Money management is everything.
Even small accounts can trade safe if you can control your losses.
It’s not about winning, it’s about controlling the losses. If you risk low you can win big in crypto just give it a time. You have to define what your risk is. This is called R. Make sure you find a trade where you can risk -1 R to win at least 1.64R. People usually don’t get math and they get greedy, risking 30% or more of their balance. That is the number 1 reason why people have losses in trading. Bc they thing too much about strategies, indicators and good entries. Why not start risking 2% of your capital? What’s your win% rate? How many R’s does your strategy make in a month?
If you can’t analyse your strategy how do you expect to profit?
Besides, have you considered what are you going to do if there is a credit freeze coming?
What if you can buy a crypto coin and stake it to earn interests like bonds or dividends like a stock, but way better. Wise is the first coin with proof of value because Wise is backed up by ETH. Do you remember when the USD was backed up by Gold? It’s the same principle. I’m telling you because Wise is a new crypto coin to be launched soon on Nov 11th and it is at the pre sale now. You can buy the coin, stake it (only dec 31st 00:00 GMT ) and earn daily $ where you can withdraw from your metamask account everyday without penalty as long as you have your principal staked to wise.
It’s a very nice idea. And you get to trade this coin from inside of your ledger. Even stake it from inside of your ledger. And if you get one of those crypto cards like Blockcard and find a crypto coin to give you $ daily you can withdraw you get to transfer from your Metamask to your debit visa crypto card and pay your bills. So it doesn’t matter if there is a credit freeze or not bc you have became you own . Protect your assets, protect your family.
Enjoy buying ETH at a lower price like now so you can buy more wise later and stake it.
The moment you stake wise at dec 31st it you get wise shares. If you decide to stake it for 1 year or 5 years, please honor your word so you can gain interests everyday because Wise will grow from and from the penalties people pay because they want to close the stake too early before due time.
Zero money goes to the wise team. 90% of the money from the Wise pre sale goes to the liquidity provider. 10% they will use to pay the programmers and get you a 70% refund gas fees from the ethereum network.
Here is what you need to get wise:
1. You have to download metamask (it’s available on app store or google play store)
2. You have to go to the wise website (described on my signature) and connect to your metamask.
3. You have to get ETH somewhere in a crypto exchange like Binance, crypto.com etc
4. You have to make a Wise token reservation from the wise website choosing the day you want to make reservation. Minimum is 0.05 Eth.
5. Even if you don’t have money you can create your referral link and find people who want to invest in Wise.
6. If you go to the website above you can click on referrals and see your referrals updated automatically.
7. You will receive 10% commissions paid to you according to the total amount of money you refer to the WISE contract using your link (EX refer 100 ETH and get 10 ETH worth paid to you). This is for serious referrers only, so there is a 50 ETH minimum combined referrals in order to qualify. don’t have the clout? Refer at least 1 ETH total and you will receive a friends and family bonus of 0.05 ETH.
8. I’m reserving more than 30 ETH in Wise so feel free to use my referral link to invest in WISE bc you gets an extra 10% bonus ETH, and 10% extra shares when staking. How cool is that?