I turned my spare $98 into $111, a $13 profit. This has to be one of my worst profits. I usually put $300 into each trade which I will be doing next time and before starting swing trading I missed my first sell signal which I have learned from today.
This coin has so much promise. But the real alt-season just isn’t here yet, and the hot memes don’t need to have any merit but hype.
Farhadgohar
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@unbeldi Yh I know, i’ve still got $300 in there for the long term that I don’t touch. This was just the Vechain that I swing trade.Tbh all of crypto in this generation has so many fundamental problems and is going to zero but im not gonna let it go without me making a profit from it.
theothermurph511
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I chose to cautiously ignore sell signals around 0.043. It's ok though because even though I sold late, I'll still buy it all back a lot cheaper. This coin made me 10K in it's last bull run.
@Farhadgohar, I initially used $2200 and bought at a price of 0.04732. I did trade in and out a few times, some good trades some not so good. I let it go permanently at $0.26894, just minutes before the ATH was reached. I started reaccumulating vet in November at 0.023.
Farhadgohar
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@theothermurph511 $2200 for a trade is a lot, do you follow the 2% risk rule? And how do you manage your emotions through the trade.
Dablife420
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@Farhadgohar, $2200 is relative to what you're willing to risk/lose and can afford to invest. It's not necessary "Alot"
theothermurph511
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@Farhadgohar, I was new back then. I had no idea what I was doing. Literally it was beginners luck with absolutely zero skill. I did not follow that rule. And now I am a long term holder of this asset and the 2% rule makes no sense for my trading style. This coin made me so much $ so fast that I figure I wanna be buying as much as I can before everyone else realizes the sleeping giant awakening. You won't be successful with this one unless you play the long game early. After it reaches $0.06 or so crowds will Begin to come. Good luck!