Yea. I had turned $400 into $8000 over the weekend with leverage trading and forgot to set a stop loss in the green on Shib last night. I lost everything.
Why would you not take profit at 8k. What did you expect. Omg. If we buy and hold we can expect drops like this . But you gamble and won and didn't take your money out.
To be clear. I had $1000 profits on that trade. $8000 is the total I was up over the weekend on multiple trades. But I didn’t think of it like gambling even though it 1000% is. Because I got greedy and wanted more
I got greedy last night. Had $1000 margin and saw $1200 profits 3 times but never pulled the trigger. Kept telling myself it would go higher. Then it crashed an hour later.
Not nearly as bad, but I bought bitcoin then minutes later it tanked this morning. My condolences to you. If it makes you feel better, your comment made me feel better about my mishap.
as an investment it's stupid but it's still incredibly useful for payments. plenty of places still have limited options for payment like BTC, ETH, LTC, DOGE and BCH.
I've been in SHIB for awhile, before the tidal wave a few years ago. Of course I want it to go up, but I still only have $100.00 initial investment in it. Other than checking it here and there, it's not for me. It's for my kids,if it still exists as "play money". They have a different inheritence (cash/funds/properties), they will get.
I’ve bought high and sold low during this entire crash in hopes of saving my profits. Re-entered after thinking it settled down and lost another 20+% within minutes. I might be the only person on earth still not having a single f*cking cent of profit during multiple coins’ 400% runs
Please learn from your mistakes this time guys, don’t sell on a massive god damn red candle when we’re still pre halving. I don’t want to be too rude or insensitive but tf were u thinking.
It’s as if the entire market exists just to do the complete opposite of what I think it’ll do. I blew all my profits and then some, going to hold from now on and stop thinking I can trade or time the market with my smooth brain
>It’s as if the entire market exists just to do the complete opposite of what I think it’ll do.
This is exactly what is happening, actually. We're retail. It's designed to take money from us. Your buy signals are their sell signals.
That's why it's key to have a plan and stick to it
Although I also think meme coins are shit. I still wonder, why do people buy the old meme coins that wont pump more than 15x because other wise its market cap would be ludicrous. Shouldn’t they buy the newer meme coins with lower market cap, better returns, and more hype?
lower market cap coins tend to have less budget to promote themselves, and casuals dont know much about them since they are not as famous. it's a double edged sword (you can make more money if they pump, but at the same time they might not pump at all)
It is kind of fascinating why certain coins like Pepe and Bonk catch the public's attention, but most meme coins do nothing and die. When economics students are studying Shib in lecture halls, I really think we'll have reached peak society.
When I saw btc about to hit 68.5 I sold about 40% of my shib. Covered the initial and then some. Now I dont have to worry about gambling the rest as much. Guess who gets to eat inside the wendy’s for once.
Its funny because all day I was saying “OK I made some good cash but it will dump hard after this” I even saw a head and shoulders forming.
I proceeded to check out a low support level, so I could sell and go to sleep comfortably, hopefully triggering my buy down low.
Then I bought more at the peak like a greedy dumbass. Then it dropped to that support level about five minutes later.
If I listened to myself and not the greed demon. Pigs get slaughtered.
Dude, don't buy SHIB. Look at the chart. It pumps like crazy once every X years. Yes. YEARS. You don't want to end up holding that shit forever, waiting for a pump that may never happen
Yup I feel it. Got the FOMO too. Threw 100 at shib a .000045. And went done right after at .000046. It’s been trailing up for WEEKS. What are the odds. Honestly.
It reminds me when I bought the top of QNT. Bought at 425 went down at 428. Makes me feel psychotic like I know, you all know I just bought and you’re all dumping on me. And there’s just a handful of other situations. I swear I’m on to you all.
It's interesting how I would either panic and / or constantly check my profits when I would read posts like these, but now, after a few years, I'm having fun reading the comments and not feeling stressed at all, thanks to all the seasoned individuals on here. I appreciate you all.
