Had a lightbulb moment this morning. After years of chasing profits, I realized being broke is a vibe. Experts say trading leads to poverty, so I’m in the right spot. My goal now? Lose as much as possible! I’m digging for the crappiest coins, like Namecoin. Next, I’ll get into the most ridiculous pump and dump scheme I can find. Bring it on.
Embracing the Art of Losing in Trading
11 replies 363 views
For real, Namecoin? Everyone knew that was a dead end. Why not pick something that people actually believed in but is still gonna tank? Like Litecoin… I’ve always thought BTC, ETH, and LTC would stick around forever, but man, what a ride.
97% of traders? That’s generous. Probably even less if we look back a decade.
Dogecoin might still have some life, especially when BTC starts climbing again. With the Iran situation cooling down, maybe Elon will get back in the game with Doge hype. But honestly, BTC is the real deal. Shitcoins? They’re a gamble, and you better know what you’re doing before jumping in.
Why’s Litecoin been so flat? Its ATH was over $400, but it barely hit $150 last bull run. I thought Polygon would surge too, but it’s been a letdown. Really hoping these coins pull through next bull cycle.
But seriously, OP, watch out for those altcoins.
Litecoin isn’t alone in this struggle. Lots of coins are far from their ATHs, but I think we’re still waiting for that altcoin season where they shine again. Just gotta hold on and see how they perform when the market picks up.
You’re missing the point. Altseason doesn’t mean old coins will hit their ATHs again. Most won’t. Investors are always shifting to newer options. Last cycle had altseason, but no one called it that since BTC kept dominating. ETH didn’t even hit $10k like everyone thought. It barely broke $5k.
Do what you want, man. It’s your cash. But if you really wanna lose money faster, try gambling. Way quicker than trading. Why hunt for hidden gems when you can just roll the dice?
Life sucks like that. Tons of coins will die off over time, and some are already worthless. I’ve taken some heavy hits myself. If I’d been smarter with risk management, my portfolio would look way better. It’s all about surviving long-term.
That’s how it goes. Once the creator got too involved, it all fell apart. He was hyping it at $400 ATH, then got blamed when it tanked. I learned my lesson the hard way. Now it’s just BTC for me. I messed up with ETH and LTC too.
Sorry to jump in, but LTC used to be respected. A lot of BTC users liked it, and it was seen as a testing ground for BTC upgrades. That reputation’s gone now.
And yeah, altseason was a joke compared to previous cycles. Once the heavy hitters stopped reaching ATHs, it was clear BTC was the king.
real_protoNewbie
Posts: 68 · Reputation: 14
#11Sep 15, 2022, 05:09 AM
Honestly, this sounds like a rant. If you know you’re risking poverty, why keep trading? Is this some kind of experiment? I don’t get it. And good luck with those shitcoins; they can bite back hard.
HyperBlockMember
Posts: 57 · Reputation: 80
#12Sep 15, 2022, 10:40 AM
This year’s been rough for me too. Funded three times and got wrecked by greed and bad calls. Now I’m just focused on BTC and XRP. No more regular shitcoins for me. I learned my lesson; if you’re gonna trade altcoins, stick to a few pairs. Stay safe out there.
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