LIVESiddharth Giri
@SiddharthGiri
Twitter: @iSiddharthGiri, Follow me for Trading Setup, Technical Analysis, Crypto Explanation, and everything related to cryptocurrencies.
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🚨Biggest #Trading Mistake🚨
Suppose you start trading with $1000 and you decided to risk 5% ($50) per trade.
You open a trade after confirmation but the trade hit stop-loss. You open another trade after confirmation but this trade hit stop-loss again.
After two continuous losses, your balance is $900 & you start panicking & your mind forces you to take the wrong decisions.
Now you start thinking about recovering your losses instead of making a profit & to recover the loss your mind forces you to open another trade.
You open another trade without confirmation & this time you take a higher risk because your mind is forcing you to do so. The trade hit stop-loss again.
💔Your mind keeps forcing you & you keep doing the same mistake again & again & you end up with a $0 balance after a few more trades. #BinanceTournament
Suppose you start trading with $1000 and you decided to risk 5% ($50) per trade.
You open a trade after confirmation but the trade hit stop-loss. You open another trade after confirmation but this trade hit stop-loss again.
After two continuous losses, your balance is $900 & you start panicking & your mind forces you to take the wrong decisions.
Now you start thinking about recovering your losses instead of making a profit & to recover the loss your mind forces you to open another trade.
You open another trade without confirmation & this time you take a higher risk because your mind is forcing you to do so. The trade hit stop-loss again.
💔Your mind keeps forcing you & you keep doing the same mistake again & again & you end up with a $0 balance after a few more trades. #BinanceTournament
🤯 $30M Profit 🤯
Someone posted his PnL on Twitter. All Time Profit is $30 Million.
This is Just Crazy 😱
What's Your Target That You Want To Achieve in The End of This Bull Market ?
#BinanceTurns7
Someone posted his PnL on Twitter. All Time Profit is $30 Million.
This is Just Crazy 😱
What's Your Target That You Want To Achieve in The End of This Bull Market ?
#BinanceTurns7
❓How I Converted $400 To $8000+ Within a Month.
😍 This is one of my favourite Binance Memories.
December last year, before the start of Bull Market, I deposited around 400 USDT into my Futures Account and within a Month I converted it to 8000+ USDT.
🤔 What did I do?
1) Don't Try To Short: As we were in the pure bull market so I decided to follow the trend and never opened any short even why I was 99% sure about the setup. I was just looking to long every dip with 5-10X Leverage.
2) Don't Wait For The Target: There are so many traders who round trip their profit because they wait for the profit target price. I was just looking to compound my gains, which you can also notice in the screenshot. Compound gain is far better than regretting about not taking profit.
3) Leverage Doesn't Matter: It doesn't matter if you use 5X, 50X, or 100X Leverage. Always calculate the position size before opening any position and increase or decrease size depending on your setup. If you are very sure about your setup, you can increase your position size and if setup isn't looking good, keep your position size low and add to in if you get a dip.
Apart from all these, you can also follow what works for you and wait for the next bull market because trading is much easier in the bull market compared to the current condition.
💯 Converting small balance to a big balance is possible in bull market and you can do it to. You just need to keep your risk limited and keep compounding gains.
#BinanceTurns7
😍 This is one of my favourite Binance Memories.
December last year, before the start of Bull Market, I deposited around 400 USDT into my Futures Account and within a Month I converted it to 8000+ USDT.
🤔 What did I do?
1) Don't Try To Short: As we were in the pure bull market so I decided to follow the trend and never opened any short even why I was 99% sure about the setup. I was just looking to long every dip with 5-10X Leverage.
2) Don't Wait For The Target: There are so many traders who round trip their profit because they wait for the profit target price. I was just looking to compound my gains, which you can also notice in the screenshot. Compound gain is far better than regretting about not taking profit.
3) Leverage Doesn't Matter: It doesn't matter if you use 5X, 50X, or 100X Leverage. Always calculate the position size before opening any position and increase or decrease size depending on your setup. If you are very sure about your setup, you can increase your position size and if setup isn't looking good, keep your position size low and add to in if you get a dip.
Apart from all these, you can also follow what works for you and wait for the next bull market because trading is much easier in the bull market compared to the current condition.
💯 Converting small balance to a big balance is possible in bull market and you can do it to. You just need to keep your risk limited and keep compounding gains.
