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Best Trade of 2021 || 37 seconds of Trade

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@rehan12
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The year 2021, is still alive! Lots of surprises are piling up! Today was one of them. HIVE struck $1 mark. That is crazy! But I suppose crazy is goooood!

There have been a lot of changes in many of our activities, since the bull run started. Honestly, I never expected this much changes happening to me. But I do believe whatever happens, there is always a reason behind it. I have gotten into trading in a deep way. Which is I have invested a substantial amount of my portfolio in here. Which is a risky move but come on, if you can not make money in this bull run, when are you going to make then? A calculated risk but worth it! Now lets come to the point, I suppose a lot of us are doing trades everyday/occasionally. There comes a certain moment where you feel like this is probably the best trade whih you made so far. If there is one, do share it with us ;) Let me share few of mine with you all.



Few rules which I try to stick with, while trading:

  • Do a proper research before getting in a coin
  • Stop loss, in case it goes sideways
  • Make a profit margin
  • Do not be greedy
  • Select coins for short, mid and long term

Before the bull run started, I joined the market in terms of observing it for over a week. Selected some coins to invest upon and observed them for another week. Upon some dummy trading and making some fake moneeeee ;) I started to drive in and give time according to the way which I felt safe at that particular moment. I had to do a lot of tasks in order to make that happen. The very first task was Keep myself updated. In order to do that I had to observe the market as closely as possible. I had to follow Youtubers who were constantly updating their viewers about the current scenario. Upon doing so, I was able to get in an early treat. This was the first coin which I was able to participate during the launch period. This turned out to be one my best.


ALICE (My Neighbor Alice)


Binance does knows how to make promotion. They have made such an impact in the market, where the HYPE is created with just a tweet. I started to follow binance in twitter and got the news of ALICE, coming to the market in Binance. I did some background research about Alice and guess what, it does looks like a promising project which has some nice features along with it. Although they are at a very early stage and yet to make their presence known in the market. Moreover they built their platform in such ways where even noobs would be able to play games and trade NFT's within the game. Sounds promising and boom got ready with my money. Here is the address of Alice aka My Neighbor Alice https://www.myneighboralice.com/ .


Trade of 37 seconds....


This is where all the things went out. I remember the anxiety which I was getting while the countdown was taking place. It almost felt like the way we used to go for a race in our school days. As soon as the whistle blows up you are good to go. I took the first sell order and purchased it with $10.75 each coin. I successfully purchased 46.51 Alice with a net amount of $500. I was not really expecting anything as this was my first trade of a token launch. I was told to get out of such trades as soon as possible. As this sort of launch does not stays in uptrend for a long time. Which is why I immediately sold my bag of Alice with $28 per token. Which initially brought me a profit of $800 within 37 seconds of trading. I know it sounds quite ridiculous ;) But yeah the SS speaks for myself.


Honestly, I was expecting a little over 10% profit. As this sort of situations does not end in a good way. So do not get away with the tide and loose your hard earned money in vain. Which is why I always try to focus on saying one particular thing in my posts, which is "Always DYOR"! As upon doing that you will get to educate yourself in several different ways.


For example, I know of a friend who got into Alice in the very first hour and got himself locked at around $30, with a lump sum amount of money. He had no idea how he purchased that amount and that even with that much price. Now he is stuck with that amount. As Alice is currently trading at $17 an if he wants to get out, he will either have to be at loss or just forget about that particular investment. I learned from him a lot and I definitely will not repeat that mistake with myself. I was about to make that mistake btw but controlled myself the very next week. As Binance launched another coin and it did not do so well like Alice did.


But if I am being honest, there are many more trades which I did and earned much more return than this one. But this one is special to me as because this 37 seconds felt like just a few seconds to me. I mean, it went in an instant. At the end it was all worth it.



I am quite curious about others trading and infact I try to poke others to get to know what strategy they follow and how do they execute their trades in crypto market. Do you have any special rule, which you tend to follow while trading? Do let me know in the comment section below.


Images used from: Binance

Best regards
Rehan

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