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mubashar777
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🤑 Just bought XRP at 3.068 🚀 Waiting for the rocket to hit 3.3 before I eject with gains! 🎯 Let’s gooo XRP army! 💸💎 #XRP #CryptoTrading #ToTheMoon #ProfitTime
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Recently, I executed a futures trade on XRP using the binance platform. I noticed a price dip early in the day, so I decided to enter a long position with moderate leverage. Initially, the market moved slightly against me, but I held my position based on technical support levels. $BTC After a few hours, the market reversed, and I was able to close my trade in profit. This trade helped me learn how patience and good entry timing are key in crypto trading. I’ve now adjusted my strategy to include tighter stop-loss and target levels for better risk management. Looking forward to more opportunities!#XRPHACKED
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See my returns and portfolio breakdown. Follow for investment tips
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🔍 What happened in this trade (XRP/USDT COIN-M Futures): Leverage Used: 100x (very high risk) Pair: XRP/USDT Chart Timeframe: 12h Market Drop: From ~3.66 to 3.22 (strong bearish candle) You were likely holding a long position (buy), expecting XRP to go up, but instead the price dropped sharply after hitting 3.66. You were liquidated or closed the trade with heavy loss. --- 💸 Why You Lost $200: 100x Leverage: Means even a 1% drop = 100% loss of your capital. XRP dropped over 8%, which = 800% effect at 100x leverage. Your margin was wiped out fast, and since your balance was low, you lost everything in seconds/minutes. --- 🧠 Lessons from This Loss: 1. 100x leverage is too risky — it's gambling, not trading. Use max 10–20x if you're learning. 2. Always set a stop loss and take profit target. 3. Don’t go all-in — use small positions with controlled risk. 4. Watch candlestick reversal signals — a sharp rejection from 3.66 warned a drop was coming.
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