/biz/ - Business & Finance

I caught wind that Monaco would moon, got in at 1060 sats and it began to shoot up. Had a sell order at 1268 sats. It reached 1265 sats by 8am, I was about to make $350. Then the 8am news came out and it was underwhelming, it wasn't being listed on bithumb... and it fucking tanked. Pic related. Lost about $400.

I know its not all that much, but I had started with $50 and been daytrading my way up to $400, I was about to make the same in those couple of morning hours as I'd made in my entire crypto daytrading so far, so it was my single biggest gain ever, and I lost it by a couple of sats not meeting my sell order.

Taught me two things; this market can crash in literal seconds, you don't even have a minute to get your sell order in... and always sell the news.

>>5287618

Don't think I haven't see crashes in my time, anon.

>ITT people who don't know what sell the news means

Nobody else around that witnessed the Monaco dump?

I wasn't just watching, I was holding. Now that's what I call getting dumped on.

>>5201702

It's precisely to suppress the price and shake off weak hands.

I was on Monaco when this happened. You don't know the true power of whales.

>>5115440

>Monaco

Yes, what a safe coin to hold.

I was there.