"Losses are the parents of your profits" No big trader alwa | Ali Mutajassis на Binance Square

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"Losses are the parents of your profits"
No big trader always wins - Learn to accept loss to be profitable!

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Yup, it does work but did you study Islamic Sharia principles? If so, then you can see that it gives us a few amounts of locked Eigen for 150 days with 10% of Annual Yield interest (riba) which is Haram... Although Binance learn and earn is a motivating section to attract beginners to learn but we (Muslims) need to be more careful where such rewards come with interests, etc. Overall, your post was useful but please be cautious while suggesting people about methods of earning money and getting rewards, and think if you're (unintentionally) taking someone to Haram way of generating rewards as it will lead to Jahanum. #Binance #LearnAndEarn #Rewards

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Don't be a beggar here. If you can't afford loss in options, margin, or futures just don't do it. Trading is not gambling... Go and learn first, and practice it with only spot trading. Always, manage your finances, keep a record of trades, and conduct a research before making any investments in anything. #BinanceAlphaAlert

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Update: Since $USUAL was relisted, the first short-term decline has been started. Current (weak) support is at around 1.24 and resistance is on around 1.47. RSI on the 1H chart is around 63.74 If price breaks down the current support level, be ready for its short and if it breaks resistance level which is 1.47, it might continue going up until the next resistance is formed. My analysis might go wrong. Always do your own research (DYOR) before making any investments.

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Here is an other scenario, suppose you think it will hit $2 dollars and you hold, and the price breakdown to $0.53 without hitting even $1.7 How will you feel? 😂 You should research well before making any move, and when you make a decision whether you have to hold or sell, you must stick to it. This is called controlling emotions - learn to do that. $USUAL #FullMarketBullRun #BinanceAlphaAlert

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I bought $USUAL when it was in pre-market at the price of 0.804 and sold it when the price was 1.2463 and earned 59.17% profits in Spot. The price is still at its highest level with 79.02 RSI (at the time of writing). RSI over 70 indicates that the coin is overbought and the investor will start selling it soon to take their profit and RSI over 80 means the coin is extremely overbought. So, there is a higher chance for the price to break down. If you have made any profits in this coin, it's time to take it or you might have to wait for a long period. Note: The content is for informational purposes only. Always do your own research (DYOR) before making any financial or investment decisions. #BinanceAlphaAlert However, What do you think about $USUAL ? Do this coin shall remain bullish or will it start bearish trend?

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