Someone asked me, why do I always close my trades at 100% profit, I told them its better for me to take little profit than loss more than I anticipate. Note that 100% profit is on the amount I invested, if I invested $1k I get extra 1k one each trade, accumulation of it make me grow my profits. #alwaystakeprofit no matter how little it is, it will always be better than loss.
Trading $PEPE and other memes are very volatile , if you want to trade on them you have to be on it 24/7 you can loose all you have on them within mins and also become millionaires within mins... but they are still my favourites on futures...
When $BTC pump most coin pump along , not because the vol is high on those coins , it only pump because btc pump, so if you have any long positions right now you need to watch out because when btc dump others will follow ....
Hi everyone, with the current ups and down of $WIF if it remains like this for the next 12hrs I will think to short or long it depending on the market movements at that timeframe .
My take on the $ONDO coin, there are lots of buy but heavy sell at a time, am not trying to fud this coin but you need to be careful out there not to get dump on. Am trading on it and still at profit but have seen huge sell of about 30k to 100k+ , they sell and re-enter again when it’s slightly low. It’s good for trading but don’t plan to hold for long . NFA
I see the whales shaking off paper hands on $WIF and its interesting how the buying pressure keeps on pushing the selling presure aside... I may buy some of this and see where it goes...
Hi, have been away with work.. I saw $BTC pump to 66k, I will say don't panic to buy the top it can still fall
I saw people complaining about $ATA and $WIF , if you notice this 2 coin are following the $ETh trend and despite the pump the Eth is kinda moving slowly
My advice is for everyone to be calm and keep on monitoring make sure you don't buy and get dump on
WIF has lots of sell today, but it's still one of the best meme you can hold on to for now.
I will keep on reminding you all, am not an expert in trading , but i have a strategy that works for me... ever since i decided to play my own trade and stop following what so called professionals are saying , I have been accumulating my money gradually ... Even in these current dump am still accumulating my money...
Simple Logic : Don't be greedy
Play safe and don't over exaggerate the maket
Believe when it goes up it will surely come down and when it goes down it will go back up.
Use lower leverage , that will save you from liquidation
Don't be in a hurry to go into any trade, study what the crypto you want to trade on has been doing since 1wk, 2wks 1month and last few days before you make a decision about trading it...
One method I used that has always works for me is that i don't trade any crypto that is already up... e.g $BTC i will always make sure am patient enough to long when am sure its low and short when am sure its high and if am confused about it i will just go neutral ... going neutral doesn't mean i can't loose money , it just reduce my risk of getting liquidated... never be greedy to trade at the wrong time...
Am closing 2 of my open trade tonight , $ONG & $ONDO these 2 has been opened before the dump , somehow they've manage to stay strong, so i decide to take my 50% profit on each trade and re-enter again at a suitable time... its better to take little profit than sell at loss.. I may not be leveraging high, but my little leverage is securing my bag and giving me little profit 😄
Have been observing$ATA for few days now and i think am going to wait a little to see if it goes down a little .. its either I play long or neutral ...
Its difficult to know where #btc is going right now , i didn't hop in when the dip came and am still in doubt if i should hop in now, am thinking i should do both long & short but that sound more like gambling 😆😆.. NFA....