I GOT BURNT TODAY - page 6. | Bitcointalksearch.org

torry28

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Quote from: perla on June 22, 2019, 11:26:17 PM

Quote from: BayAngelo on June 22, 2019, 02:48:11 PM

Surely. i entered the market at its peak. Cry

. 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.

By the way, how long already you hold your coins, maybe need more time and if you really afraid about it, just wait and sell in price that you bought your coin. FOMO is naturally can happen to everyone, but after you jump on it, keep make yourself calm first because panic wouldn't help anything.

He just bought it on some hours ago when bitcoin reached the peak at $11k and now it started to down again.

Quote from: NeuroticFish on June 23, 2019, 12:56:02 AM

The first rule is to never invest money you don't afford to lose. If you went by that rule, you'll be okay, just you need patience: in some days, weeks, months, Bitcoin should easily surpass 11k and you'll be on profit.

Of course, second rule is to decide by yourself and don't get investment advises from unknown people over internet, like myself Cheesy

Then he should ignore your first rule.

NeuroticFish

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Quote from: BayAngelo on June 22, 2019, 02:48:11 PM

Surely. i entered the market at its peak.

The first rule is to never invest money you don't afford to lose. If you went by that rule, you'll be okay, just you need patience: in some days, weeks, months, Bitcoin should easily surpass 11k and you'll be on profit.

Of course, second rule is to decide by yourself and don't get investment advises from unknown people over internet, like myself Cheesy

michellee

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Quote from: BayAngelo on June 22, 2019, 02:48:11 PM

Surely. i entered the market at its peak. Cry

. 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 think you don't have to have negative thinking because the price will reach the highest price. When you bought bitcoin at the highest price at the last year, you can wait for a while because now, the price has grown and reached a higher price. No need to feel to doubt with the bitcoin because bitcoin will show the power in the right time so right now, you only need to be patient and don't forget to place an order sell at the price you want.

perla

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Quote from: BayAngelo on June 22, 2019, 02:48:11 PM

Surely. i entered the market at its peak. Cry

. 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.

By the way, how long already you hold your coins, maybe need more time and if you really afraid about it, just wait and sell in price that you bought your coin. FOMO is naturally can happen to everyone, but after you jump on it, keep make yourself calm first because panic wouldn't help anything.

DanWork

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That fear of missing out is something that we must be careful of. The best thing to do is to study and learn about the market as much as you can and make your decisions based on that knowledge. Not on emotions. Easier said than done though.

LogitechMouse

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Quote from: BayAngelo on June 22, 2019, 02:48:11 PM

Surely. i entered the market at its peak. Cry

. 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.

Don't be too stressed with your investment. I'm sure there are many new investors too who did what you just did.

Always take note that if you are investing, be ready with the consequences that you may face when worst things happen. I expecting for Bitcoin to do a small correction within the next weeks after rising up. I think the best thing that you need to do right now is to just hold your coins and wait to get profit. Don't sell your coins at a loss.

philipma1957

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Quote from: BayAngelo on June 22, 2019, 02:48:11 PM

Surely. i entered the market at its peak. Cry

. 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.

okay it does not matter your entered at 11k

coins are now 10,800.

when going into a hot market the fundamental thing is to keep at least ½ in cash.

Ie buy a coin for 11,000 means you have another 11,000 in cash reserve

this allows you to buy more if coins drop to 9500.

If you went all in at 11k and have no cash reserve you simply should not be buying or trading coins. As your skill set is very low.

I am more conservative the 50-50 rule.

when I jump in and buy a coin I have 33-33-33 which allow me to buy on 2 separate drops.

say 9500
and 8000.

Good luck whatever you do bro.

jhonjhon

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Quote from: Mahanton on June 22, 2019, 04:40:59 PM

Quote from: BayAngelo on June 22, 2019, 02:48:11 PM

Surely. i entered the market at its peak. Cry

. 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.

