Post
Topic
Board Trading Discussion
Re: RIP Long Traders
by
EarnOnVictor
on 07/04/2025, 09:31:04 UTC
How come you didn't close your position after what happened with the stocks last week? Bitcoin (and crypto) showed some resilience in the 81-83K. It's bad enough for spot traders, let alone for those who use leverage.
The issue with people is that they are blind followers instead of being true investors, they often think they can behave like the maxis. Even many of the so-called maxis here must have liquidated but still preaching what they believe people want to hear to appreciate them. Grin

My first warning was on altcoins here, the preservation of our funds must come first. No matter how inexperienced the investor is, the chart pattern should be a guide, and in anything we do, we should not joke with the weekly and monthly charts. Many would just say Bitcoin would rise but can't give a good reason, talk is cheap, conditions must be fulfilled before you take a side. However, the last guide with conditions that I gave was here. The market eventually opted for the southside, so I guess this is a fire he still dared!