Crypto Trading Journey - $$$ to $$$$$

Advertise on BHW
Shorting is what kill most trader when they are new . Stick with your strategy , there is enough money to be made with spot and in case something wrong happen you still own these coins(not like futures)
 
CPACodex said:
Shorting is what kill most trader when they are new .
Click to expand...
AGREE! That's how i lost $$$$
CPACodex said:
Stick with your strategy , there is enough money to be made with spot and in case something wrong happen you still own these coins(not like futures)
Click to expand...
This time I'm using futures for learning purpose.
 
MemeLord said:
AGREE! That's how i lost $$$$

This time I'm using futures for learning purpose.
Click to expand...
You can use a SL of 5 % it's what most people do or even do a time based stop loss . Let's say if you open a BTC Long and 10 hours later the trade is still open and in the red just cut the trade and analyze why that's happened . A good trade need to be closed really fast . Of course that depend if you want to do a swing trade or just do some day trading
 
Daemon Targaryen said:
If you are shorting you'll either get rekt or got rekt already or both.
Click to expand...
That depends on when one sells (in shorting) and when one buys (in shorting). What I mentioned is someone shorts Bitcoin (with 0 leverage) now when Bitcoin is at US$21000 and close trade when Bitcoin is at US$8000 by around the end of the year, then what you've mentioned cannot be the scenario. Sorry to say, you are clealry confused.
 
Update : I hate BTC

Everytime BTC drop 2%, all the other (alts) coins drop by 10-20% and it takes weeks to recover from this 10-20% red.

Bulltrap for beginners, Everytime.

What i learn is BTC will pump before any FED news and boom dumb after news (80% time) only expert 'shorters' win here.

I knew this from my pre-experience but didn’t sold my coins again. This is the last time, not going to step in this bulltrap again.


Screenshot_2023-01-19-14-37-16-40_ee1cec40dcf6eb3919ecbfc5d87e6719.jpg
 
Daemon Targaryen said:
Bro you're confused. You plan to short when the bear market is over, kek.
Click to expand...
US$17k to US$21k is not a bull market. Relax, let us wait and see what Bitcoin price is by the end of this year (2023) and then we'll talk about it further.
 
Trust WorkShop said:
US$17k to US$21k is not a bull market. Relax, let us wait and see what Bitcoin price is by the end of this year (2023) and then we'll talk about it further.
Click to expand...
I didnt say it's a bull market. You're so delusional you think you know where the price will be by the end of the year. Just another gambler thinking he found the method to beat the house.
 
Why not just make your own crypto and pump and dump it yourself instead of letting other pump and dump you?

Using Wall St terms and tactics for an obvious scam won't make you money. Either scam people yourself or get into something you have total control over.

I would suggest reading a few thousand pages on investment psych books before you play with this anymore.

Sunk cost fallacy is a great place to start.

Is giving weight to sunk costs always irrational? Maybe , maybe not...

Good luck buddy
 
Advertise on BHW
You must log in or register to reply here.
Sign up now!

Main Menu

Home Main Forum List Black Hat SEO White Hat SEO BHW Newbie Guide Blogging Black Hat Tools Social Media Downloads

Marketplace

Account Selling Content / Copywriting EBooks / Methods Hosting Misc Proxies For Sale SEO - Link building SEO - Packages Social Media Social Media - Panels Web Design More

Making Money

Affiliate Programs Hire a Freelancer IM Journeys Making Money Pay Per Click Site Flipping Want to Buy

BlackHat World

Dispute Resolution Forum Suggestions & Feedback Introductions Lounge
Back
Top