#BinanceTurns7
🚨The Truth of Trading.🚨
🥲On this dump, my portfolio is around 25% down from my all-time high because I wasn't expecting this dump.
💯One thing you need to understand is that eventually you'll be wrong and when you're wrong, you need to find a way to Survive.
✅Don't try to catch the bottom. If you still have funds you can DCA and if you already bought earlier, you don't need to worry about current price because everything will be alright within next few months.
🥲On this dump, my portfolio is around 25% down from my all-time high because I wasn't expecting this dump.
💯One thing you need to understand is that eventually you'll be wrong and when you're wrong, you need to find a way to Survive.
✅Don't try to catch the bottom. If you still have funds you can DCA and if you already bought earlier, you don't need to worry about current price because everything will be alright within next few months.
✅I Easily Converted $5K To $5 within 48 Hours. 🤣
Share your trading experience below. ⬇️
Share your trading experience below. ⬇️
#BTC - Touched EMA200 in Daily + Took The Liquidity Below 58.2K + Bullish RSI Divergence in Daily.
If the next day candle will be closed in Green, Bottom will be almost confirmed.
If the next day candle will be closed in Green, Bottom will be almost confirmed.
#BTC Should Hold Here.
$BTC Touched Demand Zone in Daily Chart and I think this is the perfect place for bounce.
The best time to bounce is when everyone starts feeling bearish and currently, most people are expecting lower.
Let's see what happens. 🚀
$BTC Touched Demand Zone in Daily Chart and I think this is the perfect place for bounce.
The best time to bounce is when everyone starts feeling bearish and currently, most people are expecting lower.
Let's see what happens. 🚀
🎉Share Internet To Earn Rewards.🎉
BlockMesh is an innovative network that allows users to monetize excess bandwidth.
You need to download BlockMesh Extension in your Laptop's Browser and setup a new account to start earning rewards.
After setting up the extension, the extension will regularly earn points by running in the background.
🤝You Can Use "CryptoSid" Invite Code To Register a New Account.
🔐 You also don’t need to worry about privacy or security because BlockMesh is fully open source.
BlockMesh is an innovative network that allows users to monetize excess bandwidth.
You need to download BlockMesh Extension in your Laptop's Browser and setup a new account to start earning rewards.
After setting up the extension, the extension will regularly earn points by running in the background.
🤝You Can Use "CryptoSid" Invite Code To Register a New Account.
🔐 You also don’t need to worry about privacy or security because BlockMesh is fully open source.
#BTC 🚀
As mentioned in the previous post, DCA is the Best Strategy.
I hope you bought the dip instead of waiting for one more dip.
As mentioned in the previous post, DCA is the Best Strategy.
I hope you bought the dip instead of waiting for one more dip.
LIVESiddharth Giri
--
Em Alta
🤷Everyone wants to buy the dip but when we get the dip, everybody is scared to buy.
Around 2 months ago, I said retest of 52K will be the last buying opportunity and #BTC dipped to 56K.
Maybe we'll get the retest of 52K or Maybe we won't but DCAing the dip is the best you can do because no one can catch the bottom but if you'll DCA your entry, you'll be profitable at the end.
Around 2 months ago, I said retest of 52K will be the last buying opportunity and #BTC dipped to 56K.
Maybe we'll get the retest of 52K or Maybe we won't but DCAing the dip is the best you can do because no one can catch the bottom but if you'll DCA your entry, you'll be profitable at the end.
🤦Yesterday, People were saying 45K is next and today, they're saying 75K is next.
These influencers never going to change 🤣 but I hope you bought your favourite alts and #BTC at 57K when I told you yesterday.
These influencers never going to change 🤣 but I hope you bought your favourite alts and #BTC at 57K when I told you yesterday.
🤷Everyone wants to buy the dip but when we get the dip, everybody is scared to buy.
Around 2 months ago, I said retest of 52K will be the last buying opportunity and #BTC dipped to 56K.
Maybe we'll get the retest of 52K or Maybe we won't but DCAing the dip is the best you can do because no one can catch the bottom but if you'll DCA your entry, you'll be profitable at the end.
Around 2 months ago, I said retest of 52K will be the last buying opportunity and #BTC dipped to 56K.
Maybe we'll get the retest of 52K or Maybe we won't but DCAing the dip is the best you can do because no one can catch the bottom but if you'll DCA your entry, you'll be profitable at the end.
