‼️POINTS TO PAY ATTENTION TO IN FUTURE TRANSACTIONS.
📌 You should determine a profit rate for yourself. And closing the transaction when your transaction reaches that profit rate constitutes 50% of winning in this business.
📌 Select the Crypto assets you will open a transaction with and examine these assets before opening a transaction (which level has reached the lowest - which levels have seen the highest)
📌 You can open a short or long transaction at the levels you determine (it is up to your style). Now there are two important issues at this point. The first issue is to be careful to determine the levels of your transactions according to the BTC movement. While some assets move linearly with BTC, some move inversely.
The second issue is that you should definitely determine your Stop point in your transactions, since no one can predict the mass movements, this will be your firewall.
📌 Although it is not mentioned much in futures transactions, one of the most important factors is Psychological effects. You must be calm. Getting angry when you see red, getting excited when you see green may upset you. Avoid forming emotional ties with the crypto assets you open a transaction with. An asset may have made you earn a lot, but if it disrupted the continuity of the asset, you should find assets that move a little more predictably.
‼️‼️ Last and most important point: Take your earnings out of the system in futures transactions and invest in tangible assets. You cannot always be lucky in a system shaped by mass movements.
Crypto assets I opened futures transactions with.
