Officially screwed myself for life thinking I could outsmart the market.
Moved all my BTC into VeChain right after the new year. Held till middle of July. Thought BTC was going to dump and with x node monitoring paused I sold all 61,500 VeChain (now 6,150,000 VeChain) for 21 BTC. Moved them all to Bitmex and shorted BTC and of course as you can see BTC pumped and I lost all 21 BTC.
Basically lost my life savings in about a week. Instead of holding and having about $165,000 now or selling and buying the dip and having closer to $200,000 now I have $0 and my bank account has enough money for about 1 year without a job.
At the peak a few months ago my VeChain was worth around $500,000 and to me that is about 20-25 years worth of money. But I held.
Anyways. My dream of living off VTHO is no more. My dream of selling a little VeChain here and there and working a part time job in a great location and doing what I love in no more. Now my life is working till I die. Single, in my 30's, no debt, no house, everything I need, decent job that leaves me a little left over. I suppose I could buy a few VeChain with the money I have left over. Then hold and hope for $1 some day. Then I'll be back to being rich.
Held for so long but when VeChain was hitting under $2 and BTC looked like it was going below $6000 is when I took drastic measures and shorted the bottom and lost it all like a noob.
Jesus anons stop gambling by shorting or longing. Here's your life lesson
Daniel Stewart
Why would you short with your entire stack? Bad idea
Ian Johnson
Lol why did you short with 165k?
Kayden Ortiz
I don't understand why you'd gamble the 21 btc. It was obvious the dip was to shake confidence in non believers. You're going to cry when BTC hits 10k EOW.
You are better of going all in on red or black in the casino user.
Ethan Kelly
Larp. Nobody could be stupid enough to use high leverage when trying to hedge.
Jaxon Wood
>Greedy retard got burned Thanks for the money
Easton Kelly
This is a copy/paste from plebbit and is unironically real.
Michael Hernandez
LET THIS MAN BE A LESSON TO ALL YE WHO SELL OR DAY TRADE. HODL IS NOT A MEME, IT'S YOUR FUCKING PROTECTION FROM YOUR OWN RETARDATION.
Ian Miller
Thats what you get for shorting the king!
Joshua Richardson
>bitcoin has already fallen 75% from ATH >now is a good time to start shorting bitcoin
OP got what he deserved
Bentley Butler
>VeChain literally what?
Charles Sanders
Wisely put, ty. By the powers of hodl, you get to stay in a risky business yet at least choose when you exit. Given enough time, it will likely work out positively for most. Being in crypto is enough gamble. Realize that if you take a shot for a 1000% upside in a few days, there is going to be a real risk that you actually loose it all.
In crypto, someone is going to loose. Ironhands are, given enough time, going to make it. And these people who short shitcoins are the ones paying the hodlers. Thanks.
Sebastian Robinson
You can make more money day trading than any other form of investment.
BTW this is a copypasta faggots
Easton Torres
Haha you fucken greedy faggot. Glad you got rekt so bad you can't get back in anywhere near the level you were. Your life is going to be so full of regret. Haha haha haha so you want to be a bear?
Nolan Fisher
>Shorting bitcoin after $12000 drop >Using your entire stack on a trade
I wanna feel bad for you user, but you brought this upon yourself by being retarded. Might aswell move back in with you're parents or just off yourself now.