Taking it easy and study. Was severely hurt during the last drop. Sadly lost btc net worth, next to the dollar losses. Was able to recover my btc losses and made some dollar gains, from around 5500 to 6500.
My btc losses where mainly because of bad risk management, taking on leverage positions on bitcoin pairs. My btcusd stop loss luckily saved me from losing more then half of my account. My losses where around 25% in btc value, mainly to blame on bad money management.
I only recovered the btc value of my trading account, during the great discount drop, around 5500. The dump totally took me by surprise and I was ill prepared.
I'm thinking about taking on a second, long term, investment position. I'm only willing to take on a long term position around 3k and having a difficult time to plan my entry and stop loss orders. I can afford to set aside some of my net worth into a long term investment, but not without a proper entry and exit strategy.
My btc losses where mainly because of bad risk management, taking on leverage positions on bitcoin pairs. My btcusd stop loss luckily saved me from losing more then half of my account. My losses where around 25% in btc value, mainly to blame on bad money management.
I only recovered the btc value of my trading account, during the great discount drop, around 5500. The dump totally took me by surprise and I was ill prepared.
I'm thinking about taking on a second, long term, investment position. I'm only willing to take on a long term position around 3k and having a difficult time to plan my entry and stop loss orders. I can afford to set aside some of my net worth into a long term investment, but not without a proper entry and exit strategy.