These past few days, I've seen many people complaining about losing their accounts, going negative because of Future. From my experience of having lost a lot of money due to Future, I've drawn some lessons:
1/ Do not use high leverage, maximum is 5x 2/ Only enter a small portion of the account, 1.2% per order 3/ Only trade in one direction 4/ Only invest in Top Coins, and it’s best to split into several orders across different coins. 5/ Be ready to DCA at reasonable points. 6/ Unless the Coin dies or the exchange collapses, just keep DCAing; as long as you DCA reasonably, you will never lose your account.
For example, if you buy BTC at 106K, when BTC drops to 102K, you DCA into one order, then at 98K you DCA into another order, and be ready to DCA multiple times like that to see if BTC can drop further??
When the order turns positive, you can cut back on the DCA portion to avoid the situation of it dropping again, which will make your entry look much better.
If you trade like that, even the exchange can’t take you out, unless the coin dies or the exchange collapses...
I'm only sharing about Future once, hoping those who are losing and have negative accounts can take away something...
Assessment $BTC on December 19: - D1 Frame: after the full red candle from 106-100k yesterday, the upward trend in the D frame has been broken, BTC is back to a downward trend like the last 3 weeks when the price is still above the average line of the BB band. This means BTC may continue to rise in price but there won't be a significant breakthrough, and there will occasionally be long red candles like yesterday to shake off some holdings. Generally, as long as BTC closes the daily candle above the 100k zone, it can continue to rise, and the downward trend in this D frame can simply be understood as BTC will continue to accumulate holdings for another 2-3 weeks.
- D4 Frame: the D4 candle that just closed is really bad, BTC needs to close above 101500; otherwise, the price could be pushed down to 96k.
- W1-W2 Frame: this week closes the W2 candle, above 101200 the W2 candle remains green, however, the volume is small, so if it continues to rise, this week will see strong fluctuations to increase the volume.
=> Assessment - My article from Monday also mentioned that this week's bottom will fall into the range of 101 - 98 - at the deepest 92k. So this morning's drop to 98 can be considered the weekly bottom; if it breaks 98, then it's back to running. - I assess that BTC will continue to rise, everyone. These fluctuations are just to allow those holding BTC to release some, although there are no statistics yet, I believe that last night and this morning large organizations have accumulated a lot of BTC. - And as I mentioned above in the D frame, BTC will continue to move like this for another 2-3 weeks to continue accumulating, so each red D candle will be an opportunity for everyone to increase their position. - As for altcoins, please try to wait, everyone; they will be suppressed for quite a while. From the beginning, I have advised everyone that during this uptrend this year, investing in BTC is primary. - Please take note.
Litecoin ($LTC ) just experienced a long liquidation at $115.69! This liquidation could trigger either a deeper drop or present a perfect opportunity for a bounce. Smart traders should get ready—big moves are coming. Let’s break it all down!
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What’s Next for LTC?
This liquidation shows weak support at higher levels, but it might attract buyers looking for a discounted entry. If LTC finds support soon, we could see a reversal. Otherwise, further downside could open up.
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Entry Plan (Buy Zone)
Buy Zone 1: $114.50 – $116.00 (if LTC stabilizes around this range).
Buy Zone 2: $110.00 – $112.00 (stronger support for safer entries if the dip continues).
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Target Zones (Take Profit)
Target 1: $118.00 (quick recovery zone).
Target 2: $121.00 (resistance from previous highs).
Target 3: $125.00 (major breakout target if bulls take charge).
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Stop Loss
To manage risk, place a stop-loss at:
$109.00 (below key support to avoid heavy losses).
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Key Levels to Watch
1. $115.00: Immediate support; LTC must hold this level for a chance to rebound.
2. $110.00: Strong support zone—buyers are likely to step in here.
3. $118.00: First resistance; watch for rejection at this level.
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Pro Tips for Trading LTC
Wait for Confirmation: Let LTC hold its support or show a bullish candle before entering.
Monitor Volume: A surge in buying volume can indicate the beginning of a reversal.
Track BTC & Market Sentiment: If Bitcoin moves up, LTC may follow.
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💡 Final Thoughts: $LTC ’s liquidation could signal an opportunity to buy the dip, but don’t rush—wait for confirmation and stick to your plan. The market can turn unpredictable, so manage your risk wisely.
What’s your strategy—are you buying now or waiting for lower levels? Let’s discuss!