Wishing the $etc community the best and well. I lost pretty much all my money and have to rebuild. Was sitting at 1.7m last month now negative 6 figures. Lots of lessons learned because I didn’t stay in my lane. Don’t worry I been happy with nothing before I slept on…
So sorry to hear that. Wishing you the best and a quick recovery. I never have had the stomach for trading, always been a buy and hold investor after paying my bills, leverage trading even riskier…time in the market > timing the market they say. Life is short tho! Take risks!
Yeah me too but then switched it up 2 months ago The problem the first trades I hit big. Then my recovery was to buy the dip heavy and make up for losses with a trade and I got fucked 3x in a row I still got my youth Ill figure it out
"Success is not final, failure is not fatal: it is the courage to continue that counts." - Winston Churchill … you got it bro
Damn fam, sorry to hear. Stay up and try to stay positive. You’ll bounce back ✊🏼💚
Damn dude... Sorry for your loss! It's not all sunshine and rainbows but I take this as a bull market signal. The people manipulating the market are liquidating as many people as they can just sad to see a homie get caught in the crossfire. The reversal will be soon and swift!
Thank man - yeah hopefully soon. Still a way to make plenty of money just have to be patient
It’s okay bro, I’m poor too. But we are rich in heaven. We can’t take that with us when we are gone. Just enjoy life , whether at the bottom or the top. 💯✍🏽❤️
You tried to diversify and got burned? Losing everything is when you become a trader.
Had 800k in $etc Then took 20k to leverage trade and made 160k on XRP first pump. Took 180k and rode ETH to 4100 for 900k and had like 1.1M with leverage (2M total ish). A mentor told me ETH would go to 4700 and instead of selling held and kept buying dip to 3300. SO huge…
Hard lessons. Leverage trading unsounds assets like XRP and ETH. Short term gains, long term pains. A story as old as time. In there future: trade spot, self custody while waiting for entry/exits, hold solid assets like ETC or BTC where the fundamentals protect you long term.
One more reason to build sustainable defi, so people dont get greedy when theres no options for yield available
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