Topic: I GOT BURNT TODAY - page 2. (Read 1424 times)
Go to bitfuturex.com and trade there, you may have better lucky there.
thinking with patience is much necessary while fomo if you think that you will make 10x profit and put all of your money you will risk much money because reverse move will be more because fo profit booking read risk management to minimize risks in fomo it that way you will lose less and get more profit
I agree. don't panic about that. with patience will certainly return your money plus profit. indeed FOMO is like an emotional game where many people make transactions for fear of losing opportunities, this kind of thing that we should make a lesson
thinking with patience is much necessary while fomo if you think that you will make 10x profit and put all of your money you will risk much money because reverse move will be more because fo profit booking read risk management to minimize risks in fomo it that way you will lose less and get more profit
Just thinking about 10x profit is a waste of time. You wont get a profit if you think about it too much and dont focus on your fundamentals about skills in trading. 10x profits would have happened if you bought bitcoin back in 2009 and sold it at 2017 pump, and if you didnt then you can stop dreaming because it would repeat itself right away.Risk management comes into play if you are playing margin with your money, if you are just holding for the point to sell from a buying spot then you wont have to worry much.
You can overcome the crisis and wait until now to be very brave. I believe that few people can stand it, most of them cut losses. I have cut my losses almost 
Surely. i entered the market at its peak. 
. i doubt if i will survived this epic move of mine. btc was at 11,000K. i never checked TAs and just entered. i pray i recovered my money back. actually, it was FOMO. to be honest.
It was not just FOMO. Yes, you saw the possibility of huge earnings and decided that it is urgently necessary to use it. But the main mistake is that you are not prepared for the purchase. That is, didn't study the information necessary for trade. . i doubt if i will survived this epic move of mine. btc was at 11,000K. i never checked TAs and just entered. i pray i recovered my money back. actually, it was FOMO. to be honest.In any case, if you bought Bitcoin for $ 11k, and just wanted to get your money back, then you already had such an opportunity, I hope you used it.
Bitcoin is overrated
Surely. i entered the market at its peak. . i doubt if i will survived this epic move of mine. btc was at 11,000K. i never checked TAs and just entered. i pray i recovered my money back. actually, it was FOMO. to be honest.
. i doubt if i will survived this epic move of mine. btc was at 11,000K. i never checked TAs and just entered. i pray i recovered my money back. actually, it was FOMO. to be honest.Surely. i entered the market at its peak. . i doubt if i will survived this epic move of mine. btc was at 11,000K. i never checked TAs and just entered. i pray i recovered my money back. actually, it was FOMO. to be honest.
One btc still worths one btc and will always do. So if you don't margin trade and don't play with money you need, you can't get burnt . i doubt if i will survived this epic move of mine. btc was at 11,000K. i never checked TAs and just entered. i pray i recovered my money back. actually, it was FOMO. to be honest.Once they are able to get their investment back now at $20k, because I am sure we will get some major dump at this value, I have seen so many analyst, and so many signal provider advising investor to set trade at $20k, I hope this is not where we will have major correction when lots of people takes profit.
not only you many would have done that , hope you didnt lose much , this is what will add to your experience , do not repeat it only enter when risk suits , at peak risk will be more
At peak risk is less because you sell and get out with fiat. Then you are just going to watch a crash happen and laugh about it because you were wise enough to sell. The ones who will be crying are those who get euphoric with every rise and they think that it is going to be there forever. The forget the logic that selling pressure would soon strike and take slash out the price pump.I think he OP has made a profit by now and not seeing him answer the posts here makes me think that this topic can be closed now since it is becoming a shitposting haven.
One spirit about bitcoin increase is that we are never satisfied with any increase we witness, there is always this urge and temptation to stay longer whenever we witness a surge in price believing we could get more.Until maybe we see the value of the last ATH. Anyone that has been in the market before to witness what bitcoin is capable of given will always fall for FOMO. There is nothing we can do to change that.
yes just wait its all about patience some time u have to wait for years before u even get back to +-0 sometime just weeks you never know.
If the OP is still holding on to his coins, they would be in a profit neck-to-neck, yesterday I saw bitcoin touch 13k or very close to it. I am sure the OP would have sold because he was panicking about when to do so. I do feel bad for his position though, buying coins when they are at all time high means you would have to wait a long time after they drop. Anyway that happened with many traders out there since the bull urn of 2017 Q4 but most of them either panic sold and very few actually held on to them. Patience is the key here, because now it seems they could sell at a small margin of profit, if not bitcoin goes even higher.
yes just wait its all about patience some time u have to wait for years before u even get back to +-0 sometime just weeks you never know.
If the OP is still holding on to his coins, they would be in a profit neck-to-neck, yesterday I saw bitcoin touch 13k or very close to it. I am sure the OP would have sold because he was panicking about when to do so. I do feel bad for his position though, buying coins when they are at all time high means you would have to wait a long time after they drop. Anyway that happened with many traders out there since the bull urn of 2017 Q4 but most of them either panic sold and very few actually held on to them. Patience is the key here, because now it seems they could sell at a small margin of profit, if not bitcoin goes even higher.
Surely. i entered the market at its peak. . i doubt if i will survived this epic move of mine. btc was at 11,000K. i never checked TAs and just entered. i pray i recovered my money back. actually, it was FOMO. to be honest.
One btc still worths one btc and will always do. So if you don't margin trade and don't play with money you need, you can't get burnt . i doubt if i will survived this epic move of mine. btc was at 11,000K. i never checked TAs and just entered. i pray i recovered my money back. actually, it was FOMO. to be honest.
