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29197700 No.29197700 [Reply] [Original]

I sold 20% of my ETH at $750 because I fell for the risk management meme

>> No.29197753
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29197753

>>29197700
So.....do you feel less risky?

>> No.29198002

>>29197700
What do you mean by risk management meme?

>> No.29198020
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29198020

>>29197753
Not really. I have a lot more money in crypto now. Sometimes I wish I had no risk management... Would have made it by now if I just had held on to all my crypto. But hindsight is 20/20 I guess..

>> No.29198102

>>29198002
Not being over-invested in a single asset (class)

>> No.29198128

>>29198020
Exact same scenario. Risk management is great when the risks play out, other than that you just cuck yourself. Lost 100k due to selling half my ETH at $1000

>> No.29198260
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29198260

>>29198002
Cash out now! Tether up! Crash is imminent! Don't say we didn't warn you! This is a bubble! Hedge!

>> No.29198365

Imagine selling during the bull market while we are still above the 20 week ma

>> No.29198466

>>29198102
Oh, I forgot there are other asset classes besides crypto, kek. For me risk management is to gradually dump mooning shitcoins into eth and/or btc.

>> No.29198495

definitely sounds like a shill, fucking nibba scum

> are you thinking we are dump retards here?
>I got bot ocean tokens and wait for full system for dex trading launch

>> No.29198645
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29198645

you didnt fuck up as bad as me, I accidentally closed my 20x leverage btc long ~$23k because I thought I had units set as usdt but they were on btc I would be out of 5 figure hell by now

>> No.29198694
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29198694

Frame it this way, 99.9% of normies couldn't tell you a single thing about cryptocurrency. We've got a while before widespread adoption and mindshare. Modern usable blockchain implementations like cryptocurrencies are still nascent and futuristic as fuck stuff and we've yet to have that facebook moment that gets it in normies' lives where they can make accessible use of it. None of that "crypto bit coin mount gox thing" shit counts.
Just keep your money in. Investing in crypto -- even BTC, even in 2021 -- is like getting in AAPL or MSFT at their IPOs or shortly thereafter

>> No.29199833

Arrggh. Stop crying. Have a look @ FUN & LINK for stabler alts

>> No.29200182

>>29197700
Don't worry 77Dub0 Dogg. I sold 100% of my eth at $1100. Yes, we're both retarded, but still, I believe we'll make it.