Let me start by saying, I’m so sorry for any pain you all have been through in these last 48 hours. It’s been brutal. Intensely brutal. I’ve lost a lot, and I’m sure many of you have as well… I never anticipated a 64% pullback in LTCUSD. Not in 1,000 years did I anticipate that. I was prepared for a 40%, or maybe a 45%. Full disclosure, my entire LTC position that I’ve been building up for months was fully liquidated.
It sucks that some of the best lessons in life are learned the hard way. I'm sorry for everyone's losses but, can't dwell on things too long or you'll miss out on new opportunities. Great episode that I hope everyone gets a chance to read. Not many TA clowns on twitter provide this kind of honesty.
The first word of advice I received before entering this industry is that there is risk involved. Granted was these dips were not foreseen but definitely apart of the game we play. Careful research & preparation can mitigate loss but these dips are inevitable and leave room to grow! We’re in this together.
I wouldn't be to concerned about this recent dip in crypto.
During previous bullruns 40% pullbacks are a common occurrence and there's no reason to think that this bullrun would be any different. If you have done your due diligence and research on the crypto's you have invested in you should be confident that your portfolio will bonce back soon.
Yes. There is always a time to sell and take profits, but it's not during a 40% dip, This is the time to HODL and stay positive/strong. 'diamond hands'
Just remember there are no guarantee in crypto, so never invest more than you're willing to lose.
Sad to hear you liquidated your position, but everyone has entry/exit points in mind and sticking your plan is the right thing to do. Hopefully you can jump back in when you feel the time is right.
Enjoy the time off, it's important to take care of yourself.
It sucks that some of the best lessons in life are learned the hard way. I'm sorry for everyone's losses but, can't dwell on things too long or you'll miss out on new opportunities. Great episode that I hope everyone gets a chance to read. Not many TA clowns on twitter provide this kind of honesty.
Chris, my friend, colleague, investment guide:
Your honesty and candor are why I trust you and continue to read and look for these updates everyday.
So what am I doing? Taking a break just like you, kind of, not really, but you know, sort of.
Be good friend.
Your honesty is truly appreciated!
Wax to the moon!
This last days have been wild !
I hope you recover everything and hopefully makes more soon
The first word of advice I received before entering this industry is that there is risk involved. Granted was these dips were not foreseen but definitely apart of the game we play. Careful research & preparation can mitigate loss but these dips are inevitable and leave room to grow! We’re in this together.
I wouldn't be to concerned about this recent dip in crypto.
During previous bullruns 40% pullbacks are a common occurrence and there's no reason to think that this bullrun would be any different. If you have done your due diligence and research on the crypto's you have invested in you should be confident that your portfolio will bonce back soon.
Yes. There is always a time to sell and take profits, but it's not during a 40% dip, This is the time to HODL and stay positive/strong. 'diamond hands'
Just remember there are no guarantee in crypto, so never invest more than you're willing to lose.
Good luck out there people!
Sad to hear you liquidated your position, but everyone has entry/exit points in mind and sticking your plan is the right thing to do. Hopefully you can jump back in when you feel the time is right.
Enjoy the time off, it's important to take care of yourself.
You only lose when you stop trying.
Sorry for your losses, but I'm sure you'll come out of this stronger.
Someone said that NFT's will out perform during this dip in the market, I can say that my personal NFT sales are and profits are steady!