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BMW--Amit
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why high risk warning for
$RAY
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RAY
4.832
-5.58%
BNB
711.25
-2.16%
994
0
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$OM
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**Out of your total savings keep 1/3rd in fixed deposit in National Banks ( Guaranteed and Safest) 1/3rd in Mutual funds ( for long term returns) and 1/3rd in Crypto for spot and future trading.. ( for high returns but with high risk) Before I started trading in Binance first I opened FD than Mutual funds and in 2020 started crypto.. But made 1 bigger mistake while crypto trading. I invested 15 to 20% in spot and 80% in futures with 20x leverage During 2020 Bull run many times I booked profit in future trading.. But in 2021 when Bitcoin and other coins getting down, I started saving my future investment by increasing margin above liquidity value, also withdraw half of spot trades to save future values, but that fall is like- all my favourite coins falls more than All time Low values.. I lost 1/3rd investment done in Crypto... I left trading in Binance.. It was said, Learning from mistakes makes man perfect.. I studied trading which I lost, learnt and realised what mistakes I had done. I withdraw half of investments done in Mutual funds and come back in Nov2023. Purchased $1000 USDT, studied which coin goes below 20 - 50 times from ATH- All Time High in 2021. Selected 18 such coins and purchase in Spot.. Than in Jan 2024 purchased 150 usdt for future trading ( at this time my 1000spot investment increased to 1400$) Purchased some more coins in spot, from profits booked in future trading. What is Best Rule for trading I leaened-- 80% investment in Spot trading and 15- 20% in futures... At present My Spot Portfolio is of 3100$ and in Futures 400$ If you like my experience plz give me a TIP ** In my next post I will write about future trading.. Happy Holi to all...,$SOL $PEPE $RAY #WAVES📍 #BNBToTheMoon! #IndiaCryptoDreams
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