A statistical result that shows how incompetent trader you are with no proper risk management on each and every trade you make. Binance really knows how to make bad statistics to be special
Cheers! (Just kidding) More like a way to encourage people that they are good traders even though they have some big losses. Damn binance! White lies but seems good to appreciate what they are doing.
It's either I don't have time to research on it or I just take recommendations on one project but I don't think I will ever be successful in this kind of approach. I don't really know, Lol
Its quite risky mate. Can considered that as
degen tradeShorthand for Degenerate. Degen trading or Degen mode is when a trader does trading without due diligence and research, aping into signals and FOMO into pumps. A Degen Trader does not know about metrics like FDV or TVL nor do they care. They will buy because the asset logo looks cute, or because the slogan is memeable, or because some twit-famous anime girl on the internet says she's looking into crypto and the first two shill comments gets more likes than others. Essentially, a degen trader buys into an asset not because they see value, rather they do so with the belief that others will join in after them and speculate on the price swings.
Really hard compared to binance TA.