You can now Long or Short Hive on Futures. My Trade gone wrong 馃槀
Hey guys. Due to the excitement and everything that we are having in the crypto space recently I found out that you can actually trade hive on futures. All you need to do is get an MEXC exchange account, fund it, then you're good. The excitement made me I enter an "unplanned" trade this afternoon. I saw hive retracing back to $2 and longed with a good margin 馃檨 but unfortunately we are in a kind of down trend, a total bitch move from me 馃槀 and it's not going as planned, but I'm really excited that we can have it on futures, just like Bitcoin, Ethereum, Cardano and other high market capped cryptocurrencies in the space. It is a very big boost for the community and I think this is a step towards the recognition $HIVE truly deserves.
I just want to show some of the steps I made and the mistakes in this trade but I really don't care to lose a good chunk of money. I'm just thrilled by the opportunity to short and long hive in or a bull market馃檧 (if you know what I mean 馃槀).
Honestly, I should have waited for support at $1.95-$2.05 here馃槵 but I got in anyway due to the excitement馃槀 also due to believing we might get a lower high. But I was wrong馃槱.
I didn't set stop loses just until now that I checked the charts again
Stop loss at 2.174 definitely gonna hit lol.
PS: Only trade what you can afford to lose. I'm not a financial advisor and not responsible for any of your loss. If you need a financial advisor, you know where to get one 馃敒.
I hope we get more news that bring people to notice the community. It's been a while since I posted and I'm really happy to be back. I'll catch you on the next one. Thank you.