On days of market decline, the secret is to convert your entire portfolio into USDT to protect against losses. The crypto market is in a situation where when there is an increase one day, the decline the next day is equal to or greater than that increase. Many people are losing money here. I myself lost 3000 reais from January until now. After suffering so many losses, I am adopting a strategy of keeping the money in USDT (which does not have much variation) and only entering new coin launches, taking a profit and then selling and going back to USDT. In 2 days, I recovered 400 reais with this strategy. Today with Red, I bought as soon as it launched at 1.2 and sold at about 1.6 and made a profit of 200 reais. When the market is unfavorable, we have to find a way to minimize losses.
The purchase opened at 7 AM. 10 AM was the American time. People often confuse this. When it says it will open at 10 UTC, then in Brazil it is 7 BRT.
GuinaReis
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They said to buy $RED because today at 10 am it would enter the market! It's already 10:10 and nothing! I got here first, in the early morning. I saw a bunch of whales coming in already and we are here waiting! What kind of binance is this? What kind of Xuxa show is this????? 🤣
But it was a disappointment. I expected much more from Red. The peak was around 1.47. The currency did not take off.
Eduardo Ernandez
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$RED who was deceived here like me who missed taking $XRP when it was 2.05 to place a market order at $RED believing it would be executed? Money stayed there for 3 days doing nothing!!!
I canceled as soon as the sale opened and I saw that it didn't execute. So I bought RED at 1.18 and sold at around 1.25. I still managed to make a small profit of 200 reais.
Eduardo Ernandez
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$RED who was deceived here like me who missed taking $XRP when it was 2.05 to place a market order at $RED believing it would be executed? Money stayed there for 3 days doing nothing!!!
#ZOO Guys, wasn't this new cryptocurrency going to be launched today? What time will it be launched? Will it still happen? I thought it would be at 9 am Brasília time because I thought it would be 12 pm UTC. But so far, nothing.
Where did you see this news? Is this coin already being traded on other exchanges? Or will it be a new launch on Binance?
sheik da cripto
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A good opportunity to trade HEI is the old lit, it has changed its name, it will be launched on 02/13 from 07:00 Brazil time Starting at $0.74 at the opening, it can reach up to $16.00 like lit did, but it is not a currency for the long term, an opportunity to make a significant gain at the opening
You have to set a stop loss when buying a launch currency. And you should never hold it. It's buying and selling on the same day. After that, it's all downhill from there.
Iona Burritt A3IS
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Could I have gone in yesterday with everything I have and invested in $BERA ? Yes, I could have. I would probably be rich now when it hit $15, but I was afraid to invest and lose everything... This is also a lottery. You can win a lot or lose everything. It's up to you to choose. Many coins, like $BIO , were launched and melted at the same time. So sometimes it's worth being cautious. It's better to win a little but win than to lose everything and never recover. Whoever bought at $15 will probably never see their money back. Now it's just free fall.
Set a stop loss so that when it drops to a certain value it automatically sells for Dollars (USDT), then if it drops further you can buy back and earn more tokens.
Kleber Crypto
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Bearish
I should have left when I thought about leaving, it was 3.12. I went to sleep and when I woke up it was falling, I waited for a rise that didn't come. No one knows what to say or do around here, there are signs that it will reach 1.77.