This month's trading journey has been quite bumpy. I initially invested $500, and as the market cap rose to $820, I ended up losing $1000 in December. The spot holdings have basically recovered the losses, but this lesson reminds me that I still need to rely on leverage in contracts to turn things around.
Honestly, my current goal is very clear—reach $2000 in the first phase, and if the pace is right, push to $5000, with the ultimate target set at $10,000. It may seem ambitious, but based on recent trends of BTC and ETH, there are still opportunities. The key is to control the leverage ratio well and avoid repeating past mistakes.
The volatility range of BTC and ETH has been pretty good lately, especially ETH's recent rebounds, which provided many opportunities. My strategy is to position at key points, letting contract positions follow the market rhythm. Of course, risk management always comes first, and strict discipline in cutting losses and taking profits must be maintained. The next step depends on the market performance.
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RektButSmiling
· 9h ago
Trying to go all-in on the contract again and expecting to turn a profit? Brother, that's a risky mindset.
Losing 1000 and still hoping to recover with leverage, I think that's a gambler's mentality.
The promised risk management, in the end, still depends on luck.
Hitting 2000 this time would be good enough, don't overthink it.
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MEVHunter_9000
· 9h ago
Speaking of December, losing $1,000 was really heartbreaking. Leverage is truly a double-edged sword.
My brother said he wants to hit $10,000. That's a pretty aggressive goal, but considering ETH's recent rebound, it does look promising.
The key is to stick to the stop-loss level and not let one recovery wipe out the entire account.
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BearMarketSurvivor
· 9h ago
Another story of leverage turning things around... Losing 1000 in December and still able to say it's risk management with a smile, your mindset is impressive.
This month's trading journey has been quite bumpy. I initially invested $500, and as the market cap rose to $820, I ended up losing $1000 in December. The spot holdings have basically recovered the losses, but this lesson reminds me that I still need to rely on leverage in contracts to turn things around.
Honestly, my current goal is very clear—reach $2000 in the first phase, and if the pace is right, push to $5000, with the ultimate target set at $10,000. It may seem ambitious, but based on recent trends of BTC and ETH, there are still opportunities. The key is to control the leverage ratio well and avoid repeating past mistakes.
The volatility range of BTC and ETH has been pretty good lately, especially ETH's recent rebounds, which provided many opportunities. My strategy is to position at key points, letting contract positions follow the market rhythm. Of course, risk management always comes first, and strict discipline in cutting losses and taking profits must be maintained. The next step depends on the market performance.