REFLECTION: All these graphs and no one knows anything! #btc understand one thing, crypto hardly respects graphs, work with trends, support, and resistance!
calm down, hand learns, starts with little to get the hang of it
Square-Creator-855135c09
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- Yesterday I deposited R$ 994,46 at Binance - I bought everything in USDT, it gave 167.7 USDT's - I moved everything to the Futures wallet
I TOOK A PUT4 OF A LOSS OF 61.65 USDT!
- I was left with only 106.05 USDT - I bought everything in SOL and went to play in the DEX's to recover - I entered a coin with U$ 95.36 and exited with U$ 250.90!
So:
- 167.7 USDT turned into 106.05 - 106.05 turned into 258.89 - R$ 994,46 is now R$ 1.534
Summary: Not everything is rosy, everyone loses in this market. If someone tells you they never lose, they are lying, at least trying to push some course. There is no magic recipe. It's up to you to have emotional control and decide how you will deal with your losses.
In Decentralized Finance (DEX), the coins have low market cap, which is why the chances of doubling in a short period of time are greater than in already consolidated coins from CEX. However, as already explained in instructions: THE RISK IS HIGHER!
When it comes to DEX, my focus today is on RAYDIUM, that is, small coins from the smart contract of the network of #SOLANA
However, DEX for me is only in rare cases. The main focus is still Futures.
Note: some didn’t understand what I meant with this post... you will never only win in this market, don’t be fooled by promises from gurus. In internet groups, they tend to only show the green PNL prints, sometimes even hiding balance, that is, the guy sometimes leveraged U$ 0.50 cents at 125x to print an absurd gain and many get deceived. They never show the loss to keep the ego intact. As I have said in several videos, even if you master 100% how the market works, you will still have losses. This is a fact. The market sometimes simply isn’t favorable for trading, whether Long or Short, so always remember that famous phrase: