Saving Stablecoin for Bitcoin Cash and the others
Gahhhh, I'm still stuck on my last trade. I bought BitcoinCash and Hive to play with and I'm still at a loss with Bitcoin Cash as I've suffered a huge loss. Just imagine buying 3 Bitcoin Cash at $131.8. I really thought I had already bought on the dip, but yeah, I totally forgot that when you buy on the dip, there's a big chance that it will dip more. Y'all know me, I don't even know about technical analysis and just relies completely on guessing at what price this or that token might cross. So it's just purely of luck if I guessed it right. Righty righty? Lol.
It's really not easy, but for the few bucks that I can get, I want to take a chance. There's a huge risk, but as the saying goes, "No Pain, No Gain." And I will just accept the pain right now while looking at my wallet and expect the gain later. I believe in Bitcoin Cash, so of course I am expecting that. I am so happy with my last trade because I was able to earn on it, but tsss - why did I never think that shit could happen anytime. I am so confident that I forgot to guard my heart for this kind of thing. Aigoooooyahh!
And because I am still stuck until today, of course, hodling is the only choice I have. I mean, I have no problem with that, but-as I've said, what I'm currently doing was put to a halt and the little profit that I could get if ever is also now put on hold. I am not sure if Bitcoin Cash will rise even just until my buy price last month. I'm hoping it will happen soon.I am reading a lot of price predictions for Bitcoin on Facebook. I just can't stop myself from reading those kinds of posts.
It's for my own benefits and I don't want to be left behind, so it's good if I am a little updated with the latest happenings about other coins. What I heard is that there's a chance that Bitcoin really crossed at $13k. If that happens, how about other tokens and coins then? I am not really sure what to believe, but it's better to be safe than sorry later. This is the reason why I want to save a lot of stablecoin. I want to buy coins and tokens if that happens, especially Bitcoin Cash.
We don't really know what's going to happen, and you know the crypto market is really unpredictable. Not just that, but it is also a traitor. You shouldn't be so complacent and even if you are really careful on your every action inside crypto verse, it can still backstab you anytime. You know what I mean? While you are certain that it will not dump again, waaah, it didn't just dump because it completely crashed, and if that happens, what about us, a small fish? We will be left with nothing, ahoy.
And that's what I'm afraid of. So, if I see a chance again, I will continue my spot trade and I will make sure to save enough stablecoin para sa darating na sakuna. It's not like I am wishing for it to happen, lol. Not like that, I just want to have a second plan or even a third plan if ever "it" happens. If Bitcoincash ever drops further, I can simply buy more of it and stock my wallet with a large amount of it. A good plan, right? Well, I just hope that while doing this I won't encounter any problems, so that tuloy lang ang ligaya.
Hmmm, it's still not good Ó╭╮Ò, but let see. It is still far from my buying price but yeah, I can just wait for it.
@itsmeCguro @PVMihalache thank you so much for the sponsorship renewal. You The Beast!! I mean the best!!!
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September 02, 2022
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I think aside from the potential losses of trading, one factor na din is yung panghihinayang na din as to what you've mentioned Ate. Sometimes it's hard to predict if it's too early or too late na din to trade or hindi. Just like what happened to you, you could've bought the 3 BCH for a much lower price but di na din natin alam talaga kung ano yung next na mangyayari sa token.