Post
Topic
Board Trading Discussion
Re: A little sad story
by
blckhawk
on 14/04/2021, 14:11:22 UTC
So I got some bonus from bybit.

I longed btc at first with 50x leverage (you do that with 'free' money), but since it was on the rise for last few days, thought it will dip and closed the long, opened short.

Got liquidated soon after.

Had I not closed the long, I would be in several double digit thousands of dollars profit today.

Rip

Yeah, it was really unfortunate indeed but no worries you may lose the money but you've gained experience and that is all matters. That money can be earned back or even more as long as you have experience and knowledge. That loss will serve as a lesson for you to not repeat the same mistake. You gotta move on besides, just like you have mentioned it just a bonus so it is not your total loss, imagine those people who actually lose their money that would have been more devastating. Anyway don't be swayed by it and just keep moving forward.