So I set a stop loss at $210 yesterday 🤔, my BSV sold itsel…
So I set a stop loss at $210 yesterday 🤔, my BSV sold itself on lowest price while sleeping 😂.
I wonder, buy in again now at $218 or wait it out for that possible 1xx?
Replies
You could buy half back to be safe on both possible directions
That would be a good option.
It feels like trying to catch a falling knife in any market right now. Are you accumulating? Whats your horizon?
My stop loss was a big position (for me). Just found it funny that I hit the low price ☺️.
My horizon is long term, but these prices slashes I dont want to ride down with at a 1xx price floor.
I will wait out the end of the day to make a decision.
1xx for sure.
This badboy is going down
120 wouldnt suprise me at this point (maybe in a month)
I appreciate the feedback. I will take a long look at potential outcomes over the day and do my risk/reward calculations.
It would feel great to buy at that price but I never sell my position in hopes of the price dropping. That being said, if the price dropped that low I would def buy more.
Yes, it was a choice I made when I set it (based on a lot of factors in my life), human nature. I will need to make new calculations and do some new risk/reward scenarios for this new trade. I can't predict the future, that I know 100%.
Yeah. I bought back at 300. I was hoping BSV wont pull a shitcoin move... it did. 🤷♂️