The biggest lesson crypto teaches is patience and pressure management.
Most traders panic when they’re in loss — instead of staying calm, they close their trades too early. I was scalping BNB futures and made $30, $50, and $90 in my first three trades. But on the fourth trade, the market dumped. Instead of accepting a small loss, I decided to hold. I logged out of my account and after 1 months, I finally closed that position in profit.
Many traders make the mistake of opening new positions while already in loss, and 90% of the time those additional trades go against them, leading to liquidation.
The rule is simple:
When you’re in a losing futures trade, don’t multiply your positions. Stay patient, manage pressure, and let the market settle.#BinanceSquareFamily
