After 12 Days of Waiting, I Got 0.08 Bitcoin Cash from Trading
So some days ago or was it weeks already whichever it is, I share here about trading again to accumulate more BCH while ir is still dancing in a very nice dip. The way it's price is dancing Up and Down moving with it I think is one of the best thing to do. Well, just for me okay. It's not like I am encouraging anyone to try this too. If you have a tough heart then go with it but if not, then avoid it.
Anyhow, I am trading again after sending another 0.8 BCH from my main wallet. This one just really need a lot of patience so if you don't have that then don't even try it. Trading is like you are in a roller coaster ride with the kind of market we have today. I sold 0.4 BCH on Binance when the price pump until $225.1
BCH weeks ago when this sell order was hit pump until $234. But because sending it from my main wallet to Binance took a lot of time, I was late and when I check again the price is drastically dropping so even if I'm still undecided I sell 0.4BCH and leave half of it in my Binance wallet. Good thing I sell it in that price because after that it didn't pump more.
Then the next day after my sell order was filled I made another order with a sell limit of $175. I was so sure and don't even have the plan to change my sell limit coz I know it will dump again. My patience last until May 26. I forgot that weekend is approaching and you know weekend has a bloody market always. And as you can see it's just friday and the market is so bloody already.
But I sell too early again. I am watching BCH price since I start spot trading again. I saw how BCH pump just until $204 and didn't pump more after that. I am so tempted to change my buy limit but it's only yesterday that I did that. I thought it won't dump na. But I thought wrong again. Just when I already give up and decided to buy at $186.5 that's when the unexpected happened.
After my buy order was filled BCH drop more until $187. And it even drop more when it hit $175 point something and I regret my decision of buying earlier. Just right after I buy it that's also the time that it drop more. Seriously, BCH is really good in playing with heart no? Tsk. Or I just become impatient that's why? Tsk. And you know what, when I visit it at midnight or 254AM I saw that the price drop even more at $272.4. Really?
But I'm still happy coz I added more BCH in this trade. Imagine I only put 0.4 BCH but now I have another 0.082 BCH more. My purpose here is to really accumulate more BCH and I didn't failed on that one. Nevermind the price or it's value. As long as I reach my goal which is to gain more Bitcoin Cash then I'm also good with it. I am planning to sell again it later.
By the way, you know guys I want to really slap my face because I will sell it din naman at $186 diko pa ginawa nong una palang. Actually, it actually drop in that price before several times but I just ignore it and hodl on to what I already set if only I did it the first time that it drops to that price for sure I already earned more than this. But well, that's life parang buhay lang so, better luck next.
I'm still thinking if I will go with my sell limit of $200 or $220 or more. This is the hard part here, deciding lol. But well, I'll just watch the market nalang and make my entry once I see my desired sell limit price. Hope this one is success too. I dont give much attention to it's value now but what I can earn here in trading will be added to my portfolio
This amount is not that much right now but soon, soon it will give me a bigger value and I will look at to this time that I tried trading and will continue to do it just to save more bitcoin cash on my bag. And that's what I'm looking forward into this trading Journey. It took me a lot of time just to earn that 0.08 BCH but it is better than nothing at all. Right?
Happy Trading to me and Good Luck self!
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@foryoubtc09 big thank for the renewal of sponsorship (✿^‿^).
My 27, 2022
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iba talaga pag may pang risk pag trade ...