I pulled out my Bitcoin gains too early

I have just said in a recent post how I made a 44% return on my investment with a 50x leveraged position. It was risky and I plan to not do that again. I was bored, saw Bitcoin taking a dip, and put a few dozen dollars if I lost it whatever.

It happened that it was a dip before a huge pump. I just saw how much Bitcoin went up and I kinda of regret having pulled out my profits:
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A 5% increase on 50x leverage means 250%, but it was 50x leverage... I could equally have lost all my small investment with that...

I regret emotionally having closed my extremely leveraged position, but I rationally know it was the right thing to do. I did it with a small starting capital out of boredom and happened to be profitable.

I don't expect to do that again in the near future. I need healthier hobbies!

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(Edited)

eu fiz um 125x na Binance há dois meses. ganhei 600 dolares e tirei umas ferias hahaha... mas também não planejo fazer denovo

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No longo prazo a casa ganha né

Não sei você, mas eu não sou banqueiro pra ganhar sempre com inside trading haha

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Cant argue with a 44% return.

Easy to kick ourselves for leaving money on the table but trying to suck every last dollar out will end up costing us.

You will never go broke making a profit on trades.

Posted Using LeoFinance Beta

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The goal is to not trade, at least not daytrade, and even less so if leveraged.

But with the profits I booked I can buy some book about how to deal with gambling addiction so that I don't kick myself for missing out on the other 250% hahahaha

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