Binance Square
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From Bags to Riches
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#Hello folks! Today is the first day of our journey from a mere 100 dollars to 100k dollars, trading in a degenerate way, praying to the gods of fortune, as we try to learn and grow alongside our portfolio and not blow it all up in a single trade. You know exatcly what I mean. Yeah you do.😄 We kick it off with a humble 5x levaraged trade on $AGLD Price was lookin really bullish towards prior resistance zone, we entered at a nice lil comfortable entry on a 1min chart with a fixed 10 percent TP, and 5 percent SL. We nicked 10 percent, trade 1 out of 1 successful. We are off to a good start, lets get this party started! What do we do now? Give this degen some crypto setups to keep an eye out for scalp, and feel free to drop your strategy bellow and well give it a whirl as well! #daily #degen #journey #bags #riches

#Hello folks!

Today is the first day of our journey from a mere 100 dollars to 100k dollars, trading in a degenerate way, praying to the gods of fortune, as we try to learn and grow alongside our portfolio and not blow it all up in a single trade. You know exatcly what I mean. Yeah you do.😄

We kick it off with a humble 5x levaraged trade on $AGLD

Price was lookin really bullish towards prior resistance zone, we entered at a nice lil comfortable entry on a 1min chart with a fixed 10 percent TP, and 5 percent SL.

We nicked 10 percent, trade 1 out of 1 successful. We are off to a good start, lets get this party started!

What do we do now? Give this degen some crypto setups to keep an eye out for scalp, and feel free to drop your strategy bellow and well give it a whirl as well!

#daily #degen #journey #bags #riches

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Message to fellow squarers Binance square is a little bit f**d up. I see a lot of people here expect others to give em singals for entry and exit which are horrendous in my opinion, things like entry at $2 with 50x, SL on 1.5. My guy, you gettin liquidated waaay before that. People dont think. Then there's the '100x gems fellas' shilling screenshots of other peoples wallet, promising airdrops for likes and shares. These folks share like 20 cryptos a day, calling projects with 50B MC next 100x. Ridiculous. Then the 'beggars'. For me that is like new low. If you were real hungry youd be beggin food on the street, not writing on your iphones on a couch. If you know, you know what im talkimg about. 'Sir wen send tip plz very poor family hangry.' No my guy, no. And in every 2nd comment people cry and beg how they loose everything. Nobody made you do it. Its your will and greed. Take it like a man, either quit entirely or learn goddamn strategies and risk management and take a shot at it again. I lost everything twice before I managed to change my mindset and results. You are not born with special talent for trading. You learn it, you apply it, you repeat it over n over n over again, and then you have profits. ( extra tip, dca back into spot part of profits and move to cold wallet for hodling ) I will end with this. If you are not profitable in trading buy in spot and hold. Set TP at like 2, 5 or 10x and alarms at those prices. Dont open Binance ever until alarm. Gauge timing and repeat. If you do wanna trade,stop everything you're doing. Go back to paper trading, and do 500 manual trades with your strategies, and target 1% SL or 2% TP at MAX 3X lvrg. If you complete 500 paper trades, and youre in profit you can move to real trades but with MINIMAL amount of money, ie use 20-50% in trade keep 50-80% as reserve. You know your strategy now, you know it works over xy trades eventually and you have no stress, no larges fees like at 50x, and you have more time to adjust and enter your trades. BagMan out.
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Still waiting on $TURBO and $HONK to get to Binance. Things would yeet from there. Bettin on $AGIX , $GRT and $VANRY this month. Well see what nVidia gives us. Narrative is good but these things need results as well if big money is to follow. Sold BNB in 21 and never bought again, big regret, dat ting go up like 2k bare minimum fam. Easy peas. Funnily tho, I wanted my mother to own some crypto so i bought her some $1k dollars in BTC and $2k BNB past year at like 30ish K and 220 respectively. This week i find her booking some profits and doing DCA into mid and lowcaps, asking what is memecoin🤭😁 For me funniest sh** ever and im so proud. They grow up so fast.😁 Example i hold $ARKM from 0.5 ( had opportunity to enter even lower but I was ignorant ) withput taking profits and refuse to sell any before 30 mark. Why? Becausw they already got a product. Its a good product. It works. Its used. Its easy to use. Gives knowledge. Trading logic ✅ Waiting for alts to go skrrrt quickly so yall FOMO at higher prices and become liquidity so they may pump BTC/ETH again. Then you follow FOMO into buying BTC over previous ath because moon degens will say at 80k BTC going to million. Then they cash a bit of pure sweet profit and repeat the cycle. Jupiter and Raydium seems very very interesting because of accessibility of traded tokens but I fear implosions of such dexes. Its all good and rosy until a hack occurs or ting go down not vertical cuz of crash fam. My fears on subject but im a paranoid so yeah. I cut off that challemge cuz its a pasttime and i had no time for that trivia. But we still going.
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