It is not that complicated that a lot of people make it out to be. If you want to make crazy money next cycle in crypto, its easy. Buy coins that have at least 1 cycle under their belt and are -95% off their highs and you think that they are not dead. Thank me 2 to 3 years later. All this macro, technical analysis garbage wont make you rich. All that matters is the money you put in, the entry price and the exit price of the instrument you participate in.
Many thx for the cheat sheet, it is much appreciated!!!
Tradersweekly
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Making money in the market is highly challenging. Therefore, I find your statement - "It is not that complicated that a lot of people make it out to be." - somewhat ridiculous since 90% of retail traders lose money.
BGMind_Control
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@Tradersweekly, Because people are dumb and they think they are smart and are leverage trading.
UnknownUnicorn34700073
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I swear, this site gets dumber and dumber people on it by the day.
For the sake of brevity I won't completely trash your "advice" in long form.
If you have 100% ultimate confidence in scam coins that have dropped 95%, the smartest thing to do is buy 100x leveraged long positions and add enough leverage to cover to zero, even with the funding rate you will make hundreds of thousands of percent gains to the upside.
I can't believe I even have to explain this basic baby's first day trading stuff *sigh*...
BGMind_Control
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@steve44616, You are a retard. Go and lose all your money then.
UnknownUnicorn34700073
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@BGMind_Control, Genius, all you have to cover with margin is whatever is left after its "95%" drop like YOU said "Buy coins that have at least 1 cycle under their belt and are -95% off their highs".
Did you already forget the delusional babble you were spewing in your post?
If you are SOoOOOoOOO sure these scam coins aren't going to zero, add enough margin to zero and you can't get liquidated, it's a risk free trade. In fact, if you started the position today you will get paid, because the funding rate is paying longs right now. You make money while holding a risk free trade.
Do you even actually trade? You sure sound like you don't.