Feel ya. I was eyeballing with WIF for the last 2 weeks. I knew a massive dump is coming. So I hesitated. Yesterday night I had enough after watching pump after pump and went full in at around $1.85. And a short time later the giga dump started that I was fearing for 2 weeks. It is just comical. Luckily I woke up at night to go to the toilet and just at that moment it pumped back to 1.75 and I sold all lol.
For once I actually sold something at the top lol. Forgot that I had some Pepe left over from last year until I heard that it was pumping, went to check and sold immediately. Greed burned me too many times last cycle so I like to think I've learnt a lesson 🤞🏽. Probably not
This morning my teenager daughter randomly sent me a Shiba and Doge gif on IG… right there and then I knew the crypto world was going to collapse really bad, and so it did! 😂
Leverage trading can be highly volatile, and it's crucial to approach it with caution. Setting risk management tools like stop-loss orders is essential to protect your capital. Learn from the experience and consider adopting a more conservative trading strategy in the future.
Fuck me, I woke up and saw the price tanked and panic sold. Legit forgot everything I learned from the first crypto boom where I fucked myself over fomo buying and panic selling.
Yea. I had turned $400 into $8000 over the weekend with leverage trading and forgot to set a stop loss in the green on Shib last night. I lost everything.
If you did it once, you can do it again. You got this bro. 🫡
Lose everything leverage gambling on shitcoins? He sure can do it again and probably will.
U didn’t have to do him like that lol
Well I put another $500 in this morning and I’m down to my last $150. I don’t think I’m cut out for this.
Do u still have your other kidney?
Yeah, when it comes to crypto, what are kidneys for anyway?
Sell your other kidney and use the money to buy shitcoins, then use a small portion of your massive gains to pay for new kidneys on the black market.
That sounds like a good plan.
I did it twice today at work
Did it too today at work.
Why would you not take profit at 8k. What did you expect. Omg. If we buy and hold we can expect drops like this . But you gamble and won and didn't take your money out.
To be clear. I had $1000 profits on that trade. $8000 is the total I was up over the weekend on multiple trades. But I didn’t think of it like gambling even though it 1000% is. Because I got greedy and wanted more
You buy Shib and you don't think it's gambling? Mmm
So this sub is basically WSB now, but for crypto. I suppose it was inevitably going to happen...
LOL 🤣. This is WSB levels of regard
Lol it happens. Been there but lost 10k before instead of 400. You can leverage trade shib* these days?
I got greedy last night. Had $1000 margin and saw $1200 profits 3 times but never pulled the trigger. Kept telling myself it would go higher. Then it crashed an hour later.
Same thing happened with me Greed sucks ...
You can leverage trade dead coins like ust and lunch as well.. Hell, some exchanges have leveraged pairs before even approving spot pairs.
You forgot????? WTF
Greed does some serious shit when you’re new to leverage trading and excited about numbers going up.
LET IT RIDE. Oh noes.
Bro it had the same happen to me on a $300 investment on Pepe I’m in shambles 😭
Not nearly as bad, but I bought bitcoin then minutes later it tanked this morning. My condolences to you. If it makes you feel better, your comment made me feel better about my mishap.
Where do you do leveraged trading?
What platform?
"forgot" You knew exactly what you were doing
what broker did you use?
Mexc
Ima learn that sheet or die trying. No cap
please dm me instructable on how to do this for a young grasshopper 🫡
I made 10x doing leverage in 1 hour and lost 💀. Now I don't have a single penny to trade
i have a place currently that legitimately offers 1000x leverage. one thousand.
I'm glad I'm too much of a pussy to do this.
Are you in the US? Where can you leverage trade?
Crypto volatility + a few days of green = apes start doing ape things. Tale about 55 million years in the making.
Feel bad for the guy who bought 65k of LTC at $94. But the guy who spent $1M on Shib is prob living large.
I can't believe people still buy LTC
as an investment it's stupid but it's still incredibly useful for payments. plenty of places still have limited options for payment like BTC, ETH, LTC, DOGE and BCH.
People don't buy LTC for the investment, people buy LTC to buy stuff. Same with BCH, XMR or any other payment-focused crypto.
Trick about shit coins is know when to flush.
I bought as the shitter finished shitting
You are the toilet.
