I'm still feeling bad after losing all my capital yesterday. The manipulation level on alts was peak. Alts fell in seconds and btc dominance went up straight, all this to liquidate longs even for the ones like me with 4x - 7x longs. I couldn't sleep bcz I averaged more when it fell initially and put my whole capital thinking it can't dump 30% with $BTC being bullish. $BONK $FET There is no option to recover since I put my extra funds as well. Stay safe out there in futures. it's an addiction. you keep on entering it even after u lose and if u have other job then SPOT is best. Understood late but I think it's fine. I LOST 2 MONTHS OF MY PAYCHECK in an hour which was a big and harsh lesson to me.
Always remember in crypto prices don't move up in straight line but it can surely fall in straight line without relief so be careful out there. $BTC $BONK $FET
Advices Please. I went offline and saw a huge drop in $BONK and to recover my capital DCAed into it n it kept on dipping. Now I'm lost and my 70% capital is at stake.
Any suggestions please. $TNSR looked bullish. Got greedy and didn't make the exit when in profits. I guess many were bullish and the market makers had to take their money.
$LDO One thing I understood is, If $BTC pumps big then all alts do some kind of pump but just after that even when btc moves sideways. The alts which had no reason to rise keep on dumping and LDO is that shitcoin. There is no single green candle in last 8 hours in a 1H TF and when BTC drops 50 points this goes down huge so understand and trade along with fundamentals and not on technical analysis bcz in crypto it never works.
I hate the manipulators, Just to grab the liquidity and punish the shorters, $ETH does a semi pump and comes back to my buy price. I had placed SL just in case. But now I feel I shouldn't have even placed so that I would have not been paying liquidity grabbers. I hardly made any money in his pump as I closed my ETH long just yesterday at 3100 just 30 mins before the pump as I needed some sleep. Hence, wanted to at least make it in short but neither worked and feel so irritated. Closed all my longs after this and will stop for a day.
I closed my $ETH long yesterday as I needed sleep and don't like trades with high level open, n missed on my biggest gains since I had 2 ETH long. FML Now I just shorted small amount but feel scared looking at its movement 😯🥶
I think Futures trading is very difficult. U need to have stronger mindset to profit from it. I made many long entries like $FET $1000SATS $CKB $TNSR $FTM but starting I didn't book profits bcz it was just 10 percent n I had my TPs of 40% so when I waited I was losses of 60-90%. and after many such trades I just closed all at break even when it started to bounce. But then its also bcz of fear of losing I close with no profits Had I held them I would be sitting 6x my trading balance in just a week.
What is wrong with $TNSR It doesn't even show any sign of recovery after 15% drop. While market is trying to relieve this lags so hard. Better to avoid. Also, I feel we are not in bull market. Always easy to make money on shorts then longs bcz everytime I see alts only dumping. $BTC
Closed my winning trades of $CKB and $FTM with break even 💔 and took $TNSR $FET and they disappointed badly. The closed ones would have made me nice profits and these are in loss. My motto is Minimize loss and maximize profits. But in Futures I see everytime it happens the opposite to me. Any expert advices?
To take 1 day off I closed my long positions of $CKB $1000SATS $FTM $FRONT with breakeven or +5$. I return today and all these are pumped. Could have easily made 100-200% since I was 10x long. Now I entered back into new trade and market decides to do a little bit play towards downwards. FML