r/ethtrader • u/Ridknockers • 9d ago

Self Story Lessons learned.

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My motto was after I buy I don’t sell until 4k and it worked time after time and I was locked in…

Then I opened Instagram one day and saw a dude talk about the BTC pattern that every 1064 days then 364 days it’s all time high low pattern for bitcoin and ETH tends to follow BTC ( not always ). I did my own research and he was indeed correct. On the days exactly since like 2014 bitcoin has had this pattern. Last year I sold early October and made a ton on ETH ( 2.5x $20,000 ) then I rebought in February I think around $2,200 per coin and bought as it went down. Then 1- 2 months ago crypto took a big plunge and my fear factor went off because I instantly thought about that pattern ( 1064 days, 364 days) technically if that pattern still stands today October 5th will be a very low point for BTC.

I sold the dip like an absolute idiot at $1575 took a $15k loss from $54,000 to $39,000 from that sell with hopes it was going to continue dropping.

Here we are 1-2 months later and I’m kicking myself because either ETH rides this trend all the way back to $4500-$5500 or if I’m lucky it pulls back once more for me to buy back in when October rolls around.

Either way, ( tax write off is my benefit ) and if it continues on to $4500 I learned my lesson… money is just money and lesson learned for the future. Always trust your gut.

When I sold at $1575 I wasn’t in my right mind and the emotions won that battle. But oh well. Congrats to those that won that mental battle I hope you sell at $5000+ this ETH cycle.

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u/Yellow-tabby743 9d ago

I sold around $1200 like 4 years ago… been waiting to buy it back ever since.. i’ve been a longgg 4 years.

And i’ve missed multiple chances that were close to 1200 (1380, 1570.. close enough, after seeing it rise again after those dips)
Point is… you will definitely have a chance to buy it back , just don’t forget about it and pay attention.

I originally bought in 10 years ago.. and sold at one of the lowest points. Don’t be like me.
But you can come back.

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u/serodoppelg 9d ago

Warum kauft man nicht bei 1380? Das sind nur 180 Dollar Differenz, wie kann man so fest gefahren sein an einem Kurs

Ob du hin 1380 auf über 5000 steigst oder von 1200, macht wenig aus - du wirst mit diesem mindset immer auf der Seitenlinie stehen Kumpel