12-23-2021, 03:46 PM
What was your worst trade in 2021? What did you learn from it?
<!-- SC_OFF --><div class="md"><p>I sold $2.2k worth of BTC in March and traded it into VET at 19.3c.... </p> <p>I think I don't have to describe how I feel about it and what I learned is that speculative trading is a guaranteed way to lose everything you have. In the meantime one is looking for an exit point from the worst performing asset it has, TONS of other possibilities are passing by.</p> <p>I wanted to reallocate into MATIC as soon as VET hits my AVG. to avoid losses. Guess what? It didn't hit my AVG. ever and as it was going down again, I always found an excuse not to sell, because it will go up again and when I finally decided to DCA out, it has tanked back to February levels.</p> <p>In the meantime MATIC had at least 3-4 dips and back from 1.8$ back to 2.2 which would have been perfect buying opportunities to DCA into the asset.</p> <p>What ifs are the worst in this market and it will eat your soul...</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/gulasch_man"> /u/gulasch_man </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rmrqr5/what_was_your_worst_trade_in_2021_what_did_you/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rmrqr5/what_was_your_worst_trade_in_2021_what_did_you/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>I sold $2.2k worth of BTC in March and traded it into VET at 19.3c.... </p> <p>I think I don't have to describe how I feel about it and what I learned is that speculative trading is a guaranteed way to lose everything you have. In the meantime one is looking for an exit point from the worst performing asset it has, TONS of other possibilities are passing by.</p> <p>I wanted to reallocate into MATIC as soon as VET hits my AVG. to avoid losses. Guess what? It didn't hit my AVG. ever and as it was going down again, I always found an excuse not to sell, because it will go up again and when I finally decided to DCA out, it has tanked back to February levels.</p> <p>In the meantime MATIC had at least 3-4 dips and back from 1.8$ back to 2.2 which would have been perfect buying opportunities to DCA into the asset.</p> <p>What ifs are the worst in this market and it will eat your soul...</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/gulasch_man"> /u/gulasch_man </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rmrqr5/what_was_your_worst_trade_in_2021_what_did_you/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rmrqr5/what_was_your_worst_trade_in_2021_what_did_you/">[comments]</a></span>Kind Regards R