My Futures Trading and Trump Memecoin

in Ecency4 days ago

I tried futures trading after a long time and got rekt. Lost $100 in a blink of an eye. I think i need to stay away from futures trading as its highly risky.

On the other hand everyone is talking about the trump memecoin. People made millions of dollars by aping early.

While Some people are still cursing hat why they did not buy tump memecoin.

Trump memecoin is listed on binance and it is doubled after the listing. Right now one coin is trading at $73. The memecoin is still pumping.

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Oh.

I bought that $REALTRUMP yesterday when it was at 25.00 USDT and sold it when it reached 72.00.

Tha thing is, as I didn't want to risk a lot of money and it being my first time buying a Memecoin, I did it with only 5 USDT 😂😂😅. I turned it into ~15 y hours.

What would have happened If I had invested everything! Hahaa.

But still, It is risky, that's why today a friend of mine, @akudav, adviced me not to dive into futures with memecoins, he talks from experience, like you.

Thanks for sharing!

I bought trump at 75 at now it's at 45 and something..... 😢

Learning with experiences.

Thank you for posting in the Ecency community

Sending you Ecency points ♥️

Futures trading is about patience, timing and most importantly the leverage that is used (and always use isolated margin)

!BBH