LauriElias

BTC halvening FOMO

Long
LauriElias Updated   
COINBASE:BTCUSD   Bitcoin
I think it's safe to say BTC will cost more end of April than it costs now...
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Already did a trade on this, bought 8435 2020-01-14, sold 9800 2020-02-11.
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Tired of staring at graphs FOMOing slightly. Bought 10155.
Trade active
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Countering me would be the actual 'get rich quick' scheme.
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Damn it the virus FUD is going to make the channel not hold, right?
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Bought some 8793.63.
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Bought 7977.20
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Whatevs, bought 6090.36.
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SuperAIDS and now car repairs...sold some 5421.19, kept a third of a coin, hopefully gonna have a whole one soon. Gonna pretend I 'only sold the more recent purchases' and the 10155 one is intact : )
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Oh since I've been a perfect counter-indicator 4 times in a row, prepare for liftoff?
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We're running out of time to hit 11k : )
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Bought 7100
Trade closed manually:
Sold $8800.

Currently sitting on an EUR 541.97 loss, which is better than my max drawdown of EUR 2200+, but still I missed breaking even at around EUR 9000. The economic climate is far too shitty and the halvening FOMO proved far too weak to justify not breaking even if it's presented to you. There was no reason to not have a stop-loss at around, say, 8500 because it would have been obvious the party's over by then, even if it wasn't obvious to me at repeated fails at trying to break EUR 9200.

I shouldn't have ignored my own 'sell the news' warning.

There is no positive news to look forward to now and also 'sell in May...'.

I think low efficiency miners are going to have to shut down and sell whatever they have hoarded.

I shouldn't have let my real life liquidity get so bad I needed to ruin my trade because of it. I now need liquidity for a land purchase and cannot afford to do another -50% ride should it happen.

That said if some miracle bull run appears somehow, I will be chasing it.

If a big fat red dildo prints, I will try buying it's shadow on the low end.

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