I got carried away and forgot about sound logic and risk/reward
Today I decided to participate in the farm $YB
I invested 3900 USDT and bought $BNB
at 1345 per coin.
I'm smart - I know that after farming you need to quickly sell BNB, just because many borrowed and so on.
At first, I started to slow down #BinanceWallet , when it lagged, I urgently transferred BNB to the exchange and saw the price at 1340. Well, I thought it wasn't dropping too much, just a couple of minutes and the price would go up and I would break even. A minute passed, two, ten, and the price kept going lower and lower. I set a limit order and went about my business, "after all, the coin is strong and only grows - they will buy it back now."
I check again, and there is already a loss of 150 or 200 at the moment.
At that moment, I see $COAI
is gaining. I think I'll enter now - buy, it will grow a little and I'll sell immediately and break even.
By the end of the day, I already have a loss of 900 🥲
Conclusion 1: I will not participate in IDO anymore
Conclusion 2: I am finishing trading "to recoup"
Share your "success" stories and conclusions about them.
#BNBmemeszn
Today I decided to participate in the farm $YB
I invested 3900 USDT and bought $BNB
at 1345 per coin.
I'm smart - I know that after farming you need to quickly sell BNB, just because many borrowed and so on.
At first, I started to slow down #BinanceWallet , when it lagged, I urgently transferred BNB to the exchange and saw the price at 1340. Well, I thought it wasn't dropping too much, just a couple of minutes and the price would go up and I would break even. A minute passed, two, ten, and the price kept going lower and lower. I set a limit order and went about my business, "after all, the coin is strong and only grows - they will buy it back now."
I check again, and there is already a loss of 150 or 200 at the moment.
At that moment, I see $COAI
is gaining. I think I'll enter now - buy, it will grow a little and I'll sell immediately and break even.
By the end of the day, I already have a loss of 900 🥲
Conclusion 1: I will not participate in IDO anymore
Conclusion 2: I am finishing trading "to recoup"
Share your "success" stories and conclusions about them.
#BNBmemeszn