RE: LeoThread 2023-12-13 13:46

[tengolotodo.leo]

The biggest takeaways for me from previous cycles are:

• Take Profits!
• Buy BTC!!!
• Triple check your wallet/address details when sending crypto anywhere...

Comments

[cpol]

I love especially the "triple check your wallet" advice. I almost made a horrible mistake once because I wasn't careful enough. Thank God it wasn't a costly one and I could recover everything, but sometimes you don't have a second chance!

[tengolotodo.leo]

Yep a Hivian I know lost $100 in HBD she sent to Binance instead of Hive for example. She had never sent it on her own before and bam lost it.

[cpol]

Wow, what a costly lesson she got. So sorry to hear that. ☹️ !PIZZA !PGM !CTP !BBH !HUESO

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[bbhbot]

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[cyclopshive]

The previous cycle was hectic for me. I was a newbiw trader then. I got liquidated 6th times and left future trading. After 8 months I learn trading professionally. Now I can say spot is better than futures in the bull run.

[tengolotodo.leo]

Ouch, yeah it is very easy to get your fingers burnt. Spot is great, you might not potentially make as much as as with futures and perpetuals but in theory it is alot harder to get liquidated.

Six times though, damn it is a wonder you stayed and persevered!