are you an expert will this go up or will small traders like me run out of money
501sistem
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$MUBARAK I bought at a price of 0.0842 now at a price of 0.0597 half of my investment has been consumed by this al in coin what do the experts think let me know if I should hold until it's finished or what?
$MUBARAK I bought at a price of 0.0842 now at a price of 0.0597 half of my investment has been consumed by this al in coin what do the experts think let me know if I should hold until it's finished or what?
Changpeng and the Mubarak Coin: The Dream THR Turns into Ramadan Disaster" Soon it will be Eid, and Changpeng has a big mission: Get the THR through futures trading on the Mubarak coin!
"Why wait for THR from the office when I can make it myself?" thinks Changpeng.
With full confidence, he opens a 25x leverage long on the Mubarak coin with high margin. He puts in all his balance, including money that was supposed to be for buying Eid clothes and angpao for his nieces and nephews.
"Soon there will be big profits, Haw! This Eid, I'm giving angpao to all the kids in the neighborhood!" says Changpeng to his friend, Haw.
At first, Changpeng's plan goes smoothly. The price of the Mubarak coin rises by 5%, and Changpeng's balance increases. He becomes more excited, already checking out catalogs of branded koko shirts and planning to upgrade his phone.
But, like the laws of nature in the futures world...
One minute later: The price of the Mubarak coin drops a little. Changpeng is still relaxed.
Five minutes later: The price drops deeper. Changpeng starts to sweat.
Ten minutes later: BOOM!!! The Mubarak coin plummets by 30%!
Due to the 25x leverage and high margin, Changpeng's position immediately gets a margin call, and in a matter of seconds, his balance plummets to 0 rupiah.
Changpeng is stunned. His hands are shaking. He breathes heavily.
With a broken heart, he opens a chat with Haw: Changpeng: "Haw… Where did my Mubarak go?" Haw: "It's no longer Mubarak, Peng… That was Mubarat."
Eid arrives.
His friends are busy distributing THR, while Changpeng can only smile bitterly while eating crackers from the stall. When asked when he will give angpao, he just replies:
"No THR this year… only TR (Total Disaster)."
Moral of the story: Don't use important money for futures trading, especially with high leverage and large margins. If you want THR, it's better to work hard than to rely on a penny stock!
Hope you enjoyed this comedic story! Sorry CEO Binance CZ for using the name🙏😁, I was just inspired to make a comedy 🙏. Has anyone experienced what Changpeng did? Or could it be... you are the next Changpeng?
only those who invest for the long term will win the experience from all altcoins that have survived for years you gamblers get out of here foolish investors
$MUBARAK pauses but does not dare to mess around in this project until the time for market manipulation comes, even complaining until the moment it booms and flies to the moon
Eid $MUBARAK to every muslim on this planet . i just invested all my savings in to this coin. Follow me for uptades if i succed you will see my balance and further investments... salam 🙏😊