I got liquidated again.

This time, I didn’t see it happen.  I saw the BTC ticker dropping, I ran into a computer problem, and by the time I got into my account—more bitcoin gone!  Little itty-bit left.

This really leaves me kicking myself.  I had one month since my last liquidation to figure this out.  I was (and am) totally trapped financially; so, I sat like a deer in the headlights.  I should spend less time worrying about Bitcoin, less time writing about Bitcoin, and more time worrying about myself and whether I will have any Bitcoin.

Time to be a ruthless mercenary capitalist.

Oh, in case the newbies didn’t get it:  MARGIN SUCKS!!!  Six months ago, my financial position was beautiful.  I was not rich; but I had a decent position, it was consistently improving over time, and best of all—my position was stable.  If I had never touched margin, then I would now be munching popcorn, laughing at all the people who are worried, and looking for the best way to buy some cheap coins (for cash, without margin).  But I am financially dependent on assets that are, um, gone.  Whoops.

If even one naive n00b is deterred by my flouting this in public—well, I can’t say it will have been worth it.  No way.  But at least, some good will come out of this.

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WTF, did I jinx myself by quoting mindrust in an earlier post?

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If we really visit the $23k range, I could get liquidated again-again.  I really ought to avoid repeating the same mistake.