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Learn from my stupid experience that just cost me an arm and a leg. It will do you good and avoid my huge mistake so you won't feel like shit and feel devastated like I am right now. I truly regret but to hell with it, it's too late for that now. So much for a merry holiday!

Anyway just lost over 12000 xrp (well over USD 6000 at one shot as of current xrp market rate). This shows how panic sell can screw one up big time. Im usually a long term hodler and I rarely do trade.... When xrp reached earlier today 44 cents I wanted to stop my loss so sold them for tether stablecoin (USDT).

Said to myself I'll short and rebuy again at a lower price but to my shitty damn luck at that very exact price point, it bounced back hard and here greed came at play and said to myself it will fall back down so let's wait and it kept going up then to make things worst for me, BTC has hit the long awaited All Time High (ATH) not seen since December 2017!!! Which gave a massive boost to all altcoins including XRP!

And me still awaiting for xrp to fall down, due to my greed index hitting all time high as well, kept waiting for a retrace and a correction which is of course far from it, we are in the middle of a damn bullrun!

Lost patience and kept seeing the correlation BTC / XRP / Other altcoins all soaring same time, I said let me not incur more losses, already got hit big time!

So bought XRP at 54 cents that's from selling it at 44 cents! 10 cents loss per xrp and the devastating results are over 12000 hard earned XRP loss! Perfect example of selling low and buying high!

Anyways guys learn from my stupid mistake and avoid what I've done so you won't suffer dearly as a result of your actions / decisions

PS: Any toxic / negative comment will be deleted and the member permanently banned. If you don't have a constructive feedback to share then keep it to yourself please! Enough already the loads of shit feelings I'm going through right now...

Ziad B. Tannous

Cryptocurrency Hub Admin

Tags: BTC, xrp

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@Former Member posted:

That is what trading is all about. Sometimes we win, sometimes we lose.  However, I have learnt something.

Yes you are right I agree. What's worst is that I recover them after many margin day trading spanning across many days but after recovering them xrp  crashed severely due to SEC lawsuit against Ripple then my dollar value felt down massively and now I have incurred a terrible loss unfortunately.

Ziad Boutros Tannous

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