CryptoThroughTheTulips
2K posts

CryptoThroughTheTulips
@Bridabomb
Crypto trader | Chart Starer | NFTs | Strategy Development | // Primed *All models are wrong, but some are useful.*
Olympus Mons Uberlair Katılım Temmuz 2009
1.8K Takip Edilen329 Takipçiler
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$BTC
I mean this definitely totally wouldn't happen
but
I could see #Bitcoin retesting the $74k area

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CryptoThroughTheTulips retweetledi

I'm getting many people asking for advice and knowledge on lev trading.
Which is ironic because I'm a publicly failed leverage trader. (2020/2022 liquidation arc).
So I'm going to post the things I learned:
1. Don't trade leverage.
2. Position size is everything relative to your total net worth. Bet small, win big.
3. Withdraw profits in btc/stables to cold storage weekly/daily. don't keep your entire networth on an exchange.
4. Don't use more than 3x leverage for BTC/ETH/SOL.
5. You don't need leverage on altcoins. If you do anyway, use even less leverage. XRP went up multiples, you don't need 25x leverage on it.
6. Cozy in spot is a vibe. If you hit it big on a trade retire from leverage trading.
7. Cross margin is very sexy, until there's a global market nuke.
8. Some of the best traders on here keep their position size and risk exactly the same every day.
9. Only buy red candles
10. Only sell green candles
11. money is your freedom, not your dopamine
12. Don't trade leverage.
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