Don't stress yourself too much.Yeah,you had bought on the peak yet the price is dropping now but come to think that
you aren't selling it yet so it isn't still consider as a loss or being burnt.Just hold it up pal, yet we are just starting for a bull ride.
It will recover soon and its important not to panic sell.

Agree, it’s not something you should panic about because we are having a bull trend now so you sure can still get you money back and when the bull run will happen then you can still get profits from it so just hold it a little longer and make sure to check the price from time to time. Its not the end yet and bitcoin will sure rise so don’t stress yourself too much.

DGulari

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Quote from: hirngespenst on June 22, 2019, 05:21:52 PM

Don't give up too early. You just bought today, so keep holding! Bitcoin pumping is not ended yet, it will go further after a little dump! The next call is 11800 to 1200 USD and it can happen in this month! So, keep holding and celebrate the bull run!

I always disagree about this kind of suggestion. I mean you have no proofs if bitcoin will hit more than 11k in this month, are you a proffessional trader? How accurate your prediction? What's your profit?
If your prediction is true and that guy followed your suggestion should be happy, but how if your suggestion is false? He lost more because of your suggestion, will you compensate his loss?

hirngespenst

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Activity: 812

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Don't give up too early. You just bought today, so keep holding! Bitcoin pumping is not ended yet, it will go further after a little dump! The next call is 11800 to 1200 USD and it can happen in this month! So, keep holding and celebrate the bull run!

pixie85

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Activity: 2184

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Keep calm and hodl! We are in a bull market now and this isn't going to end with bitcoin dumping back to 6000 or less. Worst case scenario we'll go back to 9000 zone and stay there for a while until bitcoin is ready to retest our 2019 ATH.

You're saying you got burnt but really you've only lost maybe 3% of your investment. It's not a lot and it's easy to make up for such a loss. You'd get burned if you bought a pumped shitcoin and be at -50% in a day.

peter0425

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Quote from: BayAngelo on June 22, 2019, 02:48:11 PM

Surely. i entered the market at its peak. Cry

. 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.

Why are you disappointed though? Do you wanted to short? Lol, you should have invested and long for the long haul. If I'm in your shoes, you shouldn't be nervous, you will not be going REKT here. I do hope that you invested what you can afford to lose here though, so that you don't care what will be the price in the next coming days but rather let your bitcoin sit in your wallet for the next couple of months or years.

Oilacris

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Quote from: BayAngelo on June 22, 2019, 02:48:11 PM

Surely. i entered the market at its peak. Cry

. 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.

If you do margin trade then you are burnt but if not then theres nothing to worry about and just like what

others do said on here that just hold up your bitcoin holdings because market will recover soon.This is just
a casual pullback of its price because we cant see always a rising price all the time.

exstasie

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Quote from: BayAngelo on June 22, 2019, 02:48:11 PM

Surely. i entered the market at its peak. Cry

. 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.

Lesson learned: Don't FOMO. Always have an exit plan when you enter a trade, and don't spend what you can't afford to lose!

Are you trading on leverage? If not, you're probably okay. It looks to me like the price is ranging before another wave up. I think we're headed for the $12K area. You never know though!

Gabteb

sr. member

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I am sure you will win in long term and i hope we will see more than 11k soon so you can recover your loses, hope we will see new ATH this time and then stabilisation at that price then , many new users would join the market and will be fine.

DebitMe

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You are probably going to have some short term losses here, but if you hold for the long haul, you will come out ahead. My guess is that you will be back to your original value in a year and a half to two years.

Mahanton

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Quote from: BayAngelo on June 22, 2019, 02:48:11 PM

Surely. i entered the market at its peak. Cry

. 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.

Don't stress yourself too much.Yeah,you had bought on the peak yet the price is dropping now but come to think that
you aren't selling it yet so it isn't still consider as a loss or being burnt.Just hold it up pal, yet we are just starting for a bull ride.
It will recover soon and its important not to panic sell.

BayAngelo

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Surely. i entered the market at its peak. Cry

. 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.

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