Home
Notification
Profile
Trending Articles
News
Bookmarked and Liked
Creator Center
Settings
Viza
--
Follow
$WIF
I don't think this random up move is real.
#tradesafely
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
See T&Cs.
WIF
1.855
-4.38%
622
0
Replies
0
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Sign Up
Login
Relevant Creator
Viza
@viza
Follow
Explore More From Creator
I tried a $50 challenge and here are the results after a month. Pretty simple strategy trading within known price ranges and trading for reversals. Tips for growing a small account: 1. Pick your coins. A significant part of my strategy is picking the right coins. For growing a small account quickly, you want to look for decent volatility memes. You can see the coins I traded for reference. I do not pick coins with a market cap under 200 million to keep myself safe from rug pulls and significant whale activity. Study these coins and figure out the kind of range it likes to trade in. For me my main coin is WIF which I've traded and watched since launch. I have a good baseline for how it likely moves. 2. Range trading. For a small account, you will likely be leveraged in any hopes of growing quickly. With that in mind, you want to take smart safe trades. If you notice a coin is trading back and forth in a 2-3% range, that's a good opportunity to take advantage of. You have a decently likelihood of revisiting said prices. 3. Leverage tapering. As your account size grows, take less risk and use less leverage. I transitioned from around 10x leverage in the beginning to now 2x. I prefer to trade in fixed position sizes as opposed to using the leverage meter in order to be more leverage disciplined. For example at 4k I might use 10k position size, and use the same size up till maybe 5-6k. Lastly, if you have no confidence in your trade playing out, don't trade. I am experienced so I have a stronger risk tolerance than most and it has paid off for me. This has only been possible by trusting my analysis and setting wide stop losses. I set them as wide as 20% since at later stages of the challenge I am trading with profits. No loss to my capital and my strategy is rock solid. Note that I have been trading for a long time so by no means is this easy.
--
$WIF if you buy when the coin has pumped considerably and pray that it 2-5x's you will lose 90% of the time. Just trade within a known range. Know what price WIF sits comfortably at. Don't buy at the bottom, don't sell at the top. If everyone thinks the same way, the early birds win big.
--
$WIF long order at 1.85
--
$WIF 1.85 tonight
--
$1000SATS everybody is bearish... Looking for a quick long push here ;)
--
Latest News
Decentralized Systems Gain Importance Amid AI And Quantum Threats
--
Bitcoin(BTC) Drops Below 94,000 USDT with a 0.59% Decrease in 24 Hours
--
Senator Proposes U.S. Strategic Bitcoin Reserve Without New Funding
--
Weekly Token Unlocks: SUI, OP, and Other Tokens to Unlock Large Amounts
--
A16z Crypto Criticizes New U.S. Treasury Regulations
--
View More
Trending Articles
I am given the deep Analysis $BTC take you profits now 🤑�
UNIC_PLATO
🔥 DOGE VS. SHIB VS. PEPE: THE MEME WAR YOU CAN’T IGNORE! 🐕🐾🐸 Get in now
MJaveed
HBAR Price Consolidation May Not End Soon, Here’s Why Heder
Cryptos Headlines
🚨 Solana ($SOL ) Short Liquidation Alert! Big Money in Play
William _ETH
🚨🚨XRP Price Prediction for January 2025 ✅🦅🦅
CRYPTO-EAGLE
View More
Sitemap
Cookie Preferences
Platform T&Cs
