Remember friends another dump might come again, Do not over leverage, use stoploss. One dump can liquidate your position and you will miss this bull run. Be patient your time will come whatever mistake you have done accept it move on.
Btc might dump from here or from 105000 its better to leave the market right now, yes you might miss some profit but no profit is always better than loss. I am not an expert I have been in the market for only 4 years. Just sharing my experience. A liquidation wick will come before the ALT season where suddenly everything will dump 15-20 percent.
#Suggestion i sold my all positions, market is in very critical condition its better to exit from market. Not making profit is always good instead of making loss. Just a suggestion do not follow my advice i always play on safe side.
Nowadays people think that crypto is like gambling trying to double their money instantly. I am not saying it cannot happen but remember if you want to double your money instantly then you have to take a risk, 10x 20x leverage and there are high chances that you will lose your money, in trading patience is the key buy and wait for high dont panic buy or dont panic sell.
If you are confused in market and dont know it will go up or down, simple way is to buy in spot and if your coin drops more than 30% transfer funds to future and buy same at 2x leverage now your liquidation chances are very less and profit chances are high.
cryto market wont let everyone earn from it. Remember before bull run 1 downfall will come a wick where alt coins and everything will drop 20-25%. 90% of cryto trader will be vanished and then bull run will start.
Hello guys this post is for those people who trade in future. Its my humble request to you that please dont trade in future if you cant control your greed. I am a spot trader and a day before yesterday i thought i should try future with 500$ and i will not be greedy and if something goes wrong i have 4500 in spot account, slowly slowly i started became greedy whenever my stoploss was getting hit i used to transfer my funds from spot to future, and then i realised that i lost my 50% portfolio because market was volatile. Finally i recovered my money and to be honest i was lucky ( All thanks to god) that i bought right coin at right time i am still in 500$ loss but i closed my positions and moved to spot.
Btc daily candle has not hit lower low since last 12 days, if it falls below 90000 market will fall and possible wick of 20-25% for alt coins. You can short BTC, BONK, WLD.
This is the best trade setup i did short yfi at top for 10000 and bought wld and act 5000 each. Now if market dump yfi my cover loss and i can average buy again at bottom and if market pump, wld and act will give me 100$ each and my stoploss will be hit for yfi -50$. Always take insurance in future market
whoever is trading in future i have one suggestion for you do not put stoploss for shortterm ( like 1 or 2 % margin) market is going upside and down but if you see overall market, market is not going down