$BTC is down 30% from all time highs and $ETH is down 42% from ATH's. There's a swing long somewhere around here, just gotta have the stones to weather the storm. And if it's straight to 60K's, oh well, gonna lose that 2-3% port, not the end of the world.
It's pretty simple
If u keep money in MEXC and lose it, they keep it
If u make big profit then they will start making excuses and keep your money
Why? Because MEXC trades against their users and it's a loss for them if a user makes profit. There are thousands of such cases and many I have personally known
We talk about global adoption while most of our "top exchanges" are full blown scam runned by mostly a single group and if they choose to scam you then u can't even do anything
How long till these CEX mafias to keep on exploiting their users in the name of "risk of investing in crypto"?
If you didn't lose money yesterday, don't be arrogant about it.
Many lost a lot, many got wiped out. Yes it's their fault but don't rub it on their face. Being humble never hurts anyone.
4.Moreover, the task of MM is to protect investors from volatility. The large $WATER community could have mistakenly bought the token at an FDV of 1B+ before presale investors received their tokens, potentially facing a -90% loss afterward. To protect the community, we lowered the price to a fair level.
CZ full sends back on twitter + changes his bio from ex binance to binance and a few days later $1,000,000,000 in longs are liquidated absolute cinema.
Aster lets you deposit USDC from Arbitrum
But all spot assets are quoted with USDT
And there's no swap from USDC to USDT
The financial revolution is upon us
The harsh truth about "making it" is that the further you go on your trading journey, the more isolated you become
How do you tell your irl friends that your stop loss is the deposit on a house
That you make a yearly salary in one trade
At best you're unrelatable
At worst you're insufferable
Impossible to describe what you do in simple terms, so you just say "finance" which isn't remotely true
Half-truths and lies
That shit gets lonely
Proceed with caution
The amount of emotion in the market right now is quite incredible, I wonder how some people are even profitable at all. Flipping bias every 6 hours.
Chill out and zoom out. You will be much more profitable and less stressed
If you look out, for both ETH & BTC the weekly chart does not look like it grabbed enough liquidity to put on new highs.
Anyway if we print a lower high and a daily close validating an higher low on both charts, I’m flipping bullish - not before.
My ST bias is still bearish on BTC & ETH, but this current consolidation makes me think we run a bit higher before taking some new lows
Still holding my limit longs lower