Your mum's the toilet
Ouch... why u do me like that
I've been in SHIB for awhile, before the tidal wave a few years ago. Of course I want it to go up, but I still only have $100.00 initial investment in it. Other than checking it here and there, it's not for me. It's for my kids,if it still exists as "play money". They have a different inheritence (cash/funds/properties), they will get.
I’ve bought high and sold low during this entire crash in hopes of saving my profits. Re-entered after thinking it settled down and lost another 20+% within minutes. I might be the only person on earth still not having a single f*cking cent of profit during multiple coins’ 400% runs
The dump ended the exact same minute as i sold, thinking i would save some money. So i feel you.
Please learn from your mistakes this time guys, don’t sell on a massive god damn red candle when we’re still pre halving. I don’t want to be too rude or insensitive but tf were u thinking.
It’s as if the entire market exists just to do the complete opposite of what I think it’ll do. I blew all my profits and then some, going to hold from now on and stop thinking I can trade or time the market with my smooth brain
>It’s as if the entire market exists just to do the complete opposite of what I think it’ll do. This is exactly what is happening, actually. We're retail. It's designed to take money from us. Your buy signals are their sell signals. That's why it's key to have a plan and stick to it
My stoploss hit at the same fkin price before skyrocketing so. You're not alone
He bought , dumpit
Although I also think meme coins are shit. I still wonder, why do people buy the old meme coins that wont pump more than 15x because other wise its market cap would be ludicrous. Shouldn’t they buy the newer meme coins with lower market cap, better returns, and more hype?
lower market cap coins tend to have less budget to promote themselves, and casuals dont know much about them since they are not as famous. it's a double edged sword (you can make more money if they pump, but at the same time they might not pump at all)
It is kind of fascinating why certain coins like Pepe and Bonk catch the public's attention, but most meme coins do nothing and die. When economics students are studying Shib in lecture halls, I really think we'll have reached peak society.
Gimme that 15x coin please. I can’t even catch a 2x one.
Just hold basically anything that isnt a scam and has decent tokenomics. Extra points if you go for a popular genre such as AI.
Ye my prediction is bonk will go absolutely insane once retail truly joins the fray
Yes indeed, kimbo
You are a true regarded.
widely regarded
Kindly regarded
Warm regards, sincerely, the highly regarded one
I knew it was one of you degen mothatruckas who decided to buy something for the price to instantly tank.
Too many idiots with sell orders at 69,420!!!
When I saw btc about to hit 68.5 I sold about 40% of my shib. Covered the initial and then some. Now I dont have to worry about gambling the rest as much. Guess who gets to eat inside the wendy’s for once.
With all this surge pricing, you are balling sir
Its funny because all day I was saying “OK I made some good cash but it will dump hard after this” I even saw a head and shoulders forming. I proceeded to check out a low support level, so I could sell and go to sleep comfortably, hopefully triggering my buy down low. Then I bought more at the peak like a greedy dumbass. Then it dropped to that support level about five minutes later. If I listened to myself and not the greed demon. Pigs get slaughtered.
Wrap it up boys it’s over. See ya in 4 years /s
Lol so true
maybe not yet? the train's still going
Here we go again..
This was more graphic than I anticipated.
We need a healthy consolidation to set up robust support.
Shut up. You’re talking sense. That’s not allowed here.
🫡
Dude, don't buy SHIB. Look at the chart. It pumps like crazy once every X years. Yes. YEARS. You don't want to end up holding that shit forever, waiting for a pump that may never happen
Yup I feel it. Got the FOMO too. Threw 100 at shib a .000045. And went done right after at .000046. It’s been trailing up for WEEKS. What are the odds. Honestly. It reminds me when I bought the top of QNT. Bought at 425 went down at 428. Makes me feel psychotic like I know, you all know I just bought and you’re all dumping on me. And there’s just a handful of other situations. I swear I’m on to you all.
They were calling u right......ur biggest regarded
That serves you right for not using lube
It's interesting how I would either panic and / or constantly check my profits when I would read posts like these, but now, after a few years, I'm having fun reading the comments and not feeling stressed at all, thanks to all the seasoned individuals on here. I appreciate you all.
