Message to fellow squarers
Binance square is a little bit f**d up.
I see a lot of people here expect others to give em singals for entry and exit which are horrendous in my opinion, things like entry at $2 with 50x, SL on 1.5. My guy, you gettin liquidated waaay before that.
People dont think.
Then there's the '100x gems fellas' shilling screenshots of other peoples wallet, promising airdrops for likes and shares. These folks share like 20 cryptos a day, calling projects with 50B MC next 100x. Ridiculous.
Then the 'beggars'. For me that is like new low. If you were real hungry youd be beggin food on the street, not writing on your iphones on a couch. If you know, you know what im talkimg about. 'Sir wen send tip plz very poor family hangry.' No my guy, no.
And in every 2nd comment people cry and beg how they loose everything. Nobody made you do it. Its your will and greed.
Take it like a man, either quit entirely or learn goddamn strategies and risk management and take a shot at it again. I lost everything twice before I managed to change my mindset and results. You are not born with special talent for trading. You learn it, you apply it, you repeat it over n over n over again, and then you have profits. ( extra tip, dca back into spot part of profits and move to cold wallet for hodling )
I will end with this. If you are not profitable in trading buy in spot and hold. Set TP at like 2, 5 or 10x and alarms at those prices. Dont open Binance ever until alarm. Gauge timing and repeat.
If you do wanna trade,stop everything you're doing. Go back to paper trading, and do 500 manual trades with your strategies, and target 1% SL or 2% TP at MAX 3X lvrg.
If you complete 500 paper trades, and youre in profit you can move to real trades but with MINIMAL amount of money, ie use 20-50% in trade keep 50-80% as reserve. You know your strategy now, you know it works over xy trades eventually and you have no stress, no larges fees like at 50x, and you have more time to adjust and enter your trades.
BagMan out.