GOUSDT | 15M | Heikin Ashi Candles | Gochain Binance listing
So i got caught up in the hype of GOchain being listed on Binance.
I thought I could wait for the dump, buy in and ride the wave. I've seen it successfully play out in my head with the other alts. I compared to what GO price was for the last few months and thought it could easily bounced to 932 sats. not the case.
This was my first try and failed miserably. I did wait for a dump, bought in. oh crap, another dump, bought in, oh crap another dump.
My average buy in was 779 sats. My emotions got the best of me and set no stop loss. Now im currently down 6.91%
Looking at the charts, seems we have bottomed out and it's moving in an upward direction. See how this goes.
Lessons learned:
Don't do this crap again. haha
Realize that there is no real bottom.
Trade the trends, not emotions
set stop losses
Hype out paces TA every time.
Don't use all your capital in one place.
Thought I'd share my bad trade. hope you can learn from it.
I thought I could wait for the dump, buy in and ride the wave. I've seen it successfully play out in my head with the other alts. I compared to what GO price was for the last few months and thought it could easily bounced to 932 sats. not the case.
This was my first try and failed miserably. I did wait for a dump, bought in. oh crap, another dump, bought in, oh crap another dump.
My average buy in was 779 sats. My emotions got the best of me and set no stop loss. Now im currently down 6.91%
Looking at the charts, seems we have bottomed out and it's moving in an upward direction. See how this goes.
Lessons learned:
Don't do this crap again. haha
Realize that there is no real bottom.
Trade the trends, not emotions
set stop losses
Hype out paces TA every time.
Don't use all your capital in one place.
Thought I'd share my bad trade. hope you can learn from it.