Crypto 360°

On November 22, I wrung my sweaty hands together as I watched the chart. I have been watching it every day, every 15 mins, 20 hours a day for days.

The bar chart suddenly showed a turn around and a strong sell at only 18.7K! This can’t be right I screamed in my head, maybe I should dump it all now and just save my ass! The depth chart still looked promising though, showing an even number of buy/sell blocks. I was perplexed and overwhelmed.

5 Days earlier I had invested over 9k in bitcoin, buying in the mid 17k range. I was hedging the 20K resistance and was determined to make my fortune.

Back to the 11th, luck turned my direction and the next day it soared! I watched intently on 1 and 5 min intervals, Wait for it, wait for it, check the depth, wait ... SELL IT ALL! All of it gone in the 18.8k to 19.0k range. The price continued to creep up even though every chart indication was that huge dump was coming.

And there it was, the perfect storm. For the next two days it sunk like a rock. And I was greedy for more. So there I was, buying even amounts all the way down. 18.3, 17.7, 17.2. A completely bat ass crazy move to be buying right now, but my buys went through in seconds as people flocked to dump.

It went to 16.5 and bottomed out, blood in the streets, people crying about how they lost so much money. But for the next three days nothing but a steady climb. By this time I had only slept about 4 hours a day for a week. I was afraid to leave the charts, and again I started selling it all off, but I panicked and sold in uneven amounts this time, (my biggest mistake) largest ones first, 18.3, 18.7, 19.3. I decided to keep my last .6 bitcoin as that’s where I started on that exchange. Exhausted, I wanted to just look at my pile of cash and call it quit.

Once I put it in the spreadsheet, I was on the verge of despair. This CAN’T be true! $1400? A whole week of shock and worry, lack of sleep, 20 hr days, not to mention enormous risk, and this is my “fortune”?

Granted 14% in a week is not a bad take, and I cleared out a LOT of future capital gains at 0% which will help.

But if there is one thing I learned from this whole mascaraed, it’s that there is only one way to play this game, HODL people. No more speculation for me.

submitted by /u/mytvwatchesme
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source https://www.reddit.com/r/btc/comments/k7jc8c/a_prethanksgiving_bitcoin_day_trade_story/

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