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59379916 No.59379916 [Reply] [Original]

Just lost everything leverage shorting bitcoin. 1.2m. December is usually a bad month, people want to realize losses before EoY.

Started out with 5k in 2021. Kept adding onto my short to avoid liquidation. I guess I have around 20k left in random Solana memecoins. How do I cope? Called in sick the last 3 days and have no motivation to do anything besides lay in bed wallowing in misery.

>> No.59379936
File: 149 KB, 1490x786, btcmonthly-638633761560851277.png [View same] [iqdb] [saucenao] [google]
59379936

Now you find some shitcoins (to hold spot you fucking dumbass) and pray they go up.

>december is down 6 out of the last 11 years, better bet my net worth on it!

>> No.59379937
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59379937

>>59379916
You had 1.2m...

>> No.59379940

>>59379916
start saving again for the bear market, and never ever short or use more than 5x leverage again

>> No.59379954

>>59379936
so I realize you should probably research this chart with cycles rather than month, but maybe per month holds some insight, why september and august the worst months?

>> No.59379955

>>59379916
I dont believe you. If it's so easy to make 1.2m where your strategy is BTC usually crashes in December then what the fuck am I doing.

>> No.59379961

>>59379936
Problem was that I couldn't take the liquidation. I was short since literally 48k. Position only for around 80k initially. Had to keep adding to avoid liquidation.

>> No.59379971

I also made the majority of my gains trading, I longed SOL from 48$ to 130$ for around a 400k win from 20k, and I spot held the rest. Live and die by the sword I guess.

Thinking about throwing my last money at a 25x ETH long.

>> No.59379976

another leverage larper. what a shocker

>> No.59380010
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59380010

>>59379976

>> No.59380018

>>59380010
You could always open a long

>> No.59380034
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59380034

>>59379916
>I guess I have around 20k left in random Solana memecoins. How do I cope? Called in sick the last 3 days and have no motivation to do anything besides lay in bed wallowing in misery.
The ticker is LINK

>> No.59380038

ARE YOU OK BOBO? BOBO ARE YOU OK?

>> No.59380058
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59380058

>>59379961
>went from an 80k position to 1.2m to try and avoid getting 80k liquidated

>> No.59380062
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59380062

>>59379916
All you can do is accept responsibility, learn from it, understand why and how you let it happen, and change that behavior to not make the same mistakes in the future.

>> No.59380067
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59380067

>has 1.2M
>decides to FUCKING LEVERAGE SHORT BTC WITH ALL instead of putting a bit on a boomer stock or index or w/e

You deserve to lose it all

>> No.59380074

>>59379916
why are you shorting around a halving?
the month astrology means nothing when the halving occurs at different times in the year

you can cope in that you lost money from crypto and not gruelling years of waging if that helps in any way

>> No.59380118

>>59380010
jesus. either way what are you thinking? using leverage in crypto is like thinking you can beat the house in the casino. you're stupid if you do it and you're stupid if you larp about it. if it's true, you got what you deserve

>> No.59380447
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59380447

>>59379916
i flipped from short to long when trump won
what made you keep shorting?

>> No.59380510

>>59379916
>people want to realize losses before EoY.
what losses are there to realize when BTC is at ATH, retard?

>> No.59380564

>>59380067
I have a bit in index funds and savings accounts outside crypto, but not much

>> No.59380723

>>59380067
>vidrel.webm
Me all over.

>> No.59380800
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59380800

>>59379916
>He lost money during a bull market
HAHAHA eat shit Bobo.

>> No.59380809

>>59379937
homers right leg is mr burns left hand

>> No.59380831

>>59380800
Total bobo death!

>> No.59381341

>>59379916
>December is usually a bad month, people want to realize losses before EoY

Yea, that kind of thing happens in years where there is a bear market. Stupid dumb fuck.

>> No.59381763

>>59379916
>>59379940
>>59379937

i'm here wanting to learn. Guys , how can i get into crypto? I just finished college and i have some spare money. Where do i begin?

>> No.59381806

>>59381763
read the bitcoin whitepaper, it's short

>> No.59381903

>>59381806
Okay, but after that? I kinda get the concept and how the technology work, but how can i become a good investor like you guys? My goal is to try to retire early

>> No.59381919
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59381919

>>59379916

you put it in BOBO and pray