I am reading many posts about Losses suggest you all new comers kindly analyse the market if you can't then just do spot trading it's safer for you. #BTC_Bounce_Back_to_57k #BinanceTurns7 #SOFR_Spike $BTC $SOL $BNB
As have told at morning if it cross 67k then it will hit 70k but now it's dropping and if it continues then below 63k it will be a huge crash...#bitcoinhalving #Megadrop #Token2049 #Memecoins $BTC $ETH $BNB
Risk is a key factor in any business . Stock market and trading in crypto market has a significant risk Criteria as you may loose everything you invest .
Now question is how to manage risk factors?
Surely it varies person to person it depends upon your financial conditions i knew many of the new traders who invest and loose everything then to recover this loss , they borrow from others , invest and again got loss destructive fashion of cryptocurrency can lead your mental condition towards even financial disaster
make sure you invest what you can bear Take your exit with profit if you have loss make sure it's just 10% of your investment
Don't loose everything if you have something you can regain everything you loss but if you have nothing this will lead you towards mental illness
care yourself take lesser risk according to your capital do spot trading first then after expertise try other trading fashions
May Everyone of you Have financial independence this year🙏
1. Shiba inu can reach upto 2$ 2. Doge coin can reach 5$ 3. ENA can reach 40$ soon 4. Pepe can Reach 0.01$ soon 5. Floki can reach 0.1 $ soon 6. XRP can reach 1$ soon 7. Gala can hit 1$ 8. LPT can reach 25$ this month 9. Sui can reach 3$ soon 10. Trb can hit 400$ #Write2Earns #bitcoinhalving #Megadrop #Token2049 #sui
In the bull run you can earn or can washout your wallet I suggest new traders don't get into #Fomo And Be Patient It's a Volatile market It can goes up but meanwhile can be go down
The main point is your determination and consistency