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Author Topic: This sh*t ain't for the faint of heart! 😭  (Read 597 times)
fullhdpixel
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July 04, 2021, 05:25:12 PM
 #81

If you really did it then, congratulations.
Sometimes all you need is a bit of courage to take the risk. I have read that you are a trader and a short-term one.
You did a good choice and most probably you have already sold what you bought. If I have the budget, I might have also done the same thing, but it's just to keep it long-term.
That low price could be a once-in-a-lifetime chance and we may never see it again.
I guess traders in 2025 would be looking back and be envious of us who are able to buy BTC for anything lower than 50k. I mean it has been speculated that Bitcoin would trade over a million dollars each, and people who laugh at this thought are the same who laughed when someone said BTC will reach 1k.

When bitcoin is getting us a second chance like this (I mean after setting ATH, and somehow FOMO is intensifying, most people never dared to get another chances to buy lower than $40k), like most other people, I am also go crazy to buy more but unfortunately my budget is not letting me to go as per my desire levels.

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so98nn
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July 04, 2021, 06:07:44 PM
 #82

I know this rage since long and happens with me all the time tbh. May be this is the way our strategies are built so that we can keep with the market loop. You never know at what point market will burst open to another high tide or will go down the road and that’s when we keep buying and buying all the time. Anyways that is also good strategy as you end up with multiple “entry points” while trading your way in.

This helps averaging our break even point at some point. This you no longer have to worry about that single point where you bought everything all once.
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July 08, 2021, 02:36:51 AM
 #83

I think the price entrance at the time was very good. In this case, the first reaction should be to buy quickly. Although Bitcoin is highly volatile, its market demand will definitely restore it to a more beautiful value. If OP does it, you will have considerable wealth. But I don’t recommend investing all of your wealth, holding part of it for a long time, and don’t waver.
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July 08, 2021, 03:16:09 AM
 #84

I was in a bull market a few months ago (I don’t know if it’s still a bull market). I profited from frequent trading. I thought it was because of my skills. Knowing 5/19, ushered in a plunge.

My margin account was almost zero. At this time, I realized that my previous gains were only because of the bull market now, and I was just lucky.

Now Bitcoin is trading sideways between 30,000-40000, I am a little confused now, and I don’t even dare to open my Binance.

Now I prefer to invest. I choose a token in the presale stage and hold it for a long time. I also earn back the previous losses because of the investment.
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July 08, 2021, 04:11:03 AM
 #85

Don't be discouraged if you have to try to recover from the loss currencies are much more valuable when prices rise in the market. Markets usually rise on the basis of demand I think you can hold on by investing in the long run the risk is much lower here and doesn't be disappointed if the price goes down the reason for the price going down is that it will go up again wait patiently for this.
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