losteverything
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When you first venture into trading, it’s highly likely that you’ll experience losses for an extended period. If you’re aiming for a career that promises significant financial rewards, remember that every trader shares the same ambition. However, trading isn’t just about making money; it’s a tough competition against some of the sharpest minds in the field. In essence, trading is a zero-sum game.
You’re stepping into a marketplace where your success depends on outsmarting seasoned traders who are just as determined to profit off your mistakes. As a beginner, the odds are stacked against you—not because of bad luck, but because you’re not prepared. No mentor, no educational resources, and no solid foundation. You likely signed up, made a deposit, and jumped right in without a strategy.
Do you really think you can outmaneuver experienced traders with this approach? The reality is, without proper preparation, you’ll lose while they continue to win. But here’s the good news: with the right mindset and preparation, you can change the narrative.
Success in trading requires learning before you act. Gaining knowledge, staying disciplined, being cautious, and learning to stay objective are all vital. If you can avoid the trap of greed and embrace patience, you’ll find yourself capable of competing with those skilled traders who once seemed unbeatable. It’s all about preparation, discipline, and strategy.
#EarnFreeCrypto2024 #losteverything #CPI_BTC_Watch #BNBChainMemecoins #BullBanter
You’re stepping into a marketplace where your success depends on outsmarting seasoned traders who are just as determined to profit off your mistakes. As a beginner, the odds are stacked against you—not because of bad luck, but because you’re not prepared. No mentor, no educational resources, and no solid foundation. You likely signed up, made a deposit, and jumped right in without a strategy.
Do you really think you can outmaneuver experienced traders with this approach? The reality is, without proper preparation, you’ll lose while they continue to win. But here’s the good news: with the right mindset and preparation, you can change the narrative.
Success in trading requires learning before you act. Gaining knowledge, staying disciplined, being cautious, and learning to stay objective are all vital. If you can avoid the trap of greed and embrace patience, you’ll find yourself capable of competing with those skilled traders who once seemed unbeatable. It’s all about preparation, discipline, and strategy.
#EarnFreeCrypto2024 #losteverything #CPI_BTC_Watch #BNBChainMemecoins #BullBanter
What I suggest is, A game is a game. Just don't play and MESS up your life upon a game. 😐
Trading is for investors. Not a mechanism profiting the majority. 🤷
Money is scarce. Should be. Fine!!
Money is just a ONE factor. You don't do trades for money. You trade for assests.
$BTC $ETH $DYDX
#Traders #losteverything #LostFortunes #LostBitcoins
Trading is for investors. Not a mechanism profiting the majority. 🤷
Money is scarce. Should be. Fine!!
Money is just a ONE factor. You don't do trades for money. You trade for assests.
$BTC $ETH $DYDX
#Traders #losteverything #LostFortunes #LostBitcoins
The TRAGIC STORY of Ben Won, who lost $16 million in the Leverage trading👀 Trending 🔥
#LeverageAlert #losteverything
The TRAGIC STORY of Ben Won, who lost $16 million in the Leverage Trading
He bought #Bitcoin when he was 22
He lost everything with Leverage trading
Ben Won, a 22-year-old who learned the hard way about the risks of leverage trading in crypto.
Ben first got into #Bitcoin in mid-2017 after a friend mentioned it. Without much understanding, he invested $100. During the bull run, his investment grew rapidly, and by January 2018, he had turned $1,000 into $2,000.
Despite the success, he didn’t fully grasp what Bitcoin was and didn’t sell when the price dropped.
Determined to learn more, Won spent months researching Bitcoin through Google, YouTube, and Twitter.
By 2019, he was deeply invested in BTC, putting 95% of his wealth into it.
By early 2020, he had accumulated about 3 bitcoins, a major achievement for him.When COVID-19 hit and Ben was laid off, he decided to explore trading. This is where he encountered leverage trading—a high-risk strategy that magnified both gains and losses.
What is Leverage Trading in Cryptocurrency?Leverage trading involves borrowing funds to increase the size of your trading position. It allows you to control a larger amount of crypto than you could with just your own money. For instance, with 10x leverage, you can control $10,000 worth of crypto by only putting up $1,000 of your own funds.
