Mood is gloomy for another red day. Doesnt look like were out of the woods yet. Plus bad news all over town. 17,000,000 XRB (Nano) stolen off of Bitgrail? And theft rumors?
Yesterday was good. LSK went to the moon. XRP performed better. Some other small coins too. Today is, meh. I made several bad decisions before I went to sleep (again) and overnight my position went down.
- LESSON: #FOMO is strong. Get away from the green things just because they're green.
- LESSON: Be strict with stop loss. Don't tell yourself that its gonna get better soon. Now I know about market circling and stuff, but the money you can make in the days that you have to carry your bags will probably be the same (or more) as the money you can make from #HODLng.
- LESSON: Same thing with with your wins. If you're not banking on the trade analysis or long term investments, dont tell yourself that its gonna go up some more.
- LESSON: Spread your trades to several coins. Some will win, some will lose, but your batting average is bigger.
- LESSON: In these dark times, the game is to preserve your coins. Do not trade in shitcoins. That way, if you do end up holding, you can expect better days.
So anyway, I was thinking, I wanna walk away from everything today. Its Sunday, the market is down, and I'm going out and have some coffee