Quantity matters in crypto

 November 24, 2021 Article no: 89

Greeting Guys

Sorry Guys, today I wasn't able to visit your articles. Please accept my appology. Thank you (:

I hope you all are having a fine day. I am also doing well. Just woke up today with zero thoughts. Because my mind is frozen because of coldness. My roommate is very annoying and before sleeping he was forcing us to turn on the fan because he was saying, I am using medical creams for a fair look and that’s why I need the temperature cold for it. So, we just compromise with him and we agreed to turn on the fan. At night time temperature was normal so I sleep very peacefully. But when I woke up for prayers at around 5:45 am I wasn’t able to move my legs and hands because of the cold. When I saw my roommate, he was also hiding under the blanket. I didn’t bring a thick blanket from my home yet that’s why I was feeling cold a little bit extra. Hehe, btw, I just woke up and I turn off the fan. After that, I feel relaxed. After taking bath I realized water seems like ice hihi ahh still, I did my Wudhu with cold water and I offered my prayers. After that now here I am composing an article for today.

Let’s come to today's topic, but before starting it.

If you haven’t visited my previous article yet then do visit it first.

 https://read.cash/@Niazi420/bad-decisions-in-crypto-world-cc970d45

Quantity matters in crypto

So, today again I am going to share with you my bad experience in crypto. I experienced this when I was following signals from free groups. About one and half months ago, the Binance exchange launches a new coin called “BETA”. At the launch of the day this coin pump from 0.08 to 4$ around. Don’t remember the exact price and I am too lazy to again check the price. I didn’t ride on this trade at that time because when I found this it was highly pumped so I thought it better not to trade. After a few days, this coin was dumped which was expected to be 2.50$ from 4.50$. The admin of free group member made a video on this coin in which he told about the potentials about this coin and he highly suggested us to buy this coin because in his experience and thoughts he told that it was not pumped like other coins and its price is very low yet and it will go to the moon soon. So, I thought to take this trade because its fundamentals are looking strong. But this was thinking of an immature person at that time. (Yes, I am talking about myself). I bought this around 2.36$ of 70$ and I put my sell order at 9$ because he told us in a video that it will easily cross 12$ and for those who bought this coin at 4$ he was also suggesting they hold this coin. I was expecting too much from this coin. I was calculating my profit, as usual, I do in every trade. My profit was equal to around 600$ if my trade touches the sell order. But this time again when the market gets dumped, this coin also gets dumped and when the market gets stable it’s still dumped. When it comes down due to an emergency I sold all my BETA coins and thought to buy them when it will come more down. When it start pumping, I again bought it for 1.20$ of 50$ and this time again I was expecting the same profit but when I calculated the profit, it was only equal to 300$. That day I realized that and learned a lesson that never ever sell your coin if it’s low. I realized later that now I have less quantity of BETA coins and before this, I had a large that’s why my profit was big.

Now, this coin is again dumped and is trading between 1.05$ hehe, which means I am again in a loss of 10$. But, I don’t have any regret about it because at least I learned a new lesson from this and I will never repeat such mistakes in my life again.

Btw, I just left that group hehe, don’t know why every time his signals fail whenever I took his signals. Hehe seems like I am bad luck for him.

That’s all for today guys because now I am feeling tired enough and feeling sleepy.

Ending Thoughts

Share your experience in the comment section. Btw, are you aware of this coin, and what are your opinions about this? Just going to end up writing here because now my eyes are abusing me very hardly, Hihihi.

Take care, guys.

Plagiarism                                                                                          

All words are written by me. This article is 100% unique.

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Have a good night

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Regards

Your Lovely, Jawad(Niazi)