💰 What a Rollercoaster Ride! 💸
I once shorted my last $300 worth of Bitcoin with 100x leverage. The price started to drop, and I set a stop loss at breakeven. Initially, I saw some decent profits ranging from 20-55%, but my FOMO kicked in, urging me to hold out for more gains, fueled by past losses.
Suddenly, the price began to bounce back, and my profits vanished, with the price inching dangerously close to my stop loss. It felt like a heart-stopping moment, with the stop loss almost triggered. With a mix of frustration and exhaustion, I shut down my computer and went to bed.
The next morning, I woke up to an unbelievable surprise! The price had miraculously rebounded exactly from the stop loss level, and my position was sitting on over 1000% unclosed profit! 🚀 Overjoyed, I decided to hold onto the position for a bit longer and eventually closed it for a whopping $4550 profit! 🎉
It was a wild ride of emotions, but in the end, it paid off handsomely. 🌟 Don't let FOMO or past losses cloud your judgment, and always remember to set stop losses to manage risks effectively.
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