My funds continued to shrink, my self-confidence was severely damaged, I was ruined, and I didn’t know where to go. I felt like Binance was playing with me alone, buying whatever I wanted would blow up.
I deeply reflected on yesterday's loss. I shouldn't gamble just because of small funds. Currency speculation is not gambling but profit-seeking. I also reviewed my own problems.
1. Stud will die No matter how accurate you are, don’t be fooled. You must achieve careful position management and fluctuate upward market. If you are accurate, you must reserve more than 10 points for the liquidation price (for a 10 times position, it must be able to withstand 10% of the price). more than one hundred)
2. Take profit and stop loss When opening a position following the rise or following the fall, you must bring a stop profit and stop loss (if this order is lost, as long as the principal is still there, there will still be a chance, and countless times of zero return are all due to "greed")
3. mentality It is necessary to maintain a stable mentality. You cannot let the ups and downs affect your mentality. You cannot let the profits of various big guys affect your mentality. It is basic to recognize your own strength and principal and maintain a peaceful mentality. (Reset to zero every time. It’s all because of the mentality, small profits are not enough, small losses are not equal)
4. Follow the trend The contract should not touch the hot spots. Popular currencies all have one characteristic. They will fall when they pull or fall. Contracts, especially high-multiply contracts, must not touch the hot spots. (Daily fluctuation green 10% red 10%)
5. patience Be sure to wait for the wind to come, never chase it. (When you are not sure, you would rather go short and make less money than lose your principal)
6. abstain from greed Those big guys who post profit charts and make profits of hundreds or thousands of percent must have dozens or even tens of U of positions. Never play with the idea of getting rich overnight, the contract will definitely return to zero.
7. Adding positions is prohibited During the plunge, stay rational, don’t add positions, don’t call for margin, and stop losses in time.
In short, be cautious! cautious! cautious!
We are still 99843U away from our dream of 100,000U. Come on!
Just like the warnings from the big guys in the comment area, I lost everything by betting on dogs. The successive stop losses made me overwhelmed. My funds shrank severely, with only 100U left. At this moment, I was really panicked and a little overwhelmed.
But I will not be defeated, I will adjust my mentality and continue to look for opportunities to start.
The current capital is 103U, which is still 99897U short of the dream of 100,000U. come on!
I admit and know that playing with fluctuations with such high leverage is gambling, but I have a small amount of money, so I have to take risks in order to realize my dream of 100,000 U during the New Year. But I will also remain fully sane.
300u makes a comeback for the dream 2023 December 22#炒币日记
Funding 314U
I gamble when I play contracts with high leverage, and I will die in my life. My previous experience of being liquidated has made me timid, and I will run away if I make a small profit or lose a small amount. First, stabilize your mentality and move towards your dream of 100,000 U before the big break.
Let us make a comeback against the headwind together!
I lost money in two positions in a row until I only had 300u left. At the same time, I still need to buy u from c2c to ensure my basic life.
Currently, I am looking for opportunities in high-density contracts to make big gains with small profits. The position may be wiped out in the next second, and I don’t know how far my 300u capital can go.
With only 300u left, I have a dream that I will have 100,000u in my account during the Chinese New Year, so that I can have a good year.