futu

Be greedy when others are fearful: greed and fear are the two things that make you dominate the market. When people are greedy, they rush to buy and push the price up. When they are scared, they sell off, causing prices to plummet, virtual supply and demand causing ups and downs.
When the market is excited, prices increase sharply, but fear spreads, always thinking that there will be more dumping and not being able to get in stock in time. On the contrary, when the price drops to the bottom, greed arises, making everyone want to buy to make a profit
Please control those two things well to survive this market. It sounds simple but taking action is difficult.
I wish you guys #spot and #futu to win 😊😊
$BTC $ETH $SOL

$OP There was a pump recently that caused many people #futu short to be liquidated, what about spot? My ideal entry point is 1.9-1.6. So what about the brothers who care about him? At what point will we join in? Let's share how to get rich 😂😂

THE TRUTH ABOUT FUTURES - NOT EVERYONE KNOWS

🔸Leverage is a double-edged sword, you can make high profits but you can also lose all your money in just a few minutes.

🔸High transaction and overnight fees

🔸Liquidation risk: i.e. in some cases, the exchange will automatically close your position

🔸 Stop Hunt: Some exchanges may intentionally push prices to the point where many stop-loss orders are triggered, leading to the liquidation of many investors' positions

🔸It can be addictive, like a gambling game, many people get caught up in Futures trading and can't stop until they run out of money.
#futu #CryptoWatchMay2024