Meanwhile, David and I move on to other coins and continue to rake in the BTC profit.
I'd like it to be that simple (and I hope it will be in the future) but it was not that pretty. I would like to share this part with you too, so that you learn from my mistakes.
Despite all of my mistakes (and stress), I managed to get a 200% profit out of BC. But then I made it horribly wrong. And I know at least of other person who did the exact same mistake as I did, so
it will probably happen to you too!Here's the story: once I sold my BC, I still looked at BC price. I could go up again, after all So, I started to buy back urgently (panic buy) and then it was a false alarm and when I realised it, I panic sold. I did it three times and I ended up being negative.
What do I want to tell you here? This:
After the Famous Last Pump,
Leave and don't go back! You
will be tempted too. It was a hell of a ride, you made friends on the forum, it can't just stop like that, bla bla bla.
Bull traps are called "trap" for a reason).
So please, don't lose in 2 hours what you spent weeks accumulating. It is painful, believe me. The pain of losing is more intense than the joy of winning.
That's exactly what happened to me with Quark. Everyone was pumping QRK. "It will be back up...It's such a secure coin...It will be at $1 in no time..." (It went to 30 cents at one time.)
Never again. When BC crashed I got out. When DRK crashed I got out. When AsiaCoin crashed I got out.