Quote from: allyouracid on August 13, 2014, 04:14:46 PM

Quote from: btcspender on August 13, 2014, 01:37:28 PM

Quote from: allyouracid on August 13, 2014, 01:22:06 PM

Quote from: LordTony on August 13, 2014, 12:02:50 PM

Quote from: jorrr on August 13, 2014, 11:53:17 AM

i bought yesterday at 90K, big mistake! today I sold it again, btc going lower

If it helps you, I bought at 240k few days ago. I don't know why, I was so stupid Embarrassed

Are you gonna buy or sell now?

I started with CLOAK when it was ~300-340, knowing it was high, but the "volatility" was kind of appealing. Bought and sold at the right times, so now my CLOAKs have a slightly lower BTC value than when i entered the market.

As all coins, also CLOAK will go up and down. Just relax, don't panic and consider carefully if you really want to exit now.

Yeah I had a few buys low and kept buying as it was rising, if I was to sell all my cloak now I would take an 11BTC loss. So I am certainly not doing that

Good idea. I know how it feels to lose 11BTC: that's the exact amount I lost on a former popular dice game site. That was somewhere in December 2013, when Bitcoin had quite some value. ^^
I still remember this incredible adrenaline kick (it was not one of the pleasant kind ^^), followed by a really, really evil head fuck when my martingale had 22 consecutive losses - at 77% winning odds for me!

About one month later, I went to totally confirm that my level of stupidity was beyond all description, trying to gamble it back (worst idea ever). I was only 0.3BTC short when I experienced the exact opposite of the adrenaline + head fuck thingy, just for the next roll to remind me that the bank always wins. Another ~10BTC gone in two or three rolls, plus the 10.7BTC I already had.

However, lesson learned, gambling does not attract me anymore. I don't get angry about this (as I cannot change it anymore) and I quickly adjusted my attitude, banning those "If I were not that greedy, I'd be only 0.3BTC short" thoughts from my head and stopped being greedy.
And I also believe that it had a great impact on my way of trading and handling Crypto in general. Being careful and knowing the facts about whatever I do is way more profitable than anything that looks like an opportunity to get rich quickly.

So, enough offtopic for now.

The thrill of winning can be hard to resist, I resisted the urge to sell some coin for a nice profit, holding for a higher price and more profit which turned into -11BTC. But we all fuck up sometimes was it your fuck up that inspired 1FuckUpmVUxwHZH1vkLNkEYB8dTvsS78 Grin