LIVESiddharth Giri
--
Em Baixa
✅️This will be the last chance.
I don't know if #BTC will retest 52K again but in case if we get a retest, it will be the last chance to buy alts at a cheaper price before the alt season.
Most people are still sidelined and waiting for a dip to fill their bags but when we'll get a dip, these people will be scared to buy the dip but I would recommend you to start buy slowly in every small dip because no one can predict the bottom.
I don't know if #BTC will retest 52K again but in case if we get a retest, it will be the last chance to buy alts at a cheaper price before the alt season.
Most people are still sidelined and waiting for a dip to fill their bags but when we'll get a dip, these people will be scared to buy the dip but I would recommend you to start buy slowly in every small dip because no one can predict the bottom.
Don't be that guy who sold just before the pump.
🧠You should be careful, if you're trading leverage but this is not the time to sell your SPOT bags.
✅ SPOT Bags are long term investment and 15-25% dips are normal but selling for loss just before the bull market would be one of the biggest regrets.
🧠You should be careful, if you're trading leverage but this is not the time to sell your SPOT bags.
✅ SPOT Bags are long term investment and 15-25% dips are normal but selling for loss just before the bull market would be one of the biggest regrets.
🚨 Don't Do This Mistake 🚨
🔴 Connecting your main wallet to every DEX is one of the Biggest Mistakes anyone can do in the Crypto Industry. If by mistake you connect to a malicious website, scammers can access your wallet and withdraw all funds.
😱 You can search on Twitter and Google, 100s of wallets are getting drained daily by connecting their wallets to malicious decentralised exchange.
✅ This is the reason you should always keep two wallets for DeFi. One wallet for doing transactions and other for holding purpose.
#ScamRiskWarning
🔴 Connecting your main wallet to every DEX is one of the Biggest Mistakes anyone can do in the Crypto Industry. If by mistake you connect to a malicious website, scammers can access your wallet and withdraw all funds.
😱 You can search on Twitter and Google, 100s of wallets are getting drained daily by connecting their wallets to malicious decentralised exchange.
✅ This is the reason you should always keep two wallets for DeFi. One wallet for doing transactions and other for holding purpose.
#ScamRiskWarning
I Lost $50 USDT — Crypto Scam With Me!
Please like and share this article to help others.
Cryptocurrency scams are rising, and everyday scammers are using new tricks to steal our money. If you don't understand the difference between a real offer and a fake one, the chances of getting scammed are very high.
When I was new to Crypto, I didn't have any idea about Crypto Scams and one day I received a DM with Crypto Wallet's Recovery Phrase and Private Key.
I was surprised 😯 to see the recovery phrase in my DM but when I imported that recovery phrase into my wallet, I was shocked 😱 to see real 3800 USDT.
Obviously, after looking at that amount anyone would think about withdrawing the money and I was also thinking the same.
However, the wallet didn't have enough $ETH to cover the gas fees so I sent $50 worth of ETH to that wallet because at that time gas fees were between $40-50 USDT.
After sending Ethereum to that wallet, I tried to withdraw the funds but I was unable to withdraw and I started panicking and crying 😭 too.
I was still able to access the wallet but withdrawing wasn't possible then after doing some research I got to know about the multi-signature wallet scam.
What's Multi-Signature Wallet?
Multi-signature wallets require confirmation from two or more owners to approve an outgoing transaction.
This means you can see the balance or deposit more funds but withdrawing isn't possible without the approval of two or more owners.
Scammers create multi-sig wallets and share recovery phrases to scam crypto investors.
That day, I lost $50 USDT but I also learnt that never trust when something is looking too good to be true.
I also did research and got to know about various crypto scams.
I hope you learnt something from my story.
Please like and share this article to help others and if you have any stories related to crypto scams, please share them in the comments section below.
#ScamRiskWarning
Cryptocurrency scams are rising, and everyday scammers are using new tricks to steal our money. If you don't understand the difference between a real offer and a fake one, the chances of getting scammed are very high.
When I was new to Crypto, I didn't have any idea about Crypto Scams and one day I received a DM with Crypto Wallet's Recovery Phrase and Private Key.
I was surprised 😯 to see the recovery phrase in my DM but when I imported that recovery phrase into my wallet, I was shocked 😱 to see real 3800 USDT.
Obviously, after looking at that amount anyone would think about withdrawing the money and I was also thinking the same.
