don't panic, stay humble, go with the flow and Hope for better always ๐
- Now my Plan is to earn the same or even double amount of money with the same coin this month to recover my losses ๐๐ as I still think its great coin for potential gains.
Any advice or people with better analysis, what should be my strategy can comment or if you have experience the same don't forget to share it too.
Any thought leader in my network who want to shed light on this topic are most welcome to comment.
Lets continue to rise together and stay strong ๐ช
$BTC $ETH $SOL those who were #bullish for the bitcoin halving? can you predict what the future holds for the crypto market before 19th April? I just lost unbearable amount of hard earned money because of this massive dip in a day.
Any thought leader who still think the market is #bullish pls comment with your analysis would love to hear your thoughts.
and my whole point is to recover my money before 20 April?
The most shittiest coin ever#tnsr #TNSRCOIN ๐ซฅ never purchase such coin:
- Lesson learned: Don't fall for speculation or initial hype, I don't think it's going to rebound: I had a margin amount of 1000$ assigned to it, But the liquidation% keeps on increasing,
My understanding is either quit or wait till liquidation amount reach and take your 1000$USDTs ๐๐คช๐ฅด
thank-fully I got saved and did not purchased #Saga $SAGA coin s of now.
Which #altcoin or #memecoin has the potential to grow from 10x or 7x atleast if invested today (April 08 2024) in the coming 2 days to (April 10 2024)? ๐ค
Does $DOGE , $SOL or $BOME can do the pls write in comments ๐ก