Here’s how it works:
1. Borrowing Money: You borrow money from a broker to increase the size of your trade.
2. Amplifying Trades: This borrowed money lets you control a larger position than your initial investment.
3. Potential for Bigger Profits: If the trade goes well, you can make more money than if you were trading with just your own funds.
4. Increased Risk: If the trade goes badly, you can lose more money than your initial investment.
Benefits of Leverage Trading
• Increased Buying Power: You can make bigger trades and potentially earn more profit.
• More Opportunities: You can take advantage of small price changes in the market.
Risks of Leverage Trading
• Higher Losses: Just as leverage can increase profits, it can also magnify losses.
• Margin Calls: If your trade loses too much, your broker may require you to add more funds to your account or close your position to limit their risk.
• Debt: If a trade goes very badly, you might end up owing more money than you started with.
Conclusion
Leverage trading can be exciting and profitable, but it’s also risky. It’s important to understand both the potential benefits and the dangers before getting started. Always trade responsibly and consider the risks involved.Eager to make the most of his newfound trading time, Ben invested $5,000 using 10x leverage. This meant he was controlling a $50,000 position with only $5,000 of his own money. While this offered the potential for significant gains, it also amplified his risk. Within just two days, the market moved against him, and he lost all his borrowed funds and his own initial investment. By August 2020, Ben had lost all his $BTC and missed out on the bull run he had been anticipating.
Conclusion
Ben’s experience highlights the dangers of leverage trading. While leverage can amplify potential returns, it also increases the risk of significant losses. It’s crucial to fully understand the risks and mechanics of leverage trading before engaging in it. Always approach such strategies with caution, and consider whether you’re prepared for the potential downsides. #CryptoConcept
$BTC
The TRAGIC STORY of Ben Won, who lost $16 million in the Leverage Trading
He bought #Bitcoin when he was 22
He lost everything with Leverage trading
Ben Won, a 22-year-old who learned the hard way about the risks of leverage trading in crypto.
Ben first got into #Bitcoin in mid-2017 after a friend mentioned it. Without much understanding, he invested $100. During the bull run, his investment grew rapidly, and by January 2018, he had turned $1,000 into $2,000.
Despite the success, he didn’t fully grasp what Bitcoin was and didn’t sell when the price dropped.
Determined to learn more, Won spent months researching Bitcoin through Google, YouTube, and Twitter.
By 2019, he was deeply invested in BTC, putting 95% of his wealth into it.
By early 2020, he had accumulated about 3 bitcoins, a major achievement for him.When COVID-19 hit and Ben was laid off, he decided to explore trading. This is where he encountered leverage trading—a high-risk strategy that magnified both gains and losses.
What is Leverage Trading in Cryptocurrency?Leverage trading involves borrowing funds to increase the size of your trading position. It allows you to control a larger amount of crypto than you could with just your own money. For instance, with 10x leverage, you can control $10,000 worth of crypto by only putting up $1,000 of your own funds.
Here’s how it works:
1. Borrowing Money: You borrow money from a broker to increase the size of your trade.
2. Amplifying Trades: This borrowed money lets you control a larger position than your initial investment.
3. Potential for Bigger Profits: If the trade goes well, you can make more money than if you were trading with just your own funds.
4. Increased Risk: If the trade goes badly, you can lose more money than your initial investment.
Benefits of Leverage Trading
• Increased Buying Power: You can make bigger trades and potentially earn more profit.
• More Opportunities: You can take advantage of small price changes in the market.
Risks of Leverage Trading
• Higher Losses: Just as leverage can increase profits, it can also magnify losses.
• Margin Calls: If your trade loses too much, your broker may require you to add more funds to your account or close your position to limit their risk.
• Debt: If a trade goes very badly, you might end up owing more money than you started with.
Conclusion
Leverage trading can be exciting and profitable, but it’s also risky. It’s important to understand both the potential benefits and the dangers before getting started. Always trade responsibly and consider the risks involved.Eager to make the most of his newfound trading time, Ben invested $5,000 using 10x leverage. This meant he was controlling a $50,000 position with only $5,000 of his own money. While this offered the potential for significant gains, it also amplified his risk. Within just two days, the market moved against him, and he lost all his borrowed funds and his own initial investment. By August 2020, Ben had lost all his $BTC and missed out on the bull run he had been anticipating.
