Hello everyone.
"As a small investor with low capital. One of my strategies I have applied in this market to ensure my account does not get wiped out is what?"
The story began after days of being unemployed at home and not knowing what to do. With some small capital that I had previously held in spot, I started to play with margin and lost 80% of my account. And like an addict, I deposited more money to all-in hoping to recover my funds. And I lost heavily for the second time.
After many sleepless nights, watching how the market operates, reading posts, and learning about terms,... I applied a strategy:
1. Split the capital and invest in multiple assets instead of all-in on one asset as before. "Never put all your eggs in one basket."
2. Choose a few assets you are familiar with. Why?? Because those assets you have followed the trends, which allows you to make decisions more easily.
3. Only use 1/3 of your capital to invest. 2/3 of the capital will serve as insurance in case the market fluctuates. This 2/3 capital will ensure a safe liquidation position, and you can DCA to recover when the market rebounds (Not recommended to DCA if you do not understand the market trend clearly)
4. Use low leverage
5. Do not leave positions overnight and go to sleep without setting a stop-loss
6. Do not be greedy, do not be greedy, and do not be greedy. Better to earn less than to incur losses
Bonus: At that time, I chose to spam several assets, and the highest profits came from these assets.
👉 Follow to receive more shares about the market as well as the strategies I have applied!
$XRP $WIF $ETH #ShareYourTrade