Can you please tell me if using DCA and holding BTC with a futures contract has a reasonable duration?
Post
Shizuxt
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In the market for 3 years, I only dared to trade BTC and ETH, leverage not exceeding x50, not to mention only scalping with clear stop loss and take profit. If the plan doesn't go as intended and hits the stop loss, then find another opportunity. Yet, I see many new traders having a get-rich-quick mindset, using high leverage, and trading junk coins, with a mindset that blocks progress. When they lose, they hold on until they die without knowing whether it will go up or down =)))
My advice to you is not to hold overnight orders except for coins you believe have a basis for going in the right direction tomorrow.
Altcoins should only be traded when you know how the market will move to optimize profits; otherwise, stick to top coins for trading.
You should only make a few trades a day, taking small profits and exiting. No matter how it is, don't regret it.
In the picture below, I deposited 150 USD to scalp and earn 10-20 USD daily; after a month and a half, I managed to earn about that amount. Just take it slow and steady 😉
My advice to you is not to hold overnight orders except for coins you believe have a basis for going in the right direction tomorrow.
Altcoins should only be traded when you know how the market will move to optimize profits; otherwise, stick to top coins for trading.
You should only make a few trades a day, taking small profits and exiting. No matter how it is, don't regret it.
In the picture below, I deposited 150 USD to scalp and earn 10-20 USD daily; after a month and a half, I managed to earn about that amount. Just take it slow and steady 😉
