Today we are talking about Bitcoin, Ethereum, and crypto in general
Latest trading update: https://www.youtube.com/watch?v=E2WCiudxhAg
My Strategy for this bullrun: https://www.youtube.com/watch?v=0EHHkxu8pTg
Third Tutorial: https://www.youtube.com/watch?v=EbJd7hQrsOg&t=942s
Second Tutorial: https://www.youtube.com/watch?v=TsVKUeUB8fo
First Tutorial: https://www.youtube.com/watch?v=UwA1c1pMgMM&t=1s
Trading Journal:
https://bit.ly/3NcICHE
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MY OKX BOT SETTINGS (ONE CLICK SETUP):
HEDGE BOTS (SHORT)
BTC: https://bit.ly/3Hhn1dc
ETH: https://bit.ly/3ncAiwT
BOT 3 (Fast)
BTC: https://bit.ly/3OAid5C
ETH: https://bit.ly/3OGVViK
BOT 2 (Slow):
BTC: https://bit.ly/3E8xYM4
ETH: https://bit.ly/3E5on8S
BOT1 (Cycle):
BTC: https://bit.ly/3OLrM1s
ETH: https://bit.ly/3YOREyf
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Trading Journal:
https://bit.ly/3NcICHE
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~~~~~
Timestamps:
00:00 – I got REKT (Important)
00:48 – WTF happened to Bitcoin?
03:49 – My biggest mistake ever
10:08 – This is what’s next
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DISCLAIMER: Trading Bitcoin is VERY risky, and 80% of traders don’t make money. Make sure that you understand these risks if you are a beginner. I only recommend crypto trading to already experienced traders!
**Disclaimer**
Please be advised that I own a diverse portfolio of cryptocurrency as I wish to remain transparent and impartial to the cryptocurrency community at all times, and therefore, the content of my media are intended FOR GENERAL INFORMATION PURPOSES not financial advice. The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Purchasing cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. Past performance does not indicate future results.
This information is what was found publicly on the internet. This is all my own opinion. All information is meant for public awareness and is public domain. Please take this information and do your own research.
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36 Comments
The devil is in the execution of the strategy… Let's go.
Thank you 😀
Hey Cris, we all got REKT together. TBH, I question the strategy. My understanding is this drop is actually not that unusual, i.e. to be expected. Additionally, the market is rhyming with past cycles. If it continues on like in the past, then we will continue sideways with the occasional violent pump and dump until as long as Q3 2024 when the real bull market starts. We’re still in the treacherous pre-halving transition market, not the real bull market. And, in this market, we can expect leveraged bots to get filled up with positions for extended periods of time while we get taxed with exorbitant funding fees. And, if we get liquidated during a massive dump, then any previous gains were for nothing. Leverage is a dangerous game. Maybe we should be going for Spot Bots, so we can sleep well at night. After all, it was the tortoise, who won the race, not the rabbit. Hard lesson learned, but appreciate the transparency. Keep up the good work! 👍🏼
What a bad luck! I am sure you will be alright.
Trading on margin is like playing Russian roulette…eventually you will take a bullet. Don't do it!
you are a part of 1$ billion liquidated
Liquidation is the Boogeyman in Trading
Appreciate the honesty and authenticity! Who doesn't make human mistakes here. For sure.
The price of education is expensive these days 🙁
so sorry to hear about your loss Chris,I wish you all the best with getting back on top
I appreciate the honesty, in 2021 I was following your strategy and got rekt by elon. I didn’t have enough margin left because old limit orders from the past filled on the way down lol lesson learned
i stop trading because of you haha
I really respect you admitting your trading fault. Like genuinely really respect that. I was able to catch the short since 30010 with a different strategy and was hesitant of any upwards movement when you look on the daily and can see a wedge forming.
Leverage dangerous
Chris, I really appreciate your transparency. In the comments I read that some people talk about ‘bad luck’. This has nothing to do with bad luck. Maybe it’s time for you to make people aware that on every exchange ‘liquidation bots’ are active who are 24/7 searching for trades that are about to get a margin call. I am sure you are aware of that. Therefore, it is indeed very important to always have enough margin and be modest in leverage.
I am so grateful for your honesty, respect!
That is why I am not using leverage. I am -8% right now, shorting to get back to where I was. Never do leverage, the risk is not worth. Accept less gain. Sleep better.
Yeah I am deep in red also, but please keep it real, even if you would have had more margin, your entry would still be at around 28-28500 so no way that they would be at a similar level as the ETH bot which had more bounce in the price as btc, just saying. But otherwise keep up the good work
Respect for admitting the loss
Continuously adding more margin is not always the right thing to do, sometimes you just have close a smaller trade that turned against you
Keepin it real,
I'm soo very sorry Chris. You're handling it like a man – not a winier – much respect. On ward!*
Hope you are okay and the trades are in your risk tolerance. That’s the bad thing about bots man.
I’m a options trader, but feel your pain, futures trading needs to be more smooth and in time we will get a crypto market less volatile. Liquidity is always a problem in this part of the cycle. Stay strong 💪🙏
I don't normally comment on your Videos Chris, I'm mostly a silent watcher but after seeing this video I just wanted to say that I really appreciate that you're keeping it real. Stay strong, move forward. It's all about the mindset. 🙏🏻💪🏻
good job doofus. Jk. at least you can trade, It's illegal in the us
Man you are so awesome, genuine and honest! Keep it going Chris!
I'm so sorry you lost all that money, as I've been in your shoes. But I'm glad, in a way, that I'm not the only one that's human and does daft things now and again – usually when tired.
Chris has just lost all his reputation.
Sux when whales screw the market but you're the only Tuber who puts your money where your mouth is and you have my utmost respect wherever the market may go. Keep up the fantastic work and strategies! We trade together… we rekt together… BBFL! XD
Aprichiate that you show both the good trades and the mistakes!
Helps me a lot!
I really appreciate you sharing your losses too! Does so much for your integrity.
all the best going forward !!!
Thnx for being brave enough to say the reality
Dare to prepare! Bitcoin and Litecoin reward halving supply shock effect coming down the track……⏳⏱
Last ‘round of halvings’ signaled the beginnings of the 2019 – 2021 price surge!
Top 2 used coins for payments …👗👙…🛒
Me too
Respect