ANOTHER WHALE LOST EVERYTHING GAMBLING ON HYPERLIQUID.
HE WENT FROM $27.88 MILLION IN PROFITS TO $41K LOSS.
AND HE DID THE SAME MISTAKES AS 40X BITCOIN WHALE.
HERE ARE A FEW THINGS YOU COULD LEARN FROM THEIR MISTAKES ๐
1โฃ TAKE A BREAK
TRADING IS 50% LUCK AND 50% SKILLS.
WHEN YOU'RE WINNING CONSISTENTLY, TAKE A BREAK BECAUSE YOU'LL SOON RUN OUT OF LUCK.
2โฃ AVOID REVENGE TRADING
WHEN YOU LOSE BIG, RETHINK YOUR STRATEGY.
MOST TRADERS DOUBLE DOWN AFTER LOSING BIG, ONLY TO LOSE EVEN MORE.
3โฃ SECURE YOUR INITIALS
SECURING YOUR INITIAL INVESTMENT IS VERY MUCH NEEDED.
WHEN YOU MAKE PROFITS, TAKE OUT YOUR INITIALS AND SOME PROFITS.
PLAY WITH THE REMAINING PROFIT AND DON'T TOUCH YOUR INITIAL INVESTMENT, NO MATTER WHAT.
THIS WAY IF YOUR TRADES GO TO ZERO, YOU'LL STILL BE UP FROM WHERE YOU STARTED.
4โฃ DON'T TRADE PUBLICLY
IF YOU'RE TRADING WITH BIG SIZE, NEVER DO IT PUBLICLY.
THERE ARE WAY MORE BIGGER PLAYERS IN THIS SPACE WHO WILL LIQUIDATE YOU JUST FOR FUN.
IF YOU'LL WATCH THE PAST FEW DAYS PRICE ACTION, YOU WILL UNDERSTAND THAT EVERY BTC MOVE WAS JUST TO LIQUIDATE 40X WHALE.