Hello everyone how are you all? Its me @Intishar once again come to you for sharing my experiences. You may thinking why i am not posting anything for a long time. The answer is my lazyness
Let's come to the point of today's topic.
What i thought about trading in first times?
When i heard the word trading for first times i tried to know about it . I just understand that it is one kind of share market and i always thought negative about it. I thought trading is a system where many people come and lost their own money. Only few people can make money from trading and its ones kind of gambling.So i was stay aside from trading.
Why i created Binance account first?
As i said, i thought trading is one kind of gambling for me and i was stay aside from this. I created Binance account in that time , although i was not interested in trading. So there might be a question why? So i am giving the answer. Actually in that time one of my Facebook friend said me to register in binance to receive 3$ bonus as an airdrop. That's the reason why i created that account.
What happened with that 3$?
I received that 3 $ airdrop rop bonus. I was happy to receive bonus but unfortunately i was unable to withdraw it from binance exchanger. I lost hope to withdraw it. So that fund stucked but i was allowed to do future trade there. I had zero knowledge about trading. I watched some videos about how to open long and short position in market. So i started trading with almost zero knowledge. That time the leverage was cross20 which was the default settings. After trading some days i converted my asset almost 8 dollar.But in a single trade all of my asset get liquidated and i lost all my asset.
Which exchange was next and why?
CCFOX is the next exchanger where i created account . I also joined there because of airdrop. I received 10$ there which was given for trading not for withdraw and minimum withdraw was 50 $. I also lost all money in future trade by liquidation.
What i learned by liquidating two times?
I just learned that future trade is not for everyone. It's only for them who are expert in trading. So beginners should not try to do any kind of future or leverage trade. Spot trading is the best for them.
Why i get interested in trading?
In that time i used to payout my earnings from writing via LTC (Litecoin). I can clearly remember that time the price of LTC (Litecoin) was around 60$. I noticed that when LTC (Litecoin) price increase the dollar of mine also increase and when LTC (Litecoin) price decrease my dollar also decrease in coinbase. So i get the basic idea of trading from there and that is. I have to but it in cheper price and i have to sell it in higher price. So i transferred 15$ of my LTC (Litecoin) in my binance account. After that i started following some people in youtube and telegram for learning technical analysis. Still i think i have many things to learn.
Did i made profit from trading or lost everything?
Yes . I mage huge profit in there. I came here trading with 15 $ but i converted it more than 300$ within 4 month by doing spot trading. That was a huge achievement for me.
What i did after making huge profit ?
In that time my Smartphone was not working well . So i decided to use my trading money for new Smartphone. I used 200$ to buy my new smartphone and leave rest of Balance for trading. Remind that earning from trading is also our money feel free to use some of it when you need money.
Thank you all for reading my article with patience.Hopw i will publish my new article soon.
