Key Takeaways from My Recent Futures Trading Experience Avoid Highly Volatile Tokens Trading in extremely volatile cryptocurrencies increases your risk of liquidation. Stick with more stable, well-established coins. Use Low Leverage Always opt for the lowest leverage possible. High leverage amplifies losses and can wipe out your capital quickly. Don’t Panic Be patient. Avoid closing your trade in panic. Only exit when you’re certain the market has moved beyond recovery. Inject Capital Instead of Closing If your trade is at risk but you believe the market will recover, and if you have extra funds available, consider injecting more money rather than closing the position prematurely. Stay Calm Under Pressure In one of my recent trades, I bought BTC at $106,000. The price dropped to $103,000, but I held my position. Within a week, BTC rose to over $107,500. Despite a small gain of $2.50, the experience taught me the value of patience and confidence in my strategy. Conclusion While the profit may seem small, consistency is key. If I follow this strategy for two months, I believe I could make around $500 to $600, which is a solid start for a beginner in futures.
Key Takeaways from My Recent Futures Trading Experience
Avoid Highly Volatile Tokens Trading in extremely volatile cryptocurrencies increases your risk of liquidation. Stick with more stable, well-established coins.
Use Low Leverage Always opt for the lowest leverage possible. High leverage amplifies losses and can wipe out your capital quickly.
Don’t Panic Be patient. Avoid closing your trade in panic. Only exit when you’re certain the market has moved beyond recovery.
Inject Capital Instead of Closing If your trade is at risk but you believe the market will recover, and if you have extra funds available, consider injecting more money rather than closing the position prematurely.
Stay Calm Under Pressure In one of my recent trades, I bought BTC at $106,000. The price dropped to $103,000, but I held my position. Within a week, BTC rose to over $107,500. Despite a small gain of $2.50, the experience taught me the value of patience and confidence in my strategy.
Conclusion
While the profit may seem small, consistency is key. If I follow this strategy for two months, I believe I could make around $500 to $600, which is a solid start for a beginner in futures.
#SecureYourAssets Why some of us are losing their assets through scams? perhaps, this is becz we don't know for sure which exchange is reliable in ensuring our assets will be safe.
#TradingPsychology Still, I am struggling to keep my nerves under control. I lost almost 50 dollars within a few days. more than enough for me to consider my choice to enter into crypto. however, I am trying to b resilient.
#BinanceEarnYieldArena When asked, "why you lost all your assets in stocks" , Newton replied, " I can calculate the speed of celestial bodies, but I can't read human minds."
#TrumpTariffs as I searched, what I found is that the implantation of reciprocal tariffs might trigger the flow of assets to the un-coventional trades, like crypto.
Bitcoin experienced a surge before the Trump summit, reaching an all-time high of $100,000, driven by optimism about Trump's pro-crypto stance and expected regulatory support. However, after the summit, BTC entered a bearish phase, dropping to a four-month low of $76,867. Investors were disappointed by the lack of concrete commitments on government Bitcoin adoption, leading to sell-offs. Global economic uncertainties, including trade tensions and recession fears, further pressured the market. Additionally, Bitcoin’s increasing correlation with traditional financial markets made it more susceptible to macroeconomic downturns. The post-summit decline highlights the crypto market’s dependence on political events and investor sentiment. Without clear policy support and economic stability, Bitcoin remains volatile, facing bearish pressure in the short term. However, I am expecting that there would be a bullish trend following the two-weeks long bearish trend. The BTC would recover soon.