Be poorfag

w8t4u
w8t4u

be poorfag
miss ETH and Monero moon mission
buy 40 ETH with 4x leverage on Kraken during small dip to at least get something
get drunk
check Kraken a few hours later to see how's it going
+28%
if I'd sell now I'd get ~350€ profit
still drunk
think it'd be a good idea to buy another 100 ETH with 4x leverage
1 hour later
total P/L: -130€
realize I fucked up
sit infront of monitor sweating for an hour to wait for a local high to sell
3€ profit in the end

Well, sometimes I hate myself. At least I didn't lose anything. What should I do now? What is the next big chance to make some profit? Which coin will spacetravel next?

likme
likme

ETH still going up bro. It will hit 50 dollars for sure.

lostmypassword
lostmypassword

But when? At the moment it keeps going down...

Playboyize
Playboyize

Is it though?

Methnerd
Methnerd

How the fuck did you fuck up so badly?

TreeEater
TreeEater

Yes, at the moment the tendency is downwards...

Skullbone
Skullbone

Just like I said, I got drunk and stupid...

Nice trips of luck btw.

SniperWish
SniperWish

be poorfag
use leverage
short-term sell

you'll never make it

BunnyJinx
BunnyJinx

The past is irrelevant. At the moment it seems to be leaning more downwards than upwards.

Ignoramus
Ignoramus

Do trends actually apply to something as unstable and volatile as crypto?

Dreamworx
Dreamworx

To a certain degree yes, even though it's much more likely to do unexpected stuff.

Sir_Gallonhead
Sir_Gallonhead

fine don't make any money. IDGAF. But dont start crying when it climbs up again.

TalkBomber
TalkBomber

if you knew anything about chart patterns you would see this is a typical FLAG formation

Supergrass
Supergrass

What should I do now?

don't mix alcohol with trading
sell at 350 profit and then get drunk

Nude_Bikergirl
Nude_Bikergirl

The past is irrelevant.

That's a fucking retarded way of looking at things.

You can't just pick an arbritrary point of reference to decide where your trend line begins.

Look, I made it an upward trend, the past is irrelevant!

Evilember
Evilember

Well, I now bought in again at the dip and it seems to be going pretty well...

BinaryMan
BinaryMan

Looks sideways to me.

Trends apply to everything, although with crypto they're probably less reliable.

viagrandad
viagrandad

i lost much more than you before i got the hang of it op. the real value is in the experience you made, not the money you gained or lost.

VisualMaster
VisualMaster

I also found a trend

ZeroReborn
ZeroReborn

Pretty much this, someone who know basic understanding of chart pattern will immediately see a flag pattern on ETH. Meaning it's a good chance it'll be uptrend.

But then again, this is cryptoshit, logic and common sense doesn't work here.

iluvmen
iluvmen

They work more-so. If you've played large caps and migrated to small caps you'd notice that trends become far more extreme the lower the MC. So with an MC this small the trend has just begun. This could potentially be a flag for an actual breakout on relative volume. Just watch for the volume. If it starts to drop then it will fade, but if volume is strong, you're looking at a phat upside. god these phucken newbs.

VisualMaster
VisualMaster

Lol xmr is guaranteed to go to 0.03 desu imo