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Today I fell into two too, both of which were sell-offs with bottoms being broken... like you, but I observed the movement and chose to wait in both, I ended up making a profit, but I was sucked into fees.
I fell into the trap 🕳️
How did I fall into two traps in a row? The hard lesson of the markets
I always thought I was a good reader of the market, but one session I found myself falling victim to two traps in a row: a bull trap and a bear trap. At first I thought I was dealing with real opportunities, but what happened taught me an unforgettable lesson about how the market and its makers work. , Rushing
I always thought I was a good reader of the market, but one session I found myself falling victim to two traps in a row: a bull trap and a bear trap. At first I thought I was dealing with real opportunities, but what happened taught me an unforgettable lesson about how the market and its makers work. , Rushing
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The rates charged on futures operations have been quite attractive in recent days...
⚠️ NOTICE TO BINANCE BETTERS ⚠️
Even if the coin/token is going up, you could be losing money! Here are some factors that may affect you:
📉 Hidden Fees: Binance charges trading fees, withdrawal fees, and even futures casting fees. These fees can reduce your profits.
💸 Slippage and Spread: In times of high volatility, you may buy/sell at less advantageous prices than you expected.
🔄 Conversions and Exchange Rates: If you trade in currencies other than your main balance, you may lose money on conversion.
⏳ Entry and Exit Time: Even if the price goes up, if you enter late or exit early, you could end up at a loss.
⚡ Dangerous Leverage: With leverage, small movements can result in your position being liquidated, even in an uptrend.
📊 Market Manipulation: "Pumps & Dumps", fake orders and big players can influence the price in unpredictable ways.
🔍 Lack of Risk Management: Betting without stop-loss or without a plan can lead to unexpected losses.
🔥 Psychology and Emotion: Greed and fear lead to impulsive decisions. Control your emotions before operating.
👉 TIP: Always do calculations before entering into a trade and remember: the market can surprise you!
✍️ INVEST CONSCIOUSLY, DON'T GAMBLE!
#Rugpull #MANIPULATION $LAYER
Even if the coin/token is going up, you could be losing money! Here are some factors that may affect you:
📉 Hidden Fees: Binance charges trading fees, withdrawal fees, and even futures casting fees. These fees can reduce your profits.
💸 Slippage and Spread: In times of high volatility, you may buy/sell at less advantageous prices than you expected.
🔄 Conversions and Exchange Rates: If you trade in currencies other than your main balance, you may lose money on conversion.
⏳ Entry and Exit Time: Even if the price goes up, if you enter late or exit early, you could end up at a loss.
⚡ Dangerous Leverage: With leverage, small movements can result in your position being liquidated, even in an uptrend.
📊 Market Manipulation: "Pumps & Dumps", fake orders and big players can influence the price in unpredictable ways.
🔍 Lack of Risk Management: Betting without stop-loss or without a plan can lead to unexpected losses.
🔥 Psychology and Emotion: Greed and fear lead to impulsive decisions. Control your emotions before operating.
👉 TIP: Always do calculations before entering into a trade and remember: the market can surprise you!
✍️ INVEST CONSCIOUSLY, DON'T GAMBLE!
#Rugpull #MANIPULATION $LAYER
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