$SOL The reason why some of us are in huge losses is that we were never guided about how and in which tokens we should invest in! Personally I have been learning a lot and gaining experience as I learn from my mistakes.
The biggest mistake I regret is investing in tokens that have no real world usage, tokens that aren't in the first 20 in market cap rankings.
I traded with excitement on those shit tokens that were currently pumping and guess what, No sooner did i make an entry when they dipped, till now am waiting for some of them to recover.
My advice; Focus on the top ten or 20 tokens in the market cap rankings, those are the real value tokens that will never dip drastically nor will they be delisted.
When the market goes against you… every minute more pain is adding to you. The loss keeps growing, candle after candle.
But the moment it finally goes in your favor… suddenly every minute some ofyour profits are being taken away.
And if you persist💪💪, then the green or profits will turn to red or losses and even liquidate you😣😣.
Yet the boss says, "If you can't hold, you'll never succeed"
It's all risky, take any profits.
The most painful part in this business of crypto is that; IT takes seconds for you to be in losses half of your capital but takes a day,a week or months to have profits half of your capital.
I wish this guy knew how hard it is to make money, How struggling or hard life is for us. @User-aa40d
I feel so much pain seeing this guy losing more than $40k willingly yet he's in a short position and the most painful thing is that he's liquidations are always impossible to reach.
Imagine having a liquidation in a $SOL short position of 7000 but the guy can't hold for even a day.
Brother that money you're throwing is my dream money. @User-aa40d stop closing without putting on a fight.
That green candle after a continuous red candles is all I wanted before I lost my all capital.
Do you guys remember when $SOL $BTC and $ETH dipped from $143 to $55 (Sol)
I was in a long position, and things were taking me, I had nothing to save.
So I decided to scalp cause I knew every after a long red candle, there's a pullback (green candle)
So I increased the leverage and margin, but guess what??
There were no Pullbacks, no green candles, red candles never pulled up even for a 1%.
Things just continued dipping rapidly hour after hour until I lost everything.
Now I have managed to get a little and came back to trade, currently am in a Short position but Pullbacks are so many, every after a red candle, there's a mysterious green candle which I wanted earlier and never happened.
Now I want things to dip continuously like the same way they do when am in Long position but they aren't doing so.
Good morning fam, I look at these things and I wonder whether we will ever be able to make money.
If at all Things pump for no reason once you're in SHORT position and they try so hard to keep pumping until your stoploss is hit.
Even when all indicators are saying downtrend, and yes they start forming red candles, they'll recover the red candles into green ones and pump moreeeeee just to liquidate you.
And vise versa, All you need is huge capital and you chill out without minding about these intimidating fluctuations.
There's nothing to lose when you're already a loser.
It's your brains that are hindering you from trading it LONG, when it reaches it's climax, then your brains will assure that it's the right time to #BUYLONG and it will dump on you.