El Magnate

We have witnessed in these past days a steep drop of Bitcoin to $91,231.00, it was expected that it would not be less than $95,000.00 but this did not happen. Many people, especially those who just entered, the newcomers who were just starting to buy BTC and Altcoins were the most affected, losing more than 50% of their portfolio due to FOMO and in the worst cases losing it entirely. This is an activity that repeats itself time and again after some time; not everyone can understand this process, it is very difficult, but this is how the cryptocurrency market works. You can make a lot of money, but you can also lose; it requires being consistent, persistent, following the market as closely as you can, studying, gaining knowledge, and experience. What we have gone through with the market drop gives us that experience to know where we are situated and what measures we should take the next time it happens, but this has already passed.

Futures Trading is designed to lose. I have been at this for several days; I have stopped being a novice. I have been training in various ways, applying operations both short and long, and it is really impressive to see how 'The market' seeks my stop loss both above and below. Another way to see Futures Trading is like a casino, although it shouldn't be viewed that way, but it looks that way. It catches my attention that it is such a manipulated market by 'Big players' oh!! what expert people, you can't win against them both above and below. They seem like robots following the game to the letter; you can't compete against such, because if that's the case, there is a huge advantage. This is my personal opinion.