The stories of my five wipeouts
It was the autumn of 2022. I had already moved on from the adventure with Moon Crash, and was looking for safer earning strategies.
I kept coming across materials about trading with bots, they are trading bots. The topic sparked my interest, and I began to delve into it.
I didn't like using external bots, the settings were complicated and I didn't trust them, so I decided to stick with the grid-bot on the Binance exchange.
After several weeks of testing on tokens $BTC and $ETH I realized that I needed to look for a stable coin that trades within limited ranges.
At that moment, the ideal coin was $XRP it was trading in the range of 0.27 - 0.5 and suited my goals better than the others.
I set the grid-bot to a neutral strategy with a leverage of x15 and a range between 0.25-0.55.
XRP fed me for almost a whole year. With my initial investment of $2000, I first withdrew $300 a month, then $500, and so on. The rest I left to increase turnover.
Happiness and grace lasted until 13.07.2023, when my account was already around $8000, I started withdrawing $1500 a month and thought again that I had hacked this world.
On that wonderful summer day, during the latest news about the SEC case against Ripple, XRP shot up to $0.9 in one candle, instantly turning my entire balance into a pumpkin and my dreams into dust.
Thus, I got wiped out for the second time.
Physical and moral pain haunted me for about a week, I was depressed and didn't know what to do next.
Only a week later, I finally calmed down and was able to start recovering before the next approach to another wipeout.