Results of the first day. Balance 48.5 +3.5% Today the market is calm and there wasn't much time to trade, so not too much happened. There were also a couple of trades on another platform, but I can't write about that here. Wishing everyone well and see you tomorrow 🤝
What to do if you have been liquidated and you are crushed?
Guys, I want to share my trading experience. I was liquidated 4 times in a year; the last liquidation was in October, and here is what I understood during this time.
My first liquidation happened due to a gross mistake: I took on too many positions according to risk management, but did not take into account that if all positions start to fall, I would not have enough liquidity. I was liquidated, and I started to make additional investments, meaning I was playing in a casino. This was my mistake — I tried to recover the previous volumes in one trade, meaning I went all-in and subsequently lost 3 more times.
So what to do? You need to take a break and change your field of activity to something unrelated to cryptocurrency for at least 2 months. I understand that it is hard to get used to less profitable topics, but believe me — it is necessary. I also recommend changing exchanges or accounts to forget about old problems and start with a clean slate.
A lot of liquidations have gathered at the level of 95.370 It would be profitable to take the liquidations from shorts and go down to 89-91 Write your opinion on the market in the comments $BTC
❗️🇺🇸The Fed will lower interest rates by 0.25% in December. The Fed will lower the interest rate to a range of 3.5% - 3.75% by the end of 2025. The risk of renewed inflation growth in 2025 has increased. — Analysts, RTRS survey.
Robert Kiyosaki urged to buy bitcoins instead of taking out loans
In his opinion, investing in bitcoin now is much more profitable than getting into student debt and then studying for several years to obtain a useless degree.