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55082986 No.55082986 [Reply] [Original]

Basically title. Just found out I got liquidated for $20k and I have $20k left in eth right now. I don't want to 'make it back all in one trade' as that was the mentality that made me open this position with a relatively low leverage because I had missed half the run up a couple months ago. Clearly I sized up too much and never expected prices to drop that much. Horrible risk management. I don't think I ever want to touch leverage again.
Also don't tell me to just hold what I have till I get a 2x again, because I'll still be down half my coins.
So, what's the play here? Narratives on alts for 10-20% swings? Do I need to map out a proper trading or risk management strategy? Is the shitcoin casino still a thing or is meme season over? Is it a mix of all of them?
I don't want to blow up the rest of my net worth revenge trading or aping into memecoins, I'm barely holding myself together after losing so much money. I can't ask on twitter because I have no followers. I don't know any telegrams where I could talk to people. Please help me, /biz/.

>> No.55082993

>>55082986
Son. Take it from an old man. Cash it out, and buy some real assets like a nice Global Equities Fund.

>> No.55082997

>>55082986
Do you need to find a way to make 100k in the next two weeks?

All fields

>> No.55083008

>>55082993
I'd rather keep on holding my eth, thanks.
>>55082997
Does this involve selling organs

>> No.55083320

bumping for financial ruin

>> No.55084272

Ahhhh fuck it's over for me isn't it

>> No.55084308

>>55083008
Hold your ETH. Take a step back and watch the markets for a month or 2. If you want to continue trading then paper trade for month. Just screenshot what you would’ve bought, and set a price target or time target. If you’re doing well picking winners on paper. Take trades at no more than $200 or 1%
If you hit a 10x on the crypto casino, you just added 10% to your stack, if you lose it all, it’s just 1%.

There’s plenty of gains to be made but don’t rush it

>> No.55084465

>>55082986
You are retarded for using leverage during the most manipulated time in capital market history pre everything bubble pop in the most manipulated market (crypto) in history. Should've just been patient and bought the bottom coming.

>> No.55084471

>>55084308
This risk management, is the 1% liner for all trades? I don't think I can 'trade' though as it's only gotten me liquidated.

>> No.55084617

>>55084465
i may be retarded but not falling for the marco larp

>> No.55084678
File: 1.03 MB, 3024x1518, Screenshot 2023-05-25 at 11.57.08 pm.png [View same] [iqdb] [saucenao] [google]
55084678

>>55082986

coindashy.com

you'd fit right in if you're a pathetic loser like the rest of that crowd over there.. always airing their grievances

>> No.55084858
File: 92 KB, 1198x607, BettermentDeadGrandmaPerformanceYTD23.jpg [View same] [iqdb] [saucenao] [google]
55084858

>>55082986
Put it in a diversified portfolio in Betterment / Wealthfront or something like that in a fairly long term goal so that it'll take advantage of the up/downturns through the next few years.

Late 2022 my grandma passed and I got about 35K, Kept 5k liquid as needed in my bank and the rest I put in basically 90/10 stocks/bonds w/ Betterment. Put in like about few months - it's holding and has given a fair run. With tax loss harvesting and all. Things gonna change fast - I just got a job so I'm gonna put shit in there soon.

Pic rel.

>> No.55084986

>>55082986
>I'll still be down half my coins.
come to terms with it. you were retarded enough to trade in the first place. market makers move the market where they want to take your money.

>> No.55085124

>>55084678
I'm not looking for sympathy even if it looks like I'm a massive faggot ITT. I actually want to do something different.
>>55084858
>I'd rather keep on holding my eth, thanks.
>>55084986
kek I'm getting there without becoming suicidal so that's a start

>> No.55085166

Normally I would tell you to go fuck yourself but you posted a photo of the crack.
Buy a coin named TAROT, it's on most chains. Stake it for over 60% APY without emmissions. Sell it when it eventually does a x10.

>> No.55085191

>>55082986
Buy a junior miners that you like. There's generational wealth to be made.

>> No.55085230

>>55082986
>I lost half of my money so I need a quick strategy to make it back

Bro, thats how you lose the other half of your money because this is the very kind of behavior that you into this mess in the first place. You start getting desperate and trying alternative "strategies", throwing caution to the wind, getting impulsive and impatient, making reckless decissions and taking unneccessary risks. This leads to even more losses and you get even more desperate and thats a bad cycle to get stuck in.

Its basic casino psychology. Just take the loss as a lesson and keep doing what you have been doing before since it seemed to be working for you before you went full retard.

