Post
Topic
Board Trading Discussion
Re: I GOT BURNT TODAY
by
Tungsten-1
on 07/07/2019, 17:22:44 UTC
Surely. i entered the market at its peak.  Cry Cry Cry 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.
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
That is a good encouragement and hope op will be able to hold until it gets to $20,000 and by then it is not get burned again but get bless. I said this before and to put it in another way: you can only lose if you sell below your purchase price as far as you have not sold you did not lose or get burned.
Yes that is true. And I think that it is important for you to reconsider your investment strategies before actually investing your money in the coins. It is very irrational to invest your money in Bitcoin when it is at peak. The reason is that you get to spend more money on a single Bitcoin than you would if you try to invest when the market is bearish.