I'm also following along and currently struggling with a 1k loss
Post
Square-Creators-000000001859
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After the account burned a month ago. Lost all the profit made (after 1 year total profit was 25k, loss 28k, negative 3k). I have refreshed my mind for a month without playing. And now I return but with a safer and more effective way to play:
1. Do not play when drinking alcohol or after drinking beer
2. Arrange playing time reasonably (should not affect family and children)
3. No FOMO, use small leverage (I usually play 3x, 5x)
4. Enter with small ratios to explore the market, if that asset is in downtrend, do not DCA but only DCA when down 70-100%.
4.a Always set a stop loss
5. Be armored thick but must think and play with the mindset of only having 1/10 armor.
There’s a lot more I want to share with everyone.
But the last thing I want to mention: The market is very harsh, getting money out is already happiness. A ratio of 20-30% profit in a month is not bad for the future, so be satisfied with what you have. Little by little will eventually lead to success.
#btc
1. Do not play when drinking alcohol or after drinking beer
2. Arrange playing time reasonably (should not affect family and children)
3. No FOMO, use small leverage (I usually play 3x, 5x)
4. Enter with small ratios to explore the market, if that asset is in downtrend, do not DCA but only DCA when down 70-100%.
4.a Always set a stop loss
5. Be armored thick but must think and play with the mindset of only having 1/10 armor.
There’s a lot more I want to share with everyone.
But the last thing I want to mention: The market is very harsh, getting money out is already happiness. A ratio of 20-30% profit in a month is not bad for the future, so be satisfied with what you have. Little by little will eventually lead to success.
#btc
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