Lost Money Yesterday?

Don't want to Lecture You about Yesterday's Dump as

1. If you're hurt, you probably won't read it.

2. If you aren't hurt, you don't need it.

However, my Low IQ doesn't stop me from Typing so here it is.

1. The best thing I've learned from trading is

'If you made it with luck, you will lose it swiftly'

I had so many friends who made money in 2017 and lost it all Post January 2018.

Betting on

-Up Only.

-How low can it go.

-Why can't I use 2x leverage forever if price won't ever Dump 50%.

-This Shitcoin is the new Bitcoin.

I see so many Posts today from People who are talking about

'Ending their lives'

What's one thing in common there?

All made it by luck.

Never thought about risk management during Dumps.

Use of leverage in Shitcoin.

2. Using Leverage in Shitcoins and most Altcoin is Dumb (Unless to manage Risk exposure to exchanges) because Shitcoins already possess high Beta and volatility.

You trade Shitcoins for higher Beta. No point in Pumping leverage into it for more volatility and Heart Burn.

3. If you lost money, it's Okay. You probably made some mistakes. It's Okay.

But it's not Okay if you repeat those mistakes.#BinanceLaunchpool #bitcoinhalving #BLEEDING

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