>because I'll still be down half my coins.
Yes. Thats the reality of it. And its better than being down 100% of your money because you tried to "make it all back"

>> No.55085243

>>55085166
I'm actually already in tarot. Don't see it pumping hard till bitcoin breaks 30k again though and I'll still be down half in my coins. How it's clinging to 10 cents is pretty fucking impressive though.

>> No.55085317

>>55085230
>I lost half of my money so I need a quick strategy to make it back
I didn't say that though? Yeah, the reason I got liquidated was because I was impulsively revenge trading on a missed 30% move. Very tough lesson indeed.
What I was actually doing before was buying and hodling onchain projects, and poorly timing bottoms and tops on majors. I gained and lost a lot, but still outperformed ETH from the nov bottom.
The whole point of this thread was to ask where to get started with a community or if there is a way to get started with rotating narrative or flipping shitcoins/nfts.
Thank you for reminding me to stay cautious though especially with the mental state that I am in now. I appreciate the concern, anon.

>> No.55085415

>>55085317
>but still outperformed ETH from the nov bottom.
your gains were just luck, in the end you lost it all. the only thing you can do now is hold your eth for the next bull cycle. do not touch it and just create a rocket minipool validator with 8 eth, you can do it via allnodes.

>> No.55085520

>>55085317
>I didn't say that though?
You didnt, but given your mental state right now its the inevitable outcome even if you deny it. You are highly unlikely to make reational decissions. You are in a heightened emotional state and you are most likely to start make emotional trading decissions.

Thats what you did trying to revenge trade / FOMO trade a 30% miss out. And now you are doing the same thing trying to make back a 50% loss.

You are repeating your mistakes while expecting a different outcome. You are doing the same thing that got you into trouble to get out of trouble.

I highly suggest you take your time off trading to heal and accept what happened. Wait until you get clarity of mind and reconsider your investment choices or even your life choices. Maybe this the universe telling you to consider a different direction in life.

Hit the breaks and slow down because theres a 90% chance you are about to lose the other half too.

>> No.55085677

>>55082986
All tokens listed to Binance/Bybit start dumping around the twelfth hourly candle. Open a 4x short exactly at that moment using 50% of your margin. Guaranteed -15% over 48 hours, equally 60% in gains.
It's literally foolproof.

>> No.55085773
File: 240 KB, 660x743, retardhelmet.png [View same] [iqdb] [saucenao] [google]
55085773

>>55082986
My man, my advice would be to don't touch leverage trading until we get confirmation of another giga pump or dump, it's better to miss out on a small pump than be trapped in it. But you already said you don't want to touch leverage again so that was pointless lol
If you really want to build back your stack then PartyKartsToken can (maybe) help you with that, it's a microcap of the game Partykarts which was made by a /biz/raeli.
I totally get it if you don't want to take the risk buying it due to your recent experience, but other than leverage trading and buying microcaps there's really no way I know of profiting quickly in crypto.
Anyway, keep buying BFC and you will make it

>> No.55086849

It hasn't quite hit you how much you fucked up. You still think you can make it all back by trading lol. If I were you I'd exit the market and not visit this board for the next 6 months at least. Take the advice or lose the remaining 20k.

>> No.55086965

Stop thinking about losses, fag. Imagine 10k is your initial capital and you want to make it 40k eventually. That's it. Don't torture yourself. In any case the lesson here is that is easier to lose 10k than to make a 10k profit. Remember that every time you want to make a degenerate trade you homosexual piece of shit. No need to hurry
t. cognitive dissonance fag

>> No.55087043

>>55084617
Oh poor zoomer
Macro is the weather report. You don’t want to be expecting snow in the summer. Macro is more important than TA
t. candlestick fag

>> No.55087067
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55087067

>>55082986
Why is a washing machine in the kitchen?
Is that something amerimutts do?

>> No.55088028

>>55085520
>>55086965
Hmm, good food for thought. Thanks anons.

>> No.55088267

>>55088028
You had a lousy month, but aim to have a good year in profits overall, I suppose. No trader makes profits all the time
t. king of coping

>> No.55088329

>>55088267
I guess there's nothing much else to do when you nuke half your entire holdings, not just a trading account, kek. I'm actually trying to get into the mindset of yours that the other half was never there, now I can work from that.

>> No.55088522

>>55084308
"hold your ETH" you really need to have a big pair of balls to say something like that

>> No.55089526

>>55082986
What a poorfag! This is exactly what Utrust can solve if you can wait a little bit I know you are too dumb to do that

>> No.55089860

>>55083008
Onchain staking of UTK is a better idea or are you just dumb?

