I have started with 2000 usdt 3days before my 7500 usdt liquidated I have start trading again with different strategy
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The Crypto Anatomy
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Bikovsko
$XRP I GOT LIQUIDATED!!!
Yes, and I've no shame in admitting it.
But I'm sharing this experience to convey one simple message to you.
Don't Let Them Wipe You Out Of The Game.
Wealth is not generated by trading futures. It's about building a structural monument which is not built in a day.
I started small and had a shaky start. But my strategy was simple.
Build it from scratch.
I started small again and was slowly making it happen. Sharing my trades and of course signals every now and then with you. But liquidation slapped me harder and wiped my futures account.
But here's what I did before this bloodbath that makes me feel still confident and secured in this unpredictable market.
🔸When I started making profits I recovered my initial capital deployed for futures.
🔸Took some profits out to my bank as well
🔸Paid off some loans on Binance withdrawing a portion from my futures account.
And FYI that initial capital used was a loan taken by keeping crypto as a collateral. Yes, that's the power your assets possess. But I won't advise you to take a loan on your assets and start trading futures.
Don't ever think about it.
I know how much risk to take and was acting accordingly. TBH it was a decent sum I lost and was mainly a solid running profit.
So what went wrong?
Greed? Yes. I would say 50%.
Optimism? Fair enough & holds 50%.
But I made sure in advance that in any adverse situation no damage is done to my entire account and yet after this sudden massacre I'm standing strong.
Spot is growing. I'm earning everyday on my assets and that is passive income.
The only thing is I've to restart again in Futures but this time I know what "Not To Do". And yes I bought the dip today in my fav Alts.
I may have lost a 4 figure but I know it's the beginning of a journey towards 6 figures.
when I entered in MKT I had purchased 1st Sol in 143 them dca till 19 1 day 1 saw 6 usdt Sol my portfolio was ruined but I trust Sol and Sol never ditch me I sold Sol min 180 usdt
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AkramulPRo99
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SOL Sell Or Hold Please Help Me Guys 🙏 #BTCBreaking100KAgain? #Sol #AkramulPro99
Do you remember Stephen Thomas, the German programmer who became famous for losing access to 7,002 #Bitcoin ? In 2011, Stephen received 8,000 Bitcoins as payment for his work on a Bitcoin-related project. Back then, Bitcoin was still in its early stages, and its value was much lower, with one $BTC worth around $0.30.
However, Stephen lost access to his digital wallet due to forgetting the password. Unfortunately, the wallet was heavily encrypted, and he couldn’t recall the password, resulting in the loss of 7,002 Bitcoins, which are now worth over $200 million.
Stephen tried repeatedly to recover the password using all available methods, but he was unsuccessful. In an interview with The New York Times in 2021, he said, "Bitcoin was just an experiment at the time, and I never expected it to become so valuable." “I would just lay in bed and think about it,” Mr. Thomas said. “Then I would go to the computer with some new strategy, and it wouldn’t work, and I would be desperate again.” $BTC
In last month I made 1700 usdt without risk I could have made 10000 usdt with taking huge risk, but I m here for making profit, being greedy don't work every time this our money we have to protect it
It is being called high #risk high#Reward! , low risk low reward. New user mostly goes with first pattern and loose all their wealth. we should start trading with proper risk #management . keep your wealth in your hand and took minimum chance of #Loss . Next post I will share #coins to buy now.
New user comes and invest mostly in #meme_coin because meme coins are low cost, they think it's easy to be billioner There is never easy to earn money #Billioners invest only in #Bitcoin❗ understand the #cryptoWorld smartly then invest you will sure #profitatble
Narrative is the base in #cryptoWorld . In last season we have seen #Metaversee token explosion. Next #altsesaon I am looking #AI板块强势进击 , #GamingCoins , #realworldassets. ETH & Solana basis token will also give good returns you can share your experience also thank you
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