However, the wallet didn't have enough $ETH to cover the gas fees so I sent $50 worth of ETH to that wallet because at that time gas fees were between $40-50 USDT.
After sending Ethereum to that wallet, I tried to withdraw the funds but I was unable to withdraw and I started panicking and crying 😭 too.
I was still able to access the wallet but withdrawing wasn't possible then after doing some research I got to know about the multi-signature wallet scam.
What's Multi-Signature Wallet?
Multi-signature wallets require confirmation from two or more owners to approve an outgoing transaction.
This means you can see the balance or deposit more funds but withdrawing isn't possible without the approval of two or more owners.
Scammers create multi-sig wallets and share recovery phrases to scam crypto investors.
That day, I lost $50 USDT but I also learnt that never trust when something is looking too good to be true.
I also did research and got to know about various crypto scams.
I hope you learnt something from my story.
Please like and share this article to help others and if you have any stories related to crypto scams, please share them in the comments section below.
#ScamRiskWarning
Everybody want 20X+ return but nobody want to hold when price drops 20% drops.
You need to understand that 20% - 30% dip is normal in a bull market and if you start panicking after a few % dips, you ain't going to make it.
You need to understand that 20% - 30% dip is normal in a bull market and if you start panicking after a few % dips, you ain't going to make it.
#BTC UPDATE ✅
Last week, I said $BTC will go below 59,112 to take the liquidity and BTC dipped to that level but missed it by a few hundreds dollars.
Now, Bitcoin has claimed above EMA50 in daily and so many people are still waiting for a dip. I think they will keep waiting and Bitcoin will start pumping.
Note: Halving is also over so market sentiment is bullish by default.
Last week, I said $BTC will go below 59,112 to take the liquidity and BTC dipped to that level but missed it by a few hundreds dollars.
Now, Bitcoin has claimed above EMA50 in daily and so many people are still waiting for a dip. I think they will keep waiting and Bitcoin will start pumping.
Note: Halving is also over so market sentiment is bullish by default.
LIVESiddharth Giri
--
🔄Restart BULL Market.🚀
I am expecting one more dip below 59,112.
If #BTC will take the liquidity below 59,112, it can also touch EMA100 in daily, which will be very good to restart the bull market.
Let's see what happens next.
I am expecting one more dip below 59,112.
If #BTC will take the liquidity below 59,112, it can also touch EMA100 in daily, which will be very good to restart the bull market.
Let's see what happens next.
🔄Restart BULL Market.🚀
I am expecting one more dip below 59,112.
If #BTC will take the liquidity below 59,112, it can also touch EMA100 in daily, which will be very good to restart the bull market.
Let's see what happens next.
I am expecting one more dip below 59,112.
If #BTC will take the liquidity below 59,112, it can also touch EMA100 in daily, which will be very good to restart the bull market.
Let's see what happens next.
🚀Bull Market Tips🚀
All people lost some amount of money after recent dump, if an influencer is saying s/he lose 0 money, s/he is clearly lying.
😨Now most peoples are scared and selling the bottom but you don't need to worry because crypto market is known for this. During COVID, the entire market dumped 70% within an hour and everyone was in panic but now you can see how market has recovered.
✅Even if your SPOT bag is in heavy loss, this isn't the time to sell. If you have funds you can buy more otherwise wait and you'll be surprised to see the recovery after a few months.
And stay away from the leverage trade until the market direction is clear.
All people lost some amount of money after recent dump, if an influencer is saying s/he lose 0 money, s/he is clearly lying.
😨Now most peoples are scared and selling the bottom but you don't need to worry because crypto market is known for this. During COVID, the entire market dumped 70% within an hour and everyone was in panic but now you can see how market has recovered.
✅Even if your SPOT bag is in heavy loss, this isn't the time to sell. If you have funds you can buy more otherwise wait and you'll be surprised to see the recovery after a few months.
And stay away from the leverage trade until the market direction is clear.
✅You see blood in the market but I see the buying opportunity.
These are the time to buy alt coins but what people usually do is they sell their bags when they see red and FOMO back in when they see green.
Remember, we can't predict the bottom but buying Red and selling Green is the best strategy.
These are the time to buy alt coins but what people usually do is they sell their bags when they see red and FOMO back in when they see green.
Remember, we can't predict the bottom but buying Red and selling Green is the best strategy.
