I almost screwed myself up while trying to cross trade

in hive-119463 •  3 years ago 

Hello everyone , How are you all ?
I hope everyone is fine and doing great in their life.

I started trading in year 2017 and i have really learnt a lot of stuff in the last 4 years , i did mistakes , i made losses , and , profits but all that gained me experience and i improved myself up specially with each mistakes I committed related to trading.

Today I was trying to cross trade a token to make some profit and in that process i almost screwed myself up. What actually happened was when I withdraw my tokens from the first wallet to intermediate wallet my funds didn’t reflected their for almost one hour.

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Source

Thankfully i had the same tokens on the other exchange and i sold them and saved myself from any kind of loss. After one hour I transferred my funds from the intermediate wallet to second exchange.

I put $74 and made $94 so that was a profit of $20 approx. I kept the profit and again tried sending $74 to the first exchange and guess what they didn’t reflected for one complete hour again. I did not had a huge loss so i am happy.

I often try to cross trade currencies that are not famous and are available only on few exchanges but sometimes your assets gets stuck for almost a day and you can end up facing loss.

So it is all on you , few of my friends have reached out to me and asked me to cross trade for them but i try to stay away as it is not my money and i can only swallow loss if it is my money.

Anyways , that was a small trading activity i thought of sharing with all of you. Have anyone among the readers has a bad experience while trying to cross trade ? If yes then do share with me in comments below.

Thank You

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