Conclusion
Ben’s experience highlights the dangers of leverage trading. While leverage can amplify potential returns, it also increases the risk of significant losses. It’s crucial to fully understand the risks and mechanics of leverage trading before engaging in it. Always approach such strategies with caution, and consider whether you’re prepared for the potential downsides. #CryptoConcept
$BTC
#MyFirstFeedPost Hello, I have been using binance account for 8 month now and I was only investing in spot. I didn’t use the app for 3 month and when I logged in to my account I saw that someone exchange all my coins and I have 3$ balance left out of 4000$. What should I do? #help #losteverything
Why do most traders struggle?
They often stick to a plan briefly, then emotions, fear of missing out (FOMO), or the allure of new opportunities lead them to change course.
Achieving success requires sticking to the plan consistently.
Repeatedly following the same routines day after day.
For reliable and cumulative outcomes, maintain steady actions and processes.
Consistency breeds Compound Growth.
$FIL $BTC $SOL
#LoseNLearn
#losteverything
#lost_it_all_on_binance
They often stick to a plan briefly, then emotions, fear of missing out (FOMO), or the allure of new opportunities lead them to change course.
Achieving success requires sticking to the plan consistently.
Repeatedly following the same routines day after day.
For reliable and cumulative outcomes, maintain steady actions and processes.
Consistency breeds Compound Growth.
$FIL $BTC $SOL
#LoseNLearn
#losteverything
#lost_it_all_on_binance
Bitcoin Survival
This is my Journey being long $BTC and other coin such AS $FTM , $FLOKI , etc,from 67 k, last month
almost lost more than $6000, i hope i can manage to survive, im doing hedging when almost liquidated when $btc cross 54 k
what do you think? Will i survive
#Like_no_other #losteverything #LoserAndGainer #LostFortunes #BinanceTurns7
almost lost more than $6000, i hope i can manage to survive, im doing hedging when almost liquidated when $btc cross 54 k
what do you think? Will i survive
#Like_no_other #losteverything #LoserAndGainer #LostFortunes #BinanceTurns7
Lost all my funds in futures🥹🥹🥹
Can anyone help me as little as you can guys to get some back.
I don’t know what to do, these was everything I had….
Be careful on Futures guys✌️❤️🥹
#Futures_Trading #losteverything
Can anyone help me as little as you can guys to get some back.
I don’t know what to do, these was everything I had….
Be careful on Futures guys✌️❤️🥹
#Futures_Trading #losteverything
Since then i left trading ....but I want to continue it...if anyone just drop some on my Address ...plz... #losteverything $BTC $ETH $SOL
As a newbie, I'm trying to learn the ropes and make informed decisions. I bought into SOURCE at $0.40, but now the price has dropped to $0.03. I've also noticed that the campaign for the project isn't working as expected
I'm trying to figure out if I should hold or sell. Do you have any tips or resources to help me evaluate whether this project might bounce back? Any insights would be greatly appreciated.
#Write2Earn! #BTC #losteverything
I'm trying to figure out if I should hold or sell. Do you have any tips or resources to help me evaluate whether this project might bounce back? Any insights would be greatly appreciated.
#Write2Earn! #BTC #losteverything
Hi.
This is what happens when you put a leverage that is too high, and put 75% of your funds into positions...
Now I have nothing, and I could use some help. I promise to never use more than 15x leverage, and use 5% of my funds. Or even migrate to SPOT and leave futures forever.
Binance ID is 719511687.
#losteverything #Liquidated
This is what happens when you put a leverage that is too high, and put 75% of your funds into positions...
Now I have nothing, and I could use some help. I promise to never use more than 15x leverage, and use 5% of my funds. Or even migrate to SPOT and leave futures forever.
Binance ID is 719511687.
#losteverything #Liquidated
I lost All my Amount in $BANANA Future Trading. Please somebody Help me Out #BANANA #FutureOfTrading #losteverything