Why I dont day trade... God what is f***** wrong with me ?

in xrp •  7 years ago 

Well thinking I was going to make the greatest move of my life by taking profit on TPAY and buying XRP yesterday, what happens ?

It is almost like the crypto gods are watching me and me alone, there is nothing that I can do in this game that is right. Everything I do is a complete and utter failure. Man I am going to go back to hodling everything until it is worthless. XRP is not even 1/3 of its all time high, why is it retracing already? After 5 years of trading off and on, I still don't know a bloody thing.

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I know what you mean! We just have to learn how to trade better!

I should have just held onto all my token pay. But after 3Xing my original investment, I was hungry to take some profit.

A lot of my money is stuck.. But you dont lose until you sell... sooo hodl for now... learn to trade with demos

Me too, I am still down 80 percent overall. I bought in for 40k in December ( 10 different coins), that was why I was so hungry to take profits on tpay. I lost, lost, lost and finally won a bit and thought it was a good idea to spread my money out a bit.

$40,000 USD? We definitely need patience for these current market conditions. Dollar Cost Averaging would have been a good bet.. we just have to learn

I was working 7 days a week up to 16 hours a day at my seasonal job, so I didn't have time to look at the market. The second I got done for the season I dumped everything, sadly it was a t the peak. I emptied my savings account, sold all my belongings, maxed out my credit cards and now I live in my car lol. Talk about a retard.

40,000 cad, but still. That's a heap of money for someone that makes $20.hour

That's an insane amount of money.. have patience... look into a guy called "Coin Mastery" on YouTube... This guy gives the most informational fundamental analysis Monday-Friday... Dollar cost averaging he suggests is to invest your money over a period of time, either weekly monthly daily, what ever. just a period of time. He doesnt sell anything or make you buy certain coins. he just gives information. its a great resource... check him out

Cool Cool. I think I may go back to just shutting the computer off and holding what I have. Originally all I was trying to do was turn 40k in 55k so I could buy a camper I could live in. I thought it was going to be pretty easy hearing all the guys turning 1k into millions I thought I should have been able to turn 40k in 55k in a couple months. Guess not, lost 90 percent of it. lol. Now I live in my escape

Not looking so bad now lol