See original
I shorted Pepe at the price of 0.0091 Right before Pepe's big increase happened. But I still have profit#PEPE❤ . And I'm also ready to share with you the reason why.
That is low leverage and the opportunity to average cost of capital. :)))
A Coin going up or down sharply is a normal thing and no investor can predict it. You choose to short 1 coin and the next day that coin increases 50-% is a very easy thing to happen.
So if your leverage is only 3-5, you will burn your account. Once you're out of money, you definitely have no chance to start over and average your capital.
To avoid unhappy lives, I urge newbies to say no to leverage :)))
#btc #PEPE❤
That is low leverage and the opportunity to average cost of capital. :)))
A Coin going up or down sharply is a normal thing and no investor can predict it. You choose to short 1 coin and the next day that coin increases 50-% is a very easy thing to happen.
So if your leverage is only 3-5, you will burn your account. Once you're out of money, you definitely have no chance to start over and average your capital.
To avoid unhappy lives, I urge newbies to say no to leverage :)))
#btc #PEPE❤
See original
Warning for newbies: There are too many players losing money in the futures market. But if you are still greedy, even if you win a few initial orders, you will still lose in the end.
🤮If you are new, you need to understand that the coin market does not only operate according to technical analysis, nor does it operate based on emotions :))) You can only make money and keep money if you grasp the market very flexibly. active.
🤮 Never use leverage. Earn less and you will survive longer. You only need to survive for a long time to make money.
Leverage is for experienced players only.
I advise that because I also lost too much :))) and gained it back. The amount of money lost in 1 day but must accept that it will take 5 months to earn it back.
🤮🤮Don't dream of getting rich too quickly :))) #btc #binance
🤮If you are new, you need to understand that the coin market does not only operate according to technical analysis, nor does it operate based on emotions :))) You can only make money and keep money if you grasp the market very flexibly. active.
🤮 Never use leverage. Earn less and you will survive longer. You only need to survive for a long time to make money.
Leverage is for experienced players only.
I advise that because I also lost too much :))) and gained it back. The amount of money lost in 1 day but must accept that it will take 5 months to earn it back.
🤮🤮Don't dream of getting rich too quickly :))) #btc #binance
See original
#MyFirstFeedPost Hello Binance Square users! There are many people complaining about their accounts being burned after yesterday's upheaval. But until we stop using leverage, only then will we help people avoid burning their accounts. :))) Please be satisfied with the profit of 50% a month.
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Trending Topics
bitcoin
17.1M views
4,851 Posts
Turn $10 to $500 On Binance: New Crypto Arbitrage Strategy - Earn $20 In Minutes!
A few days ago, a profitable method on CoinMarketCap was shared. There's always a profit to be made with the right strategies. Here’s a step-by-step guide to help maximize earnings using Cyber Coin on Binance.
Search Cyber Coin: Go to CoinMarketCap and look for Cyber Coin.
Market Comparison: Check the different exchanges selling Cyber. Notice the price differences.
Buy Low, Sell High: On Binance, buy Cyber with USDT at a lower price.
Sell on Binance: Sell Cyber on a different pair for a higher price. Example: Buy Cyber/USDT at $6.12 and sell Cyber/TRY at $6.29.
Conversion: Convert the Turkish Lira back to USDT.
Steps in Detail:
Open Binance: Ensure you have capital. Start with as little as $10, but more capital means more profit.
Buy Cyber: Buy Cyber/USDT. For example, $1,000 will give approximately 163.23 Cyber.
Sell Cyber: Sell Cyber for TRY. Note the amounts and set your sell limit higher than the current selling price.
Swap Back to USDT: Convert TRY back to USDT. Ensure the exchange rate is profitable.
Important Tips:
Speed Matters: Be quick to catch the price differences.
Monitor Prices: Profits can fluctuate. Always check current rates before trading.
Simulation: Always simulate trades to ensure profitability.
Stay tuned for more crypto insights! 👍 Generous contributions support the mission, enabling diligent work to provide the best investment advice. Tips are instrumental in enhancing efforts to serve better.
Disclaimer: This strategy involves risks. Ensure to understand the market dynamics before investing. Happy trading!
#bitcoin #bitcoin
ORIONPLAY official
73 Likes
45.1k views
Binance
20.7M views
9,862 Posts
Web3
1.1M views
453 Posts
