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I hope he meant his day trading stash and not his actual hodling coins. Can't go and bet gambling the entire hoard.
I hope so too. How much did you lose? For the next time, Goosy, join my telegram daytrading channel Signalarity and follow my trades.
Oh gawd!!!!!! Now you are pumpening ur lil selfie?
@r0ach.... family tradition ??
That looks like an awesome blowjob lineup.
Also, what happened to you Goosy? Whats this about a boat? Apologies, I was keeping away from corn until the corn stopped scaring me.
I tried my best but I huffed some hopium and now I am here.
When you 80x too frequently, it comes back to bite you, and peeps never talk (or brag) about their losses... that's one of the major problems of going 80x more than one time (after you had already gotten lucky, even though admittedly it had been an accident). Squander away all gains plus more and maybe even end up going completely broke out of desperation. it tends to be an illness for anyone who plays more than once.
Thats why you never go over 2x. Hell, you could go 1.5x and still make a nice profit while being sure that your liquidation point is never reached.
How could you ever accidentally go 80x, then? how could that be a typo from 2x? Maybe a typo from 8x? Maybe your more adventurous days? Maybe you learned your lesson? One and done? Living off the profits of an "innocent" and crazy-ass "mistake" that worked out in your favor?
It was an 8x mistake. I was about to take the fee losses and back out when in the next second BTC shot up. Just a lucky coincidence. I would not have made any big losses either way. I have made mistakes like that. Or mistakes like accidently closing my position because I was on the wrong subaccount. But then again when you are a veteran daytrader you can allow yourself a bit of room under 10x as long as you know exactly what you are doing and how to take losses if something goes awry...
I have made mistakes too.... for example selling when I meant to buy or buying when I meant to sell, but since my trades are only 1x, most of the time, I can just ride it out and the market will usually come back in order that I can correct my mistake, otherwise, I can just ride it to the other side in which I just am out of the loop for a little while. There are not too many ways to lose if you are just playing 1x so long as you are not playing BIG and engaging in incrementalism and largely just attempting to stack sats which is betting that overall we are going up in the longer term.
Currently in this market, I would never go over 4x.
Surely way more adventurous than me, because I don't play any leverage, and I am not even motivated to learn.. since I have been doing just great with a simple 1x arrangement. But to each his own, and I understand that there can be ways to play your leverage tight and to allow it to work for you to make it more profitable than 1x arrangements... furthermore, I don't short, so I am always going long or closing longs rather than shorting, so there is that angle, too.
