/biz/ - Business & Finance

My uncle is a CEO of a multi-billion dollar corporation and has political insider connections. He said the giga crash happens after the election, likely Q1 of 2025 but possibly as late as Q3 2025. Just letting you know because you guys are pretty cool.

I was here since 15k btc and chose to swing trade, short, and tried to time the local bottoms & tops, etc. I had buy limit orders, and whenever the price came near my buy limit order, I would readjust to a lower buy limit order, trying to get in at an even lower price. I had a legit addiction to continually try to time the market and get in at the lowest possible price. My buy limit would be set to 26k, then I would readjust to 24k when it came close, and so on. I also was obsessed with getting in with 2x leverage which made me paranoid to buy in at 30k, 25k, etc. "What if we retest the lows and I get liquidated?" So, my extreme risk-aversion kept setting in even though 25k would have been a fine price to buy-in on spot.

I've made practically nothing since 2022 and feel like such a fucking idiot. I legit thought I could outtrade the market and could have had about 300k+ if I had just hodl'd from the lows on spot. This was my first bear cycle (I entered the game late 2020), but God, I feel like a fucking retard for the way I handled the bear market. Just pure emotional reactions.