$BTC
A little information for beginner friends so that you are not surprised. And for friends who often experience losses so that such incidents do not happen again.
#trading whether #spot or #future is not much different.
For SPOT, for example, if you buy coins using $1000, then you must be prepared to withstand a loss of $2000 to gain a profit of $500.
That rule is almost certainly true.
Because at the moment you buy the coin, it will also experience a price drop (more often than not).
For FUTURE, it is the same.
Whether you take long or short, the price will reverse at that moment as well.
You must be prepared to withstand losses.
The more funds you use and the leverage you employ, the greater the losses you will have to be ready to endure.
For example, if you take a long position using $100, you must be prepared for losses up to $200 to gain $50.
This is more often experienced by holders.
The more funds you transact, the more losses you will experience.
In essence, TRADING, if you want to profit, you must be ready to withstand losses.
The longer you hold, the greater the profit or loss.
The safest way is to enter using analysis and apply stop loss.
For example: If you want to earn $100, please set a STOP loss if you also face a loss of $100.
That method is not 100% successful, but it is more often successful.
When I was still trading futures, I always used a small amount of capital because I couldn't stand seeing large losses.
My profit target was only around $0.5 to $2 per futures transaction.
I rarely lost and almost never lost in 7 days.
But in 1 month, there was definitely 1 or 2 days with losses.
HOPEFULLY MOTIVATING
