Talkin about High risk high profit! 🚀🚀
Last major gain I had was in November when trump won presidentcy, now alt coins are pumping again ✊
One thing I learned from the last trade is to take profits.
I turned a mere 50$ into 12,000$ in 4 days at that time (splitting my assets on multiple platforms as well to minimize manipulation or Fomo trading).
But then, when I was expecting a bigger pump, i added to my positions.. and the crash started. I only took profit of 1k and lost the remaining 11k during the crash.
This time is different. I am adapting a new strategy, hoping it works.
1- no removing margin from an isolated position to buy more
2- looking for trend shifts, if an asset fails to continue bullish momentum, i will take 10% profit and open a short position potentially preventing any losses (hedge mode)
3- Of these 15% profits, i will be shorting with 5% and the other 10% will be cashed out or spent on spot trading on cheap assets.
Lessons learned, hoping this new strategy makes better gains. So far up to 330$ from 25$. Let’s keep this momentum going 🔥
Bear in mind, i do not advise high leverage trading as it carries a lot of risk. I have been monitoring the market very closely to catch the appropriate entry points.
Best of luck 💪💪