Futures traders: Do you also own the same coins in spot? I ask this question because many future traders get it wrong. They don’t understand the purpose of futures, and think of it as a gambling arena where you can get rich quick. If used properly, it’s the best way to manage your portfolio and risks. For instance, you can open up a short position in futures trading on a coin you just bought to hedge any potential downside. You have to work out your own percentages, but use futures trading wisely and do not think of it as gambling.
Victory belongs to the believers 🍾 Bitcoin will soon reach 180K 🚀 The recent price movements are just a trap for the inexperienced a way to make the fearful sell. Those who believe and are knowledgeable are the brave ones. Victory belongs to the believers. 🚀
Agree. i’ve remained bullish throughout. you can check my posts. BTC can reach 120k if not more within the next few weeks.
CRYPTO MECHANIC
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I don't think the top is in on $BTC
Maybe some more downside is yet to come and that's something none of us control but I don't think it's over as long as i don't get a high timeframe signal.
sideways till inauguration at least with ALTS slowly recovering
CRYPTO MECHANIC
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$BTC Takes out $91530 low but not $90800 low (Still better). I have shared my thoughts on Bitcoin multiple times that Btc chart is fine even after this downside. Might be possible that market makers just don't want to give people a chance to buy under $90k
Do you think this was it or market will head down again?
Where does your money go when you’re being liquidated? 😵
Here 👇
1️⃣ The Exchange (Binance) gains the liquidation fee, which is part of the trader’s collateral.
2️⃣ The Counterparties (other traders on the opposite side of the trade) may benefit because the trader’s position is sold to cover their profits.
3️⃣ If there’s any extra money after covering debts and fees, it may go to Binance’s insurance fund, which protects the system from losses in extreme situations.
So, Binance and other traders who took the opposite side of the liquidated trade are the ones who benefit. Binance takes the fee, and counterparties get their profits.
It’s because you keep looking at the charts everyday. If property or any other investment had live real time charts, then it would be the same. just go spot and chill.
ShaiqueQureshi
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if you want to be a heart patient, diebetic, highblood pressure and even cancer.. invest in crypto , since this is just a gamble not a real investment. you eecover your loss in months and before you withdraw it again it falls and takes you months back in minutes...
Just incase you haven’t noticed as yet, but such crazy dips and subsequent pumps are a regular thing in this market. It’s like getting sick, forgetting all the remedies, visiting the doctor and getting the exact same meds and advice as you were given before.