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Why am I with profit when many are being liquidated every day? My strategy is simple: 1. Spot Trading 2. HODL HODL HODL Because I don't expect to become a millionaire in 24h. Because I can afford to hold my portfolio and not depend on it for living. And above all, because I'm not new to crypto.
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I see a lot of fear... which is normal. It's not pleasant to see your portfolio balance going down by 30% in 3 months (for those trading in Spot) or being liquidated in a few hours (for those trading in Futures). But having started to invest in crypto back in 2016, there are a couple things that I've learned: 1. When the market goes down, you do NOT touch your portfolio. You HOLD to it. Or you will regret it later once the market goes up again. Remember: In Spot Trading, you only lose from the moment you sell at a loss. 2. Do not take very seriously many "experts" opinions and don't let them influence your decisions.Nobody can predict when the market goes up or down, only speculate. One thing I'm sure of, it won't go down forever! In conclusion, it's exclusively up to you to hold your portfolio. Be patient, control your emotions. Not everyone will win, many will lose. But the strong minded have a higher chance of success, I believe! And by the way, get used to taking profits when the market is up. That money will be useful in moments like this.
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After hearing so much about Futures Trading, I've had to try for myself. It confirmed what I suspected: It's casino trading. Got lucky this time, wouldn't be so lucky in the next ones. I'll stick to Spot Trading, thanks! I still believe that 2025 will bring nice profits to those who are patient and can hold.
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Interesting fact that all the people complaining that they've lost all their funds overnight, are those playing with futures. They're even saying that Binance is a scam but the truth is: greed led themselves into this situation. And it wasn't for lack of warning!! Experienced and patient investors playing with spot, still have their bags intact and are calmly waiting for 2025. Even if your balance went down by 30%, don't panic. The market is made of ups and downs. Only the strong minded individuals will be compensated. It's Darwin's natural selection doing its work. If you still have fiat now to fill your bags, congratulations! If not, still congratulations! Just hold on to your spot portfolio and wait for the rewards.
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On the 21st of May, I have recommended you to add Fida to your portfolio. Today it pumped 45 percent. Iris and Lever will also pump in the next couple weeks. $FIDA $LEVER $IRIS
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