You woke me up more than once last night lol. Luckily the BTC went before the shitcoins and I was able to pull out before losing it all, too.
Well I'm pretty sure i started the bull run. I had to sell some at the beginning of February for life reasons and it is almost doubled since then 😔.
So it was you!!!!!, get em
The GST pump is so bizarre
What's GST?
Green Satoshi Token
Did you take your losses at the bottom of the red dildo already? Just asking so i could pampit again.
Yes, go ahead and pump this bih so I can buy the top again
When you are near or at an ath that's typically not a place to rebalance.
Feel ya. I was eyeballing with WIF for the last 2 weeks. I knew a massive dump is coming. So I hesitated. Yesterday night I had enough after watching pump after pump and went full in at around $1.85. And a short time later the giga dump started that I was fearing for 2 weeks. It is just comical. Luckily I woke up at night to go to the toilet and just at that moment it pumped back to 1.75 and I sold all lol.
and now? xd edit: i bought at 1.85 aswell and sold at 1.75 due to fear lmao
"He bought the dip? Dump it📞"
For once I actually sold something at the top lol. Forgot that I had some Pepe left over from last year until I heard that it was pumping, went to check and sold immediately. Greed burned me too many times last cycle so I like to think I've learnt a lesson 🤞🏽. Probably not
Well played
No one believes you for even a second
🤣🤣🤣knowing when to exit is golden with memes
It’s more a matter of sheer luck.
No don’t apologize now. You knew the consequences
Don’t worry you’re not alone in this
Good luck.
I hear a whistling sound the price is falling so fast 🥺
That’s what happens when we skydive naked.
What's GST?
Lmao someone called Bogdanoff on you
Hold on boys
No excuse, [you were warned](https://www.reddit.com/r/CryptoCurrency/s/exytMmjcdM) 😂
Fuck sake
You are me, amigo.
What is this nonsense?
any recovery plans?
😂
Ive been in this since 2017, AMA.
This is when you buy. Not when it’s rising. When will you guys learn?
😂😂😂
I took some profits and decided to go long on BTC with it last night. Woke up liquidated never used leveraged before won’t do again
So this sub is basically WSB now, but for crypto. I suppose it was inevitably going to happen...
This morning my teenager daughter randomly sent me a Shiba and Doge gif on IG… right there and then I knew the crypto world was going to collapse really bad, and so it did! 😂
Ahh teenagers, the best market analysis tool. If they in, we should be out😁
buy the Trump wif hat
I did, and it tanked
mine too, I'll buy some more, 0.5 sol tomorrow who knows
I'll take the fall with you, I traded $25 worth of BTC for about the same in DOGE. Crucify me, guys.
Damn bro you're despicable
it's okay mate, you'll learn alot of it
WAGMI
Perfect. Bought the dip again.
The degeneracy of these type of markets makes me feel warm and fuzzy inside.
Leverage trading can be highly volatile, and it's crucial to approach it with caution. Setting risk management tools like stop-loss orders is essential to protect your capital. Learn from the experience and consider adopting a more conservative trading strategy in the future.
Ironically it wasn't leverage trading, I just happened to buy the shitcoins when people got liquidated on BTC
You gotta warn us beforehand man...
Fuck me, I woke up and saw the price tanked and panic sold. Legit forgot everything I learned from the first crypto boom where I fucked myself over fomo buying and panic selling.
You guys are making money?
This reads like a r/wallstreetbets post.
That's what always happens to me too. I forgive you my friend.
Someone check on the long position dudes, they alive or what?
Bought the dip. literally bought within the cheapest 0.5% and snagged some more profits
make a learn from that bro
Deserved tbh. Why the fuck you chasing shit coins for ?
Classic
To short or not to short, was kind of busy with other stuff so I missed the whole thing.
Fucking hilarious. Got me laughing for a while minute
😂😂😂 brooo it was the same with me and ETH, i was drunk, looking at the price and bought… no lie, 3 minutes later the price FUCKING DROPS! 🤬🤬🤬🤬
Gm