I've already sold 1/3 of my holdings and all seemed to be at really bad times. I have had no strategy. I have followed the price and watched a few videos a few times a month--most of them the terminology is over my head, but up until a few days ago I did not know anything about technical analysis.
I really regretfully sold a large chunk at 15K because I choose a bad stop loss. It was as 15.8K when I placed the order and I just choose 14.8K as the stop loss without any strategy. A few days later I came across a video that suggested 13.8K would have been a good stop loss.
I also sold at 6-7K in 2019, and even a little at $5K in march this year, but I didn't feel as bad about those for some reason as bad as they were
The night I placed the order in early Nov. this year I wanted to ask someone what a good stop loss would be but I did not know who to ask? So I just put 14.8K.
Is there anywhere I could go in the future to ask such questions and get answers with short notice? I don't mind paying. I just literally don't know where to go.
I also thought about re-entering a few days later at 15.8K but I didn't know that it was a thing--again I'm totally in the dark about trading. I got into BTC on accident some years ago. It's a long story. I think I was mentally paralyzed in terms of what the tax repercussions would be if I re-entered so I just didn't take any action. Again, I didn't know whom to ask or anything. I was so confused on the tax stuff for months. I know it sounds stupid but I didn't even realize I could call an accountant. I've been so busy with other things in my life.
Worse, I didn't know I could buy back in at $15.8K and ride the market. It sort of crossed my mind but I wasn't sure what the ramifications would be in terms of tax so I froze and just didn't know what to do . I needed someone to talk to again but did not know where to go.
Please make suggestions.
Ideally, I'd like
-To be able to follow 5 expert traders on a day-to-day basis and see what they are doing to get some guidance and then ultimately make my own decision
-A group where I can ask questions to about TA, good stop-loss, good-buy in time, etc.With people who are very interested and doing the same thing.
-A 24/7 place where I can get quick simple answers or someone to talk to
-Really would like to find some sort of mastermind group.