Goodbye Perpetuals. 👋🏻

I’m fully liquidated and won’t be coming back to futures trading anytime soon.

It was good while it lasted.

Good thing is i’m still profittable on my Spot holdings which I bought back in 2017.

Trading perps was just a addiction which made me lose a fraction of it.

In this highly manipulated market I’d give you only one peice of advise and that’s “ Don’t use leveraged position.”

If you’re using it, please keep sufficient margin so even if your trade go against you, there will be a room to breath. Don’t go above 8x Leverage.

I’ll continue to post on @Binance Square Official so make sure to follow.

(imp: don’t rush to short a token that just pumped) it will go higher to liquidate shorts plus funding fee will eat your margin.

Example: $RIVER $HANA $AXS

#Futures #Liquidations #goodbye #lost #Leverage

AXSUSDT

Löpande

1.311

+1.78%

HANAUSDT

Löpande

0.03605

-2.56%

RIVERUSDT

Löpande

8.444

+4.77%