Pabs09
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I would recommend waiting, because closing right now out of fear represents a big loss considering that leverage x23
@wif Close or hold please tell me
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I actually believe that I am still in that leverage position x75, I am almost sure we are talking about the same trader, I still have my position open, I am waiting for it to recover
🚨 I Tried Copy Trading with 75x Leverage: Here’s How I Lost $323 in Minutes! 🚨
Ever dreamed of flipping your crypto portfolio overnight? Spoiler alert: Reality hits harder than you think. Let me take you on a wild ride through my brutal experience as a beginner on Binance—where $323 vanished in minutes.
What Happened?
I had $2,000 in my wallet and big dreams of riding the crypto wave. Copy trading seemed like the shortcut, so I trusted a “pro” trader with a decent track record. What could go wrong, right? Everything.
Here’s the breakdown:
Pair: ONDO/USDT
Leverage: 75x (Mistake #1)
Entry Price: $1.41427
Mark Price: $1.30804
Liquidation Price: $0.78542
Unrealized PnL: -$323.31 (-606% ROE)
It started promising, but within minutes, the market flipped. My screen turned a terrifying shade of red as the price plummeted, my margin ratio sank, and liquidation loomed closer.
5 Painful Lessons I Learned:
1️⃣ Leverage Cuts Both Ways
It’s a rocket when you’re winning—but a guillotine when the market turns. 75x sounded exciting until I realized how fast losses spiral out of control.
2️⃣ Volatility Is a Beast
ONDO/USDT swings wildly. Those tiny moves were enough to destroy my trade. Lesson? Stick to less volatile pairs if you’re new.
3️⃣ Copy Trading ≠ Easy Money
Blindly trusting someone else’s strategy without understanding their risk tolerance is a recipe for disaster.
4️⃣ No Risk Management = No Chance
No stop-loss. No take-profit. I was just... vibing. Don’t be like me—protect your capital at all costs.
5️⃣ Emotions Will Destroy You
Watching my losses grow made me hope for a miracle instead of taking action. That hesitation? Costly.
---
My Advice for Beginners
🚨 Start Small: Don’t risk more than you can lose. Start with small trades to learn the ropes.
🚨 Avoid High Leverage: Sure, it’s tempting—but it’ll wreck you faster than you think.
🚨 Learn Before You Trade: Know the basics of margin, leverage, and liquidation inside out.
🚨 Have a Plan: Set your stop-loss and take-profit levels before you even think about opening a position.
Trading isn’t a get-rich-quick scheme. It’s a game of discipline, patience, and strategy. I learned this the hard way—so you don’t have to. Trade wisely, and don’t let the thrill blind you to the risks.
🔥 What’s YOUR craziest crypto trading story? Share below!
#CryptoRealityCheck #BinanceJourney #Write2Earn #crypto #Binance
What Happened?
I had $2,000 in my wallet and big dreams of riding the crypto wave. Copy trading seemed like the shortcut, so I trusted a “pro” trader with a decent track record. What could go wrong, right? Everything.
Here’s the breakdown:
Pair: ONDO/USDT
Leverage: 75x (Mistake #1)
Entry Price: $1.41427
Mark Price: $1.30804
Liquidation Price: $0.78542
Unrealized PnL: -$323.31 (-606% ROE)
It started promising, but within minutes, the market flipped. My screen turned a terrifying shade of red as the price plummeted, my margin ratio sank, and liquidation loomed closer.
5 Painful Lessons I Learned:
1️⃣ Leverage Cuts Both Ways
It’s a rocket when you’re winning—but a guillotine when the market turns. 75x sounded exciting until I realized how fast losses spiral out of control.
2️⃣ Volatility Is a Beast
ONDO/USDT swings wildly. Those tiny moves were enough to destroy my trade. Lesson? Stick to less volatile pairs if you’re new.
3️⃣ Copy Trading ≠ Easy Money
Blindly trusting someone else’s strategy without understanding their risk tolerance is a recipe for disaster.
4️⃣ No Risk Management = No Chance
No stop-loss. No take-profit. I was just... vibing. Don’t be like me—protect your capital at all costs.
5️⃣ Emotions Will Destroy You
Watching my losses grow made me hope for a miracle instead of taking action. That hesitation? Costly.
---
My Advice for Beginners
🚨 Start Small: Don’t risk more than you can lose. Start with small trades to learn the ropes.
🚨 Avoid High Leverage: Sure, it’s tempting—but it’ll wreck you faster than you think.
🚨 Learn Before You Trade: Know the basics of margin, leverage, and liquidation inside out.
🚨 Have a Plan: Set your stop-loss and take-profit levels before you even think about opening a position.
Trading isn’t a get-rich-quick scheme. It’s a game of discipline, patience, and strategy. I learned this the hard way—so you don’t have to. Trade wisely, and don’t let the thrill blind you to the risks.
🔥 What’s YOUR craziest crypto trading story? Share below!
#CryptoRealityCheck #BinanceJourney #Write2Earn #crypto #Binance
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going to see
Hello guys, come pick up your daily points from the activity..... Hurry up move #bnb
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I wanted to know from the community how they have been doing with the #copytrade . I have put some funds in futures and I am waiting for some profitability (it is giving me approximately 2% daily)