Ft never die
Open Trade
Frequent Trader
4.3 Years
1 Following
11 Followers
11 Liked
1 Shared
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quick recharge
my experience account
down
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flow me but copy
Experiences of Failure When Copy Trading on Binance – Valuable Lessons
Copy Trading may seem like a perfect solution for newcomers to the crypto market. However, the reality is not always rosy. Below are the real experiences of failure that I went through when participating in Copy Trading on Binance.
⸻
🚨Chasing High-Profit Traders – The Sweet Trap
The first time I participated in Copy Trading, I immediately chose traders with the highest profit rates on the leaderboard. My mindset at that time was very simple: “The higher the profit, the better.”
Results:
• Initially, the profits did indeed increase. But just after a few weeks, the trader I was copying fell into a continuous losing streak.
• This trader executed many trades with an extremely high risk/reward ratio. When the market reversed, he still tried to hold onto positions and increase volume, resulting in my account being blown away by nearly 50% of the capital.
Lessons Learned:
• High profits do not mean low risk.
• It is necessary to carefully consider how that trader manages capital and the risk/reward ratio, rather than just looking at the profit percentage.
Copy Trading may seem like a perfect solution for newcomers to the crypto market. However, the reality is not always rosy. Below are the real experiences of failure that I went through when participating in Copy Trading on Binance.
⸻
🚨Chasing High-Profit Traders – The Sweet Trap
The first time I participated in Copy Trading, I immediately chose traders with the highest profit rates on the leaderboard. My mindset at that time was very simple: “The higher the profit, the better.”
Results:
• Initially, the profits did indeed increase. But just after a few weeks, the trader I was copying fell into a continuous losing streak.
• This trader executed many trades with an extremely high risk/reward ratio. When the market reversed, he still tried to hold onto positions and increase volume, resulting in my account being blown away by nearly 50% of the capital.
Lessons Learned:
• High profits do not mean low risk.
• It is necessary to carefully consider how that trader manages capital and the risk/reward ratio, rather than just looking at the profit percentage.
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spot is x2 x3 ft be careful
neiro lên đến được bao nhiêu ạ
yes. closed
god entry moodeng
fast trading
MOODENGUSDT
Long
Closed
PNL (USDT)
+59.40
vl 50*
Will we survive the night, everyone..!
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short x3 sends Nxp to 0.6
NXPCUSDT
Short
Closed
PNL (USDT)
+14.41
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go 60 to 50 short compensation
$NEIRO can this one recover or not everyone!?!
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I have shorted and closed the long position
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grandson in shorts
The exchange should stop manipulating the token price. Market 1 is red but why can $RARE increase by nearly 100%? Even though BTC has dropped significantly, it still remains stable at that price and does not decrease? There has been no news related to the project that supports its unreasonable price increase! Stop this dirty manipulation game!!
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Doing it for free, huh? Dad likes to sell.
The reason $ETH has remained stagnant at $3000 after 4 years:
- The ETH Foundation has continuously sold off for profit throughout these years, at times selling up to hundreds of millions of dollars, and when questioned, they dare not respond.
- The founding and development team has essentially become incapacitated, which is why the product has become a wreck. There have been no significant improvements, and now they are just talking about L2.
- Ethereum is being completely overshadowed by Solana, which was only established in 2017 by Ykovenko - a programmer from Dropbox, in terms of technology, solutions, features, speed, and cost...
- Many long-time ETH holders have lost patience and often refer to Vitalik as "that useless addict" when compared to Ykovenko.
Advice: Convert $ETH to $BTC if you want to hold long-term and switch to $SOL, $XRP if you want quick profits.
So if ETH is not promising, why has Trump's fund recently bought so much: Because they are stupid!
This article belongs to the Crypto Diary, if you use it, please credit us.
- The ETH Foundation has continuously sold off for profit throughout these years, at times selling up to hundreds of millions of dollars, and when questioned, they dare not respond.
- The founding and development team has essentially become incapacitated, which is why the product has become a wreck. There have been no significant improvements, and now they are just talking about L2.
- Ethereum is being completely overshadowed by Solana, which was only established in 2017 by Ykovenko - a programmer from Dropbox, in terms of technology, solutions, features, speed, and cost...
- Many long-time ETH holders have lost patience and often refer to Vitalik as "that useless addict" when compared to Ykovenko.
Advice: Convert $ETH to $BTC if you want to hold long-term and switch to $SOL, $XRP if you want quick profits.
So if ETH is not promising, why has Trump's fund recently bought so much: Because they are stupid!
This article belongs to the Crypto Diary, if you use it, please credit us.
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