A lot has happened in the past few days, and after much thought, I have decided to stop following trades.
Firstly, my own trading has already had a serious impact on my life. I can leave my own contracts for half a day without checking them, but with the contracts I follow, I feel uncomfortable if I don't check them for even ten minutes. The mental pressure is too great; during these days of following trades, I haven't placed any orders at night because having open trades makes it difficult to sleep.
Secondly, I am about to graduate and need to focus on my studies and finding a job, which means I will put much less energy into trading and following trades.
Thirdly, trading will not lead to financial freedom, and following trades will not guarantee continuous profits. If you want to live a good life and transcend social classes, the best method for ordinary people is to diligently work in a specific field for thirty years. Brothers, ask yourselves honestly, do you really believe that trading can bring financial freedom? Or, is living your life by constantly using leverage in trading what you truly want?
Fourthly, let me share some trading tips from my mentor (suitable for small capital), hoping to inspire you: never go long (if you are bullish, just buy the spot; there is no need to use leverage out of greed), and never short BTC (Bitcoin is the strongest cryptocurrency that has weathered both bull and bear markets in the blockchain; shorting Bitcoin is less advisable than shorting other altcoins, as they usually follow Bitcoin's trend). Of course, there are many other small tips based on experience, but without the two principled tips mentioned above, they are subjective.
Having written so much, if you follow my mentor for at least one full day this week, you should earn at least around 10 points.
Finally, I wish everyone the best, and hope you all find the life you desire soon, and that your lives continue to improve!
1000u→2wu follow-up Day 6: Current: 1805u Current number of followers: 130 The followers may have noticed that there has been a trade that has been going on for a long time today, and I can only say that the dealer is indeed quite tough. However, in these days of a market crash and stock declines, no matter how tough it is, it is impossible to break through against the trend. Moreover, this coin has been criticized by the community before, so its potential will definitely not be significant. Furthermore, it has not even reached my psychological stop-loss limit because the maximum drawdown has not yet touched yesterday's profit. Also, the followers must use idle funds to gradually compound, don't invest too much, but it is recommended to invest at least 100u or more. If you invest too much and incur losses, I will also feel very uncomfortable, and if it's too little, you might miss out on some trades and could incur significant losses. #美国加征关税 #加密市场回调
1000u→2wu Copy Trading Day 5: Current: 1702u Current number of copiers: 101 In this kind of pin bar market, opening positions must be done with caution. I estimate that there won't be too many openings in the next few days; everyone must have experienced a significant drop in their spot holdings last night.
New copiers, please do not invest less than 50u. There are issues with this Binance copy trading; if you invest around ten or twenty u, some trades may be difficult to follow and could lead to being liquidated by a large pin bar.
Also, copiers must use idle funds to slowly compound their returns. Don't invest too much; if you lose a lot, it will be tough for me too. #美国加征关税 #加密市场回调
1000u→2wu Copy Trading Day 4: Current: 1534u Current number of followers: 42 The new coins on Binance have been slow these past two days, with less bloodsucking; the previously launched new coins are all becoming active, and I don’t know how many short-selling brothers were wiped out by $GUN . I don't dare to touch this volatile coin as the trend doesn't look good; if I had held my position yesterday, I would have been fine. Brothers who are new to copy trading must not invest less than 50u. There are issues with following trades on Binance, and with just 10 or 20u, some trades cannot keep up and risk being wiped out by large fluctuations. Also, brothers who are copying trades must use idle funds to slowly compound, don’t invest too much; if you invest too much and lose, I would feel bad too. #加密市场回调 #美国加征关税
1000u→2wu Follow-up Day 3: Current: 1448u Current number of followers: 13 Leading trades is more exhausting than I imagined, because if I lose my own money, it's just a loss, but if I lose the money of the brothers who trust me, it feels really bad, so there's a psychological burden, and I can't dare to open trades too big. New followers must never be less than 50u, Binance's settings have issues with following trades, if it's only twenty or thirty u, some trades can't keep up and could easily get liquidated by a large spike. #加密市场回调 #美国加征关税
Brothers who follow the orders need to invest idle funds, because I tend to open orders based on trends, and there may be days when I don't open any orders. It's best not to use money if you're in a hurry.
1000u→2wu Copy Trade Day 2: Current: 1336u Current Number of Copy Traders: 6 Brothers who are copying should definitely not be less than 50u. Binance's setup has issues with smaller amounts. If it's around 10 or 20u, some trades won't be able to keep up, and it's easy to get liquidated by a large spike. Moreover, I have small positions and low leverage, so it's a slow compounding process. It takes a long time to double 10 or 20u.
1000u→2wu Follow the first day: Current: 1170u Current number of followers: 1 I don't know which good brother is following this small order, but the ancestor will lead you to earn big! The ancestor has decided to withdraw half of the profits every 7 days, and reinvest the remaining half. The ancestor's follow orders only follow trends; sometimes there won't be any operations for several consecutive days, while other times there can be many operations in a single day. Brothers who follow along should remember to choose the right ratio, so that even small funds can keep up. Brothers with conditions should invest 100u to see how the ancestor operates
The old ancestor is preparing to open a trade to test the waters, only shorting the imitation to make trend waves. Trades will only be opened when suitable opportunities are found, and it is recommended to set the follow-up amount around 1000 USDT, so that all follow-ups can keep up. Personally, I do a little less on Binance contracts and a bit more on OKX, so I plan to use Binance specifically for leading trades in the future. I hope for more support. My personal contract style is still relatively stable, so when people get on board, let's start the journey.
$BOME has risen for three consecutive weeks and is about to experience a big drop next week, short positions have been opened and I'm just waiting to collect the money
$BOME rose by five points, the retail investors: It's going to take off! The fact is that sol rose by seven points today, which makes bome's drop look not so bad in comparison.
$BOME regrets having exited early at 8k, could have earned much more if held until now, let me continue to increase the short position if it rebounds a bit.
$BOME has a fantasy of a bull market with chives, but 99.99% of coins have no bull or bear market in their lifecycle; only BTC can traverse bull and bear markets, and even Ethereum is struggling.