Surely. i entered the market at its peak. . i doubt if i will survived this epic move of mine. btc was at 11,000K. i never checked TAs and just entered. i pray i recovered my money back. actually, it was FOMO. to be honest.
One btc still worths one btc and will always do. So if you don't margin trade and don't play with money you need, you can't get burnt . i doubt if i will survived this epic move of mine. btc was at 11,000K. i never checked TAs and just entered. i pray i recovered my money back. actually, it was FOMO. to be honest.
Surely. i entered the market at its peak. . i doubt if i will survived this epic move of mine. btc was at 11,000K. i never checked TAs and just entered. i pray i recovered my money back. actually, it was FOMO. to be honest.
One btc still worths one btc and will always do. So if you don't margin trade and don't play with money you need, you can't get burnt . i doubt if i will survived this epic move of mine. btc was at 11,000K. i never checked TAs and just entered. i pray i recovered my money back. actually, it was FOMO. to be honest.not only you many would have done that , hope you didnt lose much , this is what will add to your experience , do not repeat it only enter when risk suits , at peak risk will be more
At peak risk is less because you sell and get out with fiat. Then you are just going to watch a crash happen and laugh about it because you were wise enough to sell. The ones who will be crying are those who get euphoric with every rise and they think that it is going to be there forever. The forget the logic that selling pressure would soon strike and take slash out the price pump.I think he OP has made a profit by now and not seeing him answer the posts here makes me think that this topic can be closed now since it is becoming a shitposting haven.
Surely. i entered the market at its peak. . i doubt if i will survived this epic move of mine. btc was at 11,000K. i never checked TAs and just entered. i pray i recovered my money back. actually, it was FOMO. to be honest.
not only you many would have done that , hope you didnt lose much , this is what will add to your experience , do not repeat it only enter when risk suits , at peak risk will be more . i doubt if i will survived this epic move of mine. btc was at 11,000K. i never checked TAs and just entered. i pray i recovered my money back. actually, it was FOMO. to be honest.Surely. i entered the market at its peak. . i doubt if i will survived this epic move of mine. btc was at 11,000K. i never checked TAs and just entered. i pray i recovered my money back. actually, it was FOMO. to be honest.
One btc still worths one btc and will always do. So if you don't margin trade and don't play with money you need, you can't get burnt . i doubt if i will survived this epic move of mine. btc was at 11,000K. i never checked TAs and just entered. i pray i recovered my money back. actually, it was FOMO. to be honest.not be move by any circumstances where market sway still ongoing, sets your target goals and wait till things hits up and bring you the benefits that you
intentionally hoping to gain as a reward for your investment.
Surely. i entered the market at its peak. . i doubt if i will survived this epic move of mine. btc was at 11,000K. i never checked TAs and just entered. i pray i recovered my money back. actually, it was FOMO. to be honest.
One btc still worths one btc and will always do. So if you don't margin trade and don't play with money you need, you can't get burnt . i doubt if i will survived this epic move of mine. btc was at 11,000K. i never checked TAs and just entered. i pray i recovered my money back. actually, it was FOMO. to be honest.
There was a reddit post mocking people like the OP was complaining about. It showed a meme that was like "bought at 13800" and a sad person and today's date and then "bought at 13800" and a picture of a man with lambo and 2 years laters date.
I think that is the best explanation to give these type of people. Yes of course, if you waited another day you could have bought for a lot less and that is bad for you, I wish you could have bought cheaper, we sure could use some people who would buy from here but since that opportunity is long gone there is no reason to feel sad about it and should be looking for the future. Maybe in a week you will still be in profit, maybe in a month, maybe in a year but I can 100% guarantee you if you hold long enough you will be in profit no matter how long it takes.
I think that is the best explanation to give these type of people. Yes of course, if you waited another day you could have bought for a lot less and that is bad for you, I wish you could have bought cheaper, we sure could use some people who would buy from here but since that opportunity is long gone there is no reason to feel sad about it and should be looking for the future. Maybe in a week you will still be in profit, maybe in a month, maybe in a year but I can 100% guarantee you if you hold long enough you will be in profit no matter how long it takes.
Surely. i entered the market at its peak. . i doubt if i will survived this epic move of mine. btc was at 11,000K. i never checked TAs and just entered. i pray i recovered my money back. actually, it was FOMO. to be honest.
. i doubt if i will survived this epic move of mine. btc was at 11,000K. i never checked TAs and just entered. i pray i recovered my money back. actually, it was FOMO. to be honest.It was obviously FOMO on your part. I guess a lot of people share your experience. Many must have thought that Bitcoin would reach as high as $16,000 at that time. But it is not something to be too sad about. It will only take a day or two before Bitcoin would exceed $11,000 once again. Just keep your patience intact and avoid selling with a loss.
It is OP at wrong timing and get depressed when he saw sudden drop of bitcoin, it probably he is new into this investment and it is normal to be worried for its lose. It looks like he is hopeless by now and I hope he listen what expert say and what he read in this thread. And nothing will be wrong if he didn't sell his coins.
That is one bad thing about FOMO, and we have so many people that are falling into FOMO everyday but afraid to share their because of fear of being mocked or laughed at, or even being seeing as an I competent trader or investor, but we cannot all deny the fact that we don’t fall into it. The market is so difficult to predict, and I could remember that I fell into FOMO that is even worse than that of op’s own.When bitcoin rose up to about $13,800, I rushed to buy, thinking bitcoin will touch the value of $15k at the speed it was going before any correction, I knew there was going to be a correction, but greed and FOMO made me to quickly consider entering at $13800, it was just as if I was the target, so annoying, the point I entered was when bitcoin made a very high correction back to $10k, was so mad at myself, but I am still not worried, because I know that the value is coming back.
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