I learned a very valuable lesson from another Binance user. When I first saw his post, he made a profit of up to 6000 percent from a total capital of only 50 USD. And his post proved to be true, as he opened his portfolio and the numbers matched, the PNL column showed 6000 percent. (Photo on the left)
Today, I checked his account again and saw his Open Portfolio (photo on the right). It turns out that the profit of 6000 percent has vanished, now only around 40 percent remains. This indicates a significant loss from that account, or even liquidation.
This means he did not limit his losses or set a Stop Loss, and he held onto his losing position until liquidation.
This highlights the importance of money management and managing emotions while trading.
PART #SOLANA Are you curious about the price of SOLANA throughout 2025 according to AI? I will summarize it, this AI answered, after I modified it lightly. I will make the answer 2/3 of the post. because of the limited words that can be included in the post. for those who want other Alt predictions, you can write in the comments, ### **Solana Monthly Analysis 2025** * (Note: Values โโโโin numeric format are adjusted according to the data pattern provided, assuming USD units ร 1,000) * # # # # ** January 1, 2025 ** - ** Highest Price **: 294,816 (โ $ 294.8) - ** Key Factors **: Profit-taking action after the late 2024 rally, a 25% decrease in DEX volume . - **Prediction**: Price moves between $220โ$240 (220,000โ240,000), closes at $210 (210,000) due to institutional selling pressure. - **Conviction**: 70% (natural correction after rally). #### **2. February 2025** - **Lowest**: 177,534 (โ$177.5) - **Key Factors**: Decrease in active address activity (3.8 million vs 6.5 million in January), pressure from Bitcoin bears. - **Prediction**: Moderate recovery to $200 (200,000) if the broader market rebounds, but fails to break $215 (215,000) resistance. - **Conviction**: 65% (mixed sentiment). #### **3. March 2025** - **Catalyst**: Firedancer network upgrade to increase TPS, *rounding bottom* technical pattern. - **Prediction**: Rally to $330โ$350 (330,000โ350,000) with increasing buy volume. - **Calculation**: 15% increase from February, 75% conviction (technical upgrade support). #### **4. April 2025** - **Catalyst**: Increased adoption of DeFi and NFTs, Solana DEX volume reaches $41.6 billion. - **Prediction**: Consolidation at $380โ$400 (380,000โ400,000) with strong resistance at $400 (400,000). - **Conviction**: 70% (positive momentum but profit-taking). to be continued PART 2
Study TA, as long as you use your feeling to enter, hahaha
User-Naru
ยท
--
Bullish
After doing some future trading $BTC It seems that I am not talented in future, put short but it is bull put long but it is short! it's time to play spot