In an impressive crypto trading experience, a crypto trader faced a panic selling situation, but he endured and earned $873k in 2 days.

In the crypto trading industry, profit and loss are part of the investment process, where a losing trend can make millions and vice versa. However, despite the possibility of gains, it is not an easy game, as various factors affect a token’s value. This is why developing a risk management strategy and running a proper technical analysis is mandatory to maintain profits in the crypto market. One such crypto trader has presented the best example, turning his $1.8K investment into $873K within 48 hours.

Crypto Trading Opportunity Turned $1.8K Into $873K
Though the crypto market is full of profitable opportunities, making instant gains is rare. The value of assets fluctuates often, complicating the crypto trading process. However, a few with deep market knowledge and understanding of the trades made heavy profits, including this crypto trader who invested in Ban token and made a 490X return on his investment.

Lookonchain brought this incident to attention, revealing the trade record, which made heavy gains within 48 hours. As per the post, the trader spent 10.2 $SOL, equivalent to $1,795. With that, he bought 36.27M $Ban, and once the token grew multiplefold, the investment turned into $873K in just 2 days.

“This guy turned $1,795 into $873K in just 2 days — a 490x return! Everyone could learn from this trader’s selling strategy: instead of panic selling everything at once, he gradually sold portions after each surge to avoid missing the rally.”
— Lookonchain (@lookonchain) October 27, 2024

It is more than impressive, as the crypto market has been struggling for the past few days despite the hype around Uptober. Earlier, the market had gotten a grip on the bulls, but with the impact of macroeconomic events, the situation is not entirely favorable.

Crypto Trader Made Heavy Profit With One Simple track

Though the crypto market is challenging, investment strategies should not need to be as challenging. This is what this crypto trader exhibited, and he just followed a simple strategy of standing strong through losses. In crypto trading, people often make the common mistake of panic selling, as they end up trading their holdings in fear once their price begins to plummet. And to save any portion of their investment, they wrongly bear heavy losses.

However, this one played smart and kept holding until the price began to grow again. He sold his Ban tokens gradually instead of panic selling, as he sold only a portion after a significant surge to take advantage of any possible rally.
The Lookonchain post further revealed that he first sold 12M $Ban for $56.9K when the price grew. He did not even flicker when the price plummeted 90% and waited for the next rally. More importantly, he only sold 6.13M $Ban for $80.7K and is holding another 18.13M $Ban($734K) while waiting for another rally.

What Is The Lesson Here?
The crypto trading industry is worth $2.27 Trillion today and has seen higher heights when the market was favorable. It confirms how the token value rises and depletes with various external factors, which could make an investor’s rags into riches and vice versa. However, timing is everything here. A trade that began or completed at the wrong time could cause heavy losses, and many have made this mistake, including an investor bearing the loss of $454K after panic selling within 40 minutes of buying. This is the prime example of how panic selling costs you more than bearing the tough situation and selling when a profitable situation returns as this crypto trader did.

Recommendations, suggestions, views and opinions given by the experts are their own. You must do your own research before investing crypto markets. Crypto Wolf always trying to share valuable news. Stay with us.

#BinanceTradingLeague #binance4ever #BTCETFDemandSurge #USJoblessClaimsDip

The Future of Trading is Here: Binance Traders League
The Binance Traders League is a highly anticipated event that offers traders of all skill levels the chance to compete against each other and win substantial prizes. With a massive $10 million rolling total prize pool, the league has attracted significant attention from the crypto community. This article will delve into the key features of the tournament, including the competition formats, prize structure, and important dates.
Competition Formats
The Binance Traders League features two main competition categories:
Spot Traders League: This league focuses on spot trading and includes competitions based on trading volume and ROI. The top traders in each category will share a portion of the $3 million prize pool.Futures Traders League: This league caters to both individual and team traders. Participants will compete in teams or individually based on their PNL and ROI. The total prize pool for this league is up to $7 million.
Prize Structure
The Binance Traders League offers a generous prize pool that is distributed among the top-performing traders in each competition. The exact breakdown of the prize pool will be announced closer to the start of the tournament.
Key Dates
Pre-registration: October 3, 2024Spot Solo Competitions and Futures Solo Competition: October 8, 2024Futures Team Registration: October 10, 2024Futures Team Competition: October 17, 2024
How to Participate
To participate in the Binance Traders League, you must pre-register before the competition begins. Once registered, you can start trading and competing for a chance to win a share of the $10 million prize pool.
Conclusion
Unleash Your Trading Potential: Join the Binance Traders League
The Binance Traders League is a thrilling opportunity for traders of all levels to test their skills and compete for substantial prizes. With a massive prize pool and a variety of competition formats, the league is sure to attract a large number of participants. If you're a trader looking for a challenge and a chance to win big, the Binance Traders League is definitely worth considering.

$BNB $BTC $FDUSD
#BinanceTradingLeague #Binancetrades #BinanceEarnProgram

It’s time for Binance Trading League of the year!

What is Binance Traders League?
The Binance Traders League is an exciting competition for both novice and seasoned traders, offering challenges in Spot and Futures trading with a massive $10 million rolling prize pool. It provides a dynamic mix of solo and team-based competitions, making it accessible and engaging for all traders.

How can you participate in this?

Here are a few key dates for you to note.
October 3, 2024: Pre-registration for solo Spot and Futures competitions opens, along with the Spot mission campaign and Futures welcome offer. October 8, 2024: Official start of Spot and Futures solo competitions.October 10, 2024: Registration for Futures team competitions begins.October 17, 2024: Futures team competition kicks off.

And….here are the insightful highlights for you to help motivate for grabbing rewards!
Spot Traders League Highlights
Participants in the Spot Traders League will compete in volume-based and ROI-based challenges, where top traders will share up to $3 million in BNB prizes. There's also a special mission campaign offering a $200,000 USDC prize for those who explore Binance’s Copy Trading and Trading Bot products.
Futures Traders League Highlights
The Futures Traders League offers individual ROI competitions and team PNL challenges, with a prize pool of up to $7 million in USDT, along with exclusive Binance VIP swag. New Futures traders can also share in a $700,000 welcome prize pool.
This competition is designed to test your trading strategies, whether you prefer to go solo or collaborate in a team. With the prize pool increasing as more participants join, the stakes keep getting higher.

Why should you participate?
Because the rewards are BIG!
But apart from that,
the Binance Traders League not only offers the chance to win substantial rewards but also allows traders to showcase their skills and connect with a community of like-minded individuals. Solo traders can test their personal strategies, while team traders can recruit members, collaborate, and aim for collective success.

You can pre-register now to secure your spot, invite friends, and start building your team. Whether you’re aiming to prove your individual expertise or work together in a team setting, this is a golden opportunity to win part of the $10 million prize pool and make your mark in the crypto trading world.

Ready to show your skills? Join the Binance Traders League and take your trading game to the next level!
#BinanceTradingLeague #BinanceSquareFamily #BNB #USDC✅