$BOME What to do now?

I know most of you people are pissed on BOME performance, seeing that is underperforming vs BTC and most of other coins, so I was not surprised by the emotional comments that flooded yesterdays square.

People are focusing on finding answer if this will fly or crash but a more pressing question for you is "What type of trader are you? and what are you doing wrong?"

I did a number of post with some data point in past few days, showing facts that this is a dangerous coin, hoping it helps to take a good decision, and many other experience traders did it to. In the same time there are 10x more people that tell you what to do, based on 0 facts.

If you decide emotionally, based on believes, what other thinks, and fear/greed - than maybe your loss was a good thing for you, to force you to change.

Try to base your actions as much as possible on facts, do some work, try to make sense of all this, and not base on greed/fear, hope/disappointment.

As shitty as this coin may appear, there is a trend forming: few days the whales are dumping, then accumulating, then dumping again (but is hard to tell the limit between). If you exit a coin at the end of the dump cycle (low price) and jump to another that may be at the end of the accumulation cycle, than you need to change what you are doing.

Take a break, accept your loss and stop crying, it is ok to do mistakes, remake your strategy, do some research work, and go make some money 😁