With a supply of 1 billion, circulating supply of 62,000,000 tokens equivalent to a capitalization of $400,000 #VirtualVersion (VV) is a gem at this time.
I've come across a lot of people who think this way, and it's extremely dangerous.
They are people who like to use leverage, but they have lost a lot of money.
They think that if they have a large amount of money, they will definitely overcome the negative numbers and not burn their account. 👉 They continue to burn their account.
Here are 2 basic examples for you:
If you look at the bearish price chart from 2021 to 2023 👉 very few accounts can endure if they invest in bullish prices.
And from 2023 to present 👉 very few accounts can stand it if they sell short.
Not to mention that the exchange will delist.
🔥 Knowing when to stop is better than having to endure a net loss. 🔥
✍️ So for me, whether you have a lot of capital or little capital, if you don't have experience in trading & capital management, you will have to pay the price.
I only advise you to use some spare money and practice trading every day with discipline and absolutely avoid doubling orders, averaging prices "continuously" because this is wrong, causing you fall into a state of fomo when using leverage.
In the end 👉 small losses, lasting long, will help you make money.
Sometimes you see other people making tens of thousands, hundreds of thousands of dollars every day...
I also used to be jealous of them.
But behind their success stories, does anyone understand the pain and loss (of loved ones, trust, friends, etc.), experiencing different levels of emotions every time they lose, and the obstacles? Their final race is to lose faith in themselves and the market.
Once you have gone through all of that, the finish line will be light.
👉 You have to spend a lot of money & time to experience the painful steps of successful people.
However, I advise you not to put yourself in a deadlock with borrowing from banks or the like to invest in this market.
The line between investors and gamblers is very thin.
Final. I want you to follow me. We will go together in the next steps after I open a copy trading account in the next 1-2 months (win & win is the goal).