I'm freaking out right now... down almost $500 and I'm lost. Over-traded like crazy, buying and selling when price wobbles. When it rises, I jump in, then panic-sell when it drops. Total mess. Thinking about just using a limit sell and deleting my Binance account. Is that a bad idea? If price hits $75, will it auto-sell before I delete?
Dude, what you're doing isn't trading, it's like gambling. You gotta learn some basics before jumping in. Don't just chase prices. There are strategies and skills you need to develop. You could be using that cash for mentorship or a solid crypto course instead. My advice? Take a break from trading for now.
If you set a limit sell at $75 and delete your account, your order’s gonna get canceled when you close it. Best move is to place your sell order, let it fill, then withdraw your funds and just step away. Your panic-selling is super common among newbies, trust me.
Wait, what was your initial investment? If you're down $500, that sounds like a big chunk. If you're really done with crypto, just do a market sell. A few hundred bucks won’t even budge the market price, then you can delete your account without worries.
Honestly, you're not gonna get far just buying on little price jumps without analyzing. Maybe chill for a sec and stop panic-selling. Keep an eye on market moves and wait for prices to go up, like $77k or more, before you think about selling.
So you wanna delete your Binance account for good? That's a bit extreme. Just place that limit order and if BTC hits it, withdraw to your own wallet. If it’s just the app you wanna delete, that won’t mess with your order at all.