Many people enter the cryptocurrency market with fantasies about contracts,
thinking that just by adding some leverage they can double their money overnight.
But what’s the reality? A sudden spike, liquidation, and you’re out of the game.
Not setting a stop-loss? It’s just a matter of time; the only difference is whether it blows up today or tomorrow.
Don't underestimate that sudden spike in the market; the tragic scene of both longs and shorts getting liquidated happens every day!
You take a nap, and it hits you with a -20%, you won’t even wait for the liquidation message, your account balance goes straight to zero, and you won’t even have a chance to cry.
The most important bottom line in trend trading:
Don’t hold onto positions! Once a consensus forms, a 100% rise or fall is not a dream.
Think about TRB, it skyrocketed from 120U to over 700+ in just 10 days, the shorts didn’t even get a chance to react, it was a massacre all the way!
So, stop thinking about "taking a gamble to turn things around"; if you really want to survive and make money,
you must learn to go with the trend, set stop-losses, and control your hands.
If you still don’t know how to manage your positions, how to judge market direction,
how to set a proper risk line, follow my lead
I’ll tell you how to avoid the next liquidation.
