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5488062 No.5488062 [Reply] [Original]

Started with $500 a few months ago. Learned from some wise stronghands. Shifted coins and gained roughly 6k within a couple months. Lost 2500 in a single day in alts, but did not panic sell. Recovered 2500 within 2 days and went beyond 8k. Your biggest loss/recover from simple hodling and not panic selling?

>> No.5488160

>he hasn't figured out a successful trading strat
>Hodl memerz would rather wait in the red for months than trade back in a fraction of the time
Time is money friend. Sometimes you just have to admit you made a mistake timing your entry and take the loss.

>> No.5488204
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5488204

>>5488160
>day-trading

>> No.5488265

>>5488160
Yes, time is money, but if you are confident that a coin is worth say $10, and it's currently at $5, but drops down to $3.50, would you really sell it and risk having it run go up in your sleep and run away from you? Time is money, but so is timing.

>> No.5488459

>>5488265
Yes I would, missed profits are not losses. Would much rather have it pump while I sleep than dump and then be forced to miss other opportunities while bag holding

>> No.5488534

Went from 7.5k to 18k in August then it dumped down to 10k and bled all the way to 8k in November.

I considered selling when it got close to my cost basis, but it soon started spiking (Iota, ADA, and now ICX) and my portfolio is at $60k and growing

My recommendation is to delete Blockfolio/Delta and ignore crypto if you face a serious dump. Otherwise youll try to trade your way out of it and fuck up worse