Stop loss was invented not to save your money, it was invented to make you lose your money.
If you think that placing stop loss will save you from lose, man you are damn wrong. Let me make it clear.
Imagine you bought a scam / shit coin, there are many, but let’s say STRK as an example.
Suppose you bought 1000STRK with 2.5$ each. So total 2500$. You set stop loss at 2$, so you thought the max you gonna lose is 500$. You went sleep and at morning you found you are in 1250$ loss.
How?
Stop loss is not a function that stop you from losing. It’s basically a sell trigger. When the price riches a predefined point, it triggers the sale order (which is market order).
So basically when SL 2.00 will hit for STRK, the function imminently place a sale order and even if the market price went down further like (1.5 $) it will still sell at that price.
So stop loss is not saving you in any way.
Imagine you gave your friend 100k for his business at 50% - 50% share split. You said you can take max 15k loss. Let’s say on first month your friend makes 10k so the capital is 110k. But on the second month your friend lost 50k, so the capital is 60k (although you was expecting max 15k loss, you are now at 20k loss). Now he will return you 80k and take the full share of the business. Eventually he makes 50k profit, but you don’t hold any share now.
Conventional stop loss always helps the liquidity providers or brokers. It never helped a trader in most cases. Maybe you loss less with stop loss, but you will still loss.
Even in many case we see the market makers create fake price to hit our stop loss in high volatile market.
So how we use stop loss? Professional traders uses virtual stop loss or algorithmic stop loss using their own trading softwares.
Virtual stop loss is a stop loss, that only get placed automatically if specific conditions are met.
Algorithmic stop loss is also same as virtual stop loss, but it’s bit more advanced. Instead of selling all at once, it keeps selling gradually at better prices. Stop loss keeps changing.
Copied feom Mr. #Salid

$BTC $ETH $XRP #Salid
I know today many people will lose money.
I know people will buy portal at a high price.
I know when $PORTAL will be launched, it will be overhyped. THEN EVENTUALLY IT WILL BE GOING DOWN.
I know some people will be posting “You will lose only if you sell, keep holding.”
I know after getting your money sucked there, you will also post some predictions saying PORTAL will up, #PORTAL will moon, I see bullish trends.
I know many people seeing your post will buy PORTAL.
I know you will think, as you’re leading people to buy this coin and hold this coin, the price will be up.
But you don’t know that the developers are holding most of the coins, they will keep selling them to raise funds and to change their life.
Obviously, blockchain in gaming can be a revolutionary concept, but it still too early for this type of stuff.
I swear you, for the sake of the money you earned by hardworking, for the sake of the God, don’t gamble with new cryptos.
If you think this project could be successful, wait 1 month, let the market collect data, let the chart form a trend, let the developers form some infrastructures, then invest.
However, it’s up-to you. How you play with your money, how you play with your life, how you play with the feature of your family. It’s totally up-to you.

Yeah My task is to provide information to you guys.Rest upons you..

This man is Awesome!!! No more words
#Salid #CryptoWatchMay2024

#Salid Community

People are asking me about the Airdrop. As I announced, our website will be ready within April and we will open the claiming option.
There will be only 1 million coins with 300$ floor price per coin. People who don’t know about floor price may read my post on it.
As I promised I will invest all the money I got from Binance Tip Feature, and also put 2x of the amount from my pocket.
As of today I have 10k followers and got over 110k USD in tips. I will add another 220k from my pocket. So total investment (development + liquidity) will be 330k. Which you may think very small amount, but for me it’s 10x more than enough for a good crypto project.
I will airdrop the tippers at the beginning. As it’s their money. Later I will start airdropping my supporters and contest percipient.
For the tippers, you can claim the airdrop using your binance pay order id. Everyone how tipped has the order id. No worries, there will be instructions on how to get the id.
Don’t worry, if you couldn’t tip. As only people who reading my post from mobile browser has the tip option, I kept some allocations for my supporters and contest percipient. 60% will go to tippers, 30% to the supporters and contest percipient, and 10% will be stacked on my wallet.
Once everyone or 80% of people claims the airdrop on website, we will announce the launch date and the coin will be airdropped 30 minutes before the official launch.
You don’t need to comment that you have tipped me and don’t share the order id with anyone else. Even if you tipped me 1$, you will get the same amount of airdrop.
You will be able to exchange that with crypto or hold in order to receive yearly dividends and the coin will be also required in order to access the decentralised learning platform as you must hold a specific amount of coins in order to sign in.
Many people will tell that I won’t airdrop etc etc. But the fact is if I don’t airdrop the coins, the project will stuck and won’t be popular. So all the money invested will be useless. So don’t listen to BS.

#Salid
After airdropping are we going to launch our coin in Binance?
The answer is more complicated than you think.

There are two types of coin. One is project focused. Another one is investor focused.
Project focused coins usually develops their platform and grow the users. The bootstrap the money from the profit coming from the project itself. They only launch the coin in big exchanges like Binance, when they wants to give exit to the investors. Usually investors push them to list on big exchanges, to get enough exit liquidity.
In fact, if you check the stock market, most companies that are stable follow this strategy. They bootstrap the project, get good valuation and then go public and list them on stock exchanges.
Now, there are also some investors focused coins / companies. They initially focus on raising money form the investors. In fact, they start pre selling their coins even before listing to raise money for launch process. Then they launch the project to big exchanges and raise a lot of money selling their coins. After that they focus on development of the project.
A good example of this can be STRK, although they are a scam project, but they are still now master of raising funds. Initially, they sold few millions of their coins at 4-7$ and then as they controlling 90% liquidity, they made the price almost stable around 2$. When price goes below they buy at cheap and when price goes up they sells.
As they have still 9.3 billion left to sell, I can guess they are planning to raise more or less total 18.6 billion dollars from the market. Still their infrastructure is not ready, but there pre market investors (mostly big VC and government banks in Israel) are happy. Because they paid 0.2$ for each STRK.
Now me personally, prefer project focused coins. The growth stays stable and progressive. That’s the reason I’ll not going to presale a single coin! As I announced I’ll airdrop the majority of tokens equally to people who tipped me more than 1$. Keep 10% stacked for myself.
Remaining I’ll airdrop to my supporters.
We will list on Binance, but later.