>> No.55090317
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55090317

>>55082986
Imagine holding ETH

>> No.55090558

>>55089526
>>55089860
People still use reply bots on /biz/ in 2023?

>> No.55092116
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55092116

>>55082986
>eth
You'll still get liquidated with those massive fees if you keep holding ETH.

>> No.55092779
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55092779

>>55082993
He can stack a little bit in cryptos too...

>> No.55092900

all on red

>> No.55092993
File: 2.56 MB, 7008x4672, 4SMPbwew.jpg [View same] [iqdb] [saucenao] [google]
55092993

>>55082986
Its not that hard to make 20k when you have 20k

>> No.55093023

There isn't much of a difference between $40k and $20k. Both are nothing. Get a job.

>> No.55093534

>>55090558
A dumb faggot thinking he knows all stop parading your ignorance

>> No.55093547

>>55082986
>I don't want to 'make it back all in one trade' as that was the mentality that made me open this position with a relatively low leverage because I had missed half the run up a couple months ago. Clearly I sized up too much and never expected prices to drop that much. Horrible risk management. I don't think I ever want to touch leverage again.
Don't be a pussy. You nearly 2xed.

>> No.55093647
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55093647

that's very fucking retarded. there's no reason to trade during these market conditions. up your general on financial markets before you do something else and watch benjamin cowen

>> No.55093822

>>55093023
t.europoor

>> No.55094682

>>55092779
based

>> No.55094698
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55094698

>>55082986
lmao this nigger has a washing machine in his kitchen

>> No.55094708
File: 2.52 MB, 493x498, surprised-pikachu.gif [View same] [iqdb] [saucenao] [google]
55094708

>I cannot BELIEVE the price went down 20% after going up 50%! How is this possible??
>yfw

>> No.55094723
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55094723

>>55083008
Why stick ETH with its insane gas fee when you now have the opportunity to earn up to three ride tokens daily through their staking activity.

>> No.55096504

>>55093647
Kek

>> No.55096591

>>55082986
Yes meme coin casino is still a thing. Im not shilling a token, this is a telegram of a small group of people giving advice on shitcoins etc. t(.)me/armyofshills

>> No.55096630
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55096630

>>55082986
Anon, You've got to consider money management and try to get the most trending assets in the market to keep profiting. Tokenmetrics AI-powered platform has been my go-to place when it comes to getting the right coin to trade.

>> No.55098976

>>55094723
The expansion of gaming ecosystem is coming more bigger, can't wait to play Cloudbreakers and own Skyjack NFTs.

>> No.55099014

>>55092116
Migrating to POS was the dumbest shit that ever happened, for now I'm cool with a quantum resistant blockchain where gas fees are fixed.

>> No.55099225
File: 3.03 MB, 1280x720, blackswan running on windows.webm [View same] [iqdb] [saucenao] [google]
55099225

>>55082986
Buy 20k worth of blackswan and wait a month.
Its an AI trading bot coin. More info on the website.
ca:0x888742ecd2334d26db6015c913f51809a9158bb6

website: B L A C K S W A N . B I Z

telegram:t me/BlackSwan4IPortal

replace 4 with a

>> No.55099975
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55099975

>>55096630
That is why I always prefer to generate passive income, to avoid this, since I will always have money no matter what happens

>> No.55100346

>>55087067
>>55094698
I just noticed that kek

>> No.55100350

>>55096591
Thanks anon, will join.
>>55099225
I did say in my OP that I didn't want to be shilled shit but this is quite interesting. A lot of decent people I follow seem to follow the twitter account too. Will check it out, but the top wallets look sus.

>> No.55100393

>>55082986
get cucked for being a stockie
stockie stockie lose money in tradie, cope cope suicide :(

now do something more productive than pretending to be a numbers god like all the other stock cucks

>> No.55100436
File: 11 KB, 204x247, IMG_20230523_180957_422.jpg [View same] [iqdb] [saucenao] [google]
55100436

>>55099975
This

>> No.55100708

>>55090317
NGMI

>> No.55100729

>>55082986
all in soxs

>> No.55101212

>>55100350
What do you mean top wallet is sus?

>> No.55101766

>>55101212
lots of wallets holding 1%~ of the supply that were recently funded from CEXes

>> No.55101777

>>55087067
Look at the power outlets that's not the US

>> No.55101781

>>55082986
>it will NEVER go up that much!
>it will NEVER go down that much!
im just here to say lol

>> No.55101785

>>55082986
>with a relatively low leverage
how much is "relatively low"? how much leverage were you using?

