After I turned off my futures for 1 month, in 3 weeks I accumulated $150, while I had already lost $10 due to the drop of $FET by 20% after I bought it and other coins. The idea was to buy coins on the spot and, after the price increased by +3–6%, sell them and lock in the profit, then look for new trades. But over three weeks, only with coin $ZEC , which I also bought on spot, was I able to do it; most of the others mainly fell and then returned to the exchange. Because of that, I decided to try opening a bot with these $150 and see what comes of it. Do you have experience trading specifically with a spot bot? Share in the comments. #zec #RenderNetwork #FET
$VELVET Basic rules that I understood after a $3,000 loss on futures
1) Always set take profit and stop loss (without these, you’ll wait for more and more profit, and you’ll delay closing a losing position further and further) 2) Always do your own analysis. There are a lot of experts and information on the internet—it's okay to listen to them, but you still need to do your own analysis 3) Don’t enter a trade just to trade (lately I’ve noticed that I enter trades just to stay in the market, and God forbid I miss out on the opportunity—ultimately, it doesn’t lead to anything good) 4) Take pauses after trades. Don’t try to recoup a loss immediately, and don’t rush into the last carriage when you see a big move
The most important things, as I see them, I highlighted. If you have anything to add, write
Futures stop I decided to take a break from futures, give myself a bit of breathing room, and want to try spot trading. What would you recommend I add to my portfolio? $SHELL $ZEC
I think there are more options to go for 210> than for 300
CRYPTOUSDUA
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📉 Asset analysis $ZEC (2D)
The price continues to move in a downward trend: we are trading below MA 7/25/99, seller pressure remains. After an impulse rise, the asset is forming a series of lower highs.
🔻 We are currently testing a key demand zone of 230–240. Breaking through will open the way to 170–190. Holding — a chance for a rebound to 270–300.
Volumes are decreasing, volatility is tightening — the resolution is near.