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Saturday, September 25, 2021

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Domov Reddit It's taken me a couple days to come to terms with making...

It’s taken me a couple days to come to terms with making the biggest financial mistake of my life. Let me add to the pile of “don’t make the mistake I made” posts around here.

Over the course of the last 5 months I became a crypto market master. I managed to turn about 2k into just over 10k. Legit was celebrating my awesomeness like a week ago as my portfolio officially cracked $10,000.

I fucked up. Bad.

I made a leverage call on Ethereum at 4,000 expecting it to go back up to 4,300ish and to cash in, again. But I was sloppy and I forgot to set a stop loss price. I spent the next week chasing my own tail down a rabbit hole of losses trying to hopelessly save what I could. Before I knew it, liquidated, boom, zero. This happened so fucking fast, it feels like a year since it happened but it’s still this week.

I’m sitting here with (thank God) the 1 ETH I staked and some change in BTC (like $400). The rebuild has begun. It hurts, bad. No one to blame but me. It’s hard to not blame Elon, China, or whoever but it was my mistake.

And all it took was one.

With that said, time to get to work rebuilding, I know I’m not the only one, and there is something therapeutic about coming to a space that you know is going to say “I told you so” and just owning up to your mistake.

So my name’s Dave, I lost everything to a sloppy leverage play, I’m starting back from zero, who’s with me?

-edit- Ok technically not EVERYTHING, since I had something staked.

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