PotCoin - hasty bets cost money for BITTREX:POTBTC by LauriElias

I got the idea of starting a trade journal from this guy on Medium:

This is going to be my most embarrassing entry so far. I thought about making a few bucks off April 20th ((cannabis_culture)) and jumped at it without basically any DD. I checked out April 2018 of the main drug coins on CMC:

There was a clear bump around April and that's all I needed to buy a bunch of all 4.

What I did not notice though was that the coins were already in the stratosphere since March 25th this year and I was hopelessy late.

I am still holding on to the coins but it's starting to feel like we're in for a round of Bitcoin dominance again. That would spell a bloodbath for all alts, including my bagholds...

Trade active:

Bought at 0.00000552 on 2019-04-07.

Comment:

Looks like Bittrex is delisting CANN and DOPE. I took in the earlier loss with THC to buy more of the 2 victims + POT which seemed to be hit for no reason.

So now I have 83000 POT waiting to recover on Bittrex, 100000 CANN I need to dump on some other exchange, ditto 30000 DOPE.

Hitting zero with this trade is not impossible.

Comment:

Took the loss on the CANN because it's so impossible to get to another exchange. Direct deposits are closed and the Google Play wallet reportedly syncs for weeks.

Comment:

Got out of DOPE, which frankly feels dead in the water. Going to try to salvage something from POT still and be thankful BTC rallied so hard in the meantime I lost little in dollar terms.

Trade closed manually:

Got out of POT at 0.00000175, turns out 185 would have been possible, but it is what it is. Opportunity cost was immense here. Live and learn.

Comment:

Gotta remember to revisit this March 2020.

Comment:

4/20 not that far off...

Comment:

Fuck, did I really miss it? : )

Comment:

If it dips before mid-March I might try getting in again, but the daily volumes are really low. Can get trapped...

Trade active:

Bought a bunch around 0.00000095, let's see what happens before 4/20. Balls deep in BTC anyway, can keep a tiny bit of it in wild gambles.

Trade closed manually:

Sold 83, the world is fucked.

Comment:

No Christmas this year.

Comment:

Never fails to make a pre-4-20 pump.

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