Important post for spot traders ⚠️
As an example, if the value of your portfolio is $100049236921451
Try to divide it into 10 parts, buy 10 spot currencies at $10049236921451 for each currency. Most of my recommendations for currencies have profit targets not less than two to four or five targets. There are currencies with targets close to two to three weeks, and there are currencies with medium and long-term targets ranging from one month to three months or more.
- Let's assume a currency among those you bought has risen by 50%, then you have made a profit of $5049236921451. After a week or two, let's assume two of the currencies you previously bought have risen, each achieving an average increase of 40% to 50%. In this case, you have gained approximately $14049236921451 to $15049236921451 + $5049236921451 from the previous currency, so your total profit is around $20049236921451.
You still have 7 currencies waiting to achieve their targets ✅
Of course, the more your capital increases and the value of your portfolio from $100049236921451 to $300049236921451 to $1000049236921451, etc.... the more the profit will be.
⏹️ Honestly, I do not recommend buying any spot currency for less than $10049236921451. It's not greed, no! It's just to ensure that the profit is more encouraging and gives you the motivation to continue.
In the next post, God willing, I will talk about why people prefer futures over spot and why they lose more than they gain.