Goodbye Perpetuals. 👋🏻
I’m fully liquidated and won’t be coming back to futures trading anytime soon.
It was good while it lasted.
Good thing is i’m still profittable on my Spot holdings which I bought back in 2017.
Trading perps was just a addiction which made me lose a fraction of it.
In this highly manipulated market I’d give you only one peice of advise and that’s “ Don’t use leveraged position.”
If you’re using it, please keep sufficient margin so even if your trade go against you, there will be a room to breath. Don’t go above 8x Leverage.
I’ll continue to post on @Binance Square Official so make sure to follow.
(imp: don’t rush to short a token that just pumped) it will go higher to liquidate shorts plus funding fee will eat your margin.
#Futures #Liquidations #goodbye #lost #Leverage
