BenitzJr

One of the worst 30 days of all, thanks to 1 single coin, $COAI , When I opened Long it dropped, when I opened Short it rose!

One hour we all go through this, this year I had 3 giant liquidations and I forced myself to learn how to take the losses. An operation cannot exceed 2u of loss.

My main bet is on $SUP no Alpha, a perpdex with over 1m followers on Twitter and with high activity on social media.

I will focus for now only on Binance Alpha. The futures market has drained my wallet and my head.

After yesterday, the challenge I was doing did not work out. How can a gold-backed coin that fell 2% drop almost 25%? Wasn't it backed? I didn't see USDT and USDC dropping like that. This completely eliminated me from the world of crypto. I will return one day.

After the recent setbacks to my assets, I took some time off from trading and I'm coming back now, the challenge is still on.

Current balance $230 being -$270 since the beginning of the challenge 8 days ago. Returning to the study table, I intend to recover the initial balance this month.

#DesafioDos500a20000

The challenge started to tick difficult, two poorly executed operations delayed the project, but it is still not irreversible, time to stop, breathe, and study the strategies.

My main mistake is being emotional, not knowing how to appreciate small gains and losses when they appear. We have to know how to lose in this world to be able to win later.

$MYX is the second operation where I make the same mistake, failing in one operation and then doing another trying to gain more, and that’s when the big loss comes.

I have commented a few times here about controlling margins to reduce the risks of future operations. Yesterday I made a double mistake by not closing a good operation at the right time and still trying to correct it by adding more margin, the result of this was this terrible operation that left me stuck at a very high value and an unrealized loss as large as the profit of the whole week. I will work on this operation to try to reduce the loss.

This mistake of mine only reinforces the importance of always establishing a Stop Loss. Never make uncovered future operations.

Yesterday was the launch day, and at the launch, we managed to earn some extra cash to help with our mission of #DesafioDos500a20000 but we have to be very careful in these launch operations.

Every coin launch is an opportunity to profit, whether it's Long or Short, it's up to our strategy to choose the best option.

Today it was the $TRUTH that helped with the daily goal. I still believe we will have good opportunities with it throughout the day. Keep an eye on it.

Where the launch of Eden made the good for the daily target. We reached it easily. We are 3 days into #DesafioDos500a20000 and went from $500 to $1300.

We made a big initial step, now it's to keep our head to not put everything at risk.

The current operating bank is $550 and the unit of each trade is $25 with 1 reentry if a recovery signal appears and a stop loss of 100% of the unit.

Plasma ($XPL ) gives us great trading opportunities this morning, the day's goal was achieved just with it, let's focus on the challenge's objective. We are already at $800, rising from $500 to $800 in 3 days.

Now it's time to contain the excitement and work on the guarantee. #ChallengeFrom500to20000

The 210 has already hit and pulled back, great opportunity to redo the operation and exit again at 210 with a part.

The sun continues the mission to reach 210, but while it doesn't get there, we are taking all possible opportunities $SOL

$BNB as always helping to achieve daily goals. Take advantage of the fluctuations to Long in bnb, it will return to 1000 and will provide many opportunities until then.

A good opportunity for a quick gain, helping a lot with the daily goal of the challenge.

$LIGHT

#Desafio500a20000
Daily goal achieved

I opened a Long at $SOL thinking about the moment of currency recovery, it is in correction and should have a slight upward correction until 215.

TP will be realized in the region of 210

Taking advantage of the main currencies' recovery momentum, I chose to start the challenge with the main currencies. The first trade in them was at $BNB where we will have many opportunities in the coming days until their recovery reaches $1000.

Follow for more information.

#Challenge500to20000

After the damage (loss of 80% of the bankroll) that was this week in my portfolio. I took 72 hours to clear my head and think about the mistakes.

Tomorrow I start a new challenge, transforming $500 into $20,000 in 300 days, an ambitious goal but with patience and strategy we will succeed. Starting tomorrow, I will be posting the operations and analyses of them.

To follow the saga, hold the profile.

Another liquidity collection before the $BTC follow the M2 Global chart, take the opportunity to position yourselves. I will make small entries in my position for every 1000 dollars drop.