/biz/, I just lost $600 shorting BTS.
I kept shorting more as the price rose.
Eventually, realized it wasn't worth the risk, and walked away with the loss.
Doing well otherwise. But I wanted to hear ya'lls worst trades and how you handled it. What strategies are using to using?
What dumb mistakes have you done
>inb4 didn't buy enough ETH
OP here,
A mistake I made at the beginning , about 6 months ago, I was reading all I could about crypto.
I thought XMR was the way to go. It had a real use. I didn't understand the real-world applications of ETH yet.
At this point, XMR and ETH were at the same price. I sunk about $2000 into XMR at when it was about $12 each.
If I had just done more digging :/
>>2036405
I lost 40 btc shorting dash which was 80% of my life savings
>>2036405
I did this a couple days ago with ETH and had to buy back at a higher price and lost 7 of them. I deal with it by being super depressed for a couple days and sleeping a lot.
>>2036581
Holy shit. How'd you end up doing that?
Proof?
Ah yes the old 'buy high sell low' strategy
>>2036410
I'm exactly the same position.... but with monero hovering around 30, it's hardly a failure
>>2036593
>depressed
>7 ETH