I feel you. 8k - 8300 was a nice time to sell. I should have hedged like Mackenzie mentioned but I was a pig. Still positive though. I figure it will take until at least Monday for the Daily RSI to come all the way down.The 4h stoch RSI is kind of struggling, but maybe MACD will cross up later today. 1h RSI looks like it is resetting right now, just not in line with MACD for an upward trend. I’m also a bit skeptical about being overbought on the weekly. Regret of not selling in the 8k range is motivating me to NOT regret NOT selling here to hedge. I knew a correction was coming from 8k, but looking at the last few minor corrections I thought it would only be a few hundred dollars. I counted that out, like it wasn’t worth it to me, however I would have been better off taking profits and practicing that trade. I would rather just buy back with fresh FIAT next week than risk anymore loss with BTC. You know, just another week of enjoying work as an alternative, to smash into BTC afterwards. I’m obviously not a TA pro, just getting back into it. I don’t have any BTC but its a decent way to get more, shorting with this slight trend reversal, buying the dip, selling for slight profit, then hedging. I will pay/forfeit a few hundred dollars for the sign of end of correction and then buy back with continued bull trend confirmation. AH man, maybe that’s exactly what they wanted me to do… hehe
Ps. I was watching the NBA Playoffs last night, Milwaukee Bucks vs. Toronto Raptors, and at the beginning of the game one of the announcers (a former player, forgot his name) made the comment, “You can’t expect to come into the playoffs and win every single game. It’s just not going to happen.” That’s real. I mean, wtf? Have a winner’s vision and mentality, but also keep it real with yourself. It happens, competing with the best, even as the best. That spoke to me about the recent dip and my own loss of potential profit. I haven’t been actively investing or trading for too long. I have to refresh and retrain my skills and instincts. People here who have been active could see and feel the need for correction, because they have been in the market, they are the market, they analyze the market better, not just feel the market. I’m just another maniac, trying to tone down and dial in. Anyways, we all know we can’t make every single opportune trade.
Did anybody here sell at 8300 and buy back at 6300? If you did, you definitely earned it and I applaud.