My Leverage Trading Crypto Journey

DJPaulyD

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Been trading on Bitmex/ByBit for a bit now, but I figured it's time to take things seriously so I'll be posting pics of my trades (including profits/losses)

I'll update this thread on a daily basis. Expect a trade later tonight.
 
I am smelling rekt... But good luck man, to 'take things seriously' doesn't mean to go from 2x leverage to 20x leverage. Trade smart, control your greed!
 
Lol, leverage stories almost always end badly, but good luck buddy.
 
good luck man! following

Thanks man!
I am smelling rekt... But good luck man, to 'take things seriously' doesn't mean to go from 2x leverage to 20x leverage. Trade smart, control your greed!

As the great Tony robbins says, when you succeed you party, when you fail you ponder, and all greatness comes from pondering. There will be loses. The key will be for me to manage these losses well. I will do my best to control my greed.

Lol, leverage stories almost always end badly, but good luck buddy.
Thanks!

This is the first trade:

trade.PNG
 
I am smelling rekt... But good luck man, to 'take things seriously' doesn't mean to go from 2x leverage to 20x leverage. Trade smart, control your greed!
Hey it can't be worse than GUH!

But yeah man leverage is like dancing with the devil. Best of luck
 
I prefer long BTC this time. I think BTC will be back to 8k8,ETH rise to 170$.
 
Best of luck with your journey. following ,

Thank you I appreciate it!

Great journey

Thanks man!

Nice journey .following.

Hey welcome!

I prefer long BTC this time. I think BTC will be back to 8k8,ETH rise to 170$.

I think you might be right!

Here's an update everyone!

update2.PNG

Some would've cut their losses but it's less than $80 to begin with so if the trade really goes bad it is a decent learning experience for myself and from there I would be more careful next time.

Prior to this I was on a decent winning streak so I guess I got a little overconfident in my TA.

The markets can change at any time and I simply wasn't monitoring it closely enough.

Learn from my mistakes.

More updates coming soon.
 
Hope to see the green numbers back again :D

Goof luck
 
Been trading on Bitmex/ByBit for a bit now, but I figured it's time to take things seriously so I'll be posting pics of my trades (including profits/losses)

I'll update this thread on a daily basis. Expect a trade later tonight.
Money goes from the hand of the impatient to the patient.
I use Bitcoin to earn money on a side with investing but never day trade.
I use Weekly or monthly chart.
Step back and watch the bigger picture even if you do leverage do not go above 10x.
It is just a suicide.

Good luck buddy!
 
Money goes from the hand of the impatient to the patient.
I use Bitcoin to earn money on a side with investing but never day trade.
I use Weekly or monthly chart.
Step back and watch the bigger picture even if you do leverage do not go above 10x.
It is just a suicide.

Good luck buddy!

I often use the 2HR, 4HR, Daily & the weekly. Thanks!

Hope to see the green numbers back again :D

Goof luck

Me too! Thanks!

Update:

Lost a few $ on the short.

Went long instead
:update3.PNG
 
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