Trader junior. Aprendiendo cada día de forma independiente. Nunca recomendaré inversiones o decisiones. Documentarse en los indicadores técnicos es fundamental.
I shorted with $LTC estimating that the price would drop a bit and I was surprised that it skyrocketed. Now I just have to wait for the price to stabilize to minimize my loss. I adjusted the profit margin to come out on top of this mess I've gotten myself into 😂
$KAITO It is very volatile, if you are scalping, take profits as much as you can in short periods of time.
Trader Edward Z
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Bullish
what do you think guys, should I close or keep it, these are some of the first profits, I am a beginner in constant learning, experts what do you think? #KAİTO
$KAITO fell very hard, marking its second day down since its launch. I am still optimistic about its return above the exponential moving average. This overselling caught us by surprise; thankfully, I had a low-risk level.
Good advice, friend. You cannot have many winning streaks in a row. And losses become more frequent when we insist on the wrong moment. Cheer up!
MauricioGTrader
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Excuse me for venting through this channel, but I'm at that point where I just want to throw everything to hell and where I question if this is what I want to keep doing. I know there are good moments and bad moments. It has taken me a lot of effort, hours of screen time, reading, and learning to be profitable, and yesterday a part of that profitability went to hell for not following my own basic rules. For being greedy and for not paying attention to the relevant news.
Not setting Stop Loss Not sticking to the Plan Over-leveraging Letting myself be guided by my intuition and not seeing the reality Not checking the news (things I always do)
Yesterday I lost $2900. From a trade that had been working for days. And at one moment it was profitable and I should have closed it with gains.
I feel deeply demotivated.
On this platform, everyone shows their gains and few talk about their losses.
But here I'm sharing my experience so that it doesn't happen to you!
Here are my conclusions:
Don’t trade with anger Don’t be swayed by FOMO Don’t trade futures without a Stop Loss If you lose 3 or 4 trades, close the computer and go for a walk, the market will continue, it’s fine, there are always opportunities. Don’t go into debt or spend money you don’t have.
You have two memecoins in your wallet. Read this interesting article: https://www.binance.com/en/blog/all/quant-trump-and-doge-memecoins-as-humanity-in-action-5267953020314765662
Cripto Anthony SM
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could someone please give me some friendly advice ...
It's a matter of patience. Let's see how the price of $TRUMP behaves today after the official announcement on Binance X in the United States. Yesterday, January 22, it was above 40 USDT, let's see what will happen. Resistance and resilience. #TRUMPTokenWatch
ADVICE FOR NEWBIES 🔴 My experience in the crypto world.- BTC, WLD, BNB, SOL and memecoins.
1. Memecoins Never see a memecoin as an investment, they are too volatile and could be considered a bet. It is more like a casino than an investment, since most do not have projects or backing behind them, it is only purely speculative and resembles betting, they depend on trends, which is impossible to predict or control.
Their profits as well as their losses are very high, so it is recommended to invest small amounts or amounts that you are willing to lose, since here in most cases you will lose money, or you will earn a lot of money... but in an unpredictable way, not to mention that you can even fall into scams (Rug Pull) where things are promoted to increase the value through speculation or false promises, in this case only the first to buy or the creators of the meme coin benefit.
2. BNB, BTC, WLD, SOL These are the reliable and less volatile coins in the crypto world (there are more but I know these) and I can say that I have generated great profits.
To clarify, you will not generate profit in the short term, these coins have projects behind them and are less volatile but it does not imply that you cannot lose, but it is known that in the long term they can become quite profitable especially if you hold them with rewards.
You have to be patient and avoid touching your money since these work in the long term. That is why it is better to block the coins and leave them in staking (that is, generating rewards for having them blocked)
Check what projects each crypto offers and what support it has, being attentive to news is of utmost importance since it can avoid a bad move and investigate before investing.
Personal Recommendation - NEWBIES (Invest what you are willing to lose) - in a practical sense, I assure you that you will lose 99% of the first times so try to keep it small, but it will allow you to understand how the Market or the platform you are using works.