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Taking losses really sucks. I& #39;ve taken several this past week and it& #39;s not very fun. That said, I know that capital preservation is #1 and I can *generally* buy these coins back lower. Tiny reminder thread below:
$BTC $ALTS $KAVA #Bitcoin
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$BTC $ALTS $KAVA #Bitcoin
" title="Taking losses really sucks. I& #39;ve taken several this past week and it& #39;s not very fun. That said, I know that capital preservation is #1 and I can *generally* buy these coins back lower. Tiny reminder thread below: $BTC $ALTS $KAVA #Bitcoin https://abs.twimg.com/hashflags... draggable="false" alt="">" class="img-responsive" style="max-width:100%;"/>
The reversal signs were there, I was just too greedy and blind to actually take a step back and say "this market is euphoric". I went from bear market ptsd where I was taking profits every 5% (and watching my coins run 300%+ after that) to not taking any profits after a 15% move.
In the past, I used to run up large amounts of profits and then give it back to the market. I& #39;ve gotten better over the years but, as it generally is, I am my own worst enemy. Old habits die hard and violating your own principles is a fast track to losing.
