When trading in crypto, it's more important to ensure that your wallet doesn't go to zero than to make a profit. Most people lose their capital due to two main reasons, which are illustrated with images.
1. Over-Leverage: (See image-1) Wanting to make a lot of profit and using high leverage is akin to self-sabotage.
2. No Stop Loss: (See figure-2) Trading without a Stop Loss is like driving a car at full speed without brakes.
If you can avoid these two mistakes, you are already 50% sure to succeed as a Trader.
Do you have any experience of losing your capital? (Don't be shy, let's share experiences in the comments!) 👇
#Liquidation #CryptoTrading #SafeTrading #BinanceSquareMyanmar #Write2Earn 