$BTW Surely many of you still think that after a big rise, it will crash. Even when it got back to your entry, you still wouldn’t close the position, so now you’re stuck holding a loss.
$Q I've paid quite a price before for trading highly volatile coins. Just yesterday, I warned everyone to avoid FOMOing into Q, and today the price pump that wiped out SHORTs has happened.
$BTW When it went from 1.3 down to 0.75, many people thought it would crash all the way to the ground. They were in profit but thought it wasn’t enough, so they didn’t take profits—and later ended up cutting their losses. Not sure how things will go this time 😁
$BTW Poor those who were in profit but didn’t take it, thinking it would crash so they could make even more. Now it’s turned around and climbing again, and they’re still stuck holding losses 😶🌫️😶🌫️
$BTW Surely many people still think that after it goes up, it’ll come back down, so they keep holding on. The longer they hold on, the more they regret selling. But no one knows at what price in dollars it’ll come down from its peak.
$STRK This season, going long with a stop-loss can still make you money. But if you short and don’t cut your losses, you’ll end up holding a huge loss.