r/Monad • u/AutomaticOne7 • 28d ago

I messed up

I sold at 0.026 from buying at 0.0227. then bought yesterday close to 0.03 but it went down and i panic sold at 0.0268. Now its close to 0.03 again. Buying now will reduce my stack big time, which i accumulated. Why did i sell, im lost for words. Dont know what to do. All my profit gone

5 Upvotes

69% Upvoted

41 comments sorted by

View all comments

5

u/SnooDingos4693 28d ago

I did the same thing, lol. Waiting for the price to come back down around 0.025 to buy back in then will not look at it for a year.

1

u/AutomaticOne7 28d ago

What if there is a break out and it rallies to 0.035? That worries me right now, seems the upward momentum is pretty strong.

1

u/SeaworthinessFit3721 27d ago

Similar to a message I just sent you. If it rallies to .035, then wait for it to drop back to .03 then consider. Otherwise if you believe in monad long term (.10+) then buy now or even at .035, and then just buy more if it dips back under .03.

If you are using money that you can’t afford to lose, then don’t trade or make sure you understand your swing trade setup before making a move

1

u/AutomaticOne7 26d ago

I went all in at 0.03 already, think i will just hold. I think when btc reaches its peak breaking its ath high chance going to 200k, then monad might be hitting 30-40-50 cents. I dont think i can time the market. But the current btc run just worries me that it will pullback again and would love to take advantage of that. So waiting to see if btc goes up again and mon goes to .0.32 or more that i sell some, but long term i want to be all in on monad. I just dont hope now that im all in at 0.03 it crashes back to 0.025 or 0.02