It started in the Future .. I made a thousand and two thousand dollars .. and lost 5 thousand dollars .. and so on ..
Until I finished all my money in the savings account ..
Unfortunately, I didn't stop here .. I entered my checking account .. and unfortunately, the last amount I lost today was in JellymyJelly currency .. and with that, I lost all the money I had ..
My loss in Spot trading is about 25,000 dollars attached the picture in the previous post.
My loss in Margin trading is about 32,000 dollars attached the picture in the previous post.
My loss in Future trading is about 45,000 dollars .. attached in the current post.
That means about 101,000 dollars over a period of 6 months ..
In summary:
1/ Do not trade with an amount you cannot afford to lose.
2/ Learn when to stop. Please stop ...
3/ Trade away from emotions .. especially the emotion of revenge .. when you lose, withdraw .. do not insist on trading, and your losses will multiply.
4/ Stay away from Future and Margin trading as much as possible .. and if necessary, x3 at most.
My story is not a plea for sympathy .. just .. do not make my mistakes ..
My story with the cryptocurrency market .. Believe me and take a lesson from it ..
I swear to God this is my story without any exaggeration or omission ..
The beginning was on 10/11/2024 .. The first trading day .. A close friend explained to me the concept of trading and encouraged me to join .. I started..
The beginning was with Spot trading .. The first amount I invested was about 100 dollars .. I earned 10 dollars .. I increased the amount to 1000 dollars .. I earned 200 dollars .. and the process began .. It was really profitable .. Without any effort or exertion .. I thought .. If I had invested 10,000 dollars, I would now have 2000 dollars in profit and so on ..
I increased the investment amount from my savings account until I reached 20,000 dollars .. and everything was fine .. I started to invest in currencies as soon as they were listed on the platform from the very first second .. I made a lot of profit and lost less .. But everything was fine until I lost almost 25,000 dollars ..
After that .. I started margin trading .. I made over 10,000 dollars from it .. And suddenly in around February .. I invested all the money in ETH .. The currency dropped from 4000 dollars to below 2000 dollars .. and I lost everything I earned ... and I lost the capital .. An amount exceeding 50,000 dollars.
I took a week feeling very upset .. I entered a very bad psychological state .. After that, I decided to continue ... I must recover everything I lost .. and what is the fastest way .. Futures .. Only it will help me recover my money and compensate for my losses ..
Yes, with God's help... Praise be to God in every situation... In good times and bad... May God reward you with all the best, my brother Yasser...
ياسـر
--
When the world seems foggy, remember that God is the light that guides us to safety, no matter how fierce the waves, our faith in Him makes us not fear the future. The loss of wealth is not the end of the road, but rather the beginning of relief that comes to you from God {Indeed, with hardship comes ease}
Let's wait for the US session tonight, perhaps -unusually- Bitcoin will react positively to it.
So far, there is negativity on the weekly and monthly frames..but there is still hope tonight and tomorrow for a daily close above 98,500 or 100,650.
If Bitcoin does not close above these two numbers tonight or tomorrow, we may continue on this sideways path for additional weeks, during which we may visit the 88-86 thousand areas.
Currently, the mind of any trader is limited to two points ..
1- I sell all the currencies I have because the market is down. And I buy again when it drops more to make some profit when the currencies go up again.
2- I wait for my currencies until they go up again after Bitcoin's acquisition decreases and prices go up.
The first point is the fear that you will sell and not have time to buy after the market goes up (of course, this is if the market goes up).
The second point is the fear that the market will continue to go down and you will lose more than you have lost.
A confusing and suspicious market, frankly .. and any decision you make must be worthy of its consequences.
I don't think so.. If the acquisition goes down, it will go down to 50% and not less.. Forget last month's prices.. They're in the past.. unfortunately
ALs7S_Crypto
--
Let's move away from the negativity in the market and talk logically. 95% of traders will lose no less than 50% of their capital, but the positive thing is that the takeover has reached 61.76%. As soon as it drops to approximately 45%, we will see explosions in the market, God willing. What is required now is patience and not selling. Where is your loss? Relief is coming, inevitably.
🤣🤣🤣🤣 You made me laugh in the middle of this blush, brother. ..
babibob55
--
The US government led by Donald Trump is well aware of what they are doing. They are following a well-thought-out program. The total debt of the United States of America has reached 32 trillion, and to get rid of it, they found the solution "the crypto market".
The US government strongly supports the digital currency market and has given top priority to strong US currencies, most notably Ripple, which the US government is counting on to get rid of the $ 32 trillion debt. You might say that we are on the verge of a new global financial system in which the American companies Ripple and Stellar are on its throne.
Ripple xrp is directed to companies and banking institutions as it is characterized by the speed of transfers and the security of the network. With each banking transaction, a portion of xrp is automatically burned, which can greatly reduce the supply in the future, which contributes to a sharp rise in its price.
Some may wonder why all the news is positive about this currency, but it remains in place?!
The answer is that Ripple has a pending case with the Securities and Exchange Commission that has prevented its price from rising. Experts have confirmed that the pending case may be settled before May 2025 in a final manner, and perhaps in the coming few days, as it is expected to reach a price of $8 in one day and double to become between $30 and $50 by the end of the last quarter of 2025. Crypto experts have agreed that its price will reach above $10,000 in the future within two or three years.