Sit on the spot

My first futures trade was liquidated and wiped out my entire account.

I had longed $CHZ at 0.71 with a liquidation price of 0.64. My mentor advised me to dollar-cost average (DCA) and add more funds to avoid a loss. Being new to crypto and it being my first futures trade, I had no idea what I was doing. I messaged him daily, and he reassured me that I was safe and that the $CHZ coin would pump, bringing me profit. He said I could close the trade then.

I didn't have dollars to DCA, so I sold my spot coins from my salary and added them to my futures trade, which lowered the liquidation price. Every day, I asked him for advice, and he kept saying I was safe and not to worry, assuring me that once BTC stabilized, $CHZ would reach $1. After waiting for 43 days, I received a message saying I had been liquidated. I couldn't sleep at night and was extremely stressed. Ultimately, Binance liquidated my position.

The trade went on for 43 days with extremely high fees, resulting in a loss of almost $4300. I was liquidated at 0.14 when #BTC crashed in 2021

I had opened a $100 trade on CHZ in cross margin and kept a $100 margin, but I was ruined by constantly dollar-cost averaging (DCA). To this day, I haven't been able to get back into crypto, and I don't have the funds anymore. All this happened because I took signals from a premium group. My mentor told me I was safe and not to close the trade. His group was on Discord, and his name is Arsh. When I got liquidated, he promised to give me $1000, but he ended up blocking me.

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It's my real story