I have been following $BTC and other altcoins for about 10 years.
I've seen huge rises and I've seen huge declines. I have also seen people whose psychology was damaged because of their losses. I also saw people getting rich...
But what I saw most was this:
Those who waited patiently by trading in the spot market were always on the winning side, while those who traded with margin and leverage to get rich quickly were on the losing side!!!
Those who increase $10 to $1,000,000 through leveraged transactions still lose at the end of the day...
This has become a cycle.
Therefore, no matter how much we know how to do technical analysis, it is inevitable that we will lose everything at any moment with leveraged transactions. Because spot trading is trading, but leveraged trading is GAMBLING!..
And the winner in gambling is always the owner of the casino.
I wish everyone a profitable business.
PLEASE DO NOT TRADE WITH LEVERAGE!!!
DON'T SORRY YOURSELF AND YOUR LOVED ONES!!!
Or if you are going to do it, do it with an isolated margin and do it with amounts that you will not be upset if you lose all of it!!!
So, do not take even small risks with big capital!..
But with small capital, you can even take big risks if you want.