>> No.55101805
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55101805

>>55082986
Ngmi with ETH. That's all I'm going to say.

>> No.55102137
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55102137

>>55082986
That $40k was just your crypto portfolio that's a small part of your overall folio', right?
You didn't have total $40k in assets and leverage gamble with half of it, right?

>> No.55102783

>>55101785
4x, in hindsight that is not low.
>>55102137
Nope that's probably why I ended up like this in the first place

>> No.55103503

>>55082986
washingmachine

>> No.55103636

>>55084465
Yep, this is what I am doing rn, x3 leverage to sell short some shit coin, today is the top, isn't it? Really, none of this stuff can put a 30% out of nowhere, isn't it? Tickers ordi ladys sui

>> No.55103672

>>55085166
>buy the impermax clone at $15M TVL by ameriburger coward instead of the og impermax at $5M TVL by italian chad
this is why you fatties keep losing money
look how well this went for sushiswap. token down the crapper while "devs" pillaged the treasury
if you want to gamble on muh ameriburger marketing, you might as well go fullspeed, buy NFTs and memecoins before they pop

>> No.55103677

>>55103672
>TVL
FDV*

>> No.55103696

>>55082986
Is he larping as lupin the third? Why are his pant legs so fucking tight?

>> No.55103856

>>55082986
I tried day trading DOGE during Elon Musk's Twitter DOGE pump frenzy a few years ago. Lost 2500 in 30 minutes. Never expected the prices to jump and fall so fast and hard. You'll get over this loss in 1-3 years. Especially if you punish yourself and go full-on conservative with your trading. Really do the homework on each trade you make.

>> No.55104003

>>55103636
Careful, I got liquidated on LADYS like 2 weeks ago, shit was pumping while everything was dumping - hard.
Actual bobo genocide.

>> No.55104025

Shitcoins can just start pumping at random because of an announcement or because of pump groups, you should use stop loss at 50% in that scenario. Also only use 50% of your margin.

>> No.55104051

>>55104003
This was just pure greed desu, I already shorted the listing dump and made out with 30% profit. Impatience is your worst enemy.

>> No.55104257

>>55098976
>The expansion of gaming ecosystem is coming more bigger
I agree with you anon. The upcoming RiskFi model on Goons of Balatroon is also a testament to that.

>> No.55104270

>>55101805
ETH is still based, but UTK, RNDR, and OCEAN are solid blue chips to hodl.

>> No.55105153

>>55104270
This

>> No.55105816

>>55082986
Follow the trending narratives, DID and AI are top notches.

>> No.55105841

>>55102783
you got liquidated at 4x? so you were trading altcoins then?

>> No.55105868

>>55103672
Heard the NFT season is coming back soon and sylo have released its NFT collection, seekers. Is the long anticipated NFT season now closer?

>> No.55105880

>>55105841
Never a smart move to sleep on HBAR, ORE and AVAX.

>> No.55106184

>>55083008
Holding my Eth for the bull run while I continue staking my NXRA on Fundrs for KREST and LEOX presales.

>> No.55106535
File: 170 KB, 360x346, 1660479960996921.gif [View same] [iqdb] [saucenao] [google]
55106535

stop trading dumbass. with a loss like that your literally gambling

>> No.55107056

>>55082986
your only real option is to hold until the next bitcoin halving cycle peaks and try to time the top. Anything else is max risk.

>> No.55107100

>>55082986
Unironically go all in WAIFUAI
You're just in time to get 1% of the total supply (mkt cap is $1.5M right now). Legit project, by legit biztards.

https://www.dextools.io/app/en/ether/pair-explorer/0xbd7c11919ce3cca81461f8708cd698529f3089f5

https://www.youtube.com/watch?v=yP6wTfLKOP4

>> No.55107969

>>55107056
how is this any different from just hodling

>> No.55107984

>>55084678
redditdashy

>> No.55107996

>>55082993
Buy some government bonds and low risk assets.
Invest in good companies with hard working staff

>> No.55108042

How did you just get liquidated with low leverage? Did you just open a long at $30k weeks ago and go into a coma?

>> No.55108102
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55108102

>> No.55108108
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55108108

>> No.55108115

>>55108102
>>55108108
Which one is the best trader and why?

>> No.55108151

>>55108115
Clearly >>55108108 is the best trader since he has a pair of irons ready to do the job in half the time, saving some time to do more trading and being alert of market movements in general