Saw the recent BTC upswing
Wanted to get back in the game. This time with bigger numbers to see larger gains short term. >Some nigger sells 20k BTC and crashes the market 3 days later.
Panic sell halfway through the downturn
What do anons? I can afford to lose it all but would be pretty pissed off and probably never crypto again. Looking to get back 10% loss so I can have a clear mind set in this again. Pretty jaded at the moment.
What do anons? I can afford to lose it all but would be pretty pissed off and...
Saw the recent BTC upswing
I can afford to lose it all
Then don't play. If you must play, buy SV and just hold.
You're fucking pathetic. Never touch crypto again.
not gonna make it with them weak hands
I know, but in my defense tt was the shittiest timing ever
Was I supposed to just watch it tank? I was thinking pull out, then put back in at the bottom
You have much too short term of an outlook to make it unless you become better than 95% of traders. Basically you are a faggot who needs to learn delayed gratification. Think long term otherwise you are fish food.
Thanks user. You're right. Maybe I'll step back and if there is a massive drop I'll slide back in with a bit less and then and just chill for a bit
It will hit 7000 a few times and pump yet again.
Technically if I buy back in now I have more BTC just less USD value. I don't think it's a horrible move but apparently I'm retarded. Thoughts?
user if you really can afford to lose that money buy bitcoin and wait until 2021. Learn the cycle.
With these pumps you're bound to make good money. Depends on when you want to take it out. You can't watch the daily charts constantly. There is absolutely no reason for it to drop now, only go up for a bit. Of course, anything could happen so at your own risk and all. Depends in what you're doing with your money? Nothing? Then you're retarded for not investing.
Ok. Yeah nothing. Was just sitting in a checking account so figured I'd get off my ass and try to make something happen with it.
I've been successful before with small amounts, but this really burned my ass, jumping in big and getting rekt three days later.
I still think withdrawing right as a massive crash was happening was a good move
You got in after a pump. It has to go up in a healthy manner. You probably got lucky to get in this cheap even if it goes down a little. It looks a lot scarier than it really is.
Definitely got in after a pump. I had minimal skin in the game, but was still watching the numbers.
Once it started to run away I figured dump a bunch in before it moons, worst case scenario I lose 20%+ and decide to back out.
Somewhat happy with my move. Like I said, I'm back in with the same or more satoshis, just down on the USD.
Thanks for inspiring confidence user. No one else I know knows any of this shit hah
There is absolutely no reason for it to drop now, only go up for a bit.
Indicators say otherwise.
Bruh are you me? I did the exact same thing. Sitting on the sidelines scratching my dick and feeling shitty.
If BTC is really going to 50k, and ETH is going to 3k, and alt's will pop, etc, etc, our anguish won't matter.
I bought back in at lower prices, but with less $, and trying to stop being an emotional bitch, this market is full of fuckery
No not you. Not sure if that's possible.
i waited until it jumped up 3000 dollars to buy back in
We got a big brain here.
literally anything but that. Did you invest your whole nut at once? This is a lesson in how to enter a volatile market-- if you have 10k to throw at crypto you just fucking buy 1k no matter what the price is. Then you wait a week or two, or until there's a major price movement in either direction. if it goes up, you buy a little bit less, like 500 or 750. If it goes down, you buy a bit more, like 1500 or 2000.
This doesn't sound like someone "getting back in the game" desu.
I know, what got me was past trends show it goes up exponentially
Got drunk and yolo'd the lot
No they don't.
We gon be fine. Just don't sell in a massive panic-driven dumps...that dip was fishing for stoplosses from emotional fags like us.
I think the DCA strategy is best for me now. If this shit is really going to the moon, a 10% short term loss / lesson in fomo doesn't matter and there's still plenty of opportunities ahead. If the market takes another dump, i'll buy some more and sleep better. GL
Thanks dawg ;)
Never sell when it's dropping, never buy when it's rising.
The best advice for crypto, in my opinion:
Be greedy when others are fearful, be fearful when others are greedy.
Good advice, but if you catch wind of a massive drop and sell asap then buy at the bottom...
Seems good not?
How do you know a drop is gonna be massive until after the fact?
And by the time you know the drop is massive, it's too late to sell.
The drops often reverse very quickly. There's a decent chance you'll be selling at the absolute bottom, which is the worst decision you can make. Unless there's a good reason it's dropping, it's probably going to bounce back.
You don't know where the bottom is, but you do know that people are just panic selling and the price is probably going to bottom out lower than the price will be in another day or two.
If you don't intend to hold long term then you should be selling while it's rising, not when it's falling.
What are some indicators that suggest a drop? I was lucky to buy low, sell high a few times. It was fucking sweet but mostly luck
You see some nigger just sold 20k BTC? That's going to drop the price immediately by nature. Why not sell immediately and rebuy at the bottom?
If a whale sells a huge amount after a bump?
That red candle immediately bounced by around $800, so you'd have effectively sold the bottom.
Not sure what you mean by that but feel free to elaborate
If you're talking those shitting hindsight bar graphs, I sold at top 20% of red candle and bought back in at near bottom.
Line graphs are much more accurate you simplistic cunt
I sold at top 20% of red candle and bought back in at near bottom.
That's not what you said here Panic sell halfway through the downturn
People are trying to teach you to trade, like but you seem intent on not listening. You're even aggressive about it, callinng people cunts.
How about you listen?
If you "panic bought" instead of panic sold the huge red candle, you'd be in profit right now.
already gave you the best advice for making money, but if you insist on not listening and calling people cunts, then feel free to lose all your money trading your way.
First of all, you're correct and thank you for pointing that out.
Tried to sell at top 20% but the exchange I'm using crashed during the panic and ended up selling at halfway down.
I am listening, that's why I'm still here discussing. I really do appreciate the advice.
Thanks again anons.Calling it a night. I promise I listened!
Forget about the short run, we might not see $8k again for many months, we might see it again next week, no one knows (except chinance)
Get in this shit for the long run, in the next few years we could hit $50-100k, or at least back to ATHs
Don't diddle around here getting 10% losses here and there when the price has the potential to 10X from here if you just hold
I recommend waiting until August to buy in proper, but DCA until then
You're right, I ended up going in half stack now, and then gonna try to be smart about the other half - putting in on dips and dives as desus taught me.
counter point : We could very well see $1-2,000 BTC. do not listen to anyone who says otherwise, or those who say "XXXX won't let it go that low"
it can. it has. it may again.
Counter counter point:
If it goes that low you can just unironically take out a credit card or personal loan to buy BITCOIN for a few hundred dollars above it's 2013 ATH
What the fuck happened? A couple of days ago BTC was at 8.4k and not barely hanging at 7k
Buy with no leverage. Move coins to a cold wallet. Don't look at the price for 6 months. Come back in November and admire your gains