BTC 54k?

No one can predict the market. I'd focus on your risk tolerance and trading plan rather than moving the liquidation price based on emotions after the trade is already open.
 
Don't gamble. Cut your losses and stop adding more.

This is a typical gambling behaviour. We have all been there at some point in time. For me personally it was dying on a hill keeping certain businesses up float for vanity or ego and prove a point.

Cut your losses and move on.

It's unfortunate to loose money but don't keep going that rabit hole

I personally go to an arcade these days and play claw machines twice a month. Keeps me grounded and makes me understand it's better buying a soft toy than trying to win one soft toy every 5 times I play.

Claw machines are harmless pleasures imo. Similar adrenaline rush

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My partial soft toys collection from claw machines. Playing around the world. That dog and minion was from a ring game. Throw ring in a bottle. 30 rings thrown and i won one. That's the odds.
 
btc isn't a quick flip
unless ur lucky and got in just before a climb..
its a long, set and forget game
Could you tell me if you're investing long-term or short-term? I don't see many people making money with short-term investments like I do :((((

No one can predict the market. I'd focus on your risk tolerance and trading plan rather than moving the liquidation price based on emotions after the trade is already open.
It's a piece of advice I've known for a long time, but I can't control my emotions to control my mind. It's been hard to manage my emotions lately. Do you have a solution?
Don't gamble. Cut your losses and stop adding more.

This is a typical gambling behaviour. We have all been there at some point in time. For me personally it was dying on a hill keeping certain businesses up float for vanity or ego and prove a point.

Cut your losses and move on.

It's unfortunate to loose money but don't keep going that rabit hole

I personally go to an arcade these days and play claw machines twice a month. Keeps me grounded and makes me understand it's better buying a soft toy than trying to win one soft toy every 5 times I play.

Claw machines are harmless pleasures imo. Similar adrenaline rush

View attachment 528346

My partial soft toys collection from claw machines. Playing around the world. That dog and minion was from a ring game. Throw ring in a bottle. 30 rings thrown and i won one. That's the odds.
hahaha Claw machines are harmless , relly ?
Can we look for dopamine in that thing?

I'll try, it sounds strange.
 
my volume is 120k

I'm investing in the future, which is really stupid.

This morning, BTC recovered to around 63k. Hopefully, it will recover to the 66k level soon today.


I'm not short of money, but I need money...
holy shit, That amount is relatively large; your account needs to have around 50-100k to be allowed to bet like that
 
Haha. Yes provided you restrain after 1-2 hours of game play once or twice a month.
I'll consider it a recreational game to relieve stress. Thank you for choosing Advice

holy shit, That amount is relatively large; your account needs to have around 50-100k to be allowed to bet like that
My account currently has around 5-6k. I'm really sad
 
man 5-6k margin on a 120k position is insane leverage... you are basically playing roulette at this point. if you add more cash you are just feeding the market. honestly just cut it or at least set a tight stop loss. trying to save a high leverage position when your emotions are already wrecked is how people lose everything. take the hit, clear your head, and stick to spot or way lower leverage next time. it hurts but keeping this open is going to ruin your sleep.
 
man 5-6k margin on a 120k position is insane leverage... you are basically playing roulette at this point. if you add more cash you are just feeding the market. honestly just cut it or at least set a tight stop loss. trying to save a high leverage position when your emotions are already wrecked is how people lose everything. take the hit, clear your head, and stick to spot or way lower leverage next time. it hurts but keeping this open is going to ruin your sleep.
Today, BTC is showing signs of recovery, and I expect it to soon regain the 66k level. Thank you for choosing this advice.
 
74k isn't the problem. The leverage might be.
Today, BTC recovered quite well, reaching the 64-65k mark. Hopefully, we'll see BTC reach 74k next week.
I think BTC will rise again and go above 90k. Don't worry too much, be patient, and stay firm in your stance
wow btc 90k? Are you dreaming? :)))))
 
Hello. I have a long BTC position at 74k last week. My liquidation price is 54k :poop::weep:Should I cut my losses or add more money to raise the liquidation price? Please give me some advice :(
If it were me, I wouldn't add more money just to save a losing trade. Adding capital might push the liquidation price down further, but if the market continues to move against you, you're only increasing your risk
 
I'd take 70k first
Currently, BTC has 64,000 tokens. It will reach 70,000 soon today. ;))
If it were me, I wouldn't add more money just to save a losing trade. Adding capital might push the liquidation price down further, but if the market continues to move against you, you're only increasing your risk
I've just had to raise capital to bring prices down. I hope the market will rebound this week and early next week.
 
Hello. I have a long BTC position at 74k last week. My liquidation price is 54k :poop::weep:Should I cut my losses or add more money to raise the liquidation price? Please give me some advice :(
Man that's a tough spot to be in. Personally I wouldn't add more money just because the trade is underwater. I've made that mistake before and it usually came from hope rather than a solid plan. I'd take a step back and ask whether I'd still be confident opening this trade today if I wasn't already in it. If the answer is yes then maybe hold and manage the risk. If not then it might be worth accepting the loss and preserving capital for the next opportunity.
 
I’m fairly confident the bottom has been hit and we’re going to gradually start going up from there, might get volatile though.
 
There are signs that Bitcoin may be recovering. In my opinion, it could be quite a while before Bitcoin drops back to $54k.
 
Hello. I have a long BTC position at 74k last week. My liquidation price is 54k :poop::weep:Should I cut my losses or add more money to raise the liquidation price? Please give me some advice :(
Cut your losses, man, otherwise it might drop to 40k... :))):D:D
 
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